Rs 292 crore order book: Micro-cap company announces Q1FY26 results and acquires Axis Solutions FZE, UAE

Axis Solutions Limited, previously known as Asya Infosoft Limited, announces positive Quarterly Results (Q1FY26). The company reported net sales of Rs 27.49 crore, operating profit of Rs 2.72 crore and net profit of Rs 1.75 crore.

Additionally, the company has acquired Axis Solutions FZE, UAE, a related-party transaction where Promoter Director Mr. Bijal Sanghvi held 100% of the target company's shares. Axis Solutions FZE, incorporated in 2020, trades in industrial plant equipment, oilfield and natural gas equipment, and various other engineering goods, with a turnover of AED 704,080 for FY 2024-25. Axis Solutions Limited will invest between Rs 30 lakh to Rs 1 crore to acquire 100% equity, making it a wholly-owned subsidiary, a transaction conducted at arm's length.

Earlier, the company secured a domestic order from Sarala Projects Works Private Limited for a water supply project scheme. Under the terms of the agreement, Axis Solutions Limited will provide the necessary machinery, manpower, and related resources to ensure the project's smooth execution. The project is slated for completion within 12 months from the agreement date, followed by 10 years of operation and maintenance. Payments will be received within seven days of the amount being credited to the designated account, with late delivery charges applicable if the project is not completed within the stipulated timeframe.

About Axis Solutions Limited (formerly known as Asya Infosoft Limited)

Axis Solutions Limited is a market leader as a diversified solution provider for a comprehensive range of systems and products, from complex measurement and analytical technology to automation, control, communication and IoT products and systems. The company has an in-house R&D department that strives to develop world-class innovative solutions to cope with the demands and challenges of designing systems and products for hazardous locations.

The company has a market cap of Rs 99.58 crore and has an order book of Rs 292 crore as of May 2025. The shares of the company have a PE of 3x whereas the industry PE is 27x with an ROE of 40 per cent and an ROCE of 30 per cent. The stock is up over 40 per cent from its 52-week low of Rs 15 per share. The promoters of the company hold 85.64 per cent stake, DIIs hold 1.74 per cent stake and public shareholders own 12.62 per cent stake.

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