MarketFriction

Dynemic Products Ltd

NSE DYNPRO · BSE 532707 · Specialty Chemicals
₹224.58 +0.45%
NSE close2026-10-01
52 week range190.80 - 367.00
Market cap₹277 Cr.
P/E13.6
Price band 20% Delivery 64.1%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales65.3971.5578.9580.0597.8595.5494.0994.4389.3190.67104.2286.43
Expenses61.1063.6668.5470.0485.3582.6481.6481.6677.0278.0189.7274.11
Operating Profit4.297.8910.4110.0112.5012.9012.4512.7712.2912.6614.5012.32
OPM %6.56%11.03%13.19%12.50%12.77%13.50%13.23%13.52%13.76%13.96%13.91%14.25%
Other Income0.060.070.510.050.060.050.270.040.030.100.250.31
Interest3.932.763.642.263.232.932.972.252.342.442.231.63
Depreciation4.224.184.104.094.134.154.074.134.174.174.144.15
Profit before tax-3.801.023.183.715.205.875.686.435.816.158.386.85
Tax %-5.53%-20.59%-27.67%25.34%25.19%25.21%30.63%25.19%23.58%25.20%27.45%24.09%
Net Profit-3.591.234.062.783.894.393.944.814.444.616.085.19
EPS in Rs-2.981.023.382.313.233.653.173.873.573.714.894.18
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales130129164167182206252296284368379371
Expenses113104133137146162209267252320326319
Operating Profit172531303643432932485252
OPM %13%20%19%18%20%21%17%10%11%13%14%14%
Other Income000011001001
Interest221122816131199
Depreciation333333111717161717
Profit before tax12212725323823-43202727
Tax %34%34%35%29%25%26%39%-21%-16%27%26%
Net Profit8141818242814-34152020
EPS in Rs6.3711.3914.7615.1120.3123.9412.02-2.523.0112.0916.0416.35
Dividend Payout %22%13%10%9%7%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%13%9%-3%
Compounded Profit Growth10%-7%107%19%
Stock Price CAGR12%-16%-13%-35%
Return on Equity10%5%6%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111111111112121212
Reserves4753668197117145159171191213233
Borrowings36332525311011531741481159673
Other Liabilities181517221922427081839695
Total Liabilities112111120140158251351415412400418413
Fixed Assets35343535383634272259245235221
CWIP991014257119400000
Investments111111111122
Other Assets6766749094143121142152154180190
Total Assets112111120140158251351415412400418413
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1101210137484025303034
Cash from Investing Activity-4-3-3-7-17-70-98-522-0-6-1
Cash from Financing Activity3-7-9-43644912-26-30-24-33
Net Cash Flow01-0-0-01-0-00-101
Free Cash Flow-6782-4-41-77-1524272431
CFO/OP27%84%75%59%74%46%134%102%87%95%64%66%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days627379729164736863726574
Inventory Days11796113105134118144153168158154
Days Payable412224192878145146174146125
Cash Conversion Cycle1371477916117717011367706677103
Working Capital Days465088909014431-19-25-27-1119
ROCE %18%14%22%26%21%18%15%10%4%5%10%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters29.42%29.42%29.42%29.42%29.42%29.42%29.47%29.47%29.42%29.42%29.42%29.42%
FIIs0.05%0.00%0.07%0.15%0.01%0.26%0.35%0.51%0.04%0.15%0.08%0.04%
DIIs0.08%0.00%0.00%0.00%0.25%0.28%0.28%0.18%0.87%0.80%0.31%0.31%
Public70.46%70.57%70.51%70.44%70.32%70.05%69.90%69.84%69.67%69.63%70.19%70.24%
No. of Shareholders16,04316,55015,53515,04114,11913,02812,91112,54212,99912,68312,45212,313

