Apollo Micro Systems Ltd (AMS) is a prominent Indian company specializing in the design, development, assembly, and testing of electronic and electro-mechanical solutions. Incorporated on March 3, 1997, as a Private Limited Company, it transitioned to a Public Limited Company on April 1, 2017. AMS focuses on delivering high-performance, mission-critical, and time-critical solutions to the defense, space, and homeland security sectors. The company serves the Ministry of Defence, government-controlled public sector undertakings, and private sector companies. Apollo Micro Systems is a leading player in India, offering a wide array of services including electronic manufacturing services (EMS), PCB fabrication, embedded software design and development, circuit board assembly, hardware design services, concept-to-product development, host interface development, and custom-built electronic systems.
Apollo Micro Systems has demonstrated robust financial growth. For FY25, the company achieved a record revenue of ₹562.07 crore, marking a significant 51.24% year-on-year increase. Net profit surged by 81.18% to ₹56 crore, and EBITDA grew by 54% to ₹132 crore, with an EBITDA margin of 23.50%. In Q4 FY25, consolidated net profit rose by 8% to ₹13.96 crore, and net sales increased by 19% to ₹161.77 crore compared to the same quarter in FY24. For the full fiscal year 2024-25, Profit Before Tax (PBT) saw a substantial year-on-year increase of 87.23% to ₹82.55 crore.
* FY25 Performance: Revenue ₹562.07 crore (51.24% YoY growth), Net Profit ₹56 crore (81.18% YoY growth), EBITDA ₹132 crore (54% YoY growth), EBITDA Margin 23.50%.
* Q4 FY25 Performance: Net Sales ₹161.77 crore (19% YoY growth), Consolidated Net Profit ₹13.96 crore (8% YoY growth).
* FY24 Performance: PBT ₹82.55 crore (87.23% YoY growth).
* Market Capitalization: ₹5,774 Crore (as of Recent Data).
* Promoter Holding: 55.12% (as of March 2025).
Apollo Micro Systems possesses a significant technological edge, boasting over 700 onboard technologies. The company is actively involved in more than 150 indigenous programs and 60 Defense Capability Partners (DcPP) programs as a sub-system partner. Its strength lies in developing customized solutions using common hardware and software technology Intellectual Properties (IPs) that can be reconfigured for diverse end applications and domain requirements. AMS is currently involved in the supply of Electronics and Electro-mechanical systems and components, including the Design and Research & Development of systems used in various critical applications such as missile programs, underwater missile programs, avionic systems, ship-borne systems, and submarine systems. The company has built strong credibility in the defense and space sectors, having supplied the first indigenous Payload Checkout system to ISRO and signal analyzer cards to the Naval Science and Technological Lab. Its solutions are integrated into numerous Indian projects including missile programs, avionics, ship-borne and submarine systems, UAVs, and various types of ships.
Apollo Micro Systems anticipates substantial future growth, with expectations of revenue growing at a Compound Annual Growth Rate (CAGR) of 45% to 50% over the next two years. This growth is projected to be driven solely by its core business, without factoring in any contributions from recent acquisitions. This optimistic outlook is supported by a healthy order book and the progression of multiple products into the production phase. A significant recent development is the securing of an export order worth ₹113.81 crore for an advanced avionics system, designed for both civil and military aircraft. The company is strategically enhancing its manufacturing capabilities through the acquisition of IDL Explosives, positioning itself as a Tier-1 defense supplier amidst increasing demand for indigenous solutions.
The market capitalization of Apollo Micro Systems stands at approximately ₹5,774 Crore, based on recent data. The company's stock has shown positive momentum, with its share price increasing by 52.24% over the past 6 months and 26.22% in the last year. The 52-week trading range for Apollo Micro Systems shares was between ₹87.99 and ₹157.
Apollo Micro Systems caters to a diverse range of high-technology sectors, including aerospace, defense & space, railways, automotive, and homeland security. The company specializes in providing custom-built, commercially off-the-shelf (COTS) solutions tailored to the specific requirements of its defense and space clients.
The promoter holding in Apollo Micro Systems Ltd has remained stable at 55.12% as of March 2025, consistent with the 55.12% recorded in June 2024.
Apollo Micro Systems continues to exhibit strong fundamentals, underpinned by a robust order book, advanced technological capabilities, and a strategic focus on developing indigenous defense solutions. The company's consistent performance and positive growth outlook position it favorably to capitalize on the escalating demand for defense and space technology solutions within India.
