Should I buy Apollo Micro Systems stock in 2025? (India Analysis)

What is Apollo Micro Systems?

How much is Apollo Micro Systems stock?

The price of Apollo Micro Systems stock is slightly down today. Currently trading at ₹140.27, the share has dipped by 0.09% over the past 24 hours but is up an impressive 9.83% for the week.

The stock’s beta of 0.69 suggests less volatility than the broader market. Investors should note that while recent momentum has been strong, the elevated valuation may contribute to periods of sharp price movement.

Our full analysis on Apollo Micro Systems stock

Having thoroughly reviewed Apollo Micro Systems' latest financial disclosures, historical price evolution, and peer comparisons, our proprietary analysis synthesises a broad spectrum of financial, technical, and market data to offer a multidimensional view of the stock’s prospects. After integrating macroeconomic signals, sectoral momentum, and recent corporate actions, we arrive at a crucial juncture for potential investors. So, why might Apollo Micro Systems once again represent a compelling strategic entry point into India’s fast-evolving defence and electronics sector as we approach 2025?

Recent Performance and Market Context

Apollo Micro Systems has demonstrated resilience and robust momentum, outpacing many competitors in both the broader technology and the defence electronics space. Over the past twelve months, the stock has gained 24.24%. This performance is even more impressive in a five-year context, registering an extraordinary +1,488.56% return, which positions the company firmly as a multi-bagger within the Indian mid-cap segment.

The recent acceleration is notable: the stock climbed over 9.8% in the past week and over 17% in the last month, marking one of its strongest short-term rallies of the past year. This surge coincides with several high-impact events:

• Strategic Acquisition: In May 2025, the full buyout of IDL Explosives Ltd. enables Apollo Micro Systems to integrate vertically into ordnance and artillery production, broadening its technological expertise and manufacturing footprint.
• Order Inflow: Multiple fresh defense contract wins have reinforced its reputation as a go-to partner in India’s evolving defence ecosystem.
• Capital Raising: The successful ₹435 crore fundraise via equity and warrants in early 2025 has provided ample liquidity for expansion, without overleveraging the balance sheet.

Critically, India’s macro environment continues to favour companies involved in indigenous defence manufacturing. The government's “Atmanirbhar Bharat” and rising defence budgets offer unprecedented tailwinds for domestic players with credible execution track records. Demand for electronics and components in aerospace and defence remains elevated, and Apollo’s specialization aligns seamlessly with these structural shifts.

Technical Analysis

The technical underpinnings of Apollo Micro Systems currently reinforce a bullish perspective:

• Moving Averages: The share price at ₹140.27 consistently trades above its 20-day (₹123.59), 50-day (₹119.88), 100-day (₹120.97), and 200-day (₹111.83) SMAs. This is a classic confirmation of not just short-term, but also intermediate and long-term uptrends.
• Momentum Indicators:
• RSI (14) at 58.73: Suggests neutral to slightly bullish momentum; not yet overbought, indicating further upside potential without immediate risk of correction.
• MACD at 2.22: Remains in bullish territory, with positive histogram divergence from signal lines.
• Stochastic RSI: Entrenched in oversold territory, potentially signalling an imminent technical rebound.
• ADX (14) at 28.80: Implies solid trend strength, a valuable confirmation for momentum investors.
• Support/Resistance: Immediate supports at ₹137.75, ₹135.24, and ₹131.86 provide comfort for tactical positioning. Overhead resistance at ₹143.64, followed by ₹147.02 and ₹149.53, define prospective breakout levels. The pivot at ₹141.13 is crucial; consolidation above this increases the probability of secondary rallies towards the analyst target price.

Taken together, these signals suggest a market structure where momentum is sustainably positive, with significant upside left before technical exhaustion sets in.

Fundamental Analysis

Apollo Micro Systems’ fundamentals continue to justify renewed interest from discerning investors looking for exposure to the intersection of technology and national security:

• Revenue and Profitability: Recent Q3 FY25 results were strong, featuring revenue of ₹148.39 crores (+62.46% YoY), operating profit of ₹37.99 crores, and net profit of ₹18.44 crores (+82.39% YoY). FY24 full-year numbers reinforce the trend, with revenue up 24.91% and net profit expanding by 66.08% YoY.
• Margins and Returns: The operating profit margin remains robust at 26%. Return on equity (ROE) at 7.49% and return on capital employed (ROCE) at 12.02% underscore operational efficiency, particularly within a capital-intensive sector.
• Balance Sheet: Debt-to-equity at 0.41 is prudent given the company’s expansion and regular order book inflows. The recent capital infusion has reduced financial risk, arming the company for future strategic plays.
• Valuation: With a P/E of 76.69 and P/B of 7.23, the company commands a premium, reflective of its multiyear growth and sector leadership. While elevated, these ratios are often justifiable in high-growth, innovation-driven segments. The consensus analyst target of ₹156 implies a further 11% upside, suggesting that current levels have not yet fully priced in forthcoming catalysts.
• Strategic Assets: The company’s portfolio, spanning embedded software, EMS, PCB fabrication, and custom electronics, grants it a defensible moat. Over 700 embedded technologies and recognized partnerships across 150+ indigenous programmes anchor Apollo as a trusted integrator for India’s defence ambitions.

