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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
DCX Systems Limited is an India-based company engaged in the manufacturing of electronic systems and sub-systems, printed circuit board assemblies, and cable and wire harness assemblies for both the international and domestic aerospace, defense sectors, automotive, and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak business, fully valued — but flagged on governance.
DCX Systems is scored on the general / industrial framework. It keeps a thin -1.0% of every rupee of sales as net profit. Free cash flow is worth about -6.8% of its market value.
Book value itself has compounded 39%/yr — the hallmark of a genuine compounder. Return on equity is a weak -0.5%.
At 47× earnings, the stock sits at the 62nd percentile of its own 3-year range — the middle of where it has historically traded. The forensic screen raises 3 red flags: Only ₹-5.02 of cash per ₹1 profit over 4 years — earnings not converting to cash; 484% of pre-tax profit is other income, not operations; Share count up 32% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | -75.98 | 32.58 | better |
| P/B | 1.02 | 4.36 | better |
| EV/EBITDA | 75.91 | 28.47 | worse |
| ROE | -0.51 | 15.58 | worse |
| ROCE | 0.83 | — | — |
| ROA | -0.97 | 3 | worse |
| Quick Ratio | 1.84 | 2.52 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| HAL | 35.7 | 8.1 | 22.2% |
| BEL | 45.1 | 11.0 | 24.4% |
| Solar Industries (india) | 72.0 | 21.9 | 29.5% |
Revenue declined 32% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a -120% swing — check if it's a one-off or structural.
Operating margin has compressed from 7% to 1% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
Negative ROE — the business is destroying shareholder value. Capital efficiency declining — ROE down 13pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-26% vs -36%) — share dilution is eroding per-share value. -36% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 48% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (48% spread) — likely seasonality, lumpy orders, or project-based revenue.
4 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 2787% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (-4% → -8%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3y median.
Promoter holding at 52.2% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.