What was Dynamic Cables's revenue in Q4 FY26?

Dynamic Cables reported revenue of — in Q4 FY26, a +7% change year-over-year.

Did Dynamic Cables management deliver on previous promises?

Of 1 tracked promise, management 0 met, 0 close, 1 missed.

Dynamic Cables Q4 FY26 Research Workspace: Revenue — (+7%)

Q: What guidance did Dynamic Cables management give?

Long-term revenue growth of 18-20%: Management reiterated its medium-to-long-term revenue growth guidance of 18-20% annually, consistent with past performance.

Revenue — +7%

EBITDA ₹130 Cr +23%

PAT ₹84 Cr +30%

EBITDA Margin 10.8%

Duration 58 min

Read Time 1 min read

Financial stats pending filing verification

2-Minute Summary

✦ AI-Generated from Full Transcript

Dynamic Cables reported a mixed Q4 FY26 with overall revenue growth of 7% YoY, but core product growth of 20% after adjusting for discontinued low-voltage conductors and railway signaling cables. EBITDA rose 23% to ₹130 crore, with margins improving to 10.8% driven by better product mix and cost discipline. PAT grew 30% to ₹84 crore. The order book stood at ₹808 crore, up 11% YoY, but order booking was deferred in March due to raw material price spikes. Management reiterated its long-term 18-20% growth guidance, with new capacity expected to go live by September 2026, supporting H2 FY27. Key risks include further delays in capacity commissioning and sustained raw material volatility impacting order flow.

Promises0 met · 1 missedRisks4 trackedTranscriptfull text

Research workspace

Focused Modules

⚖Claim Ledger 71% answered

Did management answer the analysts?

12 analyst questions audited, 2 evaded or deflected.

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◈Promises 1 promise

Promise Tracker

0 delivered, 0 close, 1 missed.

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!Risks 4 risks

Risk Intelligence

Further delays in capacity expansion

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Quarter Snapshot

Core Product Revenue Growth (Q4) 20%

+20pp YoY

Core power cables and renewable cables grew 20% YoY in Q4, excluding discontinued low-value products.

Order Book ₹808 Cr

+11% YoY

Order book provides strong revenue visibility; growth moderated due to March deferments.

Solar Cables Share of Revenue (FY26) 18%

+8pp YoY

Solar cables contributed 18% of FY26 revenue vs 10% in FY25, driven by renewable demand.

Capacity Utilization (Peak Monthly Turnover) ₹135 Cr/month

flat

Peak monthly turnover capacity is ₹135 Cr; optimal utilization is 85-90%.

Fast read

Guidance and risk preview

Top guidance Long-term revenue growth of 18-20%

Management reiterated its medium-to-long-term revenue growth guidance of 18-20% annually, consistent with past performance.

Top risk Further delays in capacity expansion

The greenfield plant has been delayed by ~15 months due to regulatory approvals, import machinery delays, and Iran war logistics.