Apollo Micro Systems

Name

Apollo Micro Systems

Legal name

Apollo Micro Systems Limited

Website

https://apollo-micro.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Defence and Aerospace Electronics Manufacturing

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Guided Missile and Space Vehicle Manufacturing (336414), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419)

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Guided Missiles & Space Vehicles & Parts (3760)

akta.pro primary industry

Military Avionics, Mission Computers & Flight Controls (IMABAMAE)

akta.pro secondary industries

Avionics Software, Certification & Safety-Critical Systems (DO-178/DO-254) (IMABAFAK), Integrated Modular Avionics (IMA) & Avionics Computing Platforms (IMABAFAI), Autonomy Software, AI & Mission Management (UAS/UXV) (IMABAIAH), Autonomous Flight Control & Guidance Systems (UAS/Urban Air Mobility) (IMABAFAO), UAS Ground Control Stations (GCS) & Remote Operations Infrastructure (IMABAIAL)

Keywords

• Defence electronics manufacturing
• Missile actuation systems
• Naval mine systems
• Counter-drone systems
• Aerospace avionics

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Infrastructure, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Defence Electronics Manufacturing & Systems Integration: Apollo Micro Systems generates the majority of its revenue from designing, manufacturing, and supplying custom-built defence electronics and electro-mechanical systems to DRDO, Indian Armed Forces, DPSUs (HAL, BEL, BDL, GRSE), and private defence companies. Revenue is project and order-based, driven by a large order book execution cycle typically spanning multiple years. FY26 consolidated revenue reached Rs 904 crore with 61% YoY growth, up from Rs 562 crore in FY25. The company's Q4FY26 quarterly revenue of Rs 293 crore set an all-time high. Management guides for 45-50% revenue CAGR through FY28.
2. Strategic Weapons & Platform Manufacturing (New): Following receipt of lifetime arms manufacturing licence from DPIIT in April 2026, Apollo Micro Systems is entering full-scale weapon platform manufacturing including missiles, ATGMs, torpedoes, aerial bombs, rockets, and loitering munitions at its Hyderabad facilities with 1,000 units per category annual capacity. This represents a structural transition from component supplier to OEM, expected to drive incremental revenue from FY27 onwards.
3. Explosives & Munitions (via IDL Explosives): Through its step-down subsidiary IDL Explosives Limited (acquired for Rs 107 crore), Apollo Micro Systems supplies bulk explosives to Coal India subsidiaries (Rs 419.39 crore running contract) and exports cartridge explosives. IDL Explosives holds a 15-year industrial licence for manufacturing high-energy defence explosives HMX (50 MTPA) and TNT (500 MTPA) at its Rourkela, Odisha facility, supporting both domestic captive requirements and international export demand.
4. IT & Cybersecurity Services: AI-enabled cybersecurity services delivered through strategic partnerships with Sibersentinel and Zoom Group, including managed SOC, VAPT, SIEM, EDR/XDR, firewall, email security, dark web monitoring, and digital forensics. Revenue stream complements the defence electronics business by providing cyber security solutions to defence networks and critical infrastructure.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Apollo Micro Systems designs, develops, and manufactures custom-built defence and aerospace electronics and electro-mechanical systems for mission-critical applications spanning missile actuation (QRSAM, NGRAM, KUSHA, REMA series), naval underwater systems (MIGM, Moored Mine, Limpet Mine, Candiru torpedo), avionics (IAU, GNC kits, UNIAC), counter-drone solutions, autonomous platforms (drone delivery systems, Kamakazhe boats, AI-OBC for MPAUVs), AI-enabled cybersecurity, digital forensics, and high-energy explosives (via IDL Explosives subsidiary). The company operates across the full product lifecycle from concept, prototyping, and qualification to production and long-term support, offering Build-to-Specification (BTS) and Build-to-Print (BTP) solutions to DRDO, the Indian Armed Forces, and defence PSUs.

Product overview

Apollo Micro Systems is a defence and aerospace electronics manufacturer offering a comprehensive portfolio of mission-critical systems across air, land, sea, space, and homeland security domains. The product portfolio includes precision missile actuation systems (QDAC, ACEU, REMA series actuators) for indigenous programmes including QRSAM, Pinaka, ASTRA, KUSHA, and SLCM; naval underwater systems (Multi-Influential Ground Mines, Moored Mines, Limpet Mines, Candiru torpedoes, Echo Generating Systems); autonomous systems (AI-enabled drone delivery systems, Kamakazhe boats, MPAUV computers); counter-drone solutions (handheld and fixed UAV detecting/jamming systems); avionics (fire control systems, integrated avionic units, GNC kits); and homeland security products (portable bomb jammers). The company also provides AI-enabled cybersecurity and digital forensics services, supported by in-house capabilities in hardware design, software development, manufacturing, environmental testing, and inertial calibration services. Recent strategic moves include securing lifetime arms manufacturing licenses and acquiring IDL Explosives for end-to-end munitions capability.

