Dynamic Cables Limited (DYCL) - Net Assets

Latest as of March 2026: Rs4.57 Billion INR ≈ $49.45 Million USD

Based on the latest financial reports, Dynamic Cables Limited (DYCL) has net assets worth Rs4.57 Billion INR (≈ $49.45 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs6.83 Billion ≈ $73.83 Million USD) and total liabilities (Rs2.25 Billion ≈ $24.38 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See Dynamic Cables Limited (DYCL) net asset quality to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs4.57 Billion
% of Total Assets	66.98%
Annual Growth Rate	29.95%
5-Year Change	209.74%
10-Year Change	1007.53%
Growth Volatility	20.79

Dynamic Cables Limited - Net Assets Trend (2013–2026)

This chart illustrates how Dynamic Cables Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Dynamic Cables Limited.

Annual Net Assets for Dynamic Cables Limited (2013–2026)

The table below shows the annual net assets of Dynamic Cables Limited from 2013 to 2026. Also explore Dynamic Cables Limited equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs4.57 Billion ≈ $49.45 Million	+22.29%
2025-03-31	Rs3.74 Billion ≈ $40.43 Million	+74.75%
2024-03-31	Rs2.14 Billion ≈ $23.14 Million	+20.58%
2023-03-31	Rs1.77 Billion ≈ $19.19 Million	+20.19%
2022-03-31	Rs1.48 Billion ≈ $15.96 Million	+25.99%
2021-03-31	Rs1.17 Billion ≈ $12.67 Million	+7.12%
2020-03-31	Rs1.09 Billion ≈ $11.83 Million	+19.25%
2019-03-31	Rs917.19 Million ≈ $9.92 Million	+28.91%
2018-03-31	Rs711.51 Million ≈ $7.69 Million	+72.34%
2017-03-31	Rs412.85 Million ≈ $4.46 Million	+52.64%
2016-03-31	Rs270.46 Million ≈ $2.92 Million	+33.57%
2015-03-31	Rs202.49 Million ≈ $2.19 Million	+14.13%
2014-03-31	Rs177.43 Million ≈ $1.92 Million	+16.94%
2013-03-31	Rs151.72 Million ≈ $1.64 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Dynamic Cables Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 5115.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs3.22 Billion	70.40%
Common Stock	Rs484.59 Million	10.60%
Other Comprehensive Income	Rs-6.15 Million	-0.13%
Other Components	Rs874.98 Million	19.14%
Total Equity	Rs4.57 Billion	100.00%

Dynamic Cables Limited Competitors by Market Cap

The table below lists competitors of Dynamic Cables Limited ranked by their market capitalization.

Company	Market Cap
DingZing Advanced Materials Inc. TW:6585	$239.76 Million
ICP DAS Co Ltd TWO:3577	$239.82 Million
Repco Home Finance Limited NSE:REPCOHOME	$239.85 Million
G1 Secure Solutions Ltd TA:GOSS	$239.96 Million
Fynske Bank A/S CO:FYNBK	$239.57 Million
Socovesa SN:SOCOVESA	$239.52 Million
Synopex Inc KQ:025320	$239.41 Million
Immersion Corporation NASDAQ:IMMR	$239.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Dynamic Cables Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 3,738,874,000 to 4,572,426,000, a change of 833,552,000 (22.3%).
Net income of 844,366,000 contributed positively to equity growth.
Dividend payments of 12,115,000 reduced retained earnings.
Other comprehensive income decreased equity by 906,999.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs844.37 Million	+18.47%
Dividends Paid	Rs12.12 Million	-0.26%
Other Comprehensive Income	Rs-907.00K	-0.02%
Other Changes	Rs2.21 Million	+0.05%
Total Change	Rs-	22.29%

Book Value vs Market Value Analysis

This analysis compares Dynamic Cables Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 4.85x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 66.37x to 4.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-03-31	Rs6.89	Rs457.40	x
2014-03-31	Rs8.06	Rs457.40	x
2015-03-31	Rs9.20	Rs457.40	x
2016-03-31	Rs12.29	Rs457.40	x
2017-03-31	Rs18.75	Rs457.40	x
2018-03-31	Rs39.68	Rs457.40	x
2019-03-31	Rs41.66	Rs457.40	x
2020-03-31	Rs49.69	Rs457.40	x
2021-03-31	Rs53.23	Rs457.40	x
2022-03-31	Rs67.06	Rs457.40	x
2023-03-31	Rs80.60	Rs457.40	x
2024-03-31	Rs97.19	Rs457.40	x
2025-03-31	Rs157.53	Rs457.40	x
2026-03-31	Rs94.33	Rs457.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dynamic Cables Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 18.47%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.05%
• Asset Turnover: 1.75x
• Equity Multiplier: 1.49x
Recent ROE (18.47%) is above the historical average (15.69%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	3.43%	0.30%	1.88x	6.18x	Rs-9.97 Million
2014	8.85%	0.80%	1.92x	5.79x	Rs-2.04 Million
2015	12.53%	0.97%	1.96x	6.58x	Rs5.13 Million
2016	25.13%	2.54%	1.66x	5.97x	Rs40.92 Million
2017	19.18%	2.64%	1.71x	4.26x	Rs37.92 Million
2018	10.44%	2.08%	1.50x	3.35x	Rs3.14 Million
2019	23.15%	4.04%	1.80x	3.18x	Rs120.60 Million
2020	16.66%	4.26%	1.42x	2.75x	Rs72.89 Million
2021	8.40%	2.88%	1.15x	2.53x	Rs-18.72 Million
2022	20.93%	5.48%	1.61x	2.37x	Rs161.38 Million
2023	17.48%	4.64%	1.66x	2.27x	Rs132.70 Million
2024	17.65%	4.92%	1.54x	2.33x	Rs163.76 Million
2025	17.34%	6.32%	1.74x	1.58x	Rs274.32 Million
2026	18.47%	7.05%	1.75x	1.49x	Rs387.12 Million

Industry Comparison

This section compares Dynamic Cables Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $6,818,127,766
Average return on equity (ROE) among peers: 10.51%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dynamic Cables Limited (DYCL)	Rs4.57 Billion	3.43%	0.49x	$239.71 Million
Apar Industries Limited (APARINDS)	$11.08 Billion	13.06%	2.85x	$8.19 Billion
Amara Raja Batteries Limited (ARE&M)	$21.16 Billion	23.24%	0.39x	$1.58 Billion
Bharat Bijlee Limited (BBL)	$2.82 Billion	26.11%	0.87x	$269.89 Million
CG Power and Industrial Solutions Limited (CGPOWER)	$9.97 Billion	28.25%	3.20x	$15.20 Billion
Cords Cable Industries Limited (CORDSCABLE)	$1.09 Billion	2.49%	1.61x	$50.91 Million
De Nora India Limited (DENORA)	$532.25 Million	2.98%	0.23x	$44.91 Million
Elin Electronics Limited (ELIN)	$3.03 Billion	12.93%	0.76x	$47.59 Million
Eveready Industries India Limited (EVEREADY)	$5.55 Billion	3.50%	1.10x	$260.19 Million
Exicom Tele-Systems Limited (EXICOM)	$6.14 Billion	-17.93%	1.72x	$246.19 Million

About Dynamic Cables Limited

NSE:DYCL India Electrical Equipment & Parts

Market Cap

$239.71 Million

Rs22.16 Billion INR

Market Cap Rank

#15942 Global

#811 in India

Share Price

Rs457.40

Change (1 day)

+3.40%

52-Week Range

Rs240.90 - Rs544.30

All Time High

Rs1060.25