Apollo Micro Systems Ltd
Apollo Micro Systems Ltd is a pioneer in design, development, assembly and testing of electronic and electro mechanical solutions.[1]
- Market Cap ₹ 9,277 Cr.
- Current Price ₹ 276
- High / Low ₹ 355 / 90.2
- Stock P/E 109
- Book Value ₹ 32.3
- Dividend Yield 0.09 %
- ROCE 14.5 %
- ROE 10.2 %
- Face Value ₹ 1.00
Pros
- 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 19.8% of last 10 years
Cons
- Stock is trading at 8.56 times its book value
- Company has a low return on equity of 8.10% over last 3 years.
- Promoters have pledged or encumbered 35.6% of their holding.
- Company has high debtors of 155 days.
- Promoter holding has decreased over last 3 years: -8.77%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Aerospace & Defense Aerospace & Defense
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 69 | 103 | 151 | 201 | 220 | 263 | 246 | 203 | 243 | 298 | 372 | 562 | 669 | |
| 59 | 85 | 126 | 160 | 171 | 215 | 197 | 165 | 198 | 233 | 288 | 432 | 495 | |
| Operating Profit | 10 | 18 | 25 | 41 | 49 | 48 | 49 | 39 | 46 | 64 | 84 | 130 | 174 |
| OPM % | 15% | 18% | 17% | 20% | 22% | 18% | 20% | 19% | 19% | 22% | 23% | 23% | 26% |
| 0 | 0 | 0 | 2 | 0 | 3 | 2 | 1 | 1 | -2 | 2 | 3 | 7 | |
| Interest | 3 | 5 | 8 | 11 | 12 | 13 | 15 | 16 | 17 | 22 | 30 | 34 | 39 |
| Depreciation | 0 | 4 | 3 | 4 | 6 | 6 | 10 | 9 | 9 | 10 | 11 | 15 | 17 |
| Profit before tax | 7 | 9 | 15 | 27 | 31 | 33 | 25 | 14 | 20 | 29 | 45 | 84 | 124 |
| Tax % | 27% | 21% | 33% | 36% | 38% | 11% | 45% | 29% | 28% | 35% | 29% | 32% | |
| 5 | 7 | 10 | 17 | 19 | 29 | 14 | 10 | 15 | 19 | 32 | 57 | 85 | |
| EPS in Rs | 0.39 | 0.54 | 0.73 | 1.27 | 0.92 | 1.40 | 0.67 | 0.49 | 0.70 | 0.92 | 1.12 | 1.87 | 2.63 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% | 7% | 5% | 4% | 3% | 4% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 18% |
| 3 Years: | 32% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 33% |
| 3 Years: | 58% |
| TTM: | 79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 90% |
| 3 Years: | 127% |
| 1 Year: | 181% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 21 | 21 | 21 | 21 | 21 | 21 | 28 | 31 | 34 |
| Reserves | 14 | 21 | 31 | 50 | 235 | 261 | 275 | 284 | 299 | 363 | 491 | 578 | 1,050 |
| 35 | 58 | 71 | 88 | 87 | 108 | 83 | 116 | 116 | 144 | 208 | 295 | 311 | |
| 22 | 42 | 87 | 94 | 121 | 61 | 86 | 109 | 163 | 165 | 228 | 358 | 347 | |
| Total Liabilities | 85 | 135 | 203 | 246 | 463 | 451 | 465 | 530 | 598 | 692 | 955 | 1,262 | 1,742 |
| 6 | 23 | 21 | 30 | 29 | 42 | 50 | 49 | 86 | 106 | 144 | 181 | 203 | |
| CWIP | 12 | 1 | 10 | 13 | 29 | 28 | 37 | 50 | 25 | 25 | 24 | 59 | 109 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 |
| 67 | 110 | 172 | 203 | 406 | 380 | 378 | 430 | 487 | 561 | 786 | 1,021 | 1,427 | |
| Total Assets | 85 | 135 | 203 | 246 | 463 | 451 | 465 | 530 | 598 | 692 | 955 | 1,262 | 1,742 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4 | 4 | 14 | -42 | -73 | 47 | 8 | 43 | -16 | -78 | 12 | ||
| -10 | -10 | -17 | -109 | 64 | -19 | -23 | -25 | -35 | -59 | -93 | ||
| 16 | 9 | -11 | 152 | 10 | -36 | 15 | -18 | 51 | 136 | 81 | ||
| Net Cash Flow | 1 | 3 | -14 | 0 | 1 | -8 | 0 | 0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 213 | 217 | 209 | 130 | 190 | 235 | 201 | 305 | 205 | 180 | 231 | 155 |
| Inventory Days | 155 | 204 | 228 | 275 | 391 | 317 | 421 | 546 | 597 | 594 | 612 | 552 |
| Days Payable | 124 | 161 | 225 | 164 | 212 | 68 | 115 | 189 | 258 | 195 | 239 | 257 |
| Cash Conversion Cycle | 243 | 261 | 212 | 241 | 369 | 484 | 507 | 661 | 544 | 579 | 605 | 450 |
| Working Capital Days | 101 | 113 | 83 | 52 | 176 | 271 | 312 | 374 | 314 | 320 | 349 | 258 |
| ROCE % | 19% | 22% | 28% | 18% | 12% | 10% | 8% | 9% | 11% | 12% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3h - Of Schedule of Institutional Investor meeting under the SEBI (LODR), Regulations 2015.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - Newspaper Advertisement- Notice of Postal Ballot and E-Voting
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
8 Nov - Transcript of the Earnings Conference Call held on 5th November, 2025 under regulation 30 of SEBI (LODR) Regulations, 2025
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 7 Nov
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Business Updte
7 Nov - INR 340.96M orders received: INR110.16M DRDO, INR225.71M DPSU, INR5.08M private (07 Nov 2025).
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Dec 2024TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT REC
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Nov 2018TranscriptPPT
Service Offerings[1]
AMS is a leading technology provider of high-performance, mission-critical solutions for the defence sector. The company specializes in electronic, electromechanical, and engineering design, along with the manufacturing and supply of advanced systems. It provides wide range of strategic domains, including Missile Systems, Satellite and Space Systems, Naval Systems, Avionics, and Homeland Security.
It has 700+ onboard technologies and is actively involved in 150+ indigenous programs and 60 DcPP programs as a sub-system partner. It has presence in all Missile and Naval warfare programs. [2]