India · Delayed Price · Currency is INR AXISCADES Technologies Earnings Call Transcripts
Fiscal Year 2027
-
Record Q1 revenue accompanied a reported loss as divestment and transition costs overlapped. Guidance remains INR 1,377 crore FY27 revenue and INR 270 crore EBITDA, with proceeds earmarked for manufacturing and acquisitions.
Fiscal Year 2026
-
FY 2026 revenue and EBITDA grew, but Q4 deferrals, restructuring and tax effects weighed on reported PAT. FY 2027 visibility is supported by deferred orders and a sharper core portfolio, with execution, acceptance and acquisition timing key.
-
Q3 revenue rose 25% YoY and EBITDA 55%, with record 18.3% EBITDA margin; adjusted PAT was INR 35 crore. Management reiterated 40%+ core growth targets for FY26–27 while investing in manufacturing and product-led capacity.
-
Q2 EBITDA rose 41.5% YoY and PAT rose 89%; management reaffirmed 45% FY26 core growth and EBITDA growth targets. Facility investment, partnerships and defense demand underpin the longer-term Power930 plan, while ESAI and relocation may temper near-term execution.
-
Q1 FY26 revenue rose 9% YoY and PAT 25%, with core revenue up 17% and core EBITDA margin at 18.6%. Management expects H2 acceleration and targets ~25% FY26 revenue growth, backed by order visibility and infrastructure expansion.
Fiscal Year 2025
-
FY25 revenue reached INR 1,031 crore, with growth led by core aerospace, defense and ESAI. FY26 priorities include strong EBITDA growth, product-led expansion and major facility investment, while non-core businesses remain under pressure.
-
Q3 revenue rose 18.4% YoY and EBITDA 36.9%, with core domains leading growth and margins. FY26 priorities include 1.5x FY25 EBITDA and at least 300 bps of margin improvement, supported by planned facilities investment.
-
Q2 revenue grew 5.1% YoY, led by aerospace and defense, while automotive weakness constrained margins. H2 is expected to outperform H1; defense expansion is a strategic ambition, while FY26 targets are being reassessed.
-
Q1 EBITDA was ₹31 crore and PAT ₹17 crore, while aerospace and defense remain the principal growth drivers. Management expects FY25 to track plan, with defense production and cost improvements supporting stronger performance later in the year.
Fiscal Year 2024
-
FY 2024 revenue rose 17%, while normalized EBITDA margin narrowed amid investment and one-time costs. Management expects FY 2025 growth to exceed industry levels, with recovery weighted to the second half and debt reduction lowering finance costs.
-
9M revenue grew 18% and PAT returned to profit, while margin pressure reflected acquisitions, defense mix and digital investment. A successful QIP will reduce debt as aerospace, automotive and energy drive diversification.
-
Q2 revenue hit a record ₹252 crore, up 30% YoY, with growth across aerospace, defense, automotive and energy. Margins faced investment and operating-cost pressure; management targets 18% EBITDA margin within two to three financial years.
-
Q1 FY24 revenue rose 17% YoY and EBITDA 45%, with margin at 15.4%. Growth opportunities include defense production, aerospace, automotive and energy, while refinancing is expected to lower quarterly finance costs from Q2.