DCX

An AS 9100D Certified

Regd. Off. Add.: Aerospace SEZ Sector, Plot Nos. 29,30 and 107, Hitech Defence and Aerospace Park, Kavadadasanahalli, Bengaluru Rural – 562110, Karnataka, India.

DCX SYSTEMS LIMITED

CIN: L31908KA2011PLC061686

Email:[email protected]

Tel: 080-67119555

Web: www.dcxindia.com

May 27, 2026

BSE Limited
P J Towers
Dalal Street, Fort
Mumbai – 400001

Scrip Code – 543650

National Stock Exchange of India Ltd
Exchange Plaza, C-1, Block G
Bandra Kurla Complex, Bandra (E)
Mumbai – 400051

Symbol – DCXINDIA

Dear Sir/Madam,

Sub: Outcome of the Board Meeting

We wish to inform you that, pursuant to Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at their meeting held today, i.e., on Wednesday, May 27, 2026, inter alia, have considered and approved the following business items:

Audited Financial Results:

The Audited Financial Results (both Standalone and Consolidated) for the quarter and year ended March 31, 2026, along with Audit Report issued by the Statutory Auditors of the Company.

A copy of the Audited Financial Results (both Standalone and Consolidated) along with the Audit Report issued by the Statutory Auditors of the Company for the quarter and year ended March 31, 2026, is enclosed herewith.

Pursuant to Regulation 33(3)(d) of SEBI Listing Regulations, 2015, we hereby declare that the Statutory Auditors of the Company have issued the Audit Report with unmodified opinion on the audited financial results of the Company.

Audited Financial Statements:

The Audited Financial Statements (both Standalone and Consolidated) for the financial year ended March 31, 2026, along with Audit Report issued by the Statutory Auditors of the Company.

Appointment of Internal Auditors of the Company:

The appointment of Rajagopal A & Co., Chartered Accountants, Bengaluru as the Internal Auditors of the Company for the Financial Year 2026-27 to conduct the Internal Audit of the Company.

The details as required under Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CF DPOD2/I/3762/2026 dated January 30, 2026, as Annexure - A.

DCX

DCX SYSTEMS LIMITED

CIN: L31908KA2011PLC061686

An AS 9100D Certified

Regd. Off. Add.: Aerospace SEZ Sector, Plot Nos. 29,30 and 107, Hitech Defence and Aerospace Park, Kavadadasanahalli, Bengaluru Rural – 562110, Karnataka, India.

Email: [email protected]

Tel: 080-67119555

Web: www.dcxindia.com

Reviewed and updated the ‘Policy on materiality of Related Party Transactions’.

The Audited Financial Results of the Company for the quarter and year ended March 31, 2026, is also available on the Company's website at www.dcxindia.com.

The meeting of the Board of Directors commenced at 4.03 P.M. IST and concluded at 4:27 P.M. IST.

Please take the same on your records.

Thanking you,

Yours Sincerely,

For DCX Systems Limited

Digitally signed
By Gurumurthy Hegde
Date: 2026.05.27
18:03:24 +05'30'

Gurumurthy Hegde
Company Secretary, Legal and Compliance Officer

INDIA

NBS & CO.

Chartered Accountants

14/2, Western India House, Sir P. M. Road, Fort, Mumbai – 400001.

Tel: (91-22) 46002131 / 32 / 33

Email id: [email protected]. Web: www.nbsandco.in.

INDEPENDENT AUDITOR'S REPORT ON AUDIT OF QUATERLY AND ANNUAL STANDALONE FINANCIAL RESULTS PURSUANT TO THE REGULATION OF 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS REGULATIONS 2015, AS AMENDED)

TO THE BOARD OF DIRECTORS OF DCX SYSTEMS LIMITED

Opinion

We have audited the accompanying Statement of Standalone Audited Financial Results of DCX Systems Limited (Formerly known DCX Cables Assemblies Pvt Ltd)(“the Company”) for the quarter and year ended March 31, 2026 (refer ‘Other Matters’ section below) together with the notes thereon(“the Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the statement is presented in accordance with the requirements of Regulation 33 of the Listing Regulations; and gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards, prescribed under Section 133 of the Companies Act, 2013 (“the Act”), read with relevant rules issued thereunder and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information of the Company for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit of the standalone financial statements in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor’s responsibilities for the audit of the standalone Financial Statements section of our report. We are independent of the Company in accordance with the code of ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the standalone Financial Statements for the quarter and year ended March 31, 2026 under the provisions of the Act and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s code of ethics. We believe that the audit evidence we have obtained by us is sufficient and appropriate to provide a basis for our opinion.

MUMBAI ★ BANGALORE ★ CHENNAI ★ MANGALORE

MUMBAI

NBS & CO.

Chartered Accountants

Emphasis of Matters

a. We draw attention to Note 9 to the standalone financial statements relating to the substantial reduction in export sales during the year arising from lower business volumes from the overseas customer. Our opinion is not modified in respect of this matter.

Management’s Responsibilities for the Standalone Financial Results

This Statement has been prepared on the basis of the Standalone Annual Financial Statements. The Company’s Board of Directors are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company’s financial reporting process.

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

NBS & CO.

