AXISCADES Technologies Reports Strong Q3 FY25 Performance, EBITDA Jumps 37% YoY

Bengaluru, January 31, 2025 – AXISCADES Technologies Limited (NSE: AXISCADES, BSE: 532395) has reported a robust performance for the third quarter of FY25, demonstrating strong growth across its core business segments.

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Key Financial Highlights (Q3 FY25)​

The company saw a significant rise in profitability, driven by operational efficiency and higher contributions from its core business segments: Aerospace, Defence, and Electronics, Semiconductor & AI (ESAI).

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Business Segment Performance​

Core Domains (72% of revenue, 99% of EBITDA)​

• Aerospace revenue grew 11% YoY and QoQ, benefiting from new business acquisitions.
• Defence revenue surged 88% YoY and 10% QoQ, solidifying its stronghold in the segment.
• ESAI reported strong growth, maintaining high margins.

Non-Core Domains (28% of revenue, 1% of EBITDA)​

• Heavy Engineering and Auto segments saw a decline of 11% due to market slowdowns.
• The Energy sector, while profitable, saw revenue fluctuations due to order timing.

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Strategic Growth Initiatives​

AXISCADES continues its transformation into a product-driven, non-linear growth enterprise, aligning with global technology trends. Key strategic investments include:

1. New Global Capability Center (GCC) for Unmanned Warfare (Electronic City, Bangalore) – Set to be commissioned by June 2025, focusing on Drone/Counter-Drone and Radar technologies.
2. ESAI Hub near Bangalore International Airport – A 180,000 sq. ft. facility under development, enhancing the company’s electronics and semiconductor capabilities.
3. Defence & Aerospace Cluster (20.70 acres near KIADB Aerospace SEZ) – Showcasing India's Atmanirbharvision, planned for Aero India 2025.

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Leadership Commentary​

Dr. Sampath Ravinarayanan, Chairman, emphasized the company’s commitment to core domains, stating:

"99% of our EBITDA comes from Aerospace, Defence, and ESAI, reinforcing our focus on high-value technology-driven solutions."

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Mr. Alfonso Martinez, CEO & MD, highlighted the company’s transition from a service-oriented to a product-driven model:

"Our strategy is focused on sustainable, non-linear growth, ensuring long-term value creation for stakeholders."

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Investor Insights & Outlook​

• AXISCADES is targeting 50% growth in core domains by FY26.
• EBITDA margins expected to improve by 300 bps over the next year.
• Shareholding remains strongly promoter-driven (59.6%), with growing FII (36.1%) participation.

With a solid order book and strategic recalibration, AXISCADES is well-positioned for sustained growth in Aerospace, Defence, and ESAI markets.