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Not investment advice. Data and computed figures, for information only.

AXISCADES Technologies Ltd

NSE: AXISCADES
₹2,116.00
+₹95.50 (+4.73%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹8,857 Cr
CMP
₹2,116.00
52-wk High / Low
₹2,360 / 1,063
P/E
270.0
P/B
12.2
Book Value
₹171.0
Div Yield
0.00%
ROCE
15.0%
ROE
11.5%
Face Value
₹5
D/E
0.53

Price+329.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹255
√(22.5 × EPS × book value per share)
ROIC
7.6%
vs 12.3% sector median
Cash flow to profit
−0.01
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−253
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.5%
ROE × earnings retention ratio
ROE stability
4.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.02FII +0.29DII +0.33
Latest quarter vs the previous one
Cash-accrual divergence
5.6%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.3x)
+FII holding rose by 1.4pp over the last year
Watch-outs
−Latest ROCE of 15% trails the sector median of 19%
−Borrowings are up 1337.0% since FY2016 (27 to 388)
−Annualised volatility of 101.0% is in the high band (≥45%)
−Promoter holding fell by 8.2pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales21525223225622426527526894299343109183
Expenses18121620222319223123423188252280109175
Operating Profit34373032313340377476309
OPM %15.8%14.7%12.9%12.5%13.8%12.5%14.5%13.8%7.4%15.7%18.4%0.0%4.9%
Other Income212510412276−620−5
Interest20121213897867799
Depreciation79810910111051011109
Profit before tax8181116241923212336391−14
Net Profit61189171215322123280−15
EPS (₹)1.472.881.932.084.072.913.497.244.885.426.520.10−3.49

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3183754875196086735246108229551,0311,159934
Expenses276322448501595580459539675826886981816
Operating Profit4254391813936572146129144178119
OPM %13.2%14.4%8.0%3.5%2.1%13.8%12.4%11.8%17.8%13.5%14.0%15.4%12.7%
Other Income−131512248−267−6216161215
Interest321314253024173758343232
Depreciation9101219203326252734404440
Profit before tax294529−3−838−103721538811462
Net Profit202915−8−830−2123−533757236
EPS (₹)7.1410.513.74−2.18−2.157.88−5.745.86−1.377.8217.6316.928.55

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital141419191919191919212121—
Reserves112144283273266296280312319564628706—
Borrowings26278113815217210472346319258388—
Other Liabilities365877328337375340392222231216348—
Total Liabilities1882434597587748627427969061,1351,1231,463—
Fixed Assets4948159344339355288286312414398459—
CWIP0160110000853—
Investments00063034501933376017—
Other Assets139195294407404473404491560685658934—
Total Assets1882434597587748627427969061,1351,1231,463—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity31319−38376512231717988−1
Cash from Investing Activity−9−201−32−13−2−2130−199−1628−71
Cash from Financing Activity−9−1247−7−48−93−4213364−10038
Net Cash Flow131012−2317148184−19−3−35

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %24.028.014.04.01.015.012.014.023.014.014.015.0
ROE %———————————11.5
EPS (₹)7.1410.513.74−2.18−2.157.88−5.745.86−1.377.8217.6316.92
Book Value (₹)———————————171.0
Face Value (₹)———————————5
P/E———————————270.0
Div Yield %———————————0.00
NPM %6.37.73.0−1.5−1.34.4−4.23.7−0.73.47.26.1
OPM %13.014.08.03.52.214.012.012.018.014.014.015.0
D/E0.210.170.270.470.530.550.350.221.020.550.400.53
P/B———————————12.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+12.0%
5 years+17.0%
3 years+12.0%
TTM+4.0%
Compounded profit growth
10 years+11.0%
5 years+21.0%
3 years+64.0%
TTM−47.0%
Stock price CAGR
10 years+26.0%
5 years+91.0%
3 years+55.0%
Last year+25.0%
Return on equity
10 years6.0%
5 years7.0%
3 years11.0%
Last year11.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters66.06%66.06%66.06%66.65%67.95%67.95%67.67%66.18%60.30%59.49%58.05%58.03%
FIIs1.48%1.48%0.16%0.00%0.00%0.00%0.02%0.08%0.38%0.69%1.16%1.45%
DIIs0.29%0.29%0.24%0.12%0.00%0.00%0.00%0.00%8.56%2.03%1.63%1.96%
Government————————————
Public32.17%32.17%33.53%33.23%32.05%32.05%32.31%33.73%30.77%37.80%39.15%38.56%
No. of shareholders18,65718,65717,45417,56916,31417,04218,25315,25719,14437,66543,90846,002
Change since Jun 2023 (pp)
Promoters −8.03FIIs −0.03DIIs +1.67Public +6.39

Documents

As of 11 Oct 2026
Announcements
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.Announcement under Regulation 30 (LODR)-AcquisitionAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseDisclosure Under Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015Announcement under Regulation 30 (LODR)-Restructuring
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJun 2026TranscriptJun 2026PPTJun 2026TranscriptJun 2026PPTJun 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman