Apollo Micro Systems Limited

Apollo Micro Systems Limited

APOLLONSE / BSEIndustrialsSmall Cap

₹398.85-₹23.55 (-5.6%)

Last close · Data as of Oct 30, 2026

Market cap
₹8,888 Cr
P/E
104.0x
EV / EBITDA
103.9x
Revenue
₹562 Cr
Net margin
8.6%
ROCE
11.6%

+41.8% over the last year

Apollo Micro Systems Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-1.0%
3M
+5.8%
6M
+34.0%
1Y
+41.8%
5Y
+3,221.0%

52-week range

Day change -₹23.55 (-5.6%) from ₹422 to ₹399 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in APOLLO, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year net profit CAGR of 18.0%

Concerns1

  • Low return on equity of 6.2%

Rule-based from financial data. Not advice.

About the company

Apollo Micro Systems Limited designs, develops, and assembles electronic and electromechanical solutions in India.

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Apollo Micro Systems Limited designs, develops, and assembles electronic and electromechanical solutions in India. The company offers DSP, missile hardware simulators, integrated avionics modules, generic PCM encoders and decoders, DSSS de-modulators, seeker electronics, RPF and signal processing systems, turret control and power units, missile interface units, launcher controllers, launcher interface units, tiger sharc DSP-signal processors, quad actuator controllers, fault tolerant and system relay boxes, and DSP controllers; ESM-eagle kit, embedded arss, PSU, and auxiliary controllers; and integrated payload checkout systems, satellite data simulators, high speed frame synchronizers, time code readers/generators, bit synchronizers, monopulse tracking receivers, PCIE-HSDR, PCM-two channel decommutators, PCIe based two channel data acquisition cards, and PCI-X based two channel serial data acquisition cards. It also provides avionics and transportation solutions; public address display systems, warning systems, vehicle tracking solutions and command control solutions, minemaster, weight-in-motion systems, tyre care, passenger information systems, and station announcement systems; ethernet, base band modules, converters, USB/Ethernet protocol converters, dual data bus couplers, data bus solutions, and various formulas; and solar smart street lighting, CCTV surveillance, vehicle tracking, boom barrier, RFID fleet management, UAV detecting and jamming, GSM interception, Wi-Fi and lawful interception, and portable x-ray inspection systems, as well as passenger information displays, wall radar, reactive convoy and stationary jammers, and portable and stationary bomb jammers. In addition, the company offers electronic manufacturing, hardware design, IT and software, and electronic and mechanical CAD services. Apollo Micro Systems Limited was incorporated in 1985 and is based in Hyderabad, India.

Sector
Industrials
Shares outstanding
35.7 Cr shares
ISIN
INE713T01028
BSE code
540879

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹8,888 Cr
P/E
104.0x
P/B
7.7x
EV / EBITDA
103.9x
EV / Sales
24.0x
P/S
23.9x
Earnings yield
1.0%
52-week high
₹449.90
52-week low
₹182.20

Profitability

Operating margin
22.6%
Net margin
8.6%
EBITDA margin
23.1%
ROE
6.2%
ROCE
11.6%
ROA
3.4%
Dividend payout
4.0%
Tax rate
29.0%
Other income, % of PBT
4.4%

Growth

Revenue
₹562 Cr
Revenue growth, 1Y
51.1%
Revenue CAGR, 5Y
8.6%
EBITDA
₹86.0 Cr
EBITDA growth, 1Y
38.7%
Net profit growth, 1Y
78.1%
Net profit CAGR, 5Y
18.0%
Cash from operations
-₹78.0 Cr
CFO growth, 1Y
387.5%
Free cash flow
₹0 Cr
Asset growth, 1Y
38.0%

Solvency and efficiency

Current ratio
3.45
Debt / Equity
0.40
Debt / Assets
0.22
Debt / EBITDA
2.42
Interest coverage
2.80
Financial leverage
1.84
CFO / Net profit
-2.44
Cash / Market cap
8.8%
Cash per share
₹22.02
Asset turnover
0.39
Fixed asset turnover
2.58
Capital intensity
0.39
Debtor days
231 days
Inventory turnover
0.60
Cash conversion cycle
605 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹10 was left as net profit.

