DCX Systems Limited held a Board of Directors meeting on August 12, 2026, commencing at 4:02 PM IST and concluding at 4:33 PM IST. The meeting was conducted pursuant to Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Approval

The Board approved the Un-Audited Financial Results (both Standalone and Consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report issued by the Statutory Auditors, NBS & Co. (Firm Registration No. 110100W).

Standalone Financial Performance (₹ in Millions)

  • Revenue from operations: ₹1,011.19 (Q1 FY27) vs ₹2,200.24 (Q1 FY26)
  • Other income: ₹89.94 (Q1 FY27) vs ₹180.22 (Q1 FY26)
  • Total income: ₹1,101.13 (Q1 FY27) vs ₹2,380.46 (Q1 FY26)
  • Profit before tax: ₹66.44 (Q1 FY27) vs ₹168.32 (Q1 FY26)
  • Tax expense: ₹21.66 (Q1 FY27) vs ₹57.05 (Q1 FY26)
  • Profit for the period: ₹44.78 (Q1 FY27) vs ₹111.27 (Q1 FY26)
  • Earnings per share (basic and diluted): ₹0.40 (Q1 FY27) vs ₹1.00 (Q1 FY26)
  • Paid-up equity share capital: ₹222.78 (face value of ₹2 per share)

Consolidated Financial Performance (₹ in Millions)

  • Revenue from operations: ₹1,031.25 (Q1 FY27) vs ₹2,221.64 (Q1 FY26)
  • Other income: ₹87.84 (Q1 FY27) vs ₹148.02 (Q1 FY26)
  • Total income: ₹1,119.09 (Q1 FY27) vs ₹2,369.66 (Q1 FY26)
  • Profit before tax: Loss of ₹64.92 (Q1 FY27) vs profit of ₹106.31 (Q1 FY26)
  • Tax expense: ₹21.66 (Q1 FY27) vs ₹65.73 (Q1 FY26)
  • Profit for the period: Loss of ₹86.58 (Q1 FY27) vs profit of ₹40.58 (Q1 FY26)
  • Earnings per share (basic and diluted): Loss of ₹0.78 (Q1 FY27) vs profit of ₹0.36 (Q1 FY26)

Subsidiary and Associate Performance (Q1 FY27)

  • Raneal Advanced Systems Private Limited (RASPL): Revenue ₹199.38M, Net loss ₹24.10M
  • NIART Systems Limited (NSL): Revenue ₹Nil, Net loss ₹106.51M
  • ELTX Systems Private Limited (Associate, 37% holding): Revenue ₹Nil, Net loss ₹2.02M (Group's share ₹0.75M)

Annual General Meeting

The 15th Annual General Meeting (AGM) for the year ended March 31, 2026 will be held on Monday, September 28, 2026, at 2:00 PM IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

Cut-off Date

The company fixed Friday, September 18, 2026, as the cut-off date to determine shareholder eligibility to vote at the AGM, in accordance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Cost Auditor Appointment

The Board approved the appointment of M Ashok Kumar, Cost Accountant (Firm Registration No. 102240), as Cost Auditor to conduct the Cost Audit of the Company for Financial Year 2026-27, based on the recommendation of the Audit Committee.

Company Business Description

The company describes itself as a leading Indian Defence Manufacturing player offering full service and manufacture of Electronic Subsystems and cable harnesses for both International and Domestic reputed customers.

Investment in Subsidiaries and Associate

As of June 30, 2026, the company has invested ₹2,425.63 million in its subsidiaries:

  • RASPL: ₹328.38 million
  • NIART: ₹2,097.25 million
  • ELTX (Associate): ₹0.93 million (37% holding)

Foreign Exchange Impact

  • Standalone: Gain of ₹7.33 million from foreign exchange fluctuation for Q1 FY27
  • Consolidated: Loss of ₹53.72 million from foreign exchange fluctuation for Q1 FY27

Additional Information

  • The financial results have been reviewed by the Audit Committee and approved by the Board of Directors
  • The company has only one geographic and manufacturing unit
  • Previous periods' figures have been regrouped to conform to current period's classification
  • The financial results are available on the company's website at www.dcxindia.com