Latest news with #DCXSystems
Business Standard
08-08-2025
- Business
- Business Standard
DCX Systems consolidated net profit rises 38.10% in the June 2025 quarter
Sales rise 60.89% to Rs 222.16 crore Net profit of DCX Systems rose 38.10% to Rs 4.06 crore in the quarter ended June 2025 as against Rs 2.94 crore during the previous quarter ended June 2024. Sales rose 60.89% to Rs 222.16 crore in the quarter ended June 2025 as against Rs 138.08 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 222.16138.08 61 OPM % 0.13-3.48 - PBDT 14.168.10 75 PBT 10.635.29 101 NP 4.062.94 38
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Business Standard
07-07-2025
- Business
- Business Standard
DCX Systems rises 5% in trade; here's why the stock is in demand today
DCX Systems shares rose 4.5 per cent in trade, logging an intraday high at ₹297.7 per share. At 1:23 PM, DCX Systems shares were trading 3.23 per cent higher at ₹293.9 per share on the BSE. In comparison, the BSE Sensex was down 0.06 per cent at 83,385.14. The company's market capitalisation stood at ₹3,273.65 crore. Its 52-week high was at ₹445.25 per share and 52-week low was at ₹200 per share. Why were DCX Systems shares buzzing in trade? The counter saw buying after the company received an industrial license for the production, assembly, and testing of radar systems and EW systems and integration and manufacture of Avionics & Defence Electronic Equipment. "We wish to inform that the Industrial Licensing Section, Office of the Development Commissioner, Cochin Special Economic Zone (CSEZ), EOU's & SEZ's in Karnataka, under the Ministry of Commerce & Industry, Government of India, has granted an Industrial license to DCX SYSTEMS LTD," the filing read. It added: The industrial license undertaking to manufacture the above-mentioned items shall be located at Aerospace SEZ Sector, Plot No 29,30 & 107, Southern Block, Hitech, Defence and Aerospace Park, Kavadadasanahalli, Hobli, Devanahalli, Channarayapatna, Bengaluru, Karnataka 562110. The license enables the company to manufacture items categorised under CATEGORY-A as per the MOD Security Manual. Products falling within this category are considered to be of the highest level of security and are highly classified and sensitive in nature from a security standpoint. The office of the Development Commissioner Cochin Special Economic Zone (CSEZ), EOU's & SEZ's in Karnataka, Ministry of Commerce & Industry, Government of India has granted the license which will be valid for 15 years. About DCX Systems DCX Systems is a rapidly expanding Indian company specialising in defence and aerospace electronics. The company operates from a 30,000 sq ft facility within the Aerospace SEZ. The company also offers end-to-end solutions, from electronic subsystems to cable and wire-harness assemblies. Through vertical integration and strong in-house capabilities, DCX positions itself as one of the few Indian firms with full-spectrum defence electronics capacity.
Business Standard
07-07-2025
- Business
- Business Standard
DCX Systems jumps after receiving industrial license for defence manufacturing
DCX Systems gained 2.93% to Rs 293.05 after the company announced it had received an industrial license to manufacture high-end defence electronics. The license, granted by the Industrial Licensing Section under the Ministry of Commerce & Industry, allows DCX to produce, assemble, and test radar systems and electronic warfare (EW) systems, along with the integration and manufacture of avionics and other defence electronic equipment. The licensed operations will be located at the Aerospace SEZ in Devanahalli, Bengaluru, specifically at Plot Nos. 29, 30, and 107 in the Hitech Defence and Aerospace Park. The announcement is seen as a positive development by traders, given the high-value nature of the defence and aerospace segments and their long-term growth potential. DCX Systems is a leading Indian defense manufacturing players for manufacturing and supply of electronic systems, cable & wire harnesses assemblies, printed circuit board assembly. The company's consolidated net profit fell 37.2% to Rs 20.70 crore on a 26.3% fall in revenue from operations to Rs 549.96 crore in Q4 FY25 over Q4 FY2
Mint
01-07-2025
- Business
- Mint
Stock to buy for short term: Anand Rathi sees 16% upside in this beaten-down defense stock. Should you buy?
