Apollo Micro Systems Gets ₹73.32 Crore Defence and Government Orders 

Apollo Micro Systems Limited reported fresh order inflows totalling ₹733.26 million (₹73.32 crore), primarily from defence and government-linked entities, according to a regulatory disclosure submitted to both BSE Limited and National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing indicates procurement commitments from defence research institutions, public-sector defence undertakings and select private contractors tied to strategic programmes.

Order Book Update From Defence And Government Entities

The Hyderabad-based electronics and defence systems supplier detailed four order sources in its exchange communication dated March 4, 2026.

Breakdown of disclosed orders:

• Defence Research & Development Organisation (DRDO): ₹150.03 million
• Defence Public Sector Undertakings (DPSUs): ₹434.96 million
• Private Sector Companies: ₹139.55 million
• Other Government Departments (L1 Position): ₹8.72 million

Cumulative disclosed order value:₹733.26 million.

The company noted that the contracts cover multiple defence electronics subsystems. These include homing systems for heavy-weight torpedoes, fire-control systems, launchers for strategic missile programmes, avionics LRUs (line-replaceable units), and cyber-security systems for intelligence departments.

What are LRUs ?

Line-Replaceable Units (LRUs) are modular avionics components designed for rapid replacement in the field, allowing aircraft or missile platforms to minimise downtime during maintenance.

Apollo Micro Systems Share Price Snapshot

Share price of Apollo Micro Systems Limited traded lower during the session so far despite the disclosure.

As of 2:38 PM IST | March 4, 2026,

• Price: ₹212.03
• Change: −₹1.60 (−0.75%)
• Previous close: ₹214.02

Apollo Micro Systems shares showed an opening price of ₹209.00, with the stock touching a session high of ₹217.47 and low of ₹203.28 so far.

The company’s market capitalisation stood near ₹7,580 crore, while the price-to-earnings ratio was around 82.9, based on available market metrics.

Company Background

Apollo Micro Systems Limited operates in the design, development and assembly of mission-critical electronic and electromechanical systems for defence, aerospace and homeland security applications.

Its product portfolio spans missile electronics, torpedo guidance systems, onboard avionics, weapon control electronics and electronic warfare support modules. The firm supplies equipment to agencies including the Defence Research and Development Organisation, various Defence Public Sector Undertakings, and prime defence integrators.

Many of its programmes are tied to long-cycle procurement pipelines within India’s strategic weapons ecosystem a structure that typically produces staggered order announcements rather than single large awards.

Conclusion

The ₹73.32 crore order disclosure adds incremental visibility to the defence electronics pipeline for Apollo Micro Systems Limited. Most of the value stems from DPSU-linked procurement, suggesting subsystem supply within larger defence programmes rather than standalone platform contracts.

Market reaction remained muted during the trading session, with the stock marginally lower despite the update. Whether these contracts translate into sustained revenue acceleration will depend on execution schedules and delivery timelines specified in underlying purchase orders details not yet publicly itemised in the exchange filing.

Source:

• https://nsearchives.nseindia.com/corporate/APOLLO_04032026115143_AMS_Business_Update_04032026.pdf
• https://www.nseindia.com/get-quote/equity/APOLLO/Apollo-Micro-Systems-Limited