Slide 1: Exchange filing cover letter - Investor Presentation
DYNAMATIC TECHNOLOGIES LIMITED 13th November 2024 1. The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, MUMBAI 400001. 2. The Secretary National Stock Exchange of India Limited "Exchange Plaza" Bandra-Kurla Complex Bandra East, MUMBAI 400 051. Dear Sir/Madam, Sub: In
Slide 2: Q2 and H1 FY2025 Earnings Presentation
DYNAMATIC TECHNOLOGIES LIMITED Q2 and H1 FY2025 EARNINGS PRESENTATION Hydraulics Aerospace Metallurgy © 2024 Proprietary Information of Dynamatic Technologies Limited
Slide 3: H1 FY2025 Performance Highlights
DYNAMATIC TECHNOLOGIES LIMITED H1 FY2025 PERFORMANCE HIGHLIGHTS Highlights H1 FY2025 vs. H1 FY2024 H1 FY2025 Revenue Breakup H1 • Revenue of Rs. 7,077.0 mn; down by 0.8% from Rs. 7,134.1 mn in H1 FY2024 FY2025 25% o Aerospace segment revenue of Rs. 2,841.4 mn; up by 21.6% from Rs. 2,335.8 mn 33% 40%
Slide 4: Q2 FY2025 Performance Highlights
DYNAMATIC TECHNOLOGIES LIMITED Q2 FY2025 PERFORMANCE HIGHLIGHTS Highlights Q2 FY2025 vs. Q2 FY2024 Q2 FY2025 Revenue Breakup Q2 • Revenue of Rs. 3,614.2 mn; up by 3.0% from Rs. 3,509.0 mn in Q2 FY2024 FY2025 23% o Aerospace segment revenue of Rs. 1,482.9 mn; up by 14.9% from Rs. 1,290.2 mn 37% 41% Q
Slide 5: Financial Performance Summary
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights y-o-y q-o-q y-o-y Rs. Mn Q2 Q1 Half Year Growth (%) Growth (%) Growth (%) FY25 FY24 FY25 FY25 FY24 Revenue 3,614.2 3,509.0 3.0% 3,462.8 4.4% 7,077.0 7,134.1 (0.8)% EBITDA 410.4 388.7 5.6% 400.5 2.5% 810.
Slide 6: Management Commentary
DYNAMATIC TECHNOLOGIES LIMITED Management Commentary PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: AEROSPACE: Aerospace segment continued to be the leading contributor to your Company’s revenues during this quarter as w
Slide 7: Management Commentary (Continued)
DYNAMATIC TECHNOLOGIES LIMITED Management Commentary PERFORMANCE HIGHLIGHTS Management Commentary Continued… HYDRAULICS: During the quarter, the Hydraulics segment achieved a strong year-over-year increase of 30%, driven by a favorable monsoon season that has buoyed the agricultural sector and incre
Slide 8: Foreign Exchange Fluctuation
DYNAMATIC TECHNOLOGIES LIMITED PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Q2 FY2025 vs. Q1 FY2025 Q2 FY2025 vs. Q2 FY2024 Exchange Rate Q2 FY2025 Q2 FY2024 Q1 FY2025 Impact Impact % Impact Impact % EURO vs. INR 92.95 89.67 89.76 3.28 3.5% 3.18 3.4% GBP vs. INR 109.10 103.74 104.92 5.36 4.9%
Slide 9: Aerospace Segment
DYNAMATIC TECHNOLOGIES LIMITED AEROSPACE SEGMENT Financial Overview y-o-y q-o-q y-o-y Rs. Mn Q2 Q1 Half Year Growth (%) Growth (%) Growth (%) FY25 FY25 FY24 FY25 FY24 Revenue 1,482.9 1,290.2 14.9% 1,358.5 9.2% 2,841.4 2,335.8 21.6% EBITDA 365.2 324.2 12.6% 365.3 (0.0)% 730.5 484.1 50.9% Margin (%) 2
Slide 10: Hydraulics Segment
DYNAMATIC TECHNOLOGIES LIMITED HYDRAULICS SEGMENT Financial Overview y-o-y q-o-q y-o-y Rs. Mn Q2 Q1 Half Year Growth (%) Growth (%) Growth (%) FY25 FY25 FY24 FY25 FY24 Revenue 1,305.8 1,018.0 28.3% 1,191.1 9.6% 2,496.9 2,175.1 14.8% EBITDA 125.8 58.7 114.3% 92.7 35.7% 218.5 216.8 0.8% Margin (%) 9.6
Slide 11: Metallurgy Segment
DYNAMATIC TECHNOLOGIES LIMITED METALLURGY SEGMENT Financial Overview y-o-y q-o-q y-o-y Rs. Mn Q2 Q1 Half Year Growth (%) Growth (%) Growth (%) FY25 FY25 FY24 FY25 FY24 Revenue 825.0 1,200.4 (31.3)% 912.6 (9.6)% 1,737.6 2,622.8 (33.8)% EBITDA 12.1 80.0 (84.9)% 36.2 (66.6)% 48.3 215.6 (77.6)% Margin (
Slide 12: Quarterly Financial Trends
