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Dynemic Products Overview

Dynemic Products Ltd is a food colour production enterprise. The Company is engaged in manufacturing and advertising of dyes and intermediates. It manufactures and distributes food colour, lake shades, combined colours, and meals drug and beauty (FD&C) colour. Its segments include Domestic and Export. It offers various salt free dyes for inkjet industry. It additionally offers salt free dyes and herbal food colorings. Its lake color products encompass lake quinoline yellow, lake tartrazine, lake erythrosine, lake allura crimson, lake carmoisine...Read More

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Dynemic Products Key Financials

Market Cap ₹289 Cr.

Stock P/E 19.3

P/B 1.2

Current Price ₹232.9

Book Value ₹ 191.4

Face Value 10

52W High ₹414.7

Dividend Yield 0%

52W Low ₹ 190.9

Dynemic Products Share Price

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Volume
Price

Dynemic Products Quarterly Price

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Dynemic Products Peer Comparison

Dynemic Products Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 65 72 79 80 98 96 94 94 89 91
Other Income 0 0 1 0 0 0 0 0 0 0
Total Income 65 72 79 80 98 96 94 94 89 91
Total Expenditure 61 64 69 70 85 83 82 82 77 78
Operating Profit 4 8 11 10 13 13 13 13 12 13
Interest 4 3 4 2 3 3 3 2 2 2
Depreciation 4 4 4 4 4 4 4 4 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -4 1 3 4 5 6 6 6 6 6
Provision for Tax -0 -0 -1 1 1 1 2 2 1 2
Profit After Tax -4 1 4 3 4 4 4 5 4 5
Adjustments -0 0 -0 0 0 -0 -0 0 -0 -0
Profit After Adjustments -4 1 4 3 4 4 4 5 4 5
Adjusted Earnings Per Share -3 1 3.4 2.3 3.2 3.7 3.2 3.9 3.6 3.7

Dynemic Products Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 129 130 129 164 167 182 206 252 296 284 368 368
Other Income 0 0 0 0 0 1 1 0 0 1 0 0
Total Income 129 130 130 165 167 183 206 252 296 285 368 368
Total Expenditure 111 113 104 133 137 146 162 209 267 252 320 319
Operating Profit 18 17 25 31 30 37 44 43 29 33 48 51
Interest 2 2 2 1 1 2 2 8 16 13 11 9
Depreciation 3 3 3 3 3 3 3 11 17 17 16 16
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 13 12 21 27 25 32 38 23 -4 3 20 24
Provision for Tax 3 4 7 9 7 8 10 9 -1 -1 5 7
Profit After Tax 9 8 14 18 18 24 28 14 -3 4 15 18
Adjustments -0 -0 0 0 -0 0 -0 0 -0 -0 -0 0
Profit After Adjustments 9 8 14 18 18 24 28 14 -3 4 15 18
Adjusted Earnings Per Share 8.3 6.7 11.9 15.4 15.8 21.2 25 12.6 -2.5 3 12.1 14.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 30% 13% 15% 11%
Operating Profit CAGR 45% 4% 5% 10%
PAT CAGR 275% 2% -9% 5%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -18% -12% -13% 15%
ROE Average 7% 2% 7% 13%
ROCE Average 10% 6% 9% 15%

Dynemic Products Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 58 64 77 92 108 128 156 170 183 203 224
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 0 0 0 0 82 97 97 66 34 8
Other Non-Current Liabilities 5 5 5 5 5 4 4 15 14 11 16
Total Current Liabilities 47 42 37 42 45 37 94 133 149 153 168
Total Liabilities 112 111 120 140 158 251 351 415 412 400 416
Fixed Assets 35 34 35 35 38 36 34 272 259 245 235
Other Non-Current Assets 12 14 16 22 32 80 204 20 23 22 22
Total Current Assets 65 63 69 83 88 135 113 123 130 133 159
Total Assets 112 111 120 140 158 251 351 415 412 400 416

Dynemic Products Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 2 1 1 0 0 1 1 0 1 0
Cash Flow from Operating Activities 1 10 12 10 13 7 48 40 25 30 28
Cash Flow from Investing Activities -4 -3 -4 -8 -18 -72 -99 -55 -1 -1 -6
Cash Flow from Financing Activities 3 -7 -9 -4 3 64 49 12 -26 -30 -24
Net Cash Inflow / Outflow 0 1 -1 -1 -1 -1 -1 -3 -2 -1 -2
Closing Cash & Cash Equivalent 2 3 1 0 0 1 1 0 1 0 1

