Defence stock-Apollo Micro Systems, receives an industrial explosives and manufacturing license from DPIIT
DSIJ Intelligence-1 / 02 Dec 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 900 per cent in just 3 years and a whopping 2,250 per cent in 5 years.
Apollo Micro Systems Limited (AMSL) has been granted a significant Industrial Explosives and Manufacturing License by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, as per the requirements of the Industries (Development and Regulation) Act, 1951. This crucial license, valid for 15 years, authorises AMSL to manufacture a range of high-tech Defence items at its facility in Hyderabad, Telangana. The approved categories include Defence Aircraft for Unmanned Helicopters (specifically Unmanned Aerial Systems - UAS), as well as Allied Defence Equipment covering Inertial Navigation Systems (INS) and Radar Equipments. This approval is a prerequisite for the company's existing and upcoming manufacturing opportunities with the Ministry of Defence (MoD), significantly positioning AMSL in the rapidly growing indigenous defence sector.
The grant of this license paves the way for AMSL to accelerate its current defence projects. For UAS, the company is developing multiple platforms, including Logistics/delivery and offensive/attack-class unmanned systems, with field trials anticipated within the next two quarters. The license also supports the development of advanced Inertial Navigation Systems (INS), with a product portfolio that includes MEMS-based, Fiber Optic Gyro (FOG) based, and Ring Laser Gyro (RLG) based solutions. Furthermore, AMSL is now authorised to manufacture complete Radar Equipment, encompassing all associated and allied subsystems like signal processing units, antennas, and transmit–receive modules. These developments, which are being fast-tracked through collaborations with domestic and international partners, highlight AMSL's commitment to building a comprehensive and modern defence technology base in India.
About the Company
Apollo Micro Systems Limited, a 40-year-old pioneer in defence technology, specialises in the design, development, and manufacture of advanced electronic, electro-mechanical, and engineering systems. With multi-domain, multidisciplinary capabilities and robust infrastructure, the company is equipped to build cutting-edge defence technologies and produce them at scale for national strategic needs
Apollo Micro Systems Limited (APOLLO) announced its Q2FY26 standalone and consolidated results, showing exceptional momentum. The company delivered a historic high quarterly Revenue, surging 40 per cent YoY to Rs 225.26 crore, up from Rs 160.71 crore in Q2FY25, driven by robust order execution. Operational excellence was clear as EBITDA grew 80 per cent to Rs 59.19 crore, with the margin expanding by 600 basis points to 26 per cent. This translated strongly to the bottom line, with Profit After Tax (PAT) soaring 91 per cent YoY to Rs 30.03 crore, and the PAT margin improving to 13.3 per cent. These results underscore the company’s strategic focus and its strengthened position in the defence ecosystem, bolstered by investments in indigenous technologies and alignment with national priorities like Atmanirbhar Bharat.
Beyond the financial achievements, Apollo Micro Systems marked a significant step toward becoming a fully integrated Tier-1 defence OEM with the acquisition of IDL Explosives Ltd. This move expands both manufacturing capabilities and the solutions portfolio across India's defence supply chain. Looking ahead, the company forecasts strong organic growth, expecting core business revenue to grow at a CAGR of 45 per cent to 50 per cent over the next two years. Recent geopolitical events have further accelerated demand for their indigenous defence solutions, with several systems successfully tested. Apollo Micro Systems remains focused on innovation, precision delivery, and strategic partnerships, actively shaping India’s self-reliant and technologically advanced defence infrastructure.
The company is part of the BSE Small-Cap Index, with a market cap of over Rs 9,000 crore. The stock gave multibagger returns of 900 per cent in just 3 years and a whopping 2,250 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.