1,500% Multibagger Returns: Defence Company Bags New Orders Worth Rs 50,97,00,000 From Reliable Technosystems India & Corporate Infotech

The stock gave multibagger returns of 840 per cent in just 3 years and a whopping 1,500 per cent in 5 years.

Apollo Micro Systems Limited (AMS) received two domestic orders: Rs. 11.69 crores from Reliable Technosystems for electronic component manufacturing (4-month execution), and Rs. 39.28 crores from Corporate Infotech for IP CCTV system supply (3-month execution). Both contracts emphasize quality, timely delivery, and compliance with specifications, with penalties for defects and non-compliance.

Earlier, Apollo Micro Systems Limited (AMS) had initiated a collaborative effort with Munitions India Limited, and now, that commitment is solidified through the formal exchange of an MoU, enabling them to actively pursue joint development of diverse defence systems; simultaneously, AMS has also forged a new strategic partnership with Troop Comforts Limited, aimed at the joint manufacturing, marketing, and development of advanced air defence systems, including vital Anti-Drone and Anti-Aircraft solutions, thus demonstrating their dedication to expanding their defence capabilities and addressing the needs of various sectors, both domestically and internationally.

About the Company

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.

The company falls under the BSE Small-Cap Index with a market cap of over Rs 3,500 crore. In December 2024, FIIs increased their stake in AMS to 0.74 per cent from 0.19 per cent in September 2024. The stock gave multibagger returns of 840 per cent in just 3 years and a whopping 1,500 per cent in 5 years. Investors should keep an eye on this aerospace & defence stock.

Disclaimer: The article is for informational purposes only and not investment advice.