Apollo Micro Systems defence Orders: Apollo Micro Systems Limited has received new business orders worth ₹733.26 million, which is about ₹73.32 crore. The company shared this information in an official filing to BSE Limited and the National Stock Exchange of India. This update was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Most of these new orders are coming from organisations linked to defence and government work. According to the filing, the company will supply equipment and systems to defence research groups, government defence companies, and some private contractors who work on national security programmes.
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Apollo Micro Systems is based in Hyderabad and mainly builds electronic systems used in defence and aerospace projects.
Where are the Orders coming from?
In the exchange filing dated March 4, 2026, the company explained the sources of these new orders. The total value of the contracts is ₹733.26 million.
Breakdown of disclosed orders:
- Defence Research & Development Organisation (DRDO): ₹150.03 million
- Defence Public Sector Undertakings (DPSUs): ₹434.96 million
- Private Sector Companies: ₹139.55 million
- Other Government Departments (L1 Position): ₹8.72 million
Cumulative disclosed order value:₹733.26 million.
The company said these contracts involve different kinds of defence electronics parts and systems. These include systems used in heavy torpedoes that help guide them to their targets. The orders also include fire-control systems, launch equipment used in missile programmes, avionics LRUs that are used in aircraft systems, and cyber security tools used by intelligence departments.
The filing also explained what LRUs are. It said, “Line-Replaceable Units (LRUs) are modular avionics components designed for rapid replacement in the field, allowing aircraft or missile platforms to minimise downtime during maintenance.”
Share Price and Company Details
Even though the company shared news of the new orders, the share price did not rise much during the trading session.
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As of 2:38 PM IST on March 4, 2026, the stock price was ₹212.03. This was down by ₹1.60 which means a fall of 0.75%. The previous closing price of the stock was ₹214.02.
During the day the share opened at ₹209.00. It later touched a high of ₹217.47 and also went down to a low of ₹203.28 in the same session.
Apollo Micro Systems currently has a market capitalisation of around ₹7,580 crore. The company’s price-to-earnings ratio is about 82.9 based on available market data.
What the Company Does?
Apollo Micro Systems Limited works in the design and development of advanced electronic and electromechanical systems that are used in defence, aerospace, and homeland security projects.
The company builds many types of equipment. These include missile electronics, torpedo guidance systems, avionics units used in aircraft, weapon control electronics, and electronic warfare support systems.
Its customers include the Defence Research and Development Organisation, several defence public sector companies, and large defence contractors.
Many of the projects the company works on are part of long defence procurement cycles. Because of this structure, companies in this sector often receive smaller orders over time instead of one big contract at once.
