AXISCADES Technologies signed three key MoUs with INDRA, Aldoria, and MBDA at the Paris Air Show 2025 to advance defence and space technologies in India, driving growth in systems production, space surveillance, and missile systems under the 'Make in India' initiative.
On Friday, AXISCADES Technologies signed 3 agreements to boost the production of cutting-edge systems in India. As of 10:31 am IST, AXISCADES Technologies' share price was trading at ₹1,444, up by 2.48%. The stock has been rising over the last few trading sessions and has been locked in the 5% upper circuit in the past three trading sessions. In the last 3 days, the stock price has surged over 17%
On a year-to-date basis, the stock has surged by 129.27%, while in the last 12 months it is up by 140.71%.
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INDRA, a European leader in defence and aerospace, and AXISCADES, a prominent Indian technology solutions provider, have formed a strategic alliance through a Memorandum of Understanding signed at the Paris Air Show on June 16, 2025. This collaboration aims to boost the production of cutting-edge systems in India, including Distance Measuring Equipment (DME) and countermeasure systems. AXISCADES will facilitate production and delivery through its comprehensive design, development, and supply chain centre. Both companies are also exploring joint product development for global markets and collaborations on MPA Airborne Solutions and DRDO CABS programs.
AXISCADES Technologies and European leader Aldoria have forged a strategic partnership through an MoU signed at the Paris Air Show 2025. This collaboration aims to strengthen India's space capabilities by providing cutting-edge Space Surveillance and Situational Awareness (SSA) solutions. It involves evaluating opportunities for high-level data and system alignment, sharing SSA insights and technical know-how, and developing software and system integration concepts for orbital monitoring and collision avoidance. This alliance follows five months of discussions with ISRO and ISTRAC.
AXISCADES Technologies and MBDA, a leading European complex weapon systems group, are expanding their strategic cooperation, building on a decade-long partnership. This reinforced alliance, confirmed at the Paris Air Show 2025, aims to increase sourcing volume for existing products like Test Benches and Missile Launchers, and explore new domains of cooperation. This aligns with MBDA's "Make in India" strategy and India's "Atmanirbhar Bharat" policy. AXISCADES will establish a new, dedicated state-of-the-art facility for MBDA near Bengaluru Airport to support this expanded work.
For the quarter ended March 2025, the company reported a 4.69% year-on-year increase in revenue from operations, rising to ₹268 crore from ₹256 crore in the same quarter last year. Profit after tax surged significantly to ₹31 crore, compared to ₹9 crore in March 2024, marking a 244.44% growth.
On an annual basis, revenue from operations grew by 7.96%, reaching ₹1,031 crore in FY25, up from ₹955 crore in FY24. The company’s profit after tax also saw a strong rise, doubling to ₹75 crore from ₹33 crore in the previous financial year, reflecting an annual growth of 127.27%.
AXISCADES is a leading technology and product company with over 25 years of experience in the aerospace, defence, and ESAI (Electronic Systems and Industrial Automation) sectors. The company offers cutting-edge solutions ranging from conceptual design to manufacturing and certification, making it a preferred partner for OEMs (Original Equipment Manufacturers) and Tier 1 suppliers in these industries.
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Disclaimer: The article is for informational purposes only and not investment advice.
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