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Apollo Micro Systems Ltd (APOLLO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540879 NSE: APOLLO Defence | Small Cap | Apollo Micro Systems Share Price

₹419.35 11.65 (2.86%)

As on 04-Jun'26 16:59

Apollo Micro Systems Ltd (APOLLO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540879 NSE: APOLLO Defence | Small Cap | Apollo Micro Systems Share Price

₹419.35 11.65 (2.86%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹14,984 Cr.
Current Price
₹419.4
52-Week Low / High
₹162 / 447
TTM EPS
₹3.4
TTM Sales
₹765 Cr.
Book Value per Share
₹37
P/E Ratio
124.26
Higher than its 5-year historical median
Industry PE
44
Price to Book (P/B)
11.33
Higher than its 5-year historical median
Price to Sales (P/S)
19.59
Higher than its 5-year historical median
EV/EBITDA
66.53
Higher than its 5-year historical median
Dividend Yield
0.20%
Profitability Efficiency
Return on Equity (ROE)
10.25%
Underperforms industry median
Return on Capital Employed (ROCE)
14.52%
In line with industry median
Return on Assets (ROA)
5.16%
Operating Profit Margin
23.1%
Net Profit Margin
10.18%
Gross Profit Margin
17.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
51.24%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
54.09%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
80.74%
Asset Quality
Promoter Holding
51.98%
Pledged shares (%) of Promoter's holding (%)
39.92%
Reserves
₹1,287 Cr.
Equity
₹35.7 Cr.
Face Value
₹1
All Time Low / High
₹4.00 / 447.00

Apollo Micro Systems stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Apollo Micro Systems Ltd a good quality company?
Apollo Micro Systems Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Apollo Micro Systems Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Apollo Micro Systems Ltd vs industry peers?
Apollo Micro Systems Ltd revenue CAGR is 17.98%, compared to the industry median CAGR of 17.94%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Apollo Micro Systems Ltd?
Promoters hold 51.98% of the Apollo Micro Systems Ltd, with 39.92% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Apollo Micro Systems Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 97.61% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Apollo Micro Systems Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 21.7%28.4%17.4%12.5%10.5%7.6%8.7%10.8%12%14.5%-
Value Creation
Index
0.61.10.3-0.1-0.3-0.5-0.4-0.2-0.10.0-

Growth Parameters

Sales 159201220263246203243298372562765
Sales YoY Gr.-26.3%9.8%19.3%-6.5%-17.4%19.8%22.3%24.9%51.2%-
Adj EPS 0.91.211.40.70.50.711.11.93.4
YoY Gr.-29%-20%42.7%-50.4%-27.9%44.9%46.5%8.7%66.4%-
BVPS (₹) 3.64.612.313.614.314.715.416.31819.937
Adj Net
Profit
12.816.52028.51410.314.721.531.857.7120
Cash Flow from Ops. 12.813.8-42.5-72.946.97.743.1-16.2-80.311.8-
Debt/CF from Ops. 5.66.3-2-1.51.815.12.7-8.8-2.624.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 15.1%18%32.2%51.2%
Adj EPS 8.1%22.6%38.4%66.4%
BVPS20.8%6.9%8.9%10.3%
Share Price - 104.9% 129.6% 103.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
29.629.212.510.64.93.44.76.1710.211.9
Op. Profit
Mgn %
15.920.222.318.419.81918.821.622.623.128
Net Profit
Mgn %
8.18.29.110.95.75.167.28.610.315.7
Debt to
Equity
1.41.40.30.40.30.40.40.40.40.50.1
Working Cap
Days
313326409455536703666624644573293
Cash Conv.
Cycle
161175239321427518441355387300155

