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Company details

329.00
339.00
235.30
451.90
6M Return 33.90%
1Y Return 6.51%
Mkt Cap.(Cr) 3,680.19
Volume 190,961
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 190,961

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Defence company DCX Systems announced Q1FY25 results:

  • Revenue stood at Rs 138.08 crore in Q1FY25 as compared to Rs 170.10 crore in Q1FY24.
  • EBIT stood at Rs 10.70 crore in Q1FY25, vis-à-vis Rs 18.51 crore in Q1FY24.
  • EBIT margin stood at 7.75% in Q1FY25 as compared to 10.88% in Q1FY24.
  • Profit after Tax (PAT) stood at Rs 2.94 crore in Q1FY25 as compared to Rs 9.60 crore in Q1FY24.
  • Order Book as on 30th June 2024, is Rs 1,937 crores. 

Commenting on the company’s performance, H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “We have entered the new fiscal year on a strong note, with performance well in line with expectations during the first quarter. Backed by our commitment to quality and consistency, coupled with our manufacturing prowess, we have been able to grow our order book, while maintaining healthy profit margins.

In Q1FY25, our consolidated revenues stood at Rs 138.08 crore, while EBIT and PAT were Rs 10.70 crore and Rs 2.94 crore, respectively. Our order book stood at Rs.1,937 crores, as on 30th June 2024.

I am pleased to announce that we won several new contracts during this quarter. These include orders from L&T India, worth Rs 1,250 crores, and several orders from domestic as well as international clients, totaling Rs 32.21 crores. We also signed a supply and services agreement with IAI, which comes under our MRO line of business. These contracts reflect the trust that DCX has earned among global conglomerates, through its unmatched product quality, consistency in delivery, and robust production capabilities

Operations in our subsidiary Raneal Advanced Systems are going as planned, which has been useful in controlling the supply chain. Also, development of our obstacle detection product is also underway, through NIART Systems, our JV with ELTA System, based on radar and optics, for railway safety and efficiency.

Our focus remains on penetrating in new geographies, focusing on Make in India initiative and establishing DCX as a Product manufacturing company through Transfer of Technology (ToT) and securing raw materials supply to support the anticipated growth with better margins and rationalizing expenses to improve operational efficiencies.

I thank the entire team of DCX and all our stakeholders for your faith and support which helps us set and achieve new benchmarks.”

Result PDF

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DCX Systems Ltd shares SWOT Analysis

Strengths (5)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt
  • Annual Net Profits improving for last 2 years

Weakness (10)

  • Promoter holding decreased by more than -2% QoQ
  • Negative profit growth, promoters decreasing shareholding QoQ
  • MFs decreased their shareholding last quarter

Opportunity (0)

Data not found

Threats (5)

  • Promoter decreasing their shareholding
  • Big Deal (Insider and SAST) sells last month greater than 1% of total shares
  • High PE (PE > 40)

Resistance and support

R1 336.6
R2 342.8
R3 346.6
Pivot

332.80

S1 326.6
S2 322.8
S3 316.6
EMA SMA
338.3
348.6
347.0
332.8
337.0
364.5
348.7
340.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
UPADHYAYA AJAY SHIV NARAYAN Bulk Purchase 2024-08-19 337.95 1500000 NSE
NEOMILE GROWTH FUND - SERIES I Bulk Purchase 2024-08-19 337.95 739700 NSE
NCBG HOLDINGS INC Bulk Sell 2024-08-19 337.95 2959100 NSE
Name Category Shares
Raghavendra Rao Hosakote Shamarao PROMOTER 3.69%
VNG Technology Private Limited PROMOTER 28.63%
NCBG Holdings Inc PROMOTER 27.46%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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P BV

DCX Systems Ltd Stocks COMPARISON

Financials( in Cr) DCX Systems Ltd Hindustan Aeronautics Ltd Bharat Electronics Ltd Solar Industries India Ltd Cochin Shipyard Ltd
Price 330.40 4,597.35 290.40 10,767.30 1,794.30
% Change -1.91 -1.02 0.16 -3.05 -1.24
Mcap Cr 3,680.19 307,459.27 212,275.98 97,433.30 47,204.62
Revenue TTM Cr 1,423.58 30,381.08 20,268.24 6,069.52 3,830.45
Net Profit TTM Cr 75.78 7,620.95 3,943.11 875.23 783.28
PE TTM 54.05 37.69 49.99 108.56 55.65
1 Year Return 6.51 131.59 113.77 137.65 230.06
ROCE 9.97 26.25 32.60 30.79 21.05
ROE 8.95 28.92 26.12 29.59 16.61
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,126.26 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,552.45 55,187.18
LAST 3M 81,613.65 41,828.42
LAST 6M 187,796.56 53,284.99
LAST 12M 327,694.01 111,035.44

