Defence company has been declared as the lowest bidder for an order of Rs 257.89 million by the Defence Public Sector Undertaking

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Defence company has been declared as the lowest bidder for an order of Rs 257.89 million by the Defence Public Sector Undertaking

The stock gave multibagger returns of 800 per cent in just 3 years and a whopping 2,100 per cent in 5 years.

Apollo Micro Systems Limited informed that, in the ordinary course of its business, the company has been declared as the lowest bidder by the Defence Public Sector Undertaking, for orders worth Rs 257.89 million. The said order is to be executed within a period of Eighteen Months.

Earlier, the company secured significant new business through its subsidiaries, totalling approximately Rs 5,708.96 million. This includes a Rs 1,500 million contract entered into by Apollo Defence Industries Private Limited with a private firm, alongside substantial orders for IDL Explosives Limited. The latter received a Rs 4,193.96 million running contract to supply bulk explosives to Coal India Limited subsidiaries and a Rs 15 million export order for cartridge explosives.

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

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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 9,000 crore. The stock gave multibagger returns of 800 per cent in just 3 years and a whopping 2,100 per cent in 5 years.

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