Chartered Accountants

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all

NBS & CO. MUM
1000 NATIONAL CENTRAL 3RD ACCESSORIES

NBS & CO.

Chartered Accountants

relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

Attention is drawn to the fact that the amounts for the quarter ended March 31, 2026 as reported in the Statement are the balancing amounts between the annual audited amounts for the year then ended and the published year to date amounts for the nine months period ended December 31, 2025 of the respective financial years which were subject to limited review.

Our opinion is not modified in respect of this matter.

For NBS & CO.
Chartered Accountants
Firm Registration No.110100W

CA Pradgep Shetty
Partner
Membership No. 046940
UDIN: 26046940YCQEFI2083

Place: Bangalore
Date: May 27, 2026

DCX SYSTEMS LIMITED
Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS.29,30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA BENGALURU RURAL, KARNATAKA, INDIA, 562110.
CIN: L31908KA2011PLC061686, Website : www.dcxindia.com

STANDALONE STATEMENT OF ASSETS AND LIABILITIES
(¶ in Millions, unless otherwise stated)

| Sl.No | Particulars | As at 31st March 2026
(AUDITED) | As at 31st March 2025
(AUDITED) |
| --- | --- | --- | --- |
| I | ASSETS | | |
| | 1 Non - Current Assets | | |
| | (a) Property, Plant & Equipment | 254.06 | 281.87 |
| | (b) Capital work-in-progress | 43.00 | 43.00 |
| | (c) Right of use Assets | 2.26 | 3.00 |
| | (d) Other Intangible Assets | 2,426.56 | 1,586.26 |
| | (e) Financial Assets | 22.08 | 41.65 |
| | (i) Investment | 18.23 | 11.48 |
| | (ii) Other Financial Assets | 0.50 | 0.50 |
| | (f) Deferred Tax Assets (net) | 2,766.68 | 1,967.76 |
| | (g) Other non -Current Assets | | |
| | Total-Non-Current Assets | | |
| | 2 Current Assets | | |
| | (a) Inventories | 4,234.09 | 1,730.98 |
| | (b) Financial Assets | 1,329.80 | 1,603.60 |
| | (i) Trade Receivables | 1,091.33 | 1,316.07 |
| | (ii) Cash and cash equivalents | 5,556.01 | 7,810.72 |
| | (iii) Bank balances other than (ii) above | 14.35 | 1.95 |
| | (iv) Other financial assets | - | - |
| | (c) Current tax assets (net) | 2,393.15 | 1,979.73 |
| | (d) Other Current Assets | 14,618.73 | 14,443.05 |
| | Total-Current Assets | | |
| | TOTAL ASSETS | 17,385.41 | 16,410.81 |
| II. | EQUITY AND LIABILITIES | | |
| | EQUITY | | |
| | (a) Equity Share Capital | 222.78 | 222.78 |
| | (b) Other Equity | 11,647.27 | 11,319.00 |
| | Total-Equity | 11,870.05 | 11,541.78 |
| | LIABILITIES | | |
| | 1 Non Current Liabilities | | |
| | (a) Financial liabilities | - | - |
| | (i) Long Term Borrowings | 33.16 | 27.23 |
| | (b) Provisions | 33.16 | 27.23 |
| | Total -Non-Current Liabilities | | |
| | 2 Current Liabilities | | |
| | (a) Financial Liabilities | | |
| | (i) Borrowings | - | - |
| | (ii) Lease Liabilities | 25.51 | 5.74 |
| | (iii) Trade Payables - | 1,779.67 | 846.62 |
| | Total outstanding dues of MSME | 24.10 | 26.36 |
| | Total outstanding dues of creditors other than MSME | 3,520.41 | 3,855.27 |
| | (iv) Other financial liabilities | 1.38 | 1.10 |
| | (b) Other Current Liabilities | 131.13 | 106.71 |
| | (c) Provisions | 5,482.20 | 4,841.80 |
| | (d) Current tax liabilities (net) | 13,385.41 | 16,410.81 |
| | Total-Current Liabilities | | |

For
NBS & Co.
Chartered Accountants
FRN : 110100W

CA:Pradeep Shetty
Partner
M No: 046940
Place: Bengaluru
Date:27-05-2026
UDIN:26046940YCQEFI2083

For DCX Systems Limited

Dr. H.S. Raghavendra Rao
Chairman & Managing Director

DCK SYSTEMS LIMITED

Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS. 29,30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADE INDUSTRIAL AREA BENGALURU RURAL, KAINMAYAKA, INDIA, 562110, CIN: LEONBRAZILEPLOS1000, Website: www.dcctmbe.com

STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND THE YEAR ENDED 31ST MARCH, 2026

(If in Millions, unless otherwise stated)

