84  Total SME IPOs listed in 2025

3,748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

DCX Systems Limited IPO Analysis

DCX Systems IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 500.00 Cr. The company is based in Bangalore and caters to Defence sector. Saffron Capital Advisors , Axis Capital , Edelweiss Financial Services are the merchant bankers of DCX Systems IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th April 2022.

DCX Systems IPO posted revenues of ₹ 514.76 crores and PAT of ₹ 13.36 crores in FY23 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 853.00 Cr.
            EBITDA: ₹ 69.40 Cr.
            PAT: ₹ 22.24 Cr.
  • EBITDA Margin: 8.14 %
            Pat Margin: 2.61 %
  • Net Worth: ₹ 123.18 Cr.
  • Market Capitalisation: ₹ 2002.18 Cr.
  • P/E: 90.00 times
  • P/BV: 3.21 times
  • EV/EBITDA: 33.79 times
Nature of IPO : MainBoard
Exchange : BSE,NSE
IPO Type : Book Building

DCX Systems IPO Financial Performance (Restated)

Financial results of DCX Systems IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Jun-22 FY22 FY21 FY20
Balance Sheet
Assets 1011.61 942.62 793.18 698.85
Net Worth 123.18 117.59 46.78 17.17
Total Debt 502.62 498.32 136.38 133.98
Profit & Loss
Revenue
Revenue on annualised basis
213.25
853.00
1102.27 641.16 449.26
EBITDA
EBITDA on annualised basis
17.35
69.40
83.97 10.08 30.51
PAT
PAT on annualised basis
5.56
22.24
65.61 29.56 9.74
Financials
30-Jun-22
FY22
FY21
FY20
Balance Sheet
Assets
1011.61
942.62
793.18
698.85

Net Worth
123.18
117.59
46.78
17.17

Total Debt
502.62
498.32
136.38
133.98

Profit & Loss
Revenue
Revenue on annualised basis
213.25
853.00
1102.27
641.16
449.26

EBITDA
EBITDA on annualised basis
17.35
69.40
83.97
10.08
30.51

PAT
PAT on annualised basis
5.56
22.24
65.61
29.56
9.74

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

DCX Systems IPO Key performance Indicators (KPI)

DCX Systems IPO PAT Margin is 2.61 % , ROCE (Return on Capital Employed) is 2.71 % as per latest financial. The below table shows DCX Systems IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Jun-22 FY22 FY21 FY20
EBITDA Margin (%) 8.14 7.62 1.57 6.79
PAT Margin (%) 2.61 5.95 4.61 2.17
EPS (₹) 0.72 9.19 4.22 1.39
ROE (%) 4.51 55.80 63.19 56.73
ROCE (%) 2.71 13.15 4.16 19.19
ROA (%) 0.55 6.96 3.73 1.39
Debt to Equity 4.08 4.24 2.92 7.80
Particulars
30-Jun-22
FY22
FY21
FY20

EBITDA Margin (%)
8.14
7.62
1.57
6.79

PAT Margin (%)
2.61
5.95
4.61
2.17

EPS (₹)
0.72
9.19
4.22
1.39

ROE (%)
4.51
55.80
63.19
56.73

ROCE (%)
2.71
13.15
4.16
19.19

ROA (%)
0.55
6.96
3.73
1.39

Debt to Equity (x)  
4.08
4.24
2.92
7.80

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

DCX Systems IPO Valuation Metrics

The market Capitalisation of DCX Systems IPO is ₹ 2002.18 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
2002.18

Enterprise Value (EV) (₹ Cr.):
2,345.08

EV/EBITDA (times) :
33.79

PE Multiple (times) :
90.00

P/B (times) :
3.21

NAV (₹) :
15.92

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in DCX Systems prospectus?

The DCX Systems IPO prospectus highlights an Return on Equity (ROE) of 4.51 % , Return on Assets (ROA) of 0.55 %, and an EBITDA Margin of 8.14 %, showcasing financial performance.

How do profitability ratios impact the evaluation of DCX Systems IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows DCX Systems IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for DCX Systems IPO ?

The post-IPO market capitalisation of DCX Systems IPO is ₹ 2002.18 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of DCX Systems IPO?

The DCX Systems IPO has a Price-to-Earnings (PE) ratio of 90.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of DCX Systems IPO?

DCX Systems IPO reported revenue of ₹ 514.76 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from DCX Systems IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of DCX Systems IPO?

DCX Systems recorded an EBITDA of ₹ 69.40 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of DCX Systems IPO?

DCX Systems Profit After Tax (PAT) is ₹ 22.24 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 853.00 Cr.
            EBITDA: ₹ 69.40 Cr.
            PAT: ₹ 22.24 Cr.
  • EBITDA Margin: 8.14 %
            Pat Margin: 2.61 %
  • Net Worth: ₹ 123.18 Cr.
  • Market Capitalisation: ₹ 2002.18 Cr.
  • P/E: 90.00 times
  • P/BV: 3.21 times
  • EV/EBITDA: 33.79 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Aris Infra Solutions Limited

  Infrastructure

  Mumbai


Oswal Pumps Limited

  Solar

  Karnal


Scoda Tubes Limited

  Steel

  Ahmedabad


Prostarm Info Systems Limited

  Power and Energy

  Mumbai


Aegis Vopak Terminals Limited

  Oil and Gas

  Surat


Peer Companies Of This Sector

FAQs

DCX Systems operates in Defence and Defence Manufacturing Projects. The Issue is listed on BSE,NSE in Nov, 2022. DCX Systems IPO size was 500.00 with Issue price of 207.00 .

Merchant Banker(s) of DCX Systems IPO: Saffron Capital Advisors Private Limited , Axis Capital Limited , Edelweiss Financial Services Limited

DCX Systems IPO subscription was 69.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

DCX Systems IPO listed at a listing price of 207.00 against the offer price of 207.00.

The current market price of DCX Systems is 288.00.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency