Dynamic Cables Ltd
Dynamic Cables Ltd. is a manufacturer of power infra cables that includes LT, HT, EHVC, Power control & instrumentation cables, flexible & industrial cables, solar cables and railway signaling cables. It supplies cables to Government Discom, Private Distribution companies, Private EPC contractors, industrial and Export clients. Co. has 3 manufacturing plants situated at Jaipur and Reengus. Business operations are managed through a corporate office in Jaipur and 5 regional sales offices across India. [1]
- Market Cap ₹ 1,301 Cr.
- Current Price ₹ 591
- High / Low ₹ 680 / 337
- Stock P/E 34.4
- Book Value ₹ 97.2
- Dividend Yield 0.08 %
- ROCE 24.1 %
- ROE 19.3 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding has decreased over last quarter: -6.30%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cables Industry: Cables - Power
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
140 | 119 | 260 | 268 | 300 | 357 | 527 | 429 | 343 | 564 | 669 | 768 | |
132 | 110 | 251 | 247 | 281 | 337 | 478 | 384 | 317 | 504 | 606 | 691 | |
Operating Profit | 7 | 10 | 9 | 21 | 19 | 20 | 48 | 45 | 26 | 60 | 62 | 77 |
OPM % | 5% | 8% | 4% | 8% | 6% | 5% | 9% | 11% | 7% | 11% | 9% | 10% |
0 | 0 | 2 | 2 | 5 | 3 | 6 | 3 | 8 | 3 | 4 | 3 | |
Interest | 5 | 7 | 5 | 10 | 9 | 9 | 13 | 15 | 12 | 13 | 16 | 21 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 8 | 9 | 8 | 8 | 8 | 9 |
Profit before tax | 0 | 0 | 4 | 10 | 12 | 11 | 33 | 24 | 13 | 42 | 42 | 51 |
Tax % | 0% | 0% | 30% | 32% | 35% | 35% | 35% | 24% | 26% | 26% | 26% | 26% |
0 | 0 | 3 | 7 | 8 | 7 | 21 | 18 | 10 | 31 | 31 | 38 | |
EPS in Rs | 0.40 | 0.38 | 2.54 | 6.80 | 7.42 | 3.38 | 9.64 | 8.28 | 4.47 | 14.04 | 14.09 | 17.16 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% | 3% | 3% | 6% | 4% | 4% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 31% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 57% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 76% |
3 Years: | 131% |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 20% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 9 | 10 | 10 | 11 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 5 | 6 | 10 | 17 | 31 | 49 | 70 | 86 | 95 | 126 | 155 | 192 |
34 | 37 | 49 | 92 | 86 | 131 | 133 | 122 | 118 | 77 | 82 | 119 | |
38 | 26 | 64 | 42 | 48 | 36 | 68 | 69 | 62 | 125 | 144 | 165 | |
Total Liabilities | 86 | 78 | 133 | 161 | 176 | 238 | 292 | 299 | 297 | 350 | 403 | 499 |
20 | 19 | 18 | 19 | 18 | 56 | 58 | 56 | 55 | 53 | 56 | 63 | |
CWIP | 0 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 3 | 7 |
Investments | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
65 | 58 | 115 | 142 | 148 | 182 | 234 | 243 | 242 | 297 | 345 | 428 | |
Total Assets | 86 | 78 | 133 | 161 | 176 | 238 | 292 | 299 | 297 | 350 | 403 | 499 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 5 | 10 | -39 | 22 | -23 | 18 | 40 | 17 | 64 | 27 | 1 | |
-1 | -1 | -1 | -3 | -14 | -31 | -9 | -8 | -6 | -9 | -16 | -16 | |
-9 | -4 | 2 | 33 | -6 | 52 | -9 | -32 | -11 | -55 | -12 | 15 | |
Net Cash Flow | -0 | 0 | 11 | -9 | 2 | -2 | 0 | -0 | 0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 108 | 109 | 86 | 99 | 102 | 100 | 107 | 128 | 136 | 103 | 113 | 121 |
Inventory Days | 43 | 77 | 52 | 57 | 43 | 58 | 110 | 75 | 58 | 74 | ||
Days Payable | 92 | 61 | 56 | 33 | 49 | 68 | 67 | 96 | 88 | 89 | ||
Cash Conversion Cycle | 108 | 109 | 36 | 115 | 99 | 124 | 101 | 117 | 179 | 82 | 83 | 106 |
Working Capital Days | 58 | 83 | 42 | 118 | 101 | 129 | 102 | 125 | 168 | 93 | 92 | 111 |
ROCE % | 15% | 22% | 17% | 13% | 21% | 17% | 11% | 24% | 24% |
Documents
Announcements
- Closure of Trading Window 29 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Jun
- Revised Outcome Of Board Meeting-Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 ('Listing Regulations') 21 Jun
- Outcome Of Board Meeting-Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 ('Listing Regulations') 21 Jun
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 18 Jun
History
The business started in 1986 as a manufacturer of super enameled & DPC wires for transformers. In 1995, it started manufacturing overhead conductors. In 2007, it was incorporated as Dynamic Cables Pvt. Ltd. In 2017 the co came with its IPO and subsequently got converted into a public limited co as “Dynamic Cables Ltd”. [1] [2]