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AXISCADES Technologies Limited (AXISCADES) Fair Value & Analysis

Industrials · IN · Market cap ₹72.0B

AT AXISCADES Technologies Limited AXISCADES · NSE
Price₹1,554
Fair Value₹355.10
Upside-77.1%
Quality42/100
Expensive Growth
Thin margins · 6.2% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Narrow moat 40/100
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Evidence: Medium Range ₹266.33 – ₹443.88 Share as image

Fair value as of: Aug 2, 2026

From 14 valuation models · updated 2 days ago

Share price −6.9% over the past month.

Below-average quality, and screening another 77% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹443.88). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

₹2,174 ₹52.85 Fair Value ₹355.10 Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹52.85 – ₹2,174 · fair‑value band ₹266.33 – ₹443.88 · the ₹1,554 price screens above the ₹355.10 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

AXISCADES Technologies Limited (AXISCADES) currently trades at ₹1,554, while our model-based Fair Value estimate is ₹355.10, implying the stock looks roughly 77.1% overvalued today. We read business quality at 42/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, AXISCADES Technologies Limited generated revenue of ₹11.6B at a net margin of 6.2%. Revenue grew 1.5% year over year. It earns a return on equity of 10.4%. Net debt stands at ₹3.4B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹266.33 (bear case) to ₹443.88 (bull case); at ₹1,554, the current price sits above that range. The share trades about 30% below its 52-week high and 46% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -77%, AXISCADES screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ₹149.90 ₹166.45 ₹266.54 76
ROIC Compounder ₹218.00 ₹322.52 ₹408.10 72
Growth-Adj P/E ₹282.95 ₹404.22 ₹525.49 68
All 14 models by family
Earnings-Based
Graham-Dodd ₹114.99 ₹700.04 ₹976.38 54
Lynch FV ₹200.28 ₹286.11 ₹371.94 50
PEG = 1.0 ₹200.28 ₹286.11 ₹371.94 46
EPV ₹198.13 ₹232.32 ₹262.23 59
Multiples
P/E Multiple ₹253.64 ₹338.19 ₹422.74 63
P/S Multiple ₹215.60 ₹287.46 ₹359.33 58
P/B Multiple ₹215.60 ₹287.46 ₹359.33 55
EV/EBIT ₹415.57 ₹556.43 ₹697.29 53
EV/EBITDA ₹399.92 ₹535.56 ₹671.21 54
EV/Revenue ₹277.84 ₹399.92 ₹522.00 43
Asset-Based
NCAV (Graham) ₹85.53 ₹114.61 ₹171.06 50
Economic Profit
Residual Income ₹149.90 ₹166.45 ₹266.54 76
ROIC Compounder ₹218.00 ₹322.52 ₹408.10 72
Growth Earnings
Growth-Adj P/E ₹282.95 ₹404.22 ₹525.49 68

Widest divergence: Growth Earnings (₹404.22) versus Asset-Based (₹114.61). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) ₹11.6B
Revenue growth (YoY) +1.5%
Net margin 6.2%
Return on equity 10.4%
Free cash flow −₹1.5B FY2026
P/E ratio 100.1
More key figures
Operating margin 7.3%
EPS (TTM) ₹16.91
EPS growth (YoY) -98.6%
Net debt ₹3.4B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 37 · Market factors (momentum, volatility) 58

Profitability 43
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 20
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 65
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

AXISCADES Technologies Limited operates as an engineering solutions company in Europe, the United States, the Asia Pacific, and Canada. It operates through Technology Services and Solutions, and Strategic technology solutions.

Full company description

AXISCADES Technologies Limited operates as an engineering solutions company in Europe, the United States, the Asia Pacific, and Canada. It operates through Technology Services and Solutions, and Strategic technology solutions. The company offers product design and development, embedded electronics and avionics, manufacturing engineering services, systems engineering and integration, product lifecycle management, and after sales product support services. It also provides data acquisition and processing units, electro-optical systems, radar and sonar processing units, telemetry modules, airborne systems, flight control units, auto pilot and mission computers, and graphics processing systems; and electronic control units, simulators, multi-core DSP systems warhead control units, and test jigs. In addition, the company offers electronic warfare systems, custom drone solutions, heavy payload drones, armed drones, tethered drone systems, anti-drone systems, mission-critical communication systems, and obsolescence management; test benches, waveform generators; homeland security solutions; and signal processing engines, I/O boards, rugged graphics and single board computers, FPGA and GPU engines, switches, storage and small form-factor systems, development tools, safety-critical middleware, and operating systems. Additionally, it provides semiconductor, hyperscalers, qualcomm, and radar modules and development platforms, as well as NVIDIA, an AI-enabled solutions for robotics, autonomous systems, and ADAS. It serves aerospace, defense and homeland security, automotive, heavy engineering, electronics, energy, semiconductor, and medical sectors. The company was formerly known as AXISCADES Engineering Technologies Limited and changed its name to AXISCADES Technologies Limited in November 2020. The company was incorporated in 1990 and is based in Bengaluru, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

AXISCADES Technologies Limited reported revenue of ₹11.6B in FY2026 versus ₹6.1B in FY2022, a compound +17.5%/yr. Reported net income was ₹719M in FY2026, compounding +34.1%/yr from FY2022.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹11.6B
Latest YoY
+12.4%
Avg. growth/yr (3Y)
+12.5%
Avg. growth/yr (5Y)
+17.5%
Avg. growth/yr (20Y)
+21.7%
Revenue +17.5%/yr
FY22 ₹6.1B
FY23 ₹8.1B
FY24 ₹9.6B
FY25 ₹10.3B
FY26 ₹11.6B
Net income +34.1%/yr
FY22 ₹222M
FY23 −₹52.3M
FY24 ₹328M
FY25 ₹749M
FY26 ₹719M

AXISCADES screens 77% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "AXISCADES Technologies Limited Fair Value". https://www.fairvalue-calculator.com/stock/AXISCADES

Peer Group

Engineering & Construction · 854 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Below median
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 2% · Below median
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 100.1× · Pricier than 75% of peers
P/B 9.89× · Pricier than 75% of peers
P/S (TTM) 6.21× · Pricier than 75% of peers
EV/EBITDA 40.7× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 14
FUTURE 8 · sector 14
PAST 41 · sector 25
HEALTH 95 · sector 94
DIVIDEND 0 · sector 32

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹102.36 ₹48.22 -53%
Cemindia Projects Limited CEMPRO ₹1,431 ₹730.69 -49%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is AXISCADES Technologies Limited (AXISCADES) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹355.10 versus a price of ₹1,554, about −77% (overvalued).
What is the fair value of AXISCADES?
Our model-based fair value for AXISCADES Technologies Limited is ₹355.10 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹1,554.
What is the quality score of AXISCADES?
AXISCADES Technologies Limited has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AXISCADES Technologies Limited (AXISCADES)?
AXISCADES Technologies Limited reported trailing-twelve-month revenue of about ₹11.6B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of AXISCADES?
The net profit margin of AXISCADES Technologies Limited is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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