Dynamic Cables Limited has informed the Exchange regarding a press release dated May 12, 2026, titled "Focus on Profitable & Sustainable Growth ".
DYCL · price
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Dynamic Cables Limited reported strong FY26 results with operating revenue of ₹1,198 Crs, up 17% from ₹1,025 Crs in FY25. PAT grew 30% to ₹84.4 Crs versus ₹64.8 Crs, with PAT margins improving to 7.0% from 6.3%. Operating margins expanded to 10.8% from 10.3%. The company achieved 25% growth in core products (LV & HV power cables, renewable cables) and secured its highest ever order book of ₹808 Crs. Finance costs reduced significantly to ₹11.5 Crs from ₹15.3 Crs due to credit rating enhancement. The company launched new housing wire products, received PGCIL approval for conductors, and entered a technical partnership with TS Conductor Corp, USA for HTLS carbon core conductors. Net debt improved to ₹17.3 Crs from ₹58.2 Crs. New capacity expansion remains on track for H2 FY27 despite some delays from approval timelines and Iran war-related logistics issues.
Strong earnings growth with margin expansion and record order book signal solid execution. The 30% PAT growth and improved cash generation are positive for shareholders. Capacity expansion ahead of seasonally stronger H2 FY27 should support continued growth momentum.