DCG Cables

Why is DCG Cables & Wires Ltd falling/rising?

As of 01-Sep, DCG Cables & Wires Ltd's stock price has risen to 67.05, reflecting a 17.84% increase. This surge is driven by strong relative performance, bullish trading trends, and a significant rise in investor participation.

As of 01-Sep, DCG Cables & Wires Ltd is experiencing a significant rise in its stock price, currently at 67.05, which reflects a change of 10.15 or 17.84% increase. This upward movement can be attributed to several key factors. <BR><BR>Firstly, the stock has outperformed the sector by 19.88% today, indicating strong relative performance compared to its peers. Additionally, DCG Cables is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend and positive momentum in the stock's price.<BR><BR>Moreover, there has been a notable increase in investor participation, with a delivery volume of 26.4k on August 31, which has surged by 292.86% compared to the 5-day average delivery volume. This increase in trading activity often reflects growing investor confidence and interest in the stock.<BR><BR>Overall, these factors contribute to the rising price of DCG Cables & Wires Ltd, indicating a strong performance relative to both the sector and historical averages.

Which are the latest news on DCG Cables?

What does DCG Cables do?

DCG Cables & Wires Ltd, a micro-cap company established in 2017, operates in the electrical cables industry and reported net sales of 39 Cr and a net profit of 3 Cr for September 2024. The company has a market cap of INR 102 Cr, a P/E ratio of 12.00, and a debt-equity ratio of 0.60.

Overview: <BR>DCG Cables & Wires Ltd operates in the electrical cables industry and is classified as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated in 2017 as DCG Copper Industries Private Limited and later changed its name to DCG Cables & Wires Private Limited on August 10, 2023. The most recent quarterly results reported net sales and net profit for September 2024.<BR><BR>Financial Snapshot: <BR>Net Sales: 39 Cr (Quarterly Results - Sep 2024) <BR>Net Profit: 3 Cr (Quarterly Results - Sep 2024) <BR>Market Cap: INR 102 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 12.00 <BR>Industry P/E: 48 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.60 <BR>Return on Equity: 9.86% <BR>Price to Book: 1.12 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the DCG Cables?

DCG Cables' peers include Cords Cable, Jainik Power, Plaza Wires, and others, with varying management risks and growth rates. Notably, DCG Cables has excellent growth but a low 1-year return of -19.29%, significantly below peers like Cords Cable, which has a return of 62.73%.

Peers: The peers of DCG Cables are Cords Cable, Jainik Power, Plaza Wires, Bhadora Indust., Rex Pipes&Cables, Marco Cables, CMI, Ultracab India, and B.C. Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jainik Power, Cords Cable, and CMI, while Good management risk is found at Bhadora Indust., Marco Cables, and the rest. Average management risk is present at DCG Cables, Rex Pipes&Cables, and Ultracab India, while Below Average management risk is noted at Plaza Wires and B.C. Power. Growth is Excellent at Jainik Power, Bhadora Indust., and Plaza Wires, while Average growth is seen at Marco Cables and the rest. Below Average growth is indicated at Rex Pipes&Cables, and CMI, while DCG Cables has Excellent growth. Capital Structure is Excellent at Jainik Power, Average at Cords Cable and CMI, while Good is observed at Bhadora Indust. and the rest. Below Average capital structure is noted at Marco Cables, Rex Pipes&Cables, and Ultracab India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cords Cable at 62.73%, while the lowest is DCG Cables at -19.29%. DCG Cables' return is significantly lower than that of its peers. Additionally, Rex Pipes&Cables, Marco Cables, and B.C. Power have negative six-month returns.

How big is DCG Cables?

As of 31st August, DCG Cables & Wires Ltd has a market capitalization of 102.00 Cr, with recent net sales of 87.62 Cr and a net profit of 6.50 Cr. The company's shareholder's funds are 79.15 Cr, and total assets amount to 120.94 Cr.

As of 31st August, DCG Cables & Wires Ltd has a market capitalization of 102.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, DCG Cables reported Net Sales totaling 87.62 Cr and a Net Profit of 6.50 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 79.15 Cr and Total Assets of 120.94 Cr.