Shares of DCX Systems, a key player in the defence sector, have caught the attention of analysts at Anand Rathi, who foresee a potential sharp upside in the stock price. Despite recent weakness, the brokerage has issued a bullish call, forecasting a 16 percent gain in the near term based on a strong technical setup and improving momentum indicators. This article delves into the factors driving the optimism around DCX India and whether investors should consider adding it to their portfolios. According to Anand Rathi, DCX India is currently trading near a critical support zone between ₹ 275 and ₹ 280. This level aligns with a previous breakout area and the S3 monthly Camarilla pivot, marking a significant technical floor. The hourly Relative Strength Index (RSI) also sits in oversold territory, suggesting the stock may be forming a solid base in this range. Based on these signals, Anand Rathi recommended a long position in the ₹ 275-280 range, setting an upside target of ₹ 320 with a stop-loss below ₹ 257 on a closing basis. These technical indicators form the core rationale for the brokerage's bullish stance on DCX India. DCX India announced a fresh order worth ₹ 4.36 crore from a leading multinational company operating in defence, aerospace, space, and security sectors. The contract involves manufacturing and supplying special test equipment, consistent with terms laid out in the purchase agreement. Prior significant orders include contracts from Israeli defence firms ELTA Systems Ltd. ( ₹ 7.89 crore), Elbit Systems Ltd. ( ₹ 10.83 crore), and Rafael Advanced Defence Systems ( ₹ 5.04 crore), as well as domestic Indian clients ( ₹ 4.83 crore). These wins underscore DCX Systems' growing footprint as a key supplier of defence-grade electronic systems and cable harnesses for both international and domestic markets. DCX Systems reported a 26.3 percent decline in revenue for the quarter ending March 2025, falling to ₹ 549.96 crore from ₹ 746.2 crore in the year-ago period. Net profit also dropped by 37.2 percent to ₹ 20.7 crore. Earnings Before Interest and Tax (EBIT) declined 42.2 percent to ₹ 30 crore, with margins narrowing to 5.46 percent from 6.96 percent last year. For the full financial year, revenue fell 24 percent to ₹ 1,083.7 crore, missing the company's growth guidance of 35-40 percent. However, the consolidated order book stood at ₹ 2,855 crore as of March 31, 2025, marking a more than threefold increase from the previous year and a 32 percent rise compared to the second half of FY24. This surge in orders points to a strong pipeline despite recent revenue pressures. Over the past year, DCX India's stock price has dropped 24 percent, including a 10 percent decline in June after rallies in April and May. The current market price near ₹ 275 is approximately 39 percent below its 52-week high of ₹ 451.90 recorded in July 2024, indicating significant correction. The stock also touched a 52-week low of ₹ 200 in April 2025, reflecting volatility. Anand Rathi's bullish technical view suggests that this beaten-down stock may be poised for a rebound, potentially offering multibagger returns if momentum sustains. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
26-06-2025
- Business
- Business Standard
DCX Systems gains on securing Rs 4.36-cr order
DCX Systems rose 1.11% to Rs 291.45 after the company announced that it has secured an order worth Rs 4.36 crore from one of the leading multinational companies specialized in the areas of defence, aerospace, space, and security systems. The project involves the manufacturing and supply of special test equipment as per the terms and conditions of the purchase order. DCX Systems is one of the leading Indian defence manufacturers, engaged in the production and supply of electronic systems, subsystems, and cable & wire harness assemblies for reputed domestic and international customers. The companys consolidated net profit fell 37.2% to Rs 20.70 crore on a 26.3% fall in revenue from operations to Rs 549.96 crore in Q4 FY25 over Q4 FY24.
