AXISCADES Technologies Limited (AXISCADES)
Press Release titled "AXISCADES Technologies to acquire Cloud Wave Technologies, Accelerating Entry into Aerospace Manufacturing"
AXISCADES Technologies to acquire majority stake in Cloud Wave Technologies for approx INR 260 Cr
- Cloud Wave is AS9100D-certified with 7 manufacturing units, serving Aerospace, Defence, Semiconductor sectors
- Cloud Wave expected to generate INR 180 Cr revenue at 22% EBITDA in FY27
- Acquisition accelerates AXISCADES' aerospace manufacturing strategy and complements new Devanahalli facility
- AXISCADES to continue evaluating inorganic opportunities to deepen manufacturing and global customer access
Source: Original filing PDF
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🚨 AXISCADES — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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