Apollo Micro Systems Reports Q2 FY26 Results with Share Warrant Conversions and Subsidiary Acquisition

1 min read     Updated on 04 Nov 2025, 07:14 PM
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Radhika SahaniScanX News Team
Overview

Apollo Micro Systems converted 21,07,194 share warrants into equity shares at Re. 1 face value with Rs. 113 premium. The company's subsidiary, Apollo Defence Industries, paid Rs. 107.00 crores to acquire IDL Explosives Limited. The Board approved Q2 and H1 financial results on November 4, 2025. Apollo Micro Systems operates in the electromechanical components and systems segment.

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*this image is generated using AI for illustrative purposes only.

Apollo Micro Systems , a key player in the Indian technology sector, has reported its financial results for the quarter and half-year ended September 30, 2025, along with significant corporate actions.

Financial Results and Corporate Actions

Apollo Micro Systems Limited announced the conversion of 21,07,194 share warrants into equity shares at a face value of Re. 1 each with a premium of Rs. 113 per share. As of the quarter-end, 3,59,59,864 share warrants remain pending for conversion into equity shares.

The Board of Directors convened on November 4, 2025, to approve both standalone and consolidated unaudited financial results for the quarter and half-year. This meeting demonstrates the company's commitment to transparency and regulatory compliance.

Subsidiary Acquisition

In a significant move, Apollo Defence Industries, a subsidiary of Apollo Micro Systems, has paid Rs. 107.00 crores under a Share Purchase Agreement. This payment is for acquiring shares and control of IDL Explosives Limited, marking a strategic expansion for the company.

Business Segment

Apollo Micro Systems operates primarily in the electromechanical components and systems segment, along with allied components and services. This focus aligns with the company's expertise in technology and defense-related industries.

Corporate Actions Overview

Action Details
Share Warrant Conversion 21,07,194 warrants converted at Re. 1 face value + Rs. 113 premium
Pending Warrants 3,59,59,864 warrants remaining for conversion
Subsidiary Acquisition Rs. 107.00 crores paid for IDL Explosives Limited

These corporate actions, including the share warrant conversions and the strategic acquisition by its subsidiary, indicate Apollo Micro Systems' efforts towards growth and expansion. These developments, coupled with the company's performance in its core business segments, may influence the company's future financial performance.

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Apollo Micro Systems Secures Defense Orders Worth INR 392.70 Million, Gains Technology Transfer Approval

1 min read     Updated on 16 Oct 2025, 09:14 AM
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Reviewed by
Riya DeyScanX News Team
Overview

Apollo Micro Systems has been declared the lowest bidder for defense-related orders worth INR 392.70 million, split between DRDO (INR 43.00 million) and Defense PSUs (INR 349.70 million). The company also received approval for Transfer of Technology of Mechatronic Fuze for Grenade by DRDO. These developments could potentially enhance the company's order book, technological capabilities, and market position in the defense technology sector.

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*this image is generated using AI for illustrative purposes only.

Apollo Micro Systems Limited , a player in the defense technology sector, has announced significant business developments that could potentially boost its market position. The company has emerged as the lowest bidder for defense-related orders and secured approval for technology transfer, marking important milestones in its operations.

Defense Order Wins

Apollo Micro Systems has been declared the lowest bidder for defense-related orders totaling INR 392.70 million. These orders are split between two key defense entities:

Order Source Order Value (INR Million)
DRDO 43.00
Defense PSUs 349.70
Total 392.70

This achievement in securing potential orders from both the Defense Research and Development Organisation (DRDO) and Defense Public Sector Undertakings (PSUs) underscores the company's competitive edge in the defense technology market.

Technology Transfer Approval

In addition to the order wins, Apollo Micro Systems has received approval for the Transfer of Technology (ToT) of Mechatronic Fuze for Grenade by DRDO. This approval could potentially enhance the company's technological capabilities and product offerings in the defense sector.

Implications for Stakeholders

These developments are significant for Apollo Micro Systems and its stakeholders:

  1. Order Book Growth: The potential addition of INR 392.70 million worth of orders could substantially boost the company's order book.
  2. Technological Advancement: The approval for technology transfer of Mechatronic Fuze for Grenade may enable the company to expand its product portfolio and enhance its competitiveness.
  3. Market Position: Winning bids from both DRDO and Defense PSUs could strengthen Apollo Micro Systems' position in the defense technology market.

While these developments appear positive, it's important to note that being declared the lowest bidder does not guarantee the final award of contracts. The company will need to successfully navigate the subsequent processes to convert these opportunities into confirmed orders.

Apollo Micro Systems Limited has disclosed these updates to ensure transparency with its stakeholders and comply with regulatory requirements. As the situation evolves, investors and market watchers will likely keep a close eye on the company's ability to capitalize on these opportunities and translate them into tangible business growth.

Historical Stock Returns for Apollo Micro Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.13%+0.58%-17.73%+122.44%+178.32%+2,670.69%
Apollo Micro Systems
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