Sl.No.	Particulars	Quarter ended			Year ended
		March 31, 2026	December 31, 2025	March 31, 2025	March 31, 2026	March 31, 2025
		(AUDITED)	(UNAUDITED)	(AUDITED)	(AUDITED)	(AUDITED)
1	INCOME
	Revenue from operations	2,059.05	1,215.95	4,954.06	7,398.72	11,120.60
	Other income	93.60	83.89	136.77	429.04	675.65
	Total income	2,152.65	1,209.84	5,000.83	7,827.76	11,796.25
2	Expenses:
	Cost of materials consumed	3,407.34	1,086.97	4,828.15	8,413.50	10,803.33
	Changes in inventories of finished goods, by products and work in progress	(1,537.33)	-	-	(1,537.33)	-
	Employee benefits expense	51.22	46.72	42.48	184.99	147.01
	Finance costs	4.50	8.56	14.45	29.57	99.60
	Depreciation and amortization expense	16.56	16.48	16.41	64.05	57.19
	Other expenses	62.88	34.36	42.66	173.74	141.44
	Total expenses	2,037.16	1,193.10	4,944.15	7,318.51	11,348.57
3	Profit before exceptional Items and Tax (1-2)	115.49	106.74	146.68	499.25	547.68
4	Exceptional Items	-	-	-	-	-
5	Profit before Tax (3-4)	115.49	106.74	146.68	499.25	547.68
6	Tax expense :
	Current tax	40.26	37.30	41.72	174.36	191.84
	Deferred tax	(1.90)	(2.32)	(2.05)	(6.73)	(5.48)
	MAT	-	-	19.93	-	19.94
		38.36	35.18	53.73	167.63	191.02
7	Profit for the Period from continuing operations (5-6)	77.13	71.56	82.95	331.62	359.66
8	Profit /(Loss) for the period discontinued operations	-	-	-	-	-
9	Tax Expenses of discontinued operations	-	-	-	-	-
10	Profit from discontinued operations (after tax) (8-9)	-	-	-	-	-
11	Profit for the Period (7+10)	77.13	71.56	82.95	331.62	359.66
12	Other comprehensive (loss)/ income
	Items that will not be reclassified subsequently to profit or loss	(0.02)	-	(1.81)	(0.02)	(1.81)
	(i) Remeasurements of defined benefit liability / (asset)	0.01	-	0.63	0.01	0.63
	(i) Income tax relating to remeasurements of defined benefit liability / (asset)	(0.01)	-	(1.18)	(0.01)	(1.18)
	ii. Items that will be reclassified subsequently to profit or loss ;
	(i) The effective portion of gains and loss on hedging instruments in a cash flow hedge	-	-	-	-	-
	(ii) Income tax relating to items that will be reclassified to profit or loss	-	-	-	-	-
	Total Other comprehensive income	(0.01)	-	(1.18)	(0.01)	(1.18)
13	Total comprehensive income for the period (11+12)	77.12	71.56	81.77	331.61	355.48
14	Paid-up Equity share Capital (Face Value of Rs 2/-)	222.78	222.78	222.78	222.78	222.78
15	Other Equity	-	-	-	11,647.27	11,319.00
16	Earnings per equity share for Continuing operations (Not Annualized)
	- Basic (Rs.)	0.69	0.64	0.83	2.98	3.20
	- Diluted (Rs.)	0.69	0.64	0.83	2.98	3.20
17	Earnings per equity share for discontinued operations (Not Annualized)
	- Basic (Rs.)	-	-	-	-	-
	- Diluted (Rs.)	-	-	-	-	-
		0.69	0.64	0.83	2.98	3.20
18	Earnings per equity share for discontinued and continuing operations (Not Annualized)
	- Basic (Rs.)	0.69	0.64	0.83	2.98	3.20

For

NBS & Co.

Chartered Accountants

FRN : 110100W

Dr. H.S. Raghavendra Rao
Chairman & Managing Director

DCX SYSTEMS LIMITED Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS. 29,30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA KARNATAKA, INDIA, 562110, CIN: L31908KA2011PLC061686, Website: www.dcxindia.com STANDALONE CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2026
Particulars	For the year ended March 31, 2026	For the year ended March 31, 2025
	(AUDITED)	(AUDITED)
A. Cash flow from operating activities
Profit before tax	499.25	547.68
Adjustments to reconcile profit before tax to net cash flows:	-	-
Interest on fixed deposits	(424.83)	(585.12)
Profit on sale of fixed assets	-	-
Interest on borrowings	-	66.44
Depreciation and amortisation expense	64.05	57.19
Remeasurement of defined employee benefit plan	(0.02)	(1.81)
Operating profit before working capital changes	138.44	84.38
Movement in working capital:
(Increase)/Decrease in trade receivables	273.80	5,067.11
(Increase)/Decrease in inventories	(2,503.11)	(476.78)
(Increase)/Decrease in other current assets	1,841.29	(8,555.64)
(Increase)/Decrease in other non current financial assets	19.57	(4.38)
(Increase)/Decrease in other current financial assets	(12.40)	(1.95)
Increase/(Decrease) in trade payables	952.81	(2,949.06)
Increase/(Decrease) in non current provisions	5.94	12.64
Increase/(Decrease) in current provisions	0.28	0.40
Increase/(Decrease) in other current financial liabilities	(2.26)	9.62
Increase/(Decrease) in other current liabilities	(334.85)	3,532.48
Cash generated from operations	379.52	(3,281.15)
Net income tax (paid)	(149.94)	(93.62)
Net cash from operating activities (A)	229.58	(3,374.77)
B. Cash flows from investing activities
Purchase of property, plant and equipment and Other Intangible assets	(35.49)	(61.81)
Proceeds from disposal of property, plant and equipment	-	-
Capital work in progress and capital advance	-	-
Investment in Subsidiary	(840.32)	(1,457.76)
Interest received	424.83	585.12
Net cash from investing activities (B)	(450.98)	(934.45)
C. Cash flows from financing activities
Working Capital/Term Loan	-	(2,653.07)
Net Proceeds from issue of Shares	-	-
Fund Raising Expenses	(3.35)	(2.77)
Interest amount	-	(66.44)
Net cash from financing activities (C)	(3.35)	(2,722.28)
Net increase / (decrease) in Cash and cash equivalents (A+B+C)	(224.74)	(7,031.50)
Effect of exchange differences on restatement of foreign currency Cash and cash equivalents	-	-
Cash and cash equivalents at the beginning of the period	1,316.07	8,347.57
Cash and cash equivalents at the end of the period	1,091.33	1,316.07
Notes:-
1. Cash and cash equivalents include
Cash on hand	-	-
Balances with bank	-	-
- Current accounts	1,091.33	1,316.07
	1,091.33	1,316.07

