Slide 1: Stock exchange cover letter: Q2 FY26 Result Presentation
November 12, 2025 The Manager The Manager Listing Department Listing Department BSE Limited 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: 532
Slide 2: Q2 & H1 FY26 Earnings Presentation
AXISCADES TECHNOLOGIES LIMITED Q2 & H1 FY26 EARNINGS PRESENTATION AXISCADES Technologies Limited 1
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: Table of Contents
TABLE OF CONTENTS 01 02 03 Message from our Performance and Key Business Founder Chairman & Managing Director Scorecard Updates 04 05 06 Financial Operational Updates and Performance Performance insights 3
Slide 5: Chairman's Message
Chairman’s Message Dear Shareholders, It has been three quarters since I resumed my role as Chairman of your esteemed Company. During this time, we launched the Power930 initiative, setting an ambitious revenue target of Rs. 9,000 crore (1 billion USD) by FY2030. To achieve this, we have outlined th
Slide 6: Consolidated Financial Performance – Q2 FY26
Consolidated Financial Performance – Q2 FY26 All numbers in INR crores Q2 FY25 Q1 FY26 Q2 FY26 QoQ YoY Revenue from Operations 265 244 299 +22.7% +13.0% EBITDA & EBITDA 33 34 47 +38.2% +41.5% margin 12.6% 14.0% 15.7% +310 bps +170bps PAT & PAT margin 12 21 23 +10.9% +88.9% 4.6% 8.2% 7.6% AXISCADES T
Slide 7: Consolidated Financial Performance – H1 FY26
Consolidated Financial Performance – H1 FY26 All numbers in INR crores H1 FY25 H1 FY26 YoY Revenue from Operations 488 543 +11.2% EBITDA & EBITDA 65 81 +25.7% margin 13.2% 14.9% +170 bps PAT & PAT margin 29 44 +51.6% 5.8% 7.9% AXISCADES Technologies Limited 6
Slide 8: AXISCADES – H1'26 Scorecard
AXISCADES – H1’26 Scorecard Core Domains - Focus on Non linear, Global Other Domains - Focus on Business Reset & Total and Scalable Growth Profitability H1 FY26 Revenue EBITDA EBITDA % FTE H1 FY26 Revenue EBITDA EBITDA % FTE H1 FY26 Revenue INR Cr INR Cr INR Cr Aerospace 174 26 15.1% 1,121 HE & Reve
Slide 9: Highlights and Outlook
Highlights and Outlook Alfonso Martinez Shashidhar SK Head of International Business Group CFO and Global Operations This quarter has been marked by solid strategic progress, particularly in our The Company delivered a standout Q2, with revenue from operations rising to ₹299 crore, a international b
Slide 10: Highlights and Outlook
Highlights and Outlook 9 Sharadhi Chandra Babu KP Mohanakrishnan Manikandan C President – Defense President – Aerospace President – ESAI Driven by large orders and steady production, Our Aerospace vertical delivered a robust 16% YoY Our growth in ESAI is scaling up with the strategic Defense vertica
Slide 11: Key Business Updates
Key Business Updates 01 Design Wins: UWB Digital Receiver Module (DRDO); SPU for Active Off-Board Decoy (BEL); APF for Electric Heavy Weight Torpedo (BDL) 02 Production Wins (BEL): Advanced Direction-Finding system; Ethernet Switch for D4; Frontend Electronics for HUMSA 03 Production Wins (HAL): Per
Slide 12: Key Highlights – Q2 and H1 FY26
Key Highlights – Q2 and H1 FY26 Business Highlights Financial Highlights Consolidated revenues for Q2’26 reached ₹299 crores, Total revenue for the quarter increased by 13.0% year- marking a 13.0% year-over-year increase. Generally, H1 over-year, driven by a 22.0% growth in core domains, accounts fo
Slide 13: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Particulars (in INR Cr.) Q2 FY25 Q1 FY26 Q2 FY26 YoY % QoQ H1 FY25 H1 FY26 YoY % Operating Revenue ($ Mn) $31.6 $28.5 $34.6 9.3% 21.5% $58.6 $63.1 7.6% Revenue 265 244 299 13.0% 22.7% 488 543 11.2% Other Income 4 11 6 37.8% -43.9% 15 17 13.4% Total Income 269 2
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (INR Cr.) Mar-25 Sept-25 Equity and Liabilities (INR Cr.) Mar-25 Sept-25 Non-Current Assets Equity Property, Plant and Equipment 82 83 Equity Share Capital 21 21 Capital Work-in-progress 0.2 3.7 Other Equity 628 672 Rights-of-use Assets 138 167 Non-controlling Inter
Slide 15: Operational Performance – Q2 FY26
Operational Performance – Q2 FY26 Revenue Mix 23% 25% 22% Q2 Q1 Q2 FY25 FY26 FY26 77% 75% 78% Onsite Offshore Revenue by Project Type 31%, 29% 37% Q2 Q1 Q2 FY25 FY26 FY26 63% 69% 71% Fixed Price Time and Material AXISCADES Technologies Limited 14
Slide 16: Operational Performance – Q2 FY26
Operational Performance – Q2 FY26 Revenue by Domains Revenue by Geography 4% 5% 4% 18% 22% 27% 24% 23% 24% 11% 12% 12% 35% 31% 37% 24% 38% 32% 4% 4% 4% 39% 41% 35% 32% 29% 30% Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Energy HE & Auto ESAI Defence Aerospace USA Europe Canada APAC AXISCADES Tec
Slide 17: Employee Metrics
Employee Metrics Key Takeaways Total Headcount • Revenue per Employee improved by 29% in Core and remained flat in Other domains. 3,111 • Attrition increase – driven by ramp down in other domains due to reduction in 2,796 2801 customer, sector slowdown etc. New employee engagement and experience pro
Slide 18: About Us
About Us A technology and embedded product development Company with 30 years of experience in Aerospace, Defense, and ESAI, offering end-to-end solutions from concept to certification making us a trusted partner for global OEMs and Tier 1 suppliers. Aerospace Defense ESAI Others • Aerostructure desi
Slide 19: Thank You
COMPANY: AXISCADES Technologies Limited CIN : L72200KA1990PLC084435 Sangeeta Tripathi (Head - Investor Relations) Email: sangeeta.tripathi@axiscades.in Website: www.axicades.com INVESTOR RELATIONS ADVISORS: MUFG Intime India Pvt Ltd A part of MUFG Corporate Markets, a division of MUFG Pension & Mark