If you check records of the last few years you will know that defense stocks have given multibagger returns to their investors. One of them is Apollo Micro Systems (BOM: 540879 & NSE: APOLLO), which has given tremendous returns to its investors in recent years. However, it seems that (FIIs) still see some upside in this defense stake, hence they are increasing their stake in it.
Stakes Increased by Promoters and FIIs
Period | Promoters | FIIs | DIIs |
Mar 2021 | 59.10% | 3.86% | 2.22% |
Mar 2022 | 59.10% | 1.75% | 0.00% |
Mar 2023 | 59.10% | 0.12% | 3.59% |
Jun 2023 | 59.10% | 0.17% | 3.64% |
Sep 2023 | 52.67% | 5.27% | 3.31% |
Dec 2023 | 53.21% | 11.01% | 0.01% |
According to the shareholding pattern of Apollo Micro Systems, FIIs held only 0.17% stake in June 2023, which increased to 5.27% in September 2023. FIIs had bought a 4.89% stake in November and a .85% stake in December also. Currently, FIIs have an 11.01% stake in this multibagger stock. If we talk about Diis, then Diis had a 3.31% stake in the September quarter, which has now come down to just 0.01% in the December quarter and DIIS may have now completely exited this stock.
Apollo Micro Systems Shares Performance
Shares of Apollo Micro Systems were listed on BSE in 2018 and since its listing, it has delivered good returns overall. This stock has doubled in the last six months. In the last 1 year, this stock has shown a growth of 300% and more than 1100% in the last 5 years. You can check the tables below to know the performance in detail.
Stock Soars Around 300 Percent in 12 Months
Period | Closing | Growth | Returns on ₹10k |
1M | ₹118.40 | 4.73% | ₹10,473 |
2M | ₹115.05 | 7.78% | ₹10,778 |
3M | ₹132.09 | -6.12% | ₹9,388 |
4M | ₹67.98 | 82.41% | ₹18,241 |
5M | ₹53.88 | 130.14% | ₹23,014 |
6M | ₹56.77 | 118.43% | ₹21,843 |
7M | ₹55.87 | 121.94% | ₹22,194 |
8M | ₹47.74 | 159.74% | ₹25,974 |
9M | ₹34.65 | 257.86% | ₹35,786 |
10M | ₹31.36 | 295.41% | ₹39,541 |
11M | ₹27.85 | 345.24% | ₹44,524 |
12M | ₹31.64 | 291.91% | ₹39,191 |
Apollo Micro Systems shares doubled investors’ money in the last five months, and 4 times in ten months. The company’s overall performance over the last 12 months is also astonishing. Although this looks low compared to the returns over the last 11 months, 291.91% is not a small return either. This is impressive growth and for investors who invested ₹10,000 in it 12 months ago, its value has grown to ₹39,191 today.
More Than 270 Percent Growth in 2023
Month | Opening | Closing | Gain/ Fall |
Jan | ₹30.58 | ₹31.86 | 4.19% |
Feb | ₹30.57 | ₹30.11 | -1.50% |
Mar | ₹30.72 | ₹27.69 | -9.86% |
Apr | ₹29.07 | ₹31.31 | 7.71% |
May | ₹32.88 | ₹33.90 | 3.10% |
Jun | ₹34.08 | ₹55.11 | 61.71% |
Jul | ₹52.36 | ₹57.70 | 10.20% |
Aug | ₹57.67 | ₹54.81 | -4.96% |
Sep | ₹54.71 | ₹56.73 | 3.69% |
Oct | ₹59.43 | ₹91.53 | 54.01% |
Nov | ₹98.23 | ₹124.87 | 27.12% |
Dec | ₹126.00 | ₹114.20 | -9.37% |
Total Returns in 2023 | 273.45% |
Investors who invested in it in 2023 earned quite well returns. The share price of Apollo Micro Systems in January 2023 was ₹30.58 and on the last trading day of the year, it closed at ₹114.20 with a gain of 273.45%.
