MarketFriction

Dynamic Cables Ltd

NSE DYCL · BSE 540795 · Cables - Electricals
₹428.00 -2.09%
NSE close2026-10-01
52 week range236.80 - 560.00
Market cap₹2,102 Cr.
P/E23.0
Price band 20% Delivery 40.7%

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
Sales154192241209234252331262282299355349
Expenses140174215187210226297235251265318311
Operating Profit131825222426342731343838
OPM %9%9%11%10%10%10%10%10%11%11%11%11%
Other Income111122131211
Interest565554233333
Depreciation223333333333
Profit before tax71018161821312426303233
Tax %30%27%25%26%24%25%23%25%25%25%25%25%
Net Profit5814121416241820222425
EPS in Rs1.161.713.132.392.863.264.863.754.054.634.995.15
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2683003575274293435646697681,0251,1981,285
Expenses2472813374783843175046066919201,0681,144
Operating Profit211920484526606377105130141
OPM %8%6%5%9%11%7%11%9%10%10%11%11%
Other Income253638333675
Interest1099131512131621151112
Depreciation222898889111212
Profit before tax10121133241342425186113122
Tax %32%35%35%35%24%26%26%26%26%24%25%
Net Profit787211810313138658491
EPS in Rs3.403.701.694.824.142.247.027.058.5813.3617.4318.82
Dividend Payout %0%0%7%3%3%6%4%4%3%2%3%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth16%28%21%19%
Compounded Profit Growth28%53%39%28%
Stock Price CAGR%63%24%10%
Return on Equity20%20%20%20%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101011222222222222222448
Reserves10173149708695126155192350409
Borrowings49928613113312211877821195943
Other Liabilities64424836686962125144165157182
Total Liabilities133161176238292299297350403499589683
Fixed Assets181918565856555356638497
CWIP00100000037033
Investments00000000014431
Other Assets115142148182234243242297345428462523
Total Assets133161176238292299297350403499589683
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity10-3922-23184017642715662
Cash from Investing Activity-1-3-14-31-9-8-6-9-16-16-76-32
Cash from Financing Activity233-652-9-32-11-55-121519-30
Net Cash Flow11-92-20-00-000-00
Free Cash Flow9-4211-54833105814-20324
CFO/OP118%-175%140%-106%52%103%76%126%62%18%73%69%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days86991021001071281361031131218488
Inventory Days4377525743581107558746665
Days Payable926156334968679688896060
Cash Conversion Cycle361159912410111717982831069093
Working Capital Days93540534666765953567482
ROCE %22%17%13%21%17%11%24%24%24%26%26%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.44%74.45%74.47%68.17%68.17%68.17%68.18%68.18%68.18%68.18%68.18%68.18%
FIIs0.10%0.08%0.03%0.39%0.32%1.19%1.08%1.27%0.55%0.53%0.90%0.67%
DIIs0.09%0.08%0.07%2.34%2.06%2.45%2.17%1.62%1.57%1.03%1.27%0.98%
Public25.37%25.37%25.44%29.09%29.43%28.19%28.58%28.93%29.69%30.25%29.65%30.17%
No. of Shareholders35,36337,16036,63538,04336,55143,24444,90045,87651,54952,77148,95751,019

