Slide 1: Q3 FY24 Result Presentation cover letter to exchanges
February 14, 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: Q3 FY24 Investors Presentation
Q3 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: “AXISCADES delivered a Y-o-Y revenue growth, on the back of lumpiness in defence business and is poised to leverage on the investments made in strategic acquisitions and digital capabi
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 in revenue and financial results. During the quarter, we saw higher contribution from Aerospace vertical, which grew by 27% Y-o-Y.
Slide 8: Revenue Breakup for Q3 FY24 & 9M FY24
Revenue Breakup for Q3 FY24 & 9M FY24 INR Mn. Q3'24 Revenue Performance 9M FY24 Revenue Performance 1,822 1,776 5,120 1,521 4,260 1,504 1,846 738 1,644 630 615 492 709 227 328 63 159 222 Engineering Services Defence Revenue Engineering Services Defence Revenue Q3 2023 Q1 2024 Q2 2024 Q3 2024 9M FY23
Slide 9: Key Highlights for Q3/9M FY24
Key Highlights for Q3/9M FY24 • Engineering Services Business in FY24, is showing consistent growth Q-o-Q. For 9M FY24, Engineering Services Business grew by 20%, as compared to previous year from INR 4,260 Mn to INR 5,120 Mn • Defence, which constitutes, 26% of Company’s Revenue mix, always reflect
Slide 10: Key Highlights for Q3 FY24
Key Highlights for Q3 FY24 • The Company successfully concluded the Equity Raise of INR 220 Crores in January 2024, with marquee Institutional Investors subscribing to the issue. This will strengthen the balance sheet and improve profitability, in the coming periods • Completed the acquisition of EP
Slide 11: Consolidated Financial Performance – Q3 FY24
Consolidated Financial Performance – Q3 FY24 Particulars (INR Mn) Q3 FY23 Q2 FY24 Q3 FY24 Revenue 2,134 2,515 2,315 Other Operating Income 22 10 7 Other Income 18 11 16 Total Revenue 2,175 2,536 2,339 Cost of Material consumed 505 601 343 Employee Benefit Exp 978 1,238 1,325 Other Expenses 355 318 3
Slide 12: Revenue Details Q3 FY24
Revenue Details Q3 FY24 Revenue Q3 FY23 Q2 FY24 Q3 FY24 Q-o-Q Y-o-Y Key Takeaways US$ Mn $ 26.2 $ 30.6 $ 28.2 -8.0% 7.5% INR Million 2,134 2,515 2,315 -7.9% 8.5% • Aerospace vertical recorded highest ever revenue during the quarter, up Revenue by Vertical Q3 FY23 Q2 FY24 Q3 FY24 Q-o-Q Y-o-Y by 27% Y
Slide 13: Business Performance and Outlook
Business Performance and Outlook Aerospace The Aerospace vertical achieved highest ever quarterly revenue, grew by 27% Y-o-Y. The outlook of Aerospace vertical is positive with our existing customers and the Company is ramping up its digital offerings to its Aerospace customers, to enhance revenue a
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