AXISCADES Technologies Ltd

AXISCADES Technologies Ltd

₹ 454 0.56%
22 Nov - close price
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 1,918 Cr.
  • Current Price 454
  • High / Low 850 / 433
  • Stock P/E 87.6
  • Book Value 88.4
  • Dividend Yield 0.00 %
  • ROCE 8.37 %
  • ROE -1.52 %
  • Face Value 5.00

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 5.14 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -0.41%
  • Company has a low return on equity of -2.44% over last 3 years.
  • Company's cost of borrowing seems high
  • Working capital days have increased from -64.0 days to 92.3 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

Standalone Figures in Rs. Crores / View Consolidated

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
42.51 52.12 51.62 61.21 67.40 75.80 78.74 81.07 82.48 91.84 97.64 97.55 96.57
41.44 45.15 46.05 50.42 54.06 60.26 77.61 68.87 68.54 76.89 81.22 75.24 82.36
Operating Profit 1.07 6.97 5.57 10.79 13.34 15.54 1.13 12.20 13.94 14.95 16.42 22.31 14.21
OPM % 2.52% 13.37% 10.79% 17.63% 19.79% 20.50% 1.44% 15.05% 16.90% 16.28% 16.82% 22.87% 14.71%
0.50 0.56 7.64 -44.30 0.74 28.13 0.34 0.23 0.55 0.65 3.41 8.79 2.33
Interest 3.14 3.04 2.56 1.32 8.03 10.81 13.26 20.02 10.90 11.39 11.79 7.99 8.55
Depreciation 2.31 2.38 2.56 2.36 2.91 2.61 3.04 3.40 3.68 3.67 3.67 3.81 4.42
Profit before tax -3.88 2.11 8.09 -37.19 3.14 30.25 -14.83 -10.99 -0.09 0.54 4.37 19.30 3.57
Tax % 1.29% 5.69% 2.10% 5.51% 13.06% -3.47% -1.69% -27.39% 0.00% 0.00% 18.31% 20.98% 28.85%
-3.94 2.00 7.92 -39.25 2.72 31.29 -14.59 -7.98 -0.09 0.54 3.56 15.25 2.54
EPS in Rs -1.04 0.53 2.09 -10.33 0.72 8.19 -3.82 -2.09 -0.02 0.14 0.85 3.64 0.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
55 181 188 235 235 233 225 232 129 182 283 353 384
41 162 159 187 209 226 220 203 126 166 242 295 316
Operating Profit 13 19 30 48 26 6 5 29 4 16 41 58 68
OPM % 24% 10% 16% 21% 11% 3% 2% 13% 3% 9% 15% 16% 18%
0 2 -2 2 6 4 16 3 -41 10 -15 5 15
Interest 1 4 2 2 2 8 17 20 15 12 34 54 40
Depreciation 2 7 8 9 10 14 9 13 12 10 11 14 16
Profit before tax 10 10 17 40 20 -11 -5 -1 -64 4 -19 -6 28
Tax % 24% 21% 34% 34% 34% -13% -26% 345% -1% 13% 6% -36%
7 8 11 26 13 -9 -4 -4 -63 3 -20 -4 22
EPS in Rs 3.71 4.11 4.16 9.67 3.42 -2.49 -1.06 -1.19 -16.75 0.81 -5.19 -0.95 5.23
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 9%
3 Years: 40%
TTM: 21%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: 21%
TTM: 217%
Stock Price CAGR
10 Years: 10%
5 Years: 46%
3 Years: 76%
1 Year: -19%
Return on Equity
10 Years: 0%
5 Years: -4%
3 Years: -2%
Last Year: -2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 31 67 74 102 222 211 207 200 140 147 137 345 352
5 33 26 24 25 66 83 96 66 50 336 293 226
7 29 25 46 30 254 249 254 230 251 69 64 96
Total Liabilities 53 139 139 186 296 549 558 569 455 467 562 723 696
8 13 23 21 29 23 17 27 29 24 38 34 44
CWIP 0 14 0 1 0 0 0 1 0 0 0 0 0
Investments 27 23 23 23 142 384 387 387 320 336 381 416 416
18 89 94 141 124 142 154 155 106 108 142 272 235
Total Assets 53 139 139 186 296 549 558 569 455 467 562 723 696

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17 13 18 26 21 -11 -3 32 53 11 56 20
-5 -5 -3 -22 -10 -39 -6 -5 1 1 -194 -123
-11 -6 -9 -3 1 38 6 -25 -45 -22 148 103
Net Cash Flow 0 2 6 1 11 -11 -3 2 10 -10 10 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 64 88 74 96 71 94 113 90 80 77 67 75
Inventory Days
Days Payable
Cash Conversion Cycle 64 88 74 96 71 94 113 90 80 77 67 75
Working Capital Days 40 59 91 90 92 -59 -61 -122 -299 -331 47 92
ROCE % 24% 18% 20% 33% 11% -0% -1% 6% -1% 4% 9% 8%

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