MoneyWorks4Me

Axiscades Technologies Ltd (AXISCADES)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532395 NSE: AXISCADES Aerospace & Defense | Small Cap | Axiscades Tech. Share Price

₹1,949.45 11.25 (0.58%)

As on 24-Sep'26 10:55

Axiscades Technologies Ltd (AXISCADES)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532395 NSE: AXISCADES Aerospace & Defense | Small Cap | Axiscades Tech. Share Price

₹1,949.45 11.25 (0.58%)

As on 24-Sep'26 10:55

Key Metrics
Valuation Multiples
Market Cap
₹8,244 Cr.
Current Price
₹1,949.5
52-Week Low / High
₹1,061 / 2,210
TTM EPS
₹8.5
TTM Sales
₹1,099 Cr.
Book Value per Share
₹167.9
P/E Ratio
226.87
Higher than its 5-year historical median
Industry PE
46.5
Price to Book (P/B)
11.54
Higher than its 5-year historical median
Price to Sales (P/S)
7.50
Higher than its 5-year historical median
EV/EBITDA
50.80
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
10.53%
Underperforms industry median
Return on Capital Employed (ROCE)
15.80%
Outperforms industry median
Return on Assets (ROA)
5.69%
Operating Profit Margin
15.4%
Net Profit Margin
6.22%
Gross Profit Margin
14.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
14.37%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
24.25%
Net Profit Growth (1 Year)
-
-4.26%
Asset Quality
Promoter Holding
58.03%
Pledged shares (%) of Promoter's holding (%)
9.53%
Reserves
₹693 Cr.
Equity
₹21.3 Cr.
Face Value
₹5
All Time Low / High
₹5.70 / 2210.00

Axiscades Technologies stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Axiscades Technologies Ltd a good quality company?
Axiscades Technologies Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Axiscades Technologies Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Axiscades Technologies Ltd vs industry peers?
Axiscades Technologies Ltd revenue CAGR is 17.21%, compared to the industry median CAGR of 12.65%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Axiscades Technologies Ltd?
Promoters hold 58.03% of the Axiscades Technologies Ltd, with 9.53% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of Axiscades Technologies Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 24% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Axiscades Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 10.7%-1.2%4%6.1%-19.1%7.6%4.5%8.8%10.1%7.1%-
Value Creation
Index
-0.2-1.1-0.7-0.6-2.4-0.5-0.7-0.4-0.3-0.5-

Growth Parameters

Sales 235233225232129182283353398455357
Sales YoY Gr.--1%-3.2%3.1%-44.3%40.7%55.6%24.7%12.7%14.4%-
Adj EPS 3.9-2.6-3.3-0.8-8.32.58.4-1.78.72.7-0.9
YoY Gr.--167.5%NANANANA238.2%-120.4%NA-69.4%-
BVPS (₹) 63.860.859.857.641.242.237.38392.29391
Adj Net
Profit
14.5-9.8-12.5-3-31.59.432.2-7.237.111.4-4
Cash Flow from Ops. 20.6-11.1-3.231.652.810.855.919.646.417.7-
Debt/CF from Ops. 1.2-5.9-26.42.613.65.613.64.414-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 7.6%28.6%17.1%14.4%
Adj EPS -4%NA-31.8%-69.4%
BVPS4.3%17.7%35.6%0.9%
Share Price 24.1% 94.7% 56.4% 15.8%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
8.2-4.2-5.5-1.4-16.75.820-2.89.82.9-1
Op. Profit
Mgn %
11.72.83.313.52.99.31715171210
Net Profit
Mgn %
6.2-4.2-5.6-1.3-24.35.211.4-29.32.5-1
Debt to
Equity
0.10.30.40.40.30.22.20.80.50.6-
Working Cap
Days
22721021622331717313514115218688
Cash Conv.
Cycle
53506466733229414247-1

Valuation of Axiscades Tech. - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *20.5820.5819.9917.6214.1412.7115.7815.8014.349.53
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales4875196086735246108229551,0311,159
Operating Expenses + 448501594580459538675826887980
Manufacturing Costs48643740454854506068
Material Costs67559510398117179185213238
Employee Cost 251284350361267312361500516554
Other Costs 8298112764962819197120
Operating Profit 391814936572146129144178
Operating Profit Margin (%) 8.0%3.5%2.3%13.9%12.5%11.8%17.8%13.5%13.9%15.4%
Other Income + 1515981496162123
Exceptional Items 1-3150-41-2-680-4-11
Interest 13142530241737583432
Depreciation 12192033262527344044
Profit Before Tax 29-3-838-1037215388114
Tax 145-18111426201242
Profit After Tax 15-8-830-2123-5337572
PAT Margin (%) 3.0%-1.5%-1.3%4.5%-4.1%3.7%-0.6%3.5%7.3%6.2%
Adjusted EPS (₹)3.7-2.2-2.27.9-5.75.9-1.47.817.616.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 301292285313295322324567648721
Share Capital 18.9018.9018.9018.9018.9018.9719.1220.9921.2621.27
Reserves 283273266294277303305546627700
Debt +811381321225128308169180214
Long Term Debt2773493921017110610975
Short Term Debt5465838331271376370139
Minority Interest3344556677
Trade Payables285035505170756458143
Others Liabilities 88258290339312342171311202352
Total Liabilities 5017417458287147668851,1181,0951,437

