Axiscades Engineering Technologies , a leading provider of deep tech and engineering services, has announced significant changes to its leadership structure, aimed at driving international growth and achieving its ambitious revenue target.

Key Leadership Changes

Alfonso Martinez Fernandez, who previously served as the Chief Executive Officer and Managing Director of AXISCADES Technologies Limited, has resigned from his position effective August 22, 2025. Martinez will transition to a new role as Head of International Business and Global Operations, as well as assuming the position of Managing Director and CEO of AXISCADES GmbH.

In light of this change, Dr. Sampath Ravinarayanan has been re-designated from Chairman and Whole Time Director to Chairman and Managing Director of AXISCADES Technologies Limited, effective August 23, 2025.

Strategic Focus on Global Expansion

The leadership reshuffle is part of AXISCADES' strategy to become a $1 billion revenue company by 2030. This goal requires significant expansion of the company's international business, partnerships, and alliances.

Martinez, with over 25 years of leadership experience in engineering, aerospace, defense, and technology services, will focus on strengthening the group's international business across North America, Europe, the UK, and Asia-Pacific. His new role will involve advancing the company's global growth strategy, expanding its presence in key markets, and deepening collaborations with international partners and OEMs.

Martinez's Vision for International Growth

Commenting on his new appointment, Martinez stated, "The global opportunities in Aerospace, Defense and ESAI are immense, and I see this role as highly beneficial in enabling AXISCADES to strengthen its presence internationally. By leveraging our talent and innovation capabilities, we are well placed to deliver transformative solutions and create significant value for our global customers and stakeholders."

Compliance with Regulatory Requirements

AXISCADES has confirmed that the vacancy in the Board composition resulting from these changes will be filled within three months, in compliance with Regulation 17 (1E) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As AXISCADES Technologies Limited implements its non-linear product-led growth strategy, these leadership changes are expected to play a crucial role in the company's global expansion efforts and its journey towards becoming a billion-dollar revenue company by 2030.

Axiscades Engineering Technologies , a leading player in the aerospace, defense, and engineering services sectors, has reported robust financial results for the first quarter, along with ambitious growth plans for the future.

Q1 Financial Highlights

The company reported a consolidated revenue of Rs 244.00 crores for Q1, marking a 9% year-on-year growth. The reported EBITDA stood at Rs 34.00 crores, also up 9% year-on-year, maintaining a steady EBITDA margin of 14%. Notably, when adjusted for a one-time write-back of ESOP provision in the previous year, the normalized EBITDA growth was 86% year-on-year.

Axiscades Engineering Technologies' core business segments demonstrated strong performance:

• Electronics, Semiconductors and Artificial Intelligence (ESAI) grew by 34% year-on-year
• Defense segment grew by 23%
• Aerospace segment grew by 8%

The consolidated profit after tax for the quarter increased by 25% year-on-year, reaching Rs 21.00 crores.

Strategic Initiatives and Growth Plans

Dr. Sampath Ravinarayanan, Chairman of Axiscades Engineering Technologies, outlined three major strategic initiatives during the earnings call:

1. Aggressive Growth Target: The company has set a target of over 40% year-on-year growth, backed by a robust order book of Rs 1,260.00 crores for the current fiscal year and Rs 1,827.00 crores for the next.

2. 'Power 930' Plan: Axiscades Engineering Technologies has launched an ambitious plan to reach Rs 9,000.00 crores ($1 billion) in revenue by 2030. This plan involves building a robust pipeline and matching infrastructure to support the growth trajectory.

3. Global Partnerships: The company has formed strategic partnerships with MBDA for missile activities and Indra for radar systems, aiming to strengthen its technological edge and stabilize revenue streams.

Segment-wise Performance and Outlook

ESAI Segment

The ESAI segment showed remarkable growth, driven by new engagements with major tech giants. The company has embarked on relationships with Amazon and Apple, focusing on chip manufacturing and support activities for product testing and evaluation.

Defense Segment

With a current year deliverable order book of approximately Rs 540.00-600.00 crores, the defense segment is poised for significant growth. Key projects include involvement in the mountain radar system, BrahMos missile program, and various other strategic electronic units.

Aerospace Segment

Despite a relatively modest growth of 8% in Q1, the aerospace segment has an order book of about Rs 450.00 crores for the current fiscal year. The company is expanding its capabilities in tooling for flying and non-flying parts, aiming to provide end-to-end solutions to customers.

Future Outlook

Axiscades Engineering Technologies is targeting a 25% overall growth for the current fiscal year, including a 300 basis points improvement in EBITDA margins. The company expects revenue acceleration in the second half, driven by defense order execution and new customer acquisitions.

The management remains confident in achieving its ambitious growth targets, supported by strategic partnerships, infrastructure development, and a strong order pipeline across all core verticals.

As Axiscades Engineering Technologies continues to strengthen its position in the aerospace, defense, and engineering services sectors, investors and industry observers will be keenly watching the company's progress towards its 'Power 930' goal of reaching Rs 9,000.00 crores in revenue by 2030.