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Annual Revenue,rose 8.96%, in the last year to ₹1,051.57 Cr. Its sector's average revenue growth for the last fiscal year was 5.92%.Annual Net Profit,rose 128.41% in the last year to ₹74.94 Cr. Its sector's average net profit growth for the last fiscal year was 8.35%.Quarterly Revenue,rose 9.04% YoY to ₹254.3 Cr. Its sector's average revenue growth YoY for the quarter was 7.11%.
AXISCADES Technologies Limited is a leading, end-to-end technology and engineering solutions provider that helps customers build innovative, sustainable and safer products worldwide. Headquartered in Bengaluru (formerly Bangalore), the company operates with subsidiaries in the USA, UK, Canada, Germany, India and China, and maintains offices in Germany, France, Denmark, the USA and Canada. AXISCADES brings a diverse team of over 2,800 professionals working across 17 locations in North America, Europe, the UK and Asia-Pacific, delivering solutions that reduce programme risk and time-to-market.
The company offers Product Engineering Solutions across Embedded Software and Hardware, Digitisation and Automation, Mechanical Engineering, System Integration, Test Solutions, Manufacturing Engineering, Technical Publications and Aftermarket Solutions. Its comprehensive portfolio spans the entire product development lifecycle—from concept evaluation to manufacturing support and certification—for Fortune 500 clients in Aerospace, Defence, Heavy Engineering, Automotive, Medical Devices and Industrial Product industries. AXISCADES is known for robust certifications and best practices aligned to customer needs and domain expertise.
The company is registered as AXISCADES Technologies Limited (Formerly AXISCADES Engineering Technologies Limited), underscoring its evolution over time. A significant strategic milestone in the latest year was the acquisition of EPCOGEN Private Limited, aimed at strengthening AXISCADES’ capabilities and reach in the global energy sector.
On December 06, 2023, AXISCADES completed the strategic acquisition of EPCOGEN Private Limited for Rs 26.25 crore, with an additional three-year earnout of Rs 7 crore subject to performance.
EPCOGEN, headquartered in Hyderabad with offices in Chennai, Hyderabad and Bengaluru, specialises in Oil & Gas, Refineries, Petrochemicals and Renewable Power, with strong expertise in complex project engineering, end-to-end project execution and climate-conscious emission control (including tail gas treatment plants), as well as long-duration energy storage solutions.
The acquisition is intended to enhance AXISCADES’ footprint across the broader energy landscape and fortify its position in the Middle East and North America.
It opens cross-selling opportunities with AXISCADES’ established Oil & Gas and industrial products clientele, and supports diversification into new energy domains.
Post-integration, the combined strengths of AXISCADES and EPCOGEN are expected to contribute meaningfully to growth in the Indian energy sector, with EPCOGEN already supporting global leaders across North American and Middle East geographies.
Beyond the acquisition, AXISCADES continues to serve Fortune 500 companies with a lifecycle approach to engineering—from concept through certification—backed by its network of subsidiaries and offices across key global markets. The company’s registered identity and communication details reaffirm Bengaluru as the base for governance and stakeholder engagement.
AXISCADES provides end-to-end engineering and technology services spanning embedded systems, mechanical engineering, manufacturing engineering, test solutions, technical publications and aftermarket support. It serves Fortune 500 clients across Aerospace, Defence, Heavy Engineering, Automotive, Medical Devices and Industrial Product industries.
The company is headquartered in Bengaluru and works across 17 locations in North America, Europe, the UK and Asia-Pacific, with subsidiaries in the USA, UK, Canada, Germany, India and China, and offices in Germany, France, Denmark, the USA and Canada.
On December 06, 2023, AXISCADES acquired EPCOGEN for Rs 26.25 crore with an earnout of Rs 7 crore over three years, strengthening its capabilities and presence in the energy sector, especially in the Middle East and North America. EPCOGEN brings expertise in Oil & Gas, petrochemicals, emission control and long-duration energy storage solutions.
