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SBI Agreement With ₹105 Defence Share; Huge Buying In This Micro-cap Share; Upper Circuit Hit

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Apollo Micro Systems Ltd (NSE: APOLLO) Systems Ltd: Today, in this post we’ll discuss about Apollo Micro Systems latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

On Tuesday, during the volatile functioning of the stock market, the shares of Apollo Micro Systems Limited, a micro-cap company in the defense business, had hit an upper circuit of five percent and these shares had crossed the level of ₹ 100 at a strength of Rs 4.5.

The 52-week high of shares in Apollo Micro Systems is 161.50 with a market cap of approximately 2820 crores and the 52-week low is 27.52.

Term Loan Contract Signed In Conjunction With SBI

Apollo Micro Systems has informed the market that it has signed a loan agreement worth Rs 252.50 crore with the State Bank of India. The loan agreement with the nation’s biggest bank SBI has a new term loan amounting to the sum of Rs. 110 million.

Working Capital-Credit Facility

Defense business company Apollo Micro Systems has informed the stock market that it has entered into a loan agreement with the country’s largest bank for working capital, renewal of credit facilities, and an increase in this amount. 

The cash credit limit of Apollo Micro Systems in the working capital facility has been increased from Rs 52.50 crore to Rs 57.50 crore. 

This means that the Limit of the Inland Bank Guarantee was increased from 40 crore to 50 crore. Apollo Micro Systems has a facility of Rs 35 crore in the case of a renewed inland letter credit limit.

What Amount Of Interest Must Be Paid To The AMS?

Apollo Micro Systems will have to pay 1.40 percent more interest on term loans than the 6-month MCLR. The firm will be able to pay back the loan in 27 installments. 

Apollo Micro Systems has to repay this SBI loan between 31 March 2025 and 31 December 2021. In the working capital facility, Apollo Micro Systems will have to pay two percent more interest than the MCLR of 6 months.

Apollo Micro Systems will have to repay this loan after the demand of the bank.

Personal Guarantee Along With Assets Of AMS

For the security of this loan, the State Bank of India has entered into this term loan agreement after providing the assets of the company and personal guarantees from four persons.

Apollo Micro Systems, established in the year 1985, is a company manufacturing many critical electronics and electronic solutions.

Works For Defence-Aerospace

Apollo Micro Systems works for the defense, aerospace, and space industries. The company is progressing rapidly in this work with the help of research and development-based products. 

Some time ago, Apollo Micro Systems received an order worth Rs 25.58 crore from Indian Oil. Earlier, Apollo Micro Systems had received an order from Indian Oil. 

The total order from IOC to AMS has reached Rs 41.03 crore. It also got orders of around Rs 2.29 cr from Vigment and Defense Research and Development Organization (DRDO).

About Apollo Micro Systems Ltd Company 

Apollo Micro Systems Ltd (AMS) is an India-based electronic, electromechanical, as well as designing engineering, production, and supplies firm. 

It was founded in 1985 and was classified as a non-government business. They have registered it with the Registrar of Companies in Hyderabad. 

It provides solutions that are built on the latest technologies in Aerospace, Defence, and Space in the area of Design, and development, as well as assembly Custom Built Electronics and Electro-mechanical solutions. 

It also provides the needs of Railways, Automotive, and Home Land Security markets. 

Their primary customers are the Ministry of Defence, private-sector companies, and government-controlled public-sector undertakings. 

They provide custom-built commercially off-the-shelf (COTS) items. The status of the company is currently active.

Fundamental Analysis of Apollo Micro Systems Ltd

Market Cap₹ 2,966 Cr.
Current Price₹ 105.05
52-wk High₹ 162
52-wk Low₹ 28.2
Stock P/E 110
Book Value₹ 15.1
Dividend0.02 %
ROCE12.1 %
ROE6.49 %
Face Value₹ 1.00
P/B Value6.95
OPM22.7 %
EPS₹ 1.09
Debt₹ 171 Cr.
Debt to Equity0.40

Apollo Micro Systems Ltd Shareholding Pattern

Promoters Holding
Dec 202259.10%
Mar 202359.10%
June 202359.10%
Sept 202352.67%
Dec 202353.21%
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FII Holding
Dec 20220.65%
Mar 20230.12%
June 20230.17%
Sept 20235.27%
Dec 202311.01%
DII Holding
Dec 20222.63%
Mar 20233.59%
June 20233.64%
Sept 20233.31%
Dec 20230.01%
Public Holding
Dec 202237.63%
Mar 202337.19%
June 202337.10%
Sept 202338.76%
Dec 202335.76%
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Apollo Micro Systems Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 263 Cr
2020₹ 246 Cr
2021₹ 203 Cr
2022₹ 243 Cr
2023₹ 343 Cr

Last 5 Years’ Net Profit:

2019₹ 29 Cr
2020₹ 14 Cr
2021₹ 10 Cr
2022₹ 15 Cr
2023₹ 26 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019
20200.28
20210.38
20220.36
20230.37
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Last 10 Years’ Profit Growth:

10 Years:
5 Years:1%
3 Years:15%
Current Year:30%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:6%
3 Years:5%
Last Year:6%

Sales Growth Over 10 Years:

10 Years:
5 Years:6%
3 Years:7%
Current Year:16%

Conclusion

This article is a complete guide about Apollo Micro Systems Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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