NSEI:AXISCADES

Stock Analysis Report

AXISCADES Engineering Technologies

Executive Summary

AXISCADES Engineering Technologies Limited, together with its subsidiaries, provides product design, engineering, and research and development solutions in Europe, North America, and the Asia Pacific.

Snowflake

Fundamentals

Moderate growth potential with imperfect balance sheet.

Risks

  • AXISCADES Engineering Technologies is not covered by any analysts.

Share Price & News

How has AXISCADES Engineering Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.9%

NSEI:AXISCADES

-4.1%

IN Construction

-2.1%

IN Market


1 Year Return

-43.8%

NSEI:AXISCADES

-14.7%

IN Construction

-14.7%

IN Market

AXISCADES underperformed the Construction industry which returned -14.5% over the past year.

AXISCADES underperformed the Market in India which returned -14.6% over the past year.


Share holder returns

AXISCADESIndustryMarket
7 Day-5.9%-4.1%-2.1%
30 Day-9.8%-7.5%-3.9%
90 Day-1.4%-18.4%-10.1%
1 Year-43.8%-43.8%-13.8%-14.7%-12.9%-14.7%
3 Year-72.5%-72.5%16.7%13.0%17.7%11.5%
5 Year-47.8%-47.8%28.9%21.2%35.4%22.5%

Price Volatility Vs. Market

How volatile is AXISCADES Engineering Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AXISCADES Engineering Technologies undervalued based on future cash flows and its price relative to the stock market?

258.36x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for AXISCADES Engineering Technologies to establish if it is available at moderate discount.

Unable to calculate intrinsic value for AXISCADES Engineering Technologies to establish if it is available at substantial discount.


Price Based on Earnings

AXISCADES Engineering Technologies is overvalued based on earnings compared to the IN Construction industry average.

AXISCADES Engineering Technologies is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for AXISCADES Engineering Technologies, we can't assess if its growth is good value.


Price Based on Value of Assets

AXISCADES Engineering Technologies is overvalued based on assets compared to the IN Construction industry average.


Next Steps

Future Growth

How is AXISCADES Engineering Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if AXISCADES Engineering Technologies is high growth as no revenue estimate data is available.

AXISCADES Engineering Technologies's earnings are expected to grow significantly at over 20% yearly.

Unable to compare AXISCADES Engineering Technologies's revenue growth to the India market average as no estimate data is available.

AXISCADES Engineering Technologies's earnings growth is expected to exceed the India market average.

AXISCADES Engineering Technologies's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if AXISCADES Engineering Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has AXISCADES Engineering Technologies performed over the past 5 years?

-49.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AXISCADES Engineering Technologies's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

AXISCADES Engineering Technologies has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

AXISCADES Engineering Technologies has become profitable in the last year making it difficult to compare the IN Construction industry average.


Return on Equity

AXISCADES Engineering Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

AXISCADES Engineering Technologies used its assets less efficiently than the IN Construction industry average last year based on Return on Assets.


Return on Capital Employed

AXISCADES Engineering Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is AXISCADES Engineering Technologies's financial position?


Financial Position Analysis

AXISCADES Engineering Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

AXISCADES Engineering Technologies's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

AXISCADES Engineering Technologies's level of debt (45.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (26.2% vs 45.6% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are not well covered by earnings (EBIT is 0.3x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.6x debt.


Next Steps

Dividend

What is AXISCADES Engineering Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate AXISCADES Engineering Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate AXISCADES Engineering Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as AXISCADES Engineering Technologies has not reported any payouts.

Unable to verify if AXISCADES Engineering Technologies's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as AXISCADES Engineering Technologies has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of AXISCADES Engineering Technologies's salary, the management and board of directors tenure and is there insider trading?

0.4yrs

Average management tenure


CEO

Sharadhi Chandra Babu 0

0.6yrs

Tenure

0

Mr. Sharadhi Chandra Babu has been Acting Chief Executive Officer & Executive Director of AXISCADES Engineering Technologies Limited since January 21, 2019. He is Chief Operating officer of AXISCADES Aeros ...


