🏢 About the Company:
Dynamic Cables Limited is a Government Recognised Two Star Export House, part of the Mangal Group, and is certified under ISO 9001:2015, 14001:2015 & 45001:2018 standards. Incorporated in 2007 and headquartered in Jaipur, Rajasthan, the company manufactures power infrastructure products such as power cables, control cables, and aerial bunched cables used in electricity distribution. Its primary clientele includes state electricity boards, private utilities, and contractors, with a steadily growing export base.
📊 Key Market Data:
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Stock Symbol (BSE): 540795
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Stock Symbol (NSE): DYCL
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Current Market Price (CMP): ₹735.10 (as on May 13, 2025)
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Face Value: ₹10
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Dividend Yield (Post Announcement): Approx. 0.17%
✨ Financial Highlights and Strategic Announcements:
📌 The Board of Directors met on May 13, 2025 and made several important decisions, including the approval of audited financial results for FY 2024–25. Key points are outlined below:
🔍 Detailed Content:
Dynamic Cables Limited has announced its audited financial results for the quarter and year ended March 31, 2025. The company recorded a total income of ₹77,149.22 lakhs for the fiscal year, with a net profit of ₹5,076.58 lakhs, reflecting consistent growth over the previous fiscal year. Operating profit before tax stood at a healthy ₹8,568.44 lakhs.
The Board also declared a final dividend of ₹0.50 per equity share (5%) for FY 2024–25, subject to shareholder approval at the upcoming 18th Annual General Meeting scheduled for June 30, 2025. The record date for dividend eligibility is fixed as June 23, 2025.
In terms of strategic governance, the Board approved the reappointment of Mr. Ashish Mangal as Managing Director for a term of three years starting July 21, 2025. The decision aligns with the long-term leadership goals of the company and strengthens operational continuity.
Furthermore, the Board confirmed the appointment of M/s V. M. & Associates as Secretarial Auditors, M/s DLS & Associates LLP as Internal Auditors, and M/s Maharwal & Associates as Cost Auditors for the financial year 2025–26. These appointments underscore the company’s commitment to transparency and regulatory compliance.
On the investment front, Dynamic Cables raised ₹9,658.79 lakhs via preferential allotment in June 2024, of which ₹6,060.07 lakhs were utilized as per the stated objectives, while the remaining ₹3,598.71 lakhs were temporarily invested in mutual funds.
Cash flow from operating activities remains strong, supported by improved working capital management and efficient tax planning. A disciplined capital expenditure strategy has been observed, with steady investments in infrastructure and technology enhancement.
The audit report issued by A Bafna & Co. confirms that the financial results give a true and fair view and are presented in accordance with the applicable Indian Accounting Standards (Ind AS). Notably, the auditors provided an unmodified opinion, confirming no discrepancies or adverse findings in the financial reporting process.
🔻 Pointwise Summary:
📌 Audited Financials:
➤ Revenue: ₹77,149.22 lakhs
➤ Net Profit: ₹5,076.58 lakhs
➤ EBITDA: ₹8,568.44 lakhs
📌 Dividend:
💰 ₹0.50/share final dividend declared (5%)
🗓️ Record Date: June 23, 2025
📝 Approval at AGM: June 30, 2025
📌 Appointments:
👔 Reappointment of MD: Mr. Ashish Mangal
🔏 Secretarial Auditor: M/s V. M. & Associates
🧾 Cost Auditor: M/s Maharwal & Associates
📊 Internal Auditor: M/s DLS & Associates LLP
📌 Capital Raise & Use:
📈 ₹9,658.79 lakhs raised (June 2024)
💼 ₹6,060.07 lakhs used as planned
📊 ₹3,598.71 lakhs parked in mutual funds
📌 Audit Opinion:
✅ Clean audit (unmodified opinion) by A Bafna & Co.
📉 Effect on Share Market:
Dynamic Cables’ announcement of a solid profit, efficient use of raised capital, and shareholder-friendly dividend policy is likely to boost investor confidence, especially among retail and long-term investors. Short-term traders might see a mild price uptick, while institutions may take note of governance stability and financial prudence.
🧩 How This Helps Retail Traders:
🔹 Dividend Income: Assured cash flow for dividend investors.
🔹 Transparency: Clear audit opinion increases trust.
🔹 Reinvestment Strategy: Efficient fund allocation = growth potential.
🔹 Leadership Continuity: Reappointment of MD ensures strategic stability.
💬 Chat Simulation Demo:
User: Is Dynamic Cables a good stock to invest in after this result?
ChatGPT: Given its solid financials, clean audit, and dividend announcement, Dynamic Cables looks attractive, especially for long-term holders and dividend investors. However, always consider your risk profile before investing.
💡 User Engagement Phrase:
💬 “Did this result surprise you? Drop your thoughts in the comments – are you buying DYCL this quarter?”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
