Apollo Micro Systems Limited: Pioneering Ruggedized Electronic Solutions for Mission-Critical Applications

Pasal Wealth
Jan 13, 2025
2 min read

Apollo Micro Systems Limited (AMS) stands as a trailblazer in the design, development, assembly, and testing of ruggedized electronic hardware and software solutions. Catering to mission-critical applications across Aerospace, Defence, Space, Transportation, and Homeland Security markets, the company has consistently demonstrated its technological prowess and strategic vision.

Recent Development: Significant Fundraising Initiative

The Board of Directors of Apollo Micro Systems has recently approved an ambitious fundraising plan. This initiative highlights the company’s confidence in its growth trajectory and strategic objectives. The fundraising details include:

Equity Issuance: 3.3 crore equity shares.
Warrants: 3.8 crore warrants priced at ₹114 each.
Total Fundraising Amount: ₹815 crore.

This move is expected to bolster the company’s financial position, enabling it to pursue expansive growth opportunities.

Notable Subscribers

The fundraising initiative has attracted significant participation from prominent investors, including:

Ebisu Global Opportunities Fund
LIC Mutual Fund
Sandeep Kapadia
Sandeep Singh
Rajesh Kumar Singla
Members of the Promoter Group

The presence of these reputed subscribers underscores confidence in Apollo Micro Systems’ long-term growth potential and strategic direction.

Key Highlights

Apollo Micro Systems continues to deliver impressive performance, reflected in the following key metrics and achievements:

Operating Profit Trends:
- 4-year uptrend in Operating Profit.
- 1-quarter uptrend in Operating Profit.
Strong Financial Results: Excellent performance in the September 2024 quarter.
Fundraising Milestone: Strengthened financial foundation through equity issuance and warrants.
Promoter Buying: Demonstrates confidence in the company’s growth prospects.
Valuation Metrics:
- PE Ratio: 80x (Sector PE range: 50-100)

Financial Snapshot

As of January 13, 2024, the financial metrics for Apollo Micro Systems are as follows:

Market Capitalization: ₹3,778 crore (Share price: ₹123/share).
TTM PE Ratio: 80x, aligning with industry benchmarks.
Retail Float: 33.1% (as of September 2024).

Driving Innovation for Mission-Critical Markets

Apollo Micro Systems’ solutions are synonymous with innovation and reliability. By leveraging cutting-edge technologies, the company provides custom-built, ruggedized solutions that meet the stringent demands of mission-critical applications. This focus ensures the company remains a preferred partner for clients in high-stakes industries.

Conclusion

Apollo Micro Systems Limited continues to reinforce its position as a leader in ruggedized electronic solutions. The recent fundraising initiative is a testament to the company’s strategic foresight and commitment to growth. With a robust financial position, a proven track record of operational excellence, and a focus on innovation, AMS is poised for sustained success in the rapidly evolving technological landscape.

Stay tuned for more updates as Apollo Micro Systems sets benchmarks in its journey of pioneering excellence.