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Dynamic Industries Ltd (524818)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524818 NSE: Dyes & Pigments | Small Cap | Dynamic Inds Share Price

₹112.90 5.90 (5.51%)

As on 09-Jun'26 16:59

Dynamic Industries Ltd (524818)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524818 NSE: Dyes & Pigments | Small Cap | Dynamic Inds Share Price

₹112.90 5.90 (5.51%)

As on 09-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹32 Cr.
Current Price
₹112.9
52-Week Low / High
₹83 / 190
TTM EPS
₹6
TTM Sales
₹71.6 Cr.
Book Value per Share
₹164.8
P/E Ratio
17.79
In line with its 5-year historical median
Industry PE
2.8
Price to Book (P/B)
0.65
Higher than its 5-year historical median
Price to Sales (P/S)
0.45
Lower than its 5-year historical median
EV/EBITDA
7.75
Lower than its 5-year historical median
Dividend Yield
1.16%
Profitability Efficiency
Return on Equity (ROE)
3.34%
Underperforms industry median
Return on Capital Employed (ROCE)
5.66%
Underperforms industry median
Return on Assets (ROA)
2.04%
Operating Profit Margin
7.2%
Net Profit Margin
2.18%
Gross Profit Margin
5.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
101.02%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
510.59%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
41.40%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹47 Cr.
Equity
₹3 Cr.
Face Value
₹10
All Time Low / High
₹1.00 / 189.90

Dynamic Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Dynamic Industries Ltd a good quality company?
Dynamic Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Dynamic Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Dynamic Industries Ltd vs industry peers?
Dynamic Industries Ltd revenue CAGR is 5.24%, compared to the industry median CAGR of 5.57%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Dynamic Industries Ltd?
Promoters hold 41.40% of the Dynamic Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Dynamic Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 8.6% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Dynamic Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.3%9.1%10.4%12.8%4%1.6%4.5%3.5%-0.1%5.7%-
Value Creation
Index
-0.3-0.4-0.3-0.1-0.7-0.9-0.7-0.8-1.0-0.6-

Growth Parameters

Sales 36.546.358.465.356.335.253.845.636.172.772
Sales YoY Gr.-26.9%26.3%11.7%-13.8%-37.5%52.8%-15.1%-20.8%101%-
Adj EPS 669.412.72.71.24.22-0.84.96
YoY Gr.-0.5%56.4%35.6%-78.9%-54.5%247.5%-52.1%-137.4%NA-
BVPS (₹) 68.2127.6136.4148149.5149.4153.3156.1154.2159164.8
Adj Net
Profit
1.81.82.83.80.80.41.30.6-0.21.52
Cash Flow from Ops. 5.5-2.4-1.28.732.3-0.78.21.33-
Debt/CF from Ops. 0.4-1.9-8.60.40.91.1-4.90.311.85.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 8%5.2%10.6%101%
Adj EPS -2.3%12.6%4.6%NA
BVPS9.9%1.2%1.2%3.1%
Share Price 11.1% 10.9% 23.7% -1.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
54.87.18.91.80.82.81.3-0.53.13.7
Op. Profit
Mgn %
7.88.29.39.74.13.74.43.637.27.5
Net Profit
Mgn %
53.94.95.91.41.12.41.4-0.622.6
Debt to
Equity
0.10.10.30.10.10.10.10.10.30.30.2
Working Cap
Days
22720122521922532523027030116993
Cash Conv.
Cycle
1271121281241362051351271377441

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales36.4646.2658.4365.2956.2935.1953.7745.6436.1472.65
Operating Expenses + 33.6142.5353.0358.9954.0133.9051.4044.2735.2967.46
Manufacturing Costs4.245.126.595.824.523.114.564.765.288.32
Material Costs24.8932.0340.1246.0343.7826.8140.8833.7824.6152.79
Employee Cost 2.432.773.173.343.382.462.933.253.243.65
Other Costs 2.052.613.153.802.341.513.022.472.152.70
Operating Profit 2.853.735.406.302.281.292.371.380.855.19
Operating Profit Margin (%) 7.8%8.1%9.2%9.6%4.0%3.7%4.4%3.0%2.4%7.1%
Other Income + 1.620.160.541.180.670.500.791.270.280.41
Exceptional Items -1.07000000000
Interest 0.470.480.660.740.420.320.280.180.361.53
Depreciation 0.880.8611.081.021.010.970.901.182.02
Profit Before Tax 2.062.554.285.661.510.441.911.56-0.412.04
Tax 0.780.791.281.590.490.050.500.42-0.110.46
Profit After Tax 1.281.7734.071.010.391.411.14-0.301.59
PAT Margin (%) 3.5%3.8%5.1%6.2%1.8%1.1%2.6%2.5%-0.8%2.2%
Adjusted EPS (₹)4.25.89.913.43.41.34.73.8-1.05.2
Dividend Payout Ratio (%)23.60%17.10%15.10%11.20%44.80%77.20%21.40%26.60%-50.60%19.10%

Valuation of Dynamic Inds - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 36.8938.6541.3144.8245.2845.2546.4447.2746.7048.14
Share Capital 3.033.033.033.033.033.033.033.033.033.03
Reserves 33.8635.6238.2841.8042.2542.2243.4144.2443.6745.12
Debt +2.204.399.692.772.151.923.092.3614.3914.90
Long Term Debt0.440.252.271.561.030.690.050.2010.4611.29
Short Term Debt1.764.147.411.211.121.233.042.153.943.61
Minority Interest0000000000
Trade Payables6.376.0510.076.676.414.4910.806.8810.2615.11
Others Liabilities 2.545.386.508.055.045.615.885.752.403.50
Total Liabilities 4854.4767.5762.3158.8757.2766.2162.2673.7581.66

