DCX Systems Ltd Stock Price Today (NSE: DCXINDIA)

DCX Systems Ltd

193.81+5.58 (+2.96%)
Market Closed

Fundamental Score

...

DCX Systems Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

DCX Systems Ltd share price today is 193.81, up +2.96% on NSE/BSE as of 17 June 2026. DCX Systems Ltd (DCXINDIA) is a Small-cap company in the Aerospace & Defense sector with a market capitalisation of 2.01K (Cr). The 52-week high for DCXINDIA share price is 310.95 and the 52-week low is 153.30. At a P/E ratio of 77.97x, DCXINDIA is currently trading above its industry average P/E of 64.22x. The company has a Return on Equity (ROE) of 3.11% and a debt-to-equity ratio of 0.00.

DCX Systems Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
225.96
Low
187.15
Volume
14.3L
Change
+4.54%

DCX Systems Ltd share price chart: 4.54% return over the past month. 52-week high ₹310.95, 52-week low ₹153.30.

DCX Systems Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
190.80199.00188.20197.596.82L (Cr)
196.14200.57190.00191.049.03L (Cr)
201.95204.97195.00195.9024.89L (Cr)
212.39212.39212.39212.390.00 (Cr)
213.20217.85210.00212.3910.29L (Cr)
211.99217.68209.13211.6815.31L (Cr)
204.09213.76203.00210.9220.48L (Cr)
201.67204.00200.25202.045.66L (Cr)
197.14206.88196.10200.6715.37L (Cr)
194.98195.00191.18193.989.95L (Cr)

DCX Systems Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
196.14200.57188.20197.59+0.74%
202.50225.96187.15195.90-3.26%
159.40209.65158.11200.97+26.08%
169.00208.49153.30154.23-8.74%
171.00191.39156.97177.25+3.65%
194.18203.20157.00177.09-8.80%
185.87213.50153.60193.22+3.95%
225.26227.98178.00185.34-17.72%
245.00252.01219.62225.26-8.06%
263.95286.00237.30242.05-8.30%
263.85285.80242.35262.00-0.70%
276.30297.80251.55262.00-5.18%

AI Research Briefing

Powered by Gemini · 2026-04-08

DCX Systems is a defense sector mirage; rich valuation, poor execution, avoid.

Research Confidence
8.0/10High
GOVT CAPEX DARK HORSEBreakdown; 1M: -19.98%, 3M: -32.8%, 6M: -41.6% [cite:].Expensive; P/E of 77.97x vs industry P/E of 64.22x [cite:].

WHAT'S HAPPENING NOW (last 2-4 weeks)

DCX Systems secured multiple orders in March 2026. A order for Maritime Patrol Radar Systems, a order from HAL for antennas and power supplies, and in orders for cable harness and PCB assemblies. Despite these wins, the stock hit a new 52-week low on March 30.

CORE STORY (THE REAL GAME)

DCX Systems is being priced as a play on the Indian government's push for defense indigenization, but the market is ignoring the company's weak financials and execution risks.

Why Now
  • Recent order wins have temporarily masked underlying financial weaknesses.
  • Sector tailwinds are inflating valuations of even questionable players.
  • Q4 earnings on May 15th are likely to disappoint.
Potential Catalysts
  • Stronger-than-expected Q4 FY26 earnings.
  • Further large order wins that materially improve order book quality.
  • Significant improvement in EBITDA margins.
Key Risks
  • Small-cap = liquidity risk.
  • Negative free cash flow.
  • High valuation despite poor profitability.
Institutional Activity

FII increased holdings by 0.77%, while DII decreased holdings by 1.34% [cite:].

Macro Context

Government focus on 'Atmanirbhar Bharat' in defense creates a strong tailwind.

Order Book / Expansion

Secured ₹563.45 crore order for Maritime Patrol Radar Systems in March 2026.

Cash Flow Quality

No; Free Cash Flow 5Y: ₹-464.61 Cr [cite:].

3–6 Month Outlook

Next 3-6 months will reveal if DCX can translate its order book into profits. Expect a correction if Q4 results disappoint.

Primary Thesis Risk

Inability to execute on large order book and improve profitability.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

3.11%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

5.10%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

4.46%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

DCX Systems Ltd Valuation Check

Poor

Price to Earnings (P/E)

77.97x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

64.22x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

52.16%

% shares held by company founders/management

Poor

FII Holding

1.48%

% shares held by foreign institutional investors

Poor

DII Holding

3.22%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-273.18%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-1.42%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

11.13x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-464.61 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

DCX Systems Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of DCXINDIA across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (11.13x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (52.16%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

8 factors identified

Below-Average Return on Equity (3.11%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (5.10%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (4.46%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 77.97x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-273.18%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Negative Free Cash Flow (₹-464.61 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 4.70%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

