Rs 1,800 Crore Order Book: This Defence Company Secures Rs 600 Crore Defence Orders Boosting Radar and Naval Programs

AXISCADES Technologies Limited has announced new orders in the defence electronics sector worth approximately Rs 600 Crores, covering airborne, naval, and radar programs. These orders, received through its defence subsidiaries from premier Indian Defence laboratories, further integrate the company into India’s defence modernisation and self-reliance initiatives. AXISCADES, a technology solutions provider in Defence, Electronics, Semiconductor, and Artificial Intelligence (ESAI) applications, will develop and supply advanced sub-systems for indigenous platforms of leading Defence agencies, including DRDOs and Defence PSUs.

Key projects include contributions to the VIRUPAKSHA (AESA) Radar Program for the Su-30 MKI upgrade, where AXISCADES will design and supply the Exciter Unit, Receiver Unit, and Antenna Beam Control Motherboard. This radar will replace the current Russian-made radar on the Su-30 fleet. Additionally, the company will provide Transmit-Receive (TR) modules for S-Band Surveillance Radars to enhance detection, tracking, and signal integrity. AXISCADES is also developing Digital Beam Forming (DBF) units for the Long-range Battle Management Radar (LRBMR), designated KUSHA, an S-band radar with a detection range of over 500 km capable of multi-target engagement.

In the naval domain, AXISCADES will develop and deliver the Homing Receiver for the Electric Heavy Weight Torpedo (EHWT), crucial for autonomous target acquisition. The company has also secured production-scale orders for various sonar sub-systems for submarines, consolidating its position in undersea warfare electronics. These contracts are expected to generate stable revenues over the next three to five years through development, prototyping, and full-scale production.

The company has a market cap of over Rs 5,200 crore and as of March 31, 2025, the company’s order book stands at Rs 1,800 crore. The stock gave multibagger returns of 116 per cent in just 1 year and a whopping 2,144 per cent in 5 years.

AXISCADES operates across aerospace, defence, heavy engineering, automotive, energy, medical, and industrial products, offering design, engineering, and manufacturing solutions. The latest defence orders highlight its expanding footprint in indigenized military systems, adding to its order book and growth outlook.

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