Dynamic Cables Q2FY26 Profit Rises 42% YoY to ₹19.63 Crore; Revenue Up 20%

Jaipur, October 28, 2025: Dynamic Cables Limited (BSE: 540795) (NSE: INE600Y01019) posted a good result in the second quarter of FY26. The net profit increased 42% year on year to ₹19.63 crore, compared with ₹13.85 crore in Q2FY25. Revenue from operations increased 20% YoY to ₹281.56 crore, boosted by strong demand in the power cables and conductors segment.

Based in Jaipur, Dynamic Cables Limited is a manufacturer of wires (Power cables, conductors, etc) and related cable products used primarily by utilities, for industrial purposes and infrastructure projects. Shares in Dynamic Cables Limited are traded on the BSE (540795) and the NSE SME section.

Quarterly Financial Performance

In the second quarter of FY26, the company achieved a revenue of ₹28,155.68 lakh, up 7.45% quarter over quarter and 20.24% year over year. Also, net profit increased 7.86% quarter over quarter and 41.74% year over year to ₹1,963.55 lakh. Earnings per share improved to ₹4.05, indicating strong revenue growth and increased profitability.

Half-Yearly Highlights

The company recorded a solid performance in the first half of FY26, with total income rising 22.7% year over year to ₹54,751.53 lakh. Net profit improved to ₹3,784.26 lakh, up 48.7%, compared to ₹2,545.31 lakh. Earnings per share improved to ₹7.81, reflecting improved margins and operational efficiency.

Operating and Cost Highlights

In Q2FY26, the cost of raw materials rose to ₹22,989 lakh from ₹18,759 lakh a year earlier, reflecting higher production volumes. Employee expenses climbed to ₹1,230 lakh, compared with ₹859 lakh last year, while depreciation costs remained steady at ₹281 lakh. Other expenses stood at ₹1,529 lakh, marking an 11.5% sequential increase.

Balance Sheet Snapshot

The paid-up equity share capital as of 30 September 2025 is ₹4,845.86 lakh, with an EPS of ₹4.05 for the quarter and ₹7.81 for H1FY26, reflective of a consistent earnings trajectory.

Stock Market Performance

As of 14:35 IST, the share price of dynamic cables was trading at ₹418.40, down ₹31.40 or 6.98% from its previous close of ₹449.80. The stock opened at ₹455.75 and has so far moved between an intraday high of ₹455.75 and a low of ₹402.40. The company’s market capitalisation stood at ₹2,179.70 crore, with a price-to-earnings (P/E) ratio of 30.50.

REF: https://nsearchives.nseindia.com/corporate/DYNAMICCABLES_28102025121456_OUTCOME_OF_BOARD_MEETING.pdf

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