Apollo Micro Systems Secures Rs 733 Mn Orders From DRDO & Defence PSUs; Stock Price Reacts
Business
In the regular course of business, Apollo Micro Systems Limited has received sizable orders from defence and government entities as well as private sector companies. The total value of all orders that the firm has received is Rs 733.26 million.
The Defence Research & Development Organisation (DRDO) has granted contracts of Rs 150.03 million, accounting for a significant portion of the new orders. Furthermore, the most significant portion of the entire order inflow came from a Defence Public Sector Undertaking (DPSU), which placed orders totalling Rs 434.96 million. Additionally, the company got projects for Rs 8.72 million from various government agencies where it has the L1 (lowest bidder) position and received orders worth Rs 139.55 million from private enterprises.
“The orders include critical Homing systems for Heavy Weight Torpedoes, Fire Control Systems, Launchers for Strategic Missile Programmes, other Avionic LRU’s for Missile and other Platforms, Cyber Security Systems for Intelligence Department,” said Apollo Micro Systems in a statement.
High-tech, important defence systems are covered by the newly awarded contracts. These include avionic Line Replaceable Units (LRUs) for missile and other defence platforms, fire control systems, homing systems for heavyweight torpedoes, launchers for strategic missile programs, and cyber security systems for intelligence agencies. These orders’ diversity demonstrates the company’s growing capabilities in advanced defence avionics, underwater warfare systems and missile electronics.
With more than 40 years of experience in providing modern technology for national security, Apollo Micro Systems Limited (AMS) is a trailblazing Indian defence corporation. In the Land, Air, Sea, and Space domains, the company is essential to the domestic research and manufacturing of mission-critical technologies. One of India’s top defence companies, the Aerospace & Defence firm actively supports the Atmanirbhar Bharat project and supports vital initiatives in the DRDO, DPSUs, and Armed Forces.
Apollo Micro Systems Ltd (APOLLO) is currently trading at Rs 212.25 on the National Stock Exchange (NSE) as of 3:05 PM IST on March 4, 2026. This is a 0.83% drop from its previous closing price of Rs 214.02. Since starting the session at Rs 209.00, the stock has fluctuated significantly, hitting an intraday high of Rs 217.47 and a low of Rs 203.28. With a high of Rs 354.70 and a low of Rs 105.30, its 52-week performance demonstrates notable volatility. Currently, the company’s market capitalization is around Rs 7,560.31 Cr.