The share price of Apollo Micro Systems has seen a steep upmove in recent months. In the last six months, this defence sector stock has surged about 158%. This sharp surge in the share price of the company might have raised questions about what’s driving this sharp rally? Well, with fresh orders, strategic tie-ups, and strong earnings, let’s take a look at how much the stock has fared so far and the growth drivers.
Apollo Micro Systems: Stock performance snapshot
Apollo Micro Systems has been on an uninterrupted upward journey. In just the last 1 month, the share price of Apollo Micro Systems has surged 60%. The graph keeps getting steeper and if you check the 6-month returns, the stockdeleivered a 158% jump. On a yearly basis, investors in this counter are sitting on nearly 192% returns.
Furthermore, so far in 2025, the share price of this defence sector stock has advanced 147%. The company has a market capitalisation close to Rs 10,000 crore. The 52-week high of the company stands at Rs 321 and low is at Rs 87.99.
Apollo Micro Systems: MoU at Defence Expo lifts sentiment
One of the biggest catalysts in recent times has been the deal inked in London. The company’s step-down subsidiary, Apollo Strategic Technologies, signed a Memorandum of Understanding (MoU) with Dynamic Engineering and Design Incorporation (USA) at the DSEI London expo. The agreement involves technology transfer and co-development of rocket motors for multi-barrel rocket systems.
In an exchange filing, the company noted, “This MoU is a strategic step toward indigenising propulsion technologies for multibarrel rocket systems and enhancing self-reliance in critical defence systems under the Make in India initiative.”
The announcement caught the Street’s attention and added fresh momentum to the stock.
Apollo Micro Systems: Defence approvals and new contracts in pipeline
Apartfrom this immediate trigger, Apollo Micro Systems has been expanding its role in defence projects. It has been cleared as the production agency for the Multi-Influence Ground Mine (MIGM – Vighana) under DRDO’s DcPP program. The company also signed a technology transfer agreement with DRDO for an advanced warhead used in the NASM-SR Missile.
In addition, Apollo Micro Systems has been selected as the lowest bidder for defence orders worth Rs 25.12 crore.
Apollo Micro Systems: Exports and order book update
Apollo Micro Systems has also turned its attention to overseas markets. The company secured its first export order worth $13.4 million (Rs 114 crore) earlier this year. Back home, its order book has expanded from about Rs 500 crore in 2024 to Rs 735 crore by June 2025
Apollo Micro Systems: Q1 snapshot
The company’s recent financials also added fuel to the rally. Its Q1FY26 revenue rose 46% year-on-year to Rs 133.6 crore, while EBITDA jumped 83% YoY to Rs 40.9 crore. The Q1 Profit after tax more than doubled to Rs 17.7 crore, with margins improving to 13% from 9%.