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Earnings Call Transcript

Dynamic Cables Earnings Call Transcript: Key Takeaways

Dynamic Cables reported record Q1 FY27 results with revenue up 33% and PAT up 37%. Strategy focuses on high-margin HV cables, US market entry, and upcoming capacity expansion.

Guidance and delivery
Management target Revenue 20.0% Long-term
Highlights
Revenue growth33% YoY growth in Q1 FY27.
MarginsEBITDA margin improved to 10.9% due to better product mix.
Order bookINR811 crores as of June 30, 2026.
Demand visibilityStrong, backed by INR811 crore order book.
Management confidenceHigh, citing robust demand visibility and operational excellence.

Growth

Revenue grew 33% YoY; EBITDA increased 41% to INR38 crores; PAT rose 37% to INR25 crores.

Outlook

New plant commissioning in September 2026 with 6x-7x asset turnover potential. Long-term growth target maintained at 18-20%.

Risks

Volatile copper/aluminum prices and global instability leading to shortened order cycles and temporary order postponements.

Last quarter's promises, checked

Delivered

  • Guided 18-20% long-term revenue growth → delivered 33% (= BEAT)
  • Guided 10.5-11% operating margin → delivered 10.9% (= BEAT)
  • Guided solar cable share 20-23% → delivered 20% (= BEAT)

Partly delivered

  • Guided US market entry strategy → first shipments dispatched (= PARTIAL)

Missed

  • Guided new plant live by Sept 2026 → delayed from previous Q2 FY26 target (= MISS)
Source

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

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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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