DCX Systems Limited DCXINDIA NSEAIDEFENCEINFRA
DCX Systems Limited, together with its subsidiaries, manufactures and sells electronic systems and cable harnesses in India and Internationally. It offers cable and harness, fine wire cable, flex flat cable, backplane, and conduit assemblies; and EMI shield cable harnesses, wired enclosures, diagnostic test sets, and special/customized connectors. The company also provides electronic manufacturing services, including printed circuit board and electro-mechanical assemblies, design for manufacturability analysis, conformal coating and special processes, flashing/burning of programmable ICs and FPGAs, in-circuit and functional level testing, burn-in/environmental stress screening vibration testing, and repair and revision upgrading services. In addition, it offers aerospace, defense, and industrial automation equipment; subsystem assembly; and integration and testing services, as well as kitting services. The company serves aerospace, land and naval defense systems, and satellites and civil aviation sectors. The company was formerly known as DCX Cable Assemblies Pvt. Ltd. and changed its name to DCX Systems Limited. DCX Systems Limited was incorporated in 2011 and is based in Bengaluru, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Generates positive free cash flow.
CONS
- Revenue declined at -16.0% CAGR over 5 years.
- Earnings shrank at -36.9% CAGR over 5 years.
- Trading 40.0% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DCXINDIA DCX Systems Limited NSEAIDEFENCEINFRA | 195.90 | - | ₹2,182.06 Cr | - | 0.83% | -0.53% | -15.99% | -36.92% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 4,076.50 | 34.84 | ₹5.61 L Cr | 0.93% | 14.55% | 16.95% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,804.60 | 30.96 | ₹4.16 L Cr | 0.42% | 11.02% | 15.59% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,303.80 | 31.55 | ₹2.88 L Cr | 1.16% | 13.80% | 23.98% | 7.87% | 16.08% |
| 5 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 38,445.00 | 172.41 | ₹1.71 L Cr | 0.02% | 24.92% | 21.04% | 22.24% | 119.12% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,405.00 | - | ₹1.70 L Cr | 0.24% | 15.53% | - | 44.12% | 72.60% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,881.00 | 68.97 | ₹1.63 L Cr | 1.12% | 34.95% | 29.45% | 16.07% | 24.35% |
| 8 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 917.45 | 118.99 | ₹1.44 L Cr | 0.14% | 19.35% | 19.56% | 21.67% | 7.81% |
| 9 | POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA | 9,477.50 | 53.48 | ₹1.43 L Cr | 0.37% | 30.44% | 24.58% | 26.57% | 28.11% |
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 549.96 Cr | 222.16 Cr | 192.85 Cr | 121.06 Cr | 207.27 Cr |
| Cost of Revenue | - | - | 526.88 Cr | 205.30 Cr | 179.80 Cr | 114.24 Cr | 186.37 Cr |
| Gross Profit | - | - | 23.08 Cr | 16.86 Cr | 13.05 Cr | 6.82 Cr | 20.90 Cr |
| Operating Expenses | - | - | 10.57 Cr | 20.12 Cr | 29.66 Cr | 3.98 Cr | 13.51 Cr |
| Operating Income | - | - | 12.51 Cr | -3.26 Cr | -16.61 Cr | 2.84 Cr | 7.39 Cr |
