Apollo Micro Systems Limited (AMS) has signed a Memorandum of Understanding with the Government of Telangana for a greenfield defence manufacturing project valued at ₹1,500 crore. The agreement was signed on December 8, 2025.
Project Overview
The planned facility will focus on the following areas:
- Manufacturing and filling of warheads
- Production of rocket motors
- Development of artillery systems and ammunition
The project is structured to serve both domestic and international defence markets.
Financial Position of Apollo Micro Systems (as of March 2025)
| Metric | Value (₹ crore) | YoY Change |
| Total Assets | 1,262.20 | 32.18% |
| Current Assets | 989.10 | 28.99% |
| Fixed Assets | 180.80 | 25.91% |
| Total Equity | 608.60 | 17.17% |
The signing follows recent financial growth reported by the company, including a 32.18% increase in total assets compared to the previous year.
Company Focus
The project is aimed at expanding AMS’s defence manufacturing capabilities and supporting production requirements in advanced systems such as warheads, artillery platforms, rocket motors, and ammunition.
The MoU represents a major investment initiative for Apollo Micro Systems Limited in the defence manufacturing sector.
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