Management Age and Tenure

0.4yrs

Average Tenure

46yo

Average Age

The average tenure for the AXISCADES Engineering Technologies management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.8yrs

Average Tenure

62yo

Average Age

The average tenure for the AXISCADES Engineering Technologies board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹640,68528 Feb 19
Kaushik Sarkar
EntityIndividual
Shares10,032
Max Price₹64.70
Buy₹545,24219 Feb 19
Kaushik Sarkar
EntityIndividual
Shares9,719
Max Price₹56.55
Buy₹564,01015 Feb 19
Kaushik Sarkar
EntityIndividual
Shares9,740
Max Price₹57.93
Buy₹1,178,81314 Feb 19
Kaushik Sarkar
EntityIndividual
Shares21,000
Max Price₹56.47

Ownership Breakdown


Management Team

  • Shweta Agrawal

    Company Secretary & Compliance Officer

    • Tenure: 0.0yrs
  • V. Srinivasan

    Chief Operating Officer

    • Tenure: 0.0yrs
    • Compensation: ₹4.47m
  • Ajay Sarin (50yo)

    Executive of Sales - North America

    • Tenure: 0.4yrs
  • Marc Bouzaid (36yo)

    Head of BU Engineering Services

    • Tenure: 0.0yrs
  • Abhay Sharma (46yo)

    Vice President of Sales

    • Tenure: 0.0yrs
  • Sriram Jayakrishna (46yo)

    Vice President of Delivery

    • Tenure: 0.0yrs
  • Sinnasse Canda (59yo)

    Vice President of Sales

    • Tenure: 0.0yrs
  • Sanjeev Kumar

    Deputy General Manager of Marketing & Communications

    • Tenure: 0.0yrs
  • Sharadhi Chandra Babu

    Acting CEO & Executive Director

    • Tenure: 0.6yrs
  • A. Srinivas

    Chief Financial Officer

    • Tenure: 0.2yrs

Board Members

  • Srinath Batni (64yo)

    Independent Director

    • Tenure: 5.0yrs
    • Compensation: ₹1.80m
  • Kailash Rustagi (56yo)

    Independent Director

    • Tenure: 14.3yrs
    • Compensation: ₹1.90m
  • David Bradley

    Chairman

    • Tenure: 0.3yrs
  • Pradeep Dadlani (59yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: ₹1.90m
  • Sudhakar Gande (61yo)

    Non Executive Director

    • Tenure: 4.0yrs
    • Compensation: ₹39.40m
  • Ashwani Datta (68yo)

    Non Executive Director

    • Tenure: 1.1yrs
  • Vivek Mansingh (63yo)

    Independent Director

    • Tenure: 5.2yrs
    • Compensation: ₹1.80m
  • Mariam Mathew

    Independent Director

    • Tenure: 1.5yrs
    • Compensation: ₹100.00k
  • Sharadhi Chandra Babu

    Acting CEO & Executive Director

    • Tenure: 0.6yrs
  • Ajay Lakhotia

    Non-Executive-Non Independent Director

    • Tenure: 0.5yrs

Company Information

AXISCADES Engineering Technologies Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AXISCADES Engineering Technologies Limited
  • Ticker: AXISCADES
  • Exchange: NSEI
  • Founded: 1990
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹2.215b
  • Shares outstanding: 37.76m
  • Website: https://www.axiscades.com

Number of Employees


Location

  • AXISCADES Engineering Technologies Limited
  • Kirloskar Business Park
  • Block C
  • Bengaluru
  • Karnataka
  • 560024
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532395BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2003
AXISCADESNSEI (National Stock Exchange of India)YesEquity SharesININROct 2003

Biography

AXISCADES Engineering Technologies Limited, together with its subsidiaries, provides product design, engineering, and research and development solutions in Europe, North America, and the Asia Pacific. The  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:56
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.