Apollo Micro Systems Share Price in Focus; Subsidiary Secures Industrial Licence to Manufacture 50 MTPA HMX and 500 MTPA TNT

Apollo Micro Systems Limited (AMS) has announced a key regulatory development involving its step-down subsidiary, IDL Explosives Limited, strengthening its presence in the defence and industrial explosives segment. 

Grant of Industrial Licence 

IDL Explosives Limited has received an Industrial Licence under the IDR Act, 1951, authorising the manufacture of Cyclotetramethylenetetranitramine (HMX) and Trinitrotoluene (TNT).  

The approved capacities stand at 50 MTPA for HMX and 500 MTPA for TNT. The licence, valid for 15 years from the date of issuance, covers manufacturing facilities located in Rourkela, Odisha, across specified plots in San Sunaparbat.  

This approval enables the subsidiary to cater to both industrial and defence-related explosive requirements. 

Management Commentary and Strategic Significance 

Commenting on the development, Mr. Karunakar Reddy, Managing Director of Apollo Micro Systems Limited, stated: “I am pleased to announce that IDL Explosives Limited, our step-down subsidiary, has been granted the Industrial License to manufacture HMX and Trinitrotoluene (TNT). This represents a significant strategic milestone for Apollo Micro Systems, allowing us to meet the needs of both industrial and defence explosives.” 
It strengthens our ability to meet captive requirements for high-energy defence explosives while creating opportunities to serve growing demand in both domestic and international markets for industrial and defence explosives. 
This milestone marks a timely and strategic entry into specialised defence explosives, positioning the IDL Explosives as a domestic supplier of high-energy materials, supporting India’s Atmanirbhar Bharat initiative, and creating potential opportunities in the export market.” 

Read More: Apollo Micro Systems Share Price in Focus on Securing 15-Year Defence License for Manufacturing! 

Apollo Micro Share Price Performance  

As of December 19, 2025, at 9:35 AM, Apollo Micro share price is trading at ₹230.50 per share, reflecting a surge of 1.7% from the previous closing price. Over the past month, the stock has declined by 17.50%. The stock's 52-week high stands at ₹231 per share, while its low is ₹227.30 per share. 

Conclusion  

The industrial licence marks a strategic milestone for Apollo Micro Systems, enabling entry into specialised defence explosives. It enhances self-reliance, supports domestic and export demand, and validates the group’s technical expertise, safety standards, and long-term growth ambitions in the defence manufacturing ecosystem. 

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