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Earnings Call

Dynamic Cables Earnings Call: Key Takeaways

Dynamic Cables reported record FY26 revenue and profit with 10.8% operating margins. Strategy shifts focus to high-value power cables, discontinuing low-margin railway signaling and conductors.

Why this was an Alfa AlertNot a filter event. Results and 18-20% growth guidance are in line with historical performance.
Highlights
Revenue growth17% YoY for FY26.
MarginsOperating margin improved to 10.8%; guided 10.5-11% range.
Order book₹808cr; 11% growth YoY.
Demand visibilityStrong; order book at ₹808cr as of March 31, 2026.
Management confidenceHigh for long-term T&D ecosystem opportunities.

Growth

FY26 revenue grew 17% YoY; PAT rose 30% to ₹84cr. Q4 core product growth was 20%.

Outlook

Long-term revenue growth guidance of 18-20% maintained. New capacity expected to go live by September 2026.

Risks

Delays in greenfield capex due to regulatory approvals and Iran war-related logistics disruptions; raw material price volatility.

Source

Earnings Call filed with BSE, NSE: DYCL. Summary written with AI assistance from the document.

Read the document ↗

Dynamic Cables Ltd: key numbers

Share price
₹456.95
Market cap
₹2,214 Cr
Revenue (annual)
₹1,198 Cr
Net profit (annual)
₹84.44 Cr
P/E (TTM)
24.3×Sector 45.9×
Promoter holding
68.18%+0.00% QoQ
FII holding
0.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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