MarketFriction

Dynacons Systems & Solutions Ltd

NSE DSSL · BSE 532365 · IT Enabled Services
₹948.75 -3.50%
NSE close2026-10-01
52 week range781.00 - 1,924.80
Market cap₹1,266 Cr.
P/E14.9
Price band 5% Delivery 61.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales220227282321306309331329352340402311
Expenses201208263296281280301297315299366271
Operating Profit191920252629293237413640
OPM %9%8%7%8%8%9%9%10%11%12%9%13%
Other Income112121211122
Interest222223655677
Depreciation000022113468
Profit before tax171819242424252631312526
Tax %27%26%24%25%24%25%27%25%26%25%25%25%
Net Profit131314181818182023231920
EPS in Rs9.9010.2911.2413.9114.3614.4014.2815.4117.7418.4315.0215.36
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1241582113043284366548041,0241,2671,4231,405
Expenses1201542042923134176237509461,1621,2771,251
Operating Profit457121519315578105146154
OPM %3.4%3.0%3.2%3.9%4.5%4.3%4.7%7%8%8%10%11%
Other Income101122224766
Interest3346879119132625
Depreciation11111111221521
Profit before tax123681222457297114114
Tax %30%25%33%34%24%24%25%25%25%25%25%
Net Profit112469163354728585
EPS in Rs1.541.942.744.576.679.1014.5926.3042.4456.9066.5666.55
Dividend Payout %0%0%0%0%7%5%3%2%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth28%27%21%10%
Compounded Profit Growth57%56%36%14%
Stock Price CAGR56%46%13%19%
Return on Equity32%35%35%31%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital666799101113131313
Reserves101114162227395792145218302
Borrowings13212035353744646936139237
Other Liabilities5121211324988167229394404458
Total Liabilities34505369981221812994025877741,010
Fixed Assets33332466769158
CWIP0000000000220
Investments000000011111
Other Assets3146506795118174292395581742851
Total Assets34505369981221812994025877741,010
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3-44-13249-1515296446
Cash from Investing Activity1-1-0-1-00-2-1-0-0-26-43
Cash from Financing Activity-25-113-2-8-014-5-42-6-24
Net Cash Flow203-1-0-46-29-1432-22
Free Cash Flow2-54-14247-161429373
CFO/OP105%-88%112%-181%38%41%58%-37%33%59%80%32%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5489666869938598136143126155
Inventory Days29222428231140441930195
Days Payable8251812355575100113156130134
Cash Conversion Cycle758672855750504242171525
Working Capital Days231722221421232232271923
ROCE %11%12%12%14%20%23%23%28%36%44%39%30%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.10%61.10%61.00%61.00%61.00%61.00%60.95%60.95%60.95%60.95%60.89%60.89%
FIIs0.00%0.00%0.06%0.01%0.01%0.81%0.16%0.17%0.28%0.34%0.37%1.08%
DIIs0.00%0.00%0.23%0.18%0.00%0.00%0.27%0.24%0.11%0.26%0.30%0.28%
Public38.90%38.90%38.72%38.80%38.99%38.19%38.63%38.63%38.65%38.45%38.45%37.74%
No. of Shareholders21,97324,40827,72332,77436,08438,20940,69941,93141,99742,36843,05541,418

