### **Overview** AXISCADES Technologies Ltd. is a global end-to-end technology and engineering solutions provider with over 30 years of experience serving Fortune 500 clients and Tier-1 original equipment manufacturers (OEMs) across the **Aerospace, Defense, and ESAI** (Electronics, Semiconductor & Artificial Intelligence) domains. Headquartered in **Bengaluru, India**, the company operates through subsidiaries and offices in **France, Germany, Denmark, the USA, Canada, and China**, with a global workforce of over **3,000 professionals** across 17–20 strategic locations worldwide. Publicly listed on the BSE and NSE, AXISCADES combines deep domain expertise with digital innovation to deliver mission-critical, future-ready solutions across the full product lifecycle—from concept evaluation to manufacturing support and certification. --- ### **Core Business Segments** #### **1. Aerospace** AXISCADES is a trusted engineering partner to global aerospace OEMs such as Airbus, providing: - Aerostructure design (metallic and composite) - Aircraft wing and fuselage design - Electrical harness and cabin interior engineering - Tooling and MRO (Maintenance, Repair & Overhaul) - AI-powered supply chain management and in-service support - Aircraft conversions (e.g., passenger-to-cargo) The company has executed multiple long-term contracts, including a $40M annual engagement with Airbus. It is expanding into **aircraft interiors** with a recent $1.2M pilot contract and is investing in advanced capabilities like **Digital Twins**, **Additive Manufacturing**, and **AI-driven inspection systems**. #### **2. Defense** A recognized leader in India’s strategic defense ecosystem, AXISCADES specializes in: - **Missile Systems** (design, subsystems, launchers, ATE) - **Radars & Antennas** (integration, maintenance, long-term support) - **Unmanned Systems** (drones, anti-drone/C-UAS, loitering munitions) - **Electronic Warfare (EW), C4I2, Avionics, and Sonar** - **Ground Support Equipment (GSE) and Performance-Based Logistics (PBL)** **Key Collaborations:** - **MBDA**: Joint development and localization of missile test benches, launchers, and system integration; a new dedicated integration center and Mass Production Facility at Devanahalli. - **CILAS S.A.**: Co-development of C-UAS with laser kill mechanisms (Helma-P integration). - **Indra**: Local manufacturing of DME and countermeasures under India’s offset policy. - **DRDO, HAL, BEL, and Indian Armed Forces**: Support for Akash, Pinaka, Astra missile programs and counter-drone deployments. In 2025, AXISCADES became the **first Indian company to deliver over 100 anti-drone systems** to Indian defense forces, with 75+ already deployed. #### **3. ESAI (Electronics, Semiconductor & AI)** ESAI serves as the innovation engine of AXISCADES, delivering full-stack **chip-to-product development** with a focus on: - AI/ML and SLM integration - Post-silicon validation and platform development - FPGA/VLSI and RF design - System-on-Modules (SoMs) and Development Kits (e.g., Qualcomm Falcon Kit for drones) - Edge AI devices, thermal management, micro data centers **Strategic Alliances:** - **Qualcomm**: Robotics, drones, healthcare, and SDV solutions - **Texas Instruments**: Automotive and industrial radar modules - **NVIDIA, Lattice Semiconductor**: AI/robotics and mmWave radar - **Hyperscalers**: Design-to-build contracts with global tech leaders for AI/ML infrastructure and audio products The ESAI segment recorded **11% YoY revenue growth in H1 FY26** (₹63 crore) with a **23.0% EBITDA margin** and is projected to reach **₹500 crore by FY27**. --- ### **Strategic Transformation: From Services to Products** AXISCADES is undergoing a fundamental strategic pivot—transitioning from a **labor-intensive services model** to a **product-led, IP-driven, and non-linear growth model**. This shift aims to: - Increase scalability and margins - Achieve recurring, annuity-like revenue - Reduce dependency on headcount expansion **Key Enablers of Transformation:** - **Reusable IP and asset-based solutions** - **Box-building and batch manufacturing (up to 10,000 units)** - **Platform-based offerings** (e.g., Falcon Kit, Direct RF FPGAs) - **Edge Micro Data Centers** and **AI-Ready Devices** - **Gen AI enablement** for semiconductors and edge devices --- ### **Infrastructure & Facilities** AXISCADES is investing heavily in integrated, purpose-built facilities to anchor its global ambitions: | **Facility** | **Location** | **Size & Purpose** | |-------------|--------------|---------------------| | **Aero Land (Phase I)** | Devanahalli, Bengaluru | 165,000 sq. ft. operational campus for semiconductors, AI, and test systems | | **Devanahalli Atmanirbhar Complex (DAC)** | Near KIA Airport | **3 million sq. ft.** (20+ acres) under construction — one of India’s largest hubs for radars, UAVs, strategic electronics, and offset fulfillment | | **Missile Atmanirbhar Complex (MAC)** | Hyderabad | Dedicated 6-acre site for missile assembly, integration, and upgrades | | **Electronic City Facility** | Bengaluru | Transformed into a GCC for unmanned warfare with hangars for drone testing and integration | | **Aero-land Product Development HQ** | Near Bengaluru Airport | 180,000 sq. ft. global capability center for ESAI, focusing on AI, micro data centers, and product integration | | **Engineering Design Centre** | Broughton, UK | Supports aerospace clients in Europe; strategic hub for client proximity | --- ### **Recent Financial & Operational Highlights (FY25–FY26)** - **Q3 FY25 Revenue**: ₹274 crores (+18.4% YoY) - **Q3 FY25 EBITDA**: ₹40 crores (+36.9% YoY), **14.6% margin** - **Defense Segment**: 88% YoY growth in Q3 FY25 - **Aerospace Revenue**: 13% YoY growth in FY25; 19% EBITDA growth - **FY26 H1 ESAI Revenue**: ₹63 crores, up 11% YoY; 23% EBITDA margin - **Order Book (June 2025)**: - Defense: ₹1,800 crores - ESAI: ₹600+ crores --- ### **Key Subsidiaries & Acquisitions** AXISCADES has strengthened its capabilities through strategic acquisitions: | **Subsidiary** | **Focus Area** | **Significance** | |----------------|----------------|------------------| | **Mistral Solutions** (₹296 cr acquisition) | Embedded systems, AI/SLM, defense electronics | Provides chip-to-product, radar, telemetry, and drone tech. Delivered Direction Finders to Indian Navy and UAVs. Co-developed non-Chinese drone controller with Qualcomm. | | **add-solution GmbH** (Germany) | Automotive EDS, HMI testing, automation | Gives access to German OEM supplier codes; expands EV wiring and SDV capabilities. | | **EPCOGEN** (₹26.25 cr + ₹7 cr earnout) | Energy sector engineering (oil & gas, renewables) | Establishes beachhead in Middle East; supports green energy and cryogenic storage. | --- ### **Leadership & Governance** - **Chairman & Chief Mentor**: Dr. Sampath Ravinarayanan – Former leader of Airbus India CoE and Mirage 2000 upgrade program. - **CEO/Deputy CEO/COO**: Senior leaders with experience from Capgemini, Altran, and global OEMs. - **President – Defense**: Mr. Babu (ex-Indian Air Force), driving ToT and DcPP initiatives. - The leadership team brings **over 400 years of cumulative experience** in core domains. A **strategic advisor** has been engaged to review the business portfolio, with restructuring outcomes expected by **Q4 FY26**. ---