DCX Systems Ltd - 543650 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read along with CIR/CFD/CMD1/27/2019 dated February 8, 2019, please find enclosed Annual Secretarial Compliance Report dated May 12, 2023 for the financial year ended March 31, 2023, issued by CS Pramod S, Practicing Company Secretary, Bengaluru. DCX Systems Ltd - 543650 - Intimation Of Earnings Conference Call On Financial Results For The Quarter And Year Ended March 31, 2023
Pursuant to Regulation 30 read with Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that an earnings Conference Call on financial results for quarter and year ended March 31, 2023, is scheduled to be held on Monday, May 29, 2023 at 4:30 P.M. (1ST). Q4FY23 Quarterly & FY23 Annual Result Announced for DCX Systems Ltd.
Defence company DCX Systems announced Q4FY23 & FY23 results: Standalone Q4FY23: Revenue for the quarter was Rs 510.55 crore, compared with Rs 374.04 crore in Q4FY22, driven by continuous execution of the order book EBITDA (excluding other income & forex loss) stood at Rs 49.82 crore in Q4FY23, vs Rs 45.11 crore in Q4FY22 EBITDA margin for the quarter stood at 9.76%, a decrease of 230 bps as compared to 12.06% in Q4FY22. A higher share of system integration projects executed during this quarter had a bearing on the overall blended margins. Profit After Tax (PAT) for the quarter is Rs 41.09 crore compared to Rs 32.42 crore in Q4FY22 Standalone FY23: In FY23, revenue stood at Rs 1,253.63 crore with a YoY growth of 13.73%. Growth was mainly driven by the ongoing conversion of the order book. In FY23, EBIDTA (excluding other income & forex loss) stood at Rs 113.01 crore – YoY growth of 34.73% EBIDTA margin at 9.01% - YoY improvement of 140 bps PAT for FY23 stood at Rs 72.01 crore, compared with Rs 65.61 crore in FY22 Commenting on the company’s performance, Dr. H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said, “Our Q4 & FY2022-23 performance has been in line with expectations. Despite headwinds in the global supply chains, hardening interest rates in USD borrowings, and steep depreciation of INR v/s USD during the year, the company has been able to navigate successfully and execute projects, delivering value to clients and stakeholders. The fourth quarter witnessed stability in business, signs of improvement in the supply chain, and a reduction in borrowings. In FY23, our revenues stood at Rs 1,253.63 crore, growing 13.73% year-on-year. EBITDA (excluding other income and FX loss) and PAT grew 34.73% and 9.75% to Rs 113.00 crore and Rs 72.01 crore, respectively. Top-line growth was driven by the successful execution of projects. Despite a change in product mix during this quarter, margins improved on account of better operational efficiencies. Our ongoing backward integration plans are progressing well. We have invested Rs 6.60 crore in Raneal Advanced Systems and continue to focus on our EMS business, which would leverage our manufacturing expertise. On the System Integration front, our relationship with IAI continues to grow stronger with incremental orders in the pipeline. Based on the positive feedback, we are also exploring non-IOP-based projects in this line of business. While we are open to acquiring product technology in Aerospace, Defence, and Civil Applications, potential inorganic growth opportunities under Make-In-India and Aatmanirbhar Bharat programs would also support growth. We have a strong pipeline of orders, based on which we are optimistic for the near and medium-term future. We continue to focus on procuring raw materials to support the anticipated growth while striving to maintain and improve operational efficiencies. I thank the entire team of DCX and all our stakeholders for your faith and support which helps us set and achieve new benchmarks.” Result PDF DCX Systems Ltd - 543650 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In pursuance of Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the newspaper advertisement clippings of the publication of the Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter and Year ended March 31, 2023, duly published in national newspaper of Financial Express (All India Edition) on May 21, 2023 and in regional newspaper of Samyuktha Karnataka (Bengaluru Edition) on May 21, 2023. DCX Systems Ltd - 543650 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed a Press Release dated May 19, 2023 with respect to Audited Financial performance of DCX Systems Limited for the fourth quarter and year ended March 31, 2023. DCX Systems Ltd - 543650 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Investors Presentation on the financial results for the fourth quarter and year ended March 31, 2023 is uploaded on the website of the Company. DCX Systems Ltd - 543650 - Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended ('Listing Regulations')
Pursuant to Regulation 23(9) of Listing Regulations, please find enclosed disclosure of related party transactions in the prescribed format for the year ended 31st March, 2023.The above document is available on the Company''s website www.dcxindia.com. DCX Systems Ltd - 543650 - Press Release
Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed a Press Release dated May 19, 2023 with respect to Audited Financial performance of DCX Systems Limited for the fourth quarter and year ended March 31, 2023. DCX Systems Ltd - 543650 - Board Meeting Outcome for Outcome Of The Board Meeting
We wish to inform that, Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at their meeting held today, i.e. on 19th May, 2023, inter alia, have considered and approved the Audited Financial Results (both Standalone and Consolidated) for the quarter and year ended 31st March, 2023. A copy of the Audited Financial Results (both Standalone and Consolidated) in the prescribed format, reviewed by the Audit Committee and approved by the Board along with Audit Report issued by the Statutory Auditors of the Company for the quarter and year ended 31st March 2023 is enclosed herewith.