Aerospace & Defence company DCX Systems announced Q1FY26 results Revenue from operations for the quarter stood at Rs 222.16 crore in Q1FY26, as compared to Rs 138.08 crore in Q1FY25, an increase of 60.89% on YoY basis. EBIT stood at Rs 11.54 crore in Q1FY26, vis-à-vis Rs 10.70 crore in Q1FY25, up by 7.85% YoY. EBIT margin for the quarter decreased to 4.87% as compared to 6.84% in Q1FY25. Profit after Tax (PAT) for the quarter increased by 38.10% to Rs 4.06 crore in Q1FY26 from Rs 2.94 crore in Q1FY25. PAT margin for the quarter decreased by 17bps to 1.71% as compared to 1.88% in Q1FY25 owing to Rs 110.21 million loss in our wholly owned subsidiary Niart resulted in a decrease in PAT H.S. Raghavendra Rao, Chairman & Managing Director, DCX Systems, said: “This quarter witnessed growth in terms of revenue compared to YoY of Q1FY25. Despite macroeconomic uncertainties and continued geo-political tensions in parts of the world, DCX has demonstrated resilience in navigating the dynamic market conditions successfully. Recent milestones during this quarter reflect our strategic efforts and focus areas. In Q1FY26, our consolidated revenue stood at Rs 222.16 crore, while EBIT and PAT were Rs 11.54 crore and Rs 4.06 crore, respectively. As of 30th June 2025, the order book position stood at Rs 2,697.00 crore, built over a steady inflow of orders. Some of the recent orders we won include those from ELTA Systems, Rafael Advanced Defense Systems, Elbit Systems and other foreign and domestic customers worth more than Rs 60.00 crore. DCX has obtained Defense Industrial License to manufacture full Radar Systems, EW Systems, Avionics and other Defense Electronic Equipment. This license enables the Company to manufacture items categorized under CATEGORY-A as per the MOD Security Manual. Products falling within this category are considered to be of the highest level of security, and are highly classified and sensitive in nature from a security standpoint. Moreover, the new JV company with ELTA Systems to develop airborne maritime radar systems, fire control radar systems, and other radar systems for airborne and land applications is shaping up steadily and efficiently. This aligns with our ToT strategy to leverage our manufacturing capabilities and support the Government’s “Make in India” motto. Our focus continues to be on entering new geographies, leveraging Make-in-India initiative and establishing DCX as a Product company through Transfer of Technology (ToT). We shall continue to improve operational efficiencies to deliver sustainable value for all our stakeholders. I thank the entire team of DCX and all our stakeholders for your faith and support which helps us drive the Company forward.” Result PDF