AXISCADES Share Price Dips 5%; Posts 25% PAT Growth in Q1 FY26 Results

AXISCADES Technologies Ltd reported its unaudited financial results for the quarter ended June 30, 2025.

Q1 FY26 Financial Performance

Consolidated revenues for Q1 FY26 stood at ₹244 crores, up 9% year-on-year (YoY). Historically, the first half of the year contributes around 35% of the company’s full-year revenue, with the remaining 65% coming in the second half due to the bulk of defence project executions occurring then.

In dollar terms, revenue reached $28.5 million, marking a 6% YoY growth. Reported EBITDA was ₹34 crores, up 9% compared to ₹31 crores in Q1 FY25. Adjusting for one-time write-backs in Q1 FY25, the normalized EBITDA then was ₹18 crores, making the Q1 FY26 figure an 86% improvement. EBITDA margin stood at 14%, consistent with the previous year and significantly higher than the normalised 8.2% in Q1 FY25.

Profit After Tax (PAT) rose 25% to ₹21 crores, with a margin of 8.2%, compared to ₹17 crores and 7.2% in the same quarter last year.

Business Performance & Strategic Updates

The company’s growth was fueled primarily by strong performance in its core domains, which saw a 17% YoY increase in revenue. Aerospace grew by 7%, defence surged by 22%, and Engineering Services for Aerospace & Industrial (ESAI) recorded a 34% jump.

Non-core domains, including heavy engineering, automotive, and energy, experienced a 9% YoY decline. This was largely due to a slowdown in the automotive sector and the timing of orders in the energy segment.

A major highlight for the quarter was a significant order intake in the defence vertical, positioning the company for accelerated growth in upcoming quarters. This momentum is expected to be supported by heightened procurement activities in Indian defence and increased demand from global original equipment manufacturers (OEMs).

Future Outlook

On the strategic outlook for the business, Dr. Sampath Ravinarayanan, Chairman said, “It has now been nearly six months since I resumed the role of Chairman of your esteemed company. During this period, we have embarked upon a series of strategic initiatives designed to accelerate sustainable growth and position our organization for long-term success. We have set an ambitious target of achieving over 40% year-on-year growth across our core business domains.”

He further added, “Our Power 930 Plan, aimed at achieving Rs. 9,000 Crore (1 Billion USD) in revenue by Fiscal 2030, is now underway. I am pleased to inform you that dedicated leadership teams are now in place to oversee the implementation of these initiatives. This proven leadership group shares a unified vision and is deeply committed to realizing our collective objectives.”

AXISCADES Share Price Performance

On August 8, 2025, AXISCADES share price (NSE: AXISCADES) opened at ₹1,330.00, down from its previous close of ₹1,363.20. At 9:55 AM, the share price of AXISCADES was trading at ₹1,295.10, down by 5% on the NSE.

Also Read: AXISCADES Bags ₹223.95 Crore Indian Army Deal for 50-Ton Tank Transporters!

Conclusion

AXISCADES has delivered its Q1 FY26 performance, driven by growth in defence, aerospace, and ESAI verticals. While non-core segments faced headwinds, the company’s strategic focus on high-growth, high-margin domains and substantial defence order wins set a positive tone for the remainder of FY26.

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