DCX Systems Ltd Share Price – NSE /  BSE

Aerospace & Defence, Small Cap

The company’s wholly owned subsidiary, Raneal Advanced Systems has also set up additional unit under domestic tariff Area (DTA) located in Bengaluru to carry out manufacturing activities in relation to printed circuit board assemblies and electronic sub-assemblies.

The commercial production/operation of both units is expected to commence from March 2025.

Meanwhile, the company has received domestic and export purchase orders from its customers amounting to about Rs 24.51 crore to manufacture and supply of cable and wire harness assemblies.

These includes an order worth Rs 9.33 crore from Bharat Electronics, Rs 5.63 crore from Rafael Advanced Defence Systems, Israel and Rs 5.58 crore from Alpha-Elsec Defence & Aerospace Systems, India. Additionally, the company received an order for Rs 3.46 crore from Elbit Systems Israel, Rs 28.50 lakhs from India Optimel and Rs 23.44 lakhs from Elbit Systems, Israel.

DCX Systems is one of the leading Indian manufacturers of electronic sub-systems and cable harnesses in the defense and aerospace sectors. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

The company’s consolidated net profit slipped 25.19% to Rs 10.01 crore in Q3 FY25, compared with Rs 13.38 crore recorded in Q3 FY24. However, revenue from operations rose marginally to Rs 200.01 crore in the December 2024 quarter, compared with Rs 198.16 crore posted in Q3 FY24.

The counter declined 3.63% to end at Rs 251.05 on 17th February 2025.

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However, revenue from operations rose marginally to Rs 200.01 crore in the December 2024 quarter, compared with Rs 198.16 crore posted in Q3 FY24.

Profit before tax in the third quarter of FY25 was at Rs 15.95 crore, down 1.12% as against Rs 16.13 crore reported in the same period a year ago.

EBIT stood at Rs 17.65 crore in the December 2024 quarter, registering a decline of 25.93% YoY. EBIT margin slipped 8.82% in Q3 FY25, compared to 12.03% registered in the corresponding quarter previous year.

On a 9-month basis, the company’s consolidated net profit declined by 57.58% to Rs 18.17 crore on 16.95% drop in revenue from operations to Rs 590.22 crore in 9M FY25 compared to 9M FY24.

Consolidated order book (including Raneal Advanced Systems) as of 31 December 2024 stood over Rs 3,359 crore.

H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “Despite macro-economic uncertainties and continued geo-political tensions in parts of the world, DCX has demonstrated resilience in navigating the dynamic market conditions. Recent milestones during this quarter reflect our strategic efforts and focus areas. Top line continued to expand based on successful execution of our order book. I am glad to share that we have continued to grow our order book during this quarter by securing several new orders.

Some of the new contracts we bagged during this quarter include orders from overseas customers worth USD 160 Mn as well as from our prestigious customers like IAI-ELTA SYSTEMS and Lockheed Martin. These contracts reflect the strong brand recall that DCX has built for itself in the global markets, through its unmatched product quality, consistency in delivery, and robust production capabilities.

I am glad to share that both DCX and our W-o-S Raneal have cleared all its short term and long-term fund-based borrowings from the lenders and are now debt free. Further, we have been reassured of A-/Stable and A2+ credit rating for our long-term and shortterm borrowings from the reputed credit rating agency CRISIL, which demonstrates stability in the business.

Our focus continues to be on entering new geographies, leveraging Make-in-India initiative and establishing DCX as a Product company through Transfer of Technology (ToT). We shall continue to improve operational efficiencies to deliver sustainable value for all our stakeholders. I thank the entire team of DCX and all our stakeholders for your faith and support which helps us set and achieve new benchmarks.”

DCX Systems is one of the leading Indian manufacturers of electronic sub-systems and cable harnesses in the defense and aerospace sectors. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

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Net profit of DCX Systems declined 25.19% to Rs 10.01 crore in the quarter ended December 2024 as against Rs 13.38 crore during the previous quarter ended December 2023. Sales rose 0.93% to Rs 200.01 crore in the quarter ended December 2024 as against Rs 198.16 crore during the previous quarter ended December 2023.

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However, revenue from operations rose marginally to Rs 200.01 crore in the December 2024 quarter, compared with Rs 198.16 crore posted in Q3 FY24.

Profit before tax in the third quarter of FY25 was at Rs 15.95 crore, down 1.12% as against Rs 16.13 crore reported in the same period a year ago.

EBIT stood at Rs 17.65 crore in the December 2024 quarter, registering a decline of 25.93% YoY. EBIT margin slipped 8.82% in Q3 FY25, compared to 12.03% registered in the corresponding quarter previous year.

