AXISCADES Technologies Limited

NSE: AXISCADES · Capital Goods

₹1,780.20-5.70%06 Nov 2026

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Instant answers about AXISCADES Technologies Limited — computed from its filings, no language model

Market cap₹7,577 cr

Current price₹1,780.20

High / Low₹2,307 / ₹1,101

P/E208.5

P/B10.41

Book value₹170.9

ROE5.0%

ROCE11.1%

Debt / equity0.38

Dividend yield—

EPS (TTM)₹8.54

Face value₹5

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	519	604	673	524	610	822	952	1,031	1,159
EBITDA	18	9	92	64	71	146	130	142	178
Operating margin	3.4%	1.4%	13.6%	12.2%	11.6%	17.7%	13.7%	13.8%	15.3%
Interest	14	24	28	22	16	36	56	32	31
Depreciation	19	20	33	26	25	27	34	40	44
Profit before tax	-3	-8	38	-11	37	21	53	88	114
Tax	5	-1	8	11	14	26	20	12	42
Net profit	0	-8	30	-22	22	-5	33	75	72
EPS ₹	-2.18	-2.15	7.87	-5.74	5.86	-1.37	8.40	17.76	16.92
Operating cash flow	—	—	—	—	31	71	79	88	-1
Capex	—	—	—	—	14	11	20	38	133
Dividend paid	—	—	—	—	0	0	0	0	0
Total assets	—	—	—	—	—	904	1,139	1,127	1,466
Equity	—	—	—	—	—	338	585	649	728

Quarterly performance

last 32 quarters · ₹ crore

showing latest 8 of 32 periods

	MAR '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	149	162	159	161	153	157	167	192	106	143	125	149	112	136	193	184	196	216	226	215	251	231	256	224	264	274	268	244	299	343	273	183
Operating profit	-7	-6	11	7	14	17	24	33	9	18	18	20	10	12	29	24	39	32	47	34	36	29	32	31	33	40	37	34	47	63	34	9
Operating margin	-4.8%	-4.0%	6.8%	4.4%	9.1%	10.6%	14.3%	17.3%	8.1%	12.4%	14.1%	13.4%	9.3%	8.5%	15.0%	12.9%	20.1%	14.8%	20.7%	15.8%	14.2%	12.6%	12.6%	14.0%	12.4%	14.6%	14.0%	14.0%	15.7%	18.3%	12.3%	4.7%
Other income	8	1	1	6	3	4	3	1	4	4	3	3	3	3	3	3	4	2	1	2	2	2	6	10	5	3	4	11	6	2	4	2
Interest	6	4	6	8	7	7	8	6	7	6	5	5	4	4	4	2	8	12	14	20	12	12	13	8	9	7	8	7	7	7	10	9
Depreciation	4	5	5	5	7	7	7	12	7	7	6	6	6	6	7	6	7	6	7	7	9	8	10	9	10	11	10	9	10	11	14	9
Profit before tax	-9	0	1	1	2	7	12	16	-0	-12	9	-8	3	5	19	-26	28	-8	27	8	18	11	16	24	19	23	21	28	36	39	11	-6
Tax	3	0	2	-1	1	2	4	0	1	3	4	3	2	2	8	5	7	2	11	3	6	3	7	7	6	8	-10	7	13	11	10	1
Net profit	0	-1	2	1	1	5	8	16	-1	-16	5	-11	1	3	11	-32	21	-10	16	6	11	7	9	17	12	15	31	21	23	28	0	-15
EPS ₹	-3.33	-0.01	-0.19	0.18	0.25	1.20	2.12	4.30	-0.26	-4.12	1.45	-2.81	0.32	0.70	2.78	-8.38	5.52	-2.72	4.17	1.47	2.89	1.93	2.11	4.07	2.93	3.50	7.24	4.88	5.42	6.52	0.10	-3.49
Revenue YoY	—	—	—	8.4%	—	-3.6%	4.9%	19.4%	-30.4%	-8.6%	-25.0%	-22.6%	5.5%	-5.3%	29.4%	64.3%	44.4%	—	17.3%	16.5%	28.5%	7.3%	13.1%	4.1%	5.1%	18.4%	4.8%	9.0%	13.1%	25.2%	1.9%	-24.8%
Profit YoY	—	—	—	—	—	—	405.0%	2323.9%	-203.2%	-442.5%	-31.6%	-165.5%	—	—	—	-2706.6%	688.7%	—	50.9%	—	-46.8%	—	-45.3%	204.3%	10.1%	99.3%	253.0%	21.6%	87.2%	87.2%	-98.6%	-171.5%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

