Dynamic Cables (DYCL)
Fast GrowerFairStock Score: 61/100 — STEADY
Score breakdown: P/E: 2/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹450.2 |
| Market Cap | ₹2,181.61 Cr |
| P/E Ratio | 23.92 |
| ROCE | 26.37% |
| ROE | 25.05% |
| Dividend Yield | 0.11% |
| Profit Growth | 37% |
| Debt/Equity | 0.09 |
| Sales Growth | 33.2% |
| Promoter Holding | 68.18% |
| 52-Week Range | ₹236.8 — ₹560.4 |
| Sector | Industrial Products |
| Book Value | ₹94.36 |
Strengths
- ROE of 25.05% and ROCE of 26.37% with D/E of just 0.19 indicate capital efficiency without high leverage.
- Profit growth of 41.90% is more than double sales growth of 18.80%, showing strong operating leverage.
- PEG of 0.56 at a P/E of 16.91 suggests reasonable valuation relative to growth.
- Promoter holding of 68.18% aligns owner interests with minority shareholders.
- Piotroski F-Score of 7/9 points to sound financial health.
Concerns
- P/B of 5.35 is rich; paying ₹370.40 for book value of ₹69.22 leaves little asset-based margin of safety.
- Dividend yield of 0.09% is negligible, offering no support if growth disappoints.
- Profit growth of 41.90% may be unsustainable if cable industry margins face input-price or cyclical pressures.
- Price at ₹370.40 is far below the 52-week high of ₹520.00, signaling possible earnings or sentiment weakness.
AI Analysis
Let's start with the numbers that matter most to me. Dynamic Cables earns an ROE of 25.05% and an ROCE of 26.37% while carrying debt/equity of just 0.19. That is a business generating high returns without leaning on leverage, and that is exactly the kind of financial health I look for. Profit growth of 41.90% on sales growth of 18.80% also tells me operating leverage is working; every extra rupee of revenue is dropping more to the bottom line. Promoter holding at 68.18% means owners are aligned with minority shareholders. The latest quarter shows sales of ₹299 Cr and net profit of ₹22 Cr, so the momentum is real. At ₹370.40, the P/E is 16.91 and PEG is 0.56, which is not demanding if the growth story continues. The Piotroski F-Score of 7/9 supports the quality of the financial health. However, I cannot ignore the P/B of 5.35. I am paying a high multiple over book value of ₹69.22, so my margin of safety rests on future earnings growth, not tangible assets. The dividend yield of 0.09% is negligible; this is a compounding story, not an income story. FairStock Score of 57/100 says steady, not spectacular. Is there a durable moat? From these figures I don't see an obvious one; cables can be competitive and input-price sensitive. The stock is also well below its 52-week high of ₹520, which is a reminder that markets already had second thoughts. I would need the order book and margin trend to stay strong before calling this a clear Buffett-style buy.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer