Dynamic Cables Limited Earnings Summary — Q1 FY2027
Dynamic Cables Reports Strong Revenue and Profit Growth in Q1 FY2027
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 1.8% sequentially in Q1 FY2027.
- Revenue of ₹349 Cr is 33.2% higher year-on-year.
- Revenue has compounded at 17.9% annualised over the last 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹25 Cr is 37.0% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 30.2% annualised across the period.
- Operating margin stands at 10.9% in Q1 FY2027.
- Operating margin expanded by 61 bps year-on-year.
- Over the last two years operating margin has expanded by 41 bps.
- PBT margin is 9.6%.
- Expense growth of 32.3% remained below revenue growth of 33.2%.
- Operating profit of ₹38 Cr is 41.1% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 74/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 349 | 355 | 299 | 282 | 262 | 331 | 252 | 234 | 209 | 241 |
| Expenses | Improving | 311 | 318 | 265 | 251 | 235 | 297 | 226 | 210 | 187 | 215 |
| Operating Profit | Improving | 38 | 38 | 34 | 31 | 27 | 34 | 26 | 24 | 22 | 25 |
| Operating Margin | Stable | 10.9% | 10.6% | 11.5% | 10.9% | 10.3% | 10.3% | 10.2% | 10.1% | 10.5% | 10.6% |
| Other Income | Volatile | 1 | 1 | 2 | 1 | 3 | 1 | 2 | 2 | 1 | 1 |
| Interest | Softening | 3 | 3 | 3 | 3 | 3 | 2 | 4 | 5 | 5 | 5 |
| Depreciation | Stable | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit Before Tax | Improving | 33 | 32 | 30 | 26 | 24 | 31 | 21 | 18 | 16 | 18 |
| Tax | Improving | 9 | 8 | 8 | 7 | 6 | 7 | 5 | 4 | 4 | 5 |
| Net Profit | Improving | 25 | 24 | 22 | 20 | 18 | 24 | 16 | 14 | 12 | 14 |
| Net Margin | Stable | 7.2% | 6.8% | 7.5% | 7.0% | 7.0% | 7.1% | 6.3% | 5.9% | 5.6% | 5.7% |
Key Takeaways
- Revenue for Q1 FY2027 grew by 33.2% year-on-year to ₹349.1 crore, driven by robust infrastructure demand.
- Net profit increased to ₹24.95 crore, representing a 37% growth compared to the ₹18.21 crore reported in the same quarter last year.
- Earnings Per Share (EPS) for the quarter stood at ₹5.15, benefiting from the full effect of the 1:1 bonus issue finalized in July 2025.
- The company successfully utilized ₹91.5 crore of the ₹96.59 crore raised via preferential issue, with the remainder invested in mutual funds.
- Operating performance remained resilient despite raw material volatility, with expenses dominated by materials at ₹313.4 crore.
- Management noted no material impact from the new Labour Codes, though they continue to monitor state-level finalizations.
Management Guidance
Management remains focused on expanding its global footprint through exports and maintaining its position as a preferred supplier for solar projects.
Sentiment Shift
Improving
The company continues to demonstrate strong year-on-year growth in both top and bottom lines, backed by successful capital utilization and technical expansion into high-value cable segments.
Outlook
Dynamic Cables is well-positioned to benefit from India's renewable energy and infrastructure tailwinds, particularly in the high-voltage (HV) and extra-high-voltage (EHV) segments.
From the Annual Report (Key Quotes)
“The figures of the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of full financial year 2025-26 and the published year to date figures.”
“As a result of the bonus issue, the paid-up capital of the Company stands increased to Rs. 4845.86 Lakhs.”
“The Company continues to monitor the finalisation of Central / State Rules... on other aspects of the Labour Code.”
Official Quarterly Documents
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This summary is AI-generated from Dynamic Cables Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.