BPO/KPO company AXISCADES Technologies announced Q1FY26 results Consolidated revenues for Q1FY26 was at Rs 244 crore, reflecting a growth of 9% YoY. Typically, H1 represents around 35% of full year revenue, with 65% recorded in H2, in view of the majority of defence revenues executed in H2. In dollar terms, revenue for the quarter amounted to USD 28.5 million, growing 6% YoY. Reported EBITDA for the quarter was at Rs 34 crore, representing an increase of 9% over Rs 31 crore reported in Q1FY25. However, normalizing Q1FY25 EBITDA to Rs 18 crore for one time write backs, Q1FY26 EBITDA grew by 86%. EBITDA margin is at 14% for Q1FY26, same as PY, and better by 582bps when compared to normalized EBITDA of 8.2% in Q1FY25. Profit After Tax (PAT) of Rs 21 crore grew by 25%, with a margin of 8.2% for the quarter, compared to Rs 17 crore / 7.2% in Q1FY25. Sampath Ravinarayanan, Chairman, said: “It has now been nearly six months since I resumed the role of Chairman of your esteemed company. During this period, we have embarked upon a series of strategic initiatives designed to accelerate sustainable growth and position our organization for long-term success. I would like to highlight a few: We have set an ambitious target of achieving over 40% YoY growth across our core business domains. To drive non-linear growth, we are executing a strategic transition from a services-centric model to one focused on products and solutions, targeting a shift in our revenue mix to 20:80 services to product. We are investing in world-class infrastructure to support the development and delivery of these enhanced offerings. We have initiated the formation of mutually beneficial global partnerships in critical areas aligned with our strategic direction. We are rigorously reassessing activities that demonstrate stagnation or negative growth, or that no longer provide strategic value to the company. Our Power 930 Plan, aimed at achieving Rs. 9,000 Crore (1 Billion USD) in revenue by Fiscal 2030, is now underway. I am pleased to inform you that dedicated leadership teams are now in place to oversee the implementation of these initiatives. This proven leadership group shares a unified vision and is deeply committed to realizing our collective objectives. While we remain steadfast in our pursuit of delivering 40% growth in our core domains in the near term, we are simultaneously advancing the groundwork required for our broader transformation. As with any profound change, this process will take several quarters to mature, given the new pathways and teams involved. Alfonso Martinez; CEO & MD said: “In furtherance to robust performance in Q1 - our Orderbook and Forecast Visibility for FY26 and following years positions us for sustained and strong revenue growth of over 40%, with a targeted EBITDA margin of 19.5%. We are committed to topline growth of more than 25% and 300bps improvement in EBITDA for the current year. To further strengthen our business, we are actively reassessing and refocusing activities that are currently loss-making or operating at lower margins. We remain committed to delivering sustainable growth and long-term value for our shareholders and other stakeholders. Your continued trust and support are the foundation for our success, and I am confident that, together, we will achieve our ambitious goals in the years ahead.” Result PDF
BPO/KPO company AXISCADES Technologies announced Q3FY25 results Revenue Rs 274 crores; up 18.4% YoY and 3.7% QoQ. EBITDA at Rs 40 crores; up 36.9% YoY and 21.7% QoQ. EBITDA Margins at 14.6%; expanded 200bps YoY; and 220 bps QoQ. EBIT Margins at 10.7% ; expanded 170bps YoY; and 210 bps QoQ. The Finance cost stands reduced at Rs 7.3 crores from 12.1 crore in Q3FY24, a 40% decline on YoY basis and 15% decline on QoQ. PAT at Rs 14.8 crores; up 95.9% YoY, and 20.7% QoQ. Net Debt at Rs 35.5 crores as on 31st December 2024. The Earnings Per share (EPS) has almost doubled; up by 96.1% YoY from Rs 1.75 in Q3FY24 to Rs 3.44 in Q3FY25. Sampath Ravinarayanan, Chairman,, said: I am happy to share the company’s resilient performance in Q3’25, with EBITDA of Rs 40.02 crore, marking a 22% increase sequentially and a 37% rise year on year. Our profit after tax (PAT) stands at Rs 14.76 crore, maintaining the growth trajectory we aimed for. The fact that 99% of EBIDTA came from our core activities, Aerospace, Defence, and Electronic, Semiconductor & AI (ESAI), shows that we need to continue to focus on these areas, while recalibrating the rest. This performance is just a teaser for our capabilities to quickly adapt and reinvent to position ourselves as: ‘Product Driven, Non-linear, Technology Company in Aerospace, Defence and ESAI’. Our primary mission is to create the best value for all our stakeholders. This can be achieved only through phenomenal and sustainable growth. To achieve this, we are putting in place a formidable, world class leadership team and matching infrastructure. Our first objective is to re-calibrate our non-core activities and invest in core domains, including facilities. Our Second objective is to build enduring partnership with Global A&D; companies. This will enable us to become a force multiplier in Aerospace and Defence Industry. Our third objective is to achieve an accelerated growth in ESAI through inorganic strategy. We will elaborate on these strategies in the coming months. We will work both diligently and strategically to provide the best growth and value for all our stakeholders. Alfonso Martinez; CEO & MD said: “I am excited to contribute to AXISCADES’ remarkable growth trajectory. Leveraging my industry knowledge and robust connections within our core domains, I am dedicated to facilitating substantial transformation as we transition from a service-oriented, linear growth approach to a product-focused, non-linear growth strategy. This strategic realignment will promote sustainable growth and profitability, while enhancing value for our stakeholders” Result PDF
Conference Call with AXISCADES Technologies Management and Analysts on strategic restructuring of its defence-focused subsidiaries. Listen to the full transcript.