Slide 1: Q3 and 9M FY2024 Earnings Presentation
DYNAMATIC TECHNOLOGIES LIMITED Q3 and 9M FY2024 EARNINGS PRESENTATION Hydraulics Aerospace Metallurgy © 2024 Proprietary Information of Dynamatic Technologies Limited
Slide 2: Q3 FY2024 Performance Highlights
DYNAMATIC TECHNOLOGIES LIMITED Q3 FY2024 PERFORMANCE HIGHLIGHTS Highlights Q3 FY2024 vs. Q3 FY2023 Q3 FY2024 Revenue Breakup Q3 FY2024 • Revenue of Rs. 3,455.1 mn; up by 10.3% from Rs. 3,132.1 mn in Q3 FY2023 30% o Aerospace segment revenue of Rs. 1,345.7 mn; up by 20.1% from Rs. 1,120.9 mn 29% 39%
Slide 3: 9M FY2024 Performance Highlights
DYNAMATIC TECHNOLOGIES LIMITED 9M FY2024 PERFORMANCE HIGHLIGHTS 9M FY2024 Revenue Highlights 9MFY2024 vs. 9MFY2023 Breakup 9M FY2024 • Revenue of Rs. 10,589.2 mn; up by 11.7% from Rs. 9,478.9 mn in 9MFY2023 34% 35% o Aerospace segment revenue of Rs. 3,681.6 mn; up by 15.8% from Rs. 3,180.2 mn 30% 9M
Slide 4: Performance Highlights: Management Commentary
DYNAMATIC TECHNOLOGIES LIMITED PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: Industrialization of high-volume detail parts ordered by Airbus Aerostructures during the last quarter has already started at Dynamatic Manufa
Slide 5: Financial Performance Summary
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q3 y-o-y Q2 q-o-q 9M y-o-y Rs. Mn Growth Growth Growth FY24 FY23 (%) FY24 (%) FY24 FY23 (%) Revenue 3,455.1 3,132.1 10.3% 3,509.0 (1.5)% 10,589.2 9,478.9 11.7% EBITDA 406.9 419.5 (3.0)% 388.7 4.7% 1,165.
Slide 6: Performance Highlights: Foreign Exchange Fluctuation
DYNAMATIC TECHNOLOGIES LIMITED PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Q3 FY2024 vs. Q2 FY2024 Q3 FY2024 vs. Q3 FY2023 Average Exchange Rate Q3 FY2024 Q2 FY2024 Q3 FY2023 Impact Impact % Impact Impact % EURO vs. INR 89.64 89.67 82.11 (0.03) (0.0)% 7.53 9.2% GBP vs. INR 103.61 103.74 95.7
Slide 7: Aerospace Segment
DYNAMATIC TECHNOLOGIES LIMITED AEROSPACE SEGMENT Financial Overview Q3 Q2 9M y-o-y q-o-q y-o-y Rs. Mn Growth (%) Growth (%) Growth (%) FY24 FY23 FY24 FY24 FY23 Revenue 1,345.7 1,120.9 20.1% 1,290.3 4.3% 3,681.6 3,180.2 15.8% EBITDA 379.7 297.0 27.8% 324.2 17.1% 863.8 868.9 (0.6)% Margin (%) 28.2% 26
Slide 8: Hydraulics Segment
DYNAMATIC TECHNOLOGIES LIMITED HYDRAULICS SEGMENT Financial Overview Q3 Q2 9M y-o-y q-o-q y-o-y Rs. Mn Growth (%) Growth (%) Growth (%) FY24 FY23 FY24 FY24 FY23 Revenue 1,083.5 1,113.9 (2.7)% 1,018.0 6.4% 3,258.6 3,429.8 (5.0)% EBITDA 89.9 212.5 (57.7)% 58.7 53.2% 306.7 658.8 (53.4)% Margin (%) 8.3%
Slide 9: Metallurgy Segment
DYNAMATIC TECHNOLOGIES LIMITED METALLURGY SEGMENT Financial Overview Q3 Q2 9M y-o-y q-o-q y-o-y Rs. Mn Growth (%) Growth (%) Growth (%) FY24 FY23 FY24 FY24 FY23 Revenue 1,025.4 896.4 14.4% 1,200.4 (14.6)% 3,648.2 2,867.7 27.2% EBITDA 15.4 (2.2) nm 80.0 (80.8)% 231.0 53.5 331.8% Margin (%) 1.5% (0.2)
Slide 10: Quarterly Financial Trends
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Revenue (Rs. Mn) and Growth % (Y-o-Y) Segment Wise Revenue Contribution 1.1% 4.3% 4.1% 17.5% (1.5)% (3.1)% (3.2)% (1.5)% (3.2)% 31% 31% 31% 34% 36% 32% 29% 37% 39% 33% 33% 33% 29% 29% 35% 39% 34% 30% 36% 36% 36% 37% 36% 32% 32% 29% 31% 3,077.
Slide 11: Quarterly Financial Trends: Capital Structure
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. Mn) Dec-22 Mar-23 Dec-23 3.2x Long Term 3,590.0 3,612.2 3,174.0 2.9x Short Term 2,510.0 2,571.8 2,169.0 2.5x Total Debt 6,100.0 6,184.0 5,343.0 Less: Cash & Cash Equivalents 370.0 1
Slide 12: Dynamatic Overview
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW • A combination of stable and high growth businesses with highly engineered products for the automotive, hydraulic and aerospace industries Diversified Business • Successful track record of enhancing manufacturing capabilities through R&D and selecti
Slide 13: Dynamatic Overview
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW • Owns one of the most advanced ferrous foundries in Europe (Germany) capable of manufacturing highly intricate castings Vertically • In-house division for design validation and optimization, analysis and prototypes Integrated Facilities • 9 Faciliti
Slide 14: Combination of Stable and High Growth Businesses
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AEROSPACE • Wings, rear fuselages, ailerons, wing • Airbus • Spirit flaps and major airframe structures Aerosystems • Boeing • Ramp structure assembly • HAL • Bell 39% of Q3 FY2024 Revenue • AFT Pylon
Slide 15: Blue Chip Investor Base
DYNAMATIC TECHNOLOGIES LIMITED BLUE CHIP INVESTOR BASE Shareholding Structure Key Investors Others • Samena Capital 24.6% • HDFC Mutual Fund Promoters Bodies 41.9% • Alchemy and Group Corporate 5.4% • Girish Gulati – HUF • Abakkus Group Alternative Investment • Madhusudan Kela and Group Fund • Al Me
Slide 16: Financial Statements
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Consolidated P&L Statement (Q-o-Q) Profit & Loss Statement (Rs. Mn) Q3 FY23 Q2 FY24 Q3 FY24 Revenues Revenue from operations 3132 3509 3455 Expenses Cost of materials and components consumed 1571 1595 1693 Change in inventory of finished goods and
Slide 17: Important Notice
DYNAMATIC TECHNOLOGIES LIMITED IMPORTANT NOTICE 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’
Slide 18: Contact Details
DYNAMATIC TECHNOLOGIES LIMITED CONTACT DETAILS Mr. Chalapathi P Chief Financial Officer E: chalapathi.p@dynamatics.net Mr. Shivaram V Head – Legal, Compliance & Company Secretary E: shivaram.v@dynamatics.net Dynamatic Technologies Limited JKM Plaza Dynamatic Aerotropolis 55 KIADB Aerospace Park Bang