AXISCADES TECHNOLOGIES LIMITED
₹1,876.10-₹120.55 (-6.0%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹5,771 Cr
- P/E
- 188.0x
- EV / EBITDA
- 96.9x
- Revenue
- ₹398 Cr
- Net margin
- -1.1%
- ROCE
- 7.9%
Price chart
Technical chartScreen technicals →+21.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.8%
- 3M
- +23.1%
- 6M
- -6.9%
- 1Y
- +21.1%
- 5Y
- +2,100.7%
52-week range
Day change -₹120.55 (-6.0%) from ₹1,997 to ₹1,876 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in AXISCADES, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong cash conversion — FCF/PAT ratio of 2.17
Concerns1
- Low interest coverage ratio of 1.0x
Rule-based from financial data. Not advice.
About the company
AXISCADES Technologies Limited operates as an engineering solutions company in Europe, the United States, the Asia Pacific, and Canada. It operates through Technology Services and Solutions, and Strategic technology solutions.
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AXISCADES Technologies Limited operates as an engineering solutions company in Europe, the United States, the Asia Pacific, and Canada. It operates through Technology Services and Solutions, and Strategic technology solutions. The company offers product design and development, embedded electronics and avionics, manufacturing engineering services, systems engineering and integration, product lifecycle management, and after sales product support services. It also provides data acquisition and processing units, electro-optical systems, radar and sonar processing units, telemetry modules, airborne systems, flight control units, auto pilot and mission computers, and graphics processing systems; and electronic control units, simulators, multi-core DSP systems warhead control units, and test jigs. In addition, the company offers electronic warfare systems, custom drone solutions, heavy payload drones, armed drones, tethered drone systems, anti-drone systems, mission-critical communication systems, and obsolescence management; test benches, waveform generators; homeland security solutions; and signal processing engines, I/O boards, rugged graphics and single board computers, FPGA and GPU engines, switches, storage and small form-factor systems, development tools, safety-critical middleware, and operating systems. Additionally, it provides semiconductor, hyperscalers, qualcomm, and radar modules and development platforms, as well as NVIDIA, an AI-enabled solutions for robotics, autonomous systems, and ADAS. It serves aerospace, defense and homeland security, automotive, heavy engineering, electronics, energy, semiconductor, and medical sectors. The company was formerly known as AXISCADES Engineering Technologies Limited and changed its name to AXISCADES Technologies Limited in November 2020. The company was incorporated in 1990 and is based in Bengaluru, India.
- Sector
- Technology
- Shares outstanding
- 4.3 Cr shares
- ISIN
- INE555B01013
- BSE code
- 532395
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹5,771 Cr
- P/E
- 188.0x
- P/B
- 14.6x
- EV / EBITDA
- 96.9x
- EV / Sales
- 17.0x
- P/S
- 16.3x
- Earnings yield
- 0.5%
- 52-week high
- ₹2,304.25
- 52-week low
- ₹1,101.05
Profitability
- Operating margin
- 14.7%
- Net margin
- -1.1%
- EBITDA margin
- 17.6%
- ROE
- -1.1%
- ROCE
- 7.9%
- ROA
- -0.6%
- Dividend payout
- 0.0%
- Tax rate
- -36.0%
- Other income, % of PBT
- -166.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹398 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹62.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 138.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1125.0%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹20.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -64.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 28.6%
Solvency and efficiency
- Current ratio
- 10.75
- Debt / Equity
- 0.80
- Debt / Assets
- 0.41
- Debt / EBITDA
- 4.73
- Interest coverage
- 0.96
- Financial leverage
- 1.98
- CFO / Net profit
- -5.00
- Cash / Market cap
- 4.7%
- Cash per share
- ₹63.96
- Asset turnover
- 0.49
- Fixed asset turnover
- 10.38
- Capital intensity
- 0.10
- Debtor days
- 75 days
- Cash conversion cycle
- 75 days
Where the revenue went
Some FY2025 lines are not reported, so the ones that are appear as a table.
