The shares of this defence company surged by approximately 18 percent on Wednesday after the company announced that it had secured a fresh export order worth Rs 114 crores. In this article, we will look at the details of the order.
With a market capitalization of Rs 5,500 crore, the shares of Apollo Micro Systems Ltd hit an all-time high of Rs 183.60 on Wednesday. The stock has delivered a multibagger return of 2,051 percent over the past five years.
On Wednesday, the company announced that it has secured an export order worth Rs 113.81 crore for the Development of an Avionic system. It also added that this project pertains to the development of an advanced avionics system intended for use in civil and military aircraft applications. However, due to the sensitive nature of the project, technical details are confidential under an NDA.
Financial Highlights
The company reported a revenue growth of 51 percent to Rs 562 crores in FY25 from Rs 372 crores in FY24. Additionally, the company’s net profit surged by 80.64 percent to Rs 56 Crores in FY25 from Rs 31 crores in FY24.
The stock has delivered an ROE and ROCE of 10 percent and 14 percent respectively, and is currently trading at a P/E of 97.67x as compared to its industry average of 77.23x.
Apollo Micro Systems Limited is an Indian-based company that designs, develops, and assembles high-technology electronic and electro-mechanical systems ranging from defense to aerospace applications. The product range includes avionics modules, missile simulators, seeker electronics, launch controllers, and data acquisition, as well as electronic systems for surveillance, public transport and safety, communication, and command control systems for railways and civil aviation.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
