New Risk • Jul 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹917.5m (US$9.61m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.4% operating cash flow to total debt). Market cap is less than US$10m (₹917.5m market cap, or US$9.61m). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Reported Earnings • Jun 03
Full year 2026 earnings released: EPS: ₹4.77 (vs ₹4.51 in FY 2025) Full year 2026 results: EPS: ₹4.77 (up from ₹4.51 in FY 2025). Revenue: ₹1.64b (up 28% from FY 2025). Net income: ₹86.5m (up 6.8% from FY 2025). Profit margin: 5.3% (down from 6.4% in FY 2025). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹58.75, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 28x in the Electrical industry in India. Total loss to shareholders of 10% over the past year. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks High level of debt (51% net debt to equity). Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (₹1.21b market cap, or US$12.7m). Announcement • May 20
DCG Cables & Wires Limited to Report Second Half, 2026 Results on May 26, 2026 DCG Cables & Wires Limited announced that they will report second half, 2026 results on May 26, 2026 New Risk • May 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹1.36b market cap, or US$14.3m). Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹74.95, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 30x in the Electrical industry in India. Negligible returns to shareholders over past year. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹55.90, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 24x in the Electrical industry in India. Total loss to shareholders of 12% over the past year. New Risk • Mar 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹935.6m (US$9.87m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (24% accrual ratio). Market cap is less than US$10m (₹935.6m market cap, or US$9.87m). Minor Risk High level of debt (51% net debt to equity). New Risk • Nov 17
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹1.38b market cap, or US$15.6m). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹76.05, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 34x in the Electrical industry in India. Total loss to shareholders of 33% over the past year. Announcement • Nov 13
DCG Cables & Wires Limited to Report First Half, 2026 Results on Nov 13, 2025 DCG Cables & Wires Limited announced that they will report first half, 2026 results on Nov 13, 2025 Announcement • Sep 08
DCG Cables & Wires Limited, Annual General Meeting, Sep 29, 2025 DCG Cables & Wires Limited, Annual General Meeting, Sep 29, 2025, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹76.90, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 41x in the Electrical industry in India. Total loss to shareholders of 48% over the past year. New Risk • Jun 26
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (80% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.22b market cap, or US$14.2m). New Risk • May 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (78% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹1.28b market cap, or US$15.0m). Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹76.75, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 38x in the Electrical industry in India. Total loss to shareholders of 11% over the past year. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹58.30, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 35x in the Electrical industry in India. Announcement • Mar 20
DCG Cables & Wires Limited Announces Resignation of Ayush Kamleshbhai Shah as Independent Director DCG Cables & Wires Limited announced the resignation of Mr. Ayush Kamleshbhai Shah as Independent Director of the Company due to personal and unavoidable circumstances. With effect from close of business hours on March 19, 2025. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any: FONEBOX RETAIL LIMITED Independent Director H.M. ELECTRO MECH LIMITED Independent Director FONEBOX RETAIL LIMITED Audit Committee – Chairperson. Nomination and Remuneration of Committee - Member H.M. Electro Mech Audit Committee – Chairperson. Nomination and Remuneration Committee Chairperson Stakeholders Relationship Committee Member CSR Committee - Chairperson. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹68.20, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 36x in the Electrical industry in India. Announcement • Nov 16
DCG Cables & Wires Limited Announces Shifts Two Units to Bavla Unit DCG Cables & Wires Limited inaugurated and started production at new manufacturing unit situated at Survey no. 741, Near Atul Blocks, Amipura Ranasan road, Bhayla, Bavla, Ahmedabad, Gujarat 382220 from 14th November 2024 which is constructed in approx. One lakh Sq. Ft. area. The company have also started manufacturing new twenty products which are in under production line. The company have shifted two existing units to Bavla Unit. Address of two units shifted is mentioned below- Unit 1) Plot No 91-92, Devasya Industrial Estate, Daskroi, Kubadthal, Ahmedabad; Unit 2) Plot No. 501/I, 502/I, 513-514, GIDC Estate Vaghodia, GIDC Road, Vadodara, Gujarat. Announcement • Nov 12
DCG Cables & Wires Limited (NSEI:DCG) acquired Manglam Envago Products Private Limited. DCG Cables & Wires Limited (NSEI:DCG) acquired Manglam Envago Products Private Limited on September 30, 2024.
DCG Cables & Wires Limited (NSEI:DCG) completed the acquisition of Manglam Envago Products Private Limited on September 30, 2024. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹137, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 48x in the Electrical industry in India. Announcement • Aug 29
DCG Cables & Wires Limited, Annual General Meeting, Sep 23, 2024 DCG Cables & Wires Limited, Annual General Meeting, Sep 23, 2024, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹112, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 49x in the Electrical industry in India. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹92.80, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 43x in the Electrical industry in India. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹6.73 (vs ₹3.63 in FY 2023) Full year 2024 results: EPS: ₹6.73 (up from ₹3.63 in FY 2023). Revenue: ₹1.01b (up 86% from FY 2023). Net income: ₹88.5m (up 426% from FY 2023). Profit margin: 8.7% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue. 
