Apollo Micro Systems Limited is a microsystem-developing Indian company, established in 1985. It specializes in various departments. This includes electronic, electro-mechanical, engineering designs, manufacturing, and supplies.
The company caters to various sectors including the Defence, Space, and Home Land Security sectors. This also includes government-controlled public-sector and private-sector companies.
Before we move on, let’ first understand what microsystems are.
What are Micro Systems?
Microsystems are small integrated systems. They consist of combined electrical and mechanical components at a very small scale. This scale is often set at the microscale (millionth of a meter) or nanoscale (billionth of a meter).
These systems integrate different functionalities into a compact form factor. These functionalities include sensing, actuation, and control, often with computational processing capabilities,
The development of microsystems is a multidisciplinary field. It incorporates various elements like microelectronics, microelectromechanical systems (MEMS), nanotechnology, and material science.
Applications of Micro Systems
Microsystems can include a wide range of devices and applications, such as:
- Micro sensors: Devices that detect changes in the environment.
- Micro actuators: Components that convert electrical signals into other forms of output.
- Microfluidic devices: Systems that manipulate small volumes of fluids, used in lab-on-a-chip technologies.
- Microelectromechanical Systems (MEMS): Combines mechanical and electrical components that work together to perform specific tasks.
- Optoelectronic Microsystems: Devices that integrate optical and electronic components, used in fiber optic communication systems.
Now let’s look at the microsystem products offered by Apollo:
Product Range
Apollo Micro Systems Limited's products are made for critical applications across aerospace, defense, and homeland security sectors. They offer more than 20 products. Following are some of their products and usage:
On-board Electronic Systems & PCM Encoders
The company designs onboard systems for the operations of aircraft and spacecraft. They provide essential functions such as navigation, communication, and system monitoring.
PCM encoders play a vital role in telemetry systems. They encode data from the spacecraft or aircraft for transmission to ground stations.
Electro-Mechanical Actuators & Launcher Control Systems
Apollo Micro Systems produces these actuators to control moving parts in aerospace and defense systems. These include flight control surfaces and weapon deployment systems.
Launcher controls are designed for the operations of missile and satellite launch platforms. They allow accurate control and sequencing of launch procedures.
Fire Control Systems
Fire control systems are critical in defense applications. They target and engage threats with high precision. They also integrate various sensors and weapons systems for effective operation.
Services Offered
Apollo Micro Systems Limited's services provide various electronics manufacturing and design needs. Some of their services are given below:
Electronic Manufacturing Services (EMS) & Hardware Design Services
These services of Apollo Company cover the electronic product development and manufacturing. They include system design, layout design, manufacturing, system integration, and cable harness solutions. The aerospace and defense industry relies on these services for the production of critical systems with high reliability and precision.
Apollo develops architectural designs that meet technical specifications. This service is crucial for creating custom hardware solutions. They make sure that the end products perform optimally in intended environments.
IT & Software Service
These services include custom software development and IT solutions. They are used to support the operational needs of aerospace, defense, and homeland security systems. They provide the interface and control logic that enable hardware components to perform their tasks effectively.
Electronic – CAD Services & Mechanical – CAD Services
CAD (Computer-Aided Design) services for electronic components and systems play a vital role in development. They allow precise design and simulation of electronic circuits and layouts. This helps in identifying potential issues early in the design process and saves time and resources.
Mechanical CAD services also involve designing and simulating mechanical components and systems. These services are essential for an electronic system to fit together correctly and operate as intended.
Financial Position
This company has a steady financial growth. Its net profit has grown from 2 crores to 26 crores. EPS has moved from 0.79 to 1.09 in recent times. It shows sales growth, with a TTM (trailing twelve months) rate of 16% and compounded profit growth TTM at 30%. Moreover, the stock price over the last year reached 258%.
Apollo Micro Systems Limited share price history is full of ups and downs. It has experienced significant volatility and performance. As of March 2024, the share price stood at over ₹102.10. The stock's trading range on that day was between ₹102.10 and ₹105.00, while it has seen a 52-week range from as low as ₹24.99. to as high as ₹161.70.
Also, check out the share price of Apollo Micro Systems.
Final Words
In the end, we see that this company plays an important role in the defense and aerospace industry. They offer a wider range of products and services which are crucial to these industries. Their microsystem is crucial and serves a big market in India. They show positive financial growth. From this, we can conclude that Apollo is continuously growing. The company’s products are highly demanded in microsystem industries.