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DCX Systems Received an Order From Elta Systems Ltd

Updated on: Jan 17, 2025, 1:47 PM IST
Elta Systems Ltd. of Israel issued the company an export purchase order worth ₹19.33 crore for the manufacturing and supply of backplane module assemblies.
DCX Systems Received an Order From Elta Systems Ltd
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DCX Systems Limited is one of India’s leading players in the defence manufacturing sector, offering comprehensive solutions in cable and wire harnessing, electronic subsystems, high-end system integration, and PCB assembly. Serving both domestic and international clients in the defence and aerospace industries, the company maintains an impressive order book valued at ₹3,000 crore.

Order From Elta Systems

In a significant development, DCX Systems has received a prestigious new work order from Elta Systems Ltd., Israel, for the manufacture and supply of Backplane Module Assemblies.

The contract, valued at US$2,261,769.60 (approximately ₹19.33 crore), underscores the company’s commitment to excellence and its strong global partnerships.

DCX Systems Ltd. Q2 FY25 Results

Despite this achievement, the company experienced a 33% decline in revenue, with operational income decreasing from ₹321.44 crore in Q2FY24 to ₹215.62 crore in Q2FY25. Additionally, net profits dropped from ₹19.85 crore to ₹5.22 crore during the same period.

In terms of financial metrics, DCX Systems Ltd. reported a Return on Equity (ROE) of 4.07% and a Return on Capital Employed (ROCE) of 7.03%, demonstrating steady efficiency in generating returns for its stakeholders. The company’s sound financial management is further reflected in its low debt-to-equity ratio of 0.05, highlighting a robust and sustainable capital structure.

Share Price Performance

As of 2:34 PM on the NSE, DCX Systems Ltd.’s share price stood at ₹367.55 per share. The stock is currently trading at ₹372.95 per share, marking an intraday rise of over 2%.

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

Published on: Jan 2, 2025, 3:26 PM IST

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