Rs 1,260 Crore Order Book: Aerospace & Defence Company Receives Order of USD 1 Million from Two of the World’s Largest Hyperscalers

On Thursday, multibagger defence stock hit a 5 per cent upper circuit to Rs 1,437.20 per share from its previous closing of Rs 1,368.80 per share.

AXISCADES Technologies Ltd's subsidiary, Mistral Solutions Private Limited, has secured two small pilot contracts valued at approximately USD 1 million in total. These contracts are with two of the world’s largest "hyperscalers," or large cloud providers. The work includes developing production line testing equipment for one client and a development test apparatus for audio products for the other.

To support these new international contracts, AXISCADES is investing in new infrastructure, including an Acoustic Lab and a 3D printed PCB prototype facility in Bangalore. The company is also establishing a front-end engineering team in the United States. While the initial contracts are modest in size, they represent significant entry points with the potential for exponential future growth and annuity revenue.

About the Company

Axiscades Technologies Ltd 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. It 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.

The company has a market cap of over Rs 6,000 crore and as of June 30, 2025, the company’s order book stands at Rs 1,260 crore. The stock gave multibagger returns of 150 per cent in just 1 year and a whopping 2,150 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.