
Apollo Micro Systems vs Avantel vs DCX Systems: Which Stock Should You Track
Apollo Micro Systems PE 127.99, mkt cap Rs 14,697 crore. Avantel PE 239.92, mkt cap Rs 4,145 crore. DCX Systems PE NA, mkt cap Rs 1,802 crore.
Updated: 28 Sept 2026 • 11:29 am
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Quick Answer
Apollo Micro Systems vs Avantel vs DCX Systems is a side-by-side comparison of three companies from the Defence Electronics space. On this comparison, Apollo Micro Systems carries a market capitalisation of about Rs 14,697 crore against Rs 4,145 crore for Avantel and Rs 1,802 crore for DCX Systems, with return on equity of 8.60%, 4.43% and -0.51% respectively. Each company's numbers are presented here without a declared better pick, since the right stock depends on an investor's own criteria.
Apollo Micro Systems vs Avantel vs DCX Systems starts with the core numbers most investors compare within the Defence Electronics segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.
All three names sit in the Defence Electronics bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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Apollo Micro Systems, Avantel and DCX Systems: Company Overview
Apollo Micro Systems is a listed Indian company in the Defence Electronics space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Avantel is a listed Indian company in the Defence Electronics space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
DCX Systems is a listed Indian company in the Defence Electronics space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Apollo Micro Systems vs Avantel vs DCX Systems: Valuation and Profitability Snapshot
| Metric | Apollo Micro Systems | Avantel | DCX Systems |
|---|---|---|---|
| Market Cap (approx.) | Rs 14,697 crore | Rs 4,145 crore | Rs 1,802 crore |
| PE Ratio (TTM) | 127.99 | 239.92 | NA |
| PB Ratio | 9.96 | 12.25 | 1.19 |
| Return on Equity (ROE) | 8.60% | 4.43% | -0.51% |
| EPS (TTM, Rs) | 3.09 | 0.65 | -1.83 |
| Dividend Yield | 0.06% | 0.13% | 0.00% |
| Debt to Equity | 0.41 | 0.10 | 0.00 |
| Book Value per Share (Rs) | 39.73 | 12.73 | 135.84 |
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On valuation, Apollo Micro Systems trades at a PE of 127.99 and a PB of 9.96, Avantel at a PE of 239.92 and a PB of 12.25, while DCX Systems trades at a PE of NA and a PB of 1.19. On return on equity, the three post 8.60%, 4.43% and -0.51% respectively, and on dividend yield they stand at 0.06%, 0.13% and 0.00%.
Apollo Micro Systems vs Avantel vs DCX Systems: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Apollo Micro Systems | Rs 253.54 crore | Rs 25.22 crore | +88.6% | -14.5% |
| Avantel | Rs 70.54 crore | Rs 5.39 crore | +35.8% | +8.6% |
| DCX Systems | Rs 111.91 crore | -Rs 8.66 crore | -52.6% | -48.1% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three defence electronics names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Apollo Micro Systems vs Avantel vs DCX Systems highlights how differently three companies in the same defence electronics segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Apollo Micro Systems vs Avantel vs DCX Systems
What is the market cap difference between Apollo Micro Systems, Avantel and DCX Systems?
Ans. As of September 2026, Apollo Micro Systems has a market cap of approximately Rs 14,697 crore, Avantel is at approximately Rs 4,145 crore, and DCX Systems is at approximately Rs 1,802 crore.
Which of the three has the highest PE ratio?
Ans. Among Apollo Micro Systems, Avantel and DCX Systems, the PE ratios stand at 127.99, 239.92 and NA respectively as of September 2026.
Which of the three has the highest ROE?
Ans. Apollo Micro Systems, Avantel and DCX Systems post ROE of 8.60%, 4.43% and -0.51% respectively as of September 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Apollo Micro Systems, Avantel and DCX Systems carry dividend yields of 0.06%, 0.13% and 0.00% respectively.
What is the debt to equity ratio for Apollo Micro Systems, Avantel and DCX Systems?
Ans. Apollo Micro Systems carries a debt to equity of 0.41, Avantel of 0.10, and DCX Systems of 0.00.
Which of the three trades at the highest price to book value?
Ans. Apollo Micro Systems, Avantel and DCX Systems trade at price to book ratios of 9.96, 12.25 and 1.19 respectively.
Is one of Apollo Micro Systems, Avantel or DCX Systems better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.
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