CALCULATE YOUR SIP RETURNS

DCX Systems Received Export Order From Israel’s Elta Systems

Updated on: Jan 6, 2025, 4:58 PM IST
DCX Systems Ltd. announced receiving an export order worth ₹483 crore from Israel-based Elta Systems Ltd.
DCX Systems Received Export Order From Israel’s Elta Systems
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

DCX Systems, headquartered in Bengaluru, India, is a prominent player in the defence and aerospace sector. The company excels in the manufacturing and integration of high-precision cable assemblies, wire harnesses, and mission-critical systems. Leveraging cutting-edge facilities and advanced technologies, DCX Systems caters to an impressive clientele, including global leaders in defence and aerospace.

Got an Export Order Worth ₹483 Crore

DCX Systems Ltd. announced a remarkable export order worth ₹483 crore from Israel-based Elta Systems Ltd. This prestigious contract involves the manufacturing and supply of Close-In Weapon System (CIWS) module assemblies, underscoring the company’s expertise in delivering mission-critical defence solutions.

Strategic Licensing Milestone

In September 2025, DCX Systems’ wholly-owned subsidiary, Raneal Advanced Systems Pvt. Ltd., achieved a significant milestone by securing a manufacturing licence from the Ministry of Commerce and Industry. This 15-year licence authorises the production, assembly, and testing of defence electronic equipment, including microwave submodules for missile command and guidance units.

Furthermore, it permits the manufacture of avionics and radar systems at the company’s state-of-the-art Bengaluru facility, further solidifying DCX Systems’ position as a trusted defence manufacturer for both domestic and international markets.

Q2 FY25 Financial Performance

Despite securing notable orders, DCX Systems Ltd. faced headwinds in Q2 FY25, reporting a consolidated revenue of ₹195.62 crore, a 36.72% decline compared to ₹309.12 crore in the same quarter last year. 

Earnings Before Interest and Taxes (EBIT) decreased by 57.23% year-on-year to ₹12.90 crore, with the EBIT margin narrowing to 6.59% from 9.76%. Profit After Tax (PAT) also saw a steep decline, falling by 73.70% to ₹5.22 crore, resulting in a PAT margin contraction of 375 basis points to 2.67%.

Share Price Performance

DCX Systems Ltd.’s shares exhibited positive momentum, trading at ₹373.20 per share, up over 1% as of 2:29 PM on NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 6, 2025, 4:58 PM IST

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2 Cr+ happy customers