Latest news with #DynamicCables
Business Standard
23-07-2025
- 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.
Business Standard
23-07-2025
- Business
- Business Standard
Dynamic Cables standalone net profit rises 56.98% in the June 2025 quarter
Sales rise 25.65% to Rs 262.04 crore Net profit of Dynamic Cables rose 56.98% to Rs 18.21 crore in the quarter ended June 2025 as against Rs 11.60 crore during the previous quarter ended June 2024. Sales rose 25.65% to Rs 262.04 crore in the quarter ended June 2025 as against Rs 208.55 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 262.04208.55 26 OPM % 10.2810.48 - PBDT 27.0218.13 49 PBT 24.3715.62 56 NP 18.2111.60 57
Business Standard
30-05-2025
- Business
- Business Standard
Dynamic Cables gains after board declares 1:1 bonus issue
Dynamic Cables advanced 2.61% to Rs 868.50 after the company announced a 1:1 bonus issue following the outcome of its board meeting held on 30 May 2025. According to an exchange filing, the companys board, in its meeting held on 30 May 2025, approved and recommended the issuance of bonus equity shares by way of capitalization of securities premium, in the ratio of 1:1 i.e., one new fully paid-up equity share of Rs 10 each for every one existing fully paid-up equity share of Rs 10 eachto eligible shareholders of the company as on the record date. The issuance is subject to the approval of shareholders and other applicable regulatory and statutory approvals. The record date to determine the eligible shareholders for the bonus equity shares will be intimated separately to the exchanges. Post the bonus issue, the paid-up share capital of the company will increase from Rs 24.23 crore (2.42 crore shares) to Rs 48.46 crore (4.84 crore shares). The company confirmed that Rs 111.11 crore was available in the share premium account as of 31 March 2025, with Rs 24.23 crore earmarked for the bonus issue. The bonus shares are expected to be credited/dispatched within two months from the boards approval, i.e., by 29 July 2025. In another key development, the board has proposed to increase the authorized share capital of the company from Rs 25 crore to Rs 50 crore, which will entail an amendment to Clause V of the Memorandum of Association. 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 DISCOMs, private distribution companies, private EPC contractors, and industrial and export clients and has 3 manufacturing plants situated at Jaipur and Reengus. The company's net profit rose 71.09% to Rs 23.56 crore on a 37.41% increase in net sales to Rs 331.17 crore in Q4 March 2025 over Q4 March 2024.
Business Standard
27-05-2025
- Business
- Business Standard
Dynamic Cables gains as board to consider bonus issue on 30 May
Dynamic Cables jumped 4.77% to Rs 868.40 after the company announced that its board will meet on 30 May 2025, to consider a bonus issue, subject to shareholders' and regulatory approvals. The company's board will also consider increasing authorized share capital, subject to shareholders and regulatory approvals. 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 DISCOMs, private distribution companies, private EPC contractors, and industrial and export clients and has 3 manufacturing plants situated at Jaipur and Reengus. 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.
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Business Standard
27-05-2025
- Business
- Business Standard
Smallcap stock hits 3-month high, zooms 67% in May; to consider bonus issue
Dynamic Cables share price today Shares of Dynamic Cables hit a three-month high of ₹897.20 on the BSE in Tuesday's intraday trade, in an otherwise weak market after the company announced its plan to consider bonus share issue. The stock of this smallcap electrical cable company was trading at its highest level since February 2025. It had hit a 52-week high of ₹1,092.85 on December 16, 2024. Thus far in the month of May, the market price of Dynamic Cables has zoomed 67 per cent. It has bounced back 95 per cent from its previous month low of ₹460.90 hit on April 7, 2025. Dynamic Cables today informed the stock exchanges that the meeting of board of directors is scheduled to be held on Friday, May 30, 2025, the proposal of issuance of bonus equity shares to the shareholders of the company. Clarification on Price Movement On May 15, 2025, on clarification on significant movement in the price of security across exchange, Dynamic Cables said that the movement in the price of securities of the company is purely due to market conditions and absolutely market driven and the management of the company is in no way connected with any such movement in price of the securities of the company. Dynamic Cables further said that the company has not withheld any material information or events which in our opinion would have an impact on the movement in the price of the securities of the company. Dynamic Cables Q4 results 2025 During Q4FY25, Dynamic Cables' consolidated net profit after tax (PAT) zoomed 71 per cent year-on-year (Y-o-Y) to ₹23.56 crore from ₹13.77 crore reported in the corresponding quarter of the previous year. The company's revenue from operations climbed 37.5 per cent Y-o-Y to ₹331.2 crore in Q4FY25 from ₹240.9 crore reported in Q4FY24. Earnings before interest, taxes, depreciation and amortisation (Ebitda) margin stood at 10.3 per cent in Q4FY25, as against 10.2 per cent in Q3FY25 and 10.6 per cent in Q4FY24. The company's order book stands at ₹725.6 crore as on March 31, 2025. The order book remains healthy, driven by power utilities/EPC, renewable, and export segments. With additional manufacturing capacity scheduled to be commissioned, the management said the company is 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 capitalise on long-term sectoral growth and continue delivering sustainable value to our stakeholders, it said. The company's market position is supported by diversified clientele and product mix. Increasing revenue share from newly developed products also supports the business risk profile. Dynamic Cables has lowered its reliance on direct government entities for work to 20-25 per cent of its turnover from 50-55 per cent around five years ago. The company has a fairly diversified presence in the domestic market. Furthermore, the management is focusing on diversification of the product portfolio and has added data centre cables as well as solar cables with advanced technology to its portfolio which is expected to aid further growth and diversification, Crisil Ratings said in its rating rationale. About Dynamic Cables Dynamic Cables is a 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. The company has 3 manufacturing plants situated at Jaipur and Reengus. Business operations are managed through corporate office in Jaipur and 5 regional sales offices across India.
