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Dynamic Cables Limited Earnings Release 2026
61784_rns_2026-05-12_e049abe3-6ee7-4417-a5e0-be30f01cc35f.pdf
Earnings Release
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QG
Date: 12.05.2026
To,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400001
Scrip Code: BSE-540795
National Stock Exchange of India Ltd
Exchange Plaza, 5th Floor, Plot No. C/1
G-Block, Bandra-Kurla Complex,
Bandra(East) Mumbai-4000501
Trading Symbol: DYCL
Sub: Press Release under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/ Madam,
With reference to the captioned subject, please find enclosed press release on the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2026.
Kindly take on record the same and oblige us.
Thanking you,
Yours faithfully,
For Dynamic Cables Limited
Naina
Gupta
Naina Gupta
Company Secretary and Compliance Officer
M. No. A56881
Encl.: as above
Dynamic Cables Limited
CIN: L31300RJ2007PLC024139
Regd. Office & Unit-1: F-260, Road No.13, VKI Area, Jaipur-302013 (INDIA)
Ph: +91 141 2262589, 4042005 | Email:[email protected] | Website:www.dynamiccables.co.in
Dynamic Cables Limited
Focus on Profitable & Sustainable Growth
- Core product growth of 25%
- Highest ever order book of Rs 808 Crs
- PAT margins @ 7.0% v/s 6.3%
May 12th, 2026, Jaipur: Dynamic Cables Limited (DCL), today announced its result for Q4 and FY26.
Financial Performance Snapshot (YoY)
Full year ended March 31, 2026
Quarter ended March 31, 2026
Financial Performance:
(Rs. Crs)
| Particulars | Q4FY26 | Q4FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Operating Revenue | 355.5 | 331.2 | 1197.8 | 1025.4 |
| Operating Profits | 37.6 | 34.2 | 129.6 | 105.4 |
| Operating Margins % | 10.6% | 10.3% | 10.8% | 10.3% |
| Finance Cost | 3.0 | 2.0 | 11.5 | 15.3 |
| Depreciation | 3.2 | 2.9 | 11.8 | 10.9 |
| Other Income | 1.0 | 1.4 | 6.8 | 6.5 |
| PBT | 32.3 | 30.7 | 113.1 | 85.7 |
| Income Tax | 8.1 | 7.1 | 28.6 | 20.9 |
| PAT | 24.2 | 23.6 | 84.4 | 64.8 |
| EPS | 5.0 | 4.9 | 17.4 | 13.7 |
Sharing insights on the results, Mr. Ashish Mangal, Managing Director of Dynamic Cables Limited commented: "I am pleased to share that the Company delivered a steady operational and financial performance during the quarter and the full financial year despite a volatile macroeconomic environment. During the last financial year, we focused on our core high value add products which resulted in higher profitability during the year. Also, there was a marked reduction in financial cost resulting from continued financial discipline and lower interest/charges driven by credit rating enhancement. We continued to witness healthy order inflows. During the year, we also strengthened our positioning through enhanced product capabilities, customer approvals, and continued focus on quality and execution standards.
Dynamic Cables Limited
On the capacity expansion front, project implementation has picked up pace following receipt of key statutory approvals. While the project implementation witnessed delays due to approval-related timelines and disruption in imported machinery deliveries arising from the ongoing Iran war-related logistics situation, the new capacities will be available ahead of the seasonally stronger second half of FY27.
With a healthy order book and strong execution capabilities, we remain confident of sustaining steady growth and capitalizing on long-term opportunities in the power T&D capex."
Key Highlights:
- Core product (LV & HV power cables, renewable cables and other niche products) delivered growth of 25% for FY26 and ~20% in Q4FY26
- Healthy Cash flow from Operations of ₹ 62 Crs
- Order book stands at ~ Rs 808 Crs as on 31st Mar 2026 V/s Rs 787 Crs on 31st Dec 2025
- Receivable days (calculated on trailing six-month gross sales) was ~ 68 days in Q4FY26.
- Key business developments
- Launched FR-LSH and HR-FRLSH housing wires for B2B segment
- PGCIL approval for ACSR & AL-59 conductors
- Technical partnership with TS Conductor Corp, USA, to manufacture and market HTLS carbon core conductors (TS® Conductor)
Borrowing status:
| Particulars (Rs. In Crs) | 31st Mar 2025 | 31st Dec 2025 | 30th Sep 2025 |
|---|---|---|---|
| Term Loans from Banks/FIs | 2.6 | 2.7 | 2.3 |
| Other Loans | 2.2 | 1.6 | 2.6 |
| Working Capital Loans | 35.6 | 62.3 | 70.3 |
| Total On-balance sheet Debt | 40.4 | 66.6 | 75.2 |
| LC Creditors (Off- balance sheet) | 76.6 | 33.6 | 24.9 |
| Total Borrowing | 117.0 | 100.3 | 100.1 |
| Cash & equivalents | 58.8 | 79.7 | 82.8 |
| Net Debt | 58.2 | 20.6 | 17.3 |
About Dynamic Cables Ltd.:
Dynamic Cables Ltd. is manufacturer of power infra cables that includes LV, HV, MV, Power control & instrumentation cables, and signaling cables. It supplies cables to Government Discoms, Private Distribution companies, Private EPC contractors, industrial and Export clients. Company has 4 manufacturing plants are situated at Jaipur and Reengus. Business operations are managed through corporate office in Jaipur and 5 regional sales offices across India.
Disclaimer:
Certain statements in this press release may be forward-looking statements and/or based on management's current expectations and beliefs concerning future developments and their potential effects upon Dynamic Cables. The forward-looking statements are not a guarantee of future performance and involve risks and uncertainties and there are important factors that could cause actual results to differ, possibly materially, from expectations reflected in such forward-looking statements. Dynamic Cables does not intend, and is under no obligation, to update any forward-looking statement contained in this press release.