S & C D I A L

D.C. SYSTEMS LIMITED

Bangalore

DCX SYSTEMS LIMITED

Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS. 29, 30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA KARNATAKA, INDIA, 562110, CIN: L3190BKA2011PLC061686, Website: www.dcxindia.com

NOTES:

The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at the meetings held on May 27, 2026 respectively.
The Company is one of the leading Indian Defence Manufacturing player offering a full service and manufacture of Electronic Subsystems and Cable Harnesses for both International and domestic reputed customers.
During the period the Company had invested in ELTX Systems private limited (Associate company) of Rs 0.93 Mn and holding 37%, further ELTX has not yet commenced its operation during the period.
The Statutory Auditors have carried out audit of financial results for the quarter and year ended 31, 2026.
The previous periods' figures have been regrouped to conform to Current period's required classification.
Other expenses includes loss on account of foreign exchange fluctuation of Rs. 52.25 Mn and Rs. 24.02 Mn for the quarter and year ended March 31 st, 2026 and Other income includes loss on account of foreign exchange fluctuation of Rs. 8.13 Mn and Other income includes gain on account of foreign exchange fluctuation of Rs. 87.77 Mn for the quarter and year ended March 31, 2025.
The Company has only one geographic as well as manufacturing unit, in the context of the Ind AS 108 Operating Segment, is considered to constitute one single primary segment.
The figures for the quarter ended 31st March 2026 and 31st March 2025 are the balancing figures between audited figures in respect of the full financial year and year to date figures up to the third quarter of the relevant financial year.
The revenue decline for the period was primarily influenced by global geopolitical tensions and have led to significant supply chain disruptions, affecting the availability of critical components and materials essential for production. The airspace was closed for material transportation for considerable amount of time and this also affected movement of personnel which were vital for technical discussions and progressing with the manufacturing. In addition, the suppliers of critical components faced prolonged delays in obtaining necessary export licenses from their state specific authorities. Certain programmes also experienced delays due to stringent product technical qualification and certification processes, which are necessary to meet defence compliance and performance standards. Collectively, these factors contributed to the slowdown in revenue realization during the reporting period.

Encouragingly, the situation has begun to improve. Supply chain stability is gradually returning, and key programmes are progressing through their qualification milestones. With these positive developments, we anticipate strong momentum in the upcoming periods and are confident in our ability to make substantial progress in revenue generation.

For
NBS & Co.
Chartered Accountants
FRN: 110100W

CA Pradeep Shetty
Partner
M No: 046940
Place: Bengaluru
Date: 27-05-2026
UDIN: 26046940YCQEFI2083

INDIA

NBS & CO.

14/2, Western India House, Sir P. M. Road, Fort, Mumbai – 400001.

Tel: (91-22) 46002131 / 32 / 33

Email id: [email protected]. Web: www.nbsandco.in.

INDEPENDENT AUDITOR'S REPORT ON AUDIT OF QUATERLY AND ANNUAL CONSOLIDATED FINANCIAL RESULTS PURSUANT TO THE REGULATION OF 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS REGULATIONS 2015, AS AMENDED)

TO THE BOARD OF DIRECTORS OF DCX SYSTEMS LIMITED

Opinion

We have audited the accompanying Statement of Consolidated Financial Results of DCX Systems Limited (“Holding company”) and its subsidiary (the Holding company and its subsidiaries together referred to as “the Group”) for the quarter and year ended March 31, 2026, together with notes thereon (“the Statement”), attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the report of the other auditor on separate audited financial statements of subsidiary and on the other financial statements/financial information prepared by the management, these Consolidated Financial Results:

(i) Include the results of the following entities:

Subsidiaries:

a. Raneal Advanced Systems Private Limited
b. NIART Systems LTD

Associate:

ELTX System Private Limited.

(ii) are presented in accordance with the requirements of the Listing Regulations in this regard; and gives a true and fair view, in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (“Ind AS”), prescribed under Section 133 of the Companies Act, 2013 (“the Act”), read with relevant rules issued thereunder and other accounting principles generally accepted in

MUMBAI ★ BANGALORE ★ CHENNAI ★ MANGALORE

MUMBAI FRS 110100000000000000000000000000000000000000000000000000000000000000000

NBS & CO.

