Dynamic Cables Ltd.

Dynamic Cables Ltd.

372.25
INR
-8.85
(-2.32%)
18.53EPS
19.85P/E
17.83BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
44.84
59.14
60.84
68.14
99.37
119.46
97.14
77.7
128
151.81
174.39
215.91
247.03
261.24
Basic EPS, GAAP
0.36
0.58
1.54
1.82
2.07
4.82
4.14
2.24
7.02
7.04
8.58
13.65
17.42
18.53
Free Cash Flow per Basic Share
1.45
1.96
-9.58
2.51
-15.05
1.68
7.41
2.2
13.14
3.18
-4.52
6.68
0.86
- -
Dividend per Share
- -
- -
- -
- -
- -
0.15
0.15
0.13
0.13
0.25
0.25
0.23
0.25
- -
Book Value per Share
4.03
4.6
6.14
9.46
16.16
20.53
24.5
26.61
33.53
40.3
48.59
77.16
94.36
- -
Tangible Book Value per Share
4.03
4.6
6.14
9.46
16.1
20.48
24.46
26.59
33.52
40.29
48.59
77.1
94.31
- -
Basic Weighted Avg Shares
44
44
44
44
36
44
44
44
44
44
44
47
48
48
Sales/Revenue/Turnover
1,974
2,604
2,679
3,000
3,564
5,260
4,277
3,421
5,636
6,684
7,678
10,250
11,971
12,654
Operating Margin (%)
3.46
2.78
6.93
5.57
5.9
8.62
9.4
5.23
9.32
8.33
9.1
9.24
10.04
9.87
Depreciation Expense
16
21
20
20
22
83
88
84
81
79
93
109
118
118
Net Income, GAAP
16
25
68
80
74
212
182
98
309
310
378
648
844
898
Effective Tax Rate (%)
26.47
29.84
31.88
34.65
34.67
35.09
23.49
26.45
25.55
25.72
25.6
24.35
25.32
25.32
Profit Margin (%)
0.8
0.97
2.54
2.67
2.08
4.04
4.26
2.88
5.48
4.64
4.92
6.32
7.05
7.09
Working Capital
268
272
371
361
621
741
986
942
1,174
1,299
1,495
2,853
3,289
- -
LT Debt
277
248
297
363
532
495
475
316
245
114
57
44
63
- -
Total Equity
177
202
270
416
712
904
1,078
1,172
1,476
1,774
2,140
3,739
4,572
- -
Return on Invested Capital (%)
2.69
3.91
7.17
6.29
8.66
12.13
13.12
5.55
16.89
17.12
17.12
18.71
18.98
- -
Return on Capital (%)
10.84
9.71
14.78
10.16
7.58
13.21
12.43
7.21
16.82
16.78
16.94
19.35
19.28
- -
Return on Common Equity (%)
9.54
13.36
28.74
23.3
13.17
26.29
18.39
8.75
23.34
19.08
19.3
22.05
20.32
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
368
- -
LT Borrowings
- -
43
- -
LT Finance Leases
- -
20
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
16,185
11,674
17,826

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
5,449
- -
Cash, Cash Equivalents & STI
- -
415
- -
Accounts Receivable, Net
- -
2,879
- -
Inventories
- -
1,728
- -
Total Current Liabilities
- -
2,160
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
368
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.36%
32.76%
22.29%
Free Cash Flow
-72.63%
-33.33%
-86.82%
Net Income, GAAP
47.41%
67.58%
30.26%
Sales/Revenue/Turnover
18.82%
29.7%
16.78%
Total Cash Common Dividend
- -
- -
10.07%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,085
2,341
2,515
3,312
10,250
2026
2,620
- -
2,988
3,555
11,971
2027
3,491
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.39
2.86
3.26
4.87
13.65
2026
3.76
- -
4.63
4.99
17.42
2027
5.15
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.23
2026
- -
- -
- -
- -
0.25
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ashish Mangal
Full Time Employees
1,077
Sector
Producer manufacturing
Industry
Electrical products
Address
F-260, Road Number 13 Jaipur RA India 302013
IPO Date
Dec 14, 2017
Business
Dynamic Cables Limited manufactures and supplies a comprehensive range of power and control cables, overhead conductors, and specialized wiring solutions for the energy, infrastructure, and industrial sectors; its core products include low voltage (LV), medium voltage (MV), and high voltage (HV) power cables up to 66 kV in copper and aluminum; aerial bunched cables for LT and MV applications; bare conductors such as all aluminum alloy conductors (AAAC), aluminum conductor steel reinforced (ACSR), and AL-59 conductors; railway signaling cables; medium voltage covered conductors (MVCC) up to 36 kV; low voltage control, concentric, and instrumentation cables; solar cables; electric vehicle (EV) cables; and galvanized stay wires. The company, founded in 1986 and headquartered in Jaipur, Rajasthan, India, operates three state-of-the-art manufacturing facilities in Jaipur and Reengus, Rajasthan, serving government discoms, private distribution companies, EPC contractors, industrial clients, solar projects, railways, and export markets across India and internationally. Dynamic Cables, formerly known as Dynamic Engineers, went public via an initial public offering and lists on the National Stock Exchange of India under the ticker DYCL.NS. Recent developments include receipt of approval from Power Grid Corporation of India in November 2025 for supplying ACSR and AL-59 conductors up to 61 strands from its Reengus plant; UL 854 certification from UL Solutions in November 2025 enabling access to US and international markets; a preferential issue of equity shares raising Rs 96.58 crore in June 2024 with substantial utilization by September 2025; a 1:1 bonus issue of equity shares in July 2025 doubling paid-up capital; India Ratings upgrading its bank facilities to IND A/Stable for INR 3,560 million in November 2025; commissioning and capacity expansions at the 200,000 sq. ft. Reengus facility for 66 kV cables; and robust order book growth to Rs 734 crore as of June 2025 driven by power utilities, EPC, exports, and renewables.