On a 9-month basis, the company’s consolidated net profit declined by 57.58% to Rs 18.17 crore on 16.95% drop in revenue from operations to Rs 590.22 crore in 9M FY25 compared to 9M FY24.

Consolidated order book (including Raneal Advanced Systems) as of 31 December 2024 stood over Rs 3,359 crore.

H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “Despite macro-economic uncertainties and continued geo-political tensions in parts of the world, DCX has demonstrated resilience in navigating the dynamic market conditions. Recent milestones during this quarter reflect our strategic efforts and focus areas. Top line continued to expand based on successful execution of our order book. I am glad to share that we have continued to grow our order book during this quarter by securing several new orders.

Some of the new contracts we bagged during this quarter include orders from overseas customers worth USD 160 Mn as well as from our prestigious customers like IAI-ELTA SYSTEMS and Lockheed Martin. These contracts reflect the strong brand recall that DCX has built for itself in the global markets, through its unmatched product quality, consistency in delivery, and robust production capabilities.

I am glad to share that both DCX and our W-o-S Raneal have cleared all its short term and long-term fund-based borrowings from the lenders and are now debt free. Further, we have been reassured of A-/Stable and A2+ credit rating for our long-term and shortterm borrowings from the reputed credit rating agency CRISIL, which demonstrates stability in the business.

Our focus continues to be on entering new geographies, leveraging Make-in-India initiative and establishing DCX as a Product company through Transfer of Technology (ToT). We shall continue to improve operational efficiencies to deliver sustainable value for all our stakeholders. I thank the entire team of DCX and all our stakeholders for your faith and support which helps us set and achieve new benchmarks.”

DCX Systems is one of the leading Indian manufacturers of electronic sub-systems and cable harnesses in the defense and aerospace sectors. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

Powered by Capital Market - Live News

Net profit of DCX Systems declined 25.19% to Rs 10.01 crore in the quarter ended December 2024 as against Rs 13.38 crore during the previous quarter ended December 2023. Sales rose 0.93% to Rs 200.01 crore in the quarter ended December 2024 as against Rs 198.16 crore during the previous quarter ended December 2023.

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DCX Systems will hold a meeting of the Board of Directors of the Company on 6 February 2025.

Powered by Capital Market - Live News

The company’s wholly owned subsidiary, Raneal Advanced Systems has also set up additional unit under domestic tariff Area (DTA) located in Bengaluru to carry out manufacturing activities in relation to printed circuit board assemblies and electronic sub-assemblies.

The commercial production/operation of both units is expected to commence from March 2025.

Meanwhile, the company has received domestic and export purchase orders from its customers amounting to about Rs 24.51 crore to manufacture and supply of cable and wire harness assemblies.

These includes an order worth Rs 9.33 crore from Bharat Electronics, Rs 5.63 crore from Rafael Advanced Defence Systems, Israel and Rs 5.58 crore from Alpha-Elsec Defence & Aerospace Systems, India. Additionally, the company received an order for Rs 3.46 crore from Elbit Systems Israel, Rs 28.50 lakhs from India Optimel and Rs 23.44 lakhs from Elbit Systems, Israel.

DCX Systems is one of the leading Indian manufacturers of electronic sub-systems and cable harnesses in the defense and aerospace sectors. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

The company’s consolidated net profit slipped 25.19% to Rs 10.01 crore in Q3 FY25, compared with Rs 13.38 crore recorded in Q3 FY24. However, revenue from operations rose marginally to Rs 200.01 crore in the December 2024 quarter, compared with Rs 198.16 crore posted in Q3 FY24.

The counter declined 3.63% to end at Rs 251.05 on 17th February 2025.

Powered by Capital Market - Live News

However, revenue from operations rose marginally to Rs 200.01 crore in the December 2024 quarter, compared with Rs 198.16 crore posted in Q3 FY24.

Profit before tax in the third quarter of FY25 was at Rs 15.95 crore, down 1.12% as against Rs 16.13 crore reported in the same period a year ago.

EBIT stood at Rs 17.65 crore in the December 2024 quarter, registering a decline of 25.93% YoY. EBIT margin slipped 8.82% in Q3 FY25, compared to 12.03% registered in the corresponding quarter previous year.

On a 9-month basis, the company’s consolidated net profit declined by 57.58% to Rs 18.17 crore on 16.95% drop in revenue from operations to Rs 590.22 crore in 9M FY25 compared to 9M FY24.