Chartered Accountants

India, of the consolidated net loss and other comprehensive income and other financial information of the Company for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (“SAs”) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group and its associates in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the Statement under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and respective independent auditors in terms of their reports referred to in paragraph 13 and 14 in the “Other Matters” paragraph below, is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matters

a. We draw attention to Note 9 to the consolidated financial statements relating to the substantial reduction in export sales during the year arising from lower business volumes from the overseas customer. Our opinion is not modified in respect of this matter.

Management’s Responsibilities for the Consolidated Financial Results

This statement has been prepared on the basis of the annual consolidated financial statements. The Holding Company’s Board of Directors is responsible for the preparation and presentation of the Statement that gives a true and fair view of the consolidated net profit and other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.

The respective Board of Directors of the companies included in the Group entities are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgements and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that gives a true and fair view and are free from material misstatement, whether due to

MUMBA
FRN
101000000000000000000000000000000000000000000000000000000000000

fraud or error, which have been used for the purpose of preparation of the Statement by the Directors of the Holding Company, as aforesaid.

In preparing the Statement, the respective Board of Directors of the companies included in the Group and of its associates are responsible for assessing the ability of the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SA’s will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgement and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that is appropriate in the circumstances. Under section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Holding Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty

NBS & CO. MUMBAI FEN 100000000000000000000000000000000000000000000000000000000000000000000

exists related to events or conditions that may cast significant doubt on the ability of the Group and its associates to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group and its associates to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group and its associates to express an opinion on the Statement.

We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Statement of which we are the independent auditors. For the other entities included in the Statement, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

We communicate with those charged with governance of the Holding Company and such other entities included in the Statement of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.

Other Matters

We did not audit the financial statement of 2 subsidiaries whose financial statements excluding consolidation eliminations reflects the Group’s share of total assets of Rs. 7,957.41 million as at March 31, 2026, Group’s share of net assets of Rs. 5,367.65 million and Group’s share of total Revenue of Rs. 44.27 million and net cash flows of Rs. 365.15 million for the year ended March 31, 2026 on that date as considered in the consolidated financial statements. The consolidated

MUMBAI FEN 10100W

financial statements also include Group’s share in Net profit/(loss) using equity method of Rs. (0.48) millions for the year ended March 31, 2026, in respect of one associate. These financial statements have been audited by other independent auditors whose reports have been furnished to us by the management of the Holding Company and has been relied upon by us for the purpose of our audit and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these entities, is based solely on the report of such auditors and the procedures performed by us as described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report.

Our opinion on the Statement in respect of matters stated in paragraph above is not modified with respect to our reliance on the work done and the report of the respective independent auditors.

Our opinion is not modified in respect of this matter.

For NBS& Co,
Chartered Accountants
Firm registration-110100W

CA Pradeep Shetty
Partner
Membership No.046940
UDIN: 26046940LPFDKN5385

Place: Bangalore
Date: May 27, 2026

DCX SYSTEMS LIMITED
Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS. 29,30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA BENGALURU RURAL,
KARNATAKA, INDIA, 562110, CIN: L3190BKA2011PLC061686, Website : www.dcxindia.com

CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES
(¥ in Millions, unless otherwise stated)

Sl.No	Particulars	As at 31st March 2026	As at 31st March 2025
		(AUDITED)	(AUDITED)
I	ASSETS
	1 Non - Current Assets
	(a) Property, Plant & Equipment	637.81	621.75
	(b) Capital work-in-progress	-	-
	(c) Right of use Assets	64.84	71.73
	(d) Other Intangible Assets	4,138.22	2,771.81
	(e) Financial Assets	-	-
	(i) Investment	0.44	-
	(ii) Other Financial Assets	28.71	50.16
	(f) Deferred Tax Assets (net)	24.69	14.68
	(g) Other non -Current Assets	0.50	0.50
	Total-Non-Current Assets	4,895.21	3,530.63
	2 Current Assets
	(a) Inventories	5,369.83	2,889.68
	(b) Financial Assets	-	-
	(i) Trade Receivables	1,344.04	1,651.89
	(ii) Cash and cash equivalents	1,139.80	1,938.28
	(iii) Bank balances other than (ii) above	6,508.60	8,096.69
	(iv) Other financial assets	16.33	8.84
	(c) Current tax assets (net)	-	-
	(d) Other Current Assets	1,760.95	924.66
	Total-Current Assets	16,139.55	15,510.04
	TOTAL ASSETS	21,034.76	19,040.67
II.	EQUITY AND LIABILITIES
	EQUITY
	(a) Equity Share Capital	222.78	222.78
	(b) Other Equity	14,907.42	13,529.53
	Total-Equity	15,130.20	13,752.31
	LIABILITIES
	1 Non Current Liabilities
	(a) Financial liabilities	-	-
	(i) Long Term Borrowings	-	-
	(b) Provisions	37.13	29.52
	(c) Lease Liabilities	7.57	22.08
	Total -Non-Current Liabilities	44.70	51.60
	2 Current Liabilities
	(a) Financial Liabilities	-	0.23
	(i) Borrowings	-	-
	(ii) Lease Liabilities	-	-
	(iii) Trade Payables -	-	-
	Total outstanding dues of MSME	28.90	9.52
	Total outstanding dues of creditors other than MSME	2,072.10	1,002.22
	(iv) Other financial liabilities	71.59	232.76
	(b) Other Current Liabilities	3,529.25	3,857.40
	(c) Provisions	4.58	1.12
	(d) Lease Liabilities	21.64	15.22
	(e) Current tax liabilities (net)	131.80	118.29
	Total-Current Liabilities	5,859.86	5,236.76
	Total EQUITY AND LIABILITIES	21,034.76	19,040.67

