Defence Stock Locked in Upper Circuit after Securing Two DRDO Technology Transfers for Directed Energy Weapon Systems
DSIJ Intelligence-1Categories: Multibaggers, Trending
The stock gave multibagger returns of 870 per cent in just 3 years and a whopping 2,000 per cent in 5 years.
On Monday, shares of the multibagger Defence company hit a 5 per cent Upper Circuit to Rs 249.70 per share from its previous closing of Rs 237.85 per share. The stock has a 52-week high of Rs 354.65 per share and its 52-week low is Rs 92.50 per share. The stock is up by 156 per cent from its 52-week low of Rs 92.50 per share.
Apollo Micro Systems Limited (AMS) has achieved a significant milestone in indigenous defence manufacturing by securing two Transfer of Technology (ToT) approvals from the Defence Research & Development Organisation (DRDO). These approvals focus on the sophisticated domain of Directed Energy Weapon (DEW) systems, which utilise high-powered lasers rather than traditional kinetic impact to neutralise threats. The first technology transfer involves a Multi-Channel 10 kW Laser DEW System developed by DRDO-CHESS in Hyderabad. The second transfer focuses on an EO Tracking System equipped with specialised sensors from DRDO-IRDE in Dehradun, providing the precision necessary for advanced targeting.
These strategic acquisitions position Apollo Micro Systems to lead in the design and production of critical subsystems for modern warfare. Unlike conventional munitions, DEW systems offer rapid, high-precision strikes against diverse targets such as UAVs, missiles, and small vehicles across all warfighting environments. By integrating these DRDO-developed technologies, AMS aims to bolster India’s domestic capabilities in high-tech weaponry. This move ensures a robust support structure for the deployment of advanced laser-based defence solutions, reducing Reliance on external technology and strengthening the country's self-reliance in the defence electronics sector.
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.
The company is part of the BSE Small-Cap Index, with a market cap of over Rs 8,300 crore. The stock gave multibagger returns of 870 per cent in just 3 years and a whopping 2,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.