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AXISCADES
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Recent events
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News
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Corporate Actions
Axiscades Technologies Subsidiary Mistral And Altera Forge Strategic Alliance
March 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
SUBSIDIARY MISTRAL AND ALTERA FORGE STRATEGIC ALLIANCE
PARTNERSHIP FOR HIGH-PERFORMANCE AEROSPACE AND DEFENSE COMPUTING
MISTRAL UNVEILS SOSA-ALIGNED 3U VPX PROCESSING ENGINES
Source text: ID:nBSE1s2PXJ
Further company coverage: AXIT.NS
(([email protected];;))
March 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
SUBSIDIARY MISTRAL AND ALTERA FORGE STRATEGIC ALLIANCE
PARTNERSHIP FOR HIGH-PERFORMANCE AEROSPACE AND DEFENSE COMPUTING
MISTRAL UNVEILS SOSA-ALIGNED 3U VPX PROCESSING ENGINES
Source text: ID:nBSE1s2PXJ
Further company coverage: AXIT.NS
(([email protected];;))
Axiscades Technologies Names Sampath Ravinarayanan As Chairman
Jan 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - NAMES SAMPATH RAVINARAYANAN AS CHAIRMAN
Source text: ID:nBSE7VQfch
Further company coverage: AXIT.NS
(([email protected];))
Jan 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - NAMES SAMPATH RAVINARAYANAN AS CHAIRMAN
Source text: ID:nBSE7VQfch
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Appoints Alfonso Martinez Fernandez As Group CEO And MD
Jan 15 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - APPOINTS ALFONSO MARTINEZ FERNANDEZ AS GROUP CEO AND MD
Source text: [ID:]
Further company coverage: AXIT.NS
(([email protected];))
Jan 15 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - APPOINTS ALFONSO MARTINEZ FERNANDEZ AS GROUP CEO AND MD
Source text: [ID:]
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Says Arun Krishnamurthi Resigns As CEO, MD
Jan 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - ARUN KRISHNAMURTHI RESIGNS AS CEO, MD
Source text: ID:nNSE8sKGyq
Further company coverage: AXIT.NS
(([email protected];))
Jan 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - ARUN KRISHNAMURTHI RESIGNS AS CEO, MD
Source text: ID:nNSE8sKGyq
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Announces Strategic Restructuring Of Its Defence-Focused Units
Dec 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
ANNOUNCES STRATEGIC RESTRUCTURING OF ITS DEFENCE-FOCUSED UNITS
RESTRUCTURING PROCESS INITIATED IN Q3 FY2025, SHOULD BE COMPLETED BY Q4FY25
UNIT ACAT'S OPERATIONS WILL BE INTEGRATED WITH UNIT MISTRAL
Source text: ID:nBSE3QZs68
Further company coverage: AXIT.NS
(([email protected];;))
Dec 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
ANNOUNCES STRATEGIC RESTRUCTURING OF ITS DEFENCE-FOCUSED UNITS
RESTRUCTURING PROCESS INITIATED IN Q3 FY2025, SHOULD BE COMPLETED BY Q4FY25
UNIT ACAT'S OPERATIONS WILL BE INTEGRATED WITH UNIT MISTRAL
Source text: ID:nBSE3QZs68
Further company coverage: AXIT.NS
(([email protected];;))
Axiscades Technologies Sept-Quarter Consol Total Net Profit 123 Million Rupees
Nov 12 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL NET PROFIT 123 MILLION RUPEES
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL INCOME 2.69 BILLION RUPEES
AXISCADES TECHNOLOGIES - APPROVED FUND RAISE FOR 500 MLN RUPEES
Source text: ID:nBSE2GQmDV
Further company coverage: AXIT.NS
(([email protected];))
Nov 12 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL NET PROFIT 123 MILLION RUPEES
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL INCOME 2.69 BILLION RUPEES
AXISCADES TECHNOLOGIES - APPROVED FUND RAISE FOR 500 MLN RUPEES
Source text: ID:nBSE2GQmDV