Fundamentals

Market Cap₹ 2,102 Cr.
Current Price₹ 434
Stock P/E23.0
Book Value₹ 94.4
ROCE26.2 %
ROE19.9 %
Dividend Yield0.12 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)28%
Standalone figures.
Valuation
Market capRs 2,074 Cr
Enterprise valueRs 2,089 Cr
P/E (TTM)22.75x
Price to book4.54x
Price to sales1.61x
EV / EBITDA14.33x
EV / EBIT15.61x
EV / sales1.63x
Price to cash flow33.67x
Earnings yield4.40%
Dividend yield0.12%
P/E, 3-year average11.73x
P/B, 3-year average2.10x
P/E, 5-year average9.09x
P/B, 5-year average1.65x
Profitability
Operating margin (excl. other income)10.82%
Operating margin (incl. other income)11.38%
EBITDA margin11.35%
Pre-tax margin9.51%
Net profit margin7.10%
Net margin, latest quarter7.15%
ROE20.32%
ROCE26.69%
ROA13.28%
ROE, 3-year average20.56%
ROCE, 3-year average25.72%
ROA, 3-year average11.19%
ROE, 5-year average20.82%
ROCE, 5-year average24.97%
ROA, 5-year average10.27%
ROIC (approx.)21.17%
Tax rate25.31%
Other income / net worth1.48%
Growth
Sales growth (latest year)16.82%
Profit growth (latest year)30.27%
Sales CAGR, 3 years21.45%
Sales CAGR, 5 years28.44%
Profit CAGR, 3 years39.64%
Profit CAGR, 5 years53.68%
Sales growth QoQ-1.79%
Profit growth QoQ3.23%
Sales growth YoY (latest quarter)33.22%
Profit growth YoY (latest quarter)37.01%
Per share
EPS (TTM)Rs 18.82
EPS (latest year)Rs 17.43
EPS (latest quarter)Rs 5.15
EPS, 3-year averageRs 20.45
EPS, 5-year averageRs 17.89
Book value per shareRs 94.36
Sales per shareRs 265.15
Cash flow per shareRs 12.71
Free cash flow per shareRs 0.83
Dividend per share (latest year)Rs 0.50
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout2.87%
Dividend payout, 3-year average2.55%
Dividend payout, 5-year average2.95%
Efficiency
Asset turnover1.75x
Fixed asset turnover12.39x
Inventory turnover5.69x
Inventory days64 days
Debtor days88 days
Debtors turnover4.16x
Creditor days60 days
Cash conversion cycle93 days
Working capital days82 days
Leverage
Total debtRs 43 Cr
Cash and bankRs 28 Cr
Net debtRs 15 Cr
Debt to equity0.09x
Net debt / EBITDA0.10x
Interest coverage11.46x
Current ratio (filing 2026-03-31)2.52x
Quick ratio (filing 2026-03-31)1.72x
Trade payables (filing 2026-03-31)Rs 159 Cr
Owners' fund to total sources66.98%
Debt to assets6.31%
Cash flow
Cash from Operating Activity (latest year)Rs 62 Cr
Cash from Investing Activity (latest year)Rs -32 Cr
Cash from Financing Activity (latest year)Rs -30 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs -12 Cr
Cash from ops / profit, 5 years0.84x
Sales to cash flow19.45x
Statement figures
Net sales (TTM)Rs 1,285 Cr
Net sales (latest year)Rs 1,198 Cr
Sales (latest quarter)Rs 349 Cr
Operating profit excl. other income (latest year)Rs 130 Cr
Operating profit (latest quarter)Rs 38 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 146 Cr
PBDT (TTM)Rs 134 Cr
Profit before tax (TTM)Rs 122 Cr
Tax (latest year)Rs 29 Cr
Net profit (TTM)Rs 91 Cr
Net profit (latest year)Rs 84 Cr
Net profit (latest quarter)Rs 25 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 12 Cr
Cost of goods sold (latest year)Rs 984 Cr
Total expenditure (latest year)Rs 1,068 Cr
Total income (latest year)Rs 1,205 Cr
Share capitalRs 48 Cr
ReservesRs 409 Cr
Shareholders' fundsRs 457 Cr
Total assetsRs 683 Cr
Net blockRs 97 Cr
Capital work in progressRs 33 Cr
InvestmentsRs 31 Cr
ReceivablesRs 288 Cr
InventoryRs 173 Cr
Other liabilitiesRs 182 Cr
Shares outstanding (crore)4.85
Ownership
Promoter holding68.18% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 22.8 is at the 64th percentile of its own 8.9-year range (median 15.3, low 2.5, high 61.9).
P/B 4.54 is at the 69th percentile (median 2.70).
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.
PeriodDYCLNifty 50Difference
1 week-9.6%-2.8% -6.8 pts
1 month-21.1%-6.8% -14.3 pts
3 months+17.9%-7.6% +25.6 pts
6 months+77.7%+0.4% +77.3 pts
1 year+4.6%-9.9% +14.5 pts
2 years+50.6%-13.6% +64.1 pts
3 years+88.5%+14.2% +74.3 pts
5 years+1042.9%+27.9% +1015.0 pts