Fundamentals

Market Cap₹ 1,266 Cr.
Current Price₹ 993
Stock P/E14.9
Book Value₹ 247
ROCE29.7 %
ROE31.1 %
Dividend Yield0.05 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)14%
Standalone figures.
Valuation
Market capRs 1,208 Cr
Enterprise valueRs 1,334 Cr
P/E (TTM)14.26x
Price to book3.84x
Price to sales0.86x
EV / EBITDA8.32x
EV / EBIT9.58x
EV / sales0.95x
Price to cash flow26.48x
Earnings yield7.01%
P/E, 3-year average18.04x
P/B, 3-year average5.72x
P/E, 5-year average16.09x
P/B, 5-year average4.89x
Profitability
Operating margin (excl. other income)10.25%
Operating margin (incl. other income)10.65%
EBITDA margin11.41%
Pre-tax margin8.09%
Net profit margin6.03%
Net margin, latest quarter6.29%
ROE31.06%
ROCE30.28%
ROA9.50%
ROE, 3-year average36.50%
ROCE, 3-year average37.90%
ROA, 3-year average10.35%
ROE, 5-year average35.26%
ROCE, 5-year average35.54%
ROA, 5-year average9.49%
ROIC (approx.)23.55%
Tax rate25.49%
Other income / net worth1.82%
Growth
Sales growth (latest year)12.30%
Profit growth (latest year)17.08%
Sales CAGR, 3 years20.95%
Sales CAGR, 5 years26.69%
Profit CAGR, 3 years36.44%
Profit CAGR, 5 years55.85%
Sales growth QoQ-22.61%
Profit growth QoQ2.25%
Sales growth YoY (latest quarter)-5.32%
Profit growth YoY (latest quarter)-0.26%
Per share
EPS (TTM)Rs 66.51
EPS (latest year)Rs 66.56
EPS (latest quarter)Rs 15.36
EPS, 3-year averageRs 55.30
EPS, 5-year averageRs 41.36
Book value per shareRs 247.36
Sales per shareRs 1,103.21
Cash flow per shareRs 35.82
Free cash flow per shareRs 2.36
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average2.64%
Efficiency
Asset turnover1.41x
Fixed asset turnover9.01x
Inventory turnover74.53x
Inventory days5 days
Debtor days155 days
Debtors turnover2.36x
Creditor days134 days
Cash conversion cycle25 days
Working capital days23 days
Leverage
Total debtRs 237 Cr
Cash and bankRs 111 Cr
Net debtRs 125 Cr
Debt to equity0.75x
Net debt / EBITDA0.78x
Interest coverage5.47x
Current ratio (filing 2026-03-31)1.35x
Quick ratio (filing 2026-03-31)1.32x
Trade payables (filing 2026-03-31)Rs 443 Cr
Owners' fund to total sources31.20%
Debt to assets23.42%
Cash flow
Cash from Operating Activity (latest year)Rs 46 Cr
Cash from Investing Activity (latest year)Rs -43 Cr
Cash from Financing Activity (latest year)Rs -24 Cr
Net Cash Flow (latest year)Rs -22 Cr
Free cash flow (latest year)Rs 3 Cr
FCFE (approx.: FCF + change in debt)Rs 101 Cr
Cash from ops / profit, 5 years0.53x
Sales to cash flow31.18x
Statement figures
Net sales (TTM)Rs 1,405 Cr
Net sales (latest year)Rs 1,423 Cr
Sales (latest quarter)Rs 311 Cr
Operating profit excl. other income (latest year)Rs 146 Cr
Operating profit (latest quarter)Rs 40 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 160 Cr
PBDT (TTM)Rs 135 Cr
Profit before tax (TTM)Rs 114 Cr
Tax (latest year)Rs 29 Cr
Net profit (TTM)Rs 85 Cr
Net profit (latest year)Rs 85 Cr
Net profit (latest quarter)Rs 20 Cr
Depreciation (TTM)Rs 21 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 25 Cr
Cost of goods sold (latest year)Rs 1,204 Cr
Total expenditure (latest year)Rs 1,277 Cr
Total income (latest year)Rs 1,428 Cr
Share capitalRs 13 Cr
ReservesRs 302 Cr
Shareholders' fundsRs 315 Cr
Total assetsRs 1,010 Cr
Net blockRs 158 Cr
InvestmentsRs 1 Cr
ReceivablesRs 602 Cr
InventoryRs 16 Cr
Other liabilitiesRs 458 Cr
Shares outstanding (crore)1.27
Ownership
Promoter holding60.89% (-0.06 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 14.3 is at the 20th percentile of its own 9.4-year range (median 21.4, low 4.5, high 52.6).
P/B 3.84 is at the 46th percentile (median 4.23).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodDSSLNifty 50Difference
1 week-7.2%-2.8% -4.4 pts
1 month-7.1%-6.8% -0.3 pts
3 months-28.0%-7.6% -20.3 pts
6 months+20.9%+0.4% +20.5 pts
1 year+7.1%-9.9% +17.0 pts
2 years-33.8%-13.6% -20.2 pts
3 years+36.4%+14.2% +22.3 pts
5 years+549.6%+27.9% +521.7 pts

