Multibagger Defence Stock at All-Time High: Company announces major updates with Defence Research and Development Organisation (DRDO)

On Monday, one of the Top Gainers on BSE, shares of the multibagger defence company jumped 5.12 per cent to an all-time high of Rs 275.95 per share from its previous closing of Rs 242.50 per share with heavy volume. The stock also made a fresh 52-week high of Rs 275.95 per share and its 52-week low is Rs 88.10 per share. The stock is up over 200 per cent from its 52-week low of Rs 88.10 per share.

Apollo Micro Systems Ltd (AMS) announced that it has been approved as a production agency for the Multi-Influence Ground Mine (MIGM) – Vighana by the Defence Research and Development Organisation (DRDO). In addition to this significant approval, AMS has also entered into an agreement with DRDO for the Transfer of Technology (TOT) for the Omni-Directional multi-EFP warhead for the NASM-SR Missile, further expanding its role in India's defence sector.

Additionally, Apollo Micro Systems Ltd (AMS), in the ordinary course of its business, has been declared the Lowest Bidder for orders worth Rs 25.12 crore from DRDO & Defence PSU’s.

About the Company

Established in 1985, Apollo Micro Systems is at the forefront of creating, constructing, and validating crucial electronics and electromechanical solutions for sectors such as aerospace, defence and space. The company is renowned for its commitment to research and development, resulting in notable projects such as torpedo-homing systems and underwater mines.

Apollo Micro Systems started fiscal year 2026 with its strongest quarter in company history. The company reported a 46 per cent increase in revenue to Rs 133.58 crore and an 83 per cent increase in EBITDA to Rs 40.94 crore. This led to a substantial rise in profit after tax (PAT), which more than doubled to Rs 17.68 crore. This performance was driven by the smooth execution of its order book and the full-scale production of high-value systems.

A key achievement in Q1FY26 was securing its first export order, valued at USD 13.37 million (approximately Rs 113.81 crore). Looking forward, Apollo Micro Systems plans to invest Rs 100 crore in R&D to focus on high-value, high-complexity defence programs. The company aims to become a global OEM and a one-stop solution for munitions and strategic platforms, aligning with the "Atmanirbhar Bharat" and "Make in India" initiatives and leveraging a dual-engine strategy of organic and inorganic growth.

The company falls under the BSE Small-cap Index with a market cap of over Rs 9,000 crore. In June 2025, FIIs bought 2,10,22,112 shares & DIIs bought 42,40,713 shares and increased their stake to 7.16 per cent and 1.61 per cent, respectively, compared to March 2025. The stock gave multibagger returns of 400 per cent in just 2 years and a whopping 2,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.