| Market Cap | ₹14,458 CrAerospace & Defence |
|---|---|
| Revenue TTM | ₹904.32 CrOperating Income |
| RSI | 50.49Neutral Zone |
| Order from | DRDO, Indian Navy, Defence PSUs, State Government and Private Industries |
| Execution period | 2 years (for subsidiary portion) |
| Deal value | ₹189.57 Cr |
| Share of market cap | 1.3% |
| Share of annual revenue | 21.0% |
Key highlights
- Total order value stands at ₹189.57 crore across the parent company and its subsidiary
- Apollo Micro Systems directly secured orders worth ₹134.34 crore from primary defense entities
- Step-down subsidiary IDL Explosives Limited bagged work worth ₹55.22 crore
- Subsidiary contract features a clear execution timeline spanning a two-year period
- Client roster includes DRDO, Indian Navy, Defence PSUs, and State Government departments
What Is the Order?
The consolidated order value of ₹189.57 crore is divided into two distinct components. The parent entity, Apollo Micro Systems, received orders valued at ₹134.34 crore in its ordinary course of business. These contracts involve the supply of specialized electronic solutions to a variety of stakeholders including the Defence Research and Development Organisation and the Indian Navy.
Simultaneously, the company’s step-down subsidiary, IDL Explosives Limited, was awarded a separate work order worth ₹55.22 crore. This subsidiary portion is defined as an executable contract with a delivery and implementation schedule distributed over the next twenty-four months.
Client Profile
- Defence Research and Development Organisation (DRDO) for advanced R&D projects
- Indian Navy for maritime and underwater electronic warfare systems
- National Defence Public Sector Undertakings (PSUs) involving tier-1 component supply
- Various State Government departments for specialized infrastructure and security solutions
- Private Industries operating within the domestic aerospace and defense supply chain
Business Overview
Apollo Micro Systems specializes in the design, development, and assembly of custom-built electronics and electro-mechanical solutions. Its core competencies lie in high-performance computing, signal processing, and communication systems specifically tailored for the aerospace and defense sectors. The firm operates a state-of-the-art manufacturing facility in Hyderabad, catering to the critical needs of indigenous defense production under the Make in India initiative.
By integrating hardware and software capabilities, the company serves as a strategic partner to major defense research organizations and public sector undertakings, providing mission-critical systems for missile programs and underwater warfare.
Financial Context
The company currently maintains a market capitalization of approximately 14,458 crore, categorized as an Expensive Star due to its strong momentum and durability scores. In the latest financial year, Apollo Micro Systems reported an operating revenue of 904.32 crore, reflecting a substantial 61.18 percent year-on-year growth. Net profit for the same period doubled to 112.92 crore.
While the stock trades at a trailing price-to-earnings ratio of 128.04, which is significantly higher than the industry average of 50.2, its quarterly performance remains robust with a net profit growth of 168.64 percent compared to the previous year.
Industry Landscape
- Increasing indigenization in defense electronics provides sustained order book visibility
- Government focus on the Make in India initiative benefits domestic aerospace players
- Rising capital expenditure by the Ministry of Defence drives demand for custom electronics
- Expansion into explosive and energetic materials through subsidiaries diversifies revenue streams
- Competitive pressure remains high from established global defense original equipment manufacturers
| Share price | ₹404.65 |
|---|---|
| Market capitalisation | ₹14,458.36 Cr |
| Revenue (annual) | ₹904.32 Cr |
| Net profit (annual) | ₹112.92 Cr |
| Revenue (latest quarter) | ₹293.26 Cr+16.27% vs previous quarter |
| Net profit (latest quarter) | ₹37.62 Cr+46.51% vs previous quarter |
| P/E (TTM) | 128.04×Sector 58.48× |
| Promoter holding | 50.27%-1.71% QoQ |
| FII holding | 6.21%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Apollo Micro Systems Limited announcing the receipt of new orders from multiple defense agencies. Market figures from a third-party data provider.
