AXISCADES Technologies Ltd

AXISCADES Technologies Ltd

₹ 675 -1.22%
22 Feb - close price
About

Axiscades Technologies Limited is a technology solutions company focussing on engineering solutions and services. [1]

Key Points

Core Offerings
Services: The Co’s services include Digital Services, Manufacturing Engineering, PLM, Mechanical Engineering, Tools Design & Development, Test Solutions etc.
Technology: AI/ML, Additive manufacturing, Social Distancing detector.
Industry 4.0: Digitisation, IOT, Augmented & Virtual, Shop Floor Automation and Smart Process Automation.
WeCareEST: It is an edge-processed and remotely monitored elevated skin temperature screening system, consisting of a sensing device, a remote display, a mobile app and a web application. [1][2]

  • Market Cap 2,821 Cr.
  • Current Price 675
  • High / Low 850 / 248
  • Stock P/E 70.5
  • Book Value 93.8
  • Dividend Yield 0.00 %
  • ROCE 22.8 %
  • ROE -9.58 %
  • Face Value 5.00

Pros

Cons

  • Stock is trading at 7.20 times its book value
  • Promoter holding has decreased over last quarter: -5.23%
  • The company has delivered a poor sales growth of 9.62% over past five years.
  • Company has a low return on equity of 2.27% over last 3 years.
  • Working capital days have increased from 9.03 days to 91.5 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
125.47 148.89 112.13 135.54 169.91 192.71 184.25 195.71 215.68 225.99 214.63 252.45 232.23
107.82 128.87 101.73 124.05 150.19 164.17 160.60 156.28 183.82 179.24 180.66 215.66 202.25
Operating Profit 17.65 20.02 10.40 11.49 19.72 28.54 23.65 39.43 31.86 46.75 33.97 36.79 29.98
OPM % 14.07% 13.45% 9.27% 8.48% 11.61% 14.81% 12.84% 20.15% 14.77% 20.69% 15.83% 14.57% 12.91%
3.11 -16.70 2.68 3.31 0.28 1.15 -41.79 4.23 -21.76 1.08 1.70 1.14 1.64
Interest 5.24 4.70 3.93 4.15 3.59 4.08 1.79 8.47 11.51 14.14 20.11 11.64 12.10
Depreciation 5.97 6.12 5.80 5.92 6.14 7.21 6.37 7.10 6.34 6.71 7.08 8.70 8.49
Profit before tax 9.55 -7.50 3.35 4.73 10.27 18.40 -26.30 28.09 -7.75 26.98 8.48 17.59 11.03
Tax % 41.47% -40.13% 60.60% 41.44% 22.78% 42.12% -20.49% 24.96% -32.00% 40.55% 32.78% 36.50% 31.64%
5.59 -10.51 1.33 2.77 7.92 10.65 -31.69 21.08 -10.23 16.04 5.71 11.18 7.54
EPS in Rs 1.45 -2.82 0.32 0.70 2.07 2.78 -8.37 5.52 -2.71 4.16 1.47 2.88 1.93
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
229 286 307 318 375 487 519 608 673 524 610 822 925
206 260 278 276 322 448 501 595 580 459 539 675 778
Operating Profit 23 26 29 42 54 39 18 13 93 65 72 146 147
OPM % 10% 9% 9% 13% 14% 8% 4% 2% 14% 12% 12% 18% 16%
2 1 3 -1 3 15 12 24 8 -26 7 -62 6
Interest 3 4 4 3 2 13 14 25 30 24 17 37 58
Depreciation 6 8 8 9 10 12 19 20 33 26 25 27 31
Profit before tax 15 15 20 29 45 29 -3 -8 38 -10 37 21 64
Tax % 20% 2% 18% 31% 35% 50% -181% 9% 21% -104% 38% 123%
12 15 16 20 29 15 -8 -8 30 -21 23 -5 40
EPS in Rs 6.04 7.32 8.01 7.14 10.51 3.74 -2.18 -2.15 7.88 -5.74 5.86 -1.37 10.44
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: 10%
3 Years: 7%
TTM: 17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -21%
Stock Price CAGR
10 Years: 33%
5 Years: 60%
3 Years: 141%
1 Year: 121%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 2%
Last Year: -10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 10 10 10 14 14 19 19 19 19 19 19 19 19
Reserves 52 66 91 112 144 283 273 266 296 280 312 319 341
41 40 33 26 27 81 138 152 172 104 72 346 434
53 57 41 36 58 77 328 337 375 340 392 222 234
Total Liabilities 156 173 175 188 243 459 758 774 862 742 796 906 1,028
48 41 34 49 48 159 344 339 355 288 286 312 387
CWIP 0 16 14 0 1 6 0 1 1 0 0 0 0
Investments 1 1 1 0 0 0 6 30 34 50 19 33 40
107 115 126 139 195 294 407 404 473 404 491 560 600
Total Assets 156 173 175 188 243 459 758 774 862 742 796 906 1,028

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
3 28 16 31 31 9 -38 37 65 122 31 71
-8 -17 -4 -9 -20 1 -32 -13 -2 -21 30 -199
2 -6 -16 -9 -1 2 47 -7 -48 -93 -42 133
Net Cash Flow -3 6 -4 13 10 12 -23 17 14 8 18 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 109 82 86 70 82 63 117 92 90 89 87 80
Inventory Days 11 200 88 84 86 165 137
Days Payable 150 333 137 177 188 218 153
Cash Conversion Cycle 109 82 86 70 82 -76 -16 44 -3 -12 34 63
Working Capital Days 83 62 62 76 77 72 47 11 -4 -27 -37 92
ROCE % 17% 15% 18% 24% 28% 14% 4% 1% 15% 12% 14% 23%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Jan 2024
67.95% 67.95% 67.95% 67.67% 66.53% 66.53% 66.18% 66.18% 66.18% 65.74% 65.74% 60.51%
0.00% 0.00% 0.01% 0.02% 0.00% 0.09% 0.01% 0.08% 0.08% 0.08% 0.31% 0.22%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.16% 7.64%
32.05% 32.05% 32.04% 32.31% 33.47% 33.37% 33.81% 33.73% 33.73% 34.18% 33.79% 31.63%
No. of Shareholders 19,31318,94018,52718,25316,75916,95316,11515,25715,61317,88618,98319,336

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls