Apollo Micro Systems Share Price Gains Over 4% After Securing Lifetime Arms Manufacturing License

Apollo Micro Systems Limited, a Hyderabad-based defence technology company, has been granted a lifetime license by the Government of India to manufacture and proof-test advanced weapon systems.
This development marks a significant milestone in the company's strategic expansion into high-value defence manufacturing.
Details of the Arms Manufacturing License
The license, issued by the Department for Promotion of Industry and Internal Trade (DPIIT), authorises Apollo Micro Systems to produce a range of strategic weapon systems.
These include missiles, anti-tank guided missiles (ATGMs), torpedoes, aerial bombs, and loitering munitions. The manufacturing will take place at the company's facilities in Hyderabad.
The license covers two categories of arms of calibre above 12.7mm. Category I includes guided weapons, underwater systems, and countermeasures, while Category II encompasses aerial munitions and loitering systems.
The annual production capacity is set at 1,000 units per category.
Strategic and Business Impact
This license significantly transforms Apollo Micro Systems' business model, allowing it to transition from a provider of embedded systems to a full-fledged manufacturer of complete weapon systems.
The company's expertise in defence electronics, guidance systems, and integration positions it well to capitalise on this new opportunity.
Read More: Zen Technologies Gets Licence To Manufacture Defence Cannons In India!
Collaboration with IDL Explosives Limited
IDL Explosives Limited, a step-down subsidiary of Apollo Micro Systems, will play a crucial role in this venture.
With its established capabilities in explosives, propellants, and initiating systems, IDL Explosives will support the development and production of the licensed weapon systems.
The collaboration aims to leverage both companies' strengths to deliver advanced defence solutions.
Apollo Micro Systems Share Price Performance
As of April 20, 2026, at 11:43 AM, Apollo Micro Systems share price on NSE was trading at ₹294.98 up by 4.27% from the previous closing price.
Conclusion
The grant of this lifetime arms manufacturing license marks a pivotal moment for Apollo Micro Systems. It not only enhances the company's strategic positioning in the defence sector but also aligns with India's Aatmanirbhar Bharat mission. By expanding its manufacturing capabilities, Apollo Micro Systems is poised to contribute significantly to the Indian Armed Forces and the global defence market.
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Published on: Apr 20, 2026, 3:49 PM IST

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