Dynemic Products (DYNPRO)₹227.00−0.11%Specialty Chemicals
In the Sep 2026 quarter (consolidated), Dynemic Products reported sales of ₹127 Cr, up 42.2% from Sep 2025, and net profit of ₹6.53 Cr, up 47.4% year on year. For the year to Mar 2026, sales were ₹378 Cr and net profit ₹19.95 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 71.44 | 78.78 | 79.90 | 97.74 | 95.40 | 93.96 | 94.27 | 89.19 | 90.47 | 104 | 86.22 | 127 |
| Expenses | 63.41 | 68.23 | 69.77 | 84.98 | 82.30 | 81.37 | 81.41 | 76.79 | 77.73 | 89.45 | 73.89 | 109 |
| Operating Profit | 7.87 | 10.37 | 9.97 | 12.45 | 12.85 | 12.41 | 12.72 | 12.24 | 12.62 | 14.44 | 12.28 | 17.03 |
| OPM % | 11.0% | 13.2% | 12.5% | 12.8% | 13.6% | 13.3% | 13.5% | 13.8% | 14.0% | 13.9% | 14.3% | 13.5% |
| Other Income | 0.08 | 0.52 | 0.06 | 0.07 | 0.06 | 0.28 | 0.05 | 0.04 | 0.11 | 0.26 | 0.32 | 0.11 |
| Interest | 2.75 | 3.63 | 2.25 | 3.22 | 2.92 | 2.96 | 2.24 | 2.33 | 2.43 | 2.22 | 1.62 | 1.91 |
| Depreciation | 4.17 | 4.09 | 4.08 | 4.12 | 4.14 | 4.06 | 4.12 | 4.16 | 4.16 | 4.13 | 4.14 | 4.20 |
| Profit before tax | 1.01 | 3.17 | 3.70 | 5.18 | 5.85 | 5.66 | 6.41 | 5.79 | 6.13 | 8.35 | 6.83 | 11.02 |
| Tax % | −20.5% | −27.6% | 25.4% | 25.3% | 25.3% | 30.7% | 25.3% | 23.6% | 25.3% | 27.5% | 24.2% | 40.8% |
| Net Profit | 1.22 | 4.05 | 2.77 | 3.88 | 4.38 | 3.93 | 4.80 | 4.43 | 4.60 | 6.06 | 5.18 | 6.53 |
| EPS (Rs) | 1.01 | 3.37 | 2.32 | 3.22 | 3.66 | 3.16 | 3.86 | 3.56 | 3.70 | 4.88 | 4.17 | 5.26 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 130 | 129 | 164 | 167 | 182 | 206 | 251 | 296 | 283 | 368 | 378 | 408 |
| Expenses | 113 | 104 | 132 | 136 | 146 | 161 | 208 | 266 | 251 | 319 | 325 | 351 |
| Operating Profit | 16.95 | 24.90 | 30.88 | 29.90 | 35.90 | 42.83 | 42.87 | 28.90 | 31.87 | 47.83 | 51.80 | 56.37 |
| OPM % | 13.0% | 20.0% | 19.0% | 18.0% | 20.0% | 21.0% | 17.0% | 10.0% | 11.1% | 13.1% | 14.0% | 13.8% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.80 |
| Interest | 1.99 | 1.99 | 0.99 | 0.99 | 1.99 | 1.99 | 7.99 | 15.95 | 12.98 | 10.97 | 8.99 | 8.18 |
| Depreciation | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 | 10.99 | 16.97 | 16.98 | 15.97 | 16.97 | 16.63 |
| Profit before tax | 11.96 | 20.92 | 26.90 | 24.92 | 31.89 | 37.86 | 22.91 | −3.99 | 2.99 | 19.92 | 26.91 | 32.33 |
| Tax % | 34.1% | 34.1% | 35.1% | 29.1% | 25.1% | 26.1% | 39.0% | −21.0% | −15.9% | 27.0% | 26.0% | — |
| Exceptional items | −0.02 | −0.13 | −0.02 | 0.00 | 0.00 | −0.02 | −0.10 | 0.00 | −0.01 | −0.01 | −0.14 | — |
| Net Profit | 7.98 | 13.96 | 17.95 | 17.94 | 23.96 | 27.93 | 13.96 | −2.99 | 3.99 | 14.97 | 19.95 | 22.37 |
| EPS (Rs) | 6.36 | 11.38 | 14.75 | 15.12 | 20.29 | 23.93 | 12.01 | −2.51 | 3.00 | 12.08 | 16.03 | 18.01 |
| Dividend payout % | 22.0% | 13.0% | 10.0% | 9.0% | 7.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.01 | 11.00 | 11.00 | 11.00 | 11.00 | 11.01 | 11.01 | 11.01 | 12.01 | 12.00 | 12.01 | 12.00 |
| Reserves | 47.17 | 53.10 | 66.11 | 81.09 | 97.13 | 117 | 145 | 159 | 171 | 191 | 214 | 233 |
