Dynamic Cables Ltd (NSE:DYCL)
₹ 450.2 -5.15 (-1.13%) Market Cap: 21.82 Bil Enterprise Value: 21.96 Bil PE Ratio: 23.93 PB Ratio: 4.77 GF Score: 94/100

Q3 2026 Dynamic Cables Ltd Earnings Call Transcript

Jan 27, 2026 / 08:30AM GMT
Release Date Price: ₹292.7 (+4.41%)

Key Points

Positve
  • Dynamic Cables Ltd (BOM:540795) reported its highest-ever nine-month revenue and profitability, with sales increasing by 21% year-over-year and operating profit rising by 29%.
  • The company achieved a profit after tax growth of 46%, reflecting efficient execution and prudent financial management.
  • Dynamic Cables Ltd (BOM:540795) secured prestigious certifications such as UL, UGCL approval, and NHL accreditation, enhancing its market credibility.
  • The company received AERB approvals for a new facility, marking a key milestone in its capacity expansion roadmap.
  • Dynamic Cables Ltd (BOM:540795) is optimistic about long-term opportunities in India's power infrastructure sector, supported by strong tailwinds from renewable energy and rural electrification.
Negative
  • Volume growth for the quarter was weak at around 2% to 3%, compared to a 17% growth over nine months.
  • The company faces competitive pressure, with market leaders experiencing significantly higher volume growth.
  • Capacity utilization remains at 75% to 80%, indicating potential constraints in meeting increased demand.
  • Export plans to the US have been delayed due to unfavorable tariff situations, impacting potential market expansion.
  • The company's order book growth has been modest, with a 10% increase quarter-on-quarter, reflecting potential challenges in accelerating order wins.
Operator

Ladies and gentlemen, good day and welcome to Dynamic Cables' Q3 and FY26 earning conference call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Ms. Natasha. Thank you, and over to you, ma'am.

Natasha Jain
PhillipCapital - Moderator

Thank you, [Reena], and good afternoon, everyone. On behalf of PhillipCapital, I welcome all of you to the third-quarter earnings conference call of Dynamic Cables Limited. From the management, we have Mr. Ashish Mangal, Managing Director; Mr. Murari Lal Poddar, Chief Financial Officer; and Mr. Govind Saboo, IR Advisor.

I request the team to give their opening remarks, post which we shall open the floor for Q&A. Thank you, and over to you, sir.

Ashish Mangal
Dynamic Cables Ltd - Managing Director, Executive Director

Hello. Good afternoon, everyone. I, Ashish Mangal, Managing Director of Dynamic Cables, extend a warm welcome to all of you to our earnings call. I am pleased to report a strong and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot