This small-cap Defence stock, engaged in engaged in manufacturing electronic sub-systems, cable harnesses, and system integration, serving the global aerospace and defence sectors, jumped 4 percent after the company received multiple orders worth Rs. 29 crore from an Israeli defence technology company.
With a market capitalization of Rs. 3,378.35 crores, the share of DCX Systems Limited has reached an intraday high of Rs. 308.80 per equity share, rising nearly 3.90 percent from its previous day’s close price of Rs. 297.20. Since then, the stock has retreated and is currently trading at Rs. 303.30 per equity share.
DCX Systems Limited has received export purchase orders worth approximately Rs. 28.60 crores in the normal course of business. These orders include the manufacture and supply of CIWS Antenna and Cable & Wire Harness Assemblies. The major customers are ELTA Systems Limited (Rs. 19.93 crores), Rafael Advanced Defence Systems Limited (Rs. 3.79 crores), Elbit Systems Limited (Rs. 2.45 crores), and other overseas customers (Rs. 2.43 crores).
As of December 31, 2024, the consolidated order book stands at Rs. 3,359 crores. These orders highlight the company’s strong presence in the global defence and aerospace market. The company continues to grow by fulfilling international orders and maintaining solid business relationships with major defence companies across different countries.
DCX Systems Limited was established in 2011 and is a leading Indian manufacturer specializing in electronic sub-systems, system integration, printed circuit board assemblies (PCBAs), and cable and wire harness assemblies for the aerospace, defence, and industrial sectors.
The company provides end-to-end solutions, including design, assembly, testing, and maintenance, serving both domestic and international clients across Israel, the US, Korea, and India.
The company has a strong and growing customer base, including global and domestic leaders such as Israel Aerospace Industries, Lockheed Martin, Collins Aerospace, Astra Rafael Comsys Pvt. Limited, AMETEK, SFO Technologies, and Bharat Electronics, positioning it as a preferred Indian Offset Partner for global OEMs.
Written By – Nikhil Naik
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