AXISCADES Technologies Ltd

AXISCADES Technologies Ltd

₹ 569 1.11%
12 Dec 2:13 p.m.
About

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

Key Points

Service Offerings
The company offers Product Engineering Solutions in the following areas:
1. Embedded Software and Hardware
2. Digitization and Automation
3. Mechanical Engineering
4. System Integration
5. Test Solutions
6. Manufacturing Engineering
7. Technical Publications
8. Aftermarket Solutions [1]

  • Market Cap 2,415 Cr.
  • Current Price 569
  • High / Low 850 / 421
  • Stock P/E 53.3
  • Book Value 144
  • Dividend Yield 0.00 %
  • ROCE 13.8 %
  • ROE 7.11 %
  • Face Value 5.00

Pros

  • Company has reduced debt.

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

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
136 170 193 184 196 216 226 215 252 232 256 224 265
124 150 164 161 156 184 179 181 216 202 223 192 231
Operating Profit 11 20 29 24 39 32 47 34 37 30 32 31 33
OPM % 8% 12% 15% 13% 20% 15% 21% 16% 15% 13% 13% 14% 13%
3 0 1 -42 4 -22 1 2 1 2 5 10 4
Interest 4 4 4 2 8 12 14 20 12 12 13 8 9
Depreciation 6 6 7 6 7 6 7 7 9 8 10 9 10
Profit before tax 5 10 18 -26 28 -8 27 8 18 11 16 24 19
Tax % 41% 23% 42% 20% 25% 32% 41% 33% 36% 32% 44% 31% 35%
3 8 11 -32 21 -10 16 6 11 8 9 17 12
EPS in Rs 0.70 2.07 2.78 -8.37 5.52 -2.71 4.16 1.47 2.88 1.93 2.08 4.07 2.91
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
286 307 318 375 487 519 608 673 524 610 822 955 976
260 278 276 322 448 501 595 580 459 539 675 820 849
Operating Profit 26 29 42 54 39 18 13 93 65 72 146 135 127
OPM % 9% 9% 13% 14% 8% 4% 2% 14% 12% 12% 18% 14% 13%
1 3 -1 3 15 12 24 8 -26 7 -62 10 21
Interest 4 4 3 2 13 14 25 30 24 17 37 58 41
Depreciation 8 8 9 10 12 19 20 33 26 25 27 34 37
Profit before tax 15 20 29 45 29 -3 -8 38 -10 37 21 53 70
Tax % 2% 18% 31% 35% 50% 181% -9% 21% 104% 38% 123% 37%
15 16 20 29 15 -8 -8 30 -21 23 -5 33 46
EPS in Rs 7.32 8.01 7.14 10.51 3.74 -2.18 -2.15 7.88 -5.74 5.86 -1.37 7.82 10.99
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: 9%
3 Years: 22%
TTM: 7%
Compounded Profit Growth
10 Years: 7%
5 Years: 34%
3 Years: 3%
TTM: 4%
Stock Price CAGR
10 Years: 13%
5 Years: 63%
3 Years: 84%
1 Year: -3%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 2%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10 10 14 14 19 19 19 19 19 19 19 21 21
Reserves 66 91 112 144 283 273 266 296 280 312 319 564 586
40 33 26 27 81 138 152 172 104 72 346 319 255
57 41 36 58 77 328 337 375 340 392 220 231 253
Total Liabilities 173 175 188 243 459 758 774 862 742 796 904 1,135 1,115
41 34 49 48 159 344 339 355 288 286 312 414 412
CWIP 16 14 0 1 6 0 1 1 0 0 0 0 0
Investments 1 1 0 0 0 6 30 34 50 19 33 37 44
115 126 139 195 294 407 404 473 404 491 559 685 659
Total Assets 173 175 188 243 459 758 774 862 742 796 904 1,135 1,115

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
28 16 31 31 9 -38 37 65 122 31 71 79
-17 -4 -9 -20 1 -32 -13 -2 -21 30 -199 -162
-6 -16 -9 -1 2 47 -7 -48 -93 -42 133 64
Net Cash Flow 6 -4 13 10 12 -23 17 14 8 18 4 -19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 82 86 70 82 63 117 92 90 89 87 80 89
Inventory Days 11 200 88 84 86 165 134 136
Days Payable 150 333 137 177 188 218 153 125
Cash Conversion Cycle 82 86 70 82 -76 -16 44 -3 -12 34 61 100
Working Capital Days 62 62 76 77 72 47 11 -4 -27 -37 91 106
ROCE % 15% 18% 24% 28% 14% 4% 1% 15% 12% 14% 23% 14%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.95% 67.67% 66.53% 66.53% 66.18% 66.18% 66.18% 65.74% 65.74% 60.30% 60.27% 59.86%
0.01% 0.02% 0.00% 0.09% 0.01% 0.08% 0.08% 0.08% 0.31% 0.38% 0.34% 0.40%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.16% 8.56% 4.54% 4.08%
32.04% 32.31% 33.47% 33.37% 33.81% 33.73% 33.73% 34.18% 33.79% 30.77% 34.83% 35.66%
No. of Shareholders 18,52718,25316,75916,95316,11515,25715,61317,88618,98319,14428,11931,140

* 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