Recent Price Movement and Market Context
On 20 Jan 2026, Dynemic Products Ltd’s share price fell by 1.39%, underperforming its sector by 1.49%. The stock has declined consecutively over the past three trading days, resulting in a cumulative loss of 5.62% during this period. This recent slide culminated in the stock touching Rs.220.2, its lowest level in the past 52 weeks, down sharply from its 52-week high of Rs.414.7.
Technical indicators show the stock trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling a persistent bearish momentum. This contrasts with the broader market, where the Sensex, despite a recent three-week decline of 3.27%, remains 3.86% below its own 52-week high of 86,159.02 points.
Financial Performance and Fundamental Metrics
Dynemic Products Ltd’s financial results have exhibited subdued growth and profitability challenges. The company reported its lowest quarterly net sales at Rs.89.31 crores and a PBDIT of Rs.12.29 crores in the September 2025 quarter. Over the last five years, the company’s operating profits have contracted at a compound annual growth rate (CAGR) of -0.71%, indicating a decline in core earnings capacity.
Return on Equity (ROE) averaged 6.20%, reflecting modest profitability relative to shareholders’ funds. Additionally, the company’s debt servicing capability remains constrained, with a Debt to EBITDA ratio of 3.14 times, highlighting elevated leverage levels. These factors contribute to the company’s current Mojo Grade of Strong Sell, upgraded from Sell on 21 Nov 2025, with a Mojo Score of 23.0, underscoring the cautious stance on the stock’s outlook.
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Comparative Performance and Valuation
Over the past year, Dynemic Products Ltd’s stock has delivered a negative return of 40.04%, significantly lagging the Sensex’s positive 7.69% gain over the same period. The stock has also underperformed the BSE500 index across multiple time frames, including the last three years, one year, and three months, indicating persistent relative weakness.
Despite these challenges, the company’s Return on Capital Employed (ROCE) stands at a moderate 10.9%, and it maintains an attractive valuation with an Enterprise Value to Capital Employed ratio of 1.1. The stock currently trades at a discount relative to its peers’ historical average valuations, supported by a PEG ratio of 0.4, reflecting the relationship between its price-to-earnings ratio and earnings growth rate. Notably, the company’s profits have risen by 47% over the past year, a positive contrast to the stock’s price performance.
Shareholding and Market Position
The majority of Dynemic Products Ltd’s shares are held by non-institutional investors, which may influence liquidity and trading dynamics. The company operates within the Specialty Chemicals industry, a sector that has experienced mixed performance amid broader market fluctuations.
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Sector and Market Environment
The broader market environment has been challenging, with the Sensex declining by 3.27% over the last three weeks. On the day Dynemic Products Ltd hit its 52-week low, the Sensex fell by 252.40 points, or 0.35%, closing at 82,954.98. The index remains below its 50-day moving average, although the 50-day average itself is positioned above the 200-day moving average, indicating mixed technical signals for the market overall.
Within this context, Dynemic Products Ltd’s underperformance relative to both its sector and the broader market highlights the specific pressures facing the company’s stock price.
Summary of Key Metrics
To summarise, Dynemic Products Ltd’s key financial and market metrics as of 20 Jan 2026 are:
- New 52-week low price: Rs.220.2
- 52-week high price: Rs.414.7
- One-year stock return: -40.04%
- Sensex one-year return: +7.69%
- Debt to EBITDA ratio: 3.14 times
- Return on Equity (average): 6.20%
- Return on Capital Employed: 10.9%
- Enterprise Value to Capital Employed: 1.1
- Mojo Score: 23.0 (Strong Sell)
- Recent quarterly net sales: Rs.89.31 crores
- Recent quarterly PBDIT: Rs.12.29 crores
These figures collectively illustrate the stock’s current valuation and performance challenges within the Specialty Chemicals sector.
Conclusion
Dynemic Products Ltd’s decline to a 52-week low of Rs.220.2 reflects a combination of subdued financial results, elevated leverage, and sustained underperformance relative to market benchmarks. The stock’s technical indicators and fundamental metrics continue to signal caution, with the company’s Mojo Grade recently downgraded to Strong Sell. While the broader market shows mixed signals, Dynemic Products Ltd remains under pressure amid sector and company-specific factors.
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