Defence Stock Tanks: Aerospace solutions provider falls 7% after Q4 earnings miss

Shares of DCX Systems Ltd. fell as much as 7% on Wednesday, May 28, reacting to a weak March quarter result, that was reported after market hours on Tuesday.

DCX Systems reported a 26.3% fall in its overall revenue for the quarter to ₹549.96 crore from ₹746.2 crore during the same quarter last year.

Net profit for the period also fell by more than a third, declining 37.2% from the year-ago period to ₹20.7 crore.

Earnings Before Interest and Tax (EBIT) for DCX Systems fell by 42.2% from last year to ₹30 crore, while margins narrowed to 5.46% from 6.96% last year.

For the full financial year, DCX Systems reported a 24% drop in its revenue to ₹1,083.7 crore, which is below the company's guidance, which had projected the growth to be between 35% and 40%.

The company's consolidated order book stood at ₹2,855 crore, as on March 31, 2025. Its order book is up over 3.5x from the previous year. It is also up 32% compared to the second half of FY24.

DCX Systems order book in FY23 was at ₹1,699 crore, which later dipped to 801 crore in FY24 and it now stands at ₹2,855 crore.

Share of DCX Systems are trading 6% lower currently at ₹316.7. The stock is still down 11% so far in 2025.

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