Dynamic Cables (NSE:DYCL) Current Ratio: 2.52 (As of Mar. 2026) — 55% Above Median


NSE:DYCL Dynamic Cables Ltd NSE:DYCL
95 GF Score
Price ₹362.90
GF Value ₹389.47
Valuation Fairly Valued
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What is Dynamic Cables Current Ratio?

Dynamic Cables NSE:DYCL -0.49% 95 Current Ratio is 2.52 as of Mar. 2026, which is 55% above its 10-year median of 1.63. GuruFocus rates NSE:DYCL with a GF Score™ of 95/100 and a GF Value™ of ₹389.47 (Fairly Valued). Among 3,073 Industrial Products companies, Dynamic Cables ranks better than 66.25% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Dynamic Cables's current ratio for the quarter that ended in Mar. 2026 was 2.52.

Dynamic Cables has a current ratio of 2.52. It generally indicates good short-term financial strength.

The historical rank and industry rank for Dynamic Cables's Current Ratio or its related term are showing as below:

NSE:DYCL' s Current Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.63   Max: 2.52
Current: 2.52

During the past 13 years, Dynamic Cables's highest Current Ratio was 2.52. The lowest was 1.37. And the median was 1.63.

NSE:DYCL's Current Ratio is ranked better than
66.25% of 3073 companies
in the Industrial Products industry
Industry Median: 1.96 vs NSE:DYCL: 2.52

Dynamic Cables  (NSE:DYCL) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Dynamic Cables Current Ratio Related Terms


Dynamic Cables Current Ratio Historical Data

* Premium members only.

The historical data trend for Dynamic Cables's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dynamic Cables Current Ratio Chart

Dynamic Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 1.61 1.54 2.37 2.52

Dynamic Cables Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.37 0.00 2.60 0.00 2.52

NSE:DYCL vs VRT, BE: Current Ratio Comparison

For the Electrical Equipment & Parts subindustry, Dynamic Cables's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dynamic Cables Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dynamic Cables's Current Ratio distribution charts can be found below:

* The bar in red indicates where Dynamic Cables's Current Ratio falls into.


NSE:DYCL
95GF Score
Dynamic Cables Ltd NSE:DYCL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dynamic Cables Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Dynamic Cables's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=5448.953/2160.33
=2.52

Dynamic Cables's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=5448.953/2160.33
=2.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.52 mean?
Dynamic Cables (NSE:DYCL) has a Current Ratio of 2.52 as of Mar. 2026. This is 55% above median its historical median of 1.63. Over the past decade, Dynamic Cables' Current Ratio has ranged from 1.37 to 2.52. According to the industry distribution chart, Dynamic Cables ranks #1037 out of 3073 companies in the Industrial Products industry, placing it in the top 33.7%.
Is Dynamic Cables' Current Ratio too high?
Dynamic Cables' current Current Ratio of 2.52 is 55% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 2.52. The Industrial Products industry median Current Ratio is 1.96. Dynamic Cables' value of 2.52 is 28.6% above this industry median. Based on the distribution chart, Dynamic Cables ranks #1037 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Dynamic Cables has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dynamic Cables' Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Dynamic Cables ranks #1037 out of 3073 companies for Current Ratio. This puts Dynamic Cables in the upper half of its industry. The industry median Current Ratio is 1.96. Dynamic Cables' value of 2.52 is 28.6% above this benchmark. Historically, Dynamic Cables' own Current Ratio has ranged from 1.37 to 2.52 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.96, Dynamic Cables has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dynamic Cables's current Current Ratio of 2.52 is 28.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynamic Cables's current Current Ratio is 2.52, which is 55% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynamic Cables stock overvalued right now?
Based on GuruFocus' analysis, Dynamic Cables (NSE:DYCL) is currently considered Fairly Valued. The stock's GF Value™ is ₹389.47, compared to a current price of ₹362.90 — trading 6.8% below its estimated fair value. The current Current Ratio is 2.52, which is 55% above median its 10-year median of 1.63 and 28.6% above the Industrial Products industry median of 1.96. Dynamic Cables' overall GF Score™ is 95/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Dynamic Cables (NSE:DYCL), the current Current Ratio is 2.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dynamic Cables (NSE:DYCL) Overvalued in 2026?

Based on GuruFocus' analysis, Dynamic Cables stock appears to be undervalued. The current stock price of ₹362.90 is trading 6.8% below its estimated GF Value™ of ₹389.47. GuruFocus considers Dynamic Cables to be Fairly Valued.

Key valuation signals for NSE:DYCL:

  • Current Ratio: 2.52 (55% above median its 10-year median of 1.63)
  • GF Value™: ₹389.47 vs. price of ₹362.90 (6.8% below fair value)
  • GF Score™: 95/100
  • Industry Position: 28.6% above the Industrial Products median (#1037 of 3073)

No single metric tells the full story. See the NSE:DYCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dynamic Cables Business Description

Other Exchanges 540795:India
Address Road No. 13, Unit - 1, F-260, V.K.I Area, Jaipur, RJ, IND, 302013
Dynamic Cables Ltd is engaged in the manufacturing of cables and conductors which include manufacturing of Low voltage, Medium voltage, and High voltage power cables, aerial bunched cables, all aluminium conductors, all aluminium alloy conductors, Railway signaling cables, Service Drop Cables used for transmission and distribution of Electricity. It generates its revenue from the manufacturing and sale of cables and conductors.
95GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹362.90
Price
₹389.47
GF Value