Red flags

F-score 7 of 8
lookAuditor change Auditor change 2026-05-12: Dynamic Cables Limited has informed the Exchange regarding Change in Auditors of the company.
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 ₹349 Cr +33.2% vs Jun 2025. Net profit ₹25 Cr +38.9%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Polycab India Ltd122,10242.633.2 %
KEI Industries Ltd42,64742.820.0 %
R R Kabel Ltd28,53946.728.1 %
Finolex Cables Ltd21,95427.416.0 %
KSH International Ltd6,96853.221.5 %
Universal Cables Ltd5,09625.511.7 %
V-Marc India Ltd4,63939.741.4 %
Laser Power & Infra Ltd3,79634.620.5 %
Lumino Industries Ltd3,17918.726.6 %
Quadrant Future Tek Ltd2,161-15.5 %
Paramount Communications Ltd1,89231.012.4 %
Divine Power Energy Ltd1,54657.9%
Systematic Industries Ltd59627.717.4 %
Susan Electricals India Ltd58123.237.0 %
JD Cables Ltd42213.333.6 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-10Dividend - Rs 0.50 Per Share
2025-07-11Bonus 1:10.5000
2025-06-23Dividend - Re 0.50 Per Share
2024-07-24Annual General Meeting/Dividend - Re 0.50 Per Share
2023-08-02Annual General Meeting/Dividend - Re 0.50 Per Share
2022-08-12Annual General Meeting/Dividend - Rs 0.50 Per Share
DateTypeWhat it says
2026-09-28UpdatesReporting of Violation of Code of Conduct Under SEBI (Prohibition of Insider Trading) Regulations, 2015.
2026-09-23ResignationResignation of Director/KMP/SMP
2026-09-23ResignationResignation of Senior Management Personnel
2026-09-18Concall / analyst meetSchedule of meet
2026-09-10ResignationResignation of Director/KMP/SMP
2026-09-10Change in ManagementResignation of Senior Management Personnel.
2026-09-03Price movementSignificant movement in price has been observed in Dynamic Cables Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-09-02Price movementSignificant movement in price has been observed in Dynamic Cables Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-08-14General UpdatesFavourable GST order
2026-07-23Concall / analyst meetTranscript
2026-07-23Shareholder meetingVoting results.
2026-07-21Shareholder meetingProceedings of Annual General Meeting held on July 21, 2026
2026-07-20Concall / analyst meetLink of Recording
2026-07-20Press ReleaseA press release dated July 20, 2026, titled "press release on the Un-audited Financial Results of the Company for the quarter ended June 30, 2026".
2026-07-20Board meeting outcomeDynamic Cables Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-15Concall / analyst meetSchedule of meet
2026-06-22Shareholder meetingNotice of Annual General Meeting to be held on July 21, 2026
2026-06-16Change in ManagementChange in Management
2026-06-16AppointmentAppointment of Mr Rasik Mangal as General Manager Marketing and designated him as a Senior Management Personnel of the Company of the company w.e.f...
2026-06-16Board meeting outcomeConvening of 19th Annual General Meeting of the Company on Tuesday, July 21, 2026 through Video Conferencing ( VC ) or Other Audio Visual Means ( OAVM...
2026-06-16Record DateRecord date for the purpose of Dividend is 10-Jul-2026.
2026-06-12Credit RatingCredit Rating
2026-06-11Concall / analyst meetSchedule of meet
2026-05-18Concall / analyst meetTranscript
2026-05-15General UpdatesCorporate Presentation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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 Dynamic Cables Ltd?

Dynamic Cables Ltd (DYCL) has a market capitalisation of Rs 2,102 Cr. at the 2026-10-01 close.

What is the P/E ratio of Dynamic Cables Ltd?

Dynamic Cables Ltd trades at a P/E of 23.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Dynamic Cables Ltd's latest quarterly results?

In the Jun 2026 quarter, Dynamic Cables Ltd sales was Rs 349 Cr (+33.2% vs Jun 2025) and net profit was Rs 25 Cr.

What is the 52-week high and low of Dynamic Cables Ltd?

The 52-week high is Rs 560.00 and the 52-week low is Rs 236.80.

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