This Small Cap Company Received Order from DRDO -GoI Strengthening In House Manufacturing for Aerospace & Defence Sector
On December 24, 2024, Apollo Micro System ( AMS) announced that it had received an order worth Rs. 6.14 crore from (DRDO)
Earlier, on December 3, the company informed the stock exchanges that it had been declared the lowest bidder for orders totaling Rs. 21.42 crore from Bharat Electronics Limited (BEL) and a private company.
Additionally, last month, AMS secured orders worth Rs. 4.65 crore from DRDO and the Adani Group. The company also reported being declared the lowest bidder for orders valued at Rs. 16.96 crore from DRDO, Public Sector Units, the Indian Navy, and the Indian Army.
Market Cap : ₹ 3698
LTP: at NSE, BSE ₹ 120.68
PE: 78.88 PE Generally high in ” AEROSPACE AND DEFENCE “sector
52 W Low:₹ 87.99
52 W high :147.55
PEER – Group Company
Government of India ” Atma Nirbhar Vision”
The government, committed to fostering start-ups and bolstering self-reliance in defense, has introduced the “Buy Indian-IDDM” category, prioritizing indigenously designed, developed, and manufactured equipment in procurement. This initiative underscores the nation’s focus on strengthening domestic innovation and production capabilities
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Indian Defence Market
India’s defense market is projected to present an opportunity worth USD 90–100 billion over the next 5–6 years, with the industry expected to grow at an annual rate of 13% from FY24 to FY30. This growth will be driven by advancements in embedded hardware and software, supported by extensive domestic expertise and innovation.
About Apollo Micro System
Apollo provide comprehensive end-to-end design, assembly, and testing services, backed by a skilled team of engineers showcasing exceptional design and engineering expertise. APMS offerings include full Product Lifecycle Support, along with specialized Engineering Services such as Build-to-Specifications (BTS) and Build-to-Print (BTP) solutions.
Apollo is GOI approved vendor and works in specializes category for the Aerospace and Defence sector for DRDO and other PSUs.
Apollo Micro system offers services to Bharat Electronics Limited in the areas of Electronics Manufacturing Facilities and Mechanical Precision and Mechanical Facilities.
Apollo Micro System Order Book
Company’s order book is strong highlights significant demand, positioning the company for sustained growth and stability. APMS have strengthened customer reliance on its services, establishing themselves as a preferred supplier in the defense ESDM sector.
Core Specialty
Apollo Micro Systems provide custom-built COTS (Commercially Off-The-Shelf) solutions tailored to the specific needs of defense and space customers. These systems undergo rigorous approval processes, including design, prototyping, functional acceptance, manufacturing, and qualification testing. Exclusively developed for specific programs, these systems hold proprietary status, ensuring a competitive edge with no direct competition.
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Company Financial
The company’s total income is growing substantially, with expenditures also rising proportionately. However, the increase in PAT is notably higher than in previous years, reflecting strong financial performance and effective cost management.
Shareholder Pattern in Sep
PROMOTERS :55.12% in June was 55.12% , Sep -Promoters pledged:25.2 %, ,June Promoters Pledged was 17.2%
FII:.19% in June was 7.42 %
DII: .87 % in June was 0.0%
PUBLIC : 43.82% in June was 37.46 %
OTHERS:0.0 % in June 0.0 %
Disclaimer
The information provided on this website is for educational and informational purposes only and should not be considered as financial, investment, or trading advice. All content, including stock analyses, market data, and opinions, is based on publicly available information believed to be accurate at the time of publication.
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