For
NBS & Co.
Chartered Accountants
FRN : 110100W
CA, Pradeep Shetty
Partner
M No: 000340
Place: Bengaluru
Date: 27-05-2026
UDIN: 26046940LPFDKNS385

For DCX Systems Ltd
Dr. H.S. Raghavendra Rao
Chairman & Managing Director

DCX SYSTEMS LIMITED

Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS 29,30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA BENGALURU RURAL, KARNATAKA, INDIA, 562110, CIN: L319086A2011PLC061686, Website: www.dcsindia.com

STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND THE YEAR ENDED 31ST MARCH,2026

(€ in Millions, unless otherwise stated)

Sl.No.	Particulars	Quarter ended			Year ended
		March 31, 2026	December 31, 2025	March 31, 2026	March 31, 2026	March 31, 2025
		(AUDITED)	(UNAUDITED)	(AUDITED)	(AUDITED)	(AUDITED)
1	INCOME
	Revenue from operations	2,072.71	1,210.57	5,499.57	7,433.44	10,836.71
	Other income	84.24	107.13	235.20	451.33	800.26
	Total income	2,156.95	1,317.70	5,734.77	7,884.77	11,636.97
2	Expenses:
	Cost of materials consumed	3,401.02	1,070.40	5,268.75	8,322.47	10,359.71
	Changes in inventories of finished goods, by-products and work in progress	(1,537.33)	-	-	(1,537.33)	-
	Employee benefits expense	94.83	71.96	68.40	400.00	233.62
	Finance costs	7.32	9.17	15.44	33.08	108.94
	Depreciation and amortization expense	40.25	39.85	37.34	153.38	133.71
	Other expenses	117.00	119.60	60.14	418.69	197.26
	Total expenses	2,123.09	1,310.98	5,450.07	7,790.98	11,033.24
3	Profit before exceptional items and Tax (1-2)	33.86	6.72	284.70	93.79	603.73
4	Exceptional Items	-	-	-	-	-
5	Profit before Share in Profit / (Loss) of Associate and Tax Expense	33.86	6.72	284.70	93.79	603.73
6	Share in Profit / (Loss) of Associate (net of Tax expense)	(0.48)	-	-	(0.48)	-
7	Profit before Tax Expense	33.38	6.72	284.70	93.31	603.73
8	Tax expense :
	Current tax	39.35	33.31	69.27	180.47	209.39
	Deferred tax	(2.95)	(2.33)	(6.25)	(10.05)	(9.08)
	MAT	-	-	14.66	-	14.66
9	Profit for the Period from continuing operations (7-8)	(3.02)	(24.26)	207.02	(77.11)	388.76
	Profit /(Loss) for the period discontinued operations	-	-	-	-	-
11	Tax Expenses of discontinued operations	-	-	-	-	-
12	Profit from discontinued operations (after tax) (10-11)	-	-	-	-	-
13	Profit for the Period (9+12)	(3.02)	(24.26)	207.02	(77.11)	388.76
14	Other comprehensive (loss)/ income
	Items that will not be reclassified subsequently to profit or loss
	(i) Remeasurements of defined benefit liability / (asset)	0.18	-	(1.84)	0.18	(1.84)
	(ii) Income tax relating to remeasurements of defined benefit liability / (asset)	(0.03)	-	0.64	(0.03)	0.64
		0.15	-	(1.20)	0.15	(1.20)
15	ii. Items that will be reclassified subsequently to profit or loss ;
	(i) The effective portion of gains and loss on hedging instruments in a cash flow hedge	-	-	-	-	-
	(ii) Income tax relating to items that will be reclassified to profit or loss	-	-	-	-	-
	(iii) Exchange differences on translating the financials	306.19	304.81	93.52	1,201.43	86.79
		306.19	304.81	93.52	1,201.43	86.79
	Total Other comprehensive income	306.34	304.81	92.32	1,201.58	85.59
	Total comprehensive income for the period (13+14)	303.32	280.55	299.34	1,124.47	474.35
	Profit attributable to:
	Owners of the Company	(3.02)	(24.26)	207.02	(77.11)	388.76
	Non-controlling interests
16	Other Comprehensive Income attributable to:
	Owners of the Company	306.34	304.81	92.32	1,201.58	85.59
	Non-controlling interests
16	Paid-up Equity share Capital (Face Value of Rs 2/-)	222.78	222.78	222.78	222.78	222.78
17	Other Equity
18	Earnings per equity share for Continuing operations (Not Annualized)
	- Basis (Rs.)	(0.03)	(0.22)	1.86	(0.69)	3.49
	- Diluted (Rs.)	(0.03)	(0.22)	1.86	(0.69)	3.49
19	Earnings per equity share for discontinued operations (Not Annualized)
	- Basic (Rs.)	-	-	-	-	-
	- Diluted (Rs.)	-	-	-	-	-
20	Earnings per equity share for discontinued and continuing operations (Not Annualized)
	- Basic (Rs.)	(0.03)	(0.22)	1.86	(0.69)	3.49
	- Diluted (Rs.)	(0.03)	(0.22)	1.86	(0.69)	3.49

Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS.29,30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA BENGALURU RURAL, KARNATAKA, INDIA, 562110, CIN: L31908KA2E11PLC061686, Website: www.dceindia.com

STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND THE YEAR ENDED 31ST MARCH,2026

The consolidated financial results include the result of company and Subsidiary entities and Associate company.

Quarters ended 31st March 2026
Name of the Company	Revenue in Mn	PAT (¥ in Millions)
Raneal Advanced Systems Private limited *(RASPL)	208.56	(9.59)
Niart Systems limited **(Niart)	-	(70.08)
ELTX Systems private limited*** (Associate company)	-	(0.48)
Total	208.56	(80.15)

For the year ended 31st March 2026
Name of the Company	Revenue in Mn	PAT (¥ in Millions)
Raneal Advanced Systems Private limited *(RASPL)	3,453.30	9.50
Niart systems limited **(Niart)	-	(417.75)
ELTX Systems private limited*** (Associate company)	-	(0.48)
Total	3,453.30	(408.73)

During the quarter and year ended under review, out of the total revenue of the Raneal, an amount of Rs. 270.15 Mn and 3692.89 Mn has been billed to parent company DCX systems limited.
** Niart as a research and development company incurred the cost for development of product and yet to commence the commercial production. Since the product is still under development stage the expenditure related to development project was recognised into capital expenditure as per Ind AS 38. The above loss includes Rs 19.57 Mn and Rs 162.71 Mn for the quarter and year ended, which is on account of loss on foreign currency translation as on measurement date as per Ind AS 21.
*** During the period ELTX has not yet commenced its operation.

For

NBS & Co.

FRN: 110100W

CA:Pradentability

Partner

M No: 046940

Place: Bengaluru

Date:27.05.2026

UDIN:26046940LPFDKN5385

Dr. H.S. Raghavendra Rao

Chairman & Managing Director

DCX SYSTEMS LIMITED Reg. Off. Address: AEROSPACE SEZ SECTOR,PLDT NOS 29,30 AND 107,HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA BENGALURU RURAL, KARNATAKA, INDIA, 542110, CIN: L31908KA2011PLC061686, Website: www.dcxindia.com CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2026 (₹ in Millions, unless otherwise stated)
Particulars	For the year ended March 31, 2026	For the year ended March 31, 2025
	(AUDITED)	(AUDITED)
A. Cash flow from operating activities
Profit before tax	93.79	603.73
Adjustments to reconcile profit before tax to net cash flows:
Interest on fixed deposits	(448.78)	(616.13)
Profit on sale of fixed assets	-	-
Interest on borrowings	-	71.35
Depreciation and amortisation expense	153.38	133.71
Exchange differences on translating the financials	1,201.43	86.79
Lease liability interest expenses paid	-	1.86
Remeasurements of defined benefit	0.18	(1.86)
Operating profit before working capital changes	1,000.00	279.47
Movement in working capital:
(Increase)/Decrease in trade receivables	307.85	5,018.82
(Increase)/Decrease in inventories	(2,480.14)	(854.71)
(Increase)/Decrease in other current assets	751.80	(8,322.07)
(Increase)/Decrease in other non current financial assets	21.45	(12.89)
(Increase)/Decrease in other current financial assets	(7.49)	(8.68)
Increase/(Decrease) in trade payables	1,089.26	(2,908.36)
Increase/(Decrease) in non current provisions	7.61	14.17
Increase/(Decrease) in current provisions	3.46	0.41
Increase/(Decrease) in other current financial liabilities	(161.16)	212.85
Increase/(Decrease) in other current liabilities	(328.14)	3,535.80
Increase/(Decrease) in other non current lease liabilities	(14.52)	22.08
Increase/(Decrease) in current lease liabilities	-	-
Cash generated from operations	189.98	(3,023.11)
Net income tax (paid)	(166.95)	(114.56)
Net cash from operating activities (A)	23.03	(3,137.67)
B. Cash flows from investing activities
Purchase of property, plant and equipment and Other Intangible assets	(1,528.98)	(3,000.15)
Proceeds from disposal of property, plant and equipment	-	-
Investment in Subsidiary/	(0.93)	-
Interest received	448.78	616.13
Lease liability interest expenses paid	-	(1.86)
Net cash from investing activities (B)	(1,081.13)	(2,381.88)
C. Cash flows from financing activities
Working Capital/Term Loan	(0.23)	(2,905.73)
Net Proceeds from issue of Shares	-	-
Fund Raising Expenses	(3.35)	(2.77)
Share warrant	256.78	2,018.20
Interest PAID	-	(71.95)
Increase/(Decrease) in current lease liabilities	6.42	15.22
Net cash from financing activities (C)	259.62	(946.43)
Net increase / (decrease) in Cash and cash equivalents (A+B+C)	(798.48)	(6,469.97)
Effect of exchange differences on restatement of foreign currency Cash and cash equivalents	-	-
Cash and cash equivalents at the beginning of the period	1,938.28	8,408.26
Cash and cash equivalents at the end of the period	1,139.80	1,938.28
Notes:-
1. Cash and cash equivalents include
Cash on hand	0.00	0.00
Balances with bank	-	-
- Current accounts	1,139.80	1,938.28
	1,139.80	1,938.28

