Slide 1: Q3 & Nine Month FY2017 Earnings
Q3 & NINE MONTH FY2017 EARNINGS
Slide 2: Born to Fly
BORN TO FLY
Slide 3: 9M FY2017 Performance Highlights
9M FY2017 PERFORMANCE HIGHLIGHTS Y-o-Y Highlights 9M FY2017 Revenue Breakup • Net Revenue of Rs. 11,262 million; up 1.8% 9M FY2017 o Aerospace & Defence segment revenues up 9M FY2016 31.6% 22% • EBITDA of Rs. 1,232 million; up 39.5% 17% o EBITDA margin of 10.9%; up 296 bps 17% 65% 59% • PAT of Rs. 2
Slide 4: Management commentary on results
Commenting on the results, said: “Dynamatic Technologies’ performance for the 9 month period of FY2017 was underpinned by the strong Aerospace & Defence business platform that we have built over the years. During her visit to India, the UK Prime Minister Ms. Theresa May had visited our facility in B
Slide 5: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q3 y-o-y Q2 q-o-q 9 Month y-o-y Rs. million Growth Growth Growth FY17 FY16 (%) FY17 (%) FY17 FY16 (%) Revenue 3,496 3,628 (3.6)% 3,819 (8.4)% 11,262 11,059 1.8% EBITDA 312 300 3.8% 441 (29.3)% 1,232 883 39.5% Margin (%) 8.9% 8.3% 11.6
Slide 6: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Q3 Q3 Q2 Exchange Rate Impact Impact % Impact Impact % FY2017 FY2016 FY2017 EURO vs. INR 74.35 71.60 2.75 3.8% 75.15 (0.80) (1.1)% GBP vs. INR 89.30 99.44 (10.15) (10.2)% 92.02 (2.72) (3.0)% USD vs. INR 67.12 64.78 2.33 3.6% 66.95 0.17 0.3% Impact
Slide 7: Aerospace & Defence segment performance
Q3 y-o-y Q2 q-o-q Nine Month y-o-y Rs. million Growth Growth Growth FY17 FY16 (%) FY17 (%) FY17 FY16 (%) UK India 32% 68% Revenue 850 665 27.8% 823 3.3% 2,521 1,915 31.6% India 581 352 65.3% 531 9.4% 1,612 954 69.1% UK 269 314 (14.2)% 292 (7.8)% 909 962 (5.5)% EBITDA 250 174 43.2% 248 0.8% 775 483 6
Slide 8: Hydraulics segment performance
Q3 y-o-y Q2 q-o-q Nine Month y-o-y Rs. million Growth Growth Growth UK FY17 FY16 (%) FY17 (%) FY17 FY16 (%) 28% India 72% Revenue 696 623 11.8% 692 0.6% 2,069 1,930 7.2% India 500 398 25.8% 481 3.9% 1,424 1,232 15.6% UK 196 225 (12.8)% 211 (6.9)% 645 699 (7.7)% EBITDA 94 67 40.7% 96 (1.4)% 282 215 3
Slide 9: Automotive segment performance
Q3 y-o-y Q2 q-o-q Nine Month y-o-y India Rs. Germany Growth Growth Growth 12% million FY17 FY16 FY17 FY17 FY16 88% (%) (%) (%) Revenue 1,945 2,335 (16.7)% 2,303 (15.5)% 6,662 7,200 (7.5)% India – M 164 234 (29.9)% 186 (11.8)% 550 766 (28.3)% India – F 62 62 0.0% 95 (34.6)% 262 218 19.9% Germany 1,71
Slide 10: Quarterly revenue and EBITDA trends
3,946 3,878 3,819 3,628 18% 20% 22% 22% 24% 3,496 5.9% 17% 18% 17% 18% 3.1% 20% (0.2)% 64% 62% 61% 60% (3.6)% 56% (5.4)% Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Automotive Hydraulics Aerospace & Defence 528 479 441 300 312 13.6% 12.1% 11.6% 8.3% 8.9% Q3 FY16 Q
Slide 11: Debt, net worth and credit ratings
(Rs. million) Dec 31, 2016 Mar 31, 2016 2.2x Long Term Borrowings 4,936 5,038 1.9x Short Term Borrowings 1,313 920 1.0x 1.7x Total Debt 6,249 5,958 1.0x Less: Cash & Cash 125 627 Equivalents 175 177 181 188 177 Net Debt 6,124 5,331 Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Net Worth 2,592 2,576 Note:
Slide 12: Dynamatic Overview