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies To Consider Partial Prepayment Of NCDs Of Co
Sept 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER PARTIAL PREPAYMENT OF NCDS OF CO
Source text for Eikon: ID:nBSE8fq3Dr
Further company coverage: AXIT.NS
(([email protected];;))
Sept 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER PARTIAL PREPAYMENT OF NCDS OF CO
Source text for Eikon: ID:nBSE8fq3Dr
Further company coverage: AXIT.NS
(([email protected];;))
Axiscades Technologies Unit Gets Long-Term Contract
Aug 20 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
UNIT GETS LONG-TERM CONTRACT
Source text for Eikon: ID:nBSE79qzrK
Further company coverage: AXIT.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Aug 20 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
UNIT GETS LONG-TERM CONTRACT
Source text for Eikon: ID:nBSE79qzrK
Further company coverage: AXIT.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Axiscades Technologies June-Qtr Consol Net Profit 170.7 Mln Rupees
Aug 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
JUNE-QUARTER CONSOL NET PROFIT 170.7 MILLION RUPEES
JUNE-QUARTER CONSOL TOTAL INCOME 2.34 BILLION RUPEES
Further company coverage: AXIT.NS
(([email protected];;))
Aug 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
JUNE-QUARTER CONSOL NET PROFIT 170.7 MILLION RUPEES
JUNE-QUARTER CONSOL TOTAL INCOME 2.34 BILLION RUPEES
Further company coverage: AXIT.NS
(([email protected];;))
Axiscades Technologies' Unit Secures 900 Million Rupees Order
May 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - AXISCADES' SUBSIDIARY MISTRAL SECURES 900 MILLION RUPEES ORDER
AXISCADES TECHNOLOGIES LTD - ORDER FROM BEL FOR SUPPLY OF RADAR PROCESSING SYSTEMS
AXISCADES TECHNOLOGIES LTD - SYSTEMS WILL BE DELIVERED OVER A SPAN OF FOUR YEARS
Source text for Eikon: ID:nBSE6JwPf9
Further company coverage: AXIT.NS
(([email protected];))
May 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - AXISCADES' SUBSIDIARY MISTRAL SECURES 900 MILLION RUPEES ORDER
AXISCADES TECHNOLOGIES LTD - ORDER FROM BEL FOR SUPPLY OF RADAR PROCESSING SYSTEMS
AXISCADES TECHNOLOGIES LTD - SYSTEMS WILL BE DELIVERED OVER A SPAN OF FOUR YEARS
Source text for Eikon: ID:nBSE6JwPf9
Further company coverage: AXIT.NS
(([email protected];))
India's AXISCADES Technologies drops as expenses dent Q4 profit
** Shares of AXISCADES Technologies AXIT.NS down 10.6% at 545 rupees
** Technology services provider on Monday reported 45.3% Y/Y fall in Q4 profit as total expenses surged
** Rev from ops grew 14.5%, while total expenses grew 22.6% due to higher employee expenses
** Co on Tuesday said demand slowdown in a large OEM may have a possible impact in its automotive revenues in H1 FY25
** More than 334,000 shares traded in busiest session since early-April; vols at 5.8x of 30-day avg
** Stock fell 13.22% in March quarter, its biggest quarterly fall since March 2021
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of AXISCADES Technologies AXIT.NS down 10.6% at 545 rupees
** Technology services provider on Monday reported 45.3% Y/Y fall in Q4 profit as total expenses surged
** Rev from ops grew 14.5%, while total expenses grew 22.6% due to higher employee expenses
** Co on Tuesday said demand slowdown in a large OEM may have a possible impact in its automotive revenues in H1 FY25
** More than 334,000 shares traded in busiest session since early-April; vols at 5.8x of 30-day avg
** Stock fell 13.22% in March quarter, its biggest quarterly fall since March 2021
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Axiscades Technologies Approves Proposal Of Sale Of Office Property In Uttar Pradesh
