Jupiter Capital Private Limited has made regulatory disclosures regarding pledge transactions involving shares of AXISCADES Technologies Limited . The company filed disclosures with stock exchanges on January 2, 2026, under SEBI's substantial acquisition regulations covering transactions executed on December 31, 2025.

Share Pledge Transactions

The disclosure reveals two simultaneous pledge-related transactions executed on December 31, 2025. Jupiter Capital pledged 1,40,000 equity shares of AXISCADES Technologies to Aditya Birla Capital Limited as security. Concurrently, the company secured the release of 60,000 equity shares from an existing pledge arrangement with Tata Capital Limited.

Current Shareholding Position

Jupiter Capital Private Limited maintains a substantial shareholding in AXISCADES Technologies Limited. The company holds 2,46,82,047 equity shares, representing 58.05% of the total share capital. Following the recent transactions, Jupiter Capital's total encumbered shares stand at 38,99,000 shares, accounting for 9.17% of AXISCADES Technologies' share capital.

Regulatory Compliance

The disclosures were made under Regulation 31(1) and 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These regulations mandate disclosure of encumbrance creation, release, or invocation by promoters and persons acting in concert. The filings were submitted to both the National Stock Exchange and BSE Limited, where AXISCADES Technologies shares are listed.

K. Madhavi, Company Secretary of Jupiter Capital Private Limited, signed the regulatory filings. The disclosures provide transparency regarding changes in pledge arrangements affecting the promoter's shareholding in AXISCADES Technologies Limited.

Axiscades Engineering Technologies , a leading player in the aerospace, defense, and engineering services sectors, has reported robust financial results for the second quarter of fiscal year 2026, alongside the launch of an ambitious growth strategy.

Financial Highlights

The company delivered impressive quarterly results, with consolidated revenue reaching Rs. 299.00 crores, marking a 13% year-on-year growth and a substantial 22.7% sequential increase. EBITDA for the quarter stood at an all-time high of Rs. 47.00 crores, up 41.5% year-on-year, with EBITDA margins expanding to 15.7%. Profit after tax (PAT) showed remarkable growth, reaching Rs. 23.00 crores, an 89% year-on-year increase.

For the first half of FY26, AXISCADES reported:

• Revenue of Rs. 543.00 crores, up 11.2% year-on-year
• EBITDA of Rs. 81.00 crores, a 25.7% increase, with margins improving to 14.9%
• PAT of Rs. 44.00 crores, up 51.6% over last year

The company's core domains - aerospace, defense, and ESAI (Embedded Systems, Artificial Intelligence) - contributed 75% of H1 revenues and delivered EBITDA margins of 19%.

Power 930 Initiative

AXISCADES has launched its ambitious Power 930 initiative, targeting Rs. 9,000.00 crores in revenue by 2030. The company aims to achieve this through:

1. 40% annual growth in core aerospace, defense, and ESAI segments over FY26-27
2. 70% growth acceleration through new manufacturing facilities from FY28-30

Dr. Sampath Ravinarayanan, Founder, Chairman & Managing Director, stated, "We are on track to achieve about 45% growth in our core domains this financial year, FY26, and the same 45% growth in our overall EBITDA. We have forecast visibility to achieve similar numbers for FY2027."

Strategic Investments and Expansion

To support its growth plans, AXISCADES is investing in world-class infrastructure and facilities:

1. Devanahalli Aeroland Facility: A 165,000 square feet facility for electronic semiconductors, artificial intelligence, and test systems is now partially operational.

2. Devanahalli Atmanirbhar Complex: Work has begun on this ambitious 3 million square feet complex, which aims to be among India's best private sector facilities for radar, unmanned warfare, and offset fulfillment.

3. Hyderabad Missile Facility: A new facility focused on missile development and manufacturing.

The company plans to invest approximately Rs. 1,500.00 crores over the next three years across these facilities.

Focus Areas and Partnerships

AXISCADES is concentrating on three major areas in the defense sector:

1. Missiles: End-to-end development, including rocket motors, seekers, and onboard electronics.
2. Radars and Antennas: Focusing on full-scale large radars and maintenance.
3. Unmanned Systems: Including counter-drone systems, laser-kill technology, and ammunitions.

The company has also signed strategic partnerships with various foreign OEMs and technology leaders to tap into growing demand for cutting-edge solutions.

Outlook

Shashidhar SK, Chief Financial Officer, expressed confidence in achieving the FY26 guidance for both revenue and profitability. The company's shift from a service-centric to a solutions- and products-driven model is already visible in improved revenue mix and margin expansion.

AXISCADES remains focused on delivering long-term value for all stakeholders as it advances towards its Power 930 vision, with a strong order book and strategic alliances supporting its growth trajectory.