DYNAMATIC OVERVIEW Diversified • A combination of stable and high growth businesses with highly engineered products for business the automotive, hydraulic, aerospace and defense industries • Successful track record of enhancing manufacturing capabilities through R&D and selective acquisitions Compet
Slide 13: Vertically Integrated Facilities
Vertically • Advanced iron foundry in India and Germany. Also has aluminium foundry in India for Integrated captive use Facilities • Owns one of the most advanced ferrous foundries in Europe (Germany) capable of manufacturing highly intricate castings • In-house division for design validation and op
Slide 14: Dynamatic Overview: Stable and High Growth Businesses
DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AUTOMOTIVE • Ferrous and non-ferrous automotive components • Audi • Hyundai including engine, transmission, • BMW • Nissan turbocharger and chassis parts 56% of Q3 • Daimler • Tata Motors • Metallurgical ferrous and • Ford • Volkswa
Slide 15: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Institutional Investors • HDFC Mutual Fund Others Promoter 22.1% s • Samena Capital and Group 50.3% • Alchemy and Group DIIs • Goldman Sachs Group 13.1% • SBI Mutual Fund • Param Capital and Group FIIs • L&T Mutual Fund 14.5% Shareholding Pattern Tr
Slide 16: Profit & Loss Statement (Quarterly)
Profit & Loss Statement (Rs. million) Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Revenues Net Sales / Income from Operations (Net of Excise Duty) 3,598 3,847 3,913 3,791 3,469 Other Operating Income 30 32 33 28 28 Total Revenues 3,628 3,878 3,946 3,819 3,496 Expenses Cost of Raw Materials Consumed 2,15
Slide 17: Profit & Loss Statement (Annual)
Profit & Loss Statement (Rs. million) FY15 FY16 Revenues Net Sales / Income from Operations (Net of Excise Duty) 16,115 14,806 177 132 Other Operating Income 16,292 14,938 Total Revenues Expenses Cost of Raw Materials Consumed 9,552 8,502 Changes in Inventories of Finished Goods, WIP and Stock in Tr
Slide 18: Balance Sheet: Assets
Balance Sheet (Rs. million) Mar-15 Sep-15 Mar-16 Sep-16 ASSETS Non-Current Assets Goodwill 879 950 936 884 Fixed Assets 5,600 5,685 5,617 5,611 Non-Current Investment 0 0 1 1 Deferred tax asset (net) 0 0 0 0 Long Term Loans and Advances 242 223 260 238 Other Non Current Assets 161 139 128 258 Total
Slide 19: Balance Sheet: Equity and Liabilities
Balance Sheet (Rs. million) Mar-15 Sep-15 Mar-16 Sep-16 EQUITY and LIABILITIES Shareholders Fund Share capital 63 63 63 63 Reserves and surplus 2,453 2,397 2,513 2,588 Money Received against Share Warrants 0 0 0 0 Non-controlling interest (Preference capital) 4 0 0 0 Total Shareholders Fund 2,520 2,
Slide 20: Forward-looking statements disclaimer
This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Dynamatic Technologies’ (“Dynamatic” or the “Company”) future business developments
Slide 21: Contact details
Mr. Hanuman Sharma Executive Director and Chief Financial Officer Dynamatic Technologies Limited Dynamatic Park Peenya Industrial Area Bangalore 560 058 India T: +91 80 2839 4933 / 34 / 35 F: +91 80 2839 5823 E: hanuman.sharma@dynamatics.net Mr. Naveen Chandra Head – Legal, Compliance & Company Secr