Volume and Liquidity

Investor confidence is strong, as reflected in liquidity and trading patterns:

• Average Daily Volume: Trading at approximately 8.79 million shares over the last three months, Apollo Micro Systems enjoys deep liquidity, facilitating both retail and institutional participation without significant slippage.
• Market Float: With public and others holding 43.6%, there is ample free float for dynamic price discovery. While a sizable 55.12% promoter holding indicates alignment with management, the 47.97% promoter pledge is worth monitoring, although recent capital strengthening mitigates risk of adverse pledging events in the near term.

Sustained volume surges during price rallies signal broad participation and institutional accumulation, typically a bullish harbinger.

Catalysts and Positive Outlook

Multiple converging catalysts set the stage for renewed upside momentum:

• Acquisition Synergy: The integration of IDL Explosives is likely to be earnings-accretive and offers a new suite of products in high-growth defence clusters, including missiles and ordnance.
• Order Pipeline: Recent contract wins evidence not just order book expansion but enhance the company’s position as a preferred partner for key defense and aerospace projects.
• R&D and Technological Edge: Continuous investment in R&D and indigenous innovation supports differentiated offerings, particularly as defence procurement policies favour local content.
• Export Opportunity: With proven technological solutions, Apollo Micro Systems stands to benefit from India’s growing push to export defense technology to allied nations, adding diversification.
• ESG Alignment: Embracing sophisticated manufacturing and compliance standards, the company is well-positioned amidst rising regulatory focus on corporate governance and sustainability within the sector.
• Sectoral Tailwinds: Government policy, elevated defence spending, and the “Make in India” emphasis ensure that the addressable market continues expanding.

The alignment of company-level actions with powerful top-down sector growth trends gives Apollo Micro Systems a uniquely attractive risk-reward profile.

Investment Strategies

Current technicals and underlying business momentum combine to favour multiple entry strategies for investors:

• Short-Term: The stock’s proximity to key support levels (₹137.75–₹131.86) and oversold readings on certain oscillators suggest that tactical traders could find appealing risk-reward setups for snapback rallies, particularly on confirmation of support holds.
• Medium-Term: Investors looking to ride the next wave of momentum ahead of integration benefits from the IDL Explosives acquisition, or in anticipation of further contract wins, will find the ongoing consolidation zone an ideal accumulation range.
• Long-Term: For those with multi-year horizons, Apollo Micro Systems offers a rare opportunity to participate in the structural elevation of Indian defense manufacturing and electronics, both key pillars of India's economic strategy through 2030. The quality of execution, technological edge, and proven governance enhance long-term investment merit.

Positioning at current levels—especially on healthy retracements or in advance of further business integrations—seems to offer an excellent opportunity given the company’s growth context and robust sector backdrop.

Is it the Right Time to Buy Apollo Micro Systems?

In sum, Apollo Micro Systems delivers the core characteristics that many investors seek in the technology and defence segments: powerful growth, sectoral relevance, and a proactive approach to innovation and expansion. The momentum in both its business fundamentals and share price, combined with strong technical underpinnings and a visible catalyst pipeline, means the stock may be entering a new bullish phase.

While high valuation and the level of pledging warrant ongoing monitoring, the company’s strategic moves, strengthened balance sheet, and robust order book help mitigate concerns. With an 11% implied upside to the analyst target, and sector-specific forces in its favour, Apollo Micro Systems stands out as a differentiated, high-quality option for those seeking long-term exposure to India’s high-growth defense-tech story.

For investors seeking to position themselves in India’s next wave of high-growth technology leaders, Apollo Micro Systems seems to represent an excellent opportunity to capture both structural and tactical upside at an opportune moment in its trajectory.

The convergence of strong fundamentals, bullish technicals, and sectoral catalysts underscores Apollo Micro Systems as a stock worthy of renewed and serious consideration for investors eager to be part of India’s burgeoning defence and technology transformation.

How to buy Apollo Micro Systems stock in IN?

Buying Apollo Micro Systems stock online is simple, secure, and accessible for Indian retail investors through regulated brokers. You can opt for two main methods: a traditional spot (cash) purchase where you own the shares outright, or trading via Contracts for Difference (CFDs), offering leveraged exposure without actual ownership. Both options provide a regulated framework for your investment, each with unique features. To choose the solution best suited to your investment style and goals, it’s important to compare the fees, platforms, and services of leading brokers—a detailed comparison awaits further down this page.

