AXISCADES Technologies Limited has reported a significant increase in its financial performance for the fiscal year 2026. The company’s revenue from operations rose by 12.4% year-on-year to ₹1,159 crore, while EBITDA saw an impressive growth of 24.6%, reaching ₹178 crore. The EBITDA margin expanded by approximately 150 basis points to 15.3%, reflecting an improved business mix and operating leverage despite substantial portfolio actions and restructuring activities.
Profit before tax (PBT) increased by 36.5% year-on-year to ₹125 crore. After accounting for exceptional items, PBT stood at ₹114 crore, marking a 29.8% increase from the previous year. However, the reported profit after tax was ₹72 crore, slightly down from ₹75 crore in FY25. The normalised profit after tax, adjusted for exceptional items, was ₹83 crore, up 27.6% compared to the normalised PAT of ₹65 crore in FY25.
For the fourth quarter of FY26, revenue from operations was ₹273 crore, representing a 2.0% year-on-year increase. However, Q4 profitability was impacted by programme-linked revenue recognition moving into FY27 due to supply-chain and operational timing factors, as well as the impact of exceptional items recognised during the year. Despite these challenges, the underlying contract values remain intact, and customer relationships are unaffected.
During FY26, AXISCADES undertook a significant strategic restructuring, including the planned divestment of its Heavy Engineering, Energy, and Automotive Engineering Services practice to Akkodis. This move is part of the company’s transition from a services-led organisation to a more focused aerospace manufacturing and products-led platform. The core Aerospace, Defence, and ESAI businesses now contribute approximately 78% of the company’s revenue.
The company recorded 27 consolidated design/programme wins across various domains, including radar and electronic warfare, missile and countermeasure systems, aerospace design-to-build, platform electronics, and ESAI/deep-tech. These wins are expected to support future production opportunities and strengthen AXISCADES’ position in its core domains.
Looking ahead, AXISCADES enters FY27 with a sharper strategic focus, an expanded design-led programme pipeline, and capacity being built for higher-value manufacturing and integration. The company plans to continue executing its Power 930 roadmap with a focus on portfolio discipline, strategic partnerships, prudent capital allocation, and sustained margin improvement.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).