DCG Cables & Wires (NSE:DCG) Net-Net Working Capital: ₹-5.97 (As of Mar. 2025)

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NSE:DCG DCG Cables & Wires Ltd NSE:DCG
17 GF Score
Price ₹53.00
! 3 Warning Signs
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What is DCG Cables & Wires Net-Net Working Capital?

DCG Cables & Wires NSE:DCG -2.75% 17 Net-Net Working Capital is ₹-5.97 as of Mar. 2025. GuruFocus rates NSE:DCG with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,343 Industrial Products companies, DCG Cables & Wires ranks worse than 74460.09% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

DCG Cables & Wires's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-5.97.

The industry rank for DCG Cables & Wires's Net-Net Working Capital or its related term are showing as below:

NSE:DCG's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

DCG Cables & Wires  (NSE:DCG) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


DCG Cables & Wires Net-Net Working Capital Related Terms


DCG Cables & Wires Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for DCG Cables & Wires's Net-Net Working Capital 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.

DCG Cables & Wires Net-Net Working Capital Chart

DCG Cables & Wires Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
-0.19 0.22 -3.42 -7.28 -5.97

DCG Cables & Wires Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital -0.19 0.22 -3.42 -7.28 -5.97

NSE:DCG vs VRT, BE: Net-Net Working Capital Comparison

For the Electrical Equipment & Parts subindustry, DCG Cables & Wires's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


DCG Cables & Wires Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DCG Cables & Wires's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where DCG Cables & Wires's Price-to-Net-Net-Working-Capital falls into.


NSE:DCG
17GF Score
DCG Cables & Wires Ltd NSE:DCG
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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DCG Cables & Wires Net-Net Working Capital Calculation

DCG Cables & Wires's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(25.837+0.75 * 135.188+0.5 * 364.849-417.929
-0-0)/18.150
=-5.97

DCG Cables & Wires's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(25.837+0.75 * 135.188+0.5 * 364.849-417.929
-0-0)/18.150
=-5.97

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of ₹-5.97 mean?
DCG Cables & Wires (NSE:DCG) has a Net-Net Working Capital of ₹-5.97 as of Mar. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on DCG Cables & Wires According to the industry distribution chart, DCG Cables & Wires ranks #999999 out of 1343 companies in the Industrial Products industry.
Is DCG Cables & Wires' Net-Net Working Capital too high?
DCG Cables & Wires' current Net-Net Working Capital is ₹-5.97. Based on the distribution chart, DCG Cables & Wires ranks #999999 out of 1343 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, DCG Cables & Wires has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, DCG Cables & Wires ranks #999999 out of 1343 companies for Net-Net Working Capital. This places DCG Cables & Wires in the lower half of its industry. The industry median Net-Net Working Capital is 8.13. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.13, based on 1,343 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on DCG Cables & Wires For the Industrial Products industry, the median Net-Net Working Capital is 8.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCG Cables & Wires's current Net-Net Working Capital is ₹-5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCG Cables & Wires stock overvalued right now?
DCG Cables & Wires (NSE:DCG) has a current Net-Net Working Capital of ₹-5.97. The current Net-Net Working Capital is ₹-5.97. DCG Cables & Wires' overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For DCG Cables & Wires (NSE:DCG), the current Net-Net Working Capital is ₹-5.97 as of Mar. 2025. 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.

DCG Cables & Wires Business Description

Address Survey no 741, Near Atul Green Bricks, Bhayala, Bavla, Ahmedabad, GJ, IND, 382415
DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.
17GF Score

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