DCX Systems Ltd, the Bengaluru-based defence electronics firm, reported a 48.7% drop in FY25 net profit to ₹38.88 Cr. Revenues also fell by nearly 24% to ₹1,083.67 Cr. But investors didn’t panic — the stock rose nearly 2% today.
Why?
Because DCX’s order book stands at a missile-sized ₹2,855 Cr — with massive new contracts from Lockheed Martin, ELTA Systems, and the Indian defence ecosystem.
🧾 FY25 Financial Summary
Metric
FY25
FY24
YoY Change
Revenue
₹1,083.67 Cr
₹1,423.58 Cr
🔻 -23.88%
EBIT
₹71.27 Cr
₹124.41 Cr
🔻 -42.71%
EBIT Margin
6.58%
8.74%
🔻 -216 bps
PAT
₹38.88 Cr
₹75.78 Cr
🔻 -48.69%
PAT Margin
3.59%
5.32%
🔻 -173 bps
Order Book
₹2,855 Cr
₹2,000 Cr*
🔺 +42% YoY
📉 *Estimated based on company trajectory
Yes, revenues and margins got hit. But future cashflows? Locked and loaded.
