Apollo Micro Systems Strengthens Order Book With Rs 1,500 Mn Defence Contract

Apollo Defense Industries Private Limited, a subsidiary of Apollo Micro Systems Ltd., has announced a noteworthy business growth. The corporation notified shareholders in an exchange filing on January 1, 2026, that the subsidiary had reached a deal with a private company to carry out a significant contract for Rs 1,500 million. The deal, which was concluded in the regular course of business, demonstrates the company's growing standing in the aerospace and defence industries.

Apollo Micro Systems' growing presence in India's defence manufacturing ecosystem is highlighted by this contract deal. The order not only enhances the order book visibility for its defence subsidiary but also reflects increasing confidence among private sector players in Apollo's technological capabilities and execution strength.

Apollo Micro Systems recently announced that its subsidiary bags supply contracts worth Rs 421 crore. A running contract (RC) of Rs 419.39 crore has been awarded to IDL Explosives for the supply of bulk explosives to Coal India subsidiaries. Additionally, it has obtained an export order for cartridge explosives worth Rs 1.5 crore. "The total value of orders received is Rs 420.89 crore," the corporation stated in a statement.

In recent years, Apollo Micro Systems has seen significant financial growth. The firm recorded record revenue of Rs 562.07 crore for the entire fiscal year 2024-2025, a 51.2% year-on-year growth over the prior year. EBITDA climbed 54% to Rs 132 crore with a margin of 23.5%, while net profit jumped more than 81% to Rs 56 crore. The company's increasingly strong order inflows have been a major growth driver.

As a component partner spanning missile and naval warfare platforms, the company's solutions portfolio supports more than 700 onboard technologies and takes part in more than 150 domestic programs and 60 Defence Capability Partnership Programme (DcPP) activities. Apollo Micro Systems has a market capitalization of about as of the most recent market data. According to Screener, return measures indicate a ROCE of around 14.5% and ROE of approximately 10.2%, while the book value per share is approximately Rs 32.3 with a modest dividend yield of 0.09%.

Apollo Micro Systems now has a market capitalization of Rs 9,126.05. Apollo Micro Systems' Price-to-Book (PB) ratio is 6.18, indicating the relationship between the stock price and the company's assets, while its Price-to-Earnings (PE) ratio is 118.7673, indicating how the stock is valued in proportion to its earnings. Apollo Micro Systems has fluctuated between a high of Rs 354.7 and a low of Rs 103.77 during the last 52 weeks.