Dynamic Cables Ltd

Dynamic Cables Ltd

₹ 405 -0.15%
06 Aug - close price
About

Established in 1986 , Dynamic Cables Ltd. manufactures a wide range of conductors and cables.[1]

Key Points

Business Overview[1][2]
Established as a partnership firm by the Mangal family, later converted to a private entity, the Company manufactures a comprehensive range of power cables and conductors. Its product portfolio includes LV, MV, HV and EHV power cables, control and instrumentation cables, solar cables, railway signalling cables, building wires, aerial bunched cables, and aluminium conductors, serving both domestic and international markets.

  • Market Cap 1,963 Cr.
  • Current Price 405
  • High / Low 520 / 237
  • Stock P/E 21.5
  • Book Value 94.4
  • Dividend Yield 0.12 %
  • ROCE 26.2 %
  • ROE 19.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 53.2% CAGR over last 5 years

Cons

  • Promoter holding has decreased over last 3 years: -6.26%

* 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
181 154 192 241 209 234 252 331 262 282 299 355 349
161 140 174 215 187 210 226 297 235 251 265 318 311
Operating Profit 20 13 18 25 22 24 26 34 27 31 34 38 38
OPM % 11% 9% 9% 11% 10% 10% 10% 10% 10% 11% 11% 11% 11%
1 1 1 1 1 2 2 1 3 1 2 1 1
Interest 4 5 6 5 5 5 4 2 3 3 3 3 3
Depreciation 2 2 2 3 3 3 3 3 3 3 3 3 3
Profit before tax 15 7 10 18 16 18 21 31 24 26 30 32 33
Tax % 24% 30% 27% 25% 26% 24% 25% 23% 25% 25% 25% 25% 25%
11 5 8 14 12 14 16 24 18 20 22 24 25
EPS in Rs 2.59 1.16 1.71 3.13 2.39 2.86 3.26 4.86 3.75 4.05 4.63 4.99 5.15
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
260 268 300 357 527 429 343 564 669 768 1,025 1,198 1,285
251 247 281 337 478 384 317 504 606 691 920 1,068 1,144
Operating Profit 9 21 19 20 48 45 26 60 63 77 105 130 141
OPM % 3.6% 8% 6% 5% 9% 11% 7% 11% 9% 10% 10% 11% 11%
2 2 5 3 6 3 8 3 3 3 6 7 5
Interest 5 10 9 9 13 15 12 13 16 21 15 11 12
Depreciation 2 2 2 2 8 9 8 8 8 9 11 12 12
Profit before tax 4 10 12 11 33 24 13 42 42 51 86 113 122
Tax % 30% 32% 35% 35% 35% 24% 26% 26% 26% 26% 24% 25%
3 7 8 7 21 18 10 31 31 38 65 84 91
EPS in Rs 1.27 3.40 3.70 1.69 4.82 4.14 2.24 7.02 7.05 8.58 13.36 17.43 18.82
Dividend Payout % 0% 0% 0% 7% 3% 3% 6% 4% 4% 3% 2% 3%
Compounded Sales Growth
10 Years: 16%
5 Years: 28%
3 Years: 21%
TTM: 19%
Compounded Profit Growth
10 Years: 28%
5 Years: 53%
3 Years: 39%
TTM: 28%
Stock Price CAGR
10 Years: %
5 Years: 74%
3 Years: 12%
1 Year: 0%
Return on Equity
10 Years: 20%
5 Years: 20%
3 Years: 20%
Last Year: 20%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 10 10 11 22 22 22 22 22 22 22 24 48
Reserves 10 17 31 49 70 86 95 126 155 192 350 409
49 92 86 131 133 122 118 77 82 119 59 43
64 42 48 36 68 69 62 125 144 165 157 182
Total Liabilities 133 161 176 238 292 299 297 350 403 499 589 683
18 19 18 56 58 56 55 53 56 63 84 97
CWIP 0 0 10 0 0 0 0 0 3 7 0 33
Investments 0 0 0 0 0 0 0 0 0 1 44 31
115 142 148 182 234 243 242 297 345 428 462 523
Total Assets 133 161 176 238 292 299 297 350 403 499 589 683

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
10 -39 22 -23 18 40 17 64 27 1 56 62
-1 -3 -14 -31 -9 -8 -6 -9 -16 -16 -76 -32
2 33 -6 52 -9 -32 -11 -55 -12 15 19 -30
Net Cash Flow 11 -9 2 -2 0 -0 0 -0 0 0 -0 0
Free Cash Flow 9 -42 11 -54 8 33 10 58 14 -20 32 4
CFO/OP 118% -175% 140% -106% 52% 103% 76% 126% 62% 18% 73% 69%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 86 99 102 100 107 128 136 103 113 121 84 88
Inventory Days 43 77 52 57 43 58 110 75 58 74 66 65
Days Payable 92 61 56 33 49 68 67 96 88 89 60 60
Cash Conversion Cycle 36 115 99 124 101 117 179 82 83 106 90 93
Working Capital Days 9 35 40 53 46 66 76 59 53 56 74 82
ROCE % 22% 17% 13% 21% 17% 11% 24% 24% 24% 26% 26%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Conductors as % of Revenue
% of revenue

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Export Sales as % of Revenue
% of revenue
HV Cables as % of Revenue
% of revenue
LV Cables as % of Revenue
% of revenue
Private Customers as % of Revenue
% of revenue
Number of Countries Served
Countries
Order Book
INR Crs
Top 5 Customer Concentration
% of revenue

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

46 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
74.44% 74.45% 74.47% 68.17% 68.17% 68.17% 68.18% 68.18% 68.18% 68.18% 68.18% 68.18%
0.10% 0.08% 0.03% 0.39% 0.32% 1.19% 1.08% 1.27% 0.55% 0.53% 0.90% 0.67%
0.09% 0.08% 0.07% 2.34% 2.06% 2.45% 2.17% 1.62% 1.57% 1.03% 1.27% 0.98%
25.37% 25.37% 25.44% 29.09% 29.43% 28.19% 28.58% 28.93% 29.69% 30.25% 29.65% 30.17%
No. of Shareholders 35,36337,16036,63538,04336,55143,24444,90045,87651,54952,77148,95751,019

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls