AXISCADES Tech Reports Robust Q2 FY26 Performance with 41.5% EBITDA Growth

AXISCADES Engineering Technologies , a leading player in aerospace, defense, and engineering services, has reported a strong financial performance for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

The company's Q2 FY26 results showcase impressive year-on-year improvements:

Particulars (in INR crore)	Q2 FY26	Q2 FY25	YoY Change
Revenue from Operations	299.00	265.00	+13.0%
EBITDA	47.00	33.00	+41.5%
EBITDA Margin	15.7%	12.6%	+310 bps
Profit After Tax (PAT)	23.00	12.00	+88.9%
PAT Margin	7.6%	4.6%	+300 bps

Operational Performance

AXISCADES has shown robust growth across its core business segments:

Aerospace: Delivered a 16% year-on-year growth in Q2, driven by strong execution and recurring business from global OEMs.
Defense: Reported a 37% year-on-year growth, bolstered by large orders and steady production.
ESAI (Engineering, Services, and Industrial): Continued to scale up with strategic alignments with leading OEMs in mobile and semiconductor industries.

Strategic Developments

The company received a provisional land allotment for establishing a Defense and Engineering Complex in Telangana, measuring 32,862.00 Sq. Mts at TSIIC Hardware Park Phase II.
AXISCADES secured new design and production orders across various defense systems, including Radar, EW, and Missile Systems from DRDO and DPSUs.
The company formed strategic partnerships with global OEMs such as MBDA and INDRA, paving the way for substantial future programs.

Management Commentary

Dr. Sampath Ravinarayanan, Founder Chairman and Managing Director, stated, "We are targeting over 40% year-on-year growth in our core business areas for FY26 and FY27, with acceleration to over 70% projected for FY28 through FY30. Based on current forecasts, we expect to meet the 40% growth target for FY26 and FY27 in our core domains of Aerospace, Defense and ESAI."

He added, "We have a robust pipeline, giving us strong and clear visibility to achieve our mission (Power930) by FY30. We are focused on converting maximum possible of this pipeline into confirmed orders and continuously replenishing it."

Outlook

AXISCADES is transitioning from a service-centric model to a solutions and products-driven model, aiming to improve per capita revenue and operating profit margins. The company's investments in infrastructure, including the Aero-land facility and the upcoming Devanahalli Atmanirbar Complex, are expected to strengthen its position in defense, strategic electronics, and the aerospace supply chain.

With a strong order book and anticipated acceleration in defense revenues, AXISCADES remains confident in meeting its FY26 guidance and long-term growth objectives.

Note: This article is based on the company's official financial results and statements for Q2 FY26 ended September 30, 2025.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.70%	-8.96%	-11.35%	+75.02%	+185.70%	+3,125.57%

Axiscades Engineering Technologies , a prominent player in the technology and engineering services sector, has taken a significant step in enhancing employee ownership and engagement. The company recently announced the allotment of equity shares under its Employee Stock Option Plan (ESOP), demonstrating its commitment to aligning employee interests with corporate growth.

Key Highlights of the ESOP Allotment

Allotment Details: AXISCADES has allotted 18,936 equity shares with a face value of Rs. 5 each.
Beneficiaries: The shares were distributed among 3 eligible employees.
ESOP Scheme: The allotment was made under the 'AXISCADES ESOP 2018-Series 1' scheme.
Approval Date: The Nomination and Remuneration Committee approved this allotment on November 6, 2023.

Impact on Share Capital

The recent ESOP allotment has resulted in a slight increase in the company's paid-up share capital:

Aspect	Before Allotment	After Allotment
Paid-up Share Capital	21,24,88,265.00	21,25,82,945.00
Number of Equity Shares	4,24,97,653	4,25,16,589

Allotment Breakdown

The allotment was made at two different price points:

Number of Shares	Exercise Price	Premium
1,912	52.65	47.65
17,024	17.00	12.00

Implications and Outlook

This ESOP allotment by AXISCADES Technologies serves multiple strategic purposes:

Employee Retention: By offering equity ownership, the company aims to retain key talent and foster a sense of belonging among its workforce.
Alignment of Interests: Employee stock ownership helps align the interests of the staff with those of the company and its shareholders, potentially driving improved performance and value creation.
Long-term Commitment: ESOPs typically come with vesting periods, encouraging employees to think long-term and contribute to the company's sustained growth.
Attracting Talent: A robust ESOP program can be a powerful tool for attracting top-tier talent in the competitive technology and engineering services sector.

The newly allotted shares will rank pari-passu with the existing equity shares of AXISCADES Technologies, ensuring equal rights for all shareholders.

Upcoming Board Meeting

AXISCADES Technologies has scheduled a Board of Directors meeting for November 12, 2023. The primary agenda for this meeting is to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2023. This upcoming financial disclosure may provide further insights into the company's performance and strategic direction.

As AXISCADES continues to evolve its employee engagement strategies and prepares to share its latest financial results, stakeholders will be keenly watching for signs of how these initiatives translate into business outcomes and market performance.