| EBITDA | - | - | 33.75 Cr | 15.08 Cr | -76.70 L | 5.57 Cr | 8.10 Cr |
| Interest Expense | - | - | 1.54 Cr | 91.20 L | 74.70 L | 91.70 L | 73.20 L |
| Pretax Income | - | - | 28.47 Cr | 10.63 Cr | -5.31 Cr | 67.20 L | 3.34 Cr |
| Tax Provision | - | - | 7.77 Cr | 6.57 Cr | 3.73 Cr | 3.10 Cr | 3.64 Cr |
| Net Income | - | - | 20.70 Cr | 4.06 Cr | -9.04 Cr | -2.43 Cr | -30.20 L |
| Diluted EPS | - | - | 1.86 | 0.36 | -0.81 | -0.22 | -0.03 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 1,253.63 Cr | 1,423.58 Cr | 1,083.67 Cr | 743.34 Cr |
| Cost of Revenue | - | 1,121.02 Cr | 1,318.19 Cr | 1,035.97 Cr | 678.51 Cr |
| Gross Profit | - | 132.62 Cr | 105.39 Cr | 47.70 Cr | 64.83 Cr |
| Operating Expenses | - | 21.67 Cr | 30.63 Cr | 36.73 Cr | 55.41 Cr |
| Operating Income | - | 110.94 Cr | 74.76 Cr | 10.97 Cr | 9.42 Cr |
| EBITDA | - | 109.30 Cr | 124.92 Cr | 84.64 Cr | 27.98 Cr |
| Interest Expense | - | 21.71 Cr | 25.18 Cr | 10.89 Cr | 3.31 Cr |
| Pretax Income | - | 85.77 Cr | 94.61 Cr | 60.37 Cr | 9.33 Cr |
| Tax Provision | - | 14.09 Cr | 18.82 Cr | 21.50 Cr | 17.04 Cr |
| Net Income | - | 71.68 Cr | 75.78 Cr | 38.88 Cr | -7.71 Cr |
| Diluted EPS | 6.78 | 8.44 | 7.61 | 3.49 | - |
Compounded Sales Growth
| 5 Years: | -15.99% |
| 1 Year: | -62.30% |
Compounded Profit Growth
| 5 Years: | -36.92% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -37.77% |
| 6 Months: | +5.97% |
| 3 Months: | +14.22% |
| 1 Month: | -2.52% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 1,219.28 Cr | 1,847.34 Cr | 1,904.07 Cr | 2,103.48 Cr |
| Current Assets | - | 1,191.32 Cr | 1,781.34 Cr | 1,551.00 Cr | 1,613.95 Cr |
| Cash & Equivalents | - | 13.67 Cr | 21.45 Cr | 193.83 Cr | 113.98 Cr |
| Inventory | - | 229.16 Cr | 203.50 Cr | 288.97 Cr | 536.98 Cr |
| Receivables | - | 319.53 Cr | 667.07 Cr | 165.19 Cr | 134.40 Cr |
| Total Liabilities | - | 652.56 Cr | 721.09 Cr | 528.84 Cr | 590.46 Cr |
| Current Liabilities | - | 645.55 Cr | 698.97 Cr | 523.68 Cr | 585.99 Cr |
| Long Term Debt | - | 5.77 Cr | 20.20 Cr | 0 | 0 |
| Total Debt | - | 509.48 Cr | 290.60 Cr | 3.75 Cr | 2.92 Cr |
| Total Equity | - | 566.72 Cr | 1,126.25 Cr | 1,375.23 Cr | 1,513.02 Cr |
| Shares Outstanding | - | 9.67 Cr | 11.14 Cr | 11.14 Cr | 11.14 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -590.16 Cr | 4.43 Cr | -313.77 Cr | 2.30 Cr |
| Investing Cash Flow | - | 21.89 Cr | -1.25 Cr | -238.59 Cr | -108.11 Cr |
| Financing Cash Flow | - | 363.79 Cr | 241.80 Cr | -94.64 Cr | 25.96 Cr |
| Capital Expenditure | - | -8.21 Cr | -44.56 Cr | -300.01 Cr | -152.90 Cr |
| Free Cash Flow | - | -598.37 Cr | -40.13 Cr | -613.78 Cr | -150.59 Cr |
| Net Change in Cash | - | -204.48 Cr | 244.98 Cr | -647.00 Cr | -79.85 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 10.6% | 7.4% | 4.4% | 8.7% |
| Operating Margin % | - | 8.8% | 5.3% | 1.0% | 1.3% |
| Net Margin % | - | 5.7% | 5.3% | 3.6% | -1.0% |
| ROE % | - | 12.6% | 6.7% | 2.8% | -0.5% |
| ROCE % | - | 19.3% | 6.5% | 0.8% | 0.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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