Available company data, source links and archived checks for AXISCADES Technologies Limited. Read each source and date: a past check is not a fresh review, and some earlier figures have incomplete source details.
Quarter ended 2026-06-30 · consolidated · Company filing
| Quarter | Revenue / income | YoY | Profit | YoY | Net margin | Source |
|---|---|---|---|---|---|---|
| Jun 2026 | Revenue: ₹183 cr | -24.8% | Net profit: ₹-15 cr | -170.8% | -8.0% | Company filing source |
| Mar 2026 | Revenue: ₹273 cr | +1.9% | Net profit: ₹0 cr | -98.7% | 0.2% | Company filing source |
| Dec 2025 | Revenue: ₹343 cr | — | Net profit: ₹28 cr | — | 8.1% | Company filing source |
| Sep 2025 | Revenue: ₹299 cr | — | Net profit: ₹23 cr | — | 7.7% | Company filing source |
| Jun 2025 | Revenue: ₹244 cr | +9.0% | Net profit: ₹21 cr | +24.4% | 8.6% | Company filing source |
| Mar 2025 | Revenue: ₹268 cr | — | Net profit: ₹31 cr | — | 11.8% | Company filing source |
YoY means change from the same quarter a year earlier. — means no comparable figure is available. Older entries with incomplete source details have not been revalidated under the current checks.
AXISCADES Technologies Limited
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
Reg. Office: Block C, Second Floor, Kirloskar Business Park, Bengaluru -560024, Karnataka, INDIA
Column boundaries are incomplete. Use the source document to interpret these figures.
Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com
AXISCADES
| Sl. No . | Particulars | Details with respect to Cloud Wave | Details with respect to Protohubs | Details with respect to Aureate |
|---|---|---|---|---|
| transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at 'arm's length'. | ||||
| 3 | Industry to which the entity being acquired belongs | Manufacturing. | Manufacturing. | Manufacturing. |
| 4 | Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) | The acquisition is a strategic step in the Company ' s stated growth plan to transition from an engineering- services-led business model toward aerospace manufacturing, with the objective of building owned manufacturing capability and capacity to complement the Company ' s existing Aerospace, Defence and Electronics/ Semiconductor offerings. The Company ' s principal historical business has been engineering design and services; the target entity ' s business is manufacturing-led. To that extent, the acquisition represents an adjacency to, rather than a continuation of, the Company ' s core historical line of business. The Company has completed the acquisitions on the basis that: | The acquisition is a strategic step in the Company ' s stated growth plan to transition from an engineering- services-led business model toward aerospace manufacturing, with the objective of building owned manufacturing capability and capacity to complement the Company ' s existing Aerospace, Defence and Electronics/ Semiconductor offerings. The Company ' s principal historical business has been engineering design and services; the target entity ' s business is manufacturing-led. To that extent, the acquisition represents an adjacency to, rather than a continuation of, the Company ' s core historical line of business. The Company has completed the acquisitions on the basis that: | The acquisition is a strategic step in the Company ' s stated growth plan to transition from an engineering- services-led business model toward aerospace manufacturing, with the objective of building owned manufacturing capability and capacity to complement the Company ' s existing Aerospace, Defence and Electronics/ Semiconductor offerings. The Company ' s principal historical business has been engineering design and services; the target entity ' s business is manufacturing-led. To that extent, the acquisition represents an adjacency to, rather than a continuation of, the Company ' s core historical line of business. The Company has completed the acquisitions on the basis that: |
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
Column boundaries are incomplete. Use the source document to interpret these figures.
Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com
AXISCADES
| Sl. No . | Particulars | Details with respect to Cloud Wave | Details with respect to Protohubs | Details with respect to Aureate |
|---|---|---|---|---|
| • it enables the Company to offer integrated engineering-plus-manufacturing solutions to existing Aerospace, Defence and OEM/Tier-1 customers, deepening existing client relationships; • it establishes a physical manufacturing platform intended to be scaled into a larger Centre of Aerospace Manufacturing, positioning the Company to qualify for and service global OEM manufacturing programmes; and • it is consistent with the Company ' s publicly stated medium-term revenue growth objectives for its Aerospace vertical. The acquisitions are not expected to result in any adverse impact on the Company ' s existing business | • it enables the Company to offer integrated engineering-plus-manufacturing solutions to existing Aerospace, Defence and OEM/Tier-1 customers, deepening existing client relationships; • it establishes a physical manufacturing platform intended to be scaled into a larger Centre of Aerospace Manufacturing, positioning the Company to qualify for and service global OEM manufacturing programmes; and • it is consistent with the Company ' s publicly stated medium-term revenue growth objectives for its Aerospace vertical. The acquisitions are not expected to result in any adverse impact on the Company ' s existing business | • it enables the Company to offer integrated engineering-plus-manufacturing solutions to existing Aerospace, Defence and OEM/Tier-1 customers, deepening existing client relationships; • it establishes a physical manufacturing platform intended to be scaled into a larger Centre of Aerospace Manufacturing, positioning the Company to qualify for and service global OEM manufacturing programmes; and • it is consistent with the Company ' s publicly stated medium-term revenue growth objectives for its Aerospace vertical. The acquisitions are not expected to result in any adverse impact on the Company ' s existing business | ||
| 5 | Brief details of any governmental or regulatory approvals required for the acquisition | operations and are expected to transaction on the agreed terms. Not applicable. | earnings accretive over the medium | term, subject to completion of the |
| 6 | Indicative time period for completion of the acquisition | The Company has completed the acquisition of 90% of the share capital of Cloud Wave and the indirect acquisition of 90% of the share capital of Cloud Wave's wholly owned subsidiaries, Protohubs and Aureate on 10 September 2026. The remaining 10% shareholding of Cloud Wave may be subsequently acquired by the Company (subject to the terms and conditions as set out under the Transaction Documents). | The Company has completed the acquisition of 90% of the share capital of Cloud Wave and the indirect acquisition of 90% of the share capital of Cloud Wave's wholly owned subsidiaries, Protohubs and Aureate on 10 September 2026. The remaining 10% shareholding of Cloud Wave may be subsequently acquired by the Company (subject to the terms and conditions as set out under the Transaction Documents). | The Company has completed the acquisition of 90% of the share capital of Cloud Wave and the indirect acquisition of 90% of the share capital of Cloud Wave's wholly owned subsidiaries, Protohubs and Aureate on 10 September 2026. The remaining 10% shareholding of Cloud Wave may be subsequently acquired by the Company (subject to the terms and conditions as set out under the Transaction Documents). |
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
Column boundaries are incomplete. Use the source document to interpret these figures.
Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com
AXISCADES
AXISCADES Technologies Limited
| Sl. No . | Particulars | Details with respect to Cloud Wave | Details with respect to Protohubs | Details with respect to Aureate |
|---|---|---|---|---|
| 7 | Nature of consideration - whether cash consideration or share swap and details of the same | Cash consideration. | As Protohubs is a wholly owned subsidiary of Cloud Wave, separate consideration is not being paid for the indirect acquisition. | As Aureate is a wholly owned subsidiary of Cloud Wave, separate consideration is not being paid for the indirect acquisition. |
| 8 | Cost of acquisition or the price at which the shares are acquired | Cash consideration of INR 234 crores subject to post-closing adjustments as per the provisions of the Share Purchase Agreement, to acquire 90% of the share capital of Cloud Wave, at an enterprise valuation of approximately INR 260 crores. | Cash consideration of INR 234 crores subject to post-closing adjustments as per the provisions of the Share Purchase Agreement, to acquire 90% of the share capital of Cloud Wave, at an enterprise valuation of approximately INR 260 crores. | Cash consideration of INR 234 crores subject to post-closing adjustments as per the provisions of the Share Purchase Agreement, to acquire 90% of the share capital of Cloud Wave, at an enterprise valuation of approximately INR 260 crores. |
| 9 | Percentage of shareholding / control acquired and / or number of shares acquired | Please refer to point (6) above. | Please refer to point (6) above. | Please refer to point (6) above. |
| 10 | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) | Cloud Wave was incorporated in 2014 and is headquartered in Bengaluru, India. It is an AS9100D- certified precision manufacturing company operating seven manufacturing units, providing precision machining, sheet metal fabrication and stamping, plastic injection moulding, plastic 3D | Protohubs was incorporated in 2025 and is headquartered in Bengaluru, India. Protohubs is engaged in the business of prototyping and manufacturing. Its activities include additive manufacturing, vacuum casting, surface finishing and mechanical kit assembly. Its product portfolio | Aureate was incorporated in 2025 and is headquartered in Bengaluru, India. Aureate is engaged in the business of precision tooling, plastic injection moulding and die casting. It has an in-house mould design team that develops designs based on customer models. Its product |
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
Column boundaries are incomplete. Use the source document to interpret these figures.
Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com
AXISCADES
| Sl. No . Particulars | Details with respect to Cloud Wave | Details with respect to Protohubs | Details with respect to Aureate |
|---|---|---|---|
| printing, surface treatment, and wire harness manufacturing. Its customer base includes companies in the Aerospace & Defence, Semiconductor sectors, and it serves both domestic and export markets. Date of Incorporation: August 13, 2014 History of last 3 years' turnover (audited): FY 23-24: INR 36.98 Cr. FY 24-25: INR 68.25 Cr. FY 25-26: INR107.78 Cr. | mainly covers 3D printed parts, precision parts, vacuum cast parts, and mechanical or metallic kits that can be used for integration into customer projects. It provides customers services across the aerospace and defence, automotive, medical, consumer goods and industrial manufacturing sectors. Date of Incorporation: April 7, 2025 History of last 3 years' turnover (audited): FY 23-24: NA | portfolio covers injection moulded parts, plastic components, die casting components, press tools, gauges and fixtures. It also provides value-added services such as sub- assembly, labelling and adhesive application. It primarily caters to customers in the automotive, medical, electrical, robotics, aerospace, electronics and industrial sectors. Date of Incorporation: April 16, 2025 History of last 3 years' turnover (audited): FY 23-24: NA FY 24-25: NA |
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
Reg. Office: Block C, Second Floor, Kirloskar Business Park, Bengaluru -560024, Karnataka, INDIA
Column boundaries are incomplete. Use the source document to interpret these figures.
Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com
AXISCADES
| Sl. No Particulars | Details with respect to Cloud Wave | Details with respect to Protohubs | Details with respect to Aureate |
|---|---|---|---|
| . | Country in which the entity has presence: India | FY 24-25: NA FY 25-26: INR 6.54 Cr. Country in which the entity has presence: India | FY 25-26: INR 6.99 Cr. Country in which the entity has presence: India |
For AXISCADES Technologies Limited
Sonal Dudani
Company Secretary & Compliance Officer
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
AXISCADES Technologies Limited disclosed completion of acquisitions on 10 September 2026.
AXISCADES Technologies Limited executed a Share Purchase Agreement with Cloud Wave Technologies Private Limited, Protohubs System Solutions Private Limited, Aureate Polymet Private Limited, Mr. Satish Kumar Pinninti, Mr. Chandrashekar Ramegowda Devalapura, Mr. Mahadevapura Raghavendra Rao Prakash, Mr. Ann Antony and Mrs. Deepika on September 10, 2026.
AXISCADES Technologies Limited executed a Shareholders' Agreement with Cloud Wave and Mr. Satish Kumar Pinninti on September 10, 2026.
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