Dynamic Cables Limited

Dynamic Cables Limited (DYCL) is a micro-cap Capital Goods company valued at ₹1,983 crore operating in Cables - Electricals on the NSE and BSE.

Recent price move

Dynamic Cables Limited last traded at ₹409, modestly down 0.49% on the day.

Recent developments

2026-07-21: Dynamic Cables is enhancing its long-term growth prospects through capacity expansion, entry into the US market, and the launch of e-beam technology, with a stronger focus on solar applications. 2026-09-17: The company is tracking trends ahead of its results, indicating ongoing strategic focus.

Financial performance

The company's business is improving, with annual revenue rising 16.9% and net profit growing 29.9%. The latest quarter saw revenue and net profit both increase by 33.2% and 38.6% respectively compared to the same quarter a year earlier. Net profit margin improved by 0.7 percentage points to 7.0%, while return on equity remained at 18.5%.

Valuation multiples

The stock trades at 23.5 times earnings, 4.82 times book value. It yields 0.1%.

Things to watch

The stock is 23.6% below its 52-week high, and foreign institutional holdings fell by 0.23 percentage points in the quarter. Domestic institutional holdings also declined by 0.29 percentage points. The company's market cap is ₹2,082 crore, which is relatively small compared to industry peers.

Where it stands

Dynamic Cables Limited has shown strong revenue and profit growth over the past year and quarter, with net profit margins improving. The company is expanding capacity and entering new markets, but its stock price is significantly below its 52-week high. The most recent figure is the latest quarter net profit of ₹25 crore.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.