Dynamic Cables Limited — Interim / Quarterly Report 2025

May 13, 2025

Digitally signed Naina by Naina Gupta Date: 2025.05.13 13:20:01 Gupta +05'30'

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Upward & Onward

 FY25 Sales growth of 34%

 Margins @ 10.3% vs 10.0% previous year

 Order Book of ~ Rs 726 Crs vs Rs. 521 Crs previous year

May 13[th] , 2025, Jaipur: Dynamic Cables Limited (DCL), today announced its result for Q4FY25 and full year ended March 31,2025.

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Q4 Financial Performance Snapshot (YoY)
Revenue Operating Profit Profit After Tax Operating Margin
10.3%
₹ 331 Crs ₹ 34 Crs ₹ 24 Crs 10.3%
v/s 10.6% v/s 10.6%
+37% +35% +71%
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FY25 Financial Performance Snapshot

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Revenue Operating Profit Profit After Tax Operating Margin
₹ 1025 Crs ₹ 105 Crs ₹ 65 Crs 10.3%
v/s 10.1%
+34% +36% +72 %
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Financial Performance: (Rs. Crs)

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Particulars Q4FY25 Q3FY25 Q4FY24 FY25 FY24
Operating Revenue 331.2 251.5 240.9 1025.4 768.0
Operating Profits 34.2 25.6 25.4 105.4 77.3
Operating Margins % 10.3% 10.2% 10.6% 10.3% 10.1%
Finance Cost 2.0 3.8 5.5 15.3 20.7
Depreciation 2.9 2.8 2.6 10.9 9.3
Other Income 1.4 2.1 1.0 6.5 3.5
PBT 30.7 21.0 18.3 85.7 50.8
Income Tax 7.1 5.2 4.5 20.9 13.0
PAT 23.6 15.8 13.8 64.8 37.8
EPS 9.7 6.5 6.3 27.3 17.2
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Sharing insights on the results, Mr. Ashish Mangal, Managing Director of Dynamic Cables Limited commented: “FY2025 has been a breakthrough year for Dynamic Cables Limited wherein we crossed ₹1,000 crores revenue, a major milestone for all of us. We have continued our track record of consistent performance, and our operating profit has surpassed ₹100 crores for the first time. Further Our strong order book underlines the confidence our customers place in us and strengthens our market position. Our cash flow from operations stood at Rs. 56 crores marked by working capital optimisation through financial discipline and favourable tailwinds.

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We enter the new fiscal year with strong momentum. With additional manufacturing capacity scheduled to be commissioned, we are well-prepared to meet the accelerating demand from both public and private sector investments in power infrastructure and renewable energy sector. Dynamic Cables is well positioned with a robust product portfolio, pan-India presence, international reach, and institutional approvals to capitalize on long-term sectoral growth and continue delivering sustainable value to our stakeholders.”

Key Highlights:

• Revenue growth was ~37% for Q4 as compared to same quarter previous year and ~32% on quarter-on-quarter basis.

• FY 25 ROCE and ROE was 26.4% and 22.1% respectively

• Export sales (including deemed exports) contributed ~ 9% of total sales

• Cash Flow from operations stood at 56.3 crs

• Receivable days (calculated on trailing quarter gross sales) was ~56 days in Q4FY25.

• Order book stands at ~Rs 725.6 Crores as on 31[st] March 2025. Healthy order book driven by power utilities/EPC, renewable and export segments.

• Received credit rating upgrades from Crisil, now standing at A up from A- .

• Borrowing:

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Particulars (Rs. In Crs) 31 [st] Mar 2025 31 [st] Mar 2024
Term Loans from Banks/FIs 3.3 10.0
Other Loans 1.9 2.9
Working Capital Loans 52.7 106.2
Total On-balance sheet Debt 58.0 119.1
LC Creditors (Off- balance sheet) 70.3 60.7
Total Borrowing 128.3 179.8
Cash & equivalents 76.0 31.0
Net Debt 52.3 149.8
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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 3 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 forwardlooking statement contained in this press release.