Axiscades Technologies Limited
Axiscades Technologies Limited (erstwhile Axiscades Engineering Technologies Limited), incorporated in August 1990 as IT&T Enterprises Pvt Ltd (IEPL), initially commenced with BPO activities. Subsequently, over the years with various mergers and acqu...
Key Metrics
EPS
7.81
Current ratio
1.90
Debt/Equity
0.76
Debt/EBITDA
3.11
Interest coverage ratio
1.92
Operating Cashflow to total debt
0.18
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Company has reduced debt.
Improvement in financial performance of the company
Established operational track record supported by marquee customers
Fair diversification across sectors and geographies
Liquidity: Adequate
Cons
Promoter holding has decreased over last quarter: -0.41%
Company has a low return on equity of 2.18% over last 3 years.
Company's cost of borrowing seems high
Working capital days have increased from 53.1 days to 106 days
Customer concentration risk
Intense competition in the industry
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About Axiscades Technologies Limited bond.
This comprehensive profile covers key factual information about Axiscades Technologies Limited. Axiscades Technologies Limited (erstwhile Axiscades Engineering Technologies Limited), incorporated in August 1990 as IT&T Enterprises Pvt Ltd (IEPL), initially commenced with BPO activities. Subsequently, over the years with various mergers and acquisitions, its present business profile comprises providing engineering design services and has been serving various verticals, viz., aerospace, defense, heavy engineering, automobile and industrial products. With acquisition of ACAT in FY17 and Mistral in FY18, ACTL also entered into system integration activities focused on the defense sector involving hardware and in product design, development and deployment. ACTL has delivery centres in Noida, Hyderabad, Chennai and Bangalore. Apart from this, the company has presence in America and Europe through its overseas subsidiaries. EPS in Mar-2024 was 7.81. Current ratio in Mar-2024 was 1.90. Debt/Equity in Mar-2024 was 0.76. Debt/EBITDA in Mar-2024 was 3.11. Interest coverage ratio in Mar-2024 was 1.92. Operating Cashflow to total debt in Mar-2024 was 0.18. Total revenue for Mar-2025(E) was ₹1109.48. Net income for Mar-2025(E) stood at ₹41.02. Total assets as of Mar-2024 were ₹1,135.32. Operating cash flow for Mar-2024 was ₹78.93. The company’s borrowing relationships include (₹N/A Cr), (₹N/A Cr), (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Axiscades Technologies Limited, Larsen and Toubro Limited, GMR Airports Limited, IRB Infrastructure Developers Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Company has reduced debt.; Improvement in financial performance of the company; Established operational track record supported by marquee customers; Fair diversification across sectors and geographies; Liquidity: Adequate; . Key risks include: Promoter holding has decreased over last quarter: -0.41%; Company has a low return on equity of 2.18% over last 3 years.; Company's cost of borrowing seems high; Working capital days have increased from 53.1 days to 106 days; Customer concentration risk ; Intense competition in the industry . Leadership team details include Mr.Abidali Neemuchwala (Chairman & Non-Executive Director), Mr.Tanmoy Chakrabarty (Independent Non-Executive Director), Mrs.Mariam Mathew (Independent Director), Mr.Desh Raj Dogra (Independent Director), Mr.Dhiraj Mathur (Independent Director), Mr.Arun Krishnamurthi (Managing Director & CEO), Mr.David Abikzir (Non Executive Director), Mr.Venkatraman Venkitachalam (Non Executive Director), Dr.S Christopher (Non Executive Director), Ms.Sonal Dudani (Company Secretary & Compliance Officer), Mr.Shashidhar S K (Group Chief Financial Officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.