APOLLOCapital Goods

Apollo Micro Systems Limited

Aerospace & Defense · ISIN INE713T01028 · BSE 540879 · NSE EQ · FV ₹1
Last price
₹378
+2.13%today
What this company does

Apollo Micro Systems Limited operates in Aerospace & Defense, part of the Capital Goods sector. It booked ₹251 cr of revenue in its latest quarter (Q1 FY27) and kept 10.7% of sales as profit.

Their stated mission

is to craft bespoke solutions that align with the unique requirements of our diverse global knowledge clientele.

In the report:
36out of 100
Equitytale Health Score
Strained

Healthier than 36% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 16–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns35

How much profit it earns on the money it employs

Balance sheet21

How much it owes, and whether earnings cover the interest

Cash quality12

Whether reported profit actually arrives as cash

Growth & consistency94

Whether sales and profit have grown, and how steadily

Valuation15

What today's price implies, against our models or its peers

Governance & risk51

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 88% vs last year
Profit up 45% vs last year
Promoters hold 50%
Watch-outs
! 30.5% of promoter stake pledged
! Operating cash flow is negative

What if I invest in APOLLO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹378 +2.13%
latest close · 2026-09-17
52-wk low ₹36142 sessions so far52-wk high ₹428
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio126.1High
LowAverageHigh
P/B ratio10.70High
Below bookModerateHigh
EV / EBITDA64.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.2%Fair
WeakFairStrong ▸15%
Return on capital13.0%Fair
WeakFairStrong
Net margin10.7%Decent
ThinDecentStrong
EBITDA margin22.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.41Comfortable
LowModerateHigh ▸1
Interest cover4.5×Okay
RiskyOkayStrong ▸5×
Current ratio1.90Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹14,056 cr
Book value
₹35
EPS
₹0.75
latest quarter
Net debt
₹443 cr
owes more than its cash
Enterprise value
₹14,499 cr
EBITDA
₹224 cr
annualised
EBIT
₹194 cr
annualised
Operating margin
19.3%
Return on assets
4.5%
Earnings yield
0.79%
P/S
13.98
Sales / share
₹27.0
Tax rate
33.1%
Face value
₹1
Shares
37.2 cr
Working capital
₹791 cr
Current assets
₹1,666 cr
Current liabilities
₹874 cr
Delivery %
31.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹9₹16, midpoint ₹12

