AXISCADES Technologies logo

AXISCADES Technologies

AXISCADES NSE

Key Fundamentals

MicrocapIT Enabled ServicesInformation Technology
Market Cap
₹7,759 Cr
Volatility
High Risk
P/E Ratio
214.25
EBITDA
₹166 Cr
Return on Equity
11.48%
Debt to Equity
0.53
Book Value
₹171.05
52W High
₹2,211
52W Low
₹1,063.3

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

1
  • Company is expected to give good quarter

Weaknesses

7
  • Stock is trading at 10.7 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 0.27% over past five years.
  • Company has a low return on equity of 7.86% over last 3 years.
  • Company has high debtors of 283 days.
  • Promoter holding has decreased over last 3 years: -8.15%
  • Working capital days have increased from 97.0 days to 167 days

Growth Rate

Revenue Growth
10.21% higher than 3Y
Net Income Growth
4.01% lower than 3Y
Cash Flow Change
11.92% lower than 3Y
ROE
103% higher than 3Y
ROCE
3.99% lower than 3Y
EBITDA Margin (Avg.)
-9.47% lower than 3Y

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 69d ago
AI opinion · based on fundamentals
Risk high

AXISCADES Technologies trades at a market cap of ₹7,017 Cr with a PE of 97.5x and PB of 9.65x, reflecting premium valuations relative to its 11% ROE and 12% TTM sales growth. The company has shown strong profit CAGR of 21% over 5 years but pays no dividend despite consistent profitability, while promoter holding has declined by 8.13% over three years.

Bull Case 7
  • Strong 5-year compounded profit growth of 21% CAGR indicates improving earnings trajectory
  • 5-year stock CAGR of 80% reflects sustained market re-rating and investor interest
  • TTM revenue growth of 12% demonstrates continued business momentum
  • 3-year compounded profit growth of 64% shows acceleration in earnings in recent years
  • ROE improved to 11% last year from a 10-year average of 6%, indicating better capital efficiency
  • 5-year compounded sales growth of 17% is above the 10-year average of 12%, showing improving revenue scale
  • 1-year stock CAGR of 15% indicates continued positive price momentum even on a higher base
Bear Case 8
  • PE ratio of 97.5x is extremely elevated, demanding very high future growth to justify current valuation
  • PB ratio of 9.65x is steep for a company with only 11% ROE, suggesting valuation is disconnected from return generation
  • Zero dividend yield despite repeated profitability signals poor shareholder return policy
  • Promoter holding has decreased by 8.13% over three years, raising concerns about promoter confidence
  • 3-year average ROE of only 10.8% is modest for an engineering services company trading at such premium multiples
  • TTM profit growth has decelerated sharply to just 1%, signaling potential earnings stagnation
  • 10-year compounded profit growth of only 11% suggests the recent acceleration may not be sustainable long-term
  • Debt-to-equity data is unavailable, limiting visibility into the company's leverage and financial risk profile

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 69d ago
Headwinds 1
  • Fine for board non-compliance Jun 29

    AXISCADES paid ₹4,95,600 fine to exchanges for non-compliance with board composition norms, though the issue was regularized on March 26, 2026.

Positives 3
  • ₹1,500 Cr aerospace divestment to Akkodis Jun 12

    Completed strategic sale of Aerospace Engineering Services business to Akkodis Group for ₹1,500 crore (USD 152.35 million), representing 18.7% of market cap. Proceeds fund the 'Power 930' plan targeting ₹9,000 crore revenue and ~₹960 crore PAT by FY2030.

  • Promoter pledge release on shares Jun 25

    Promoter group released pledge on 4.5 lakh shares (1.06% of shareholding) on June 23, reducing encumbrance on promoter stake.

  • Strategic pivot to IP-led manufacturing Jun 12

    Post-divestment, AXISCADES repositions around four pillars: Aerospace Manufacturing, Defence (ACAT), AI-centric ESAI (XiDA Inc), and a new Space division, shifting from services to high-value products and IP.

Neutral 3
  • New director Abhay Maheshwari appointed Jun 29

    Abhay Maheshwari appointed as Additional Director (Non-Executive, Non-Independent) effective June 29, 2026, subject to shareholder approval.

  • Shareholder nod sought for slump sale Jun 27

    AXISCADES seeks shareholder approval via postal ballot for slump sale of engineering services and related party transactions.

  • Investor meetings in Mumbai Jun 12

    Company scheduled one-on-one and group meetings with institutional investors on June 15-16, 2026 in Mumbai.

TL;DR: AXISCADES is executing a transformational pivot from engineering services to IP-led manufacturing, anchored by the ₹1,500 crore Akkodis divestment that provides a substantial war chest for growth. The company's ambitious Power 930 plan targets ₹9,000 crore revenue by FY2030 across aerospace, defence, AI, and space verticals. Minor governance issues (board composition fine) are a blemish but already resolved. The trend is strongly positive as the company de-risks its model and redeploys capital into higher-margin segments, though execution on the multi-vertical expansion remains the key risk to monitor.

