Rs 2,855 Crore Order Book: Defence Company Secures Rs 4.36 Crore Order from Global Defence Major
Over the past year, the stock has declined by 22.68 per cent.
DCX Systems Limited has received a new purchase order worth Rs 4.36 crore from a leading multinational entity operating in the fields of aerospace, defense, space, and security systems. The order pertains to the manufacturing and supply of special test equipment. The company clarified that this is a domestic order with no promoter or related party involvement. This development highlights DCX Systems' strong presence in the Indian defense ecosystem, reinforcing its position as a preferred Indian Offset Partner for global Original Equipment Manufacturers (OEMs).
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Incorporated in 2011, DCX Systems Limited is engaged in system integration and cable and wire harness manufacturing, catering primarily to the defense and aerospace sectors. The company operates from two advanced manufacturing units located in Bengaluru’s Hi-Tech Defence and Aerospace Park SEZ. It is known for its wide-ranging services, including cable assemblies, PCB assembly, kitting, and Maintenance, Repair and Overhaul (MRO). As of December 31, 2024, the company's consolidated order book stood at Rs 3,359 crore. DCX Systems services major clients such as Lockheed Martin and ELTA Systems Ltd., and generates almost all of its revenue through exports to countries like Israel, Korea, and the United States.
Despite such developments, the stock performance has been under pressure. As of June 25, 2025, shares of DCX Systems are trading at Rs 288.25, significantly down from its 52-week high of Rs 444.45 and above its 52-week low of Rs 217.3. Over the past year, the stock has declined by 22.68 per cent. The company has a market capitalization of Rs 3,248 crore, and the price-to-earnings (PE) ratio stands at 83.56, indicating high valuation compared to earnings. DCX is currently categorized as a Mid-Cap stock on Indian stock exchanges.
Key public shareholders include Ajay Upadhyaya, holding a 3.11 per cent stake, and Barclays Wealth Trustees India Private Limited, which holds 1.62 per cent. The company’s strong order flow and global clientele suggest operational robustness, although recent stock returns reflect investor caution, possibly due to broader sectoral or valuation concerns.
Disclaimer: The article is for informational purposes only and not investment advice.