Dynamic Cables Ltd
Established in 1986 , Dynamic Cables Ltd. manufactures a wide range of conductors and cables.[1]
- 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.
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 | 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 |
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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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| Number of Countries Served Countries |
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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 - Outcome
- Q1 FY27 call: revenue up 33%, EBITDA INR38 cr, PAT INR25 cr; US market entry and September plant commissioning.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement- Unaudited Financial Results for the quarter ended June 30, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of July 20, 2026 investor call on Q1 FY27 unaudited results uploaded.
Annual reports
Concalls
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Jul 2026TranscriptPPTREC
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May 2026Transcript PPT REC
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
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Oct 2025TranscriptPPTREC
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Jul 2025Transcript PPT
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May 2025TranscriptPPTREC
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Feb 2025TranscriptPPTREC
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Oct 2024TranscriptPPTREC
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Aug 2024TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Sep 2021TranscriptAI SummaryPPT
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Oct 2020TranscriptAI SummaryPPT
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.