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹251 cr
Other Income₹2 cr
Total Income₹254 cr
Cost of Materials₹196 cr
Purchases of Stock-in-Trade₹1 cr
Inventory Change (±)₹-28 cr
Employee Benefit Expense₹14 cr
Finance Costs₹11 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹14 cr
Total Expenses₹216 cr
Profit before Tax₹38 cr
Tax Expense₹12 cr
Net Profit₹25 cr
Net margin on total income9.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹170 cr66.9%
Employee benefit expense₹14 cr5.5%
Finance costs₹11 cr4.2%
Depreciation & amortisation₹8 cr3.0%
Other expenses₹14 cr5.6%
Tax expense₹12 cr4.9%
Profit for the period₹25 cr9.9%
Total income ₹254 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue252 cr293 cr251 cr
Total income253 cr296 cr254 cr
Expenses222 cr242 cr216 cr
Profit before tax32 cr55 cr38 cr
Tax9 cr18 cr12 cr
Net profit (owners' share)26 cr38 cr27 cr
Net margin (owners' share, on revenue)10.2%12.9%10.7%
EPS (₹)0.691.090.75
YoY (latest quarter): total income +88.6% · net profit +45.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,369 cr
Shareholder equity
₹1,313 cr
parent shareholders
Total debt
₹532 cr
Cash
₹90 cr
Cash flow · H1 FY26
Operating
₹-190 cr
Investing
₹-257 cr
Financing
₹424 cr
Peer comparison
Aerospace & Defense · by market value
CompanyPriceMarket capP/E
Hindustan Aeronautics Limited₹4,788₹3.20 L cr50.4
Bharat Electronics Limited₹395₹2.89 L cr68.7
Centum Electronics Limited₹4,343₹60,214 cr142.7
Bharat Dynamics Limited₹1,152₹42,224 cr88.9
Garden Reach Shipbuilders & Engineers Limited₹2,340₹26,803 cr38.8
Data Patterns (India) Limited₹4,411₹24,702 cr279.9
AXISCADES Technologies Limited₹1,852₹16,469 cr
Aequs Limited₹229₹15,380 cr
Astra Microwave Products Limited₹1,608₹15,265 cr309.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.25
ex 8 Sep 2025
ActionDetailEx-date
Dividend₹0.25 / share8 Sep 2025
Dividend₹0.05 / share20 Sep 2024
Dividend₹0.03 / share22 Sep 2023
Stock splitStock Split From Rs.10/- to Rs.1/-4 May 2023
Dividend₹0.25 / share8 Sep 2022
Dividend₹0.25 / share16 Sep 2021
Who owns it · 2026-06-30
30.5% pledged
Promoter
50.0%
FII / Foreign
7.6%
DII / Domestic
1.7%
Retail / others
40.7%
Promoter stake down 5.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSudarshan Chiluveru · Key Managerial Personnel2.00 L · ₹2.3 cr2 Dec 25
BoughtAddepalli Krishna Sai Kumar · Director5.00 L · ₹5.7 cr26 Nov 25
BoughtSUDARSHAN CHILUVERU · Key Managerial Personnel2.00 L · ₹2.3 cr22 Sep 25
Bulk / block deals
short · NSE5115 Sep 26
short · NSE2,5009 Sep 26
short · NSE1008 Sep 26
Stake changes
BoughtBaddam Chanakya Reddy · promoter→ 2.37% · 84.01 L26 Nov 25
BoughtBaddam Kanishka Reddy · promoter→ 2.37% · 22.86 L26 Nov 25
BoughtBaddam Karunakar Reddy · promoter→ 49.57% · 1.65 cr3 May 24
Promoter pledges
PledgedChhatisgarh Investments Ltd11.03 L · 0.00% held27 Jan 23
PledgedSudarshan Chiluveru8.00 L · 0.00% held8 Sep 20
ReleasedMr. Y V Prasad10.00 L · 4.82% held31 Mar 18
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 6 Dec 2025
See the official result
1
To consider and approve material Related Party Transactions
Promoters had a personal stake in this
Backed by 48% of shareholders other than promotersneeded 50%
50.60 L votes for, 55.55 L against · 100% of mutual funds and other big investors said no
2
To consider and approve giving loan or guarantee or providing security in connection with the loan availed by IDL Explosives Limited (probable Step Down Subsidiary), pursuant to Section 185 of the Companies Act, 2013
Backed by 67% of shareholders other than promotersneeded 50%
86.06 L votes for, 41.80 L against · 72% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 50.0% between them · as of 2026-06-30
KARUNAKAR REDDY BADDAM45.46%
BADDAM CHANAKYA REDDY2.26%
BADDAM KANISHKA REDDY2.26%
SRILAKSHMI REDDY VANGETIno shares
Business done with them
FY2025 · 1 of the group
The company paid ₹2 cr to companies in the promoter group last year — about 0.3% of its ₹562 cr revenue.
Karunakar Reddy Baddam
Paid them for services · Remuneration to Managing Director, Whole-time Directors and/or Manager
also owns 45.46% of the company
₹2 cr
company paid
Karunakar Reddy Baddam
Leases As Lessor · Remuneration to Managing Director, Whole-time Directors and/or Manager
also owns 45.46% of the company
₹8.4 L
company received

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹24 cr raised in Jun 2026 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. ACUITE RATINGS AND RESEARCH watches the spending on the exchange’s behalf.

₹100 cr raised in Jun 2026 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. Acuite Ratings & Research watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.