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 38% vs sales +12% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹311 Cr -5.5% vs Jun 2025. Net profit ₹20 Cr +0.0%.
Against our estimate for Jun 2026: sales -18.3%, profit -16.7% big miss. Our estimate for Sep 2026: sales Rs 380 Cr, profit Rs 25 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-19Interim Dividend - Re 0.50 Per Share
2025-08-22Interim Dividend - Re 0.50 Per Share
2024-09-23Annual General Meeting
2024-08-23Interim Dividend - Re 0.50 Per Share
2023-09-22Annual General Meeting
2023-08-23Interim Dividend - Re 0.50 Per Share
2022-09-22Annual General Meeting
2022-08-22Interim Dividend - Rs 0.50 Per Share
2021-09-22 Annual General Meeting
2021-08-20 Interim Dividend - Rs 0.50 Per Share
2020-09-22 Interim Dividend - Rs 0.50 Per Share
2020-09-22 Annual General Meeting
2019-09-20 Annual General Meeting
2019-08-21 Interim Dividend -Rs 0.50 Per Share
2018-09-19 Annual General Meeting
2017-09-21 Annual General Meeting
2016-09-22 Annual General Meeting
2015-09-22 Annual General Meeting
2014-09-22Annual General Meeting
2013-09-20Annual General Meeting
2012-09-20Annual General Meeting
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results of Annual General Meeting held on September 30, 2026
2026-10-01Shareholder meetingDynacons Systems & Solutions Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-07General UpdatesGeneral Updates
2026-09-07General UpdatesGeneral Updates
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-09-02General UpdatesBook closure for 31st AGM of the Company
2026-09-02Record DateRecord date for the purpose of 31st AGM, the Company has fixed September 23, 2026 as record date is 23-Sep-2026.
2026-09-02Board meeting outcomeOutcome of Board Meeting held on September 02, 2026.
2026-09-02Board meeting outcomeOutcome of Board Meeting held on September 02, 2026.
2026-08-20Concall / analyst meetTranscript
2026-08-19Press ReleaseA press release dated August 19, 2026, titled "Dynacons Achieves SOC 2 Type II Certification, Reinforcing Its Commitment to Security, Reliability and ...
2026-08-14Concall / analyst meetLink of Recording
2026-08-14Investor PresentationInvestor Presentation
2026-08-13Press ReleaseA press release dated August 13, 2026, titled "Dynacons Systems & Solutions Limited Reports Q1 FY2027 Results Landmark RBI Contract Execution Commen...
2026-08-13General UpdatesGeneral Updates
2026-08-13DividendBoard of Directors at its meeting held on August 13, 2026, declared Interim Dividend of Rs. 0.50 per equity share.
2026-08-13Board meeting outcomeDynacons Systems & Solutions Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-11Concall / analyst meetSchedule of meet
2026-08-10Record DateRecord date for the purpose of Dividend is 19-Aug-2026.
2026-07-28Order winBagging/Receiving of orders/contracts
2026-06-16Press ReleaseA press release dated Jun 16, 2026, titled "Dynacons Wins Best Region SI Govt Business (West Region) Award at Acer & Intel Pinnacle Club 2025".
2026-06-08Order winBagging/Receiving of orders/contracts
2026-06-05Concall / analyst meetTranscript
2026-06-04Press ReleaseA press release dated Jun 04, 2026, titled "Dynacons listed in TIME s India s Fastest-Growing Companies of 2026".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Dynacons Systems & Solutions Ltd?

Dynacons Systems & Solutions Ltd (DSSL) has a market capitalisation of Rs 1,266 Cr. at the 2026-10-01 close.

What is the P/E ratio of Dynacons Systems & Solutions Ltd?

Dynacons Systems & Solutions Ltd trades at a P/E of 14.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Dynacons Systems & Solutions Ltd's latest quarterly results?

In the Jun 2026 quarter, Dynacons Systems & Solutions Ltd sales was Rs 311 Cr (-5.5% vs Jun 2025) and net profit was Rs 20 Cr.

What is the 52-week high and low of Dynacons Systems & Solutions Ltd?

The 52-week high is Rs 1,924.80 and the 52-week low is Rs 781.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03