Apollo Micro Systems Ltd Share Price – NSE  / BSE

Aerospace & Defence, Small Cap

The licence, granted by the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry, allows the company to manufacture a wide range of high-value systems. These include missiles, anti-tank guided missiles, torpedoes, aerial bombs and loitering munitions.

The approval has lifetime validity and marks a significant shift in the company?s business model. Apollo Micro Systems will now move from being a provider of embedded systems and subsystems to an end-to-end platform manufacturer of complete weapon systems.

Manufacturing and testing will be carried out at the company?s facilities in Hyderabad. The development is expected to strengthen its positioning in India?s defence ecosystem and support its long-term growth strategy.

Apollo Micro Systems is a defence technology firm engaged in the design, development and manufacturing of electronic systems and subsystems for the defence sector.

On a consolidated basis, the company?s net profit surged 40.64% to Rs 25.68 crore on a 70% jump in net sales to Rs 252.22 crore in Q3 FY26 over Q3 FY25.

Apollo Micro Systems has been granted a License by the Government of India, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade (DPIIT), for the manufacture of ammunitions.

The License authorises Apollo Micro Systems to manufacture, assemble, integrate, and proof-test the following high-value strategic weapon systems and munitions. For the following category and system the License has been granted:

1. Arms of Caliber Above 12.7mm (Category I) - Manufacturing of Missiles, Anti-Tank Guided Missiles (ATGMs), Torpedoes, Underwater Mines, Safety Arming Mechanism, Chaffs, Flares and Decoys.

2. Arms of Caliber Above 12.7mm (Category II) - Manufacturing of Aerial Bombs, Rockets, Loitering Munition.

The company announced it is the only Indian firm to have developed this product for the Indian Navy, marking a significant milestone.

The development positions Apollo Micro Systems as a provider of a complete spectrum of underwater mines, including shallow-water, deep-water, and limpet mine categories, strengthening its capabilities in underwater electronic warfare systems.

Apollo Micro Systems, a pioneer in defence technology, specializes in the design, development, and manufacture of advanced electronic, electromechanical, and engineering systems.

On a consolidated basis, the company?s net profit surged 40.64% to Rs 25.68 crore on a 70% jump in net sales to Rs 252.22 crore in Q3 FY26 over Q3 FY25.

Apollo Micro Systems has successfully completed blast trials for Limpet mines. These Limpet Mines are diver carried mines used in Naval Defence.

We are the only Indian Company who has successfully developed this product for Indian Navy. This is a remarkable milestone for the company positioning it to be a provider of complete spectrum of underwater Mines right from Shallow waters, Deep Waters and Limpet Mine Categories building its strengths in underwater Electronic Warfare systems, said the company.