March 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - APPROVED A PROPOSAL OF SALE OF OFFICE PROPERTY IN UTTAR PRADESH
AXISCADES TECHNOLOGIES LTD - DISPOSAL OF THE BUILDING IS EXPECTED TO RESULT IN SAVINGS IN OPERATIONAL AND FINANCE COSTS
Source text for Eikon: ID:nBSE6zlDrP
Further company coverage: AXIT.NS
(([email protected];;))
March 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - APPROVED A PROPOSAL OF SALE OF OFFICE PROPERTY IN UTTAR PRADESH
AXISCADES TECHNOLOGIES LTD - DISPOSAL OF THE BUILDING IS EXPECTED TO RESULT IN SAVINGS IN OPERATIONAL AND FINANCE COSTS
Source text for Eikon: ID:nBSE6zlDrP
Further company coverage: AXIT.NS
(([email protected];;))
Axiscades Technologies To Consider Fund Raising
Jan 11 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER FUND RAISING
Source text for Eikon: ID:nNSE3PZzrs
Further company coverage: AXIT.NS
(([email protected];))
Jan 11 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER FUND RAISING
Source text for Eikon: ID:nNSE3PZzrs
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Acquires Epcogen For Enhanced Energy Solutions
Dec 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
CO ACQUIRES EPCOGEN FOR ENHANCED ENERGY SOLUTIONS
Source text for Eikon: ID:nNSE3JSn9W
Further company coverage: AXIT.NS
(([email protected];))
Dec 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
CO ACQUIRES EPCOGEN FOR ENHANCED ENERGY SOLUTIONS
Source text for Eikon: ID:nNSE3JSn9W
Further company coverage: AXIT.NS
(([email protected];))
India's Axiscades Technologies Sept-Quarter Consol Net Profit Falls
Nov 8 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
INDIA'S AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL NET PROFIT 110.7 MILLION RUPEES VERSUS 209.8 MILLION RUPEES
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL INCOME 2.54 BILLION RUPEES VERSUS 2 BILLION RUPEES
Source text for Eikon: ID:nNSE8t22zv
Further company coverage: AXIT.NS
(([email protected];))
Nov 8 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
INDIA'S AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL NET PROFIT 110.7 MILLION RUPEES VERSUS 209.8 MILLION RUPEES
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL INCOME 2.54 BILLION RUPEES VERSUS 2 BILLION RUPEES
Source text for Eikon: ID:nNSE8t22zv
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Says David Bradley Resigns As Chairman
Sept 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
DAVID BRADLEY RESIGNS AS CHAIRMAN, DIRECTOR OF CO
Source text for Eikon: ID:nBSEc27BmB
Further company coverage: AXIT.NS
(([email protected];))
Sept 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
DAVID BRADLEY RESIGNS AS CHAIRMAN, DIRECTOR OF CO
Source text for Eikon: ID:nBSEc27BmB
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Announces Strategic Transformative Industry 4.0 Partnership with Cantier
Sept 12 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES AND CANTIER ANNOUNCE STRATEGIC TRANSFORMATIVE INDUSTRY 4.0 PARTNERSHIP
Source text for Eikon: ID:nNSE9QX2n9
Further company coverage: AXIT.NS
(([email protected];))
Sept 12 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES AND CANTIER ANNOUNCE STRATEGIC TRANSFORMATIVE INDUSTRY 4.0 PARTNERSHIP
Source text for Eikon: ID:nNSE9QX2n9
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Acquires 94% Stake In Add Solution GmbH Upon Payment Of Phase I Consideration Of Euro 5 Million
Aug 18 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
ACQUIRED 94% STAKE IN ADD SOLUTION GMBH UPON PAYMENT OF PHASE I CONSIDERATION OF EURO 5 MILLION
ADD SOLUTION GMBH HAS BECOME A UNIT OF AXISCADES GMBH AND A STEP-DOWN UNIT OF CO
Source text for Eikon: ID:nBSEb25y80
