This defence stock is engaged in designing, developing, and manufacturing mission-critical electronic systems for defence and space security, is in focus after receiving an order worth Rs. 50.97 crores for the supply of security solutions and defence products from multiple private companies.
Stock Price Movement:
In Tuesday’s trading session, Apollo Micro Systems Limited‘s share reached an intraday low of Rs. 118.40 per equity share, plunged by 5.32 percent from its previous day’s close price of Rs. 125.05. The stock opened at Rs. 124.15 and is currently trading at Rs. 119.40 and its market capitalization stands at ~Rs. 3,659.49 crore.
What happened:
Apollo Micro Systems Limited has secured orders worth Rs. 50.97 crores for security solutions and defence product supplies from multiple private companies. This reflects the company’s strong position in the defence sector and commitment to delivering high-quality solutions.
Management Guidance:
Apollo Micro Systems Limited has set ambitious growth targets for the coming years. In FY25, the company aims to achieve Rs.1,000 crore in revenue, with a projected 15-20 percent increase in FY26, reaching Rs.1,200- Rs.1,300 crore. The order book is expected to grow significantly, with Rs.1,300-Rs.1,500 crore in new orders, mainly from the radar segment.
The company is also focusing on innovation, planning to showcase new products like drone-penetrating radar and weather solutions at Aero India. For FY27, they aim for at least 20 percent YoY order book growth. Additionally, Apollo Micro Systems is expanding into exports, targeting “build-to-spec” projects, with a goal of exports contributing 10-15 pecrent of revenue in FY26.
Manufacturing Facilities:
The company is expanding its manufacturing facilities in Hyderabad with three key projects. The first is a 55,000 sq. ft unit in IDA Mallapur, equipped with advanced testing labs that meet defence standards. The second, a 40,000 sq. ft facility in Adibatla, is part of their Ingenious Defence Systems (IPiDS) project.
The third and largest is a 3,50,000 sq. ft weapon integration facility in Hardware Park II, set to be completed by FY25. This expansion will boost production capacity and strengthen the company’s position as a leading defense manufacturer.
Product and service offerings:
The company specializes in defence electronics, offering solutions across missile systems, satellite space systems, naval systems, avionics, and homeland security. The company provides end-to-end electronics manufacturing, hardware design, and software services. It plays a key role in supporting system integrators like DRDO with both custom-built and off-the-shelf solutions, ensuring high-quality defence technology.
Client Base:
Apollo Micro Systems Limited has a strong client base in India’s defence and aerospace sector, serving major organizations like DRDO, Bharat Dynamics Limited, Bharat Electronics, HAL, and ISRO.
Additionally, the company collaborates with L&T, Kalyani Bharat Forge, Adani, and the Indian Armed Forces, including the Indian Army and Navy, reinforcing its industry leadership.
Recent quarter results:
Apollo Micro Systems Limited’s revenue has increased from Rs. 91 crore in Q3 FY24 to Rs. 148 crore in Q3 FY25, which has grown by 62.64 percent. The net profit has also grown by 80 percent from Rs. 10 crore in Q3 FY24 to Rs. 18 crore in Q3 FY25.
Written By – Nikhil Naik
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