Thread by @desiwallstreet

Dynamic Cables ~ A Multibagger in the making?
CMP - 62
Mkt Cap - 136cr
Promoter holding - 74%

Read the detailed thread below

(1/9) Co has delivered very good operational performance during past 2 quarters
Q4FY21 PAT of 5.34cr with an EPS of 2.43
Q1FY22 PAT of 5.47cr with an EPS of 2.48
Since its IPO in late 2017, co has shown tremendous growth and further strengthened their Balance Sheet

(2/9) Co targeting 1100cr topline by 2025. FY21 Revenues was 343cr i.e. 3x Revenue tgt in 4 yrs
Co aims to achieve DEBT FREE status by 2025
Co aims to increase its Exports to 40% from current 15%
Co aims to achieve a mkt cap of 1000cr by 2025 i.e. 7.5x in just 4 years

(3/9)Manufacturer and supplier of high quality Cables & Conductors with more than 3 decades of experience
Co is growing continuously by expanding its Capacities, capabilities & Product range by expanding & improving its existing manufacturing facilities

(4/9) Increasing footprints in Railways, Metro, Airport, Solar, Hydro, Wind, Defence, Steel plants, Mines, Infra works
With its newly commissioned 200000 sq ft manufacturing facility at Reengus, Rajasthan, Has emerged as one of the most prominent producer of Cables & Conductors.

(5/9) Co has 3 manufacturing facilities with 350000 sq ft area
Exports to over 42 countries
Co has 250+ domestic clients, 100+ overseas Clients
Commissioned a 200000 sq ft facility for manufacturing 66KV cables
Co has started manufacturing of MV Covered Conductors (MVCC)

(6/9) Products
Bare Conductors
Insulated Conductors
66KV Power Cables
MV Aerial Bunched Cables
MV Power Cables Copper
MV Power Cables Aluminium
LV Aerial Bunched Cables
LV Power Cables Copper/Aluminium
LV Control Cables
LV Concentric Cables
Railway Signaling Cables
Earth Wire

(7/9) Clients include the most reputed names in the industry
▪️Powergrid ▪️Delhi Metro ▪️CIDCO ▪️NTPC ▪️BHEL ▪️Bajaj Electricals ▪️Godrej ▪️Voltas ▪️Siemens ▪️Adani ▪️Tata Power ▪️NCC ▪️BSES ▪️L&T and many more

(8/9) Govt has been implementing various schemes with an aim to provides continuous & uninterrupted electricity supply to all households. This provides a BIG Opportunity for Dynamic Cables to further strengthen its performance

(9/9) Annual Turnover of 1100+ cr could mean PAT in excess of 100cr given the Profit margins in the industry. While cost optimisation measures would provide impetus for margin expansion
Co has guided for a Mkt cap of 1000cr in 2025 which translates into a Price of 450+ per share