Defence Company Secures Rs 100 Crore Defence Radar Subsystem Contract from Bharat Electronics

DSIJ Intelligence-1Categories: Mindshare, Trendingjoin us on whatsappfollow us on googleprefered on google

Defence Company Secures Rs 100 Crore Defence Radar Subsystem Contract from Bharat Electronics

The stock is up by 75 per cent in just 1 year and has given multibagger returns of 2,200 per cent in 5 years.

AXISCADES Technologies Ltd, through its subsidiary Mistral Solutions, has secured a significant contract worth approximately Rs 100 crore from Bharat Electronics Ltd (BEL) for the LLTR Ashwini programme. This domestic supply order focuses on the delivery of state-of-the-art Signal and Data Processing Units (SDPU) and associated spares for India’s indigenous Low-Level Transportable Radar system, developed in collaboration with DRDO. The contract is set to be executed over two years, providing the company with steady revenue visibility and reinforcing its position as a critical player in the high-margin embedded systems and Defence electronics sector.

The high-performance, liquid-cooled SDPUs are engineered to meet extreme operational demands, playing a vital role in enhancing low-altitude surveillance capabilities against modern aerial threats such as UAVs, helicopters and fighter jets. By integrating these proprietary embedded computing solutions into next-generation radar platforms, AXISCADES further demonstrates its technical expertise within the Aerospace, Defence, Electronics, Semiconductor and Artificial Intelligence (ESAI) domains. This strategic win not only bolsters the company’s defence portfolio but also positions Mistral Solutions to capture a larger share of the expanding indigenous defence pipeline driven by DRDO and BEL.

DSIJ’s Tiny Treasure selects Small-Cap gems with strong earnings and efficient assets, giving investors a chance to ride early growth. Download PDF Note

About the Company

AXISCADES Technologies Limited is a leading end-to-end technology and solutions provider headquartered in Bangalore, specialising in the Aerospace, Defence and ESAI domains. With a global workforce of over 3,000 professionals across 17 locations, the company supports the entire product development lifecycle—from concept to certification—to reduce program risk and accelerate time-to-market. AXISCADES maintains long-standing partnerships with global OEMs and defence organisations, leveraging deep expertise in critical areas such as weapon systems, avionics, electronic warfare and anti-drone solutions to deliver innovative, sustainable and safer products worldwide.

The company has a market cap of over Rs 5,000 crore and has delivered good profit growth of 21.3 per cent CAGR over the last 5 years. The stock is up by 75 per cent in just 1 year and has given multibagger returns of 2,200 per cent in 5 years.

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