Which companies are AXISCADES Technologies's closest peers?

The cockpit's peer set: transcosmos (9715.T), Huatu Cendes (300492.SZ), Omat Advanced Materials (Guangdong) (688530.SS), Beyondsoft (002649.SZ), Cuscal (CCL.AX), Shaanxi Lighte Optoelectronics Material (688150.SS), PharmaResources (Shanghai) (301230.SZ), Damon Technology (688360.SS).

Is AXISCADES Technologies expensive compared with its peers?

On forward p/e it trades at 7.8× against a peer median of 25.5×, 3rd cheapest of 14 in its peer set.

How has AXISCADES Technologies stock performed?

Over six months to 6 Nov 2026 the shares returned -16.5% against -6.7% for the median peer; over one year +15.0%.

← CockpitCompetitor Analysis › AXISCADES.NS AXISCADES Technologies Ltd.Open in the cockpit ↗

AXISCADES Technologies Ltd.AXISCADES.NSCompetitor analysis, valuation and peers

India · INR·Commercial Services›Miscellaneous Commercial Services

Momentum weak 39

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$802M

US dollars, full cap

Free float

46%

of shares outstanding

$/day

$2.74M

20-day average traded

Fwd P/E

7.8×

forward earnings

ROIC−WACC

-4.8 pp

WACC 15.8%

Hurdle

n/a

no reverse DCF

Next earnings

8 days

14 Nov 2026

Close · INR₹1,780

1D-5.7%

1W-5.1%

1M-20.7%

3M+9.1%

6M-16.5%

YTD+34.5%

1Y+15.0%

ATR %5.3%

Beta0.67

52w lowhigh24.6% off high

What AXISCADES Technologies does

Employees: 2,308

AXISCADES Technologies at a glance

Size AXISCADES Technologies (AXISCADES.NS) is an India Industrials company (Miscellaneous Commercial Services) with a market value of $802M, the 668th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,780 on 6 Nov 2026.

Performance Over six months the shares fell 16.5%, against -6.7% for the median peer and 0.0% for the India market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 4.5% over the last twelve months (peer median +7.3%); the operating margin is 9.9% (peer median 1.8%).

Valuation It trades at 7.8× forward earnings against a peer median of 25.5× (3rd cheapest of 14).

Capital Return on invested capital runs 4.8 points below its cost of capital (15.8% WACC).

Next results Next results expected around 14 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: AXISCADES Technologies against the median of its 20 peers (local-currency closes).

AXISCADES Technologies financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹11.0B	₹11.6B	₹10.3B	₹9.55B	₹8.21B
Revenue growth	—	+12%	+8%	+16%	—
Gross profit	₹2.85B	₹2.60B	₹2.08B	₹1.84B	₹2.10B
EBITDA	₹1.52B	₹1.80B	₹1.45B	₹1.35B	₹1.57B
Net income	₹363M	₹719M	₹749M	₹328M	-₹52.3M
Free cash flow	n/a	-₹1.53B	₹326M	₹211M	₹36.7M
Capital expenditure	n/a	₹1.34B	₹379M	₹204M	₹109M
Total debt	n/a	₹3.88B	₹2.58B	₹3.19B	₹3.46B

Quarterly statements and history in the cockpit →

AXISCADES Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. AXISCADES Technologies is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. AXISCADES Technologies is the large dot.

AXISCADES Technologies competitors and peer comparison

How AXISCADES Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

AXISCADES Technologies against its 20 peers (data as of 6 Nov 2026)
Measure	AXISCADES.NS	Peer median	Rank in peer set
1-month return	-20.7%	-6.2%	2nd lowest of 21
6-month return	-16.5%	-6.7%	7th lowest of 21
Distance from 52-week high	-24.6%	-37.8%	6th highest of 21
Revenue growth (TTM)	+4.5%	+7.3%	8th lowest of 21
Operating margin	9.9%	1.8%	7th highest of 21
Forward P/E	7.8×	25.5×	3rd cheapest of 14
ROIC minus cost of capital	-4.8 pp	-3.4 pp	10th highest of 19
EV / EBITDA	49.8×	5.6×	most expensive of 4
Net debt / EBITDA	2.0×	-0.6×	2nd most indebted of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
AXISCADES Technologies AXISCADES.NS	India	$802M	-17%	+5%	10%	7.8×	n/a	n/a
transcosmos 9715.T	Japan	$802M	-12%	+6%	4%	9.6×	-18.5%	+3.2%
Huatu Cendes 300492.SZ	China	$800M	-44%	-8%	-2%	n/a	17.6%	+91.2%
Omat Advanced Materials (Guangdong) 688530.SS	China	$809M	-16%	+82%	9%	n/a	n/a	n/a
Beyondsoft 002649.SZ	China	$813M	-12%	-6%	2%	25.5×	8.3%	+9.2%
Cuscal CCL.AX	Australia	$815M	+26%	+19%	12%	19.6×	n/a	n/a
Shaanxi Lighte Optoelectronics Material 688150.SS	China	$787M	-44%	+14%	39%	40.0×	n/a	n/a
PharmaResources (Shanghai) 301230.SZ	China	$822M	-4%	+9%	0%	90.5×	42.7%	+19.5%
Damon Technology 688360.SS	China	$779M	+8%	+19%	7%	7.2×	12.3%	+17.1%
Shandong Link Science and Technology 001207.SZ	China	$777M	-7%	+7%	13%	12.3×	-4.6%	+18.9%
Daqian Ecology & Environment 603955.SS	China	$776M	+21%	+217%	-53%	n/a	n/a	n/a
Karnov KAR.ST	Sweden	$828M	+16%	-4%	20%	20.2×	4.1%	+27.9%
Anbang Save-Guard 603373.SS	China	$830M	+30%	-1%	14%	41.5×	6.7%	+5.6%
TaskUs TASK	United States	$833M	+41%	+11%	12%	6.5×	0.5%	+19.9%
Dark Horse Technology 300688.SZ	China	$770M	+18%	-32%	-33%	57.9×	n/a	n/a
Zhejiang Zhongxin Fluoride Materials 002915.SZ	China	$767M	-17%	+8%	2%	66.3×	n/a	n/a
Xi'an Xice Testing Technology 301306.SZ	China	$766M	-53%	+21%	-27%	n/a	n/a	n/a
SEP Analytical (Shanghai) 301228.SZ	China	$757M	-24%	+5%	-9%	n/a	n/a	n/a
Guizhou Zhenhua E-Chem 688707.SS	China	$754M	-40%	+15%	-17%	n/a	3.7%	+6.6%
Funshine Culture 300860.SZ	China	$858M	+21%	-49%	-35%	28.1×	27.8%	-24.6%
Gubra A/S GUBRA.CO	Denmark	$746M	-6%	-90%	-72%	n/a	n/a	n/a

Questions

Which companies are AXISCADES Technologies's closest peers?: The cockpit's peer set: transcosmos (9715.T), Huatu Cendes (300492.SZ), Omat Advanced Materials (Guangdong) (688530.SS), Beyondsoft (002649.SZ), Cuscal (CCL.AX), Shaanxi Lighte Optoelectronics Material (688150.SS), PharmaResources (Shanghai) (301230.SZ), Damon Technology (688360.SS).
Is AXISCADES Technologies expensive compared with its peers?: On forward p/e it trades at 7.8× against a peer median of 25.5×, 3rd cheapest of 14 in its peer set.
How has AXISCADES Technologies stock performed?: Over six months to 6 Nov 2026 the shares returned -16.5% against -6.7% for the median peer; over one year +15.0%.