DCX Systems Limited and its wholly-owned subsidiary, Raneal Advanced Systems Pvt. Ltd., have secured purchase orders worth INR 47.58 Crores in the normal course of business. The orders are for the manufacture and supply of cable and wire harness assemblies, as well as printed circuit board assemblies, catering to both domestic and export markets. This development reinforces the company's engagement across the defence and electronics supply chains.

Latest Order Breakdown

The following table presents the details of the latest orders received by DCX Systems and its subsidiary:

Earlier Orders

Prior to these latest wins, DCX Systems and its wholly-owned subsidiary had secured purchase orders totaling INR 435.85 Crores. The major component of that order book was an export order for the supply of electronic kits valued at INR 409.40 Crores, along with orders for cable and wire harness assemblies worth INR 22.43 Crores covering both domestic and export markets. Raneal Advanced Systems had also received orders worth INR 4.02 Crores for the manufacture and supply of printed circuit board assemblies at that time.

The following table summarises the previously reported orders:

These recurring order wins across electronic kits, cable and wire harness assemblies, and printed circuit board assemblies reflect DCX Systems' continued engagement across both domestic and export defence and electronics supply chains.

DCX Systems has received a demand of ₹1.46 crore from the Commercial Taxes Department, Government of Karnataka, regarding an excess Input Tax Credit (ITC) claim for the Financial Year 2022-23. The order, received on June 16, 2026, imposes a penalty of ₹8,02,414 along with interest and tax dues. The company stated that the order does not have a material impact on its financial or operational activities and is exploring options to challenge the demand before the appropriate authority.

Details of the Demand

The Office of the Deputy Commissioner of Commercial Taxes (Large Taxpayer Unit) – 5 issued the order following an observation of excess ITC claims by the company. The total demand comprises tax, interest, and penalty components.

Violation and Company Response

The department identified the violation as an excess ITC claim for the Financial Year 2022-23. In its disclosure, DCX Systems noted that the order was received via electronic communication. While the company acknowledged the demand, it affirmed that there is no material impact on its activities. It further indicated that it plans to file an appeal against the order in due course.