Apollo Micro Systems: Apollo Micro Systems, a small-cap company in the aerospace and defense sector, made an announcement on Friday regarding securing orders worth Rs. 4.65 crores from Adani and the Defence Research and Development Organization (DRDO).
“We are also pleased to inform you that the Company has been declared the Lowest Bidder for orders worth Rs. 16.96 crores from DRDO, Public Sector Units, Indian Navy and Indian Army. We are eagerly anticipating the release of the official order copies shortly,” the company also said in a stock exchange filing.
Earlier this week, Apollo Micro Systems’ board announced the withdrawal of the preferential issue of 2,45,00,700 convertible equity warrants to its promoters and certain identifiable non-promoter entities. This decision follows the approval in July to issue the 2.45 crore warrants on a preferential basis to promoters and non-promoter businesses.
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Apollo Micro Systems operates in the aerospace and defense sector and also serves other industries, including infrastructure, transportation, and railways. The company has a market capitalization of Rs 2,715.18 crore.
On Friday, Apollo Micro Systems’ shares ended 0.75% lower at Rs 91.50 per share on the NSE, bringing its market capitalization to Rs 2,804.38 crore. The stock reached a 52-week high of Rs 147.55 on February 27, 2024, and a 52-week low of Rs 87.99 on October 23, 2024. The company has a debt-to-equity ratio of 0.41 and a relatively high price-to-earnings (PE) ratio of 58.76. Over the past year, the BSE 500 index has delivered a gain of 25.46%, while Apollo Micro Systems has underperformed with a loss of -34.01%. Over the last 5 days, the stock has fallen by -3.15%.
Apollo Micro Systems Share Price History
Apollo Micro Systems is a part of the BSE Smallcap index. According to BSE analytics, the stock has declined by 31% in the last year. However, over the past two and three years, it has delivered impressive returns of 271% and 723%, respectively. As per goodreturns, over the last five years, the company has significantly outperformed the market, generating a massive 1,149% return for its investors.
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Stock Split
The corporation had divided the face value of its shares in a 10:1 ratio back in May 2023. This indicates that ten shares of Re 1 face value were created from each stock with a face value of Rs 10.
Due to increased revenue, the company recorded a twofold increase in its consolidated profit after tax to around Rs 16 crore during the second quarter of the current fiscal year (Q2 FY2025). In the July–September quarter of the previous fiscal year, it reported a profit after tax (PAT) of Rs 6.55 crore. Its total revenue for the quarter increased from Rs 87.40 crore to Rs 161.30 crore from the previous year.