| Borrowings | 35.85 | 32.88 | 24.92 | 24.90 | 30.86 | 101 | 153 | 173 | 147 | 115 | 95.59 | 72.73 |
| Other Liabilities | 17.91 | 14.93 | 16.92 | 21.90 | 18.91 | 21.89 | 41.79 | 69.75 | 81.06 | 82.61 | 95.53 | 94.55 |
| Total Liabilities | 112 | 111 | 120 | 140 | 158 | 251 | 351 | 415 | 412 | 400 | 418 | 413 |
| Fixed Assets | 34.98 | 33.98 | 34.98 | 34.97 | 37.98 | 35.97 | 33.99 | 272 | 259 | 245 | 235 | 221 |
| CWIP | 9.01 | 8.99 | 9.99 | 14.01 | 24.99 | 71.03 | 194 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 |
| Other Assets | 66.94 | 65.93 | 73.97 | 89.90 | 93.92 | 143 | 121 | 142 | 152 | 154 | 180 | 190 |
| Inventories | 23.99 | 19.99 | 21.99 | 27.01 | 27.02 | 36.01 | 36.03 | 51.98 | 64.97 | 66.06 | 81.99 | 82.06 |
| Trade receivables | 21.97 | 25.97 | 27.97 | 31.96 | 41.95 | 31.98 | 40.92 | 46.95 | 50.93 | 55.94 | 64.86 | 75.87 |
| Cash & equivalents | 2.01 | 3.01 | 1.01 | 1.01 | 1.01 | 26.03 | 1.01 | 3.01 | 2.01 | 2.01 | 2.01 | 1.01 |
| Total Assets | 112 | 111 | 120 | 140 | 158 | 251 | 351 | 415 | 412 | 400 | 418 | 413 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.99 | 10.01 | 11.99 | 10.01 | 12.99 | 7.01 | 47.99 | 40.03 | 24.99 | 30.02 | 29.99 | 34.01 |
| Cash from investing activity | −3.99 | −3.01 | −2.99 | −7.01 | −16.99 | −70.04 | −97.93 | −51.97 | 2.01 | 0.00 | −5.99 | −0.99 |
| Cash from financing activity | 3.01 | −7.01 | −9.01 | −4.01 | 3.01 | 64.11 | 49.11 | 12.02 | −26.05 | −30.04 | −24.04 | −33.04 |
| Net cash flow | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | −0.99 | 0.00 | 0.99 |
| Capex | 7.05 | 3.23 | 4.37 | 8.15 | 17.38 | 47.68 | 125 | 54.52 | 0.94 | 2.81 | 6.94 | 4.01 |
| Free cash flow | −5.99 | 6.98 | 7.98 | 1.99 | −3.99 | −40.91 | −76.81 | −14.97 | 23.95 | 26.96 | 23.97 | 30.93 |
| CFO / OP % | 27.0% | 83.9% | 74.9% | 58.9% | 73.9% | 45.9% | 133.9% | 102.0% | 86.9% | 94.9% | 63.9% | 66.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 63 | 74 | 80 | 73 | 92 | 65 | 74 | 69 | 64 | 73 | 66 | 75 |
| Inventory days | 117 | 96 | — | 113 | 105 | 134 | 118 | 144 | 153 | 168 | 158 | 154 |
| Days payable | 41 | 22 | — | 24 | 19 | 28 | 78 | 145 | 146 | 174 | 146 | 125 |
| Cash conversion cycle | 136 | 146 | 78 | 160 | 176 | 169 | 112 | 66 | 69 | 65 | 76 | 102 |
| Working capital days | 46 | 50 | 88 | 90 | 90 | 144 | 31 | −19 | −25 | −27 | −11 | 19 |
| ROCE % | 18.0% | 13.9% | 22.0% | 26.0% | 20.9% | 17.9% | 15.0% | 9.9% | 4.0% | 5.0% | 10.0% | 10.9% |
For the Sep 2026 quarter, Dynemic Products reported sales of ₹127 Cr, up 42.2% year on year and net profit of ₹6.53 Cr, up 47.4% year on year. The operating margin was 13.5%.
Dynemic Products' sales for the year to Mar 2026 were ₹378 Cr; over the last twelve months they were ₹408 Cr.
Net profit for the year to Mar 2026 was ₹19.95 Cr, and ₹22.37 Cr over the last twelve months. Earnings per share over the same trailing period were ₹18.01.
Dynemic Products reported borrowings of ₹72.73 Cr at Mar 2026, against cash and equivalents of ₹1.01 Cr.
Cash from operations was ₹34.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹30.93 Cr.