On July 31, 2025, Axiscades Technologies Limited announced receiving significant new orders for aerial, naval and radar-based platforms from India’s leading defense laboratories. These orders were primarily placed with Axiscades subsidiary Mistral Solutions Private Limited, reflecting the company’s growing influence in defense technology development.
Details & Impact
The major contracts include development and supply orders from Electronics & Radar Development Establishment (LRDE), DRDO and Bharat Electronics Limited (BEL). Notable orders include development of exciter and receiver units for Virupaksha radar upgrade on Sukhoi-30 MKI jet aircraft for design and development costing around Rs 4 crore and Rs 120 crore for production in 3-5 years.
The Axiscades subsidiary has also been entrusted with the task of developing Digital Beam Forming Unit for Long Range Battle Management Radar (LRBMR) under Project Kusha with a design cost of Rs 9 crore and a total production order worth Rs 150 crore over five years.
Additional contracts include prototypes and production of modules such as digital transmit and receive modules for surveillance radars, with a total value of several crores of rupees, and a production period of 2-4 years and a total production contract worth over Rs 500 crore. In addition, supply orders received from BEL for sonar subsystems intended for submarine modifications are worth about Rs 20 crore for development and Rs 60 crore for production over five years.
Also Read: Ultra-Mega Offshore Hydrocarbon Order Secured by Leading EPC Firm on July 29, 2025
Key Fundamentals
AXISCADES is currently trading at ₹1340 and has a market capitalization of ₹5695 crore. The company has a price-earnings ratio of 73.2, supported by a return on capital employed (ROCE) of 13.6% and a return on equity (ROE) of 12.6%. The book value is ₹153 and the EV/EBITDA multiple is 35.9. The promoter stake is strong at 58.2%.
On the technical front, the stock displays an RSI of 48 and is trading above its 50-day exponential moving average (EMA 50), indicating neutral momentum with underlying strength.
Disclaimer: The content on this page is for informational and educational purposes only and should not be construed as financial, investment, tax, or legal advice. Financial markets can swing sharply, and historical returns offer no assurance of future performance. Always conduct your own research and consult a licensed financial advisor or professional to address your unique financial situation.
All investment and trading decisions are made at your own risk—the author and publisher accept no liability for any losses or damages resulting from the use of this information.