Dynamic Cables Limited has informed the Exchange about Transcript
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Dynamic Cables reported a milestone FY25, crossing Rs. 1,000 crore in annual revenue for the first time, with revenue up 34% year-on-year. Operating profit rose 36% to Rs. 105 crore at a 10.3% margin, while profit after tax jumped 72% to Rs. 65 crore. The order book stands at a record Rs. 726 crore (70% power utilities, ~15% renewable), providing strong revenue visibility. Credit rating was upgraded from CRISIL A- to CRISIL A, and the company generated Rs. 56 crore in operating cash with reduced debt levels. A Rs. 35 crore Greenfield expansion, adding Rs. 200-250 crore of revenue potential, is expected to be operational by H2 FY26. Management indicated 20% revenue CAGR is their historical track record and expects margins to remain steady in the 10-10.5% range.
Strong execution with record revenue, profitability, and order book signals robust demand momentum, likely to support positive investor sentiment. Credit rating upgrade and debt reduction strengthen the balance sheet, while capacity expansion provides a clear growth runway, though margin expansion appears limited.