Apollo Micro Systems Limited income statement flow, FY2025
Apollo Micro Systems Limited income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹432 Cr
SalesOperating profit₹130 Cr
Operating profitInterest₹34 Cr
Operating profitDepreciation₹15 Cr
Operating profitProfit before tax₹81 Cr
Other incomeProfit before tax₹3 Cr
Profit before taxTax and other₹27 Cr
Profit before taxNet profit₹57 Cr

Revenue and net profit

Revenue grew 51.1% in FY2025; net profit is the dashed line.

Apollo Micro Systems Limited revenue and net profit by fiscal year
Apollo Micro Systems Limited revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹203 Cr₹10 Cr
FY2022₹243 Cr₹15 Cr
FY2023₹298 Cr₹19 Cr
FY2024₹372 Cr₹32 Cr
FY2025₹562 Cr₹57 Cr

Cash flows

FY2025: ₹12.0 Cr from operations, -₹81.0 Cr free after investment (dashed).

Apollo Micro Systems Limited operating and free cash flow by fiscal year
Apollo Micro Systems Limited operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹8 Cr-₹15 Cr
FY2022₹43 Cr₹18 Cr
FY2023-₹16 Cr-₹51 Cr
FY2024-₹78 Cr-₹137 Cr
FY2025₹12 Cr-₹81 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹562 Cr+51.1%1Y
Net profit
₹57 Cr+78.1%1Y
Cash from operations
₹12 Cr
Free cash flow
-₹81 Cr
Revenue CAGR, 5Y
8.6%
EBITDA CAGR, 5Y
11.0%
Net profit CAGR, 5Y
18.0%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹562 Cr₹130 Cr—₹57 Cr₹12 Cr-₹81 Cr9.4%+51.1%+78.1%

Monthly returns

Month-by-month returns of APOLLO across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹1,262 Cr
Equity capital₹31 Cr
Reserves₹578 Cr
Borrowings₹295 Cr
Other liabilities₹358 Cr
Assets₹1,262 Cr
Fixed assets₹181 Cr
Capital work in progress₹59 Cr
Investments₹2 Cr
Other assets₹1,021 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. Apollo Micro Systems Limited (this company)₹8,888 Cr
  2. Esab India Ltd.₹8,659 Cr

P/E against peers

APOLLO trades at 104.0x earnings against a peer median of 38.3x (a 172% premium).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
Apollo Micro Systems LimitedAPOLLOthis companyP/E ↑ premium₹8,888 Cr104.0x7.7x6.2%103.9x
G R Infraprojects LimitedGRINFRA₹9,104 Cr10.6x1.1x27.5%3.2x
Vesuvius India Ltd.VESUVIUS₹9,019 Cr37.0x5.9x——
Elecon Engineering Co.Ltd.ELECON₹8,982 Cr24.1x4.7x22.5%19.5x
ramkrishna forgings Ltd.RKFORGE₹8,975 Cr36.6x2.9x10.5%12.4x
Time Technoplast LimitedTIMETECHNO₹8,899 Cr46.6x4.2x9.0%24.3x
Shakti Pumps (India) Ltd.SHAKTIPUMP₹8,888 Cr22.6x5.9x17.3%45.0x
Gujarat Pipavav Port LimitedGPPL₹8,872 Cr20.6x4.1x——
Esab India Ltd.ESABINDIA₹8,659 Cr47.1x20.8x——
Peer median—38.3x5.2x15.2%25.8x

Year-to-date ROI

APOLLO since 1 January, against earlier years.

Historical volatility

APOLLO's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

Apollo Micro Systems Limited operating margin by fiscal year
Apollo Micro Systems Limited operating margin by fiscal year
DateOperating margin
FY202119.0%
FY202219.0%
FY202322.0%
FY202423.0%
FY202523.0%
LineFY2025
RevenueSales₹562 Cr
Costs
Interest₹34 Cr
Expenses₹432 Cr
Profit before tax₹84 Cr

Learn while you research

Academy chapters picked for Apollo Micro Systems Limited and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 104.0, learn when high multiples are justified.6 min read
  4. 04 Growth Investing51% revenue growth is in the top tier, learn how to value growth.7 min read
  5. 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  6. 06 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
Browse the full Equiscale Academy →