Further company coverage: AXIT.NS
(([email protected];))
Aug 18 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
ACQUIRED 94% STAKE IN ADD SOLUTION GMBH UPON PAYMENT OF PHASE I CONSIDERATION OF EURO 5 MILLION
ADD SOLUTION GMBH HAS BECOME A UNIT OF AXISCADES GMBH AND A STEP-DOWN UNIT OF CO
Source text for Eikon: ID:nBSEb25y80
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies Says Unit Got Stay From High Court Of Karnataka With Respect To Proceedings Initiated By Income Tax Department
July 20 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
UNIT GOT STAY FROM HIGH COURT OF KARNATAKA WITH RESPECT TO PROCEEDINGS INITIATED BY INCOME TAX DEPARTMENT
Source text for Eikon: ID:nNSE30zVjV
Further company coverage: AXIT.NS
(([email protected];))
July 20 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
UNIT GOT STAY FROM HIGH COURT OF KARNATAKA WITH RESPECT TO PROCEEDINGS INITIATED BY INCOME TAX DEPARTMENT
Source text for Eikon: ID:nNSE30zVjV
Further company coverage: AXIT.NS
(([email protected];))
India's AXISCADES Technologies hits record after debt refinancing
** Shares of AXISCADES Technologies AXIT.NS rise as much as 5% to a record high of 475.75 rupees
** Stock on track for third consecutive session of gains, if trends hold
** Co says it has completed refinancing of its 2.10 bln rupees ($25.62 mln) debt borrowed for Mistral acquisition
** Re-financing will bring down interest cost of co by ~400+ basis points per annum, adds co
** Share price above 50-day, 100-day and 200-day exponential moving averages since Apr. 26, suggesting bullish trend
** AXIT's relative strength index above 70, indicating it is overbought
** AXIT operates in the business of engineering design services and strategic technology solutions
** One analyst covering stock have a "hold" rating; median PT is 387 rupees - Refinitiv data
** Stock up 52.05% YTD, as of last close
($1 = 81.9700 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of AXISCADES Technologies AXIT.NS rise as much as 5% to a record high of 475.75 rupees
** Stock on track for third consecutive session of gains, if trends hold
** Co says it has completed refinancing of its 2.10 bln rupees ($25.62 mln) debt borrowed for Mistral acquisition
** Re-financing will bring down interest cost of co by ~400+ basis points per annum, adds co
** Share price above 50-day, 100-day and 200-day exponential moving averages since Apr. 26, suggesting bullish trend
** AXIT's relative strength index above 70, indicating it is overbought
** AXIT operates in the business of engineering design services and strategic technology solutions
** One analyst covering stock have a "hold" rating; median PT is 387 rupees - Refinitiv data
** Stock up 52.05% YTD, as of last close
($1 = 81.9700 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Axiscades Technologies Completed Re-Financing Of Existing Debt Of 2.1 Bln Rupees Borrowed For Mistral Acquisition
June 26 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
COMPLETED RE-FINANCING OF EXISTING DEBT OF 2.1 BILLION RUPEES BORROWED FOR MISTRAL ACQUISITION
Source text for Eikon: ID:nBSE1ggwfk
Further company coverage: AXIT.NS
(([email protected];))
June 26 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
COMPLETED RE-FINANCING OF EXISTING DEBT OF 2.1 BILLION RUPEES BORROWED FOR MISTRAL ACQUISITION
Source text for Eikon: ID:nBSE1ggwfk
Further company coverage: AXIT.NS
(([email protected];))
India's Axiscades Technologies March-Quarter Consol Profit Rises
May 25 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
INDIA'S AXISCADES TECHNOLOGIES LTD MARCH-QUARTER CONSOL PROFIT 160.4 MILLION RUPEES VERSUS PROFIT 106.5 MILLION RUPEES
