The Multifaceted properties of nanostructured rare earth perovskite manganite oxides have attracted much attention specifically for their applications in energy storage systems. In the present work, synthesis and physiochemical properties of calcium-substituted dysprosium perovskite manganite oxide nanocomposites and their potential applications as supercapacitors are examined. The perovskite structure and morphology of the designed nanocomposites are affirmed by the different analytical tools, including XRD, SEM, and TEM analysis. The structural analysis by XRD indicates the presence of DyMnO3 perovskite phase with additional peaks of Dy2O3 phase. The percentage of Dy2O3 is gradually reduced with higher Ca substitution, from about 16% to 7%. The Halder-Wagner method indicates an increase of the microstrain and a decrease in crystallite size with the rise of Ca substitution. From Tauc’s plot derived from DRS analysis, a slight increase in the band gap with the increase in Ca substitution is observed (2.55–2.62 eV). The surface elemental compositions and the valence states of individual elements analyzed using XPS analysis evidence the presence of Dy, Ca, Mn, and O. BET adsorption study indicates an increase in pore size, surface area, and pore volume with increasing Ca substitution concentration. When employed as a supercapacitor electrode material, Calcium-blend DyMnO3 nanocompositeexhibits battery type behavior. This material shows a higher specific capacitance (capacity) of 531 Fg−1 (319.9 Cg−1) with comparatively low charge transfer resistance and better cyclic stability. We have assembled an asymmetric supercapacitor device using our prepared sample exhibiting energy density of 36.16 Wh/kg with better cyclic stability. This work provides new insights for designing future Dy2O3 based supercapacitors.