DYCLNSEDynamic Cables LimitedMediumNeutral
Announced Fri, 15 May · 14:02 IST

Dynamic Cables Limited has informed the Exchange about Corporate Presentation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

DYCL · price

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Price reaction · full curve 14 horizons · vs prior close
-10.7%1-day move
₹322.45
prior close
₹313.70
base price
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AI summary

Dynamic Cables Limited released its FY26 corporate presentation covering strong financial performance. Revenue grew to ₹1,198 Crs (FY25: ₹1,025 Crs), with operating profit at ₹130 Crs and PAT at ₹84 Crs. Operating margin improved to 10.8% (from 10.3%) and PAT margin to ~7%. The company achieved 25% core product growth, 100% growth in the renewable segment contributing ~19% of revenue, and maintained strong credit ratings (CRISIL A/Stable). The order book stands at ₹808 Crs, providing healthy execution visibility. Key strategic moves include a greenfield expansion (~₹45 Crs capex) with a new integrated plant supported by E-Beam technology, targeted to commence production by September 2027. The company also secured PGCIL approval for ACSR & AL-59 conductors and entered a technical partnership with TS Conductor Corp, USA, to manufacture HTLS carbon core conductors.

Likely market impact

The company demonstrates improving profitability metrics and a healthy order book, signaling strong execution capability. The debt/equity ratio improved sharply to 0.09x, indicating a robust balance sheet. The greenfield expansion and new product launches (FR-LSH housing wires, HTLS conductors) position the company for sustained revenue and margin growth.