Apollo Micro Systems Share Price in Focus as it Bags ₹25.12 Crore Orders from DRDO and Defence PSUs

Apollo Micro Systems Ltd has announced that it has been declared the lowest bidder for orders worth ₹25.12 crore, as per an exchange filing. The bids were placed with the Defence Research and Development Organisation (DRDO) and the defence public sector undertakings. No details were provided on the nature of the contracts or the execution timeline.

Apollo Micro Systems Q1FY26 Earnings Results

In Q1 FY26, Apollo Micro Systems posted revenue of ₹133.5 crore, compared with ₹91.2 crore in the same quarter of the previous year, an increase of 46%. Profit after tax for the quarter stood at ₹17.6 crore, more than double the ₹8.4 crore reported in Q1 FY25. The company noted that growth came from execution of its order book and transition of new systems into production.

As per news reports, the company has guided for revenue growth at a compound annual rate of 45% to 50% over the next 2 years. This estimate covers only its core operations and does not include the impact of its recent acquisition.

Acquisition of IDL Explosives

In May 2025, Apollo Micro Systems completed the purchase of a 100% stake in IDL Explosives Ltd. for ₹107 crore in an all-cash transaction. IDL, previously a subsidiary of GOCL Corporation, makes packaged and bulk explosives used in mining and infrastructure. It reported revenue of ₹623 crore in FY24.

Read more: Apollo Micro Systems Share Price Jumps After Posting Strong Q1 FY26 Results!

Apollo Micro Systems Share Price Performance

As of August 22,  2025, 11:13 AM, Apollo Micro Systems share price was trading at ₹230, a 12.07% increase from the previous closing price. 

Conclusion

Apollo Micro Systems’ latest bidder status with defence organisations, coupled with its quarterly results and expansion through acquisition, shows continuing activity in its core and allied business segments.

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