AXISCADES Technologies Limited

AXISCADES Technologies Limited (AXISCADES) is a small-cap Capital Goods company valued at ₹9,001 crore operating in Aerospace & Defense on the NSE and BSE.

Recent price move

AXISCADES Technologies Limited last traded at ₹2,122.1, sharply up 5.03% on the day.

Recent developments

On September 29, 2026, Axiscades Tech shares hit a 10% upper circuit due to a block deal in a defence firm, marking its largest single-day gain since July 2024. On September 11, 2026, the company completed the acquisition of 90% of Cloud Wave Technologies Private. On August 26, 2026, the company highlighted its target for over 75% defence revenue growth in FY27, backed by a ₹4,557 crore assured pipeline.

Financial performance

The company's annual revenue rose 12.4% year-over-year, but net profit fell 3.9% despite a 12.1% three-year revenue CAGR. The latest quarter saw revenue surge 95.1% compared to the same quarter a year earlier, but net profit swung to a loss of ₹15 crore from a profit of ₹21 crore.

Valuation multiples

The stock trades at 125.4 times earnings, 10.92 times book value.

Things to watch

The company's net profit margin fell 1.1 percentage points to 6.2%, and the latest quarter ended with a net loss of ₹15 crore. Promoter shares pledged amount to 9.53% of their holding, and the stock is 1.8% below its 52-week high.

Where it stands

Axiscades Tech's revenue growth has outpaced profit growth, with the latest quarter showing a sharp swing to a loss. The company's promoter holding remains at 58.03%, but a significant portion is pledged. The stock's recent surge on a block deal highlights short-term momentum, but the lack of dividend payouts and margin pressures present key challenges.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.