Apollo Micro Systems shares surged 5% to reach the day's high of ₹272.50 on Wednesday, December 31, following the announcement of fresh orders worth ₹420.89 crores. The defence-focused company's stock performance brought it close to its upper circuit limit of ₹272.70, reflecting strong investor confidence in the latest contract wins.

Major Contract Portfolio from Coal India

The company's step-down subsidiary IDL Explosives Limited has secured significant contracts through a regulatory filing under Regulation 30. The primary contract involves a running agreement for supplying bulk explosives to subsidiaries of Coal India Limited, valued at ₹419.39 crores. Additionally, IDL Explosives received an export order worth ₹1.50 crores for cartridge explosives supply.

Recent Order Momentum

The latest contract win follows another significant announcement made last week on December 26, when Apollo Micro Systems disclosed securing an order worth ₹100.25 crores from a private company for Unmanned Aerial Systems supply, with the Ministry of Defence as the end user. This demonstrates the company's consistent ability to secure substantial orders across different defence segments.

Strategic Manufacturing Expansion

Earlier this month, the company announced a strategic greenfield expansion in Telangana aimed at scaling up its defence manufacturing capabilities. The expansion involves setting up new manufacturing facilities for missile warheads, rocket motors, and artillery systems production. This project represents one of the largest expansions undertaken by the company to enhance its capacity for both domestic and international markets.

Strong Stock Performance

Apollo Micro Systems has emerged as a multibagger performer in the small-cap defence segment, delivering exceptional returns of 125% on a year-to-date basis and an impressive 2,100% over the past five years. The company's consistent order wins and strategic expansions have contributed to sustained investor interest in this aerospace and defence sector player.

Apollo Micro Systems has officially announced securing substantial orders worth ₹100.24 crores for unmanned aerial systems from a private company. According to the company's regulatory filing dated December 26, 2025, the delivery to the Ministry of Defence is expected to be completed within four months.

Order Details

The contract specifications highlight the company's continued involvement in the defence sector through unmanned aerial technology solutions. The order was received in the ordinary course of business operations.

Regulatory Compliance

The company has informed both BSE Limited and National Stock Exchange of India about this development under Regulation 30. The intimation was signed by Karunakar Reddy Baddam, Managing Director (DIN: 00790139), ensuring proper disclosure to stakeholders.

Business Impact

This order represents a significant business development for Apollo Micro Systems in the aerospace and defence sector. The four-month delivery timeline indicates the company's readiness to execute large-scale defence contracts efficiently.

The involvement of both a private firm as the immediate client and the Ministry of Defence as the end user reflects the structured procurement processes often seen in defence sector transactions. This arrangement allows private entities to facilitate defence equipment procurement while ensuring final delivery to government agencies.

Company Position

The order strengthens Apollo Micro Systems' position in the unmanned systems market segment. The company's ability to secure orders of this magnitude demonstrates its capabilities in developing and manufacturing advanced aerial systems for defence applications.