| Management target | Revenue 20.0% Long-term |
|---|
| Revenue growth | 33% YoY growth driven largely by higher commodity prices. |
|---|---|
| Margins | EBITDA margin improved to 10.9% through better product mix. |
| Order book | 811 Crore order book; execution remains steady despite slower bookings. |
| Demand visibility | Strong visibility in power transmission and renewables; exports gaining traction. |
| Management confidence | Balanced; optimistic on exports but cautious regarding short-term order volatility. |
Growth
Revenue surged 33% YoY, though volume growth was a modest 5-6% as commodity prices inflated realizations.
Outlook
New 45Cr capex plant commissioning in September 2026; targeting 18-20% long-term revenue growth.
Risks
High working capital intensity and rising debt due to expensive inventory; order booking slowed as customers resist high prices.
Last quarter's promises, checked
Delivered
- Guided 10.5-11% Op Margin → delivered 10.9% (= BEAT)
- Guided 18-20% LT growth → delivered 33% revenue (= BEAT)
- Guided HV cable focus → delivered 68% mix (= BEAT)
Partly delivered
- Guided 18% volume growth → delivered 5-6% (= PARTIAL)
Missed
- Guided Sept '26 plant start → delivered delayed implementation (= MISS)
Earnings Call filed with BSE, NSE: DYCL. Summary written with AI assistance from the document.
Dynamic Cables Ltd: key numbers
- Share price
- ₹441.00
- Market cap
- ₹2,137 Cr
- Revenue (annual)
- ₹1,198 Cr
- Net profit (annual)
- ₹84.44 Cr
- P/E (TTM)
- 23.4×Sector 45.6×
- Promoter holding
- 68.18%+0.00% QoQ
- FII holding
- 0.67%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Dynamic Cables Ltd
All →Dynamic Cables Management Change
Dynamic Cables Limited announced the resignation of Ms. Aditi Mangal, Head of Human Resource & Corporate Communication and Senior Management Personnel, effective September 23, 2026.
Dynamic Cables Management Change
Dynamic Cables' DGM (Quality) Mr. Awadh Kumar Ojha resigned, effective 10 September 2026. The Company has accepted his resignation for personal reasons.
Dynamic Cables Price Movement Clarification
Dynamic Cables Limited clarified that recent significant price movements are purely market-driven. The company confirmed it has no undisclosed material information impacting security prices.
Dynamic Cables Legal & Regulatory
Dynamic Cables Limited received a favorable order from the GST Commissioner (Appeals), dropping a tax demand of Rs. 3.28 lakh. This order concludes the pending appeal.
- Value
- ₹0.03 Cr
Dynamic Cables Earnings Call Transcript: Key Takeaways
Dynamic Cables reported record Q1 FY27 results with revenue up 33% and PAT up 37%. Strategy focuses on high-margin HV cables, US market entry, and upcoming capacity expansion.
- Call
- Guides 20% growth
Dynamic Cables Other Announcement
Dynamic Cables Ltd has filed its quarterly shareholding pattern statement for the period ended June 30, 2026, in compliance with regulatory disclosure requirements.