Apollo Micro Systems Share Price in Focus; Secures ₹134 Crore Defence Orders from DRDO, Navy and PSUs

Apollo Micro Systems Limited and its step-down subsidiary have secured fresh orders worth ₹189.56 crore, strengthening their order book across the defence and government sectors. 

The company received contracts from DRDO, the Indian Navy, Defence PSUs, state government entities and private industries, while its step-down subsidiary, IDL Explosives Limited, also won a significant order.  

Apollo Micro Bags ₹134.35 Crore Orders 

Apollo Micro Systems said it has been awarded orders worth ₹134.35 crore (₹1343.45 Millions) in the ordinary course of business. 

The contracts have been received from DRDO, the Indian Navy, Defence PSUs, state government organisations and private industries, further strengthening the company's presence in the defence and aerospace sector.  

IDL Explosives Wins ₹55.22 Crore Contract 

The company's step-down subsidiary, IDL Explosives Limited, has secured an order worth ₹55.22 crore (₹552.20 Million). 

The project is scheduled to be executed over a 2-year period, adding to the group's overall order pipeline.  

Including the subsidiary's contract, the total value of fresh business secured by the Apollo Micro Systems group stands at ₹189.56 crore. 

Read More: CONCOR Share Price in Focus; Achieves 8.89% Growth in Q1 FY27, Handling Over 14 Lakh TEUs! 

Apollo Micro Systems Share Price Performance 

As of 15 July 2026, Apollo Micro Systems share price was trading at ₹404.95 per share, reflecting a surge of 0.23% from the previous trading session. 

Conclusion 

The latest order wins strengthen Apollo Micro Systems' order book across defence and government projects. Along with the order secured by IDL Explosives, the company has added ₹189.56 crore worth of fresh business, enhancing revenue visibility over the coming years.  

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