--- title: "Axis Solutions Ltd (511144) — Share Price, Financials & Analysis" symbol: "511144" company: "Axis Solutions Ltd" canonical: "https://tapetide.com/stocks/511144" isin: "INE520G01024" bse_code: "511144" sector: "Information Technology" industry: "IT - Software" market_cap_cr: 2845.51 generated_at: "2026-10-13T11:55:37.145Z" --- # Axis Solutions Ltd (511144) Canonical page: https://tapetide.com/stocks/511144 ## Company - **BSE Code:** 511144 - **ISIN:** INE520G01024 - **Sector:** Information Technology - **Industry:** IT - Software - **Macro Sector:** Information Technology - **Stock Type:** EQUITY - **Listed Since:** 2006-03-01 - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** axisindia.in ## About Incorporated in 1985, Axis Solutions Ltd manufactures various engineering products.[1] ## Latest Price - **Price:** ₹602.1 - **Change:** -12.25 (-1.99%) - **Open:** ₹602.1 - **Day High:** ₹602.1 - **Day Low:** ₹602.1 - **Previous Close:** ₹614.35 - **Volume:** 752 - **As Of:** 2026-10-13T11:00:09+00:00 ## Key Fundamentals Price-based figures as of 2026-10-13T16:30:09+05:30. Observed at 2026-10-13T04:38:48.445837Z. - **Market Cap:** ₹2845.51 Cr - **Classification:** Microcap - **P/E (TTM):** 93.64 - **EPS (TTM):** ₹6.43 - **Book Value:** ₹30.43 - **Price to Book:** 19.79 - **Dividend Yield:** 0.1% - **ROE:** 20.37% - **ROCE:** 27.66% - **Debt to Equity:** 0.56 - **Revenue (yearly):** ₹241.1 Cr - **Net Income:** ₹28.8 Cr - **EBITDA:** ₹45.5 Cr - **52-Week High:** ₹679.25 - **52-Week Low:** ₹45.89 - **RSI (14):** 54.75 ## Key Insights ### Strengths - Company is expected to give good quarter - Company has delivered good profit growth of 296% CAGR over last 5 years - Company has a good return on equity (ROE) track record: 3 Years ROE 34.7% - Company's median sales growth is 48.8% of last 10 years ### Weaknesses - Stock is trading at 20.5 times its book value - Company might be capitalizing the interest cost - Company has high debtors of 208 days. ## Growth Rates | Metric | QoQ | 1Y | 3Y | 5Y | | --- | --- | --- | --- | --- | | cash flow growth | — | -10.55% | -295.04% | — | | ebitda margin growth | -78.69% | 2.67% | 0.43% | 222.56% | | net income growth | -81.21% | -14.03% | 42% | 296% | | revenue growth | -58.21% | 18.65% | 53% | 44% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 38.71 | 25.61 | 55.58 | 22.9 | 41.89 | 37.3 | 98.59 | 27.43 | 48.47 | 46.01 | 116.47 | 48.67 | | Expenses | 21.88 | 21.64 | 53.21 | 12.13 | 32.13 | 34.89 | 84.54 | 24.25 | 41.93 | 38.78 | 88.46 | 41.82 | | Operating Profit | 16.83 | 3.97 | 2.37 | 10.77 | 9.76 | 2.41 | 14.05 | 3.18 | 6.54 | 7.23 | 28.01 | 6.85 | | OPM % | 43.48 | 15.5 | 4.26 | 47.03 | 23.3 | 6.46 | 14.25 | 11.59 | 13.49 | 15.71 | 24.05 | 14.07 | | Other Income | 0.19 | 0.1 | 10.07 | 0.09 | 0.11 | 0.45 | 1.24 | 0.08 | 0.14 | 0.07 | 0.2 | 0.07 | | Interest | 0.7 | 0.87 | 0.61 | 0.57 | 0.67 | 0.9 | 1.17 | 0.72 | 1.22 | 1.09 | 1.6 | 1.95 | | Depreciation | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.5 | 0.33 | 0.32 | 0.34 | 0.6 | 0.79 | | Profit before tax | 16.09 | 2.97 | 11.6 | 10.06 | 8.97 | 1.73 | 13.62 | 2.21 | 5.14 | 5.87 | 26.01 | 4.18 | | Tax % | 0 | 0 | 0 | 0 | 0 | 0 | -4.48 | 0 | 0 | 0 | 39.56 | 12.68 | | Net Profit | 16.08 | 2.97 | 11.6 | 10.07 | 8.98 | 1.73 | 14.23 | 2.21 | 5.15 | 5.87 | 15.72 | 3.65 | | EPS in Rs | 13.34 | 2.46 | 9.62 | 8.35 | 1.9 | 0.37 | 3.01 | 0.47 | 1.09 | 1.24 | 3.33 | 0.77 