DCX Systems Ltd Information

Stock PE (TTM)
54.05
Promoter Holding
59.78%
Book Value
101.1122
ROCE
9.97%
ROE
8.95%
Description
  • DCX Systems Limited was incorporated on December 16, 2011 as a Private Limited Company, under the name "DCX Cable Assemblies Private Limited", at Bengaluru, Karnataka. Thereafter, name of the Company was changed to `DCX Systems Private Limited` consequent upon change of name issued by the RoC on January 3, 2022. Pursuant to conversion of the Company to Public Limited, dated February 2, 2022, name of the Company was thereafter, changed to "DCX Systems Limited" on February 18, 2022. The Company is among the leading Indian players for manufacture of electronic subsystems and cable harnesses in terms of manufacturing capability in defence and aerospace sector. It is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and is also involved in kitting. It commenced operations in year 2011 and and has been a preferred Indian Offset Partner (IOP) for foreign original equipment manufacturers (OEMs) for executing aerospace and defence manufacturing projects. The Company is rapidly growing in the Indian defence space. It classify operations under the business verticals such as, System Integration, Cable and Wire Harness Assemblies and Kitting. In addition, it undertake certain job work service including assembly and testing of materials that have been supplied directly by customers. It undertakes system integration in areas of radar systems, sensors, electronic warfare, missiles, and communication systems. It provide product assembly and system integration services to address customers` requirements. As part of its system integration services, it does in-house testing, including vibration and environmental stress testing of complex radio frequency products to ensure the quality of final products to be shipped to customers, and reliability of products` functioning under varying environmental conditions. The Company possess capabilities to manufacture complex, high-end and high-power microwave modules which that have applications in radars, antennas, electronic warfare systems, receiver sub sytems and missile systems. These capabilities include inspection and test equipment of cable tester, cirrus testers, network analyzer, crimp pull tester, microscope, leak test equipment, high voltage tester, micro-ohm meter, test station for PCBAs, automatic testing equipment for PCBAs and module testing, electrodynamic vibration shaker system, contact retention tester and vernier height gauge. Fine wire cable assemblies are extensively used in robotic, aerospace, marine, space and medical applications to obtain high performance. The cables are equipped with reinforcement tape to strengthen the ends by soldering. Electromagnetic Interference (EMI) Shielded Cables, harnesses and assemblies are designed to meet electromagnet pulses, electromagnetic compatibility, nuclear, biological and chemical and telecommunications electronics material protected from emanating spurious transmissions or TEMPEST solutions, and shielded solutions have been used in certain commercial airliner landing gear systems, secure communication systems and others. Kitting includes sourcing of components from various global manufactures and suppliers approved by the customers, compiling them, inspecting, testing and making customized packing for customers. For this, the Company take responsibility for supply of assembly-ready kits to machine feeders and beyond, based on customers` bill of materials (BOM), and deal with all aspects of procurement including controlled storage of moisture sensitive devices (MSD). The Company`s facility is set up for complete in-house environmental and electrical testing, and in-house capabilities are wide-ranging, from a complete design and development for their cable and wire harness assemblies to extensive wire processing. Their operations are based on enterprise resource planning system. Its process engineers are technically trained to meet the requirements of customers` applications. During year 2020, it commissioned a manufacturing facility located at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka, which is spread over an area of 30,000 square feet and is set up for complete in-house environmental and electrical testing and wire processing. In 2022, Raneal Advanced Systems Private Limited was incorporated as the wholly-owned subsidiary of the Company.

Registered Address

Aerospace SEZ Sec. Plot No.29,, 30 & 107 HDA Park Devanahalli, Bengaluru, Karnataka, 562110

Tel : 91-80-67119555
Email : cs:dcxindia.com
Website : http://www.dcxindia.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) :
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 543650
NSE Code : DCXINDIA
Book Closure Date (Month) :
BSE Group : T
ISIN : INE0KL801015

FAQ’s on DCX Systems Ltd Shares

You can buy DCX Systems Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy DCX Systems Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 16, 2024 04:10 PM the closing price of DCX Systems Ltd was Rs.330.40.

The latest PE ratio of DCX Systems Ltd as of Sep 16, 2024 04:10 PM is 54.05

The latest PB ratio of DCX Systems Ltd as of Sep 16, 2024 04:10 PM is 0.30

The 52-week high of DCX Systems Ltd share price is Rs. 451.90 while the 52-week low is Rs. 235.30

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 16, 2024 04:10 PM, the market cap of DCX Systems Ltd stood at Rs. 3,680.19 Cr.

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