Dynamic Cables Ltd.
Snapshot View

48.30 +0.25 ▲0.5%

30 July 2021, 04:00:00 P.M.
Volume: 23,422

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.fmecinternational.com/www.f-mecinternational.com
Financial Indicators
Market Cap 106.33 Cr.
Earnings per share (EPS) 4.47 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 10.80 Trailing Twelve Months Ending 2021-03
Industry PE 28.11 Trailing Twelve Months Ending 2021-03
Book Value / Share 53.23 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.91 Calculated using Price: 48.30
Dividend Yield 0.52 Period Ending 2020-03
No. of Shares Subscribed 2.20 Cr. 22,014,000 Shares
FaceValue 10
Company Profile

Dynamic Cables was originally formed as a partnership firm under the Partnership Act, 1932 in the name and style of ‘Ashish Fluxes and Chemicals’, pursuant to a deed of partnership entered between Late K.M. Mangal and Late Anil Mangal in 1984. Later the partnership, firm was registered with Registrar of Firms, Jaipur, Rajasthan vide certificate dated October 25, 1988. Further ‘Ashish Fluxes and Chemicals with its branch Dynamic Engineer’ was converted from partnership firm to a Private Limited Company under Part IX of Companies Act, 1956 in the name of ‘Dynamic Cables Private Limited’ vide Certificate of Incorporation dated April 03, 2007, issued by Registrar of Companies, Rajasthan, Jaipur. Subsequently , the company was converted into a public limited company and the name of company was changed from ‘Dynamic Cables Private Limited’ to ‘Dynamic Cables Limited’ vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on August 16, 2017. A fresh Certificate of Incorporation consequent upon conversion into public limited company was granted to company on August 22, 2017 by the Registrar of Companies, Rajasthan, Jaipur.

The company is engaged in manufacturing of Cables and Conductors which widely include manufacturing of Low Voltage and High Voltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor (A.A.C.), All Aluminium Alloy Conductor (A.A.A.C.), Aluminium conductor steel reinforced (A.C.S.R.) Conductors and Service Drop Cables used for transmission and distribution of Electricity. Its manufacturing facilities are distributed in three units located in Jaipur, Rajasthan, with following scope of activities: Unit I - located at: F-259 & F-260, Road No. 13 VKI Area Jaipur 302013, Rajasthan, India; Unit II - located at: B-308, Road No. 16, VKI Area, Jaipur, Rajasthan and Unit III - located at: H-581-A to H-592-A & H1 -601 (B), Road No. 6, VKI Area, Jaipur, Rajasthan.

Business area of the company

The scope of activities covered in Unit I and Unit III are Design, Development, Manufacture, Testing and Supply of LV &MV Aerial Bunched Cable, LT & HT PVC & XLPE Control Cables, LV PVC and XLPE Power Cables, MV Power Cable, Solar Cable, LV PVC Service Cable, Mining Cable, Flat Cables For Submersible Pumps, Flexible Multi Core Cables, Aluminium Conductor Steel Reinforced Conductors (A.C.S.R. Conductors), All Aluminium Conductors (A.A.C) &All Aluminium Alloy Conductors (A.A.A.C.), Insulated Conductor. Further Unit II is involved in Job work activity of Cutting and Notching of Prime CRGO (Cold Rolled Grain Oriented) Electrical Steel for the company’s Group Company Mangal Electrical Industries. The company is also serving sectors like Industrial, Exports, Turnkey projects, Power Distribution Companies, Infrastructure works etc. in India and abroad. It is presently exporting directly and indirectly through merchant exporters to many Countries in the Asian subcontinent, Africa and Middle East. Some of countries where they export are Kenya, Tanzania, TOGO, Nigeria, Benin, Uganda, Rwanda, NEPAL, Mauritius, Afghanistan, Jordan, Dubai etc.

