Dynamic Cables Ltd. (IN:DYCL)
:DYCL
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Dynamic Cables Ltd.
(DYCL)
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Rating:69Neutral
Price Target:
₹330.00
▼(-0.65% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by strong financial performance (rapid revenue growth, expanding margins, improved balance sheet leverage, and positive free cash flow). This is partly offset by weak technicals, with the price below key moving averages and negative momentum indicators. Valuation is supportive but not a major positive given the very low dividend yield.
Positive Factors
Revenue Growth
Sustained 33.5% top-line growth signals durable demand expansion and stronger market penetration across segments. Such material revenue gains provide scale benefits, enhance bargaining power with suppliers, and create capacity to reinvest in production and distribution, supporting performance over multiple quarters.
Negative Factors
Sector Cyclicality
Heavy exposure to power, infrastructure and industrial project cycles makes revenues sensitive to government capex timing, utility tendering and macro investment cycles. This structural demand variability can produce lumpy orders and compress utilization or margins during slower funding periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained 33.5% top-line growth signals durable demand expansion and stronger market penetration across segments. Such material revenue gains provide scale benefits, enhance bargaining power with suppliers, and create capacity to reinvest in production and distribution, supporting performance over multiple quarters.
Read all positive factors
Dynamic Cables Ltd. (DYCL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹14.62B
Dividend Yield0.07%
Average Volume (3M)11.46K
Price to Earnings (P/E)18.1
Beta (1Y)1.75
Revenue Growth28.58%
EPS Growth54.67%
CountryIN
Employees840
SectorServices
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)4.63
Shares Outstanding48,458,637
10 Day Avg. Volume5,591
30 Day Avg. Volume11,457
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)1.81
Price to Sales (P/S)0.66
P/FCF Ratio21.29
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
85
Very Positive
Balance Sheet
72
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.79B | 10.25B | 7.68B | 6.69B | 5.64B | 3.42B |
| Gross Profit | 2.15B | 1.93B | 1.07B | 1.15B | 992.31M | 574.18M |
| EBITDA | 1.17B | 1.05B | 767.88M | 626.20M | 599.64M | 336.43M |
| Net Income | 714.28M | 648.21M | 377.71M | 310.13M | 309.00M | 98.45M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 5.89B | 4.99B | 4.03B | 3.50B | 2.97B |
| Cash, Cash Equivalents and Short-Term Investments | 443.10M | 760.36M | 12.58M | 1.25M | 798.00K | 880.00K |
| Total Debt | 0.00 | 588.67M | 1.19B | 823.83M | 767.68M | 1.18B |
| Total Liabilities | -3.74B | 2.15B | 2.85B | 2.26B | 2.02B | 1.80B |
| Stockholders Equity | 3.74B | 3.74B | 2.14B | 1.77B | 1.48B | 1.17B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 316.99M | -199.02M | 139.87M | 578.49M | 191.25M |
| Operating Cash Flow | 0.00 | 563.20M | 12.64M | 274.37M | 639.84M | 260.45M |
| Investing Cash Flow | 0.00 | -757.30M | -164.38M | -158.80M | -92.04M | -57.45M |
| Financing Cash Flow | 0.00 | 193.29M | 152.77M | -115.12M | -547.88M | -202.71M |
Dynamic Cables Ltd. Technical Analysis
Positive
332.15
Price Trends
285.57
Positive
309.17
Negative
367.75
Negative
Market Momentum
0.85
Negative
61.27
Neutral
74.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DYCL, the sentiment is Positive. The current price of 332.15 is above the 20-day moving average (MA) of 271.71, above the 50-day MA of 285.57, and below the 200-day MA of 367.75, indicating a neutral trend. The MACD of 0.85 indicates Negative momentum. The RSI at 61.27 is Neutral, neither overbought nor oversold. The STOCH value of 74.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹11.12B | 40.47 | ― | ― | 38.39% | -27.69% | |
69 Neutral | ₹14.62B | 18.05 | ― | 0.07% | 28.58% | 54.67% | |
64 Neutral | ₹26.71B | 28.34 | ― | 0.45% | 24.03% | 51.58% | |
61 Neutral | ₹2.10B | 12.24 | ― | 0.52% | 26.59% | 42.18% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% |
* Services Sector Average
IN:DYCL
Dynamic Cables Ltd.
301.65
10.98
3.78%
IN:CORDSCABLE
Cords Cable Industries Limited
162.70
-7.79
-4.57%
IN:PARACABLES
Paramount Communications Limited
36.43
-14.71
-28.76%
IN:UNIVCABLES
Universal Cables Limited
769.90
338.75
78.57%
Dynamic Cables Ltd. Corporate Events
Dynamic Cables Posts Strong Q3 and Nine-Month FY26 Growth, Order Book Climbs to ₹787 Crore
Jan 27, 2026
Dynamic Cables Limited reported strong unaudited financial results for the quarter and nine months ended December 31, 2025, posting a 21% year-on-year revenue increase to ₹842 crore and a 46% rise in profit after tax to ₹60 crore for t...
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.