Big Win for Defence Stock! Declared Lowest Bidder for Rs 392.7 Mn Defense Orders

A major milestone for Apollo Micro Systems Limited was reached on Thursday when the company revealed that it had been selected as the lowest bidder for several defence contracts. The company received the lowest bid status from the Defence Public Sector Undertakings (DPSUs) for orders for Rs 349.7 million and the Defence Research and Development Organisation (DRDO) for projects totalling Rs 43 million, for a total of Rs 392.7 million.

The company's technological capabilities in advanced defence systems were further strengthened with the approval of the Transfer of Technology (ToT) for the Mechatronic Fuze for Grenade from DRDO. These developments highlight Apollo Micro Systems' increasing presence in India's defence manufacturing sector and reaffirm its dedication to innovation and strategic cooperation with defence agencies.

With a standalone revenue from operations of Rs 225.26 crore for the period ending September 30, 2025, the firm recently released its Q2 business report. Apollo Micro Systems Limited had a strong second quarter (Q2) of FY2025-26. This represents a staggering 40.18% YoY growth in revenue over Rs 160.70 crore in the same quarter last year, indicating the company's continued development trajectory. From Rs 52.06 crore in Q2 FY2022-23 to Rs 225.26 crore in Q2 FY2025-26, Apollo Micro Systems has continuously increased its revenue over the past three years, demonstrating its sustained operational excellence.

Apollo Micro Systems Ltd. (AMS) is an Indian firm with headquarters in Hyderabad that specializes in designing, developing, and producing distinctive electronic and electromechanical systems for the aerospace and defense industry. Among its clients are government-controlled public sector undertakings (PSUs), private companies, and organizations such as the Indian Space Research Organization (ISRO) and the Defence Research and Development Organization (DRDO). The company is a major player in India's defense, space, and homeland security sectors. With a market valuation of more than Rs 9,790 crore as of October 16, 2025, AMS is a member of the BSE SmallCap index.