Dynamic Cables (NSE:DYCL) Interest Coverage: 11.39 (As of Mar. 2026) — 169% Above Median


NSE:DYCL Dynamic Cables Ltd NSE:DYCL
95 GF Score
Price ₹367.75
GF Value ₹388.83
Valuation Fairly Valued
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What is Dynamic Cables Interest Coverage?

Dynamic Cables NSE:DYCL -0.50% 95 Interest Coverage is 11.39 as of Mar. 2026, which is 169% above its 10-year median of 4.23. GuruFocus rates NSE:DYCL with a GF Score™ of 95/100 and a GF Value™ of ₹388.83 (Fairly Valued). Among 2,325 Industrial Products companies, Dynamic Cables ranks worse than 58.58% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Dynamic Cables's Operating Income for the three months ended in Mar. 2026 was ₹344 Mil. Dynamic Cables's Interest Expense for the three months ended in Mar. 2026 was ₹-30 Mil. Dynamic Cables's interest coverage for the quarter that ended in Mar. 2026 was 11.39. The higher the ratio, the stronger the company's financial strength is.

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

NSE:DYCL' s Interest Coverage Range Over the Past 10 Years
Min: 1.9   Med: 4.23   Max: 16.25
Current: 10.26


NSE:DYCL's Interest Coverage is ranked worse than
58.58% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs NSE:DYCL: 10.26

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Dynamic Cables  (NSE:DYCL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Dynamic Cables Interest Coverage Related Terms


Dynamic Cables Interest Coverage Historical Data

* Premium members only.

The historical data trend for Dynamic Cables's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Dynamic Cables Interest Coverage Chart

Dynamic Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 4.30 4.17 7.72 16.25

Dynamic Cables Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 15.41 9.12 9.79 10.58 11.39

NSE:DYCL vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Dynamic Cables's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Dynamic Cables's Interest Coverage falls into.


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

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, Dynamic Cables's Interest Expense was ₹-74 Mil. Its Operating Income was ₹1,201 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹63 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1201.39/-73.928
=16.25

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

Here, for the three months ended in Mar. 2026, Dynamic Cables's Interest Expense was ₹-30 Mil. Its Operating Income was ₹344 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹63 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*343.707/-30.189
=11.39

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 11.39 mean?
Dynamic Cables (NSE:DYCL) has a Interest Coverage of 11.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dynamic Cables and its competitors. This is 169% above median its historical median of 4.23. Over the past decade, Dynamic Cables' Interest Coverage has ranged from 1.90 to 16.25. According to the industry distribution chart, Dynamic Cables ranks #1362 out of 2325 companies in the Industrial Products industry, placing it in the top 58.6%.
Is Dynamic Cables' Interest Coverage too high?
Dynamic Cables' current Interest Coverage of 11.39 is 169% above median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 16.25. The Industrial Products industry median Interest Coverage is 14.80. Dynamic Cables' value of 11.39 is 23% below this industry median. Based on the distribution chart, Dynamic Cables ranks #1362 out of 2325 companies in the Industrial Products industry, which is below 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' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Dynamic Cables ranks #1362 out of 2325 companies for Interest Coverage. This places Dynamic Cables in the lower half of its industry. The industry median Interest Coverage is 14.80. Dynamic Cables' value of 11.39 is 23% below this benchmark. Historically, Dynamic Cables' own Interest Coverage has ranged from 1.90 to 16.25 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 14.80, Dynamic Cables has consistently been below 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 Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dynamic Cables's current Interest Coverage of 11.39 is 23% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dynamic Cables and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynamic Cables's current Interest Coverage is 11.39, which is 169% above median its own 10-year median of 4.23. 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 ₹388.83, compared to a current price of ₹367.75 — trading 5.4% below its estimated fair value. The current Interest Coverage is 11.39, which is 169% above median its 10-year median of 4.23 and 23% below the Industrial Products industry median of 14.80. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Dynamic Cables (NSE:DYCL), the current Interest Coverage is 11.39 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 ₹367.75 is trading 5.4% below its estimated GF Value™ of ₹388.83. GuruFocus considers Dynamic Cables to be Fairly Valued.

Key valuation signals for NSE:DYCL:

  • Interest Coverage: 11.39 (169% above median its 10-year median of 4.23)
  • GF Value™: ₹388.83 vs. price of ₹367.75 (5.4% below fair value)
  • GF Score™: 95/100
  • Industry Position: 23% below the Industrial Products median (#1362 of 2325)

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

Get the complete analysis for NSE:DYCL

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

₹367.75
Price
₹388.83
GF Value