Fixed Assets

Net Fixed Assets +159344339355288286312414398459
Gross Block170376391424383390415549534645
Accumulated Depreciation1032526994105103136136185
CWIP 61110000853
Investments 063034501933376017
Inventories2302020235266696179
Trade Receivables84166153166128145179234302411
Cash Equivalents 72625870851051001538945
Others Assets 177133144183141159194211177372
Total Assets 5017417458287147668851,1181,0951,437
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 9-38376512231717988-1
PBT 29-3-838-1037215388114
Adjustment 112848658045139954875
Changes in Working Capital -8-5510-2352-38-77-47-23-157
Tax Paid -23-9-12-151-13-13-22-24-33
Cash Flow From Investing Activity + 1-44-13-3-2230-201-1639-71
Capex -29-13-8-6-6-14-11-20-27-134
Net Investments 28-4-6-3-2039-1-862658
Others 2-26-0734-189-5695
Cash Flow From Financing Activity + 247-7-48-93-4213364-10038
Net Proceeds from Shares 000001222230
Net Proceeds from Borrowing 0000-16-20138-102-5618
Interest Paid -6-8-14-15-13-6-57-38-29-22
Dividend Paid 0000000-000
Others 9557-34-64-1750-17-1841
Net Cash Flow 12-3417147183-20-3-34
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)6.34-2.63-2.6610.13-6.977.34-1.487.4912.3810.53
ROCE (%)14.832.883.9115.263.2214.2911.2115.0114.5615.8
Asset Turnover Ratio1.310.840.820.860.680.8210.950.930.92
PAT to CFO Conversion(x)0.6N/AN/A2.17N/A1.35N/A2.391.17-0.01
Working Capital Days
Receivable Days63.2087.9095.7086.60102.4081.607278.9094.90112.30
Inventory Days1.5011.3015.1010.801522.4026.1025.8023.1022
Payable Days124.80257.90164.90151.60186.10187.90147.30136.60104.30154.80

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Axiscades Technologies Ltd FAQs

The current trading price of Axiscades Tech. on 24-Sep-2026 10:55 is ₹1,949.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Sep-2026 the market cap of Axiscades Tech. stood at ₹8,243.8 Cr

The latest P/E ratio of Axiscades Tech. as of 23-Sep-2026 is 0.00.

The latest P/B ratio of Axiscades Tech. as of 23-Sep-2026 is 21.30.

The 52-week high of Axiscades Tech. is ₹2,210 and the 52-week low is ₹1,061.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Axiscades Tech. is ₹357 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Axiscades Technologies Ltd is a average quality company.

The key valuation ratios of Axiscades Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Axiscades Technologies Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Axiscades Technologies Ltd

Axis Inc, incorporated in 1987 is based in Peoria, Illinois, with development centres in North America, Europe and Asia. The company's clients include several Fortune 50 companies in the aerospace, aviation, automotive, manufacturing, military, semiconductor and medical industries. Axis Inc. offers comprehensive engineering services in mechanical, manufacturing and embedded electronics engineering.  With its teams of talented, dedicated, and innovative engineers, Axis Inc provides its clients with cost-efficient, cutting-edge solutions and quality without compromise.

The Axis processes and procedures apply ISO 9001 methodology, certified SEI CMMI Level 3.  Axis is licensed to design, develop and manufacture defense and aerospace hardware and software.

Axis is also listed on the Indian National Stock Exchange.

Since Axis IT&T became a part of Jupiter Strategic Technology, it has grown even stronger, extending its services beyond mechanical and manufacturing engineering to include electrical and electronics, aviation, media, and entertainment. It has a strong force of more than 2500 engineers located over the globe, serving diverse industries, with specialized teams that work on-site or offshore to cater to the specific requirements of clients.

Autonomous teams are delegated and dedicated to each customer in each case, able to run operations and empowered to take strategic decisions to ensure smooth coordination. Axis has 12 development centres in the US, Europe and Asia. Axis incorporates the onsite-offshore model to provide effective cost saving to customers across diverse industries.

