
Company Name:
DCX Systems Limited |
Symbol
DCX
Issue Date
Oct 31 to Nov 2, 2022
Issue Size
₹500 Cr
Lot Size
72 Shares
Issue Price
₹197 to ₹207 per share

Company Profile
DCX Systems is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and are also involved in kitting.
- The firm is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in FY2021.
- It is also one of the largest Indian Offset Partner (“IOP”) for ELTA Systems Limited and Israel Aerospace Industries Limited, System Missiles and Space Division (together, the “IAI Group”), Israel, for the Indian defence market for manufacture of electronic sub-systems and cable and wire harness assemblies.
- The manufacturing facility located at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka.
- It has 26 customers in Israel, United States, Korea and India, including certain Fortune 500 companies, multinational corporations and start-ups.
- The company caters to a mix of domestic and international customers and key customers include Elta Systems Limited, Israel Aerospace Industries Limited – System Missiles and Space Division, Bharat Electronics Limited, Astra Rafael Comsys Private Limited, Alpha-Elsec 155 156 Defense and Aerospace Systems Private Limited, Alpha Design Technologies Private Limited, Astra Microwave Products Limited, Kalyani Rafael Advanced Systems Private Limited, SFO Technologies Private Limited and DCX-Chol Enterprises Inc.
(amt in.cr) | |||
Year | Mar’2022 | Mar’2021 | Mar’2020 |
Total Assets | 942.62 | 793.18 | 698.85 |
Total Revenue | 1123.33 | 683.24 | 449.3 |
Profit after Tax | 65.61 | 29.6 | 9.74 |
Net Worth | – | – | – |
Reserves and surplus | 102.11 | 43.28 | 13.67 |
Financials
SWOT
Technology enabled and scalable end-to-end capabilities.
Well-positioned to capitalize on industry tailwinds.
Track record of consistent financial performance.
Ability to mitigate operational and technology risk.
Business is dependent on the sale of our products and services to key customer.
Any changes in offset defence policy or a decline or reprioritisation of funding in the Indian defence budget, or delays in the budget process will affect the company.