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
215
252
232
256
224
265
275
268
94
299
343
109
183
Expenses
181
216
202
223
192
231
234
231
88
252
280
109
175
Operating Profit
34
37
30
32
31
33
40
37
7
47
63
0
9
OPM %
16%
15%
13%
13%
14%
13%
15%
14%
7%
16%
18%
0.3%
4.7%
Other Income
2
1
2
5
10
4
1
2
27
6
-6
20
-5
Interest
20
12
12
13
8
9
7
8
6
7
7
9
9
Depreciation
7
9
8
10
9
10
11
10
5
10
11
10
9
PBT
8
18
11
16
24
19
23
21
23
36
39
1
-14
Tax %
33%
36%
32%
44%
31%
35%
36%
-47%
7%
36%
29%
44%
4%
Net Profit
6
11
8
9
17
12
15
32
21
23
28
0
-15
EPS in Rs
1.47
2.88
1.93
2.08
4.07
2.91
3.49
7.24
4.88
5.42
6.52
0.1
-3.49
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
318
375
487
519
608
673
524
610
822
955
1,031
531
934
Expenses
276
322
448
501
595
580
459
539
675
826
886
481
816
Operating Profit
42
54
39
18
13
93
65
72
146
129
144
50
119
OPM %
13%
14%
8%
3.5%
2.2%
14%
12%
12%
18%
14%
14%
9%
13%
Other Income
-1
3
15
12
24
8
-26
7
-62
16
16
85
15
Interest
3
2
13
14
25
30
24
17
37
58
34
28
32
Depreciation
9
10
12
19
20
33
26
25
27
34
40
25
40
PBT
29
45
29
-3
-8
38
-10
37
21
53
88
82
62
Tax %
31%
35%
50%
181%
-9%
21%
104%
38%
123%
37%
14%
12%
—
Net Profit
20
29
15
-8
-8
30
-21
23
-5
33
75
72
36
EPS in Rs
7.14
10.51
3.74
-2.18
-2.15
7.88
-5.74
5.86
-1.37
7.82
17.63
16.92
8.55
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
14
14
19
19
19
19
19
19
19
21
21
21
Reserves
112
144
283
273
266
296
280
312
319
564
628
706
Borrowings
26
27
81
138
152
172
104
72
346
319
258
388
Other Liabilities
36
58
77
328
337
375
340
392
222
231
216
351
Total Liabilities
188
243
459
758
774
862
742
796
906
1,135
1,123
1,466
Fixed Assets
49
48
159
344
339
355
288
286
312
414
398
468
CWIP
0
1
6
0
1
1
0
0
0
0
8
44
Investments
0
0
0
6
30
34
50
19
33
37
60
17
Other Assets
139
195
294
407
404
473
404
491
560
685
658
936
Total Assets
188
243
459
758
774
862
742
796
906
1,135
1,123
1,466
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
31
31
9
-38
37
65
122
31
71
79
88
-1
Investing
-9
-20
1
-32
-13
-2
-21
30
-199
-162
8
-71
Financing
-9
-1
2
47
-7
-48
-93
-42
133
64
-100
38
Net Cash Flow
13
10
12
-23
17
14
8
18
4
-19
-3
-34
Free Cash Flow
26
22
-20
-51
30
59
117
18
60
59
61
-135
CFO/OP
87
80
81
-160
376
86
186
62
57
78
78
64
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
70
82
63
117
92
90
89
87
80
89
107
283
Inventory Days
—
—
11
200
88
84
86
165
137
136
104
121
Days Payable
—
—
150
333
137
177
188
218
153
125
100
221
Cash Conversion Cycle
70
82
-76
-16
44
-3
-12
34
63
100
111
184
Working Capital Days
47
51
32
1
-39
-55
-71
-73
24
49
75
167
ROCE %
24%
28%
14%
4%
1%
15%
12%
14%
23%
14%
14%
4%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view AXISCADES Technologies insights

65 extracted metrics + investor summaries across FY11–FY26.

Log in — free

Shareholding Pattern

FIIs1.45%Promot.58.03%DIIs1.97%Others9.04%Public29.51%As ofJun 2026
9.53% of promoter holding pledged as of Jun 2026

Documents

Frequently Asked Questions about AXISCADES Technologies

What does AXISCADES Technologies Ltd do?
Axiscades Technologies Limited is a technology solutions company focussing on engineering solutions and services. [1]
Where is AXISCADES Technologies Ltd (AXISCADES) listed?
AXISCADES Technologies Ltd trades as AXISCADES on the NSE and under code 532395 on the BSE.
Which sector does AXISCADES Technologies Ltd belong to?
AXISCADES Technologies Ltd is classified under the Information Technology sector, in the IT Enabled Services industry.
What is the market capitalisation of AXISCADES Technologies Ltd?
AXISCADES Technologies Ltd has a market capitalisation of ₹7,759 Cr, which places it in the Mid Cap band.
What is the PE ratio of AXISCADES Technologies Ltd?
AXISCADES Technologies Ltd trades at a PE ratio of 214.25, against a book value of ₹171.05 per share.
What is the 52-week high and low of AXISCADES Technologies Ltd?
Over the last 52 weeks AXISCADES Technologies Ltd has traded between ₹1,063.3 and ₹2,211.
What is the Return on Equity (ROE) of AXISCADES Technologies Ltd?
AXISCADES Technologies Ltd reported a return on equity of 11.48%. Its debt-to-equity ratio is 0.53.

Company Information

Axiscades Technologies Limited is a technology solutions company focussing on engineering solutions and services. [1]

Website axiscades.com
CEO Dr. Sampath Ravinarayanan
Employees 2,891
Listed 2000-12-21
Face Value ₹ 5
Issued Size 4,25,17,389

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/AXISCADES.md for AXISCADES Technologies Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Information Technology → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List