Dynamic Cables share price, P/E, ROE & financials

Dynamic Cables (DYCL) had a P/E of 19.2× on 6 Nov 2026, below the industry P/E of 30.0×, and the shares are 34% below their 52-week high. It earns ROCE of 26% and ROE of 21%, and sales and net profit grew 21% and 40% a year over 3 years. It has almost no debt, and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹1,802 Cr, ranked 42nd of 97 Electrical Equipment & Parts companies by market cap; the shares fell 5.7% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹363.10
Day high: ₹373.50
Day low: ₹358.00
Prev. close: ₹374.90
Volume: 2 L

Health check

4 good · 2 to check

ReturnsBehind
−5.7% over a year, better than 2 of 7 peers.
Price tagCheaper
P/E 19.2 vs industry 30.0.
GrowthStrong
Sales +21.4%, profit +39.6% a year over 3 years.
ProfitabilityStrong
ROCE 25.8% vs peer median 22.1%.
Balance sheetSolid
Debt 0.08× equity, interest covered 16.3×, Piotroski 8 of 9.
Red flags1 to check
34% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹1,802 Cr, #42 of 97 in its industry by size.

Defensive

Beta 0.45 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹1,367 Cr · profit ₹94 Cr

Market cap: ₹1,802 Cr; Small cap
P/E: 19.2; Industry 30.0
Price to book: 3.59; Peers 7.24
Dividend yield: 0.13%
ROE: 20.5%; Peers 18.0%
ROCE: 25.8%; Peers 22.1%
Debt to equity: 0.08; Debt ₹41 Cr
EPS (TTM): ₹19.33; Face value ₹10
OPM (TTM): 10.7%; Net margin 6.9%
Sales growth: +29.0%; Latest quarter vs a year ago
Profit growth: +12.6%; Latest quarter vs a year ago
Price to sales: 1.32; EV/EBITDA 12.4

Strengths

Return on equity of 20.5%.
Return on capital employed of 25.8%.
Practically debt-free.
Quarterly sales up 29.0% on a year ago.
P/E of 19.2 against an industry P/E of 30.0.

Risks to check

34% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Dynamic Cables

Dynamic Cables Limited manufactures and supplies cables and conductors in India and internationally. The company offers 66 kV, MV, and LV unarmored aluminum cables; MV single-core aluminum armored and LV copper power cables; MV aerial bunched, LV aluminum multicore FRLS, LV copper armored, railway signaling, LV aerial bunched, UL, solar power AC/DC, and FR-LSH cables; MV covered, ACSR, bare copper, AL59, and AA/AAA conductors; and dynamic building wires.…

Headquarters: Jaipur
Employees: 1,077
Sector: Industrials
ISIN: INE600Y01019
Website: dynamiccables.co.in

Price range

52 weeks

₹236.80₹560.00

Today

₹358.00₹373.50

Avg volume (3M): 7.1 L
1-year return: minus 5.7%
From 52-week high: minus 33.6%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
DYCLDynamic Cables	371.80	minus 0.83%	1,802	19.2	13.7	25.8%	10.7%	0.08	21.4%	minus 5.7%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
262	299	355	349	363
235	265	318	311	327
26.9	34.2	37.6	38	36.4
10.3%	11.5%	10.6%	10.9%	10.0%
2.7	1.9	1	1.2	1
2.7	2.9	3	2.9	4.2
2.7	3.1	3.2	2.9	3.5
24.4	30	32.3	33.5	29.7
25.3%	25.4%	25.2%	25.4%	25.4%
18.2	22.4	24.2	25	22.2
3.76	4.63	4.99	5.15	4.56

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +21.4%
Profit CAGR 3Y: +39.6%
EPS CAGR 3Y: +35.2%
ROE: 20.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
668	768	1,025	1,197
–	+14.9%	+33.5%	+16.8%
605	689	919	1,065
63.6	79.1	106	132
9.5%	10.3%	10.3%	11.0%
−0.9	−0.7	0.3	−0.6
13	16.8	12.3	7.4
7.9	9.3	10.9	11.8
−0	−1.6	2.9	0.9
41.8	50.8	85.7	113
25.7%	25.6%	24.3%	25.3%
31	37.8	64.8	84.4
–	+21.8%	+71.6%	+30.3%
7.04	8.58	6.83	17.42

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
22	22	24.2	48.5
155	192	350	409
82.4	119	58.9	43.1
144	165	157	182
403	499	589	683
58.7	70.5	92.6	133
3.2	7.8	9.3	36.2
0.9	0.2	1.1	0.9
0.1	1.2	43.3	41.5
340	419	443	471
403	499	589	683

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
27.4	1.3	56.3	61.6
−15.9	−16.4	−75.7	−31.7
−11.5	15.3	19.3	−29.9
0	0.1	−0.1	0
−13.5	−21.2	−24.6	−57.4
14	−19.9	31.7	4.2
−1.1	−1.1	−1.1	−1.2

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.1% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you