Want to see IN:AXISCADES full AI Analyst Report?
Top Page
AXISCADES Technologies Ltd.
(AXISCADES)
Select Model
Select Model
Rating:59Neutral
Price Target:
₹2,329.00
▲(44.94% Upside)
Action:Reiterated
Date:10/01/26
The score is held back primarily by weak FY2026 cash generation (negative operating and free cash flow) and a very expensive valuation (P/E ~261). These risks are partially offset by improving profitability and revenue trends and a strong technical uptrend, though overbought indicators suggest higher near-term volatility.
Positive Factors
Steady Revenue Growth
Sustained revenue expansion indicates continuing demand for AXISCADES’ engineering and technology services across customer product lifecycles. Growth provides a foundation for operating leverage, supports investment in technical capabilities, and can deepen repeat enterprise relationships over the next several quarters.
Negative Factors
Negative FY2026 Cash Flow
The sharp deterioration in cash conversion is a significant threat to earnings quality and financial flexibility. Negative operating and free cash flow can increase reliance on funding, constrain investment choices, and create execution pressure even while reported profitability remains positive.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth
Sustained revenue expansion indicates continuing demand for AXISCADES’ engineering and technology services across customer product lifecycles. Growth provides a foundation for operating leverage, supports investment in technical capabilities, and can deepen repeat enterprise relationships over the next several quarters.
Read all positive factors
AXISCADES Technologies Ltd. (AXISCADES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹88.16B
Dividend YieldN/A
Average Volume (3M)11.51K
Price to Earnings (P/E)261.0
Beta (1Y)1.19
Revenue Growth4.54%
EPS Growth-53.90%
CountryIN
Employees3,131
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)8.55
Shares Outstanding42,533,490
10 Day Avg. Volume15,994
30 Day Avg. Volume11,507
Financial Highlights & Ratios
PEG Ratio-20.06
Price to Book (P/B)8.85
Price to Sales (P/S)5.55
P/FCF Ratio-42.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)38.5
Revenue Forecast (FY)₹13.21B
AXISCADES Technologies Ltd. Business Overview & Revenue Model
Company Description
Axiscades Technologies Limited is an international firm specializing in integrated engineering, product design, and research and development services, operating across Europe, North America, and the Asia-Pacific regions. The company provides an ex...
How the Company Makes Money
AXISCADES primarily makes money by providing engineering services to enterprise customers under contract-based engagements. Revenue is largely generated through (a) time-and-materials (T&M) billing where customers pay for engineering effort based ...
AXISCADES Technologies Ltd. Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
64
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.99B | 11.59B | 10.31B | 9.55B | 8.14B | 6.08B |
| Gross Profit | 5.94B | 3.22B | 8.17B | 7.70B | 5.94B | 4.89B |
| EBITDA | 1.53B | 1.78B | 1.59B | 1.43B | 800.20M | 779.99M |
| Net Income | 363.37M | 719.18M | 749.39M | 328.08M | -52.33M | 222.33M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 14.66B | 11.27B | 11.39B | 9.04B | 7.94B |
| Cash, Cash Equivalents and Short-Term Investments | 497.78M | 497.78M | 2.18B | 1.68B | 1.29B | 775.14M |
| Total Debt | 0.00 | 3.88B | 2.58B | 3.19B | 3.46B | 720.57M |
| Total Liabilities | -7.34B | 7.32B | 4.71B | 5.47B | 5.61B | 4.58B |
| Stockholders Equity | 7.34B | 7.28B | 6.49B | 5.85B | 3.38B | 3.31B |
Cash Flow | ||||||
| Free Cash Flow | -124.59M | -1.53B | 504.47M | 585.83M | 597.55M | 175.61M |
| Operating Cash Flow | 136.10M | -181.56M | 883.42M | 789.34M | 706.37M | 311.78M |
| Investing Cash Flow | 208.21M | -757.17M | 86.37M | -1.63B | -2.01B | 295.80M |
| Financing Cash Flow | -519.35M | 594.35M | -995.28M | 638.82M | 1.33B | -423.01M |
AXISCADES Technologies Ltd. Technical Analysis
Positive
1606.85
Price Trends
1686.83
Positive
1749.61
Positive
1611.72
Positive
Market Momentum
102.71
Negative
75.92
Negative
86.71
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AXISCADES, the sentiment is Positive. The current price of 1606.85 is below the 20-day moving average (MA) of 1853.88, below the 50-day MA of 1686.83, and below the 200-day MA of 1611.72, indicating a bullish trend. The MACD of 102.71 indicates Negative momentum. The RSI at 75.92 is Negative, neither overbought nor oversold. The STOCH value of 86.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AXISCADES.
AXISCADES Technologies Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹174.49B | 22.19 | ― | 1.61% | 16.30% | 41.66% | |
67 Neutral | ₹92.49B | 24.11 | ― | 3.84% | 10.62% | 8.14% | |
62 Neutral | ₹5.16T | 28.84 | ― | 1.01% | 9.78% | 13.15% | |
59 Neutral | ₹88.16B | 260.96 | ― | ― | 4.54% | -53.90% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | ₹96.21B | 21.02 | ― | 1.62% | -9.92% | -21.60% | |
49 Neutral | ₹100.86B | 18.14 | ― | 1.46% | 5.14% | -9.35% |
* General Sector Average
IN:AXISCADES
AXISCADES Technologies Ltd.
2,228.35
602.90
37.09%
IN:ENGINERSIN
Engineers India Limited
309.80
112.26
56.83%
IN:IRCON
IRCON International Ltd.
117.05
-54.23
-31.66%
IN:KEC
KEC International Ltd.
377.50
-466.38
-55.27%
IN:LT
Larsen & Toubro Limited
3,755.10
120.45
3.31%
IN:RITES
RITES Ltd.
209.35
-33.54
-13.81%
AXISCADES Technologies Ltd. Corporate Events
AXISCADES Files AGM Voting Results and Scrutinizer Report with Exchanges
Sep 29, 2026
AXISCADES Technologies Ltd. has reported to the BSE and NSE the voting results and scrutinizer’s report for its 36th Annual General Meeting held on 28 September 2026, in compliance with Regulation 44 of SEBI’s Listing Obligations and D...
AXISCADES conducts 36th AGM via virtual platform, underscores governance focus
Sep 28, 2026
AXISCADES Technologies Limited held its 36th Annual General Meeting on September 28, 2026, conducted via video conferencing and other audio-visual means in compliance with the Companies Act, MCA and SEBI circulars. The meeting was attended by the ...
AXISCADES buys Cloud Wave to turbocharge aerospace manufacturing push
Aug 30, 2026
AXISCADES Technologies has approved the acquisition of a majority stake in Bengaluru-based Cloud Wave Technologies at an enterprise valuation of about INR 260 crore, subject to final adjustments. The deal immediately adds precision manufacturing c...
AXISCADES Schedules Bengaluru Meet with Institutional Investors
Jul 12, 2026
AXISCADES Technologies has announced that its representatives will meet institutional investors and fund managers in a group meeting scheduled in Bengaluru on 15 July 2026. The company has clarified that the meeting will adhere to regulatory requi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.