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    Dynamic Cables Limited

    Jaipur-based manufacturer of power cables, conductors and wires, exporting to 43+ countries.

    Capital Goods
    Industrials
    View DYCL earnings calls
    ₹366.75
    +9.61% from avg

    Overview

    Price

    ₹366.75

    Market Cap

    ₹1.9k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2222222222244848
    Reserves8695126155192350362409
    Borrowings1221187782119597743
    Other Liabilities6962125144165157119182
    Total Liabilities299297350403499589607683
    AssetsFixed Assets5655535663849597
    CWIP000370833
    Investments00001444831
    Other Assets243242297345428462456523
    Total Assets299297350403499589607683

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating184017642715662
    Cash from Investing-9-8-6-9-16-16-76-32
    Cash from Financing-9-32-11-55-121519-30
    SummaryCapital Expenditure
    Free Cash Flow833105814-20324
    FCF Margin

    Valuation

    Assumptions

    Current — DYCL
    Price
    ₹367
    EPS (TTM)
    ₹18.82
    PE (TTM)
    19.5
    Profit growth
    39.4%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (42.7×) and current (19.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹367
    vs
    Fair value · 15% return
    ₹920
    151%Undervalued

    At 39.4% growth and a 19× exit, ₹367 only delivers your return if you pay ₹920. The price is currently baking in 18% growth.

    EPS grows 39.4%/yr for 5 years, then fades to 6% over 2, exits at 19×.

    YearGrowthEPS (₹)
    FY2739.4%26.24
    FY2839.4%36.57
    FY2939.4%50.98
    FY3039.4%71.07
    FY3139.4%99.07
    FY3222.7% ·fade121.56
    FY336.0% ·fade128.85

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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