DCX Systems Ltd vs Aerospace & Defense Peers

Peer Comparison - Aerospace & Defense

Compare DCX Systems Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
16.5/100
194
₹2006.12
78.0
Average
3.11%
Poor
5.10%
Poor
0.0
Excellent
0.00%
71.3/100
419
₹305148.74
53.6
Average
29.22%
Excellent
38.88%
Excellent
0.0
Excellent
23.80%
Excellent
12.88%
Good
0.58%
64.7/100
4413
₹303005.23
35.8
Average
26.07%
Excellent
33.88%
Excellent
0.0
Excellent
24.46%
Excellent
7.63%
Good
0.88%
59.3/100
1282
₹56082.09
85.7
Average
14.38%
Average
19.66%
Good
0.0
Excellent
0.55%
Average
1.50%
Average
0.30%
75.8/100
2652
₹31331.65
50.8
Average
27.60%
Excellent
36.64%
Excellent
0.0
Excellent
25.45%
Excellent
28.78%
Excellent
0.51%
62.59999999999999/100
4139
₹16382.83
70.2
Average
15.18%
Good
21.00%
Excellent
0.0
Excellent
59.36%
Excellent
35.32%
Excellent
0.27%
61.1/100
1686
₹12606.74
51.0
Average
26.08%
Excellent
37.22%
Excellent
0.0
Excellent
36.63%
Excellent
45.50%
Excellent
0.14%
44.3/100
418
₹9506.52
111.5
Average
10.23%
Average
14.54%
Average
0.3
Excellent
32.71%
Excellent
17.98%
Excellent
0.09%
39.4/100
1397
₹8938.57
55.5
Average
14.43%
Average
18.72%
Good
0.2
Excellent
28.59%
Excellent
17.61%
Excellent
0.23%
11/100
7890
₹7920.44
170.9
Average
7.51%
Poor
10.51%
Average
0.3
Excellent
11.04%
Good
25.89%
Excellent
0.00%
44.7/100
1962
₹6046.35
65.5
Average
12.67%
Average
13.76%
Average
0.4
Excellent
21.31%
Excellent
8.90%
Good
0.00%

DCX Systems Ltd PE Ratio History

Historical price-to-earnings ratio for DCXINDIA — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20253.49₹193.2255.4x
FY 20247.61₹347.9545.7x
FY 20238.44₹341.3040.4x
FY 20226.78₹224.6533.1x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

DCX Systems Ltd Quarterly Performance

Latest quarterly metrics for DCXINDIA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-1.42%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-273.18%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

DCX Systems Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for DCXINDIA — calculated from daily price history

44RSI 14
Neutral — RSI 44

Momentum is balanced — neither overbought nor oversold.

SMA 50
189
▲ Price above SMA 50 — Short-term bullish
SMA 200
205
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1522K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

DCX Systems Ltd Financial Statements

Annual income statement, balance sheet and cash flow for DCX Systems Ltd (DCXINDIA) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for DCX Systems Ltd

About DCXINDIA (DCX Systems Ltd)

DCX Systems Ltd is a prominent Indian enterprise specializing in the design, engineering, and production of sophisticated electronic and electromechanical systems catering to the s...tringent demands of the aerospace and defense sectors, both domestically and globally. They have established a robust reputation for delivering end-to-end solutions, encompassing everything from intricate component manufacturing to the assembly of complete integrated systems. Their core competency lies in the ability to translate complex specifications into tangible, reliable products, meticulously crafted to withstand the harsh operational environments inherent in aerospace and defense applications. DCX Systems focuses on innovation, rigorous quality control, and precision engineering to offer products that meet and exceed industry benchmarks. The company's diverse product portfolio reflects its commitment to meeting the comprehensive needs of its clientele. They excel in the production of high-performance cable and harness assemblies, designed to ensure seamless data and power transmission within critical systems. Furthermore, DCX Systems offers a wide array of custom connectivity solutions, including specialized connectors and wiring enclosures, optimized for specific application requirements. By combining advanced manufacturing techniques with a deep understanding of electronic system architecture, DCX Systems provides tailored solutions that enhance system performance, reliability, and durability. They provide printed circuit boards (PCBs) and complete box builds, catering to both small and large volume demands. Beyond manufacturing, DCX Systems provides comprehensive electronic manufacturing services (EMS) that encompass the entire product lifecycle, from design optimization to full-scale production. This holistic approach empowers clients to leverage DCX Systems' expertise in streamlining their manufacturing processes, reducing costs, and accelerating time to market. By offering design for manufacturability (DFM) services, they ensure that products are not only innovative but also optimized for efficient and cost-effective production. This comprehensive suite of capabilities positions DCX Systems as a strategic partner for organizations seeking reliable and high-quality solutions within the demanding aerospace and defense landscape.

Company Details

Symbol:DCXINDIA
Industry:Aerospace & Defense
Sector:Aerospace & Defense

Key Leadership

Dr. Hosakote Shamarao Raghavendra Rao
Founder, Chairman of the Board & MD
Mr. Gurumurthy Ganapati Hegde
Company Secretary, Legal & Compliance Officer
Mr. Ramegowda Shiva Kumar
Non-Independent & Executive Director

DCXINDIA Share Price: Frequently Asked Questions

What is the current share price of DCX Systems Ltd?

DCX Systems Ltd (DCXINDIA) trades at ₹193.81 on NSE and BSE. Market cap ₹2.01K (Cr). Educational data only.

What is the P/E ratio of DCX Systems Ltd?

DCX Systems Ltd has a P/E of 77.97x vs industry average 64.22x.

What is the Bull Run score for DCX Systems Ltd?

DCX Systems Ltd has a Bull Run score of 16.5/100 based on 25+ financial parameters.

Does DCX Systems Ltd pay dividends?

DCX Systems Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of DCX Systems Ltd?

DCX Systems Ltd has ROE of 3.11%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of DCX Systems Ltd?

DCX Systems Ltd has debt-to-equity of 0.00.

Is DCX Systems Ltd a good investment?

Bull Run gives DCX Systems Ltd a score of 16.5/100. This is not investment advice — consult a SEBI-registered advisor.