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales159201220263246203243298372562
Operating Expenses + 134160171215197165198233288433
Manufacturing Costs1101111111
Material Costs116150159199180151181210258397
Employee Cost 7667878101519
Other Costs 10358967121315
Operating Profit 254149484939466484129
Operating Profit Margin (%) 15.9%20.2%22.3%18.4%19.8%19.0%18.7%21.6%22.6%23.0%
Other Income + 0124211134
Exceptional Items -01-10000-300
Interest 8111213151617223034
Depreciation 34661099101115
Profit Before Tax 15273133251420294584
Tax 2101241146101327
Profit After Tax 13171929141015193257
PAT Margin (%) 7.9%8.7%8.7%11.1%5.7%5.1%6.0%6.4%8.5%10.2%
Adjusted EPS (₹)0.91.30.91.40.70.50.70.91.11.9
Dividend Payout Ratio (%)0%0%0%7.10%7.40%5.10%3.60%2.70%4.50%13.40%

Valuation of Apollo Micro Systems - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5064256282296305319338508609
Share Capital 14142121212121212831
Reserves 3650235261275284299317480578
Debt +65797810483115115142198280
Long Term Debt1614400012938
Short Term Debt49667310383115115140189242
Minority Interest0000000000
Trade Payables726893375778128112169280
Others Liabilities 173537303031361018093
Total Liabilities 2032464634534655305986929551,262

Fixed Assets

Net Fixed Assets +21302942504986106144181
Gross Block303439587784130160205257
Accumulated Depreciation941017273544546176
CWIP 10132928375025252459
Investments 0000011112
Inventories73114172173208226296342434601
Trade Receivables8671115169135169136147235238
Cash Equivalents 7910627121316142122
Others Assets 6913142321385896159
Total Assets 2032464634534655305986929551,262

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1314-42-7347843-16-7812
PBT 15273133251420294584
Adjustment 11151717232425313946
Changes in Working Capital -11-25-85-1144-28-1-74-159-111
Tax Paid -2-3-5-8-6-3-1-3-2-7
Cash Flow From Investing Activity + -10-17-11064-19-23-25-35-59-93
Capex -10-16-21-19-27-21-20-32-48-87
Net Investments 0-2-90806-1-3-2-7-2
Others 01222-1-3-1-4-5
Cash Flow From Financing Activity + 4-1115210-3615-185113681
Net Proceeds from Shares 001820000000
Net Proceeds from Borrowing 3-2-900000829
Interest Paid -8-11-12-13-15-16-17-22-30-34
Dividend Paid 000-30-1-1-1-1-2
Others 92-926-2133-07415988
Net Cash Flow 7-14-01-800-000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)28.8930.8412.0110.834.853.414.685.87.4910.25
ROCE (%)21.6828.3717.4312.5410.57.628.7210.7812.0214.52
Asset Turnover Ratio0.950.90.620.570.540.410.430.460.450.51
PAT to CFO Conversion(x)10.82-2.21-2.523.360.82.87-0.84-2.440.21
Working Capital Days
Receivable Days167.10143.40154.10197.10226.20274.10229.60173.60187.50153.80
Inventory Days131.90169.60236.70239.20282.60389.70391.60391.20380.60335.80
Payable Days164.70169.50184.40119.6095.20163.60207.80209198.60206.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *23.0520.7717.4525.3033.1747.9738.6135.5534.1839.92
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Apollo Micro Systems Ltd FAQs

The current trading price of Apollo Micro Systems on 04-Jun-2026 16:59 is ₹419.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Apollo Micro Systems stood at ₹14,983.6 Cr

The latest P/E ratio of Apollo Micro Systems as of 03-Jun-2026 is 124.3.

The latest P/B ratio of Apollo Micro Systems as of 03-Jun-2026 is 11.33.

The 52-week high of Apollo Micro Systems is ₹447.0 and the 52-week low is ₹162.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Apollo Micro Systems is ₹765 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Apollo Micro Systems Ltd is a average quality company.

The key valuation ratios of Apollo Micro Systems Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Apollo Micro Systems Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Apollo Micro Systems Ltd

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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