Dynamic Cables Limited filed its corporate presentation for the financial year ended March 31, 2026. The company reported a 17% year-on-year increase in revenue from operations to ₹1,198 Crs for FY26, while net profit rose 30% to ₹84 Crs. The board recommended a final dividend of ₹0.50 per equity share for the financial year ended March 31, 2026, subject to shareholder approval.

Financial Performance Snapshot

For the full year ended March 31, 2026, the company achieved its highest ever order book of ₹808 Crs. Core products, including LV & HV power cables and renewable cables, delivered growth of 25% for FY26. Profit After Tax (PAT) margins improved to 7.0% from 6.3% in the previous year.

Q4 Performance

In the quarter ended March 31, 2026, revenue from operations increased to ₹35,545.75 lakhs from ₹33,117.87 lakhs in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹2,417.16 lakhs compared to ₹2,356.46 lakhs in Q4 FY25. Operating profit for Q4 FY26 was ₹37.6 Crs, with operating margins expanding to 10.6% from 10.3%.

Strategic Overview and Growth

The company's product mix has evolved significantly, with the renewable segment growing by 100% and contributing approximately 19% of total revenue in FY26. The customer mix shifted towards quality-conscious private players, which accounted for 80.2% of revenue, while exports contributed 6.4%.

Dynamic Cables is executing a multi-pronged growth strategy including a greenfield expansion with a capex of approximately ₹45 Crs, the adoption of E-Beam cross-linking technology for specialized segments, and expansion into export markets enabled by UL certification. The new greenfield plant, supported by E-Beam technology, is scheduled to commence production in September 2027.

Management Commentary

Mr. Ashish Mangal, Managing Director of Dynamic Cables Limited, commented on the results: "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."

He further added, "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."

Key Business Highlights

The order book stood at approximately ₹808 Crs as on March 31, 2026, compared to ₹787 Crs on December 31, 2025. The company reported healthy cash flow from operations of ₹62 Crs. Receivable days were approximately 68 days in Q4 FY26.

Key developments during the year included the launch of FR-LSH and HR-FRLSH housing wires for the B2B segment, receipt of PGCIL approval for ACSR & AL-59 conductors, and a technical partnership with TS Conductor Corp, USA, to manufacture HTLS carbon core conductors.

Dynamic Cables Limited has released the transcript of its earnings conference call discussing the financial results for the quarter and financial year ended March 31, 2026. The call was originally held on May 12, 2026, and the transcript has been uploaded pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company reported its highest-ever revenue and profitability during FY '26. Revenue grew by 17% year-on-year, while operating profit increased by 23% to INR130 crores. This was supported by improved operating leverage and a better product mix. The operating margin improved to 10.8%, reflecting enhanced operational efficiency. Profit after tax rose by 30% to INR84 crores, driven by disciplined execution, strong business momentum, and prudent financial management.

Operational Highlights

As of March 31, 2026, the order book stands at INR808 crores, providing strong revenue visibility. Customer-wise contribution in FY '26 was approximately 13% from Government sales, 80% from Private sales, and 7% from Exports. Product-wise contribution was 64% from HV cable, 30% from LV cable, and 6% from Conductor.

Conference Call Details

The earnings call was conducted as a group call over phone, organised and hosted by PhillipCapital (India) Private Limited. The session featured participation from the company's senior management, including Mr. Ashish Mangal – Managing Director, and Mr. Murari Lal Poddar – Chief Financial Officer. The key details for accessing the recording are summarised below:

Regulatory Compliance

The disclosure regarding the transcript was submitted on May 18, 2026, by Naina Gupta, Company Secretary and Compliance Officer (M. No. A56881). Dynamic Cables Limited's registered office is located at F-260, Road No. 13, VKI Area, Jaipur-302013, India.