Dynamic Cables
Dynamic Cables Share Price Chart
Dynamic Cables last traded at ₹422.80 (2026-10-13). Over the past month the stock moved -7.1%, three months the stock moved +30.3%, year the stock moved -1.1%. Its closing range over 52 weeks is ₹252.05 – ₹542.40, with the latest close 22.1% below the high.
Closing prices up to 2026-10-13.
About Dynamic Cables
Established in 1986 , Dynamic Cables Ltd. manufactures a wide range of conductors and cables.[1]
Business Overview[1][2] Established as a partnership firm by the Mangal family, later converted to a private entity, the Company manufactures a comprehensive range of power cables and conductors. Its product portfolio includes LV, MV, HV and EHV power cables, control and instrumentation cables, solar cables, railway signalling cables, building wires, aerial bunched cables, and aluminium conductors, serving both domestic and international markets.
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Dynamic Cables reported sales of ₹349.00 crore (+33.2%) and net profit of ₹25.00 crore (+38.9%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 349.00 | 38.00 | 11.00 | 25.00 | 5.15 |
| Mar 2026 | 355.00 | 38.00 | 11.00 | 24.00 | 4.99 |
| Dec 2025 | 299.00 | 34.00 | 11.00 | 22.00 | 4.63 |
| Sep 2025 | 282.00 | 31.00 | 11.00 | 20.00 | 4.05 |
| Jun 2025 | 262.00 | 27.00 | 10.00 | 18.00 | 3.75 |
| Mar 2025 | 331.00 | 34.00 | 10.00 | 24.00 | 4.86 |
| Dec 2024 | 252.00 | 26.00 | 10.00 | 16.00 | 3.26 |
| Sep 2024 | 234.00 | 24.00 | 10.00 | 14.00 | 2.86 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +51.9% | +31.3% | +37.3% | +25.4% | +20.5% | +18.7% | +7.3% | +33.2% |
| Operating profit growth | +84.6% | +44.4% | +36.0% | +22.7% | +29.2% | +30.8% | +11.8% | +40.7% |
| Net profit growth | +180.0% | +100.0% | +71.4% | +50.0% | +42.9% | +37.5% | +0.0% | +38.9% |
| EPS growth | +146.6% | +90.6% | +55.3% | +56.9% | +41.6% | +42.0% | +2.7% | +37.3% |
| OPM % | 10.0% | 10.0% | 10.0% | 10.0% | 11.0% | 11.0% | 11.0% | 11.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Dynamic Cables reported sales of ₹1,198.00 crore (+16.9%) and net profit of ₹84.00 crore (+29.2%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 1,198 | 130.00 | 11.00 | 84.00 | 17.43 |
| Mar 2025 | 1,025 | 105.00 | 10.00 | 65.00 | 13.36 |
| Mar 2024 | 768.00 | 77.00 | 10.00 | 38.00 | 8.58 |
| Mar 2023 | 669.00 | 63.00 | 9.00 | 31.00 | 7.05 |
| Mar 2022 | 564.00 | 60.00 | 11.00 | 31.00 | 7.02 |
| Mar 2021 | 343.00 | 26.00 | 7.00 | 10.00 | 2.24 |
| Mar 2020 | 429.00 | 45.00 | 11.00 | 18.00 | 4.14 |
| Mar 2019 | 527.00 | 48.00 | 9.00 | 21.00 | 4.82 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +47.6% | -18.6% | -20.0% | +64.4% | +18.6% | +14.8% | +33.5% | +16.9% |
| Operating profit growth | +140.0% | -6.3% | -42.2% | +130.8% | +5.0% | +22.2% | +36.4% | +23.8% |
| Net profit growth | +200.0% | -14.3% | -44.4% | +210.0% | +0.0% | +22.6% | +71.1% | +29.2% |
| EPS growth | +185.2% | -14.1% | -45.9% | +213.4% | +0.4% | +21.7% | +55.7% | +30.5% |
| OPM % | 9.0% | 11.0% | 7.0% | 11.0% | 9.0% | 10.0% | 10.0% | 11.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
Dynamic Cables is trading at ₹300.9, down 14.2% over 1 month but up 24.5% YoY, positioned 27% above its 52-week low and 43% below its 52-week high. Fundamentals remain solid with ROE of 18.4%, ROCE of 27%, and consistent 11% OPM across recent quarters, though EPS of ₹17.42 and P/E of 17.1x (0.36x industry) suggest valuation is compressed relative to peers. Technical setup is mixed—RSI at 45 (neutral zone) and bearish trend conflict with strong balance sheet improvement (D/E fell from 0.56 to 0.09) and robust cash generation (OCF ₹62 Cr), creating a hold signal pending clarity on near-term momentum.
