Dynamic Cables Delivers Strong Q1 FY27 Results, Citing Highest Ever Revenue and US Market Entry
Dynamic Cables Limited (DCL) announced its un-audited financial results for the first quarter of Fiscal Year 2027, reporting a strong start to the fiscal year marked by robust revenue growth and successful entry into the U.S. market.The company's performance reflects sustained demand across both government and private sector projects, coupled with improvements in its product mix.
Financial Performance Overview
For Q1 FY27, Dynamic Cables reported significant results compared to previous periods. The company delivered its highest ever first quarter revenue while showing healthy improvement in operating profits and Profit After Tax (PAT).Key financial metrics for the quarter include:
- Operating Revenue of 349.1 Crs
- Operating Profits of 38.0 Crs
- PAT of 25.0 Crs
The company noted that key growth avenues during the quarter included renewable, private utilities, and international demand. Financial discipline remains a core business philosophy as the company manages its growth in volatile times.
A table detailing the financial performance across relevant periods is provided below:
| Particulars (Rs. Crs) | Q1 FY27 | Q4 FY26 | Q1 FY26 | FY26 |
|---|---|---|---|---|
| Operating Revenue | 349.1 | 355.5 | 262.0 | 1197.8 |
| Operating Profits | 38.0 | 37.6 | 26.9 | 129.6 |
| Operating Margins % | 10.9% | 10.6% | 10.3% | 10.8% |
| Finance Cost | 2.9 | 3.0 | 2.7 | 11.5 |
| Depreciation | 2.9 | 3.2 | 2.7 | 11.8 |
| Other Income | 1.2 | 1.0 | 2.7 | 6.8 |
| PBT | 33.5 | 32.3 | 24.4 | 113.1 |
| Income Tax | 8.5 | 8.1 | 6.2 | 28.6 |
| PAT | 25.0 | 24.2 | 18.2 | 84.4 |
| EPS | 5.2 | 5.0 | 3.8 | 17.4 |
Operational Highlights and Outlook
Mr. Ashish Mangal, Managing Director of Dynamic Cables Limited, commented on the results, stating that the performance reflects robust execution and a sustained demand across both government and private projects. The company further highlighted a breakthrough in the U.S. market during the quarter, which strengthens its international presence and creates new avenues for long-term growth.Regarding operational aspects:
- Strong export growth contributed 13% of Total Revenue from Operations, driven by the entry into the US market.
- The current order book stands at approximately Rs 811 Crs as on June 30, 2026.
- Receivable days (calculated on trailing six-month gross sales) were approximately 69 days in Q1 FY27.
DCL remains confident in sustaining its long-term growth trajectory with a healthy order pipeline and ongoing capacity expansion plans.
Borrowing Status
The company's borrowing status across the past three financial periods is detailed below:| Particulars (Rs. In Crs) | 30th June 2026 | 31st March 2026 | 30th June 2025 |
|---|---|---|---|
| Term Loans from Banks/FIs | 2.5 | 2.6 | 2.8 |
| Other Loans | 4.3 | 2.2 | 2.5 |
| Working Capital Loans | 64.4 | 35.6 | 53.9 |
| Total On-balance sheet Debt | 71.2 | 40.4 | 59.2 |
| LC Creditors (Off balance sheet) | 64.6 | 76.6 | 90.3 |
| Total Borrowing | 135.8 | 117.0 | 149.6 |
| Cash & equivalents | 47.0 | 58.8 | 80.0 |
| Net Debt | 88.8 | 58.2 | 69.6 |
Company Profile
Dynamic Cables Limited is a manufacturer of power infrastructure cables, including LV, HV, MV, Power control & instrumentation cables, and signaling cables. The company supplies its products to Government Discoms, Private Distribution companies, Private EPC contractors, industrial, and Export clients. Dynamic Cables has four manufacturing plants located in Jaipur and Reengus, with corporate operations managed from Jaipur and five regional sales offices across India.DYCL Stock Price Movement
Shares of Dynamic Cables Limited are rallying strongly to ₹422.50 as of 2:08 PM, surging nearly 9.31% in live trading. The equity has seen robust activity, with a traded volume of 6.15 million shares dominating the current market phase.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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