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Dynamic Cables Q1 PAT climbs 57% YoY to Rs 18 cr
Dynamic Cables Q1 PAT climbs 57% YoY to Rs 18 cr

Business Standard

time23-07-2025

  • Business
  • Business Standard

Dynamic Cables Q1 PAT climbs 57% YoY to Rs 18 cr

Dynamic Cables reported 56.98 surge in standalone net profit to Rs 18.21 crore in Q1 FY26 as against Rs 11.60 crore posted in Q1 FY25. Revenue from operations grew 25.64% YoY to Rs 262.04 crore for the quarter ended 30 June 2025. Profit before tax (PBT) stood at Rs 24.37 crore in Q1 FY26, marking a 56.01% increase from Rs 15.62 crore reported in the same quarter last year. The companys operating profit rose 22.83% YoY to Rs 26.90 crore in Q1 FY26. However, the operating profit margin slightly declined to 10.3% from 10.5% in Q1 FY25. The export sales stood at Rs 24 crore during the quarter, with deemed exports contributing an additional Rs 16 crore. The companys order book reached approximately Rs 734 crore as of 30 June 2025, up from Rs 468 crore a year earlier. The growth in the order book is attributed to strong demand from power utilities/EPC contractors, exports, and renewable energy segments. Ashish Mangal, managing director of Dynamic Cables, commented, We are delighted to report that we have achieved our highest-ever Q1 performance across revenue, operating profits, and PATa clear reflection of our consistent focus on execution excellence, operational efficiency, and strategic discipline. This strong start to the financial year is driven by healthy domestic demand across both government and private sector projects in power distribution and renewable energy, supported by sustained sectoral momentum. Despite geopolitical issues, our export contribution remained consistent around 10%. Looking ahead, we remain committed to capitalizing on emerging opportunities across our core markets, aided by favorable policy developments and rising infrastructure investments. With a robust order book, a clear growth roadmap, and a strong emphasis on execution, we are confident in our ability to maintain this momentum and create long-term value for all stakeholders. Dynamic Cables is a leading manufacturer of power infrastructure cables, including low voltage (LV), medium voltage (MV), high voltage (HV), power control, instrumentation, and signaling cables. The company supplies its products to government DISCOMs, private distribution companies, EPC contractors, industrial customers, and export markets. It operates three manufacturing plants located in Jaipur and Reengus, Rajasthan. Business operations are managed through its corporate office in Jaipur and five regional sales offices across India. The scrip declined 1.89% to Rs 445 on the BSE.

Dynamic Cables' Q1 net profit drops 22.75 pc to Rs 18.2 crore; revenue falls nearly 21 pc
Dynamic Cables' Q1 net profit drops 22.75 pc to Rs 18.2 crore; revenue falls nearly 21 pc

Hans India

time23-07-2025

  • Business
  • Hans India

Dynamic Cables' Q1 net profit drops 22.75 pc to Rs 18.2 crore; revenue falls nearly 21 pc

Mumbai: Jaipur-based Dynamic Cables Limited on Wednesday reported a decline in its financial performance for the first quarter (Q1) of FY26, with net profit falling by 22.75 per cent quarter-on-quarter (QoQ) to Rs 18.2 crore, compared to Rs 23.56 crore in the previous quarter (Q4 FY25). The company also saw its revenue from operations drop by 20.88 per cent, standing at Rs 262.03 crore in Q1, down from Rs 331.17 crore in Q4 FY25, according to its stock exchange filing. Total income for the quarter came in at Rs 264.77 crore, showing a decline of 20.39 per cent QoQ. On the expenses side, the company recorded Rs 240.4 crore in total expenses in Q1, a decrease of 20.37 per cent from Rs 301.9 crore in the previous quarter, the company stated in its regulatory filing. The company's total expenses included Rs 233.3 crore towards cost of materials consumed, Rs 10.01 crore on employee benefits, Rs 2.66 crore in finance costs, Rs 2.65 crore in depreciation and amortisation, and Rs 13.82 crore under other expenses. As of June 30, Dynamic Cables' order book stood at approximately Rs 734 crore, a significant rise from Rs 468 crore a year earlier. The company said this growth was largely driven by strong demand in the power utilities/EPC, export, and renewable energy segments. Dynamic Cables' Managing Director, Ashish Mangal, attributed this to strong domestic demand from both government and private sector projects in power distribution and renewable energy, along with consistent export contributions of around 10 per cent, even amid geopolitical challenges. He expressed optimism for the upcoming quarters, saying the company is well-positioned to capitalise on growth opportunities thanks to supportive policies and increased infrastructure investments. 'With a robust order book, a clear growth roadmap, and a strong emphasis on execution, we are confident in our ability to maintain this momentum and create long-term value for all stakeholders,' Mangal added. Dynamic Cables Limited manufactures a wide range of power infrastructure cables including low voltage, medium voltage, high voltage, control, instrumentation, and signalling cables. It supplies to government discoms, private utilities, EPC contractors, industrial clients, and exports markets. The company operates three manufacturing units in Jaipur and Reengus, with its corporate office and five regional sales offices based across India.

Dynamic Cables hits the roof as Q4 PAT jumps 71% YoY to Rs 24 cr
Dynamic Cables hits the roof as Q4 PAT jumps 71% YoY to Rs 24 cr

Business Standard

time13-05-2025

  • Business
  • Business Standard

Dynamic Cables hits the roof as Q4 PAT jumps 71% YoY to Rs 24 cr

Dynamic Cables hit an upper circuit limit of 20% at Rs 735.10 after the company's net profit rose 71.09% to Rs 23.56 crore on 37.41% increase in net sales to Rs 331.17 crore in Q4 March 2025 over Q4 March 2024. Profit before tax jumped 67.65% year on year to Rs 30.68 crore in the fourth quarter of FY25. Total expenses rallied 35.01% to Rs 301.90 crore, compared with Rs 223.60 crore in Q4 FY24. The cost of material consumed stood at Rs 301.90 crore (up 22.09% YoY), employee benefit expenses was at Rs 12.80 crore (up 60.20% YoY) and finance cost stood at 2.03 crore (down 63.02%YoY) during the period under review. Ashish Mangal, managing director of Dynamic Cables, commented, FY2025 has been a breakthrough year for Dynamic Cables wherein we crossed Rs 1,000 crore revenue, a major milestone for all of us. We have continued our track record of consistent performance, and our operating profit has surpassed Rs 100 crore 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 crore marked by working capital optimisation through financial discipline and favourable tailwinds." On a full year basis, the companys net profit jumped 71.61% to Rs 64.82 crore on 33.51% rise in revenue from operations to Rs 1,025.37 crore in FY25 over FY24. Meanwhile, the company recommended final dividend of Rs. 0.50 /- per equity share of Rs 10 each for the financial year ended 31 March 2025. Further, the board of directors recommended the re-appointment of Ashish Mangal as the managing director of the company for approval to shareholders. Dynamic Cables 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.

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