Axiscades Technologies Ltd. · NSE:AXISCADES
Axiscades Technologies — Q2 FY24 Earnings Presentation
14 slides from Axiscades Technologies's earnings presentation, Nov 8, 2023
Slide 1: Intimation of Q2 FY24 Results Presentation to Exchanges
November 08, 2023 The Manager The Manager Listing Department Listing Department BSE Limited The National Stock Exchange of India Limited Phirozee Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block Dalal Street Bandra – Kurla Complex, Bandra(E), Mumbai 400 001 Mumbai 400 051 BSE Scrip Code:
Slide 2: Q2 FY24 Investors Presentation
Q2 FY24 INVESTORS PRESENTATION AXISCADES Technologies Limited CIN NO : L72200KA1990PLC084435 1
Slide 3: Disclaimer
Disclaimer Certain statements in this communication may be considered as ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materiall
Slide 4: Table of Contents
Table of Contents 1 Company Overview 2 Key Highlights 3 Financial Performance 4 Segment Revenue 5 Business Performance and Outlook 3
Slide 5: AXISCADES Overview
AXISCADES Overview AXISCADES is a Technology Company focusing on Product Engineering Solutions, serving Global OEMs MANUFACTURING AEROSPACE DEFENCE & HOMELAND SECURITY • Design & Analysis - Primary & Secondary Structures, Aircraft • Avionics, Radar/EW, C4I2 Interiors • Automated Test Solutions • MSI
Slide 6: Message from Management
Message from Management Commenting on the results and outlook, Mr. Abidali Neemuchwala, Chairman of AXISCADES said: “I am excited to join AXISCADES as Chairman of the Board. Over the last year, the company has enlarged its scope of operations, and has grown significantly by providing cutting-edge so
Slide 7: Message from Management
Message from Management Commenting on the results and outlook, Mr. Arun Krishnamurthi, CEO & MD of AXISCADES said: “We are delighted to report a broad-based performance, achieving the highest ever quarterly revenue during the quarter. We have completed the acquisition of add solution GmbH which will
Slide 8: Key Financials Highlights for Q2 FY24
Key Financials Highlights for Q2 FY24 ➢ Q2 FY24 USD revenue at $30.6 Mn, growth of 26.0% Y-o-Y ➢ Q2 FY24 Revenue at INR 2,515 Mn, highest ever, growth of 29.8% Y-o-Y ➢ H1 FY24 USD revenue at $56.8 Mn, growth of 18.7% Y-o-Y ➢ H1 FY24 revenue at INR 4,651 Mn, growth of 23.4% Y-o-Y ➢ Q2 FY24 EBITDA at
Slide 9: Key Operational Highlights for Q2 FY24
Key Operational Highlights for Q2 FY24 • Appointed Mr. Abidali Neemuchwala as Chairman of the Board and Non-Executive Director at AXISCADES. With a distinguished career spanning over three decades in the technology industry, he has earned enviable reputation for his expertise in aligning organizatio
Slide 10: Consolidated Financial Performance – Q2 FY24
Consolidated Financial Performance – Q2 FY24 Particulars (INR Mn) Q2 FY23 Q1 FY24 Q2 FY24 Revenue 1,937 2,136 2,515 Key highlights Q2 FY24 Y-o-Y Other Operating Income 21 10 10 ▪ Strong Revenue growth of 29.8% driven by Other Income 42 17 11 double digit growth across verticals except HEG Total Reve
Slide 11: Reconciliation of PAT (in INR mn)
Reconciliation of PAT (in INR mn) 211 49 32 130 112 57 Q2 FY23 Additional EBITDA due to Increase in Finance cost Q2 FY23 Normalized Q1 FY24 Q2 FY24 Reported PAT Service revenue booked in due to Mistral PAT Reported PAT Reported PAT ACAT acquisition loan ➢ In Q2 FY23, AXISCADES Aerospace & Technologi
Slide 12: Revenue Details Q2 FY24
Revenue Details Q2 FY24 Revenue Q2 FY23 Q1 FY24 Q2 FY24 Q-o-Q Y-o-Y US$ Mn $ 24.3 $ 26.2 $ 30.6 16.8% 26.0% Key Takeaways INR Million 1,937 2,136 2,515 17.7% 29.8% • Overall revenue growth 29.8% Y-o-Y, in INR terms majorly Revenue by Vertical Q2 FY23 Q1 FY24 Q2 FY24 Q-o-Q Y-o-Y driven by increased t
Slide 13: Business Performance and Outlook
Business Performance and Outlook Aerospace The Aerospace vertical grew by 21.6% Y-o-Y. The outlook of this vertical is positive on account of production ramp up across the programs and we are hopeful of maintaining positive momentum in this vertical for coming quarters. The synergies between AXISCAD
Slide 14: About AXISCADES Technologies Ltd.
About AXISCADES Technologies Ltd. AXISCADES is a leading, end to end technology and engineering solutions provider aiding creation of innovative, sustainable and safer products worldwide. AXISCADES is headquartered in Bangalore with subsidiaries in USA, UK, Canada, Germany, India and China; and offi
AXISCADES Technologies — Q2 FY24 Earnings Presentation on 6ix