DCX Systems Ltd (DCXINDIA) — shareholding pattern, promoter holding, financials and share price
About DCX Systems Ltd (DCXINDIA)
DCX Systems Ltd operates in the Aerospace & Defense industry, within the Capital Goods sector. It trades on the NSE as DCXINDIA and on the BSE under scrip code 543650. Its ISIN is INE0KL801015.
Incorporated in 2011, Dcx Systems Ltd is in the business of System Integration and Cable & Wire Harnessing [1]
DCX Systems Limited is an Indian defence-focused electronics manufacturer providing end-to-end solutions including cable and wire harness assemblies, system integration, EMS/PCBA, kitting and MRO services for domestic and international OEMs. The company serves global defence customers and operates manufacturing facilities in Bengaluru and through subsidiaries and JVs aimed at both defence and civilian markets.
The company reported a consolidated order book of approximately Rs.2,582 crore and maintains substantial cash and bank balances (closing cash and bank ~Rs.912.7 crore), providing liquidity to fund execution and capex. However, quarterly revenue showed sharp YoY contraction while margins improved, reflecting order timing, client mix shifts and a transitional phase toward productization and backward integration.
Listed peers in Aerospace & Defense: Sika Interplant Systems Ltd, NIBE Ltd, Jaykay Enterprises Ltd, Krishna Defence & Allied Industries Ltd, Vinyas Innovative Technologies Ltd, CFF Fluid Control Ltd.
Valuation & Returns
10 Jul 2026At ₹201 a share on 10 Jul 2026, DCX Systems Ltd (DCXINDIA) was valued at a price-to-earnings ratio of -288.8x against an industry P/E of 46.65x and a price-to-book of 1.63x on a book value of ₹123.46 per share as of Mar 2025. Solomo computes return on equity of -0.56% and return on capital employed of 0.92% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -288.8x
- Industry P/E
- 46.65x
- P/B
- 1.63x
- EPS (TTM)
- ₹-0.69
- Book value / share
- ₹123.46
- ROE
- -0.56%
- ROCE
- 0.92%
- ROA
- -0.4%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 3.76%
- 52-week range
- ₹153.35 – ₹285.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, DCX Systems Ltd (DCXINDIA) reported revenue of ₹743 crore, net profit of ₹-8 crore and earnings per share of ₹-0.69. That compares with revenue of ₹1,084 crore and net profit of ₹39 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹207.27 crore and net profit ₹-0.3 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,102 | 1,254 | 1,424 | 1,084 | 743 |
| Net profit (₹ cr) | 66 | 72 | 76 | 39 | -8 |
| EPS (₹) | 8.48 | 7.41 | 6.8 | 3.49 | -0.69 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 19.87% | 0.30% | -23.88% |
| Profit growth | 29.63% | -18.39% | -48.69% |
| Stock price CAGR | - | -12% | -30% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 52.16% of DCX Systems Ltd (DCXINDIA) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.72% and domestic institutional investors (DII) hold 2.69%. Market capitalisation was ₹2,239 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2022.
Largest disclosed public shareholders in Jun 2026: Hdfc Large And Mid Cap Fund 2.55%, HUF 1.54%, Ajay Upadhyaya 1.35%, Barclays Wealth Trustees India Private Limited 1.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 52.16% | - | 1.72% | 2.69% | 47.84% |
| Mar 2026 | 52.16% | - | 0.83% | 2.91% | 47.84% |
| Dec 2025 | 52.16% | - | 1.06% | 3.65% | 47.84% |
| Sep 2025 | 52.16% | - | 1.48% | 3.22% | 47.84% |
| Jun 2025 | 52.16% | - | 0.72% | 4.57% | 47.84% |
| Mar 2025 | 56.85% | - | 1.16% | 4.04% | 43.15% |
| Dec 2024 | 56.85% | - | 1.01% | 5.39% | 43.15% |
| Sep 2024 | 57.12% | - | 0.77% | 7.89% | 42.88% |