AXISCADES TECHNOLOGIES LTD MARCH-QUARTER CONSOL TOTAL INCOME 2.27 BILLION RUPEES VERSUS 1.96 BILLION RUPEES
Source text for Eikon: ID:nBSE4f4mpN
Further company coverage: AXIT.NS
(([email protected];))
May 25 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
INDIA'S AXISCADES TECHNOLOGIES LTD MARCH-QUARTER CONSOL PROFIT 160.4 MILLION RUPEES VERSUS PROFIT 106.5 MILLION RUPEES
AXISCADES TECHNOLOGIES LTD MARCH-QUARTER CONSOL TOTAL INCOME 2.27 BILLION RUPEES VERSUS 1.96 BILLION RUPEES
Source text for Eikon: ID:nBSE4f4mpN
Further company coverage: AXIT.NS
(([email protected];))
Axiscades Technologies To Consider Issue Of Non-Convertible Debentures For Upto 2.1 Bln Rupees
May 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER FUND RAISING VIA ISSUANCE OF NON-CONVERTIBLE DEBENTURES FOR UPTO 2.1 BILLION RUPEES
Source text for Eikon: ID:nBSE3LLvxK
Further company coverage: AXIT.NS
(([email protected];))
May 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER FUND RAISING VIA ISSUANCE OF NON-CONVERTIBLE DEBENTURES FOR UPTO 2.1 BILLION RUPEES
Source text for Eikon: ID:nBSE3LLvxK
Further company coverage: AXIT.NS
(([email protected];))
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Popular questions
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What does Axiscades Tech. do?
Axiscades Engineering Technologies Limited offers innovative and sustainable engineering solutions to fortune 100 clients across various sectors, focusing on delivering business value throughout the engineering lifecycle.
Who are the competitors of Axiscades Tech.?
Axiscades Tech. major competitors are Tata Elxsi, Data Patterns (I), KPIT Technologies, Astra Microwave Prod, Datamatic Global Ser, Cigniti Technologies, 63 Moons Tech.. Market Cap of Axiscades Tech. is ₹3,591 Crs. While the median market cap of its peers are ₹7,279 Crs.
Is Axiscades Tech. financially stable compared to its competitors?
Axiscades Tech. seems to be less financially stable compared to its competitors. Altman Z score of Axiscades Tech. is 6.15 and is ranked 8 out of its 8 competitors.
Does Axiscades Tech. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Axiscades Tech. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Axiscades Tech. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Axiscades Tech. balance sheet?
Balance sheet of Axiscades Tech. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Axiscades Tech. improving?
Yes, profit is increasing. The profit of Axiscades Tech. is ₹52.8 Crs for TTM, ₹32.81 Crs for Mar 2024 and -₹5.23 Crs for Mar 2023.
Is the debt of Axiscades Tech. increasing or decreasing?
Yes, The debt of Axiscades Tech. is increasing. Latest debt of Axiscades Tech. is ₹90.74 Crs as of Sep-24. This is greater than Mar-24 when it was -₹67.23 Crs.
Is Axiscades Tech. stock expensive?
Axiscades Tech. is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Axiscades Tech. is 67.89, while 3 year average PE is 68.45. Also latest EV/EBITDA of Axiscades Tech. is 26.78 while 3yr average is 11.29.
Has the share price of Axiscades Tech. grown faster than its competition?
Axiscades Tech. has given better returns compared to its competitors. Axiscades Tech. has grown at ~75.61% over the last 3yrs while peers have grown at a median rate of 29.12%
Is the promoter bullish about Axiscades Tech.?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Axiscades Tech. is 59.49% and last quarter promoter holding is 59.56%
Are mutual funds buying/selling Axiscades Tech.?
The mutual fund holding of Axiscades Tech. is decreasing. The current mutual fund holding in Axiscades Tech. is 0.85% while previous quarter holding is 2.84%.