Major events and milestones of the company

  • 1984: Started business as partnership firm in the name and Style of Ashish Fluxes and Chemicals.
  • 1987: Started commercial production for manufacturing of conductors in Unit – I.
  • 2007: Conversion of Ashish Fluxes and Chemicals with its Branch Dynamic Engineer into private Limited Company Dynamic Cables Private Limited.
  • 2009: Started commercial production for manufacturing cables and conductors in Unit – III.
  • 2012: Started job work of Cutting, notching of Prime CRGO Electrical Steel for Mangal Electrical Industries Private Limited in Unit II.
  • 2017: Conversion of company from Private Limited to Limited Company.

Awards and accreditations

  • 2014: Rajasthan Energy Conservation Award 2014 – Recognition received from Rajasthan Renewable Energy Corporation, Jaipur.
  • 2014: Rajasthan Energy Conservation Award 2014 – Certificate of Appreciation received from Government of Rajasthan, Department of Energy for Energy Conservation for the year 2013-14.
  • 2014: Certificate of Appreciation received from Confederation of Indian Industry for participation in E-Waste Awareness and Collection Campaign.
  • 2014: Recognition received from Godrej for association and contribution to their business and partnering for growth.
  • 2017: Rajasthan State Award for Export Excellance – Recognistion received from Government of Rajasthan, Department of Industries on September 17, 2017 for best performance in the category of Engineering & Computer Hardware during the year 2013-14.


Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.52%
1 Week
-5.85%
1 Month
3 Month
+75.32%
6 Month
+71.89%
1 Year
+100.41%
2 Year
+48.62%
5 Year
8 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 3.43 9.54 13.36 28.74 23.30 13.17 26.07 18.22
Return on Capital Employed (%) 12.50 14.75 13.85 21.70 17.05 12.49 21.33 17.23
Return on Assets (%) 0.55 1.60 2.15 4.61 4.75 3.59 8.01 6.18

Balance Sheet View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 15 18 20 27 42 71 92 109
Non Curr. Liab. 23 29 25 30 37 55 52 49
Curr. Liab. 56 56 87 104 98 112 148 142
Minority Int.
Equity & Liab. 94 103 133 161 176 238 292 301
Non Curr. Assets 20 19 19 20 42 64 68 58
Curr. Assets 74 83 115 141 134 174 224 243
Misc. Exp. not W/O
Total Assets 94 103 133 161 176 238 292 301

Profit Loss View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 176 197 260 268 300 357 527 429
Other Income 1 2 2 2 5 3 6 3
Total Income 177 199 262 270 305 360 532 431
Total Expenditure -169 -189 -251 -247 -281 -337 -478 -383
PBIDT 9 10 11 22 23 23 54 48
Interest -6 -6 -5 -11 -9 -9 -13 -15
Depreciation -2 -2 -2 -2 -2 -2 -8 -9
Taxation 0 -1 -1 -3 -4 -4 -11 -6
Exceptional Items 0
PAT 1 2 3 7 8 7 21 18

Cash Flow View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 4 8 10 -39 22 -23 18 37
Cash Fr. Inv. -1 -1 -1 -3 -14 -31 -9 -8
Cash Fr. Finan. 0 -4 2 33 -6 52 -9 -29
Net Change 2 3 11 -9 2 -2 0 0
Cash & Cash Eqvt 7 10 21 12 2 0 0 0

Shareholding Pattern View Details

9 Qtrs 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 73.45 73.59 74.04 74.05 74.05 74.07 74.11 74.16 74.16
Public 26.55 26.41 25.96 25.95 25.95 25.93 25.89 25.84 25.84
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 08 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Honey Chordia
Designation :- Company Secretary and Compliance Officer
Sat, 03 Jul 2021
Related Party Transactions
Related Party Transactions
Wed, 30 Jun 2021
Closure of Trading Window
Closure of Trading Window

