Dynamic Cables Ltd. (IN:DYCL)
:DYCL
Want to see IN:DYCL full AI Analyst Report?
Top Page
Dynamic Cables Ltd.
(DYCL)
Select Model
Select Model
Rating:66Neutral
Price Target:
₹310.00
▼(-6.67% Downside)
Action:Reiterated
Date:05/19/26
The score is driven primarily by strong financial performance (improving profitability and much lower leverage), supported by reasonable valuation and a high dividend yield. This is meaningfully offset by weak technical conditions (price below key moving averages with weak momentum/oversold readings) and mixed cash-flow quality in the most recent year.
Positive Factors
Balance-sheet strength
A material decline in debt-to-equity to ~0.09 meaningfully reduces financial risk and interest burden, increasing flexibility to fund projects, bid on large infrastructure contracts, and sustain distributions. This durable capital-structure improvement supports resilience through industry cycles and strategic allocation choices.
Negative Factors
Weak cash conversion
OCF covering only a quarter of reported net income and a slight negative free cash flow indicate weak cash conversion. Persistently low cash generation undermines the durability of dividends and capex self-funding, raises reliance on working-capital financing, and increases execution and liquidity risk despite low reported leverage.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet strength
A material decline in debt-to-equity to ~0.09 meaningfully reduces financial risk and interest burden, increasing flexibility to fund projects, bid on large infrastructure contracts, and sustain distributions. This durable capital-structure improvement supports resilience through industry cycles and strategic allocation choices.
Read all positive factors
Dynamic Cables Ltd. (DYCL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹14.76B
Dividend Yield0.07%
Average Volume (3M)11.46K
Price to Earnings (P/E)13.8
Beta (1Y)1.83
Revenue Growth16.82%
EPS Growth28.25%
CountryIN
Employees840
SectorServices
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)14.74
Shares Outstanding48,458,637
10 Day Avg. Volume5,591
30 Day Avg. Volume11,457
Financial Highlights & Ratios
PEG Ratio0.50
Price to Book (P/B)2.55
Price to Sales (P/S)0.97
P/FCF Ratio-382.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Dynamic Cables Ltd. Business Overview & Revenue Model
Company Description
Dynamic Cables Limited engages in manufacture and supply of cables and conductors for private and government clients in India and internationally. The company offers aluminum alloy, aluminum conductor steel reinforced, AA conductors, and bare copp...
How the Company Makes Money
Dynamic Cables Ltd. generates revenue by manufacturing and selling cables and conductors to various sectors including energy, infrastructure, and industrial projects. Its key revenue streams include contracts and orders from government utilities, ...
Dynamic Cables Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.79B | 11.98B | 10.25B | 7.68B | 6.69B | 5.64B |
| Gross Profit | 2.15B | 1.76B | 1.93B | 1.07B | 1.15B | 992.31M |
| EBITDA | 1.17B | 1.30B | 1.05B | 767.88M | 626.20M | 599.64M |
| Net Income | 714.28M | 844.37M | 648.21M | 377.71M | 310.13M | 309.00M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 6.83B | 5.89B | 4.99B | 4.03B | 3.50B |
| Cash, Cash Equivalents and Short-Term Investments | 443.10M | 588.34M | 760.36M | 12.58M | 1.25M | 798.00K |
| Total Debt | 0.00 | 430.92M | 588.67M | 1.19B | 823.83M | 767.68M |
| Total Liabilities | -3.74B | 2.25B | 2.15B | 2.85B | 2.26B | 2.02B |
| Stockholders Equity | 3.74B | 4.57B | 3.74B | 2.14B | 1.77B | 1.48B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -30.54M | 316.99M | -199.02M | 139.87M | 578.49M |
| Operating Cash Flow | 0.00 | 543.55M | 563.20M | 12.64M | 274.37M | 639.84M |
| Investing Cash Flow | 0.00 | -355.70M | -757.30M | -164.38M | -158.80M | -92.04M |
| Financing Cash Flow | 0.00 | -187.79M | 193.29M | 152.77M | -115.12M | -547.88M |
Dynamic Cables Ltd. Technical Analysis
Negative
332.15
Price Trends
315.51
Negative
311.12
Negative
351.95
Negative
Market Momentum
-8.95
Positive
39.39
Neutral
15.92
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DYCL, the sentiment is Negative. The current price of 332.15 is below the 20-day moving average (MA) of 355.12, above the 50-day MA of 315.51, and below the 200-day MA of 351.95, indicating a bearish trend. The MACD of -8.95 indicates Positive momentum. The RSI at 39.39 is Neutral, neither overbought nor oversold. The STOCH value of 15.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DYCL.
Dynamic Cables Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹2.61B | 12.24 | ― | 0.52% | 24.27% | 25.68% | |
72 Outperform | ₹34.58B | 28.34 | ― | 0.45% | 23.41% | 78.43% | |
70 Outperform | ₹17.46B | 40.47 | ― | ― | 32.70% | -41.44% | |
66 Neutral | ₹14.76B | 13.83 | ― | 0.07% | 16.82% | 28.25% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% |
* Services Sector Average
IN:DYCL
Dynamic Cables Ltd.
299.00
-115.22
-27.82%
IN:CORDSCABLE
Cords Cable Industries Limited
196.50
-15.55
-7.33%
IN:PARACABLES
Paramount Communications Limited
59.44
5.29
9.77%
IN:UNIVCABLES
Universal Cables Limited
1,010.05
388.76
62.57%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.