AXISCADES Technologies Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	12	20	38	47	55	89	189	237	234
Operating profit	2	3	9	8	13	18	29	50	25
Operating margin	14.7%	15.7%	23.7%	17.3%	24.2%	20.8%	15.4%	21.1%	10.6%
Other income	1	0	—	3	—	1	1	1	6
Interest	0	1	2	2	1	1	2	2	1
Depreciation	1	1	1	1	2	4	8	9	10
Profit before tax	1	2	6	8	10	14	17	40	20
Tax	0	-0	0	0	2	2	6	13	7
Net profit	1	2	6	8	7	13	11	26	13

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	2	2	2	2	3	4	3	3	4	6	7	9	9	10	10	10	12	12	13	15	15	14	11	12	13	13	50	41	46	50	52	52	59	62	64	64	59	58	53	53	61	63
Operating profit	-0	-0	-0	0	0	1	0	-0	1	1	2	3	2	2	2	2	2	2	3	4	3	4	2	3	4	3	8	4	6	9	10	11	10	14	15	10	7	6	2	1	3	4
Operating margin	-27.0%	-5.1%	-10.4%	0.5%	16.1%	27.8%	7.0%	-10.9%	15.0%	19.2%	25.3%	31.2%	24.2%	18.0%	22.1%	17.6%	14.0%	14.2%	23.0%	25.0%	21.9%	28.7%	20.4%	27.8%	29.4%	22.3%	16.4%	10.7%	13.4%	17.4%	18.7%	21.3%	17.0%	22.9%	22.8%	15.8%	11.3%	9.7%	4.6%	2.7%	5.0%	6.9%
Other income	0	0	0	0	0	0	0	0	0	0	0	0	0	—	—	0	1	2	0	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	4	2	1	1
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	0	0	0	0	0	1	1	0	0	1	0	0	0	1	0	0	0	0	0	0	2
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	2	2	2	2	2	2	2	2	2	2	2	3	3	3	3	4
Profit before tax	-1	-0	-0	-0	0	1	0	-1	0	1	1	2	2	1	2	1	2	3	2	3	2	3	1	3	3	3	6	2	3	6	7	8	7	12	12	8	5	3	3	-2	-0	-1
Tax	0	0	0	0	0	0	0	0	0	-0	0	0	-0	0	0	0	0	0	0	1	1	1	0	1	1	0	-1	1	1	2	2	3	2	4	4	3	2	1	1	-1	-0	0
Net profit	-1	-0	-0	-0	0	1	-0	-1	0	1	1	2	2	1	2	1	2	3	2	2	2	2	1	2	2	2	7	2	2	4	5	5	5	8	8	5	3	2	2	-1	-0	-2
EPS ₹	-0.36	-0.20	-0.23	-0.11	0.19	0.46	-0.10	-0.25	0.21	0.35	0.59	1.05	0.82	0.50	0.75	0.54	0.82	1.31	1.12	1.14	0.85	1.11	0.61	0.84	1.08	1.12	3.33	0.75	0.63	1.34	1.66	2.01	1.69	3.04	2.92	1.95	1.19	0.57	0.61	-0.36	-0.03	-0.40
Revenue YoY	—	—	—	—	56.7%	110.1%	65.4%	49.3%	59.9%	53.5%	131.6%	174.7%	111.0%	65.5%	46.6%	18.9%	24.1%	29.1%	28.0%	44.6%	26.5%	13.1%	-14.7%	-15.1%	-10.7%	-4.3%	346.0%	225.0%	244.9%	280.4%	4.4%	28.2%	28.6%	23.1%	22.9%	23.4%	0.9%	-6.9%	-17.5%	-17.2%	3.3%	8.4%
Profit YoY	—	—	—	—	—	—	—	—	10.5%	-23.1%	—	—	288.1%	42.9%	26.1%	-48.6%	0.6%	162.0%	49.3%	110.2%	3.7%	-14.9%	-46.0%	-26.0%	27.1%	0.0%	449.6%	-10.1%	-22.7%	62.8%	-32.2%	261.6%	175.4%	128.1%	76.3%	-2.7%	-29.6%	-73.9%	-71.1%	-125.6%	-104.0%	-169.9%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 25 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	-3.3%	-1.6%	9.5%	6.2%	11.1%	5.6%	7.6%	7.5%	8.7%	11.5%	12.1%	12.9%	14.8%	9.9%	5.0%
ROCE	—	—	—	—	—	—	—	—	—	—	7.5%	8.7%	16.9%	14.3%	17.0%	13.3%	13.7%	14.1%	15.0%	14.3%	14.7%	16.2%	18.0%	14.4%	11.1%
Net margin	0.3%	1.2%	2.2%	4.4%	4.5%	1.3%	0.9%	-4.1%	-3.7%	-0.2%	-1.3%	-0.6%	3.8%	2.5%	4.3%	3.5%	4.6%	4.7%	5.2%	7.3%	7.5%	8.2%	8.9%	6.2%	3.3%
EBITDA margin	4.0%	7.7%	9.7%	13.1%	13.2%	13.7%	13.6%	12.2%	12.4%	11.4%	15.7%	17.2%	17.8%	16.3%	15.8%	13.8%	13.4%	12.9%	13.4%	13.8%	13.8%	14.6%	15.7%	15.3%	13.8%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.59	0.93	0.93	0.99	0.99	0.41	0.41	0.30	0.30	0.29	0.29	0.23	0.23	0.38	0.38
Interest coverage	1.20	1.41	1.76	2.35	2.27	1.60	1.54	0.52	0.65	1.55	1.50	1.59	2.03	1.79	2.11	1.94	2.55	2.70	3.25	3.71	3.89	4.69	5.25	4.67	3.44
Asset turnover	—	—	—	—	—	—	—	—	—	—	0.91	0.91	0.94	0.88	0.90	0.84	0.84	0.87	0.91	0.91	0.93	0.89	0.95	0.79	0.75

