Dynamic Cables Ltd
Established in 1986 , Dynamic Cables Ltd. manufactures a wide range of conductors and cables.[1]
- Market Cap ₹ 1,694 Cr.
- Current Price ₹ 350
- High / Low ₹ 560 / 237
- Stock P/E 18.6
- Book Value ₹ 94.4
- Dividend Yield 0.14 %
- 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.
Peer comparison
Industrials Capital Goods Industrial Products Cables - Electricals
Part of BSE Industrials
Quarterly Results
Figures in Rs. Crores
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 | 0.85 | 2.27 | 2.47 | 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: | 61% |
| 3 Years: | 17% |
| 1 Year: | -23% |
| 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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 118% | -175% | 140% | -106% | 52% | 103% | 76% | 126% | 62% | 18% | 73% | 69% |
Ratios
| 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 |
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| HV Cables as % of Revenue % of revenue |
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| LV Cables as % of Revenue % of revenue |
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| Private Customers as % of Revenue % of revenue |
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| Order Book INR Crs |
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| Top 5 Customer Concentration % of revenue |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please refer attached details of the Conference Call with investors /analysts ....
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Board Meeting Intimation for The Consideration And Approval Of The Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026.
- Board meeting on 27 Oct 2026 to approve Q2 and half-year unaudited results.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) certificate for quarter ended 30 September 2026; shares held entirely in demat form.
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Reporting Of Violation Of Code Of Conduct Under SEBI (Prohibition Of Insider Trading) Regulations, 2015
- Dynamic Cables reported a contra trade violation by designated person Manoj Chaturvedi; warning letter issued.
- Closure of Trading Window
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
Concalls
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Jul 2026Transcript REC
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May 2026Transcript PPT REC
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May 2026PPT
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Feb 2026Transcript PPT REC
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Oct 2025Transcript REC
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Jul 2025Transcript PPT
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May 2025Transcript REC
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Feb 2025Transcript REC
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Oct 2024Transcript REC
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Aug 2024PPT
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Aug 2023PPT
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Aug 2023PPT
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Aug 2023PPT
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Aug 2022PPT
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Sep 2021PPT
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Oct 2020PPT
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.