Fixed Assets

Net Fixed Assets +22.8822.1524.4023.4222.7221.8821.4026.1140.8142.29
Gross Block32.3622.9426.1926.2926.6126.3626.8532.5348.3851.76
Accumulated Depreciation9.480.791.792.873.904.485.456.427.579.47
CWIP 00.310000.050.812.150.320.28
Investments 0.050.651.211.103.324.653.142.732.501.16
Inventories9.9712.2815.2317.5614.1713.2915.9611.0114.3417.01
Trade Receivables9.1312.8618.0711.5612.5111.3614.779.439.2814.86
Cash Equivalents 2.260.370.271.070.230.663.071.590.240.49
Others Assets 3.705.858.397.605.925.387.069.236.265.56
Total Assets 4854.4767.5762.3158.8757.2766.2162.2673.7581.66

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 5.53-2.38-1.198.662.972.33-0.738.191.273.03
PBT 2.062.554.285.661.510.441.911.56-0.412.04
Adjustment 1.701.321.391.421.200.910.700.961.673.39
Changes in Working Capital 2.35-5.25-5.513.141.010.99-2.756.150.08-2.13
Tax Paid -0.58-0.99-1.35-1.57-0.75-0.02-0.59-0.47-0.06-0.27
Cash Flow From Investing Activity + 0.08-0.98-3.330.30-2.36-1.240.59-6.35-13.67-2.58
Capex -0.20-0.42-2.94-0.10-0.32-0.28-1.54-6.92-13.93-4.06
Net Investments 0-0.60-0.560.11-2.22-1.072.030.440.131.39
Others 0.270.030.170.290.180.110.110.130.140.09
Cash Flow From Financing Activity + -4.911.464.41-8.03-1.52-0.830.42-1.5811.56-0.22
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -4.18-0.192.02-0.67-0.54-0.33-0.64-0.2110.810.84
Interest Paid -0.37-0.38-0.52-0.60-0.34-0.27-0.24-0.18-0.74-1.55
Dividend Paid -0.36-0.36-0.36-0.55-0.55-0.45-0.30-0.30-0.30-0.15
Others 02.383.27-6.21-0.090.221.61-0.891.790.64
Net Cash Flow 0.69-1.90-0.110.93-0.910.250.290.26-0.830.24

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)6.385.967.519.442.250.873.082.43-0.643.34
ROCE (%)10.269.1410.4312.844.011.614.483.49-0.095.66
Asset Turnover Ratio0.780.950.971.010.930.610.870.710.530.94
PAT to CFO Conversion(x)4.32-1.34-0.42.132.945.97-0.527.18N/A1.91
Working Capital Days
Receivable Days86.7082.2095.6082.8078123.8088.7096.7094.5060.70
Inventory Days107.4083.208591.70102.90142.4099.30107.90128.1078.80
Payable Days82.5070.8073.3066.4054.5074.2068.2095.50127.1087.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dynamic Industries Ltd FAQs

The current trading price of Dynamic Inds on 09-Jun-2026 16:59 is ₹112.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-Jun-2026 the market cap of Dynamic Inds stood at ₹32.40 Cr

The latest P/E ratio of Dynamic Inds as of 08-Jun-2026 is 17.79.

The latest P/B ratio of Dynamic Inds as of 08-Jun-2026 is 0.65.

The 52-week high of Dynamic Inds is ₹189.9 and the 52-week low is ₹83.20.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dynamic Inds is ₹71.58 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Dynamic Industries Ltd is a below average quality company.

The key valuation ratios of Dynamic Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Dynamic Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Dynamic Industries Ltd

Dynamic Industries started in 1989 as a private limited company with the staff of 10 people headed by Dipak Choksi and Harin Mamalatdarna and a production capacity of 120 metric tonnes per year of reactive dyes. The company is presently engaged in the production of Acid Dyes and Direct Dyes.

The year 1991 saw the start of non benzydene direct dyes and the export of our products. It kept expanding ever since as an organisation and in terms of production capacity. It introduced the spectrometer in 1993 and in 1994 it started manufacturing acid dyes, 1-1 and 1-2 metal complex dyes. It became a public limited company in 1995 with equity of Rs 3 crore. It opened a new production facility in 1999 and has kept progressing ever since.

Situated at Gujarat Industrial Development Corporation (GIDC), Vatva, Ahmedabad, India, the product palette of Dynamic Industries primarily includes acid, direct and reactive dyes, which, by them, are a benchmark in quality. It is the unsurpassable technology adopted at the laboratory, outstanding infrastructure and the best of the personnel for monitors, which enable an optimum production in terms of quality as well as magnitude of Dynamic Industries. It gracefully accepts its responsibility towards Nature, for the same it had installed Pollution Control Equipments at its premises.

Owing to assertion for the highest quality parameters its present clientele includes countries in South America, North America, Europe, South and East Asia and with the strength of commitment and service, it aspire to colour the globe continually.

The company is one of the biggest textile dye stuff exporters in India dedicated to producing quality dye stuffs and chemicals and is serving the chemical industry world since last two decades. The company also have the best environmentally managed facility in the country.

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