AXISCADES Technologies Limited has informed the Exchange about Investor Presentation
AXISCADES · price
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AXISCADES has signed the Phase 2 sale of its Aerospace Engineering Services business for about $206 million (₹1,964 crore), combining with Phase 1 to a total programme value of $237 million (₹2,256 crore). Cash inflows are staggered: about ₹906 crore in Q3 FY27, ₹126 crore in H1 FY28, and ₹1,224 crore in FY29. The company retains a 49% stake until final closing. Proceeds will fund a 'Power 930' plan targeting ₹9,000 crore revenue and ₹960 crore profit by FY2030, split across Defence Solutions (₹600 Cr), Aerospace Manufacturing (₹600 Cr), XiDA Inc AI-ESAI (₹300 Cr), Space Systems (₹300 Cr), common infrastructure (₹300 Cr) and ₹156 Cr for the balance sheet. Management outlined M&A pipeline targets — 1 in India, 2 in the US via XiDA, and 1 in Europe. The divested revenue will be reclassified as discontinued operations in FY27, and management plans to compensate it by accelerating conversion of the Defence order pipeline, which it says carries higher margins.
For shareholders, this is a major portfolio reshaping — AXISCADES is exiting services to become a manufacturing, defence, space, electronics and AI platform. Near-term FY27 reported revenue will look lower due to reclassification, but the company argues Defence and manufacturing businesses carry structurally better margins. If execution holds, the stock could re-rate as a higher-multiple manufacturing platform funded entirely by the divestment.