- Excellent capital efficiency: ROCE of 27% (Mar 2026) and ROE of 18.4% demonstrate high-quality earnings generation and effective use of capital in a mid-cap frame.
- Fortress balance sheet: D/E improved dramatically from 0.56 (Mar 2024) to 0.09 (Mar 2026); borrowings halved to ₹43 Cr while equity strengthened, providing financial flexibility and low refinancing risk.
- Strong cash generation and valuation disconnect: OCF of ₹62 Cr (exceeding net profit of ₹24 Cr in Q4), TTM EPS ₹17.29, but P/E of 17.1x is only 0.36x industry median, suggesting significant re-rating upside if cable sector gains institutional attention.
- Weak near-term technical setup and low institutional ownership: Bearish trend, RSI 45 (neutral), sector rank 22.2 percentile, and delivery only 31% indicate thin conviction and speculative trading; FII holding <1% limits institutional research coverage and buy pressure.
- Valuation multiple compression risk and cyclical sector exposure: Cables sector is cyclical, tied to infrastructure spending and power distribution capex; if capex cycles soften or sector multiples contract further, stock could trade toward ₹265–285 support despite strong fundamentals.
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
See Full AI Analysis — Free FREE →Latest News
-
Dynamic Cables standalone net profit rises 37.01% in the June 2026 quarter - Business Standard
-
Dynamic Cables Limited Re-appoints Internal Auditor and Cost Auditor for FY 2026-27 - scanx.trade
-
Q4 Results: Dynamic Cables Posts 17% Growth; Shares Down 18.89%
-
Q4 Results: Dynamic Cables Posts 17% Growth; Shares Down 18.89%
-
Q4 Results: Dynamic Cables Posts 17% Growth; Shares Down 18.89%
-
Dynamic Cables Limited Schedules Board Meeting for FY26 Results and Dividend Consideration - scanx.trade
-
Dynamic Cables Signs Manufacturing Pact With US Company; Shares Rise 6.52%
-
Dynamic Cables Signs Manufacturing Pact With US Company; Shares Rise 6.52%
-
Dynamic Cables Signs Manufacturing Pact With US Company; Shares Rise 6.52%
Frequently Asked Questions
What is the share price of Dynamic Cables today?
Dynamic Cables shares were last quoted at ₹422.80 (+0.5% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Dynamic Cables?
Dynamic Cables has a price-to-earnings (P/E) ratio of 24.22 and a price-to-book (P/B) ratio of 4.58. The industry P/E is 47.51.
What is the 52-week high and low of Dynamic Cables?
The 52-week high of Dynamic Cables is ₹560.40 and the 52-week low is ₹240.00.
What is the market cap of Dynamic Cables?
The market capitalisation of Dynamic Cables is about ₹2,209.23 crore.
How did Dynamic Cables perform in its latest quarterly results?
In the latest quarter (Jun 2026), Dynamic Cables reported sales of ₹349.00 crore (+33.2%) and net profit of ₹25.00 crore (+38.9%), compared with the same quarter last year.
Is Dynamic Cables a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Dynamic Cables has a 3-year ROE of 20.00%, 3-year profit growth of 39.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Dynamic Cables?
Promoters hold about 68.18% of Dynamic Cables.
Which sector does Dynamic Cables belong to?
Dynamic Cables belongs to the Cables sector.