DYCL · Dynamic Cables Ltd · Misc. Fabricated Products
DYCL · Dynamic Cables Ltd · Misc. Fabricated Products
As of 05 Nov close
52-week range
33.1% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹349 Cr
Revenue YoY
PAT YoY
+37.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
4.6
P/S (TTM)
1.7
Sector P/E
43.1
Dividend yield
+0.1%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| DYCL (this stock) | 19.6 | 4.6 | +7.1% | +19.9% | 0.09 | +0.1% |
| Bharat Forge | 145.1 | 9.9 | +4.0% | +7.4% | 0.76 | +0.4% |
| Havells India | 44.5 | 8.6 | +6.9% | +17.3% | 0.03 | +0.9% |
| Schaeffler India | 52.3 | 10.2 | +11.9% | +20.4% | 0.01 | +0.9% |
Promoter
stable
FII
falling 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-09-01 | DYCL | 2572657 | 5 | WEAK | BULK |
| 2026-07-21 | DYCL | 2069049 | 5 | MEDIUM | BULK |
| 2026-07-20 | DYCL | 4869670 | 9 | MEDIUM | BULK |
| 2026-07-14 | DYCL | 1837415 | 6 | WEAK | BULK |
| 2026-06-18 | DYCL | 621961 | 2 | WEAK | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Dynamic Cables Limited reported a 31% year-over-year revenue growth to INR712 crores in H1 FY27, with operating profit rising 29% to INR74.3 crores and profit after tax increasing 24% to INR47.1 crores. The company highlighted strong domestic demand, a 6% volume growth, and a healthy order book of INR829 crores. Management noted the installation of a new manufacturing facility, expected to contribute from H2 FY27, with potential revenue of INR240-250 crores at optimal utilization. While gross margins declined to 16-17% due to product mix and commodity price volatility, management emphasized maintaining EBITDA margins between 10-11%. Export growth faces short-term challenges from geopolitical factors and logistics costs, though long-term opportunities remain strong. The company reiterated its long-term value growth target of 20% CAGR, supported by expanding capacity and diversification into solar and data center cables. Finance costs remained below 15% of EBITDA, and working capital management was highlighted as a priority. The discussion concluded with management inviting further investor queries.
The summary reflects management's emphasis on growth, operational efficiency, and strategic expansion despite acknowledging short-term challenges.
Sourced from an exchange-filed transcript, dated 29 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Dynamic Cables Limited reported a strong start to FY27 during its earnings conference call held on July 20, 2026. Management highlighted that the company achieved its highest-ever first quarter revenue, with a 33% year-on-year increase. EBITDA rose by 41% to INR 38 crores, and profit after tax grew by 37% to INR 25 crores. The order book stood at INR 811 crores, indicating strong revenue visibility. Management noted the successful entry into the US market and ongoing capacity expansion, which is on track for commissioning in September 2026. They addressed concerns regarding input cost volatility, explaining their strategy of using fixed and variable price contracts to manage margins. The company also emphasized its focus on renewable energy and data center cables as growth areas. Overall, management expressed confidence in sustaining performance amid a challenging market environment.
Management emphasized strong financial performance and growth opportunities.
Sourced from an exchange-filed transcript, dated 23 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Dynamic Cables Limited reported a steady operational and financial performance for the quarter and financial year ended March 31, 2026, despite a volatile macroeconomic environment. Management highlighted a 17% year-on-year revenue growth and a 30% increase in profit after tax, attributed to disciplined execution and improved product mix. The order book stood at INR808 crores, reflecting strong revenue visibility. Management noted a marked reduction in financial costs due to enhanced credit ratings and emphasized a focus on core value-added products. However, delays in capacity expansion were acknowledged, primarily due to regulatory approvals and logistics disruptions. Management reiterated a long-term growth guidance of 18% to 20%, while addressing concerns about recent order booking volatility linked to raw material price fluctuations. The company aims to leverage its strengthened industry positioning and customer relationships to capitalize on emerging opportunities in the Indian power T&D ecosystem.
The document presented a balanced view of performance and challenges faced by the company.
Sourced from an exchange-filed transcript, dated 18 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedDynamic Cables Limited (DYCL) reported a 16.73% increase in total income to ₹120,457.21 lakh in FY2025-26, driven by higher revenue from operations. The company maintained its credit ratings from CRISIL and India Ratings. No significant related-party transactions or defaults were noted, and statutory dues were up to date. The auditor highlighted key audit matters related to revenue recognition and trade receivables. The company has no outstanding GDRs/ADRs and no material disputes or defaults.
- Total income grew by 16.73% to ₹120,457.21 lakh in FY2025-26.
- Credit ratings affirmed by CRISIL (A/Stable) and India Ratings (IND A/ Stable).
- No defaults, material related-party transactions, or disputes noted.
- Statutory dues were up to date with no arrears over six months.
- Key audit matters focused on revenue recognition and trade receivable valuation.
Key takeaway: Dynamic Cables Limited delivered strong financial growth with no major defaults or disputes, maintaining stable credit ratings and operational compliance.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company received notices from BSE regarding non-compliance with Regulation 17(1) and Regulation 23(9) of the Listing Regulations for the quarters ended June 2021, September 2021, and December 2021.
Earlier (1-3 years ago)
Dynamic Cables Limited has pending regulatory actions under various statutes including Service Tax, Goods and Services Tax, and Income Tax Acts, with demands pending before authorities such as CESTATE, Jaipur, and Gujarat.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
Dynamic Cables Limited has contingent liabilities related to provisions and contingencies evaluated under Ind AS 37, with potential material impact if assumptions change.
Earlier (1-3 years ago)
The company has contingent liabilities including income tax demands, disputed excise, service tax, VAT/CST/GST demands, bank guarantees, bills discounted under LCs, and collateral security of company property against borrowing by a related party.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company is seeking approval for a related party transaction involving Mr. Rasik Mangal, General Manager, Marketing, who is the son of the Managing Director, Ashish Mangal, for payment of remuneration.
Earlier (1-3 years ago)
The company has disclosed a list of related parties with whom transactions occurred during the year, including key management personnel.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has pending disputes related to Goods and Services Tax (GST) with amounts involved under RCM and ITC, with demands pending before the Superintendent Range-II Division A Jaipur and Deputy Commissioner State Tax Circle-B, Enforcement Wing-III, Jaipur.