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 9 | 14 | 34 | 38 | 28 | 67 | 136 | 201 | 238 | 260 | | Expenses | 9 | 14 | 34 | 38 | 28 | 95 | 111 | 164 | 193 | 211 | | Operating Profit | 0 | 0 | 0 | 0 | 0 | -28 | 25 | 37 | 45 | 49 | | OPM % | 0 | 1.8 | 0 | 0.4 | -0.9 | -42 | 19 | 18 | 19 | 19 | | Other Income | 1 | 1 | 0 | 0 | 0 | 0 | 10 | 2 | 0 | 0 | | Interest | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 | 5 | 6 | | Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | | Profit before tax | 0 | 0 | 0 | 0 | 0 | -31 | 32 | 34 | 39 | 41 | | Tax % | 21 | 18 | — | 33 | 433 | 6 | 0 | -2 | 26 | — | | Net Profit | 0 | 0 | 0 | 0 | 0 | -33 | 32 | 35 | 29 | 30 | | EPS in Rs | 0.12 | 0.26 | 0.01 | 0.05 | -0.09 | -27.51 | 26.32 | 7.41 | 6.15 | 6.43 | | Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 10 | — | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 44 | 47 | 47 | | Reserves | 13 | 13 | 13 | 13 | 13 | 13 | -13 | 14 | 70 | 97 | | Borrowings | 0 | 4 | 4 | 5 | 7 | 11 | 61 | 35 | 38 | 81 | | Other Liabilities | 0 | 7 | 5 | 19 | 26 | 48 | 29 | 39 | 46 | 52 | | Total Liabilities | 25 | 36 | 35 | 49 | 58 | 84 | 89 | 132 | 202 | 278 | | Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 47 | 48 | 57 | | CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | | Investments | 19 | 20 | 20 | 19 | 19 | 19 | 0 | 0 | 0 | 0 | | Other Assets | 6 | 16 | 15 | 30 | 39 | 65 | 70 | 84 | 152 | 219 | | Total Assets | 25 | 36 | 35 | 49 | 58 | 84 | 89 | 132 | 202 | 278 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 0 | -4 | 0 | -2 | -2 | -4 | -19 | 11 | -21 | -22 | | Cash from Investing Activity | -7 | 0 | 1 | 1 | 0 | 0 | -20 | 18 | -3 | -12 | | Cash from Financing Activity | 8 | 4 | -1 | 1 | 1 | 4 | 36 | -27 | 26 | 37 | | Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 2 | 2 | 4 | | Free Cash Flow | 0 | -4 | 0 | -2 | -2 | -4 | -19 | 10 | -23 | -33 | | CFO/OP | 136 | — | -12 | -19100 | -1175 | 1536 | 103 | 45 | -56 | -49 | ### Ratios | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | — | 370 | 162 | 222 | 184 | 558 | 96 | 119 | 174 | 208 | | Inventory Days | — | 11 | 17 | 0 | 0 | 0 | 232 | 129 | 117 | 100 | | Days Payable | — | 284 | 80 | 200 | — | — | 224 | 103 | 72 | 86 | | Cash Conversion Cycle | — | 96 | 99 | 21 | 184 | 558 | 103 | 145 | 219 | 222 | | Working Capital Days | — | 104 | 32 | 21 | -68 | -135 | 19 | 60 | 134 | 138 | | ROCE % | 1 | 2 | 3 | 2 | 2 | 0 | -59 | 32 | 30 | 23 | ## Shareholding Pattern ### Quarterly | Category | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 2.45% | 2.45% | 2.45% | 2.45% | 85.64% | 85.64% | 85.64% | 85.64% | 85.64% | 85.64% | 85.64% | 85.64% | | FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | | DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | | Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | | Public | 57.79% | 57.79% | 58.22% | 58.22% | 13.86% | 13.86% | 11.57% | 11.56% | 11.56% | 11.3% | 11.35% | 11.36% | | Others | 39.75% | 39.75% | 39.33% | 39.33% | 0.5% | 0.5% | 1.06% | 1.06% | 1.06% | 1.32% | 1.27% | 1.27% | | No. of Shareholders | 4285 | 4285 | 4572 | 4572 | 4706 | 4706 | 2752 | 2689 | 2619 | 2540 | 2709 | 3441 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Strong Buy - **Buy / Neutral / Sell:** 11 / 5 / 3 ### Moving Averages — summary: **Strong Buy** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 633.84 | Sell | | EMA (10) | 627.09 | Sell | | SMA (20) | 610.61 | Buy | | EMA (20) | 611.84 | Buy | | SMA (50) | 561.96 | Buy | | EMA (50) | 540.22 | Buy | | SMA (100) | 379.35 | Buy | | EMA (100) | 420.76 | Buy | | SMA (200) | 201.28 | Buy | | EMA (200) | 281.65 | Buy | ### Oscillators — summary: **Buy** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 54.91 | Neutral | | MACD (12,26,9) | 24.08 | Sell | | Stochastic (14,3,3) | 60.65 | Neutral | | ADX (14) | 32.61 | Buy | | Williams %R (14) | -48.82 | Neutral | | ATR (14) | 16.11 | Neutral | | ROC (12) | 8.07 | Buy | | Stoch RSI (14) | 15.31 | Buy | | UO (7,14,28) | 51.7 | Neutral | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 2026-05-11 | [Regulation 30-Petchem & Chemical Leadership Connect](https://www.bseindia.com/xml-data/corpfiling/AttachLive/588519fa-77ff-4826-bf87-e712e7d2e52d.pdf) | | 2026-04-13 | [Announcement under Regulation 30 (LODR)-Change in RTA](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d1df47d-98df-451f-a88a-dac35e08a6ed.pdf) | | 2026-04-11 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf8c6af0-29cc-45e4-8a2a-291a6b503e8d.pdf) | | 2026-04-11 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf8c6af0-29cc-45e4-8a2a-291a6b503e8d.pdf) | | 2026-03-27 | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3abab78-d207-49fa-80f4-4d769632692f.pdf) | | 2026-03-26 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c96b3a00-7e29-45f8-8f07-de599577e9cc.pdf) | | 2026-03-17 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/138e1816-2ea2-4d91-a0a1-7b54d6a53871.pdf) | | 2026-03-12 | [Execution Of Loan Agreement By The Company](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03048a16-e0fc-493f-a768-c4709ff2e235.pdf) | | 2026-03-07 | [Intimation Under Regulation 6(1) Of The SEBI (LODR) Regulations 2015](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6382c703-8f57-48f8-8c71-4ca48cdc28fa.pdf) | | 2026-03-07 | [Announcement under Regulation 30 (LODR)-Change in RTA](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8e4c5bdc-0846-4443-a435-ea7d3aa5d5bb.pdf) | ### Annual Reports | Date | Document | | --- | --- | | 2026 | [Annual Report 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f08c7d5b-c206-41b5-9606-37d2e42cf5c9.pdf) | | 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5c6661a-830d-4a9d-8e14-d812381fa557.pdf) | | 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25662f5c-0ccf-477b-97d5-cdd1d3e80ddc.pdf) | | 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/511144/72848511144_27_12_21.pdf) | | 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/511144/67798511144.pdf) | | Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/511144/5111440319.pdf) | | Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/511144/5111440318.pdf) | | Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/511144/5111440317.pdf) | | Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/511144/5111440316.pdf) | | Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/511144/5111440315.pdf) | ### Earnings Call Documents | Date | Document | | --- | --- | | Aug 2026 | [Concall - Aug 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77f12330-499c-4ca9-a8fb-d578fb23d18a.pdf) | ### Earnings Call Recordings | Date | Document | | --- | --- | | 2026-08-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc0ec57e-afac-4f3b-952d-ee0fbc1cb7ab.pdf) | ### Earnings Call Transcripts | Date | Document | | --- | --- | | 2026-08-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77f12330-499c-4ca9-a8fb-d578fb23d18a.pdf) | ### Credit