Integrated Filing — IndAS



General information about company

Scrip Code 532395
NSE Symbol AXISCADES
MSEI Symbol NOTLISTED
ISIN INE555B01013
Name of company AXISCADES Technologies Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 13-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 13-08-2026   14:00:00
End date and time of board meeting 13-08-2026   15:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 18,335.08 18,335.08
Other income 250.50 250.50
Total income 18,585.58 18,585.58
2 Expenses
(a) Cost of materials consumed 6,342.72 6,342.72
(b) Purchases of stock-in-trade 430.26 430.26
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2,895.80 2,895.80
(d) Employee benefit expense 4,830.34 4,830.34
(e) Finance costs 887.04 887.04
(f) Depreciation, depletion and amortisation expense 875.47 875.47
(f) Other Expenses
1 Other expenses 2,966.99 2,966.99
Total other expenses 2,966.99 2,966.99
Total expenses 19,228.62 19,228.62
3 Total profit before exceptional items and tax (643.04) (643.04)
4 Exceptional items 0.00 0.00
5 Total profit before tax (643.04) (643.04)
6 Tax expense
7 Current tax 600.28 600.28
8 Deferred tax (539.61) (539.61)
9 Total tax expenses 60.67 60.67
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (703.71) (703.71)
12 Profit (loss) from discontinued operations before tax (541.75) (541.75)
13 Tax expense of discontinued operations 228.72 228.72
14 Net profit (loss) from discontinued operation after tax (770.47) (770.47)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (1.78) (1.78)
16 Total profit (loss) for period (1,475.96) (1,475.96)
17 Other comprehensive income net of taxes 680.26 680.26
18 Total Comprehensive Income for the period (795.70) (795.70)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (1,483.32) (1,483.32)
Total profit or loss, attributable to non-controlling interests 7.36 7.36
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (803.43) (803.43)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 7.73 7.73
21 Details of equity share capital
Paid-up equity share capital 2,128.08 2,128.08
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.66 -1.66
Diluted earnings (loss) per share from continuing operations -1.66 -1.66
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -1.83 -1.83
Diluted earnings (loss) per share from discontinued operations -1.83 -1.83
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -3.49 -3.49
Diluted earnings (loss) per share from continuing and discontinued operations -3.49 -3.49
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Pursuant to the approval of the Board of Directors at its meetings held on May 26, 2026 and June 12, 2026, the Company entered into Master Framework Agreements and Business Transfer Agreements with the Akkodis Group for the disposal of the following identified businesses of the Company and its subsidiaries (Cades Studec Technologies (India) Private Limited, AXISCADES Technology Canada Inc., AXISCADES UK Limited, AXISCADES Inc., AXISCADES GmbH, and Epcogen Private Limited). i. Business of engineering services provided to customers engaged in the Heavy Engineering, Automotive and Energy industries, are proposed to be transferred on a slump sale basis for a fixed consideration of USD 23.23 million, including deferred consideration of USD 5.81 million receivable after 12 months, together with additional contingent consideration linked to the achievement of specified earn-out conditions; and ii. Business of engineering services provided to customers engaged in the Aerospace industry, are proposed to be transferred through a business transfer and share sale structure for an aggregate fixed consideration of USD 152.35 million, including USD 74.65 million in the form of equity instruments of a newly incorporated entity, together with additional contingent consideration linked to the achievement of specified earn-out conditions. The above transactions were approved by the shareholders of the Company on July 27, 2026 and remain subject to the fulfilment of the conditions precedent set out in the respective agreements. The transactions are considered highly probable and are expected to be completed within one year from the respective dates of Board approval. Accordingly, the related businesses have been classified as disposal groups held for sale and discontinued operations as at June 30, 2026, in accordance with Ind AS 105, Non-current Assets Held for Sale and Discontinued Operations.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 (a) Technology Services and Solutions 22,161.56 22,161.56
2 (b) Defence 12,498.90 12,498.90
3 (c) Assets classified as held for sale 0.00 0.00
4 (d) Liabilities directly associated with the assets held for sale 0.00 0.00
Total Segment Revenue 34,660.46 34,660.46
Less: Inter segment revenue 0.00 0.00
Revenue from operations 34,660.46 34,660.46
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 (a) Technology Services and Solutions 1,866.82 1,866.82
2 (b) Defence 277.81 277.81
3 (c) Assets classified as held for sale 0.00 0.00
4 (d) Liabilities directly associated with the assets held for sale 0.00 0.00
Total Profit before tax 2,144.63 2,144.63
i. Finance cost 972.35 972.35
ii. Other Unallocable Expenditure net off Unallocable income 2,358.85 2,358.85
Profit before tax (1,186.57) (1,186.57)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 (a) Technology Services and Solutions 34,112.05 34,112.05
2 (b) Defence 61,637.08 61,637.08
3 (c) Assets classified as held for sale 30,790.03 30,790.03
4 (d) Liabilities directly associated with the assets held for sale 0.00 0.00
Total Segment Asset 1,26,539.16 1,26,539.16
Un-allocable Assets 32,397.61 32,397.61
Net Segment Asset 1,58,936.77 1,58,936.77
4 Segment Liabilities
Segment Liabilities
1 (a) Technology Services and Solutions 27,241.09 27,241.09
2 (b) Defence 37,642.28 37,642.28
3 (c) Assets classified as held for sale 0.00 0.00
4 (d) Liabilities directly associated with the assets held for sale 7,631.32 7,631.32
Total Segment Liabilities 72,514.69 72,514.69
Un-allocable Liabilities 13,749.58 13,749.58
Net Segment Liabilities 86,264.27 86,264.27
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement losses on defined benefit plans (24.73) (24.73)
Total Amount of items that will not be reclassified to profit and loss (24.73)
2 Income tax relating to items that will not be reclassified to profit or loss (6.51) (6.51)
3 Amount of items that will be reclassified to profit and loss
1 Gains/ (losses) on cash flow hedges 629.07 629.07
2 Exchange differences on translation of foreign operations 227.73 227.73
Total Amount of items that will be reclassified to profit and loss 856.80
4 Income tax relating to items that will be reclassified to profit or loss 158.32 158.32
5 Total Other comprehensive income 680.26 680.26