Promoters and FIIs raised stakes in this multibagger defence stock, shares increased 4x in one year

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

PeriodPromotersFIIsDIIs
Mar 202159.10%3.86%2.22%
Mar 202259.10%1.75%0.00%
Mar 202359.10%0.12%3.59%
Jun 202359.10%0.17%3.64%
Sep 202352.67%5.27%3.31%
Dec 202353.21%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

PeriodClosingGrowthReturns on ₹10k
1M₹118.404.73%₹10,473
2M₹115.057.78%₹10,778
3M₹132.09-6.12%₹9,388
4M₹67.9882.41%₹18,241
5M₹53.88130.14%₹23,014
6M₹56.77118.43%₹21,843
7M₹55.87121.94%₹22,194
8M₹47.74159.74%₹25,974
9M₹34.65257.86%₹35,786
10M₹31.36295.41%₹39,541
11M₹27.85345.24%₹44,524
12M₹31.64291.91%₹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

MonthOpeningClosingGain/ Fall
Jan₹30.58₹31.864.19%
Feb₹30.57₹30.11-1.50%
Mar₹30.72₹27.69-9.86%
Apr₹29.07₹31.317.71%
May₹32.88₹33.903.10%
Jun₹34.08₹55.1161.71%
Jul₹52.36₹57.7010.20%
Aug₹57.67₹54.81-4.96%
Sep₹54.71₹56.733.69%
Oct₹59.43₹91.5354.01%
Nov₹98.23₹124.8727.12%
Dec₹126.00₹114.20-9.37%
Total Returns in 2023273.45%

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…

PeriodGrowthReturns on ₹10kCAGR
1Y292%₹39k291.91%
2Y881%₹98k213.21%
3Y993%₹1.09 lakh121.96%
4Y1429%₹1.53 lakh97.74%
5Y1127%₹1.23 lakh65.10%
6Y286%₹39k25.25%
MAX173%₹27k17.96%
  • 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)

YearOpenCloseGain/ Fall
2024₹119.90₹123.803.25%
2023₹30.58₹114.20273.45%
2022₹18.30₹29.1459.23%
2021₹12.36₹16.4733.25%
2020₹7.53₹12.4064.67%
2019₹12.45₹7.36-40.88%
2018₹45.41₹12.24-73.05%
Defence Stocks - Defense Stocks
Apollo Micro Systems (APS) is engaged in the design, development, assembly, and testing of electronic & electro-mechanical solutions.

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
ROCE12.1 %
ROE6.49 %
PEG Ratio94.4
EPS₹ 1.09
P/B Value8.22
Dividend Yield0.02 %
Stock P/E130
Industry PE56.5
OPM22.7 %
Quick Ratio0.74
Debt₹ 171 Cr.
Debt to equity0.40
Current liabilities₹ 312 Cr.
Current assets₹ 614 Cr.
NCAVPS₹ 16.6
Return on Assets3.31 %
Reserves₹ 404 Cr.
Cash Equivalents₹ 21.1 Cr.
Inventory₹ 381 Cr.

Apollo Micro Systems Recent Financial Result

PeriodSalesProfitOPM %
Dec 202282724%
Sep 202387721%
Dec 2023911026%

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

YearSalesProfitOPM %
Mar 20192632918%
Mar 20202461420%
Mar 20212031019%
Mar 20222431519%
Mar 20232981922%
TTM3432623%

Last 5 Years Compounded Sales and Profit Growth

PeriodSales GrowthProfit Growth
5 Years6.00%1.00%
3 Years7.00%15.00%
TTM16.00%30.00%
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