Apollo Completes Acquisition Of IDL Explosives

18 Nov 2025 CW Team

IDL Explosives operates manufacturing facilities in Rourkela and several other locations across India. Apollo Group plans to expand and strengthen the company’s operations in line with its strategic ambitions within the rapidly growing defence explosives sector.

The acquisition marks the start of a wider strategic consolidation expected to begin in Q3 FY2026. Through this integration, Apollo Group aims to broaden its presence in the defence industry by adding next-generation capabilities in high-end defence-grade explosives, propellants, and warhead systems. These will complement its existing expertise in weapon system electronics and platforms.

Commenting on the development, Mr Baddam Karunakar Reddy, Managing Director of Apollo Micro Systems Limited, said, “We are truly humbled to be chosen for this strategic acquisition amidst competition, and we pledge to uphold the legacy and value that IDL represents.”

IDL Explosives, with its long-standing legacy in India’s industrial and mining sectors, now enters a new phase of growth under Apollo’s leadership. The acquisition supports India’s Atmanirbhar initiative by strengthening domestic capabilities in defence manufacturing.

With this strategic move, Apollo Micro Systems embarks on the next stage of its evolution as a fully integrated, multidisciplinary defence platform provider, offering end-to-end solutions ranging from weapon system electronics to complete weapon system complexes.

Apollo Micro Systems Limited, established in 1985 and headquartered in Hyderabad, is a leading technology provider of high-performance, mission-critical solutions for the defence sector. Backed by four decades of technological expertise, the company is poised to develop into a multidisciplinary defence systems powerhouse driving next-generation innovation

Apollo Defence Industries Private Limited, a subsidiary of Apollo Micro Systems Limited, has confirmed the successful completion of its full acquisition of IDL Explosives Limited from GOCL Corporation Limited. With this transaction now concluded, IDL Explosives becomes a step-down subsidiary of Apollo Micro Systems. IDL Explosives operates manufacturing facilities in Rourkela and several other locations across India. Apollo Group plans to expand and strengthen the company’s operations in line with its strategic ambitions within the rapidly growing defence explosives sector. The acquisition marks the start of a wider strategic consolidation expected to begin in Q3 FY2026. Through this integration, Apollo Group aims to broaden its presence in the defence industry by adding next-generation capabilities in high-end defence-grade explosives, propellants, and warhead systems. These will complement its existing expertise in weapon system electronics and platforms. Commenting on the development, Mr Baddam Karunakar Reddy, Managing Director of Apollo Micro Systems Limited, said, “We are truly humbled to be chosen for this strategic acquisition amidst competition, and we pledge to uphold the legacy and value that IDL represents.” IDL Explosives, with its long-standing legacy in India’s industrial and mining sectors, now enters a new phase of growth under Apollo’s leadership. The acquisition supports India’s Atmanirbhar initiative by strengthening domestic capabilities in defence manufacturing. With this strategic move, Apollo Micro Systems embarks on the next stage of its evolution as a fully integrated, multidisciplinary defence platform provider, offering end-to-end solutions ranging from weapon system electronics to complete weapon system complexes. Apollo Micro Systems Limited, established in 1985 and headquartered in Hyderabad, is a leading technology provider of high-performance, mission-critical solutions for the defence sector. Backed by four decades of technological expertise, the company is poised to develop into a multidisciplinary defence systems powerhouse driving next-generation innovation

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