Axiscades Technologies Limited, a leading technology and embedded product development company, has reported strong financial performance for the second quarter, along with a strategic land acquisition for expansion.

Financial Highlights

The company delivered impressive results for Q2:

For the first half of the fiscal year, Axiscades reported:

• Consolidated revenue of ₹543.00 crore, up 11.20% year-over-year
• EBITDA of ₹81.00 crore, a 25.70% increase
• Net profit of ₹44.00 crore, surging 51.60%

Operational Performance

The company's core verticals - Aerospace, Defense, and ESAI (Embedded Systems and Industrial) - contributed 75% of the total H1 revenue. Notably:

• Aerospace segment achieved an EBITDA margin of 15.10%
• Defense vertical posted a strong EBITDA margin of 22.10%
• Combined revenue growth for these core domains was 20.60% YoY, with EBITDA growth of 37.50%

Strategic Developments

Axiscades has made significant strides in its strategic initiatives:

1. Land Acquisition: The company received a provisional allotment letter for a 32,862 sq. meter plot at TSIIC Hardware Park Phase II in Rangareddy District, Telangana. This land will be used to establish a Defense and Engineering Complex, supporting the company's expansion plans.

2. Infrastructure Investments: A large portion of the 165,000 sq. ft. Aero-land facility is now complete, and construction has begun on the 3 million sq. ft. Devanahalli Atmanirbar Complex.

3. Strategic Partnerships: The company has formed collaborations with global leaders such as MBDA, Indra, CILAS, EBC, Aldoria, and EEA to enhance capabilities and revenue streams.

4. Operational Efficiency: Annualized EBITDA per employee increased from ₹4.31 Lakhs in H1 of the previous fiscal year to ₹6.36 Lakhs in H1 of the current fiscal year, marking a 47% improvement year-over-year.

Management Commentary

Dr. Sampath Ravinarayanan, Founder Chairman and Managing Director, commented on the results: "We are targeting over 40% year-on-year growth in our core business areas for the current and next fiscal year, with acceleration to over 70% projected for the following three fiscal years. Based on current forecasts, we expect to meet the 40% growth target for the current and next fiscal year 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

With its strong performance in core verticals, strategic land acquisition, and ongoing investments in infrastructure and partnerships, Axiscades Technologies Limited appears well-positioned for sustained growth. The company's focus on high-margin sectors and operational efficiency improvements suggest a positive outlook for the coming quarters.

Investors and stakeholders will likely keep a close eye on the company's progress in executing its growth plans and the development of its new Defense and Engineering Complex in Telangana.

Axiscades Technologies Limited (BSE: 532395 | NSE: AXISCADES), a leading technology solutions provider in the aerospace and defense sector, has announced a significant expansion of its aerospace business by entering the aircraft cabin interiors segment. This strategic move is part of the company's broader growth strategy in the aerospace industry.

New Contract Wins

The company has secured two new contracts in the aircraft cabin interiors design, development, and retrofit solutions space. These pilot orders, valued at USD 1.20 million, have been awarded by two global industry leaders:

1. A global aerospace Original Equipment Manufacturer (OEM)
2. A world-renowned aircraft cabin interior company based in Europe and the USA

Expanded Service Offerings

Axiscades will leverage its two decades of deep product design expertise in aero-structures to provide end-to-end engineering capabilities for aircraft interiors. The company's expanded service portfolio now includes:

• Cabin design
• Seating systems
• Electrical wiring
• Retrofit solutions
• Technical documentation

This expansion positions Axiscades to capture a share of the growing aircraft interiors market, driven by increasing demand for modernization and enhanced passenger experience.

Strategic Importance

K.P. Mohanakrishnan, Deputy CEO & President-Aerospace of Axiscades, commented on the development: "This milestone from a completely new offering is a strong validation of our design, engineering, and retrofit capabilities in delivering world-class aerospace solutions. This perfectly aligns with our growth strategy to offer high value, long-term sustainable product offerings for non-linear growth."

He further added, "Beyond the immediate business value, this engagement positions us strategically for long-term growth in the rapidly expanding cabin interiors segment. The aerospace industry is witnessing a strong demand for innovative, lightweight, and passenger-centric interior solutions, and we see immense potential to scale our offerings to meet these evolving needs."

Execution Timeline and Expertise

The design and development phase of these projects is expected to be completed within 9 months. Axiscades brings to the table its proven expertise as an end-to-end solutions provider with design signatories in aircraft product design and development activities.

Market Outlook

With these new contract wins, Axiscades is well-positioned to strengthen its role as a comprehensive aerospace solutions provider. The company aims to grow its market share in the aircraft interiors segment while driving sustained value creation for its customers, shareholders, and partners.

As the aerospace industry continues to evolve, with a focus on innovation and passenger comfort, Axiscades' entry into the aircraft cabin interiors market represents a strategic move to capitalize on these industry trends and expand its footprint in the global aerospace sector.