Rs 2,582 crore Order Book: Defence Company Share Price Jump 8.80%; Company Bags Rs 68.05 Crore Defence Order and Expands PCB Manufacturing Capability

On Friday, March 6, 2026, shares of DCX Systems Ltd jumped 8.80 per cent to Rs 193.40 per share from its previous closing of Rs 177.75 per share. The stock’s 52-week high is Rs 363.75 per share and its 52-week low is Rs 153.60 per share.

As of Friday, the stock also touched an Intraday high of Rs 208.49, marking a 17.29 per cent surge from the previous close during the trading session.

DCX Systems announced that it has received purchase orders worth approximately Rs 68.05 crore (including GST) in the normal course of business. The order has been awarded by Hindustan Aeronautics Ltd for the manufacture and supply of custom-made antenna and power supplies for airborne applications. The order strengthens the company’s position in the Defence electronics ecosystem and highlights its growing role in supporting Aerospace and mission-critical defence programmes.

Earlier, on March 3, 2026, the company’s wholly owned subsidiary Raneal Advanced Systems Pvt Ltd announced the expansion of its manufacturing capabilities by adding oversized Printed Circuit Board (PCB) assembly capacity. This development significantly enhances DCX’s ability to support large-dimension PCB requirements across defence, aerospace, industrial electronics, and advanced power systems.

With this upgrade, the company can now assemble and test oversized PCBs up to 55 inches in length, addressing increasing demand for integrated and high-density electronic assemblies used in mission-critical applications. The expansion also integrates advanced surface-mount technology (SMT) and through-hole assembly, improved process control for large-format boards, upgraded material handling systems, and stronger testing and validation infrastructure.

The new capability also supports mission-critical backplane applications, which are vital components in complex defence electronics systems. According to the company, the upgrade improves operational workflow and efficiency while maintaining strict adherence to quality, reliability, and customer specifications.

Speaking on the development, Dr. H.S. Raghavendra Rao, Chairman and Managing Director of DCX Systems, said that the expansion reflects the company’s continued investment in advanced manufacturing capabilities. He added that the company has already secured orders worth about Rs 20 crore for oversized PCB assembly, highlighting the strong demand for such specialised manufacturing capabilities.

Founded in 2011, DCX Systems has emerged as a key player in India’s defence and aerospace manufacturing ecosystem. The company focuses on the manufacture and supply of electronic systems and sub-systems, cable and wire harness assemblies, and printed circuit board assemblies for both domestic and international customers.

Operating from a state-of-the-art facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, DCX provides high-mix and high-complexity electronic manufacturing services (EMS). Through its subsidiary Raneal Advanced Systems, the company also offers vertically integrated EMS solutions for both captive and external markets.

DCX has positioned itself as a strong participant in India’s Make-in-India defence manufacturing initiative, partnering with global OEMs and expanding into new geographies. The company is also the preferred Indian partner of Israel Aerospace Industries (IAI) and serves as a recognised offset partner in several international defence programmes.

The company has a market cap of over Rs 2,154.21 crore. The stock price has surged over 16.65 per cent in the last 1 month. With a steady order inflow, consolidated Order Book as of December 31st, 2025 stood at about Rs 2,582 crore.

Disclaimer: The article is for informational purposes only and not investment advice.