Dynamic Cables Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 30, 2025
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Dynamic Cables Limited has informed the exchanges that its 18th Annual General Meeting will be held on Monday, June 30, 2025, at 2:00 PM via video conferencing. Along with the AGM notice, the company submitted its Annual Report for FY 2024-25, which will be sent electronically to shareholders. For FY25, the company reported a strong financial performance with revenue growing 34% year-on-year to ₹1,025 crore (crossing the ₹1,000 crore mark for the first time), operating profit up 36% to ₹105 crore, and net profit rising 72% to ₹65 crore at an EBITDA margin of 10.3%. The order book stood at ₹726 crore, providing strong visibility, and the company received a credit rating upgrade to CRISIL-A. The company also announced capacity expansion plans, including a new greenfield facility expected by H2 FY26, targeting entry into the US and Australian markets.
This is a routine AGM notice with strong FY25 results, indicating healthy business momentum and growth visibility. Shareholders should review the annual report and attend the AGM, as the strong financial performance and expansion plans could be positive for long-term stock sentiment.