Synopsis: A defence technology stock gained after announcing a strategic partnership to co-develop advanced laser-based anti-drone systems for the Indian Army. The collaboration reinforced investor optimism around India’s indigenous defence manufacturing push and rising demand for counter-drone solutions. Here’s what drove the investor interest.
A leading defence technology stock traded firm after it revealed plans to jointly develop high-energy laser-based Counter-Unmanned Aerial Systems (C-UAS) for the Indian Army. The move strengthened sentiment around India’s defence modernization and self-reliance goals under the Atmanirbhar Bharat initiative.
AXISCADES Technologies Ltd, with a market capitalization of Rs. 6,816.62 crore, opened at Rs. 1,566.60 against the previous close of Rs. 1,549.05. The stock touched an intraday high of Rs. 1,622, up 4.7 percent. Over the past one year, the stock has delivered impressive returns of 224.89 percent, reflecting strong investor confidence in the company’s growth prospects.
What’s the News?
AXISCADES Technologies Limited, a leading Indian defence technology solutions provider, has entered into a Memorandum of Understanding (MoU) with France-based Cilas S.A., an expert in laser technologies for high-value fields. The partnership aims to jointly promote and develop advanced Counter-Unmanned Aerial System (C-UAS) technologies tailored to the needs of the Indian Armed Forces.
Central to this collaboration is the introduction of Cilas’ state-of-the-art high-energy laser weapon system, Helma-P, renowned for its precision and operational success in NATO missions, the Paris Olympics, and the French Navy.
Under the MoU, AXISCADES will design the system architecture suited to Indian Army requirements, while both companies will work together on co-developing and integrating a vehicle-mounted C-UAS solution. The powerful Helma-P laser will be incorporated into AXISCADES’ indigenous command and control system, furthering India’s self-reliance in defence technologies.
Comments from the Management
Dr. Sampath Ravinarayanan, Founder, Chairman and Managing Director of AXISCADES, commented, “Cilas’ Helma-P is recognized globally as one of the foremost hard-kill options, having successfully deployed in vital operations for NATO, during the Olympic games in Paris, and the French Navy. We are confident that such a proven, state-of-the-art solution is crucial for strengthening India’s defense capabilities. In alignment with the Atmanirbhar Bharat (selfreliance) initiative, we are committed to locally integrate the Cilas Helma-P solution in our indigenous C2 and onto an Indian platform. AXISCADES is also committed to localize the necessary maintenance equipment and take part into the manufacturing of Helma-P, in order to ensure its production and sustainability within India.”
Mr. Oliver Prat, CEO, Cilas said “AXISCADES’ expertise in engineering is well-known in the French defense ecosystem, and they have been among the precursors in India to enter antidrone warfare, with impressive orders from Army. Thus, it is with great pleasure that Cilas is teaming up with AXISCADES to explore how to serve the dynamic Indian market. Aware of the importance of self-reliance, Cilas will redeem the trust of Indian Army by entering a strong and long-lasting collaboration with its partner. Let’s make it!”
Financial Snapshot – Q1FY26
Quarter-on-Quarter (QoQ): AXISCADES reported sales of Rs. 244 crore in Q1FY26, down 9 percent from Rs. 268 crore in the previous quarter. Operating profit declined 8 percent to Rs. 34 crore from Rs. 37 crore. However, profit before tax rose 33 percent to Rs. 28 crore from Rs. 21 crore, driven by better cost optimization, while net profit decreased 34 percent to Rs. 21 crore from Rs. 32 crore sequentially.
Year-on-Year (YoY): Compared to the same quarter last year, sales grew 9 percent from Rs. 224 crore to Rs. 244 crore. Operating profit increased 10 percent from Rs. 31 crore to Rs. 34 crore, while profit before tax rose 17 percent from Rs. 24 crore to Rs. 28 crore. Net profit jumped 24 percent to Rs. 21 crore from Rs. 17 crore in Q1FY25.
About the Company
AXISCADES Technologies Ltd is a leading end-to-end technology, product, and solutions provider serving global clients across the Aerospace, Defence, and Energy sectors. Headquartered in Bengaluru, the company operates across 17 locations worldwide, including France, Germany, Denmark, the USA, and Canada, with a team of over 3,000 professionals. AXISCADES has long-standing relationships with India’s Defence Forces, the Ministry of Defence, DRDO labs, PSUs, and leading global OEMs. Its core expertise spans weapon systems, avionics, radar, electronic warfare, C4I2, drones, anti-drone systems, and test solutions. The company provides complete lifecycle support — from concept and design to manufacturing and certification.
-Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