Dynemic Products Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 8.3 6.66 11.9 15.43 15.8 21.24 25.04 12.57 -2.52 3.01 12.07
CEPS(Rs) 10.96 9.42 14.69 18.34 18.75 24.21 28.06 22.47 11.82 16.88 25.29
DPS(Rs) 0 1.5 1.5 1.5 1.5 1.5 0 0 0 0 0
Book NAV/Share(Rs) 51.38 56.24 67.65 81.2 95.03 112.43 137.37 149.79 156.51 163.66 180.46
Core EBITDA Margin(%) 12.65 12.01 17.97 18.65 17.82 19.86 21.11 16.95 9.72 11.26 13.03
EBIT Margin(%) 10.74 9.94 15.89 16.84 15.96 18.49 19.73 12.59 4.19 5.63 8.67
Pre Tax Margin(%) 9.17 8.3 14.81 16.13 15.26 17.63 18.63 9.24 -1.26 1.09 5.57
PAT Margin (%) 6.69 5.44 9.7 10.5 10.79 13.25 13.86 5.68 -0.99 1.27 4.08
Cash Profit Margin (%) 8.84 7.69 11.97 12.49 12.8 15.12 15.53 10.15 4.67 7.15 8.55
ROA(%) 8.97 6.79 11.73 13.53 12.06 11.8 9.47 3.74 -0.71 0.89 3.68
ROE(%) 17.52 12.38 19.21 20.72 17.93 20.46 20.04 8.75 -1.66 1.91 7.12
ROCE(%) 17.72 14.52 22.28 25.6 20.7 18.28 15.07 9.71 3.67 4.94 10
Receivable days 54.02 62.47 70.42 66.02 81.15 73.63 65.02 64.02 60.28 68.62 60.18
Inventory Days 51.96 56.99 54.97 53.55 59.26 63.64 64.42 63.9 72.28 84.15 73.52
Payable days 39.99 30.82 22.4 18.91 20.49 23.12 51.28 105.77 134.51 166.44 138.79
PER(x) 5.6 7.69 11.82 11.63 7.44 5.38 20.73 46.16 0 86.4 21.79
Price/Book(x) 0.9 0.91 2.08 2.21 1.24 1.02 3.78 3.87 1.5 1.59 1.46
Dividend Yield(%) 0 2.92 1.06 0.83 1.27 1.31 0 0 0 0 0
EV/Net Sales(x) 0.67 0.68 1.43 1.39 0.98 1.13 3.61 3.3 1.42 1.5 1.14
EV/Core EBITDA(x) 4.77 5.2 7.29 7.27 5.47 5.53 16.87 19.33 14.44 13.01 8.71
Net Sales Growth(%) 10.31 0.45 -0.22 27.16 1.35 9.36 12.79 22.54 17.46 -4.01 29.39
EBIT Growth(%) -12.71 -8.65 60.11 26.88 -5.49 26.69 20.37 -21.8 -60.94 29.1 99.19
PAT Growth(%) -8.99 -19.76 78.63 29.57 2.47 34.3 17.99 -49.81 -120.53 223.23 314.5
EPS Growth(%) -8.98 -19.76 78.67 29.61 2.41 34.44 17.88 -49.81 -120.02 219.56 301.3
Debt/Equity(x) 0.61 0.51 0.33 0.27 0.29 0.79 0.98 1.02 0.81 0.58 0.43
Current Ratio(x) 1.38 1.48 1.85 1.97 1.94 3.67 1.19 0.92 0.88 0.87 0.95
Quick Ratio(x) 0.88 1.01 1.26 1.33 1.34 2.68 0.81 0.53 0.44 0.44 0.46
Interest Cover(x) 6.82 6.06 14.7 23.66 22.65 21.44 17.81 3.76 0.77 1.24 2.8
Total Debt/Mcap(x) 0.67 0.56 0.16 0.12 0.23 0.78 0.26 0.26 0.54 0.37 0.29

Dynemic Products Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 29.42 29.42 29.42 29.42 29.42 29.47 29.47 29.42 29.42 29.42
FII 0 0.07 0.15 0.01 0.26 0.35 0.51 0.05 0.15 0.08
DII 0 0 0 0.25 0.28 0.28 0.18 0.87 0.8 0.31
Public 70.57 70.51 70.43 70.31 70.04 69.9 69.85 69.66 69.63 70.19
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Dynemic Products News

Dynemic Products Pros & Cons

Pros

  • Debtor days have improved from 166.44 to 138.79days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 29.42%.
  • Company has a low return on equity of 2% over the last 3 years.
  • The company has delivered a poor profit growth of -8% over past five years.
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