AXISCADES Technologies Limited reported a 12.4% year-on-year increase in revenue from operations to ₹1,159 crore for the financial year ended March 31, 2026. EBITDA for the year rose 24.6% to ₹178 crore, with margins expanding by 150 basis points to 15.3%. Profit after tax for FY26 stood at ₹72 crore compared to ₹75 crore in the previous year, while normalized profit after tax increased 27.6% to ₹83 crore. The board approved the audited financial results on May 27, 2026.

Q4 Performance and Revenue Deferment

Revenue for Q4 FY26 grew 2.0% year-on-year to ₹273 crore. However, profitability was significantly impacted by the deferment of ₹142 crore in revenue recognition to FY27 due to supply-chain interruptions and operational timing factors. Consequently, net profit for the quarter fell to ₹0.4 crore from ₹31.49 crore in Q4 FY25. EBITDA for the quarter declined 10.3% to ₹34 crore. The company noted that the deferred revenue relates to a defence manufacturing programme, a strategic electronics programme, and an Aerospace and Defence contract, with an aggregate EBITDA impact exceeding ₹40 crore.

Financial Highlights

The following table summarizes the key financial metrics for the quarter and year ended March 31, 2026:

Strategic Developments and Divestment

During the year, AXISCADES Technologies entered into a Master Framework Agreement and Business Transfer Agreement with Akkodis Group to sell its Heavy Engineering, Energy, and Automotive Engineering Services practice. The transaction is valued at a fixed consideration of USD 23.23 million and is subject to statutory and regulatory approvals. This divestment is part of the company's Power 930 strategic roadmap to focus on core domains such as Aerospace, Defence, and ESAI, which contributed approximately 78% of consolidated revenue in FY26.

The board also approved the issuance of a corporate guarantee worth ₹20 crore in favor of RBL Bank Limited for credit facilities availed by AXISCADES Aerospace & Technologies Private Limited, a wholly-owned subsidiary.

FY27 Guidance and Capex Plans

Management stated that consolidated revenue is trending towards ₹1,377 crore in FY27, driven by the deferred revenue and a stronger core domain mix. The core domains of Aerospace, Defence, and ESAI generated ₹904 crore in FY26. Management reaffirmed its Power 930 target of ₹9,000 crore revenue by FY30, supported by manufacturing-led growth and strategic acquisitions.

The company outlined a total investment plan of ₹2,100 to ₹2,250 crore, including ₹1,200 crore for the Devanahalli Aerospace Campus (DAC), ₹300 crore for the Missile Atmanirbhar Complex (MAC), and ₹120 crore for the Digital Avionics Lab (DAL). Acquisitions are expected to cost roughly ₹600 crore. Funding will be self-supported through restructuring phases, with no plans for equity dilution or incremental long-term debt.

AXISCADES Technologies Limited has hosted the audio recording of its earnings webinar for the quarter and fiscal year ended March 31, 2026. The webinar, held on May 30, 2026, featured management commentary on the company's performance and key financial and operational highlights. The recording is now available for access on the company's website.

Webinar Details

The webinar was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Senior management of axiscades engineering technologies addressed the session, which included an interactive Q&A session with investors and analysts.

Access Information

The audio recording of the Q4 & FY 2026 earnings webinar is hosted on the official website of AXISCADES Technologies Limited. The disclosure was submitted to the National Stock Exchange of India Ltd and BSE Limited by Sonal Dudani, Company Secretary & Compliance Officer.

Key Dates

Dickenson World served as the Investor Relations Advisor for the event. The financial information presented during the webinar includes data from subsidiaries and joint ventures.