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Revenue (Rs. Mn) and Growth % (Q-o-Q) EBITDA (Rs. Mn) and Margin (%) 17.5% 7.2% 4.4% 14.7% (1.5)% (3.2)% (1.5)% (6.5)% 13.4% 13.4% 4.1% 11.1% 11.8% 11.6% 11.6% 11.4% (3.2)% 10.2% 3,237.2 3,132.1 3,678.8 3,625.1 3,509.0 3,455.1 3,704.1 3,462.8
Slide 13: Quarterly Financial Trends - Capital Structure
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. Mn) Mar-24 Jun-24 Sep-24 Long Term 2,344.0 2,267.2 2,299.4 2.5x 2.3x 2.3x Short Term 2,237.6 2,208.5 2,017.1 Total Debt 4,581.6 4,475.7 4,316.5 Less: Cash & Cash Equivalents 614.1 6
Slide 14: 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 15: Dynamatic Overview
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW • Owns one of the most advanced ferrous foundries in Europe (Germany) capable of manufacturing highly intricate Vertically castings Integrated Facilities • In-house division for design validation and optimization, analysis and prototypes • 8 Faciliti
Slide 16: 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 Aerosystems flaps and major airframe structures • Boeing • HAL • Ramp structure assembly • Bell • Dassault Aviation 41% of Q2 FY2025
Slide 17: Blue Chip Investor Base
DYNAMATIC TECHNOLOGIES LIMITED BLUE CHIP INVESTOR BASE Shareholding Structure Key Investors Others • Samena Capital 26.0% • HDFC Mutual Fund Promoters Bodies 41.9% • Alchemy and Group Corporate • Girish Gulati – HUF 6.2% • Abakkus Group Alternative • Madhusudan Kela and Group Investment • Al Mehwar
Slide 18: Consolidated P&L Statement (Y-o-Y)
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Consolidated P&L Statement (Y-o-Y) Profit & Loss Statement (Rs. Mn) H1 FY25 H1 FY24 Revenues Revenue from operations 7,077.0 7,134.1 Expenses Cost of materials and components consumed 3,298.4 3,259.5 Change in inventory of finished goods and work-i
Slide 19: Consolidated P&L Statement (Q-o-Q)
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Consolidated P&L Statement (Q-o-Q) Profit & Loss Statement (Rs. Mn) Q2 FY24 Q1 FY25 Q2 FY25 Revenues Revenue from operations 3,509.0 3,462.8 3,614.20 Expenses Cost of materials and components consumed 1,595.4 1,644.7 1,653.7 Change in inventory of
Slide 20: Consolidated Balance Sheet - Assets
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Consolidated Balance Sheet - Assets Balance Sheet (Rs. Mn) H1 FY24 FY24 H1 FY25 Assets Non-current assets Property, plant and equipment 4,455.6 5,729.2 5,736.7 Capital work in progress 945.7 99.8 182.5 Goodwill 1,039.8 939.7 990.7 Intangible assets
Slide 21: Consolidated Balance Sheet - Liabilities
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Consolidated Balance Sheet - Liabilities Balance Sheet (Rs. Mn) H1 FY24 FY24 H1 FY25 Equity and liabilities Equity Equity share capital 67.9 67.9 67.9 Other equity 5,808.7 6,609.5 6,988.3 Total shareholders fund 5,876.6 6,677.4 7,056.2 Non-current
Slide 22: Cash Flow Statement
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Cash Flow Statement Cash Flow Statement (Rs. Mn) H1 FY24 FY24 H1 FY25 Cash flow from operating activities Profit before tax 611.8 1,356.3 277.5 Adjustments: Interest income (10.6) (20.9) 15.4 Gain on sale of property, plant and equipment (net) 0.0
Slide 23: Cash Flow Statement
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Cash Flow Statement Cash Flow Statement (Rs. Mn) H1 FY24 FY24 H1 FY25 Cash flows from investing activities Purchase of property, plant and equipment and intangibles assets (355.8) (748.8) (249.4) Proceed from the sales of assets classified as held
Slide 24: 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 25: 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