Consolidated order book (including Raneal Advanced Systems) as of 31 December 2024 stood over Rs 3,359 crore.

H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “Despite macro-economic uncertainties and continued geo-political tensions in parts of the world, DCX has demonstrated resilience in navigating the dynamic market conditions. Recent milestones during this quarter reflect our strategic efforts and focus areas. Top line continued to expand based on successful execution of our order book. I am glad to share that we have continued to grow our order book during this quarter by securing several new orders.

Some of the new contracts we bagged during this quarter include orders from overseas customers worth USD 160 Mn as well as from our prestigious customers like IAI-ELTA SYSTEMS and Lockheed Martin. These contracts reflect the strong brand recall that DCX has built for itself in the global markets, through its unmatched product quality, consistency in delivery, and robust production capabilities.

I am glad to share that both DCX and our W-o-S Raneal have cleared all its short term and long-term fund-based borrowings from the lenders and are now debt free. Further, we have been reassured of A-/Stable and A2+ credit rating for our long-term and shortterm borrowings from the reputed credit rating agency CRISIL, which demonstrates stability in the business.

Our focus continues to be on entering new geographies, leveraging Make-in-India initiative and establishing DCX as a Product company through Transfer of Technology (ToT). We shall continue to improve operational efficiencies to deliver sustainable value for all our stakeholders. I thank the entire team of DCX and all our stakeholders for your faith and support which helps us set and achieve new benchmarks.”

DCX Systems is one of the leading Indian manufacturers of electronic sub-systems and cable harnesses in the defense and aerospace sectors. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

Powered by Capital Market - Live News

Net profit of DCX Systems declined 25.19% to Rs 10.01 crore in the quarter ended December 2024 as against Rs 13.38 crore during the previous quarter ended December 2023. Sales rose 0.93% to Rs 200.01 crore in the quarter ended December 2024 as against Rs 198.16 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

However, revenue from operations rose marginally to Rs 200.01 crore in the December 2024 quarter, compared with Rs 198.16 crore posted in Q3 FY24.

Profit before tax in the third quarter of FY25 was at Rs 15.95 crore, down 1.12% as against Rs 16.13 crore reported in the same period a year ago.

EBIT stood at Rs 17.65 crore in the December 2024 quarter, registering a decline of 25.93% YoY. EBIT margin slipped 8.82% in Q3 FY25, compared to 12.03% registered in the corresponding quarter previous year.

On a 9-month basis, the company’s consolidated net profit declined by 57.58% to Rs 18.17 crore on 16.95% drop in revenue from operations to Rs 590.22 crore in 9M FY25 compared to 9M FY24.

Consolidated order book (including Raneal Advanced Systems) as of 31 December 2024 stood over Rs 3,359 crore.

H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “Despite macro-economic uncertainties and continued geo-political tensions in parts of the world, DCX has demonstrated resilience in navigating the dynamic market conditions. Recent milestones during this quarter reflect our strategic efforts and focus areas. Top line continued to expand based on successful execution of our order book. I am glad to share that we have continued to grow our order book during this quarter by securing several new orders.

Some of the new contracts we bagged during this quarter include orders from overseas customers worth USD 160 Mn as well as from our prestigious customers like IAI-ELTA SYSTEMS and Lockheed Martin. These contracts reflect the strong brand recall that DCX has built for itself in the global markets, through its unmatched product quality, consistency in delivery, and robust production capabilities.

I am glad to share that both DCX and our W-o-S Raneal have cleared all its short term and long-term fund-based borrowings from the lenders and are now debt free. Further, we have been reassured of A-/Stable and A2+ credit rating for our long-term and shortterm borrowings from the reputed credit rating agency CRISIL, which demonstrates stability in the business.

Our focus continues to be on entering new geographies, leveraging Make-in-India initiative and establishing DCX as a Product company through Transfer of Technology (ToT). We shall continue to improve operational efficiencies to deliver sustainable value for all our stakeholders. I thank the entire team of DCX and all our stakeholders for your faith and support which helps us set and achieve new benchmarks.”

DCX Systems is one of the leading Indian manufacturers of electronic sub-systems and cable harnesses in the defense and aerospace sectors. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

Powered by Capital Market - Live News

Net profit of DCX Systems declined 25.19% to Rs 10.01 crore in the quarter ended December 2024 as against Rs 13.38 crore during the previous quarter ended December 2023. Sales rose 0.93% to Rs 200.01 crore in the quarter ended December 2024 as against Rs 198.16 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

DCX Systems will hold a meeting of the Board of Directors of the Company on 6 February 2025.

Powered by Capital Market - Live News