| Line | FY2025 |
|---|---|
| Sales | ₹398 Cr |
| Expenses | ₹331 Cr |
| Operating profit | ₹67 Cr |
| Other income | ₹12 Cr |
| Interest | ₹31 Cr |
| Depreciation | ₹18 Cr |
| Profit before tax | ₹31 Cr |
| Tax and other | -₹10 Cr |
| Net profit | ₹41 Cr |
Revenue and net profit
Revenue grew 12.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹129 Cr | -₹63 Cr |
| FY2022 | ₹182 Cr | ₹3 Cr |
| FY2023 | ₹283 Cr | -₹20 Cr |
| FY2024 | ₹353 Cr | -₹4 Cr |
| FY2025 | ₹398 Cr | ₹41 Cr |
Cash flows
FY2025: ₹46.0 Cr from operations, ₹89.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹53 Cr | ₹54 Cr |
| FY2022 | ₹11 Cr | ₹12 Cr |
| FY2023 | ₹56 Cr | -₹138 Cr |
| FY2024 | ₹20 Cr | -₹103 Cr |
| FY2025 | ₹46 Cr | ₹89 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹398 Cr+12.7%1Y
- Net profit
- ₹41 Cr
- Cash from operations
- ₹46 Cr
- Free cash flow
- ₹89 Cr
- Revenue CAGR, 5Y
- 8.8%
- EBITDA CAGR, 5Y
- 14.1%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹398 Cr | ₹67 Cr | — | ₹41 Cr | ₹46 Cr | ₹89 Cr | 10.5% | +12.7% | -1125.0% |
Monthly returns
Month-by-month returns of AXISCADES across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹689 Cr |
| Equity capital | ₹21 Cr |
| Reserves | ₹371 Cr |
| Borrowings | ₹223 Cr |
| Other liabilities | ₹73 Cr |
| Assets | ₹689 Cr |
| Fixed assets | ₹39 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹416 Cr |
| Other assets | ₹235 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
AXISCADES trades at 188.0x earnings against a peer median of 52.1x (a 261% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| AXISCADES TECHNOLOGIES LIMITEDAXISCADESthis companyP/E ↑ premium | ₹5,771 Cr | 188.0x | 14.6x | -1.1% | 96.9x |
| Mastek LimitedMASTEK | ₹6,301 Cr | 34.5x | 7.8x | 14.1% | 44.8x |
| Dynamatic Technologies Ltd.DYNAMATECH | ₹6,152 Cr | 122.0x | 8.5x | 15.6% | 35.3x |
| PNC Infratech LimitedPNCINFRA | ₹6,063 Cr | 16.5x | 1.1x | 17.8% | 4.2x |
| Avalon Technologies LimitedAVALON | ₹5,943 Cr | 80.0x | 7.7x | 4.8% | 115.1x |
| Aurionpro Solutions Ltd.AURIONPRO | ₹5,678 Cr | 54.6x | 5.3x | 6.4% | 73.0x |
| CMS Info Systems LimitedCMSINFO | ₹5,501 Cr | 17.1x | 2.5x | 18.7% | 8.5x |
| Paras Defence and Space Technologies LimitedPARAS | ₹5,465 Cr | 76.7x | 8.1x | 7.6% | 86.0x |
| Capillary Technologies India LimitedCAPILLARY | ₹5,315 Cr | 1541.0x | — | -11.2% | -486.9x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
AXISCADES since 1 January, against earlier years.
Historical volatility
AXISCADES's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 3.0% |
| FY2022 | 9.0% |
| FY2023 | 15.0% |
| FY2024 | 15.0% |
| FY2025 | 17.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹398 Cr |
| Costs | |
| Interest | ₹31 Cr |
| Expenses | ₹331 Cr |
| Operating profitOperating Profit | ₹67 Cr |
| Other income and charges | |
| Profit before tax | ₹31 Cr |
| Tax | |
| Net profitNet Profit | ₹41 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹689 Cr |
| Equity capitalEquity Capital | ₹21 Cr |
| Reserves | ₹371 Cr |
| Borrowings | ₹223 Cr |
| Other liabilitiesOther Liabilities | ₹73 Cr |
| AssetsTotal Assets | ₹689 Cr |
| Fixed assetsFixed Assets | ₹39 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹416 Cr |
| Other assetsOther Assets | ₹235 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹46 Cr |
| Investing cash flowCash from Investing Activity | ₹43 Cr |
| Financing cash flowCash from Financing Activity | -₹95 Cr |
| Change in cashNet Cash Flow | -₹6 Cr |
Learn while you research
Academy chapters picked for AXISCADES TECHNOLOGIES LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 188.0, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Growth InvestingTech & communications often trade on growth, learn the framework.7 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read