1,635 Per Cent Returns: Multibagger Defence Stock; Company Revised Details for Preferential Issue in EGM Notice
The stock gave multibagger returns of 1,040 per cent in just 3 years and a whopping 1,635 per cent in 5 years.
On Wednesday, shares of Apollo Micro Systems Ltd plunged 1.61 per cent to Rs 131 per share from its previous closing of Rs 133.15 per share. The stock’s 52-week high is Rs 157 per share and its 52-week low is Rs 88.10 per share.
Established in 1985, Apollo Micro Systems is at the forefront of creating, constructing, and validating crucial electronics and electromechanical solutions for sectors such as aerospace, defence, and space. The company is renowned for its commitment to research and development, resulting in notable projects such as torpedo-homing systems and underwater mines. =
According to Quarterly Results, net sales increased by 62.5 per cent to Rs 148.39 crore and profit after tax (PAT) increased by 83.1 per cent to Rs 18.24 crore in Q3FY25 compared to Q3FY24 while in its nine-month results, the net sales increased by 69.5 per cent to Rs 400.30 crore and profit after tax (PAT) increased by 133.2 per cent to Rs 42.40 crore in 9MFY25 compared to 9MFY24. In its annual results, the net sales increased by 24.91 per cent to Rs 371.63 crore and profit after tax (PAT) increased by 66.01 per cent to Rs 31.11 crore in FY24 compared to FY23.
Apollo Micro Systems Limited is issuing this intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015, to inform stakeholders of changes to their Notice of the Extraordinary General Meeting dated 09th January, 2025, and the related Corrigendum dated 28th January, 2025; specifically, on page number 20, point (iii), it is clarified that for Convertible Equity Warrants, 25 per cent of the issue proceeds will be received upon allotment, and the remaining 75 per cent within 06 months, with the entire Issue Proceeds to be utilized within 9 months as per Chapter V of the SEBI ICDR Regulations; additionally, on page number 3, point (2) of the corrigendum, the words “and Private Sector” have been deleted; furthermore, under point (x), the pre-issue shareholding of Anshu Bhargava is 105,000 shares (0.034 per cent), with an allotment of 5,25,000 Equity Shares resulting in a post-issue holding of 6,30,000 shares (0.168 per cent), and the pre-issue shareholding of Vasudeva Rao Dhanekula is 25,000 shares (0.008 per cent), with an allotment of 1,00,000 Equity Shares resulting in a post-issue holding of 1,25,000 shares (0.033 per cent). This update is in compliance with observations from NSE dated May 13, 2025.
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Earlier, Apollo Defence Industries Pvt Ltd (ADIPL), a subsidiary of Apollo Micro Systems Ltd, is acquiring 100 per cent equity in IDL Explosives Ltd from the Hinduja Group for ₹107 crore in an all-cash deal. IDL Explosives, established in 1961 and now part of GOCL Corporation Limited, holds the distinction of being India's first-owned explosives company with 64 years of experience serving the mining and infrastructure sectors. This strategic acquisition merges the expertise of Apollo Micro Systems and IDL Explosives, creating a vertically integrated defence entity with over a century of combined experience, poised to deliver end-to-end solutions across the munitions and weapons value chain, reduce external dependencies, and expand its global market presence.
The company falls under the BSE Small-Cap Index with a market cap of over Rs 4,000 crore. In March 2025, FIIs bought 6,03,751 shares and increased their stake in AMS to 0.93 per cent from 0.74 per cent in December 2024. The stock gave multibagger returns of 1,040 per cent in just 3 years and a whopping 1,635 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.