AXISCADES Technologies Limited — Updates, 31-01-2025: Press Release

**Financial Highlights:** In Q3 FY25, AXISCADES Technologies reported revenue of ₹274 crores, up 18.4% YoY and 3.7% QoQ. EBITDA surged to ₹40 crores, marking a 36.9% increase YoY, with an EBITDA margin of 14.6% (up 200 bps YoY). Profit After Tax (PAT) reached ₹14.8 crores, up 95.9% YoY.

**Strategic Initiatives and Growth Drivers:** The core business, primarily in Aerospace and Defence, experienced robust growth, with revenues hitting ₹207 crores—a 33.1% YoY increase, driven by an impressive 88% growth in the Defence sector. The company is advancing its ‘chip to product’ strategy, focused on proprietary innovations.

**Business Developments:** The non-core segments saw an 11% revenue decline, primarily due to challenges in its German acquisition, though organic growth in non-core areas was stable.

**Market Position and Competitive Advantage:** With a clear pivot towards core operations, AXISCADES aims to enhance revenue and margin accretion across its business lines.

**Investor Implications:** The strong financial performance underscores a positive outlook, driven by core sector dominance and strategic initiatives that position AXISCADES for transformational growth and resilience. Investors should focus on ongoing developments in the aerospace and defence markets as potential growth areas.