Axiscades Engineering Technologies
1,548.20
+73.30(+4.97%)
Market Cap₹6,579.49 Cr
PE Ratio76.70
Company Performance:
1D+4.97%
1M+25.02%
6M+80.03%
1Y+180.45%
5Y+2,677.04%
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More news about Axiscades Engineering Technologies
11Aug 25
Axiscades Tech Aims for 40%+ Growth in Key Sectors, Projects 25% Overall Revenue Growth by FY26
Axiscades Engineering Technologies has announced aggressive growth targets, aiming for over 40% annual growth in key sectors like Defense, Aerospace, and ESAI. The company projects a 25% total revenue growth for FY26 and plans to enhance EBITDA margins by 300 basis points. These targets reflect the company's confidence in capitalizing on opportunities across its diverse business segments and its commitment to improving overall financial performance.
07Aug 25
AXISCADES Sets Sights on ₹9,000 Crore Revenue by FY30, Reports Strong Q1 Growth
AXISCADES Engineering Technologies announced its 'Power 930 Plan', aiming for ₹9,000 crore revenue by FY30. The strategy includes 40% annual growth in core domains, shifting to a product-focused approach, and investing in infrastructure. Q1 results show 9% increase in revenue to ₹244 crores, 86% rise in EBITDA to ₹34 crores, and 25% growth in PAT to ₹21 crores. The company is developing new facilities, including a 160,000 sq.ft facility near Bangalore Airport and an Unmanned Warfare Center.
04Aug 25
AXISCADES Tech Secures ₹223.95 Crore Indian Army Contract for Tank Transporter Trailers
Axiscades Engineering Technologies' subsidiary has won a ₹223.95 crore contract from the Indian Army to supply 212 next-generation 50-ton tank transporter trailers. The contract, part of India's 'Atmanirbhar Bharat' initiative, has a two-year execution period. This domestic order aligns with India's push for self-reliance in defense manufacturing and does not involve related party transactions.
30Jul 25
AXISCADES Tech Secures ₹600 Crore in Defense Electronics Contracts
AXISCADES Engineering Technologies has won defense electronics contracts worth approximately ₹600 crore through its Defense Subsidiaries. The contracts involve developing and supplying advanced sub-systems for indigenous platforms in airborne, naval, and radar systems. Key projects include contributions to the VIRUPAKSHA (AESA) Radar Program, S-Band Surveillance Radars, LRBMR - KUSHA, Electric Heavy Weight Torpedo, and Sonar Systems for Submarines. These orders will be executed over the next 3 to 5 years, providing a steady revenue stream across various development phases.
29Jul 25
AXISCADES Technologies Secures ₹600 Crore Defence Electronics Orders, Bolstering India's Defence Modernization
AXISCADES Engineering Technologies has won defence electronics orders worth ₹600 crore for various critical programs. The orders span airborne, naval, and radar programs, to be executed over 3-5 years. Key projects include components for the VIRUPAKSHA AESA Radar Program, S-Band Surveillance Radars, Long-range Battle Management Radar, Electric Heavy Weight Torpedo systems, and Submarine Sonar Systems. These orders strengthen AXISCADES' position in India's defence modernization efforts and indigenous capabilities development.
19Jun 25
Axiscades Technologies Forges Strategic Alliance with Aldoria to Boost India's Space Security
Axiscades Engineering Technologies has formed a strategic partnership with Aldoria to enhance India's space security capabilities. This collaboration aims to contribute significantly to the development of India's growing space sector by combining the expertise and resources of both companies. The partnership is expected to drive innovation and advance space-related technologies, potentially strengthening India's position in the global space industry.
17Jun 25
AXISCADES Tech Forges Strategic Partnership with Indra for Defense Manufacturing in India
AXISCADES Engineering Technologies has partnered with global technology company Indra to enhance defense manufacturing in India. Indra will acquire defense-related goods and services from AXISCADES, utilizing their design, development, production, and supply chain facilities. This collaboration aims to advance the manufacturing of sophisticated defense systems within India, potentially improving the country's defense capabilities and technological self-reliance.
