Dynamic Cables Reports Record Q1 Revenue, 57% YoY Growth in Profit After Tax
Dynamic Cables Limited achieved its highest ever Q1 revenue with 26% year-on-year growth and 28% volume increase. Operating profit rose by 23% to Rs 26.90 crores, while Profit After Tax grew by 57%. The order book reached Rs 734.00 crores, up 57% year-on-year. The company's customer mix includes 82% private sector sales, 9% government sales, and 9% exports. Product mix comprises 51% high voltage cables, 39% low voltage cables, and 8% conductors. A Rs 35.00 crores capacity expansion project focusing on solar cables and high voltage products is underway. Management maintains an EBITDA margin guidance of 10-10.5% and expects to be free from long-term debt by year-end.
30Jun 25
Dynamic Cables Unveils Ambitious Production Capacity Expansion Plans
Dynamic Cables plans to increase its yearly production capacity by 30,000 kilometers at its Reengus facility, to be operational by the latter half of FY26. The company will also invest ₹35.00 crore to boost its cable and specialty conductor production capacity by 20.00%. These expansions aim to meet growing market demands and strengthen the company's position in the cable manufacturing industry.
30May 25
Dynamic Cables Announces 1:1 Bonus Share Issue, Boosting Shareholder Value
Dynamic Cables Limited has declared a bonus share issue in the ratio of 1:1, doubling shareholders' share count without diluting ownership. For each share held, investors will receive one additional share at no cost. This move aims to reward shareholders and potentially increase stock liquidity. The company will convert a portion of its reserves into share capital, reflecting confidence in its financial position. Shareholders should await announcements on the record date, ex-bonus date, and credit date for the bonus shares.
Dynamic Cables Boosts Solar Energy Portfolio with BIS License for DC Cables
Dynamic Cables Limited has obtained a Bureau of Indian Standards (BIS) license for their solar DC cables, enhancing their position in the renewable energy sector. This strategic move is expected to boost their growth in the solar energy market. Simultaneously, the company faces tax demands of ₹3.26 crores and ₹1.64 crores for assessment years 2017-18 and 2019-20 respectively. Dynamic Cables plans to appeal these orders and does not anticipate material impact on its financial operations.
28Mar 25
Dynamic Cables Secures BIS License for Solar DC Cables, Boosting Renewable Energy Prospects
Dynamic Cables Limited has obtained a Bureau of Indian Standards (BIS) license for manufacturing solar DC cables, valid until March 26, 2026. The license, under IS No. 17293:2020, allows the company to produce and test electric cables for photovoltaic systems. This approval is expected to enhance Dynamic Cables' business in the renewable energy sector, particularly in solar power applications. The certification ensures product quality and positions the company to capture a larger share of India's growing solar energy market.