Defence Stock Apollo Micro Systems In Focus On Adding 11,696 New Shares; Details Here

Apollo Micro Systems Limited has declared that a fresh allotment of equity shares issued on a preferential basis has been approved for trading. Both the NSE and BSE Limited have given their clearance. The official statement states that 11,696 equity shares, each with a face value of Re. 1, have been authorized for listing.

These shares were issued to non-promoters as part of a preferential allotment, following the conversion of warrants. The newly issued shares have been listed and admitted for trading effective March 19, 2026, and are available under the company's existing trading symbol. The shares carry an issue price of Rs. 114 per share, including a premium component, and are ranked pari-passu with the existing equity shares of the company.

This means they hold equal rights in terms of dividends, voting, and other shareholder benefits, ensuring no dilution in rights for existing investors.

Following the above announcement, Apollo Micro Systems (APOLLO) was trading at Rs 200.99 on the NSE, marking a decrease of 2.57% from its previous close during the afternoon session as of March 19, 2026. Throughout the day's session, the stock has fluctuated between a low of Rs 197.11 and a high of Rs 203.00 after opening at Rs 200.

Nevertheless, a lock-in term that lasts until September 19, 2026, applies to the allotted shares. According to the rules regulating preferential allotments, the shareholders who acquired these shares are not allowed to sell or transfer them on the open market during this period.

In terms of financials, Apollo Micro Systems recorded consolidated revenue from operations of Rs. 252 crores in Q3 FY26, a rise of about 12% QoQ and 70% YoY. At Rs. 23 crores, the company's net profit for the quarter climbed by around 23 per cent QoQ and 28 per cent YoY. Additionally, the PAT margin dropped from 12.3 per cent in Q3 FY25 and 13.3 per cent in Q2 FY26 to 9.1 per cent in Q3 FY26.

In Q3 FY26, the company's consolidated EBITDA was Rs. 50.4 crore, down 15% from Q2 FY26's Rs. 59.2 crore but up 33% YoY from Q3 FY25's Rs. 38 crore. The EBITDA margin fell to 20% in Q3 FY26 from 26% in Q3 FY25 and 26.3% in Q2 FY26.

According to Marketsmojo, Apollo Micro Systems has produced an astounding 73.01% return over the last year, greatly surpassing the Sensex's 2.27% return over the same time frame. Over a three-year period, the stock's overall return surpasses 588%, surpassing the benchmark's 31% gain; even over a five-year period, the company's return is higher than 1692%, surpassing the Sensex's 49.91%.

Apollo Micro Systems Ltd. is a manufacturer of electromechanical systems and electronics with a concentration on the defense sector. Working closely with the DRDO (Defense Research and Development Organization) and other defense PSUs, it is a significant player in domestic missile projects.