DCX Systems shares jump over 14% on Rs 68 crore Hindustan Aeronautics order

DCX Systems Share Price Today: Shares of DCX Systems Ltd. rose over 14 per cent on Friday after the company secured a purchase order worth Rs 68.05 crore, including GST, from Hindustan Aeronautics Ltd. (HAL) for manufacturing and supplying custom-made antennas and power supplies for airborne applications.

At around 12:14 pm, the stock gained as much as 14.31 per cent during the day to Rs 203.19 per share, following a 9.3 per cent rise in the previous session. This marked the second consecutive session of gains for the stock, which currently trades at 17 times its average 30-day volume, according to Bloomberg.

DCX Systems, with a market capitalisation of Rs 2,085.15 crore, has declined 3 per cent this year, slightly better than the 5.6 per cent drop in the Nifty 50.

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Earlier this month, the company expanded its manufacturing capabilities by adding oversized PCB assembly capacity at its wholly owned subsidiary, Raneal Advanced Systems. This move aims to strengthen DCX/Raneal’s ability to support complex, large-format Printed Circuit Board requirements across high-reliability industries.

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In February, DCX Systems received purchase orders worth approximately Rs 44.06 crore from domestic and international customers for the manufacture and supply of cable and wire harness assemblies. Separately, Raneal Advanced Systems secured orders worth about Rs 1.42 crore from a domestic customer for printed circuit board assemblies.

DCX Systems is among India’s leading defence manufacturing companies, providing end-to-end electronic systems and cable harness solutions for both domestic and international clients.

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DCX Systems Q3FY26 result highlights

The company reported revenue of Rs 121.06 crore for the quarter, down 37.23 per cent compared with Rs 192.85 crore in the previous quarter and reflecting a 39.47 per cent decline year-on-year. Operating profit stood at Rs -5.14 crore, improving 59.91 per cent from Rs -12.82 crore in the previous quarter, but representing a 271.91 per cent drop compared with the same period last year.

Profit before depreciation and tax (PBDT) rose to Rs 4.66 crore, a sharp 408.61 per cent increase quarter-on-quarter from Rs -1.51 crore, though it declined 76.07 per cent on a year-on-year basis.

Profit before tax (PBT) came in at Rs 0.67 crore, up 112.62 per cent from Rs -5.31 crore in the previous quarter, while showing a 95.80 per cent fall compared with the corresponding quarter last year. The company posted a net loss of Rs -2.43 crore, an improvement of 73.12 per cent quarter-on-quarter from Rs -9.04 crore, but a 124.28 per cent decline year-on-year.