Is DCG Cables overvalued or undervalued?

As of November 17, 2025, DCG Cables is considered very attractive and undervalued compared to peers, with favorable valuation metrics such as a PE Ratio of 16.70 and a PEG Ratio of 0.00, despite a challenging year with a YTD return of -36.39%.

As of 17 November 2025, the valuation grade for DCG Cables has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 16.70, an EV to EBIT of 12.55, and an EV to EBITDA of 10.46, which suggest that DCG Cables is positioned favorably relative to its earnings and operational efficiency.<BR><BR>In comparison to its peers, DCG Cables stands out with a PE Ratio significantly lower than Polycab India, which has a PE of 46.98, and Havells India at 63.33. Additionally, the PEG Ratio for DCG Cables is 0.00, indicating strong growth potential without corresponding price inflation. Despite a challenging year with a YTD return of -36.39% compared to the Sensex's 10.02%, the current valuation metrics suggest that DCG Cables presents a compelling investment opportunity in the electrical cables sector.

How has been the historical performance of DCG Cables?

DCG Cables has shown significant growth in net sales, reaching 127.56 Cr in March 2025, up from 54.52 Cr in March 2023, despite rising raw material costs and fluctuating profitability. Total assets also increased to 120.94 Cr, while cash flow from operating activities turned negative.

Answer:<BR>The historical performance of DCG Cables shows a significant growth trajectory in net sales and profitability over the past three years.<BR><BR>Breakdown:<BR>DCG Cables reported net sales of 127.56 Cr in March 2025, up from 101.10 Cr in March 2024 and 54.52 Cr in March 2023, indicating a strong upward trend. Total operating income mirrored this growth, reaching 127.56 Cr in March 2025. However, raw material costs also increased substantially, rising to 118.90 Cr in March 2025 from 86.18 Cr in March 2024 and 50.78 Cr in March 2023. The operating profit (PBDIT) remained relatively stable at 17.16 Cr in March 2025, slightly down from 16.18 Cr in March 2024, but significantly higher than 3.57 Cr in March 2023. Profit before tax was 11.39 Cr in March 2025, a decrease from 12.19 Cr in March 2024, but a notable increase from 2.31 Cr in March 2023. Profit after tax for March 2025 was 8.10 Cr, down from 8.85 Cr in March 2024 but up from 1.68 Cr in March 2023. The company's total assets grew to 120.94 Cr in March 2025 from 85.23 Cr in March 2024 and 35.64 Cr in March 2023, while total liabilities also increased to 120.94 Cr in March 2025 from 85.23 Cr in March 2024. The cash flow from operating activities showed a negative trend, with -23.00 Cr in March 2025 compared to 4.00 Cr in March 2024, although cash flow from financing activities improved significantly to 56.00 Cr in March 2025 from 4.00 Cr in March 2024. Overall, DCG Cables has demonstrated substantial growth in sales and assets, despite fluctuations in profitability and cash flow.

Who are the top shareholders of the DCG Cables?

The top shareholder of DCG Cables is Devangbhai H Patel, who holds 68.29% of the shares. Individual investors own 24.4%, with no pledged promoter holdings, mutual funds, or foreign institutional investors involved.

The top shareholders of DCG Cables are primarily the promoters, with Devangbhai H Patel holding the largest share at 68.29%. There are no pledged promoter holdings, and individual investors collectively hold 24.4% of the shares. Currently, there are no mutual funds or foreign institutional investors (FIIs) involved in the company's shareholding.

What is the technical trend for DCG Cables?

As of April 21, 2025, DCG Cables shows a mildly bearish trend overall, influenced by daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST.

As of 21 April 2025, the technical trend for DCG Cables has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the daily moving averages and Bollinger Bands are both showing mildly bearish signals. The Dow Theory presents a mixed view with a mildly bearish weekly perspective and a mildly bullish monthly outlook. The KST is mildly bullish on the weekly timeframe, but the RSI shows no signal on both weekly and monthly charts. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and Bollinger Bands.

When is the next results date for DCG Cables?

No Upcoming Board Meetings

Has DCG Cables declared dividend?

No Dividend History Available