DCX Systems Limited
DCX Systems Limited, together with its subsidiaries, manufactures and sells electronic systems and cable harnesses in India and Internationally. It offers cable and harness, fine wire cable, flex flat cable, backplane, and conduit assemblies; and EMI shield cable harnesses, wired enclosures, diagnostic test sets, and special/customized connectors. The company also provides electronic manufacturin… Read more
DCX Systems Limited (DCXINDIA) - Net Assets
Latest net assets as of September 2025: ₹14.53 Billion INR
Based on the latest financial reports, DCX Systems Limited (DCXINDIA) has net assets worth ₹14.53 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹20.98 Billion) and total liabilities (₹6.45 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹14.53 Billion |
| % of Total Assets | 69.25% |
| Annual Growth Rate | 137.59% |
| 5-Year Change | 2839.41% |
| 10-Year Change | N/A |
| Growth Volatility | 102.68 |
DCX Systems Limited - Net Assets Trend (2018–2025)
This chart illustrates how DCX Systems Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DCX Systems Limited (2018–2025)
The table below shows the annual net assets of DCX Systems Limited from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹13.75 Billion | +22.11% |
| 2024-03-31 | ₹11.26 Billion | +98.73% |
| 2023-03-31 | ₹5.67 Billion | +381.95% |
| 2022-03-31 | ₹1.18 Billion | +151.34% |
| 2021-03-31 | ₹467.86 Million | +172.49% |
| 2020-03-31 | ₹171.70 Million | +130.41% |
| 2019-03-31 | ₹74.52 Million | +131.71% |
| 2018-03-31 | ₹32.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DCX Systems Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 297465824900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.97 Billion | 21.59% |
| Common Stock | ₹222.78 Million | 1.62% |
| Other Components | ₹10.56 Billion | 76.79% |
| Total Equity | ₹13.75 Billion | 100.00% |
DCX Systems Limited Competitors by Market Cap
The table below lists competitors of DCX Systems Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Pelayaran Nasional Ekalya P
JK:ELPI
|
$98.43 Million |
|
Immobel
BR:IMMO
|
$98.43 Million |
|
Eastern Co
NASDAQ:EML
|
$98.45 Million |
|
Fabryka Farb i Lakierów ŚNIEŻKA SA
WAR:SKA
|
$98.46 Million |
|
Shieh Yih Machinery Industry Co Ltd
TWO:4533
|
$98.40 Million |
|
Comtech Telecommunications Corp
NASDAQ:CMTL
|
$98.40 Million |
|
Lindsay Australia Ltd
AU:LAU
|
$98.39 Million |
|
Huitong Construction Group Co.Ltd.
SHG:603176
|
$98.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DCX Systems Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,262,530,000 to 13,752,310,000, a change of 2,489,780,000 (22.1%).
- Net income of 388,760,000 contributed positively to equity growth.
- Share repurchases of 2,770,000 reduced equity.
- New share issuances of 2,018,200,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹388.76 Million | +2.83% |
| Share Repurchases | ₹2.77 Million | -0.02% |
| Share Issuances | ₹2.02 Billion | +14.68% |
| Other Changes | ₹85.59 Million | +0.62% |
| Total Change | ₹- | 22.11% |
Book Value vs Market Value Analysis
This analysis compares DCX Systems Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 403.99x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | ₹0.42 | ₹169.28 | x |
| 2019-03-31 | ₹0.96 | ₹169.28 | x |
| 2020-03-31 | ₹2.22 | ₹169.28 | x |
| 2021-03-31 | ₹6.04 | ₹169.28 | x |
| 2022-03-31 | ₹16.47 | ₹169.28 | x |
| 2023-03-31 | ₹66.70 | ₹169.28 | x |
| 2024-03-31 | ₹113.02 | ₹169.28 | x |
| 2025-03-31 | ₹123.62 | ₹169.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DCX Systems Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.59%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.38x
- Recent ROE (2.83%) is below the historical average (42.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 79.80% | 2.47% | 0.63x | 51.64x | ₹20.47 Million |
| 2019 | 61.54% | 1.56% | 0.60x | 65.61x | ₹38.41 Million |
| 2020 | 56.75% | 2.20% | 0.63x | 40.70x | ₹80.27 Million |
| 2021 | 63.18% | 4.63% | 0.80x | 16.95x | ₹248.79 Million |
| 2022 | 55.79% | 5.97% | 1.17x | 8.02x | ₹538.49 Million |
| 2023 | 12.65% | 5.72% | 1.03x | 2.15x | ₹150.09 Million |
| 2024 | 6.73% | 5.32% | 0.77x | 1.64x | ₹-368.42 Million |
| 2025 | 2.83% | 3.59% | 0.57x | 1.38x | ₹-986.47 Million |
Industry Comparison
This section compares DCX Systems Limited's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $35,852,322,991
- Average return on equity (ROE) among peers: 15.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DCX Systems Limited (DCXINDIA) | ₹14.53 Billion | 79.80% | 0.44x | $98.42 Million |
| Apollo Micro Systems Limited (APOLLO) | $460.20 Million | 21.73% | 3.41x | $387.02 Million |
| Bharat Dynamics Limited (BDL) | $32.11 Billion | 10.97% | 1.70x | $1.38 Billion |
| Bharat Electronics Limited (BEL_old) | $13.01 Billion | 25.38% | 2.23x | $15.34 Billion |
| Cochin Shipyard Limited (COCHINSHIP) | $37.23 Billion | 16.98% | 0.72x | $1.32 Billion |
| Data Patterns (India) Limited (DATAPATTNS) | $1.53 Billion | 13.71% | 0.92x | $889.67 Million |
| Garden Reach Shipbuilders & Engineers Limited (GRSE) | $9.55 Billion | 12.21% | 5.74x | $760.61 Million |
| Hindustan Aeronautics Limited (HAL) | $193.17 Billion | 26.30% | 2.02x | $8.44 Billion |
| Mazagon Dock Shipbuilders Limited (MAZDOCK) | $34.32 Billion | 14.97% | 6.30x | $2.07 Billion |
| Megasoft Limited (MEGASOFT) | $1.28 Billion | 1.02% | 1.20x | $44.57 Million |