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ICICI Direct Report
DCX Systems Ltd. is among the leading Indian players for manufacturing electronic sub-systems and cable harnesses in terms of manufacturing capability.
The company is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and is also involved in kitting.
DCX commenced its operations in 2011 and has been a preferred Indian offset partner for foreign original equipment manufacturers for executing aerospace and defence manufacturing projects. Revenue from operations has grown at a compound annual growth rate of 56.6% in FY20-22.
With defence public sector undertakings focusing on specialisation and integration and sub-component manufacture being outsourced to the private sector, there are significant opportunities for private sector companies like DCX Systems.
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