Dynamic Cables Ltd
Dynamic Cables Ltd. is a manufacturer of power infra cables that includes LT, HT, EHVC, Power control & instrumentation cables, flexible & industrial cables, solar cables and railway signaling cables. It supplies cables to Government Discom, Private Distribution companies, Private EPC contractors, industrial and Export clients. Co. has 3 manufacturing plants situated at Jaipur and Reengus. Business operations are managed through a corporate office in Jaipur and 5 regional sales offices across India. [1]
- Market Cap ₹ 2,101 Cr.
- Current Price ₹ 867
- High / Low ₹ 1,095 / 455
- Stock P/E 32.4
- Book Value ₹ 154
- Dividend Yield 0.06 %
- ROCE 26.4 %
- ROE 22.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 29.0% CAGR over last 5 years
- Debtor days have improved from 106 to 84.3 days.
Cons
- Promoter holding has decreased over last 3 years: -6.17%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cables Industry: Cables - Power
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
119 | 260 | 268 | 300 | 357 | 527 | 429 | 343 | 564 | 669 | 768 | 1,025 | |
110 | 251 | 247 | 281 | 337 | 478 | 384 | 317 | 504 | 606 | 691 | 920 | |
Operating Profit | 10 | 9 | 21 | 19 | 20 | 48 | 45 | 26 | 60 | 63 | 77 | 105 |
OPM % | 8% | 4% | 8% | 6% | 5% | 9% | 11% | 7% | 11% | 9% | 10% | 10% |
0 | 2 | 2 | 5 | 3 | 6 | 3 | 8 | 3 | 3 | 3 | 7 | |
Interest | 7 | 5 | 10 | 9 | 9 | 13 | 15 | 12 | 13 | 16 | 21 | 15 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 8 | 9 | 8 | 8 | 8 | 9 | 11 |
Profit before tax | 0 | 4 | 10 | 12 | 11 | 33 | 24 | 13 | 42 | 42 | 51 | 86 |
Tax % | 0% | 30% | 32% | 35% | 35% | 35% | 24% | 26% | 26% | 26% | 26% | 24% |
0 | 3 | 7 | 8 | 7 | 21 | 18 | 10 | 31 | 31 | 38 | 65 | |
EPS in Rs | 0.38 | 2.54 | 6.80 | 7.42 | 3.38 | 9.64 | 8.28 | 4.47 | 14.04 | 14.09 | 17.16 | 26.75 |
Dividend Payout % | 0% | 0% | 0% | 0% | 7% | 3% | 3% | 6% | 4% | 4% | 3% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 19% |
3 Years: | 22% |
TTM: | 34% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | 29% |
3 Years: | 28% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 104% |
3 Years: | 88% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 19% |
3 Years: | 20% |
Last Year: | 22% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 10 | 10 | 11 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 24 |
Reserves | 6 | 10 | 17 | 31 | 49 | 70 | 86 | 95 | 126 | 155 | 192 | 350 |
37 | 49 | 92 | 86 | 131 | 133 | 122 | 118 | 77 | 82 | 119 | 59 | |
26 | 64 | 42 | 48 | 36 | 68 | 69 | 62 | 125 | 144 | 165 | 157 | |
Total Liabilities | 78 | 133 | 161 | 176 | 238 | 292 | 299 | 297 | 350 | 403 | 499 | 589 |
19 | 18 | 19 | 18 | 56 | 58 | 56 | 55 | 53 | 56 | 63 | 84 | |
CWIP | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 3 | 7 | 0 |
Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 44 |
58 | 115 | 142 | 148 | 182 | 234 | 243 | 242 | 297 | 345 | 428 | 462 | |
Total Assets | 78 | 133 | 161 | 176 | 238 | 292 | 299 | 297 | 350 | 403 | 499 | 589 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 10 | -39 | 22 | -23 | 18 | 40 | 17 | 64 | 27 | 1 | 56 | |
-1 | -1 | -3 | -14 | -31 | -9 | -8 | -6 | -9 | -16 | -16 | -76 | |
-4 | 2 | 33 | -6 | 52 | -9 | -32 | -11 | -55 | -12 | 15 | 19 | |
Net Cash Flow | 0 | 11 | -9 | 2 | -2 | 0 | -0 | 0 | -0 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 109 | 86 | 99 | 102 | 100 | 107 | 128 | 136 | 103 | 113 | 121 | 84 |
Inventory Days | 43 | 77 | 52 | 57 | 43 | 58 | 110 | 75 | 58 | 74 | 66 | |
Days Payable | 92 | 61 | 56 | 33 | 49 | 68 | 67 | 96 | 88 | 89 | 60 | |
Cash Conversion Cycle | 109 | 36 | 115 | 99 | 124 | 101 | 117 | 179 | 82 | 83 | 106 | 90 |
Working Capital Days | 83 | 42 | 118 | 101 | 129 | 102 | 125 | 168 | 93 | 92 | 110 | 110 |
ROCE % | 15% | 22% | 17% | 13% | 21% | 17% | 11% | 24% | 24% | 24% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Dynamic Cables reports Rs.1000Cr revenue, Rs.105Cr OP, Rs.726Cr order book; Rs.35Cr capex, US/Australia export plans.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Annual Secretarial Compliance Report confirms full regulatory compliance for FY ended March 31, 2025.
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Clarification On Significant Price Movement
15 May - Company clarifies share price movement due to market conditions; no undisclosed material information.
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Clarification sought from Dynamic Cables Ltd
15 May - Exchange has sought clarification from Dynamic Cables Ltd on May 15, 2025, with reference to Movement in Price.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 May - Newspaper Publication- Audited Financial Results for the Quarter and Financial Year ended March 31, 2025
Annual reports
Concalls
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May 2025TranscriptPPTREC
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Feb 2025TranscriptPPTREC
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Oct 2024TranscriptPPTREC
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Aug 2024TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Sep 2021TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
Product Portfolio
The company manufactures conductors & cables which widely include manufacturing of LV, MV, and HV Power Cables, Aerial Bunched Cables, All Aluminium conductors, All Aluminium Alloy Conductor, Railway signaling cables, etc. [1]