Overview

Detailed Summary

AXISCADES Technologies Limited is a technology and embedded product company focused on aerospace, defence and ESAI (electronics, semiconductors, AI) delivering end‑to‑end engineering, product development, manufacturing and aftermarket services to global OEMs and Tier‑1s.
Financial momentum: Q3 FY26 revenue grew 25% YoY to ₹343 crore while Q3 EBITDA jumped 55% YoY to ₹63 crore (18.3% margin); 9M FY26 revenues rose 16.2% and adjusted 9M PAT (ex‑labour code charge) reached ₹79.5 crore, surpassing FY25 full‑year PAT within nine months.
Product transformation: under the Power930 vision AXISCADES is accelerating a shift from services to product/solutions and manufacturing, moving product revenue to 39% of sales versus 33% prior year and targeting >80% manufacturing‑led revenues by FY28.
Infrastructure and scale‑up: the Devanahalli Aero Land (DAL) is operational with EMS, ESD and acoustic labs; Devanahalli Atmanirbhar Complex (DAC) radar hangars and a Missile Atmanirbhar Cluster (MAC) in Hyderabad underline a multi‑facility capex programme designed to enable box‑build, radar integration and missile electronics manufacturing.
Order visibility and pipeline: management cites INR3,300–3,400 crore forecast visibility and an INR14,000 crore pipeline over several years, with large OEM, MOD and DRDO opportunities underpinning management’s 40–50% EPS growth guidance for FY26–FY27 and ambition to reach INR9,000 crore revenue by 2030.

Sector: Aerospace & Defence
Industry: Computers - Software - Medium / Small
Market Cap: 6,067 Cr
Volatility: Low Risk
P/E Ratio: 62.9
Industry P/E: 28.1
PEG Ratio: 2.5
P/B Ratio: 8.8
52W High: 1,778.55
52W Low: 725.00

Sales CAGR

1Y: 7.92%
3Y: 29.80%
5Y: 11.39%
10Y: 6.03%

Profit CAGR

1Y: 125.32%
3Y: 136.24%
5Y: —
10Y: 4.95%

ROE

TTM: 12.89%
3Y: 6.44%
5Y: 4.62%
10Y: 4.42%

ROCE

TTM: 14.53%
3Y: 13.14%
5Y: 11.94%
10Y: 11.04%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
NEWGEN	465.00	6,557 Cr	22.13	4.11	1.07	20.64	25.70	14.61
LATENTVIEW	305.05	6,305 Cr	31.85	3.88	0.00	11.72	15.27	10.46
AXISCADES	1437.80	6,067 Cr	62.92	8.76	0.00	12.89	14.53	8.46
TANLA	433.10	5,744 Cr	11.68	2.54	2.81	21.19	25.89	14.66
RATEGAIN	473.35	5,554 Cr	31.19	3.06	0.00	11.52	14.93	8.71
MAPMYINDIA	983.55	5,373 Cr	41.09	6.45	0.35	17.48	24.47	13.56
CCAVENUE	14.96	5,216 Cr	18.49	1.24	0.00	5.74	8.02	4.19

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	252	232	256	224	265	275	268	244	299	343
Expenses	216	202	223	192	231	234	231	210	252	280
Operating Profit	37	30	33	31	33	40	37	34	47	63
OPM %	14.58	12.91	12.70	14.00	12.58	14.72	13.98	13.98	15.75	18.28
Other Income	1.14	1.64	5.46	10	3.97	0.84	1.89	11	5.94	-5.87
Interest	12	12	13	8.07	8.57	7.29	8.37	7.32	6.55	7.04
Depreciation	8.70	8.49	9.52	9.28	9.94	11	9.56	9.36	10	11
Profit Before Tax	18	11	16	24	19	23	21	28	36	39
Tax %	36.50	31.64	43.53	30.73	34.67	36.19	-47.06	25.45	36.21	28.78
Net Profit	11	7.54	8.99	17	12	15	32	21	23	28
EPS in Rs	2.38	1.58	1.92	3.72	2.84	3.43	7.16	4.85	4.36	6.49

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	487	519	608	673	524	610	822	955	1,031	1,051
Expenses	448	502	596	581	460	540	676	822	888	906
Operating Profit	39	18	12	92	64	71	146	133	142	145
OPM %	7.96	3.39	1.97	13.62	12.22	11.57	17.72	13.95	13.82	13.82
Other Income	15	12	23	7.78	-26	6.94	-62	9.93	17	17
Interest	13	14	24	28	23	16	36	56	32	32
Depreciation	12	19	20	33	26	25	27	34	40	40
Profit Before Tax	29	-2.78	-8.39	38	-10	37	21	53	88	91
Tax %	49.54	-180.58	8.56	21.08	-104.30	38.31	122.82	36.99	13.98	13.05
Net Profit	15	-7.81	-7.67	30	-21	23	-4.80	33	75	79
EPS in Rs	3.02	-1.96	-1.91	6.86	-5.10	5.08	-1.81	7.08	17.15	22.85
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	14	19	19	19	19	19	19	19	21	21
Reserves	144	283	273	266	296	280	312	319	564	628
Borrowings	27	81	138	132	150	104	72	346	319	258
Other Liabilities	58	77	328	355	393	340	391	220	235	220
Total Liabilities	243	459	758	771	859	742	794	904	1,139	1,127
Fixed Assets	48	159	344	339	355	288	286	312	414	398
CWIP	1.12	5.88	0.50	0.62	0.56	0.00	0.00	0.00	0.00	8.39
Investments	0.00	0.35	6.25	30	34	50	19	33	37	60
Other Assets	195	294	407	401	469	404	489	559	689	661
Total Assets	243	459	758	771	859	742	794	904	1,139	1,127

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	31	8.62	-38	37	65	122	31	71	79	88
Cash from Investing Activity	-21	1.48	-32	-13	-2.93	-22	30	-201	-163	8.64
Cash from Financing Activity	-0.87	2.31	47	-6.52	-48	-93	-42	133	64	-100
Net Cash Flow	9.21	12	-23	17	14	7.41	18	2.63	-20	-2.55

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Jun 2023	Sep 2023	Dec 2023	Jan 2024	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	66.18%	65.74%	65.74%	60.51%	60.30%	60.27%	59.86%	59.56%	59.49%	58.20%	58.08%	58.05%
FIIs	0.08%	0.08%	0.31%	0.22%	0.38%	0.34%	0.40%	0.52%	0.69%	1.61%	2.18%	1.45%
DIIs	0.00%	0.00%	0.16%	7.63%	8.55%	4.55%	4.08%	3.82%	2.03%	1.35%	1.16%	0.94%
Public	33.74%	34.18%	33.79%	31.63%	30.77%	34.84%	35.66%	36.10%	37.79%	38.85%	38.58%	39.56%
Total Shareholders	15,613	17,886	18,983	19,336	19,144	28,119	31,140	30,867	37,665	44,304	44,077	45,345

Market Transactions

Unlock Premium Features

Analyst Target, Price, EPS and Revenue Projections

Upgrade

Projection

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q3 FY26

Investor Presentation

Q2 FY26

Investor Presentation

Q1 FY26

Available on Pro Plan