Apollo Micro Systems Ltd (AMS) is another growing Indian based defence and aerospace electronics company which deals with the designing, development, assembling and testing of high performer electronic and electro-mechanisms. The company is an important part of the defence ecosystem in India contributing to the provision of mission-critical solutions in missile systems, avionics, naval and space and Currently Apollo Micro Systems Share Price is Bullish Trend.
As the Government of India vigorously pursues its agenda of Make in India and locally-produced defence, Apollo Micro Systems is becoming one of the players to gain significantly in the defence industry. The company has been able to record high growth in revenues and profits over the last few years, which makes it a good stock to be held by long-term investors. The article will provide complete information about Apollo Micro Systems Ltd, its business operation, financial performance, shareholding pattern and share price prospects between 2026 to 2030.
Apollo Micro Systems Ltd Company Overview
Apollo Micro Systems Ltd was set up to deliver the state of the art electronic and engineering solutions to the main defence and aerospace projects. The company has overtime established solid experience in developing systems with high reliability that are applied in mission critical applications.
The company has created over 700+ onboard technologies and it also engages in over 150 indigenous programs on defence. It also forms part of a number of Defence Capital Procurement (DCPP), which has enhanced its status as a major defence supply chain provider in India.
| Information | Value |
| Company Name | Apollo Micro Systems Ltd |
| Sector | Defence & Aerospace |
| Industry | Electronic Systems & Engineering |
| Market Cap | ₹10,761 Cr |
| Current Price (As of 29 April 2026) | ₹303 |
| P/E Ratio | 121 |
| Book Value | ₹30.2 |
| Dividend Yield | 0.08% |
| Face Value | ₹1 |
Business Operations
Apollo Micro Systems deals in niche areas in defence and aerospace technology. Its solutions and products have critical uses where reliability and performance are crucial. The diversified portfolio of the company gives it high revenue visibility and growth prospects in the long-run.
| Segment | Description |
| Missile Systems | Electronics and subsystems for missile programs |
| Naval Systems | Solutions for naval warfare and underwater systems |
| Avionics | Aircraft and defence aviation electronics |
| Space Systems | Satellite and space-related components |
| Homeland Security | Surveillance and defence equipment |
Apollo Micro Systems Ltd Global Presence
Apollo micro systems is largely an Indian based company with increased experience with global defence markets through exports and partnerships.
As the world grows more and more in need of defence electronics and India concentrates on exports business, the company can hit more foreign markets in the near future.
| Region | Presence |
| India | Core operations |
| Defence Exports | Growing |
| Global Partnerships | Emerging |
Apollo Micro Systems Ltd Financial Performance
Apollo Micro Systems has also performed well in terms of high financial performance where revenue and profits are on steady growth.
The revenue has increased substantially reaching ₹773 Cr (TTM) and net profit has increased to 85 Cr. Over the past five years, the company has realized an increase in profits at a rate of more than 32% cumulative growth rate.
The operational efficiency is enhanced hence the operating margins have improved to about 24.
| Indicator | Value |
| Revenue (TTM) | ₹773 Cr |
| Net Profit | ₹85 Cr |
| Operating Margin | ~24% |
| Profit Growth (5 Years) | ~32% CAGR |
| Sales Growth (3 Years) | ~32% CAGR |
| ROE | 10% |
| ROCE | 14% |
Apollo Micro Systems Ltd Current Share Price
Apollo Micro Systems share price stands at an approximate of ₹303 and its upward growth is excellent by over 6 percent in the past session.
The stock has recorded impressive returns in the last one year due to the high financial performance and good mood in defence stocks.
| Metric | Value |
| Current Price (As of 29 April 2026) | ₹303 |
| Daily Change | -2.56% |
| Intraday Range | ₹290 – ₹310 |
| 52-Week High | ₹355 |
| 52-Week Low | ₹113 |
| Trend | Bullish |
Apollo Micro Systems IPO
Apollo Micro Systems conducted the initial public offering (IPO) in January 2018 to get funds to cover working capital requirements and other general purposes of the corporation. The IPO was well received with investors, primarily due to the niche positioning the company held in the field of defence electronics as well as its growth potential in the future. The post-list volatility in the stock was important and this volatility is typical in a small cap defence company, because of changing order flows and project-led revenues.
| IPO Detail | Value |
| IPO Year | 2018 |
| Purpose | Working capital & expansion |
| Investor Response | Positive |
| Post-Listing Trend | Volatile |
| Sector Impact | Defence growth driven |
Apollo Micro Systems Share Price Target 2026–2030
The share price targets of Apollo Micro Systems in between 2026 and 2030 will mostly hinge on the performance of the order book, defence expenditure by the governments and the general development of the sector. The projections in the short-term indicate a potential ₹323- 394 range as per market estimates, although the actual performance could be different depending on the quarterly performance and the awarding of contracts.