DCR

Reg. Off. Address: AEROSPACE SEZ SECTOR, PLOT NOS. 29,30 AND 107, HITECH DEFENCE AND AEROSPACE PARK, KAVADADASANAHALLI, KIADB INDUSTRIAL AREA BENGALURU RURAL, KARNATAKA, INDIA, 562110, CIN: L31908KA2011PLC061686, Website: www.dcxindia.com

NOTES:

The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at the meetings held on May 27, 2026 respectively.
The Company is one of the leading Indian Defence Manufacturing player offering a full service and manufacture of Electronic Subsystems and Cable Harnesses for both International and domestic reputed customers.
During the period the Company had invested in ELTX Systems private limited (Associate company) of Rs 0.93 Mn and holding 37%, further ELTX has not yet commenced its operation during the period.
The Statutory Auditors have carried out audit of financial results for the quarter and year ended 31, 2026.
The previous periods' figures have been regrouped to conform to Current period's required classification.
Other expense includes loss on account of foreign exchange fluctuation of Rs. 50.66 Mn and Rs.175.49 Mn for the quarter and year ended March 31,2026 and other income includes gain on account of foreign exchange fluctuation Rs.46.97 Mn and Rs.151.75 Mn for the quarter and year ended March 31, 2025.
The Company has only one geographic as well as manufacturing unit, in the context of the Ind AS 108 Operating Segment, is considered to constitute one single primary segment.
The figures for the quarter ended 31st March 2026 and 31st March 2025 are the balancing figures between audited figures in respect of the full financial year and year to date figures up to the third quarter of the relevant financial year.
The revenue decline for the period was primarily influenced by global geopolitical tensions and have led to significant supply chain disruptions, affecting the availability of critical components and materials essential for production. The airspace was closed for material transportation for considerable amount of time and this also affected movement of personnel which were vital for technical discussions and progressing with the manufacturing. In addition, the suppliers of critical components faced prolonged delays in obtaining necessary export licenses from their state specific authorities. Certain programmes also experienced delays due to stringent product technical qualification and certification processes, which are necessary to meet defence compliance and performance standards. Collectively, these factors contributed to the slowdown in revenue realization during the reporting period.

For
NBS & Co.
Chartered Accountants
FRN: 110100W

CA:Pradeep Shetty
Partner
M No: 046940
Place: Bengaluru
Date: 27-05-2026
UDIN: 26046940LPFDKN5385

DCX

Email:[email protected]

May 27, 2026

BSE Limited
P J Towers
Dalal Street, Fort
Mumbai – 400001

Scrip Code – 543650

National Stock Exchange of India Ltd
Exchange Plaza, C-1, Block G
Bandra Kurla Complex, Bandra (E)
Mumbai – 400051

Symbol – DCXINDIA

Dear Sir/Madam,

Sub: Declaration with respect to Audit Reports with Unmodified Opinion for the Audited Financial Results for the Financial Year ended March 31, 2026

Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that M/s. NBS & Co., Chartered Accountants (Firm Registration No.110100W), Statutory Auditors of the Company have issued their Audit Report on the Audited Financial Results (Standalone and Consolidated) of the Company for the Financial Year ended March 31, 2026, with unmodified audit opinion.

Please take the same on records.

Thanking you,

Yours faithfully,

DCX

We hereby submit the following details as required under Disclosure of Information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CF DPOD2/I/3762/2026 dated January 30, 2026.

Annexure - A

Sr. No.	Particulars	Details
1.	Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise;	Appointment as Internal Auditors
2.	Date of appointment / re-appointment / cessation (as applicable) & term of appointment / re-appointment	The Board of Directors at their meeting held today i.e. May 27, 2026, considered and approved the appointment of Internal Auditors of the Company for the Financial Year 2026-27.
3.	Brief profile (in case of appointment);	Rajagopal A & Co., Chartered Accountants, Bengaluru, having over 5 decades of experience in audit, assessments and management consultancy.
4.	Disclosure of relationship between directors (in case of appointment of a Director).	Not Applicable

AI assistant

DCX Systems Limited Audit Report / Information 2026

59655_rns_2026-05-27_fdd98a9f-3ebe-4145-af28-a4e9d7abf102.pdf

INDEPENDENT AUDITOR'S REPORT ON AUDIT OF QUATERLY AND ANNUAL STANDALONE FINANCIAL RESULTS PURSUANT TO THE REGULATION OF 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS REGULATIONS 2015, AS AMENDED)