1. India Stocks

  2. •

    Industrials

  3. •

    Aerospace & Defense
DCX Systems Limited

DCX Systems Limited

DCXINDIA.NS
DCX Systems LimitedIN flagNational Stock Exchange of India
198.02
INR
+0.43
- -
22.06BMarket Cap
DCX Systems Limited
DCXINDIA.NS
(National Stock Exchange of India)

Recent

price

198.02

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
FRC
45.76
66
113.67
147.54
142.86
97.28
- -
68.31
Revenue per Share
1.01
3.06
6.78
8.44
7.61
3.49
- -
-0.71
Basic EPS, GAAP
12.38
11.62
-14.02
-70.42
-4.03
-55.1
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.78
4.84
12.16
22.94
27.27
28.65
- -
2.05
Book Value per Share
1.77
4.82
12.15
66.69
113.02
98.57
- -
101.01
Tangible Book Value per Share
97
97
97
85
100
111
- -
109
Basic Weighted Avg Shares
4,426
6,383
10,994
12,536
14,236
10,837
7,433
7,433
Sales/Revenue/Turnover
6.58
1.2
7.43
8.85
5.25
1.01
1.27
-1.3
Operating Margin (%)
14
24
22
18
51
134
153
153
Depreciation Expense
97
296
656
717
758
389
-77
-77
Net Income, GAAP
24.27
25.74
13.17
16.43
19.9
35.61
182.64
182.62
Effective Tax Rate (%)
2.2
4.63
5.97
5.72
5.32
3.59
-1.04
-1.04
Profit Margin (%)
4
311
1,352
5,458
10,824
10,273
10,280
10,280
Working Capital
- -
- -
354
58
202
22
8
8
LT Debt
172
468
1,176
5,667
11,263
13,752
15,130
15,130
Total Equity
- -
3.32
17.3
10.87
4.8
0.5
-0.53
0.55
Return on Invested Capital (%)
- -
19.79
17.91
13.56
15.15
10.37
-6
-6
Return on Capital (%)
- -
92.43
79.83
45.87
32.48
13.16
-4.52
-4.52
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
22
LT Borrowings
- -
- -
- -
LT Finance Leases
35
- -
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
- -
111
Market Capitalization
27,041
21,539
16,783

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
16,757
- -
16,140
Cash, Cash Equivalents & STI
8,742
- -
7,665
Accounts Receivable, Net
1,416
- -
1,344
Inventories
4,962
- -
5,370
Total Current Liabilities
6,385
- -
5,860
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
22
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
132.83%
10.02%
Free Cash Flow
- -
276.26%
-75.46%
Net Income, GAAP
- -
-6.32%
-119.83%
Sales/Revenue/Turnover
- -
8.91%
-31.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,701
3,091
1,982
7,462
14,236
2025
1,381
1,956
2,000
5,500
10,837
2026
2,222
1,929
1,211
2,073
7,433

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.99
2.05
1.38
- -
7.61
2025
0.26
0.47
0.9
1.86
3.49
2026
0.36
-0.81
-0.22
-0.03
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Harland & Wolff Group Holdings Plc (HARL.L)
Saab AB (publ) (SAAB-B.ST)
ShenZhen Consys Science & Technology Co., Ltd. (688788.SS)
L3Harris Technologies, Inc. (HRS.DE)
China Shipbuilding Industry Company Limited (601989.SS)
NRP Stone Inc. (NRPI)
Business
DCX Systems Limited operates as an integrated business solutions provider primarily engaged in the manufacturing and supply of modular furniture, interior fit-outs, and electrical solutions. The company offers a diverse product portfolio including office furniture systems, seating solutions, workstations, storage units, ergonomic chairs, and custom-built furniture components; along with interior design fit-outs and electrical wiring services for commercial, industrial, and residential spaces. DCX Systems Limited caters mainly to corporate offices, commercial enterprises, and institutional clients across India, with a growing presence in select international markets. Founded in 1985 and headquartered in Mumbai, India, DCX Systems Limited has established itself as a significant player in the office furniture and interiors industry by combining product innovation with comprehensive project execution services. Recent strategic developments include partnerships with technology providers to integrate smart and ergonomic solutions into their furniture offerings, reflecting a shift towards digital workspace trends. Additionally, DCX has diversified its service offerings within the last two years by expanding into turnkey interior solutions and upscaling its electrical contracting services to serve larger infrastructural projects. The company continues to strengthen its manufacturing capabilities and broaden its market footprint through targeted collaborations and digital transformation initiatives, aiming to enhance customer experience and operational efficiencies. Operating primarily within the office furniture and interior fit-outs segment, DCX serves corporate offices, government bodies, IT parks, and healthcare institutions. Its product and service range is supported by subsidiaries and alliances that facilitate comprehensive space planning, design consulting, and installation services. The company’s strategic focus on innovation, product quality, and customer-driven customization positions it as a premium provider in the competitive Indian market.