Apollo Micro Systems Ltd
NSE: APOLLO BSE: 540879
Apollo Micro Systems Ltd is a pioneer in design, development, assembly and testing of electronic and electro mechanical solutions.[1]
₹289
52W: ₹133 — ₹355
PE 106 · Book ₹30.3 · +854% vs bookMarket Cap₹10,320 Cr
Stock P/E106Price to Earnings
ROCE14.5%Return on Capital
ROE10.2%Return on Equity
Div. Yield0.08%Face Value ₹1
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 32.7% CAGR over last 5 years
- +Company's median sales growth is 21.0% of last 10 years
Weaknesses
- −Stock is trading at 9.55 times its book value
- −Company has a low return on equity of 8.10% over last 3 years.
- −Promoters have pledged 39.9% of their holding.
- −Company has high debtors of 155 days.
- −Promoter holding has decreased over last 3 years: -7.12%
Shareholding Pattern
Promoters51.98%
FIIs3.63%
DIIs1.82%
Public42.58%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 55.12% | 55.12% | 55.12% | 55.12% | 50.65%▼4.5 | 50.33%▼0.3 | 51.98%▲1.6 | 51.98% |
| FIIs | 7.42% | 0.19%▼7.2 | 0.74%▲0.6 | 0.93%▲0.2 | 7.16%▲6.2 | 8.94%▲1.8 | 4.97%▼4.0 | 3.63%▼1.3 |
| DIIs | 0% | 0.87%▲0.9 | 0.87% | 0.37%▼0.5 | 1.61%▲1.2 | 1.45%▼0.2 | 1.3%▼0.1 | 1.82%▲0.5 |
| Public | 37.46% | 43.82%▲6.4 | 43.29%▼0.5 | 43.6%▲0.3 | 40.59%▼3.0 | 39.27%▼1.3 | 41.76%▲2.5 | 42.58%▲0.8 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 91 | 135 | 91 | 161 | 148 | 162 | 134 | 225 | 201 |
| Expenses | 69 | 67 | 107 | 69 | 128 | 110 | 126 | 93 | 166 | 148 |
| Operating Profit | 18 | 24 | 29 | 22 | 33 | 38 | 36 | 41 | 59 | 53 |
| OPM % | 21% | 26% | 21% | 25% | 20% | 26% | 22% | 31% | 26% | 27% |
| Net Profit | 7 | 10 | 13 | 9 | 16 | 18 | 14 | 19 | 33 | 31 |
| EPS ₹ | 0.28 | 0.36 | 0.47 | 0.28 | 0.52 | 0.6 | 0.47 | 0.58 | 0.98 | 0.86 |
AI Insights
Revenue Trend
TTM revenue at ₹721Cr, up 28.3% YoY. OPM at 26%.
Debt Position
Borrowings at ₹311Cr. Debt-to-equity ratio: 0.30x. Healthy balance sheet.
Capex Cycle
CWIP at ₹109Cr (54% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 1.82% (-1.82pp change). FIIs: 3.63% (+3.46pp change). Promoters hold 51.98%.
Margin & Efficiency
ROCE improving from 0% (Mar 2014) to 15% (Mar 2025). Working capital days: 258.
Valuation
PE 106x with 14.5% ROCE. Price is 854% above book value of ₹30.3. Dividend yield: 0.08%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - Submitted monitoring agency report for quarter ended 31 March 2026 by Acuite Ratings.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 May - Apollo Micro Systems schedules Q4FY26 and FY26 earnings conference call for 19 May 2026 at 11:00 AM.
- Board Meeting Outcome for Allotment Of Equity Shares Upon Conversion Of Warrants 12 May - Apollo Micro Systems allotted 13,000 equity shares on 12 May 2026 from warrant conversion; paid-up capital rose to 35,73,05,440.
- Board Meeting Intimation for Prior Intimation Of Board Meeting To Be Held On 18Th Day Of May 2026 11 May - Board meeting on 18 May 2026 to approve FY26 results and consider dividend; trading window opens 21 May 2026.
- Business Updates 8 May - Apollo Micro Systems received orders worth Rs 510.25 million from Defence, PSU and private customers.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse