Dynamic Cables’ Profit Before Tax Up by 56% in June Quarter

Jaipur, July 23, 2025 – Dynamic Cables Limited (BSE: 540795, NSE: DYCL) said that despite higher raw material and employee costs, margin expansion supported its earnings in June quarter. Profit before tax rose 56% YoY, and EPS increased 44.1%, reflecting underlying strength beyond top-line growth.

Market Snapshot

As of 13:00 IST on July 23, 2025, Dynamic Cables was trading at ₹438.00, down 3.31% from the previous close of ₹453.00. The stock hit an intraday high of ₹471.50 and low of ₹432.60, with a VWAP of ₹458.66 on 9.02 lakh shares traded. Turnover stood at ₹41.40 crore, with sell quantity significantly higher at 86,305 shares.

Financial Snapshot

The company’s total income rose 26.2% YoY to ₹26,477.05 lakh, while expenses grew 23.8%, indicating efficiency gains. Segment-wise, raw material costs remained the largest expense at ₹23,330.47 lakh, followed by employee expenses at ₹1,001.60 lakh. Financial costs and depreciation stood at ₹266.33 lakh and ₹265.26 lakh respectively. Other income nearly doubled QoQ, boosting the bottom line.

Expense Composition (Q1FY26)

• Cost of Materials Consumed: ₹23,330.47 lakh
• Employee Benefit Expense: ₹1,001.60 lakh
• Financial Costs: ₹266.33 lakh
• Depreciation: ₹265.26 lakh
• Other Expenses: ₹1,582.58 lakh

The company witnessed higher raw material and employee costs in Q1FY26, offset by improved operating leverage on higher revenues compared to the same period last year.

Other Corporate Updates

Bonus Issue

On July 15, 2025, the company issued 2,42,29,319 fully paid-up equity shares of ₹10 each as bonus shares in a 1:1 ratio. As a result, the paid-up capital has increased to ₹4,845.86 lakh from ₹2,422.93 lakh. Earnings per share (EPS) for all periods have been retrospectively adjusted as per IND AS 33.

Preferential Issue Status

Out of ₹9,658.79 lakh raised via preferential allotment in June 2024, ₹7,062.29 lakh has been utilised as of June 30, 2025, for pre-defined objectives. The unutilised portion of ₹2,596.49 lakh is invested in mutual funds.

Outlook

Strong earnings growth, supported by improved operating efficiency and higher other income, signals a structurally sound quarter. However, the market response reflects near-term profit booking. Continued cost discipline and capital deployment will be key to sustaining valuation and earnings visibility going forward.

About the Company

Dynamic Cables Limited, headquartered in Jaipur, Rajasthan, manufactures power cables, overhead conductors, and other transmission and distribution equipment. The company is listed on both NSE and BSE, serving utilities, infrastructure EPC players, and industrial sectors across India.

REF: https://nsearchives.nseindia.com/corporate/DYNAMICCABLES_23072025122751_RESULTSNSEBSE_upload.pdf

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