Announcement Summary
- Company: AXISCADES Technologies Limited (formerly AXISCADES Engineering Technologies Limited)
- Order Value: Rs 223.95 Crore
- Client: Directorate General of Capability Development, Ministry of Defence (Army)
- Location: New Delhi, India
- Date: August 4, 2025
As part of the Atmanirbhar Bharat initiative, AXISCADES Technologies Limited has won a significant new contract. Their wholly owned subsidiary, AXISCADES Aerospace & Technologies Private Limited, has secured an order from the Indian Army for the supply of 212 units of next-generation 50-ton Tank Transporter Trailers to be delivered over the next two years. The contract, awarded by the Directorate General of Capability Development, reflects the company’s continued engagement with domestic defence clients.
This order is set to contribute Rs 223.95 Crore to AXISCADES, enhancing their defence portfolio and underlining the strategic push towards indigenous defence manufacturing.
Key Fundamentals
- Market Cap: Rs 5,486 Crore
- Current Price: Rs 1,291
- 52 Week High / Low: Rs 1,506 / Rs 421
- Stock P/E: 70.5
- Book Value: Rs 153
- Dividend Yield: 0.00%
- ROCE: 13.6%
- ROE: 12.6%
- Face Value: Rs 5.00
- Price to Book Value: 8.42
- EPS: Rs 17.6
- Promoter Holding: 58.2%
- Industry PE: 68.2
- EV/EBITDA: 34.6
- Market Cap to Sales: 5.32
- Return over 3 years: 115%
RSI on daily time frame: 45.95.
What This Means for Investors
This fresh contract award significantly boosts AXISCADES’ order book, reinforcing its position within the defence manufacturing sector. Working directly with the Indian Army enhances the company’s credibility and showcases the government’s increasing reliance on domestic technology providers. The two-year delivery timeline provides steady revenue visibility and demonstrates AXISCADES’ capacity to handle large-scale defence projects, potentially opening doors for future orders in the rapidly growing indigenous defence space.
Past Orders or Related News
On July 31, 2025, AXISCADES announced the acquisition of several critical contracts spanning airborne, naval, and radar-based defence systems from top Indian defence laboratories. These included development and supply orders for radar upgrades, digital beamforming units, and sonar subsystems with total production values running into several hundred crores over multi-year periods, emphasizing the firm’s diversified engagement in various cutting-edge defence technologies.
Source: BSE (Click To Download PDF).
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I’m Shahid Shaikh, a software engineer who has observed and tracked the stock market for over ten years. Through my blog, I deliver daily news updates on market trends and financial headlines. I focus on informing readers—not giving investment advice—so the insights here are purely educational.