Axis Solutions: Profitable Growth Meets an IP Led Industrial Tech Pivot

Axis Solutions Limited is a technology-led engineering company delivering analytical measurement, instrumentation, process automation, remote monitoring, industrial communication and IIoT solutions, with an expanding focus on proprietary products and digital platforms.

Management guidance in the presentation includes a revenue target of INR 1,000 crore for FY2029, expected revenue CAGR of 50 to 65 percent for the next three years, and EBITDA margin guidance of 18 to 20 percent over the next two to three years.

For FY2026, revenue from operations was INR 2,407 million, EBITDA was INR 451 million (19 percent margin), and net profit was INR 288 million (12 percent margin), as shown in the financial tables in the presentation.

The presentation lists Axis-owned brands including Baspa, AMISON, Typhoon, Snowind, W-BRIx, i-BRIx and e-BRIx, and digital and IIoT platform brands including AxisCloud, SmartShelter, AquaVision and HydroSafe.

Debtor days increased to 174 in FY2026 from 126 in FY2025, and the cash conversion cycle increased to 196 days from 148 days, according to the working capital slide.

The presentation states an order book of INR 765 crore as on date and also shows an order book of INR 4,774 million for Q1 FY27 in its order book build-up section.