17Jun 25
Axiscades Technologies Inks Strategic Alliance with European Defence Giant Indra
Axiscades Engineering Technologies has signed a Memorandum of Understanding with European defence company Indra. The partnership aims to jointly develop products for Indian and global markets, with Indra agreeing to procure defence-related products and services from Axiscades. The collaboration includes plans to manufacture Indra's advanced solutions in India, such as TACAN antennas and countermeasure systems. This alliance aligns with India's 'Make in India' initiative and could strengthen Axiscades' position in the defence sector by providing access to European technology and expanding its product portfolio.
27May 25
Axiscades Tech Reports Robust Q4 Results, Approves Merger Plan
Axiscades Technologies Ltd. reported a significant increase in Q4 profits, with consolidated net profit rising to ₹308.00 million, up 359% year-over-year. Revenue grew to ₹2,700.00 million, a 5.5% increase from the previous year. The company also approved a merger between Add Solution GmbH and Axiscades GmbH, aiming to streamline operations.
26May 25
AXISCADES Technologies Reports Strong Q4 Results, Approves Merger Plan
AXISCADES Technologies announced impressive Q4 financial results with significant improvements across key metrics. Revenue increased by 5.47% to ₹2,700.00 million, EBITDA grew by 9.23% to ₹355.00 million, and net profit surged by 358.87% to ₹308.00 million compared to the previous year. The company also approved a strategic merger between ADD Solution GmbH and AXISCADES GMB, potentially enhancing its market position and operational efficiency.
24Apr 25
AXISCADES Technologies Appoints Anurag Sharma as CEO of European Subsidiary
AXISCADES Technologies Limited has appointed Anurag Sharma as the new CEO of add-solution GmbH, its Germany-based subsidiary. This strategic move aims to strengthen the company's European presence and drive innovation in software-led engineering. Sharma, with over 30 years of experience, will focus on expanding AXISCADES' footprint in the European market, particularly in wiring harness design, drone development, and thermal management. The appointment aligns with AXISCADES' restructuring efforts to enhance its aerospace, defense, and engineering services powered by Electronics, Semiconductors, and Artificial Intelligence.
11Apr 25
AXISCADES Technologies Bolsters Leadership Team to Drive Strategic Growth
AXISCADES Technologies Limited has announced two significant leadership appointments as part of its strategic growth initiative. KP Mohanakrishnan joins as Deputy CEO & President - Aerospace, while D Murali Krishnan takes on the role of Chief Operating Officer & President - ESAI. These appointments, effective April 9, 2025, are aimed at transitioning AXISCADES from a service-based model to a technology-driven product company, with a focus on aerospace, defense, and semiconductor technologies. The company is positioning itself at the forefront of AI-led innovation and full-stack product development, leveraging its expertise to shape next-generation systems.
21Mar 25
AXISCADES' Subsidiary Mistral Unveils Cutting-Edge Radar Module DCP1000
AXISCADES' subsidiary, Mistral Solutions, has introduced the DCP1000 module, a cutting-edge radar data capture and playback solution for mmWave applications. Based on Lattice Semiconductor's CertusPro-NX FPGA technology, the module offers high-speed data capture, real-time processing, and Hardware-In-Loop playback. It features 1Gbps Ethernet connectivity, 2GB LPDDR4 memory, and compatibility with TI's mmWave Studio. Priced at $649.00, the DCP1000 is now available for early samples with a 6-7 week lead time.
06Mar 25
AXISCADES' Subsidiary Mistral Forges Strategic Alliance with Altera to Revolutionize Aerospace & Defense Computing
AXISCADES' subsidiary Mistral Solutions has formed a strategic alliance with Altera, an Intel Company, to enhance high-performance computing in aerospace and defense. The partnership integrates Altera Agilex™ 9 Direct RF FPGA technology into defense applications, promising improved processing power and efficiency. Mistral unveiled new VPX3U-AGRW027/014 Processing Cards at a seminar in Bengaluru, showcasing advancements in real-time data processing and ultra-low latency communication for defense systems. The collaboration aims to impact various critical systems including Electronic Warfare, Radar, and Aerospace Signal Processing.
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