Dynamic Cables Limited (DYCL) - Net Assets
Based on the latest financial reports, Dynamic Cables Limited (DYCL) has net assets worth Rs4.10 Billion INR (≈ $44.38 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs6.07 Billion ≈ $65.65 Million USD) and total liabilities (Rs1.97 Billion ≈ $21.28 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. Check DYCL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.10 Billion |
| % of Total Assets | 67.59% |
| Annual Growth Rate | 30.61% |
| 5-Year Change | 219.1% |
| 10-Year Change | 1282.4% |
| Growth Volatility | 21.46 |
Dynamic Cables Limited - Net Assets Trend (2013–2025)
This chart illustrates how Dynamic Cables Limited's net assets have evolved over time, based on quarterly financial data. Also explore DYCL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Dynamic Cables Limited (2013–2025)
The table below shows the annual net assets of Dynamic Cables Limited from 2013 to 2025. For live valuation and market cap data, see Dynamic Cables Limited (DYCL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 3764.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.39 Billion | 63.80% |
| Common Stock | Rs242.29 Million | 6.48% |
| Other Comprehensive Income | Rs3.50 Billion | 93.52% |
| Total Equity | Rs3.74 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 |
|---|---|
|
AgriFORCE Growing Systems Ltd
NASDAQ:AGRI
|
$194.14 Million |
|
Hong Leong Capital Bhd
KLSE:5274
|
$194.17 Million |
|
Windlas Biotech Limited
NSE:WINDLAS
|
$194.17 Million |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
$194.21 Million |
|
Anterogen.Co.Ltd
KQ:065660
|
$194.04 Million |
|
Polaris Infrastructure Inc
TO:PIF
|
$193.99 Million |
|
Solara Active Pharma Sciences Limited
NSE:SOLARA
|
$193.95 Million |
|
Michlol Finance Ltd
TA:MCLL
|
$193.91 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 2024 to 2025, total equity changed from 2,139,518,000 to 3,738,874,000, a change of 1,599,356,000 (74.8%).
- Net income of 648,205,000 contributed positively to equity growth.
- Dividend payments of 11,007,000 reduced retained earnings.
- New share issuances of 965,879,000 increased equity.
- Other comprehensive income increased equity by 3,498,099,000.
- Other factors decreased equity by 3,501,820,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs648.21 Million | +17.34% |
| Dividends Paid | Rs11.01 Million | -0.29% |
| Share Issuances | Rs965.88 Million | +25.83% |
| Other Comprehensive Income | Rs3.50 Billion | +93.56% |
| Other Changes | Rs-3.50 Billion | -93.66% |
| Total Change | Rs- | 74.75% |
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: 2.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 53.75x to 2.35x 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 | Rs370.44 | x |
| 2014-03-31 | Rs8.06 | Rs370.44 | x |
| 2015-03-31 | Rs9.20 | Rs370.44 | x |
| 2016-03-31 | Rs12.29 | Rs370.44 | x |
| 2017-03-31 | Rs18.75 | Rs370.44 | x |
| 2018-03-31 | Rs39.68 | Rs370.44 | x |
| 2019-03-31 | Rs41.66 | Rs370.44 | x |
| 2020-03-31 | Rs49.69 | Rs370.44 | x |
| 2021-03-31 | Rs53.23 | Rs370.44 | x |
| 2022-03-31 | Rs67.06 | Rs370.44 | x |
| 2023-03-31 | Rs80.60 | Rs370.44 | x |
| 2024-03-31 | Rs97.19 | Rs370.44 | x |
| 2025-03-31 | Rs157.53 | Rs370.44 | 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): 17.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.32%
- • Asset Turnover: 1.74x
- • Equity Multiplier: 1.58x
- Recent ROE (17.34%) is above the historical average (15.48%), 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 |
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: $8,502,367,864
- Average return on equity (ROE) among peers: 6.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dynamic Cables Limited (DYCL) | Rs4.10 Billion | 3.43% | 0.48x | $194.13 Million |
| Apar Industries Limited (APARINDS) | $2.88 Billion | -1.23% | 5.59x | $5.36 Billion |
| Amara Raja Batteries Limited (ARE&M) | $13.63 Billion | 26.96% | 0.46x | $1.73 Billion |
| Bharat Bijlee Limited (BBL) | $6.91 Billion | 8.82% | 0.61x | $378.55 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $41.11 Billion | -11.94% | 1.48x | $13.85 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.46 Billion | 2.99% | 1.02x | $25.10 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $49.12 Million |
| Elin Electronics Limited (ELIN) | $1.99 Billion | 14.61% | 1.00x | $65.09 Million |
| Eveready Industries India Limited (EVEREADY) | $5.93 Billion | 2.29% | 0.87x | $263.38 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.22 Billion | 2.32% | 1.72x | $173.57 Million |
About Dynamic Cables Limited
Dynamic Cables Limited manufactures and supplies cables and conductors in India and internationally. The company offers bare and insulated conductors; 66KV power cables; MV and LV aerial bunched, and power copper and aluminum cables; LV control and concentric cables; railway signaling cables; galvanized stay and earth wires; and instrumentation cables. It serves government and private utility and… Read more