DYNAMIC CABLES Q2 CONCALL : H1 REVENUE JUMPS 31%, PAT GROWS 24%; MANAGEMENT RETAINS 20% LONG-TERM REVENUE CAGR TARGET & 10–11% EBITDA MARGIN GUIDANCE

• MANAGEMENT REITERATES LONG-TERM REVENUE GROWTH TARGET OF APPROXIMATELY 20% CAGR, SUPPORTED BY STRONG POWER TRANSMISSION, DISTRIBUTION & INFRASTRUCTURE DEMAND • MANAGEMENT MAINTAINS EBITDA MARGIN GUIDANCE OF 10–11%, DESPITE QUARTERLY PRODUCT-MIX FLUCTUATIONS & COMMODITY PRICE VOLATILITY • MANAGEMENT EXPECTS NEW MANUFACTURING FACILITY TO START CONTRIBUTING REVENUE DURING H2 FY27, WITH PRODUCTION RAMP-UP OVER THE NEXT 3–4 QUARTERS • MANAGEMENT EXPECTS NEW ₹40–45 CR MANUFACTURING FACILITY TO GENERATE POTENTIAL ANNUAL REVENUE OF ₹240–250 CR AT OPTIMAL UTILISATION • MANAGEMENT EXPECTS NEW CAPACITY TO SUPPORT ORDER BOOK GROWTH OVER THE NEXT 4–5 QUARTERS, WHILE EVALUATING FURTHER EXPANSION DURING THE NEXT 18–24 MONTHS • H1 FY27 REVENUE GREW 31% YOY TO ₹712 CR FROM ₹543 CR, SUPPORTED BY HIGHER SALES & COMMODITY-LINKED REALISATIONS • H1 OPERATING PROFIT INCREASED 29% YOY TO ₹74.3 CR, WITH OPERATING MARGIN AT 10.44% • H1 NET PROFIT GREW 24% YOY TO ₹47.1 CR, REFLECTING HEALTHY REVENUE GROWTH & OPERATING PERFORMANCE • ORDER BOOK STOOD AT APPROXIMATELY ₹829 CR, WITH MANAGEMENT HIGHLIGHTING IMPROVING ORDER MOMENTUM FOLLOWING MODERATION IN ALUMINIUM PRICES • Q2 SALES VOLUME GREW APPROXIMATELY 6%, WHILE PRODUCT MIX COMPRISED 65% HIGH-TENSION CABLES, 28% LOW-TENSION CABLES & 7% CONDUCTORS AND OTHER PRODUCTS • H1 REVENUE MIX COMPRISED 69% PRIVATE CUSTOMERS, 23% GOVERNMENT & 8% EXPORTS, WITH REPEAT CUSTOMERS CONTRIBUTING APPROXIMATELY 70–80% OF ANNUAL SALES • APPROXIMATELY 80–90% OF CONTRACTS INCLUDE PRICE-VARIATION CLAUSES, HELPING PROTECT MARGINS AGAINST RAW MATERIAL PRICE FLUCTUATIONS • RECEIVABLE DAYS IMPROVED TO BELOW 60 DAYS, WHILE MANAGEMENT TARGETS FINANCE COSTS BELOW 15% OF EBITDA AGAINST APPROXIMATELY 10–11% DURING H1 • EXISTING MANUFACTURING ASSETS HAVE ESTIMATED ANNUAL REVENUE CAPACITY OF ₹1,400–1,500 CR, EXCLUDING NEW PLANT POTENTIAL; COMPANY IS ALSO DEVELOPING SOLAR & DATA CENTRE CABLE OPPORTUNITIES • MANAGEMENT REMAINS POSITIVE ON DOMESTIC POWER INFRASTRUCTURE DEMAND, CAPACITY EXPANSION & ORDER VISIBILITY, BUT EXPORT DISRUPTIONS, COMMODITY VOLATILITY, PRODUCT-MIX CHANGES & NEW PLANT RAMP-UP REMAIN KEY RISKS

DYNAMIC CABLES LIMITED

← Back to feed