Synopsis: A small Cap company has bagged an order worth more than Rs 100 Crores from a private company, which is deliverable to the Ministry of Defence, adding value to its orderbook of Rs. 7,850 Crores
A small cap defence company in the business of designing, developing, assembly and testing of electronic and electro mechanical solutions, saw its stock surge by upto 5 percent on Friday morning as the company bagged an order worth more than Rs 100 Cr for the supply of Unmanned Aerial Systems.
With a market cap of Rs 9,663 Cr, Apollo Micro Systems Ltd saw its stock hit an intraday high of Rs 275 which is 4.6 percent higher than the previous close of Rs 262.80.
What’s the News?
On Friday Apollo Micro Systems Limited announced that the company has secured an order worth Rs 100.24 Crore in the ordinary course of business from a private company for the supply of Unmanned Aerial Systems (UAS) to the Ministry of Defence. The execution of this order is scheduled to be completed within four months of time.
Business & Financial Overview
As of the latest quarter the company has its orderbook standing at Rs 7850 Crore. Apollo is the only Indian player with the highest participation in indigenous DRDO missile programs and a proven track record of supplying individual systems to complete weapon platforms, including explosives.
With over 40 years of engagement in DRDO weapon system platforms, it has deep expertise across development and manufacturing. It is also the only publicly listed private defence company in India with the largest infrastructure and strong in-house R&D capabilities.
Apollo Micro Systems Ltd, established in 1985 and headquartered in Hyderabad, is a leading innovator in the design, development, assembly, and testing of advanced electronic and electromechanical solutions.
In the latest quarter the company saw a YoY revenue growth of 39 percent, going from Rs 161 Cr in Q2FY25 to Rs 225 Cr in Q2FY26, while the QoQ went up by 67 percent from Rs 134 Cr in Q1FY26.
The YoY Net Profits growth is at 106 percent, going from Rs 16 Cr in Q2FY25 to Rs 33 Cr in Q2FY26, while the QoQ growth stood at 73 percent from Rs 19 Cr in Q1FY26. Moreover, the stock gave a compounded return of 118 percent in the past 3 years, while the 3 years profit CAGR is at 58 percent.
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