Fundamentals

Market Cap₹ 277 Cr.
Current Price₹ 223
Stock P/E13.6
Book Value₹ 197
ROCE11.3 %
ROE8.53 %
Dividend Yield0.67 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-3%
Compounded Profit Growth (TTM)19%
Consolidated figures.
Valuation
Market capRs 279 Cr
Enterprise valueRs 351 Cr
P/E (TTM)13.74x
Price to book1.14x
Price to sales0.75x
EV / EBITDA6.68x
EV / EBIT9.79x
EV / sales0.95x
Price to cash flow8.10x
Earnings yield7.28%
P/E, 3-year average40.08x
P/B, 3-year average1.32x
P/E, 5-year average41.51x
P/B, 5-year average1.86x
Profitability
Operating margin (excl. other income)13.85%
Operating margin (incl. other income)13.90%
EBITDA margin14.15%
Pre-tax margin7.34%
Net profit margin5.48%
Net margin, latest quarter6.00%
ROE8.47%
ROCE11.27%
ROA4.80%
ROE, 3-year average5.79%
ROCE, 3-year average8.73%
ROA, 3-year average3.12%
ROE, 5-year average4.89%
ROCE, 5-year average7.91%
ROA, 5-year average2.48%
ROIC (approx.)8.42%
Tax rate25.54%
Other income / net worth0.09%
Growth
Sales growth (latest year)3.03%
Profit growth (latest year)32.76%
Sales CAGR, 3 years8.56%
Sales CAGR, 5 years12.99%
Profit CAGR, 5 years-6.89%
Sales growth QoQ-17.07%
Profit growth QoQ-14.64%
Sales growth YoY (latest quarter)-8.47%
Profit growth YoY (latest quarter)7.90%
Per share
EPS (TTM)Rs 16.35
EPS (latest year)Rs 16.04
EPS (latest quarter)Rs 4.18
EPS, 3-year averageRs 10.38
EPS, 5-year averageRs 8.25
Book value per shareRs 197.43
Sales per shareRs 298.21
Cash flow per shareRs 27.72
Free cash flow per shareRs 24.94
Efficiency
Asset turnover0.92x
Fixed asset turnover1.71x
Inventory turnover3.56x
Inventory days103 days
Debtor days74 days
Debtors turnover4.96x
Creditor days125 days
Cash conversion cycle103 days
Working capital days19 days
Leverage
Total debtRs 73 Cr
Cash and bankRs 1 Cr
Net debtRs 72 Cr
Debt to equity0.30x
Net debt / EBITDA1.36x
Interest coverage4.15x
Owners' fund to total sources59.45%
Debt to assets17.62%
Cash flow
Cash from Operating Activity (latest year)Rs 34 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -33 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 31 Cr
FCFE (approx.: FCF + change in debt)Rs 8 Cr
Cash from ops / profit, 5 years3.18x
Sales to cash flow10.99x
Statement figures
Net sales (TTM)Rs 371 Cr
Net sales (latest year)Rs 379 Cr
Sales (latest quarter)Rs 86 Cr
Operating profit excl. other income (latest year)Rs 52 Cr
Operating profit (latest quarter)Rs 12 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 52 Cr
PBDT (TTM)Rs 44 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 20 Cr
Net profit (latest year)Rs 20 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 9 Cr
Cost of goods sold (latest year)Rs 291 Cr
Total expenditure (latest year)Rs 326 Cr
Total income (latest year)Rs 379 Cr
Share capitalRs 12 Cr
ReservesRs 233 Cr
Shareholders' fundsRs 245 Cr
Total assetsRs 413 Cr
Net blockRs 221 Cr
InvestmentsRs 2 Cr
ReceivablesRs 76 Cr
InventoryRs 82 Cr
Other liabilitiesRs 95 Cr
Shares outstanding (crore)1.24
Ownership
Promoter holding29.42% (-0.05 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 13.7 is at the 37th percentile of its own 8.4-year range (median 17.7, low 7.3, high 151.1).
P/B 1.14 is at the 2th percentile (median 1.99).
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.
PeriodDYNPRONifty 50Difference
1 week-3.6%-2.8% -0.8 pts
1 month-2.4%-6.8% +4.4 pts
3 months-4.7%-7.6% +2.9 pts
6 months+16.5%+0.4% +16.1 pts
1 year-33.1%-9.9% -23.2 pts
2 years-43.2%-13.6% -29.6 pts
3 years-32.7%+14.2% -46.9 pts
5 years-65.1%+27.9% -93.0 pts

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
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 ₹86 Cr -8.5% vs Jun 2025. Net profit ₹5 Cr +7.9%.
Against our estimate for Jun 2026: sales -11.0%, profit +5.0% in line. Our estimate for Sep 2026: sales Rs 90 Cr, profit Rs 5 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Dividend - Rs 1.50 Per Share
2022-09-21Annual General Meeting
2022-05-12Rights 1:20 @ Premium Rs. 440/-
2020-12-16 Annual General Meeting
2020-02-26 Interim Dividend - Rs 1.50 Per Share
2019-09-19 Annual General Meeting/Dividend - Rs 1.50 Per Share
2018-09-12 Annual General Meeting/Dividend Rs 1.50 Per Share
2017-09-12 Annual General Meeting/Dividend - Rs 1.50 Per Share
DateTypeWhat it says
2026-09-30ResignationResignation of Director/KMP/SMP
2026-09-30ResignationResignation of Mr. Ankit Shah as Chief Financial Officer of the company w.e.f. October 01, 2026.
2026-09-30Shareholder meetingVoting results of Annual General Meeting held on September 28, 2024
2026-09-30Shareholder meetingScrutinizer Report
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 28, 2024
2026-09-08Record DateRecord date for the purpose of Dividend is 11-Sep-2026.
2026-08-13UpdatesIntimation of 36th AGM.
2026-08-13UpdatesDate of Payment of Dividend.
2026-08-13UpdatesRecord Date for Dividend.
2026-08-13General UpdatesGeneral Updates
2026-08-13Board meeting outcomeDynemic Products Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-06UpdatesUpdates.
2026-05-29UpdatesRecommendation of Final Dividend.
2026-05-29Board meeting outcomeDynemic Products Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-09Disclosure under SEBI TakeovDynemic Products Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subs...
2026-02-27Updates.
2026-02-16UpdatesInvestor Presentation.
2026-02-13UpdatesComments of Board .
2026-02-13Board meeting outcomeDynemic Products Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-11-21UpdatesInvestor Presentation.
2025-11-21General UpdatesGeneral Updates
2025-11-20Board meeting outcomeDynemic Products Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-11-17General UpdatesGeneral Updates
2025-11-17Disclosure of material issueDynemic Products Limited has informed regarding Disclosure of material issue
2025-11-13Board meeting CancelledBoard Meeting cancelled due to Ongoing Search operations by Income Tax department
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.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Dynemic Products Ltd?

Dynemic Products Ltd (DYNPRO) has a market capitalisation of Rs 277 Cr. at the 2026-10-01 close.

What is the P/E ratio of Dynemic Products Ltd?

Dynemic Products Ltd trades at a P/E of 13.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Dynemic Products Ltd's latest quarterly results?

In the Jun 2026 quarter, Dynemic Products Ltd sales was Rs 86 Cr (-8.5% vs Jun 2025) and net profit was Rs 5 Cr.

What is the 52-week high and low of Dynemic Products Ltd?

The 52-week high is Rs 367.00 and the 52-week low is Rs 190.80.

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