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Earnings Call

AXISCADES Technologies Earnings Call: Key Takeaways

Axiscades reported FY26 revenue of ₹1,159cr (up 12.4%) and EBITDA of ₹178cr (up 24.6%). Management is pivoting from engineering services to high-margin manufacturing under the 'Power 930' roadmap.

Why this was an Alfa AlertManagement explicitly guided for FY27 revenue of ₹1,377cr, representing 52% YoY growth on the retained business base.
Highlights
Revenue growth12.4% in FY26; 52% projected for FY27.
MarginsTargeting 150-200bps annual improvement toward 25% saturation.
Order book₹927cr currently under execution; ₹285cr assured forecast visibility.
Demand visibilityStrong; ₹142cr deferred Q4 revenue carries into FY27.
Management confidenceHigh; transitioning from design to high-value serial manufacturing.

Growth

EBITDA margins expanded 150bps to 15.3%. Aerospace grew 21%, Defense 25%, and ESAI 9%.

Outlook

Targeting ₹9,000cr revenue by FY30 with 25%+ EBITDA margins. FY27 revenue trending towards ₹1,377cr (52% growth).

Risks

Supply chain disruptions caused a ₹142cr revenue deferment in Q4; portfolio restructuring costs impacted short-term PAT.

Last quarter's promises, checked

Delivered

  • Guided 40-50% EPS growth → delivered 65% in 9M FY26 (= BEAT)
  • Guided 16.2% 9M Revenue growth → delivered 16.2% (= BEAT)
  • Guided 13.8% to 16.2% EBITDA margin expansion → delivered 16.2% (= BEAT)

Partly delivered

  • Guided 40%+ core revenue growth → delivered 12.4% total (Aerospace 21%, Defense 25%) (= PARTIAL)

Missed

  • Guided FY26 Revenue ₹1,260cr core domain → delivered ₹1,159cr total (= MISS)
Source

Earnings Call filed with BSE, NSE: AXISCADES. Summary written with AI assistance from the document.

Read the document ↗

AXISCADES Technologies Ltd: key numbers

Share price
₹1,892.10
Market cap
₹8,048 Cr
Revenue (annual)
₹1,159 Cr
Net profit (annual)
₹71.92 Cr
P/E (TTM)
221.5×Sector 53.6×
Promoter holding
58.03%-0.02% QoQ
FII holding
1.45%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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