Technical Scans View Details

Fri, 30 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Polycab India Ltd. 27,614.20 1,851.25 +2.0%
Sterlite Technologies Ltd. 11,579.03 291.80 -0.1%
Finolex Cables Ltd. 7,997.96 522.95 0.0%
KEI Industries Ltd. 6,365.36 708.40 -1.9%
Olectra Greentech Ltd. 2,475.56 301.60 +5.0%
Centum Electronics Ltd. 698.23 541.90 +1.2%
Universal Cables Ltd. 641.52 184.90 +1.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Polycab India Ltd. Consolidated 2021-06 32.93 1,851.25 +2.0%
Sterlite Technologies Ltd. Consolidated 2021-06 30.06 291.80 -0.1%
Finolex Cables Ltd. Consolidated 2021-03 17.33 522.95 0.0%
KEI Industries Ltd. Consolidated 2021-03 23.29 708.40 -1.9%
Olectra Greentech Ltd. Consolidated 2021-06 171.06 301.60 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 40.70 541.90 +1.2%
Universal Cables Ltd. Consolidated 2021-03 9.54 184.90 +1.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Polycab India Ltd. Consolidated 2021-06 5.75 1,851.25 +2.0%
Sterlite Technologies Ltd. Consolidated 2021-06 5.56 291.80 -0.1%
Finolex Cables Ltd. Consolidated 2021-03 2.34 522.95 0.0%
KEI Industries Ltd. Consolidated 2021-03 3.58 708.40 -1.9%
Olectra Greentech Ltd. Consolidated 2021-06 3.34 301.60 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 3.13 541.90 +1.2%
Universal Cables Ltd. Consolidated 2021-03 0.56 184.90 +1.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Polycab India Ltd. Consolidated 2021-03 0.05 1,851.25 +2.0%
Sterlite Technologies Ltd. Consolidated 2020-03 1.29 291.80 -0.1%
Finolex Cables Ltd. Consolidated 2020-03 0.00 522.95 0.0%
KEI Industries Ltd. Consolidated 2020-03 0.25 708.40 -1.9%
Olectra Greentech Ltd. Consolidated 2020-03 0.03 301.60 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 1.42 541.90 +1.2%
Universal Cables Ltd. Consolidated 2020-03 0.66 184.90 +1.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 20.77 1,851.25 +2.0%
Sterlite Technologies Ltd. Consolidated 2020-03 23.69 291.80 -0.1%
Finolex Cables Ltd. Consolidated 2020-03 10.92 522.95 0.0%
KEI Industries Ltd. Consolidated 2020-03 22.60 708.40 -1.9%
Olectra Greentech Ltd. Consolidated 2020-03 2.00 301.60 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 6.13 541.90 +1.2%
Universal Cables Ltd. Consolidated 2020-03 2.60 184.90 +1.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 24.86 1,851.25 +2.0%
Sterlite Technologies Ltd. Consolidated 2020-03 18.50 291.80 -0.1%
Finolex Cables Ltd. Consolidated 2020-03 15.19 522.95 0.0%
KEI Industries Ltd. Consolidated 2020-03 28.11 708.40 -1.9%
Olectra Greentech Ltd. Consolidated 2020-03 4.22 301.60 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 9.35 541.90 +1.2%
Universal Cables Ltd. Consolidated 2020-03 10.42 184.90 +1.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 8,926.54 1,851.25 +2.0%
Sterlite Technologies Ltd. Consolidated 2020-03 5,160.64 291.80 -0.1%
Finolex Cables Ltd. Consolidated 2020-03 2,877.30 522.95 0.0%
KEI Industries Ltd. Consolidated 2020-03 4,887.80 708.40 -1.9%
Olectra Greentech Ltd. Consolidated 2020-03 200.52 301.60 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 817.43 541.90 +1.2%
Universal Cables Ltd. Consolidated 2020-03 1,568.96 184.90 +1.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 886.14 1,851.25 +2.0%
Sterlite Technologies Ltd. Consolidated 2020-03 424.44 291.80 -0.1%
Finolex Cables Ltd. Consolidated 2020-03 313.41 522.95 0.0%
KEI Industries Ltd. Consolidated 2020-03 256.30 708.40 -1.9%
Olectra Greentech Ltd. Consolidated 2020-03 13.53 301.60 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 13.11 541.90 +1.2%
Universal Cables Ltd. Consolidated 2020-03 24.38 184.90 +1.5%