Slide 1: Cover letter to stock exchanges
November 12, 2024 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 FY25 Earnings Presentation
AXISCADES TECHNOLOGIES LIMITED Q2 FY25 EARNINGS PRESENTATION
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by AXISCADES Technologies Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for an
Slide 4: AXISCADES - Defence, Aerospace and Electronics: Overview
AXISCADES- Defence, Aerospace and Electronics: Overview Aerospace Defence Automotive • Design & Analysis - Primary & • Avionics, Radar, EW, C4I2 • ADAS , Passive Safety Systems Secondary Structures, Aircraft Interiors • Drone & Anti-Drone Systems • Automotive Electronics • MSI and ESI, Electrical ha
Slide 5: Message from CEO & Managing Director
Message from CEO & Managing Director Commenting on the results and outlook, Mr. Arun Krishnamurthi, CEO & MD of AXISCADES said, “ For Q2 FY25, the company achieved resilient performance, with sales revenue of ₹264 crore, recording 18% sequential growth. This was complemented by an EBITDA of ₹33 cror
Slide 6: Key Highlights - Q2 FY25
Key Highlights - Q2 FY25 Business Highlights Financial Highlights ❖ Aerospace revenue 19% YoY; Expanding scope with ❖ Revenue ₹264 crores; 18.4% QoQ European OEM, new customer acquisitions. ❖ Total order book at $89 Mn 17% QoQ ❖ Defence revenues 73% QoQ. Further ramp up at higher ❖ EBITDA at ₹33 cro
Slide 7: Key Financial Performance
Key Financial Performance All numbers in INR crores Q1 FY25 Q1 FY25 Q2 FY25 H1FY25 Reported Adjusted Revenue 223 223 264 488 + 18.4% QoQ +4.8% YoY 31 19 33 64 EBITDA 13.9% 8.4% 12.4% 13.1% +400bps 12 29 PAT 17 10 +20.0% QoQ +72.0% YoY • Q2 is generally a soft quarter, due to plant shutdowns in Europ
Slide 8: Adjusted for one offs the operational performance remains healthy
Adjusted for one offs’ the operational performance remains healthy Strong operational EBITDA growth; after adjusting for PAT growth 20% QoQ; adjusting for one time impact of other one time impact in Q1FY25 income in Q1FY25 33 17 31 +74% -7 +20% -12 12 19 10 EBITDA One time ESOP Adj. EBITDA PAT Gain
Slide 9: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Particulars (in ₹ Cr.) Q2 FY24 Q1 FY25 Q2 FY25 YoY % QoQ % Revenue ($ Mn) $ 30.6 $ 26.9 $ 31.6 3.3% 17.6% Revenue 251 223 264 5.1% 18.4% Other Income 2 11 5 Total Income 254 234 269 6.2% 15.2% EBITDA 36 31 33 -8.6% 5.4% EBITDA Margin (%) 14.2% 13.9% 12.4% EBIT
Slide 10: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement Particulars (in ₹ Cr.) Mar-24 Sept-24 Particulars (in ₹ Cr.) Mar-24 Sept-24 Assets Equity and Liabilities Non-Current Assets Equity Property, Plant and Equipment 69 80 Equity Share Capital 21 21 Capital Work-in-progress - 0.4 Other Equity 564 586 Non -Controlling
Slide 11: Business Highlights
Business Highlights Highlights Outlook Aerospace • The company has won a critical work package on aero structures (TCV - $15m) thereby solidifying our presence in the • 19% growth YoY driven by increase in wallet share with European OEM. vertical. • Ramp up in new geography – notably North America a
Slide 12: Business Highlights
Business Highlights Highlights Outlook Energy • Commencing office-based operations in Middle East starting • 100% YOY growth driven by EPCOGEN enabled accounts as well as organic growth Q3’24. in inhouse engagements. • Focused acquisition of new logos and projects. • QoQ growth of 7% on a consol bas
Slide 13: Mistral Defence
Mistral Defence Defence Programs 121 377 322 • MPR Arudhra • Tejas • Akash • Aew&c • Ashwini • Dornier • QRSAM Radar Airborne rder ook Q2 25 Q2 25 rder ook 3 24 ddi ons Execu on 3 24 • Samudrika • Lca Mk Ii • Indigo • Aew&c Mk Ii • USHUS • Su 30 Upgrade Approved Design Wins Design Wins • Abhay • Rus
Slide 14: Operational Performance
Operational Performance Revenue by Vertical Revenue by Geography Revenue by Segment 26% 29% 28% 36% 32% 39% 11% 9% 4% 5% 71% 68% 2% 4% 78% 11% 4% 16% 5% 14% 37% 16% 40% 16% 12% 35% 11% 13% 19% 29% 32% 30% 12% 22% 23% 22% 16% 12% 9% Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 F
Slide 15: Operational Performance
Operational Performance Revenue Mix 23% 23% 29% Onsite Q2 FY24 Q1 FY25 Q2 FY25 Offshore 71% 77% 77% 71% Revenue by Project Type 32% 31% 35% Q2 FY25 Fixed Price Q2 FY24 Q1 FY25 Time and Material 68% 65% 69% AXISCADES Technologies Limited 14
Slide 16: Employee Statistics
Employee Statistics Key Takeaways Total Headcount ❖ QoQ decline in headcount resultant of operational optimization 2,920 3,201 3,111 ❖ Company to focus on digital and embedded hires in upcoming quarters Q2 FY24 Q1 FY25 Q2 FY25 Employee Metrics Q2 FY24 Q1 FY25 Q2 FY25 DIGITAL & EMBEDDED 573 586 578 M
Slide 17: Shareholding Pattern as on September'24
Shareholding Pattern as on September’24 Shareholding Pattern 35.7% 59.9% 4.1% 0.4% Promoter FII DII Public AXISCADES Technologies Limited 16
Slide 18: Thank You
THANK YOU COMPANY: INVESTOR RELATIONS ADVISORS: AXISCADES Technologies Limited CIN : L72200KA1990PLC084435 Orient Capital Mr. Irfan Raeen Sangeeta Tripathi +91 97737 78669 (Head - Investor Relations) irfan.raeen@linkintime.co.in Email: sangeeta.tripthi@axiscades.in Mr. Sumeet Khaitan Website: www.ax