Axiscades Technologies Confident Of Achieving Billion-Dollar Revenue By 2030

Axiscades expects to drive steady and non-linear growth by investing in significant infrastructure for defence manufacturing, integration testing, and ESAI capabilities. In FY25, the company reported 15.1% adjusted Ebitda margin. Looking ahead to FY26, Krishnan stated that Axiscades expects around 50% increase.

"We are coming up with this infrastructure both in Bangalore and Hyderabad. So, this infrastructure will help us flip to not only a services company, but to increase our product manufacturing and MRO," he said. "So those things would help us push towards a billion-dollar company."

In FY26, Axiscades expects strong growth across core domains, including defence and aerospace, by 35%. This robust sectoral growth is projected to drive the company's top line to approximately Rs 1,500 crore.

Regarding the modest growth in FY25, Krishnan attributed it to internal restructuring and a strategic refocus on core niche verticals.

"While we operate across many verticals, there are a few niche verticals that are strategic to the organization. Number two, post-Covid increases happened in sectors like aerospace, which have now come back after a strong dip," the COO said.

Some defence programmes are scheduled for 2026 instead of 2025, he said. "This is a known fact for us, and we are confident we will come back strongly in the years to come," he said.