loader2
Partner With Us NRI

DCX Systems Ltd

Company details

204.95
212.85
199.55
319.75
6M Return 0.00%
1Y Return -32.64%
Mkt Cap.(Cr) 2,011.86
Volume 44,152
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 44,152

Open Free Demat Account Online with ICICIDIRECT

DCX Systems Ltd.

Q3FY23 Quarterly Result Announced for DCX Systems Ltd.

Defence firm DCX Systems announced Q3FY23 results:

  • Q3FY23 vs Q3FY22:
    • Revenue for the quarter was Rs 355.95 crore in Q3FY23, compared to Rs 417.18 crore in the previous corresponding period
    • EBITDA (excluding other income & forex loss) stood at Rs 27.94 crore in Q3FY23, up from Rs 23.70 crore in Q2FY22; YoY growth of 17.89%
    • EBITDA margin for the quarter stood at 7.85%, an increase of 217 bps as compared to 5.68% in Q2FY22. Rise in share of high-margin projects executed during this quarter helped reduce raw material expenses, benefiting overall EBITDA margins
    • Profit after tax (PAT) for the quarter is Rs 17.29 crore, compared to Rs 18.21 crore in the same period of past financial year.
  • 9MFY23 vs 9MFY22:
    • 9MFY23 revenue stood at Rs 743.08 crore, compared to Rs 728.24 crore in the previous corresponding period
    • 9MFY23 EBIDTA at Rs 63.21 crore, YoY growth of 63.04%
    • EBIDTA margin at 8.51% YoY improvement of 319 bps
    • PAT stood at Rs 30.92 crore in 9MFY23, compared to Rs 33.20 crore in 9MFY22. The decrease in PAT was due to an increase in finance costs and the depreciation of the rupee against USD.

Commenting on the company’s performance, H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “Our Q3 & 9MFY23 performance has been largely in line with the expectations. Despite supply chain constraints in the global eco-system, hardening interest rate regime in USD borrowings, sudden eruption of COVID-19 fears and steep depreciation of INR v/s USD between July 2022 and Dec 2022, the company has been able to sustain stability in revenue and execute projects of high EBIDTA margin bringing value to the company and its stakeholders.

Q3 has witnessed stability in business, signs of improvement in supply chain, massive increase in net worth, sharp reduction in borrowings, very comfortable cash flow positions and efficiency in operating ratios like EBIDTA margins.

In Q3FY23, our revenues stood at Rs 355.95 crore, while EBITDA and PAT were at Rs 27.94 crore and Rs 17.29 crore respectively.

We have a healthy and strong order book which gives an optimistic outlook for the near future. Our focus remains on securing raw materials to support the anticipated growth and rationalizing expenses to improve operational efficiencies. Also through our recent successful IPO, we have been able to raise funds worth Rs 400 crore.

We are implementing the forward and backward integration plans, which would include setting up of Electronic Manufacturing Services (EMS) plant in our wholly owned subsidiary Raneal Advanced Systems Pvt. Ltd. Additionally, we are scouting to acquire product technology in the area of Aerospace and Defence and Civil Applications. This would also be supported by potential inorganic growth opportunities under Make-In-India and Aatmanirbhar Bharat programs.

Overall, we strive to emerge as a one-stop-service provider for global and domestic customers, encompassing multiple verticals including Cable & Wire Harness, System Integration, EMS, Maintenance Repair and Overhauling (MRO) and Product segment through the acquisition of Technology.

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

View Other Company Results

FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 117.59 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41.01 -16,297.57
LAST 3M 16,935.72 -4,368.10
LAST 6M 40,997.71 72,693.54
LAST 12M 176,172.92 -109,962.90

DCX Systems Limited - Copy of Newspaper Publication

Jan 25, 2023 l NSE Announcement

Dcx Systems Limited - Press Release

Jan 24, 2023 l NSE Announcement

Board Meeting for Today

Jan 23, 2023 l Board Meetings for Today

Date Action Type Ratio
No data found

INFORMATION

Stock PE (TTM)

29.03

Promoter Holding

71.73%

Book Value

53.5122

ROCE

21.58%

ROE

79.83%

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.

No Data Found

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 : B
ISIN : INE0KL801015

ICICIdirect DCX Systems Ltd FAQ

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 Jan 25, 2023 04:01 PM the closing price of DCX Systems Ltd was ₹ 208.00.
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 Jan 25, 2023 04:01 PM, the market cap of DCX Systems Ltd stood at ₹ 2,011.86.
The latest PE ratio of DCX Systems Ltd as of Jan 25, 2023 04:01 PM is 29.03
The latest PB ratio of DCX Systems Ltd as of Jan 25, 2023 04:01 PM is 0.26
The 52-week high of DCX Systems Ltd is ₹ 319.75 while the 52-week low is ₹ 199.55

Download Our App

market app
market app