Differentiator

Problem solved

Functional benefit

Products and services

• Actuator Control Electronics Unit (ACEU)

Quantifiable outcome

• Revenue growth of 61% YoY to Rs 904 crore in FY26
• +5 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature10 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Government of TelanganacoreStrategic or Co-development Partner · 8 December 2025MoU signed with the Government of Telangana during the 'Telangana Rising Global Summit 2025' for a greenfield project costing approximately Rs 1,500 crore to expand manufacturing and explosive filling capabilities for defence applications, serving both domestic and international markets. Apollo Micro Systems was allotted land at TSIIC Hardware Park Phase-II (22,988 sq. mts at Rs 27.58 crore) for a Rs 300 crore weapons manufacturing facility.
• IIT Madras (Indian Institute of Technology Madras)coreStrategic or Co-development Partner · 25 November 2025Strategic Joint Development MoU signed on November 25, 2025 during the Indian Navy's 'Swavalamban 2025' event in Delhi (with Defence Minister Rajnath Singh present). IIT Madras serves as the Research Anchor for basic research and prototyping in electronic warfare, precision guidance, navigation, and high-energy armament systems. DGNAI (Development Group for Naval Systems and Artificial Intelligence) provides operational insights and validation. Apollo Micro Systems handles technology development and manufacturing. This partnership supports India's Aatmanirbhar Bharat self-reliance mission in advanced defence technologies.
• Sibersentinel & Zoom Group (Cybersecurity)coreStrategic or Co-development PartnerApollo Micro Systems operates in strategic partnership with Sibersentinel and Zoom Group to offer top-tier cybersecurity services driven by expertise, advanced technology, and a client-focused approach. The partnership enables delivery of managed SOC, firewall, SIEM, EDR, DLP, and AI-powered OSINT solutions to defence networks and enterprise customers.
• GRSE (Garden Reach Shipbuilders & Engineers)minorStrategic or Co-development PartnerMoU signed with Garden Reach Shipbuilders & Engineers (GRSE) for naval systems integration and ship-based defence electronics collaboration. This strategic partnership positions Apollo Micro Systems as a preferred electronics and systems integration partner for GRSE's shipbuilding programmes.
• DRDO (Defence Research and Development Organisation)coreStrategic or Co-development PartnerDeep 40-year development partnership spanning multiple DRDO laboratories including ARDE, IRDE, CHESS, NPOL, NSTL, VRDE, and CVRDE. Apollo Micro Systems has participated in development of missile electronics for QRSAM, ASTRA, AKASH, BrahMos, Rudram, PINAKA, and torpedo programmes. DRDO Technology Transfers for laser DEW and EO tracking systems further strengthen the partnership. Apollo Micro transitioned from development partner to production partner with the receipt of arms manufacturing licence.

Scale indicators8 records

Recent moves15 records

Expansion highlights4 records

Direct peers

• Bharat Electronics Limited (BEL): Indian defence PSU and India's largest defence electronics company. Directly comparable as a fellow supplier of radar, missile electronics, avionics, and naval systems to DRDO and the Indian Armed Forces, with overlapping product categories across avionics, missile subsystems, and counter-drone systems.
• Bharat Dynamics Limited (BDL): Indian defence PSU manufacturing guided missiles, torpedoes, and underwater weapons. Apollo Micro Systems supplies actuation systems, missile electronics, and fuze components to BDL, and both serve overlapping missile and torpedo programmes (AKASH, ASTRA, TAL).
• Data Patterns (India) Limited: Indian listed defence electronics company designing and manufacturing radar, electronic warfare, avionics, and C4I systems. Closely comparable in scale, business model (B2B defence electronics), customer base (DRDO, MoD, DPSUs), and product categories spanning avionics, EW, and naval systems.
• Centum Electronics Limited: Indian defence and aerospace electronics company supplying custom-built electronic modules, subsystems, and systems to DRDO, ISRO, and global aerospace primes. Direct comparable in Build-to-Spec and Build-to-Print defence electronics with overlapping avionics and missile electronics offerings.
• Astra Microwave Products Limited: Indian listed company manufacturing RF/microwave components and subsystems for defence, space, and meteorology. Comparable to Apollo Micro Systems' RF and microwave design capabilities (e.g., DSP-RF systems, Wireless Interface Module) serving DRDO radar, EW, and missile programmes.

Broad incumbents

• Hindustan Aeronautics Limited (HAL): India's premier aerospace OEM manufacturing fighter aircraft, helicopters, UAVs, and avionics. Apollo Micro Systems supplies avionics systems for LCA Tejas and SWIFT UAV, and both compete for and collaborate on airborne electronics and platform integration programmes.
• Mazagon Dock Shipbuilders Limited (MDL): Indian defence PSU building submarines and warships for the Indian Navy. Overlapping customer base and naval defence domain with Apollo Micro Systems, particularly around submarine electronics, torpedo systems, and underwater mine deployment on naval platforms.

Regional players

• Garden Reach Shipbuilders & Engineers (GRSE): Indian defence PSU shipbuilder and MoU partner of Apollo Micro Systems for naval systems integration. Comparable in naval defence electronics and shipboard combat systems, with GRSE focused on platforms and Apollo Micro Systems providing integrated electronics and underwater weapons.

Emerging players

• Bharat Forge Limited (Kalyani Group): Indian listed company expanding into defence platforms, artillery systems, and armoured vehicles. Existing customer of Apollo Micro Systems for actuation systems and missile electronics, and emerging competitor in broader defence OEM space with significant capital base and DRDO partnerships.
• Mistral Solutions Private Limited: Indian defence embedded systems and avionics design house supplying solutions for radar, EW, missile guidance, and C4I. Comparable in embedded defence electronics design capabilities, though smaller and focused on design services rather than full manufacturing integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/apollo-microsystems-private-limited
• Xx.com/apollo_micro

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries4 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apollo Micro Systems