Milestones:

• 1984 - Creation of Microcon, pioneer in Embedded Electronics Systems & Services

• 1987 - Incorporation of Axis Inc, mechanical engineering and services provider, in North America

• 1988 - Axis expands its services to Asia and then to Europe  

• 2005 - Microcon merges with Jupiter Strategic Technology (JST) 

• 2007 - Axis merges with JST

• 2009 - JST acquires RF & Microware Corporation. Name changed to Axis Aerospace & Technology. Axis Aerospace & Technology acquires CADES, specialists in product design and engineering services

Services:

1. Mechanical Engineering

• Product Design - Axis offers a solution-based approach from concept development to validation at the product design phase. Its comprehensive New Product Development service covers the entire spectrum of activities.

• Design Support - Axis teams have rich niche skills to cater to clients' requirements. They provide comprehensive 3D modeling and Computer Aided Design (CAD) services.

• Design Validation - Axis has dedicated and able teams of engineers working in the field of Computer-Aided Engineering which are able to provide clients with various analysis of solutions available and the appropriate test support.

• Reverse Engineering - The Axis team has wide experience with reverse engineering for heavy equipment and engineering industries. Axis has a proven methodology and process for reverse engineering that has received accolades from its clients. The company is capable of carrying out reverse engineering projects ranging from measure & model to scan & model to design modification.

• Customization & PLM - The Engineering Customization & PLM teams at Axis have a unique mix of domain expertise, CAD, and Information Technology (IT) programming experience, and include process consultants, solution architects, project managers, technical developers, database administrators, and integration specialists.

• Skills & Tools - Axis' engineers are trained in, and have access to the latest versions of all major CAD & Analysis software.

2. Manufacturing Engineering

• Virtual Manufacturing - Axis' digital manufacturing services are categorized into two phases - the Design Phase and the Validation Phase.

• Supply Chain Management - Axis offers capacity optimization through various lean concepts like value stream mapping, cycle time reduction, and inventory reduction, through-put time reduction, physical flow improvement, Kan-ban, and layout redesign if required.

• Quality Documentation - Axis manufacturing services provides valuable documentation support during the design, development and validation processes of APQP, and also during the production phase for feedback, assessment of processes and implementation of corrective actions for identified quality issues.

3. Electrical & Electronics

• Hardware Engineering - Axis has over 4500 man-hours of expertise in Analog, Digital, Passive and Active RF components and circuits hardware engineering.

• Digital Signal Processing - Axis commenced its electronics services in 1984 by developing data acquisition systems for aerospace clients. Thus, data acquisition systems and Digital Signal Processing are among the fundamental services that Axis has pioneered for the past 25 years.

• Software Engineering - Axis services and capabilities in embedded electronics consist of Real-time Operating System (RTOS) device driver development and open system Operating System customization. Axis has developed device drivers for peripherals under various RTOS such as RTLinux, WindRiver, QNX RTOS, VxWorks, LynxOS, Windows Embedded CE, Nucleus, etc.

• Modeling & Simulation – Axis offers model development services consisting of embedded system conceptualization and simulation, using the latest tools and technology.

• Verification & Validation – Axis' rigid quality control processes ensure that products or systems meet the system specifications for their intended purpose. This rigid testing procedure, applied internally by Axis, is also proposed as a services to clients for their embedded electronics department.

• Industry & Tools

4. Software Engineering

• IVR Development - Axis has a great deal of experience in developing IVR systems. The Axis teams are well-versed in designing IVR dialogs and dialog flows both for Touchtone (DTMF) and Speech Recognition (ASR) systems. They have delivered multi-language systems with Text To Speech (TTS) integration and have worked with third party speaker verification software to implement multifactor authentication solutions.

• Java Development - The Axis Java teams have extensive experience in a wide range of technologies from the Java ecosystem and work on state-of-the-art applications such as IP Contact Centre, Voice Portals and Biometric Systems for applications such as Attendance Monitoring.   

• Testing & QA - To fully complete the software development process, Axis has an independent product testing team which handles software validation and quality assurance. Most of the testing concerns complex products and Axis strongly encourages developing testing skills and domain knowledge among its test engineers. The Axis domains of expertise are: Banking, Contact Center Applications and Telecom.

• Skills and Projects - Axis provides its employees with a challenging work environment where enthusiastic professionals get a chance to enhance their skills, gain valuable experience and take on new responsibilities to grow into well-rounded software professionals.

• Development Centre - Its software development centre is located just outside India's capital -- New Delhi -- in Gurgaon, which is about 20 minutes drive from the Indira Gandhi International Airport.

You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now