AXISCADES Technologies Ltd, a key engineering and technology company serving the aerospace, defence, semiconductors, electronics, and AI sectors, today announced its unaudited financial results for the quarter ended June 30, 2025. In the first quarter of FY26, AXISCADES Technologies Ltd recorded a 9% year-on-year growth in total revenue, driven primarily by strong performance across its core business verticals. The company reported a 17% increase in revenue within its key sectors, demonstrating the continued effectiveness of its strategic focus.
Among the core domains, the aerospace segment grew by 7%, reflecting consistent demand and project execution. The defence segment showed strong momentum, achieving a 22% increase, while the Electronics, Semiconductor, and AI (ESAI) division delivered the highest growth at 34%, compared to the same period last year.
The growth in the defence vertical was further supported by substantial new orders, aligned with increased procurement activity in both Indian defence establishments and international Original Equipment Manufacturers (OEMs). This demand signals long-term opportunities and positions the company to benefit from continued investments in the sector.
To support its evolving business model, AXISCADES is investing in new infrastructure and facilities. These investments are designed to enable a strategic transition from a services-only approach to a product-oriented business, fostering non-linear and scalable growth across multiple markets.
On the financial front, the company reported consolidated revenues of ₹244 crores for Q1FY26, marking a 9% rise from the previous year. In USD terms, revenue stood at $28.5 million, reflecting a 6% increase. EBITDA for the quarter was ₹34 crores, compared to ₹31 crores in Q1FY25. After excluding one-time income in the previous year, EBITDA grew by a substantial 86%.
The EBITDA margin remained stable at 14%, which represents a 582 basis point improvement compared to the adjusted EBITDA margin of 8.2% in Q1FY25. Profit after tax (PAT) rose to ₹21 crores, a 25% increase year-on-year, with PAT margins improving from 7.2% to 8.2%.
Chairman Dr Sampath Ravinarayanan outlined the company’s forward-looking strategy, emphasizing six key priorities: driving over 40% growth in core verticals, transitioning to a product-dominant revenue model, investing in advanced infrastructure, forming strategic international partnerships, discontinuing non-core or low-margin activities, and implementing the Power 930 Plan to reach ₹9,000 crores (USD 1 billion) in revenue by FY2030. Dedicated leadership teams have been established to guide these initiatives, with a focus on disciplined, long-term execution.
Alfonso Martinez, CEO & MD, commented on the quarterly performance “The Q1 results reflect a strong start to the year. Our order book and forward visibility for FY26 and beyond support our confidence in delivering over 40% revenue growth, with a focus on improving EBITDA margins to 19.5%. We are reviewing all underperforming areas and are committed to improving efficiency across operations. With continued discipline and customer focus, we expect to meet our growth and profitability targets for the year. We thank our shareholders and partners for their ongoing support.”
AXISCADES Technologies Ltd is an engineering solutions company delivering services and products across aerospace, defence, electronics, semiconductors, and AI. The company is headquartered in Bengaluru, India, with global delivery centres and partnerships serving clients worldwide.