More than 1100 Percent Growth in 5 Years
In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…
Period | Growth | Returns on ₹10k | CAGR |
1Y | 292% | ₹39k | 291.91% |
2Y | 881% | ₹98k | 213.21% |
3Y | 993% | ₹1.09 lakh | 121.96% |
4Y | 1429% | ₹1.53 lakh | 97.74% |
5Y | 1127% | ₹1.23 lakh | 65.10% |
6Y | 286% | ₹39k | 25.25% |
MAX | 173% | ₹27k | 17.96% |
- If we look at the performance of the last two years, it has seen a rise of more than 881 percent.
- In the past three years, it has increased investors’ money by more than 10 times.
- For investors who had invested Rs 10,000 in it 4 years ago, the value of those ₹10 thousand shares has increased to ₹1.53 lakh today.
- The company’s stock CAGR growth in the last five years is 65.10% and 17.96% since listing.
Performance of Apollo Micro Systems since listing (Year-wise)
Year | Open | Close | Gain/ Fall |
2024 | ₹119.90 | ₹123.80 | 3.25% |
2023 | ₹30.58 | ₹114.20 | 273.45% |
2022 | ₹18.30 | ₹29.14 | 59.23% |
2021 | ₹12.36 | ₹16.47 | 33.25% |
2020 | ₹7.53 | ₹12.40 | 64.67% |
2019 | ₹12.45 | ₹7.36 | -40.88% |
2018 | ₹45.41 | ₹12.24 | -73.05% |

About the Company
Established in 1985, Apollo Micro Systems Limited (AMS) is one of the leading players in the Indian electronic and electro-mechanical engineering landscape. Specializing in the design, development, assembly, and testing of critical electronic solutions, AMS has earned recognition for its role in serving diverse industries.
The company provides a spectrum of services from electronic manufacturing to embedded software design to serve clients such as DRDO, Indian Army, Indian Navy, DPSUs, Adani and L&T. With its manufacturing facility spread over 55,000 sq. ft. in Hyderabad, AMS is in the process of expanding to a 2,50,000 sq. ft. defense electronics and electromechanical manufacturing facility.
Recent achievements include securing orders amounting to Rs. 20.76 crores from the Ministry of Defence, marking a significant milestone in the company’s trajectory.
Fundamental of Apollo Micro Systems
Market Cap | ₹ 3,515 Cr. |
Current Price | ₹ 124 |
High / Low | ₹ 162 / 24.6 |
Intrinsic Value | ₹ 24.7 |
Book Value | ₹ 15.1 |
Face Value | ₹ 1.00 |
ROCE | 12.1 % |
ROE | 6.49 % |
PEG Ratio | 94.4 |
EPS | ₹ 1.09 |
P/B Value | 8.22 |
Dividend Yield | 0.02 % |
Stock P/E | 130 |
Industry PE | 56.5 |
OPM | 22.7 % |
Quick Ratio | 0.74 |
Debt | ₹ 171 Cr. |
Debt to equity | 0.40 |
Current liabilities | ₹ 312 Cr. |
Current assets | ₹ 614 Cr. |
NCAVPS | ₹ 16.6 |
Return on Assets | 3.31 % |
Reserves | ₹ 404 Cr. |
Cash Equivalents | ₹ 21.1 Cr. |
Inventory | ₹ 381 Cr. |
Apollo Micro Systems Recent Financial Result
Period | Sales | Profit | OPM % |
Dec 2022 | 82 | 7 | 24% |
Sep 2023 | 87 | 7 | 21% |
Dec 2023 | 91 | 10 | 26% |
According to the company’s recent quarter results, its sales have grown by 4.60% and profit has grown by 42.86% QoQ, while sales have grown by 10.98% and profit has grown by 42.86% YoY.
Last 5 Years Profit & Loss Statement
Standalone Figures in Rs. Crores
Year | Sales | Profit | OPM % |
Mar 2019 | 263 | 29 | 18% |
Mar 2020 | 246 | 14 | 20% |
Mar 2021 | 203 | 10 | 19% |
Mar 2022 | 243 | 15 | 19% |
Mar 2023 | 298 | 19 | 22% |
TTM | 343 | 26 | 23% |
Last 5 Years Compounded Sales and Profit Growth
Period | Sales Growth | Profit Growth |
5 Years | 6.00% | 1.00% |
3 Years | 7.00% | 15.00% |
TTM | 16.00% | 30.00% |
Disclaimer: This article is for informational purposes only and should not be considered investment advice.