Dynamic CablesNSE:DYCL +6.76%95 ROE % is 21.15% as of Mar. 2026, which is 7% above its 10-year median of 19.81. GuruFocus rates NSE:DYCL with a GF Score™ of 95/100 and a GF Value™ of ₹388.25 (Fairly Valued). Among 3,004 Industrial Products companies, Dynamic Cables ranks better than 89.95% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dynamic Cables's annualized net income for the quarter that ended in Mar. 2026 was ₹967 Mil. Dynamic Cables's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹4,572 Mil. Therefore, Dynamic Cables's annualized ROE % for the quarter that ended in Mar. 2026 was 21.15%.
The historical rank and industry rank for Dynamic Cables's ROE % or its related term are showing as below:
NSE:DYCL'
s ROE % Range Over the Past 10 Years
Min: 8.75 Med: 19.81 Max: 26.29
Current: 20.4
During the past 13 years, Dynamic Cables's highest ROE % was 26.29%. The lowest was 8.75%. And the median was 19.81%.
NSE:DYCL's ROE % is ranked better than 89.95% of 3004
companies
in the Industrial Products industry
Industry Median: 5.865
vs NSE:DYCL: 20.40
Dynamic Cables (NSE:DYCL) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Dynamic Cables ROE % Related Terms
Dynamic Cables ROE % Historical Data
* Premium members only.
The historical data trend for Dynamic Cables's ROE % 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.
For the Electrical Equipment & Parts subindustry, Dynamic Cables's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dynamic Cables's ROE % distribution charts can be found below:
* The bar in red indicates where Dynamic Cables's ROE % falls into.
* 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 the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Dynamic Cables (NSE:DYCL) has a ROE % of 21.15% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dynamic Cables and its competitors. This is near median its historical median of 19.81. Over the past decade, Dynamic Cables' ROE % has ranged from 8.75 to 26.29. According to the industry distribution chart, Dynamic Cables ranks #302 out of 3004 companies in the Industrial Products industry, placing it in the top 10.1%.
Is Dynamic Cables' ROE % too high?
Dynamic Cables' current ROE % of 21.15% is near median its 10-year median of 19.81. Over the past 10 years, this metric has ranged from a low of 8.75 to a high of 26.29. The Industrial Products industry median ROE % is 5.87. Dynamic Cables' value of 21.15% is 260.6% above this industry median. Based on the distribution chart, Dynamic Cables ranks #302 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. 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' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Dynamic Cables ranks #302 out of 3004 companies for ROE %. This places Dynamic Cables in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 5.87. Dynamic Cables' value of 21.15% is 260.6% above this benchmark. Historically, Dynamic Cables' own ROE % has ranged from 8.75 to 26.29 over the past decade. While the company's 10-year median is 19.81 vs. the industry median of 5.87, 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dynamic Cables's current ROE % of 21.15% is 260.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dynamic Cables and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynamic Cables's current ROE % is 21.15%, which is near median its own 10-year median of 19.81. 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 ₹388.25, compared to a current price of ₹377.40 — trading 2.8% below its estimated fair value. The current ROE % is 21.15%, which is near median its 10-year median of 19.81 and 260.6% above the Industrial Products industry median of 5.87. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Dynamic Cables (NSE:DYCL), the current ROE % is 21.15% 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 ₹377.40 is trading 2.8% below its estimated GF Value™ of ₹388.25.
GuruFocus considers Dynamic Cables to be Fairly Valued.
Key valuation signals for NSE:DYCL:
ROE %: 21.15% (near median its 10-year median of 19.81)
GF Value™: ₹388.25 vs. price of ₹377.40 (2.8% below fair value)
Industry Position: 260.6% above the Industrial Products median (#302 of 3004)
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 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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