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	19	19	19	21	21	21	21	21
Other equity / reserves	304	319	341	564	586	628	672	706
Total equity	323	338	361	585	607	649	693	728
Borrowings	192	314	357	238	180	189	162	276
Current liabilities	416	357	324	345	364	290	339	543
Non-current liabilities	124	203	337	203	137	181	181	189
Total assets	868	904	1,028	1,139	1,115	1,127	1,220	1,466
Property, plant & equipment	56	57	69	69	80	82	83	92
Capital work-in-progress	0	0	0	—	0	0	4	44
Investments	20	33	40	37	44	60	33	17
Inventories	59	66	71	69	73	61	65	79
Receivables	197	179	222	234	253	302	346	411
Cash & equivalents	32	75	51	56	35	52	36	18

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	31	71	79	88	-1
Cash from investing	30	-201	-163	9	-71
Cash from financing	-42	133	64	-100	38
Capex	14	11	20	38	133
Free cash flow	18	60	59	50	-135
Dividends paid	0	0	0	0	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹92 cr6%

CWIP

₹44 cr3%

Investments

₹17 cr1%

Inventories

₹79 cr5%

Receivables

₹411 cr28%

Cash & equivalents

₹18 cr1%

Other assets

₹805 cr55%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
AXISCADES Technologies Limited	7,577	1,780.20	208.5	10.41	5.0%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-20.7%

6 months-16.5%

1 year+14.6%

3Y CAGR+49.5%

5Y CAGR+82.0%

10Y CAGR+23.9%

50-day avg₹1,916.20

200-day avg₹1,696.08

RSI (14)25

FAQs

What is the share price of AXISCADES Technologies Limited?

AXISCADES Technologies Limited (AXISCADES) closed at ₹1,780.20 on NSE on 06 Nov 2026.

What is the market cap of AXISCADES Technologies Limited?

₹7,577 crore at the latest close.

What is the P/E ratio of AXISCADES Technologies Limited?

208.5, on trailing-twelve-month earnings from its filings.

How fast is AXISCADES Technologies Limited growing?

AXISCADES Technologies Limited: revenue has compounded at 12.1% a year over three years. Latest-quarter revenue is down 24.8% year on year, profit down 171.5%.

How profitable is AXISCADES Technologies Limited?

On a trailing-twelve-month basis return on equity is 5.0%, return on capital employed 11.1%, operating margin 13.8%, net margin 3.3%.

How much debt does AXISCADES Technologies Limited have?

AXISCADES Technologies Limited is lightly geared: debt to equity is 0.38 with borrowings of ₹276 cr against cash of ₹18 cr (balance sheet of 2026-03-31). Operating profit covers interest 3.4 times.

Financials parsed from AXISCADES Technologies Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.