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DCX Systems Ltd share Price Today

Company details

316.00
330.90
190.00
393.00
6M Return -4.73%
1Y Return 59.85%
Mkt Cap.(Cr) 3,510.33
Volume 463,768
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 463,768

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Defence company DCX Systems announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue stood at Rs 746.20 crore in Q4FY24 as compared to Rs 510.55 crore in Q4FY23.
  • EBIT stood at Rs 51.91 crore in Q4FY24, vis-à-vis Rs 55.16 crore in Q4FY23.
  • EBIT margin stood at 6.96% in Q4FY24 as compared to 10.80% in Q4FY23.
  • Profit after Tax (PAT) stood at Rs 32.95 crore in Q4FY24 as compared to Rs 41.13 crore in Q4FY23.

FY24 Financial Highlights:

  • Operational Revenue stood at Rs 1423.58 crore in FY24 from Rs 1253.30 crore in FY23.
  • EBIT stood at Rs 124.41 crore in FY24, up from Rs 111.40 crore in FY23.
  • EBIT Margin for the full year stood at 8.74%in FY 24, as compared to 8.89% in FY23.
  • Profit After Tax (PAT) for the full year is Rs 75.78 crore in FY 24 as compared to Rs 71.68 in FY 23.
  • Order Book as on 31st March 2024, is over Rs 801.16 crore.

Commenting on the company’s performance, Dr. H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “DCX Systems continued to navigate the turbulent global markets successfully during this quarter. Despite macro-economic headwinds and geo-political tensions, we were able to maintain healthy growth and profit margins.

In FY24, our consolidated revenues stood at Rs 1424 crore, while EBIT and PAT were Rs 124.41 crore and Rs 75.78 crore, respectively. This year we clocked the highest turnover in the history of DCX, with our continuous efforts we were able to boost operational efficiency and supply chain measures helped to improve the revenues and margins.

We recently raised funds to the tune of approximately Rs 500 crore through QIP. The proceeds out of fund raised through QIP would be utilized towards investment in NIART Systems, our JV agreement with ELTA Systems, we shall be developing and supplying obstacle detection solutions based on radar and optics technologies for the railway industry and also Invest in Opportunities through JV/Subsidiaries catering to Defence and Aerospace Sector through Transfer of Technology from Original Equipment Manufacturers (OEMs).

Our backward integration strategy through our 100% subsidiary M/s. Raneal Advanced Systems Private Limited started Commercial production from September 2023 and has been the driving force in controlling the supply chain.

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

View Other Company Results

DCX Systems Ltd shares SWOT Analysis

Strengths (7)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt

Weakness (5)

  • Promoter holding decreased by more than -2% QoQ
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (1)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (2)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)

Resistance and support

R1 335.1
R2 340.5
R3 350.0
Pivot

325.55

S1 320.2
S2 310.7
S3 305.3
EMA SMA
315.2
315.0
316.7
304.0
318.1
306.3
325.3
317.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-11 379.37 523365 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-11 379.69 523365 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-11-21 351.53 1195015 NSE
Name Category Shares
Raghavendra Rao Hosakote Shamarao PROMOTER 5.04%
VNG Technology Private Limited PROMOTER 28.63%
NCBG Holdings Inc PROMOTER 28.63%

FINANCIALS

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

DCX Systems Ltd Stocks COMPARISON

Financials( in Cr) DCX Systems Ltd Hindustan Aeronautics Ltd Bharat Electronics Ltd Solar Industries India Ltd Bharat Dynamics Ltd
Price 315.15 4,531.70 248.20 8,983.45 2,324.25
% Change 1.43 8.35 6.59 7.52 16.26
Mcap Cr 3,510.33 303,068.77 181,428.71 81,291.24 42,599.09
Revenue TTM Cr 1,253.63 26,927.46 17,734.44 6,922.53 2,489.39
Net Profit TTM Cr 72.01 5,827.73 2,940.35 811.17 352.17
PE TTM 48.50 41.50 53.04 97.14 93.70
1 Year Return 59.85 192.94 130.24 138.75 116.51
ROCE 13.19 18.83 26.98 36.06 9.32
ROE 21.04 27.18 22.49 35.86 11.28
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 567.06 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 45,096.27 -32,431.93
LAST 3M 105,135.14 -41,239.38
LAST 6M 172,248.08 48,806.90
LAST 12M 264,707.07 127,969.33
Dcx Systems Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 18, 2024 l NSE Announcement

Dcx Systems Limited - Change in Director

May 17, 2024 l NSE Announcement

NSE Board Meetings Forthcomming

May 16, 2024 l NSE Board Meetings Forthcomming

Date Action Type Ratio
No data found

DCX Systems Ltd Information

Stock PE (TTM)
48.5
Promoter Holding
62.29%
Book Value
101.1126
ROCE
13.19%
ROE
21.04%
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 : B
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 May 17, 2024 03:57 PM the closing price of DCX Systems Ltd was Rs.315.15.

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 May 17, 2024 03:57 PM, the market cap of DCX Systems Ltd stood at Rs. 3,510.33.

The latest PE ratio of DCX Systems Ltd as of May 17, 2024 03:57 PM is 48.50

The latest PB ratio of DCX Systems Ltd as of May 17, 2024 03:57 PM is 0.32

The 52-week high of DCX Systems Ltd share price is Rs. 393.00 while the 52-week low is Rs. 190.00

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