Spot Buying

A cash or spot purchase means you’re acquiring actual Apollo Micro Systems shares, registered in your name via your broker and held in your demat account. This method is ideal for those who wish to become direct shareholders and potentially benefit from dividends and voting rights.

• Typical Fees: Indian brokers often charge a flat commission per order, usually around ₹20–₹30, with minimal additional regulatory charges.
• Example:
• Suppose the Apollo Micro Systems share price is ₹140.27. With a $1,000 investment (~₹83,000), you can buy approximately 592 shares, after accounting for a brokerage fee of about ₹400 (roughly $5).
• Gain scenario:
• If the share price rises by 10%, your shares are now worth approximately ₹91,300 ($1,100).
• Result: That’s a gross gain of +$100, or +10% on your investment.

Informations importantes

For example: With a $1,000 investment (~₹83,000) and Apollo Micro Systems share price at ₹140.27, you can purchase about 592 shares (after ₹400 brokerage). If share price rises by 10%, your holdings increase to ₹91,300 ($1,100) in value—a gross gain of $100 (+10%).

Trading via CFD

CFDs (Contracts for Difference) allow you to speculate on the price of Apollo Micro Systems shares without actually owning them. Instead, you enter an agreement with a broker to exchange the difference in the share price from opening to closing. CFDs are popular for their leverage and flexibility, but you should note the risks, too.

• Typical Fees: CFD brokers usually charge a spread (the difference between buy and sell price) and an overnight financing fee for positions held beyond a day.
• Example:
• With a $1,000 margin and 5x leverage, your exposure to Apollo Micro Systems shares becomes $5,000. If the share price rises by 8%, your gain is amplified to 40% on your invested capital.
• Result: You would realize a gross profit of +$400 on your initial $1,000 (excluding fees).

Informations importantes

For example: With $1,000 margin and 5x leverage, your exposure becomes $5,000. If shares rise 8%, your gain is 40% ($400 profit), excluding fees.

Final Advice

Before making your first investment, it’s essential to compare the full range of broker fees, commissions, and trading conditions. Choose the method—direct cash purchase or leveraged CFD trading—that best matches your risk appetite, investment goals, and time horizon. Whether you’re aiming for long-term ownership or active trading, a comprehensive broker comparison can help you make a confident and informed decision—find this comparison further down the page.

Our 7 tips for buying Apollo Micro Systems stock

The latest news about Apollo Micro Systems

Apollo Micro Systems has announced the strategic acquisition of IDL Explosives Limited for ₹107 crore in May 2025. This all-cash transaction, achieved through its wholly-owned subsidiary Apollo Defence Industries Private Limited, enables Apollo Micro Systems to diversify its defense production capabilities by incorporating explosives and expanding product offerings in artillery, missiles, and other high-impact weaponry. This move marks a significant enhancement of the company’s technological portfolio and deepens its integration into the Indian defense manufacturing value chain, directly supporting the government’s “Make in India” initiative and strengthening its market position.

The company’s robust financial results in Q3 FY2025 continue to signal strong operational momentum with 62.46% year-on-year revenue growth. For the quarter ending December 2024, Apollo Micro Systems reported revenue of ₹148.39 crores and net profit of ₹18.44 crores, an impressive 82.39% jump year-over-year. The operating profit margin held at a healthy 26%, highlighting efficient cost management and execution capabilities in large-scale defense and aerospace projects. These results reaffirm the company’s ability to drive sustained growth in India’s expanding defense sector.

Apollo Micro Systems’ shares have demonstrated outstanding short-term performance, returning nearly 10% over the last week and over 17% in the last month. Trading at ₹140.27—above all short, medium, and long-term moving averages—the stock enjoys a bullish technical setup. Technical indicators such as the MACD and ADX further confirm strong market momentum, while the current analyst consensus target suggests another 11% upside potential. This persistent outperformance reflects growing investor confidence fueled by both operational achievements and the tailwinds from government sector prioritization.

Ongoing order book growth, driven by multiple recent Indian defense contracts, underpins Apollo Micro Systems’ revenue visibility. The announcement of new contract wins in the defense sector highlights rising demand for the company’s advanced electronics and sub-systems. This strengthens Apollo’s strategic relevance as a key indigenous supplier in critical programs, providing stable forward-looking revenue streams and positioning the firm advantageously amid the government’s push for domestic sourcing in military technology.

Recent capital infusion through an equity and warrants issue in January 2025 has bolstered the company’s financial position for future expansion. Raising approximately ₹435 crore gives Apollo Micro Systems increased flexibility to pursue strategic investments, finance R&D efforts, and support working capital needs associated with burgeoning order inflows. This improved liquidity lowers near-term financial risk and enhances the group’s agility as it scales up activities across the Indian defense electronics and systems market.

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P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.