Rating Reports | Date | Document | | --- | --- | | 2026-10-07 | Credit rating update — CRISIL | | 2026-02-06 | Credit rating update — India Ratings | | 2025-07-09 | Credit rating update — CRISIL | ### Investor Presentations | Date | Document | | --- | --- | | 2026-07-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25db6490-2769-46fc-93e5-c88eb40994fc.pdf) | ### Exchange Filings & Announcements | Date | Document | | --- | --- | | 2026-10-07 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8cd08a6-6aca-49c9-8fd4-9fe70455b2ca.pdf) | | 2026-10-06 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1c447cf-89f9-4ca6-b72c-db8c3ef553d4.pdf) | | 2026-10-01 | [News Feed -Presence In Process Gas Analyzer Systems With A Large Steel Plant Through An International Project](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=592518d1-1181-446b-931d-795053e82aa9.pdf) | | 2026-09-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f471bf3b-0d11-40fb-9bf9-a7838b066469.pdf) | | 2026-09-22 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ba30669-f311-4aa4-80e9-d6fd9b1b6e84.pdf) | | 2026-09-19 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=badba713-8800-4a08-a352-d7a20ef5c527.pdf) | | 2026-09-19 | [Re-Appointment Of Secretarial Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=127d77f1-6826-4c3a-9b5a-694bd32dd095.pdf) | | 2026-09-19 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15fcca43-ec73-410f-b088-41934082634c.pdf) | | 2026-09-15 | [Launch Of An Industry Supported Lab In The Instrumentation & Control (I&C) Department](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3a98981-06e6-4b8d-8613-b3adb4c2f3a1.pdf) | | 2026-09-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=febfc19c-4711-4f04-9842-9f34deb9887f.pdf) | ### Results & Financial Statements | Date | Document | | --- | --- | | 2026-07-31 | [Un-Audited Financial Results For The Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=676df386-638c-42d5-95f6-c5b0d44a9643.pdf) | | 2026-05-21 | [Standalone And Consolidated Financial Result For The Quarter And Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39ddf79e-93b8-42fb-9440-7993e29b8cab.pdf) | | 2026-02-10 | [Result- For The Quarter Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=084c296a-955b-4417-8c1a-b44b358ab9b9.pdf) | | 2025-11-14 | [Financial Result For The Quarter Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d3c4e8b-d2bc-4ab8-9d2e-7561f2f584a6.pdf) | | 2025-08-07 | [Results- Financial Result For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d778d0bb-0975-4ae9-8e75-6aebd938f58d.pdf) | | 2025-06-05 | [Revised Financial Result For The Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6c46106-8dc5-4399-a8b8-c61b908085bd.pdf) | | 2025-05-30 | [Results- Financial Result For The Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69a78e39-96a3-4b32-9ecc-d203057f3a4f.pdf) | | 2025-02-14 | [Un-Audited Financial Result For The Quarter Ended On 31St December2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42bf3424-4d72-48ad-af0f-30ccb12ee3a6.pdf) | | 2024-11-14 | [Approval Of Unaudited Financial Results For The Quarter Ended On 30.06.2024 & 30.09.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca90511a-d4ed-4ebe-aebc-33db89addc02.pdf) | | 2022-08-15 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ae517b5-e874-4a50-8795-8ec1bd7c67be.pdf) | --- Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:55:37.145Z.