The powerful expectations of the India Make in India project, the growth of defence budgets, and the growing localisation of defence production drive long-term targets to 2030. Valuation models used such as discounted cash flow (DCF) and order book visibility are often useful to analysts in determining how prices may trend over time.
| Year | Target Range (₹) |
| 2026 | ₹323 – ₹394 |
| 2027 | ₹380 – ₹520 |
| 2028 | ₹450 – ₹650 |
| 2029 | ₹550 – ₹800 |
| 2030 | ₹700 – ₹1000 |
Apollo Micro Systems Share Price History
The history of share price indicates that Apollo Micro Systems has a history of high volatility which is characteristic of small-cap defence organisations. The stock has exhibited drastic fluctuations driven by defence orders, government policies and investor sentiment.
By April 2026, the stock will be highly liquid, responding swiftly to corporate news like new orders, alliances, and advances in technology. The stock has been oscillating over a huge range over the last year thereby giving it the high-growth but high-risk characteristics.
| Period | Price Movement |
| 52-Week Range | ₹113 – ₹355 |
| Recent Trend | High volatility |
| Volume | High |
| Drivers | Contracts & news |
| Nature | High-beta stock |
Apollo Micro Systems Share Price News Highlights
The company has a good growth prospect as indicated in the development of the recent times.
The company has a lifetime license to make arms and ammunition including missiles, torpedoes that gives it a tremendous lift in its long-term prospect.
It has also passed some successful defence tests and this has boosted its endeavors in the Indian defence ecosystem.
| News Item | Details |
| Defence License | Lifetime arms manufacturing license |
| Trials | Successful Navy trials |
| Growth | Increasing order book |
| Sector | Strong defence demand |
| Sentiment | Positive |
Apollo Micro Systems Share Highlights
The results of the company in the quarterly reports indicate that the company has a consistent rise in revenue and profitability.
The sales represent 252 Cr in Dec 2025 and 82 Cr in Dec 2022 which means that the business has been growing very well.
| Quarter | Sales (₹ Cr) | Net Profit (₹ Cr) |
| Dec 2022 | 82 | 7 |
| Mar 2023 | 107 | 7 |
| Jun 2023 | 58 | 2 |
| Sep 2023 | 87 | 7 |
| Dec 2023 | 91 | 10 |
| Mar 2024 | 135 | 13 |
| Jun 2024 | 91 | 8 |
| Sep 2024 | 161 | 16 |
| Dec 2024 | 148 | 18 |
| Mar 2025 | 162 | 14 |
| Jun 2025 | 134 | 18 |
| Sep 2025 | 225 | 30 |
| Dec 2025 | 252 | 23 |
Apollo Micro Systems Ltd Balance Sheet Strength
The company has been enhancing its balance sheet by way of growing reserves and assets.
The borrowings have however also grown which means growth and investment in capital.
| Metric | Value |
| Total Assets | ₹1,782 Cr |
| Reserves | ₹1,046 Cr |
| Borrowings | ₹361 Cr |
| Equity Capital | ₹34 Cr |
Apollo Micro Systems Ltd Cash Flow Analysis
Apollo Micro Systems’s Operating cash flow has fluctuated whereas investing cash flow has been negative because of capital expenditure.
| Type | Value (₹ Cr) |
| Operating Cash Flow | ₹10 Cr |
| Investing Cash Flow | -₹91 Cr |
| Financing Cash Flow | ₹121 Cr |
| Net Cash Flow | ₹40 Cr |
Shareholding Pattern
Apollo Micro Systems is competing with the large defence firms in India.
| Category | Holding |
| Promoters | ~52% |
| FIIs | ~3.6% |
| DIIs | ~1.8% |
| Public | ~42% |
Peer Comparison
Apollo Micro Systems competes with major defence companies in India.
| Company | Sector |
| Bharat Electronics | Defence Electronics |
| HAL | Aerospace |
| Data Patterns | Defence Electronics |
| Zen Technologies | Defence Tech |
Growth Opportunities
With Defence spending and technological innovations, Apollo Micro Systems has great growth potential.
| Driver | Impact |
| Defence budget increase | Higher revenue |
| Indigenous manufacturing | Strong demand |
| Export opportunities | Global growth |
| Technology innovation | Competitive advantage |
| Government policies | Sector support |
Conclusion
Apollo Micro Systems Ltd is a firm high in growth in defence stocks that has a good background and potential in the long run.
Although the stock is currently overvalued, the growth opportunities of the stock make it a good choice to long-term investors with moderate risk-taking abilities. Apollo Micro Systems is optimistic since the performance of Apollo Micro Systems is positive in future particularly in the defence sector.
The growing defence spending, technological innovations, and export prospects are likely to favor the company.
FAQs
It offers defence and aerospace systems solutions electronically and engineering.
Around ₹303 as of April 2026.
Yes, the company is successful and has good growth.
The price target in 2030 can be ₹800- 1100 in case of growth.