Slide 1: Q4 and Full Year FY2019 Earnings
Q4 and Full Year FY2019 EARNINGS
Slide 2: FY2019 Performance Highlights
FY2019 PERFORMANCE HIGHLIGHTS Highlights FY2019 vs. FY2018 FY2019 Revenue Breakup • Net Revenue of Rs. 15,003 mn; up 13.6% from Rs. FY2019 13,211 mn in FY18 o Aerospace & Defence segment revenue of Rs. 31% 4,689 mn; up 31.6% from Rs. 3,564 mn 27% 45% o Hydraulics segment revenue of Rs. 3,631 mn; 49%
Slide 3: Performance Highlights: Management Commentary
PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: “Building on the momentum created since the beginning of FY2019, Dynamatic continued to deliver robust performance through the year. Revenue for FY2019 increased by 13.6% y-
Slide 4: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q4 Q3 Full Year Rs. Million FY19 FY18 FY19 FY19 FY18 Revenue 3,849 3,720 3,666 15,003 13,211 (Net of Excise Duty) EBITDA 474 478 439 1,752 1,398 Profit Before Tax (PBT) 155 182 102 537 238 Profit After Tax (PAT) 93 124 57 312 120 Basi
Slide 5: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Exchange Rate Q4 F2019 Q4 FY2018 Impact Q3 FY2019 Impact EURO vs. INR 80.9 74.3 5.5 7.3% 81.2 (0.3) (0.3)% GBP vs. INR 91.7 84.2 6.3 7.3% 91.7 0.0 - USD vs. INR 69.9 64.5 5.4 8.4% 69.7 0.2 0.3% Impact due to change in average exchange rates (Y-o-Y)
Slide 6: Aerospace and Defence Segment
AEROSPACE AND DEFENCE SEGMENT Financial Overview a Q4 y-o-y Q3 Full Year y-o-y Rs. Million FY19 FY18 FY19 FY19 FY18 Revenue 1,232 1,010 1,198 4,689 3,564 EBITDA 286 243 316 1,168 814 Performance Overview • Continuing order book execution and delivery led to substantial revenue growth in FY2019, in p
Slide 7: Hydraulics Segment
HYDRAULICS SEGMENT Financial Overview . Q4 y-o-y Q3 Full Year y-o-y Rs. Million FY19 FY18 FY19 FY19 FY18 Revenue 934 867 891 3,631 3,155 EBITDA 118 122 104 416 371 Performance Overview • Hydraulics segment continued its strong performance during FY2019 with both Agri Sector (farm mechanisation – tra
Slide 8: Automotive Segment
AUTOMOTIVE SEGMENT Financial Overview . Q4 y-o-y Q3 Full Year y-o-y Rs. Million FY19 FY18 FY19 FY19 FY18 Revenue 1,682 1,843 1,577 6,683 6,556 EBITDA 98 126 39 251 257 Performance Overview • With a focus on margin expansion, low margin products rationalization continued during the period. New order
Slide 9: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. mn) and Growth (Q-o-Q) Segment Wise Revenue Contribution 3,790 3,849 3,720 3,699 3,666 29% 27% 29% 31% 33% 32% 3,303 25% 23% 23% 25% 24% 24% 12.6% 5.0% 47% 50% 47% 2.3% 1.9% 44% 43% 44% (2.4)% (0.9)% Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q3 FY18 Q4 F
Slide 10: Quarterly Financial Trends: Capital Structure
QUARTERLY FINANCIAL TRENDS Capital Structure Interest Expense (Rs. mn) & Interest Jun 30, Sep 30, Dec 31, Mar 31, Coverage (x) (Rs. million) 2018 2018 2018 2019 1.9x Long Term 1.7x 4,772 4,667 4,521 4,432 1.5x 1.5x 1.6x Borrowings 1.2x Short Term 2,256 2,393 2,281 2,160 Borrowings 211 Total Debt 7,0
Slide 11: 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 12: Dynamatic Overview
DYNAMATIC OVERVIEW 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 desig
Slide 13: 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 • Daimler • Tata Motors 45% of FY19 • Metallurgical ferrous and • Ford • Volks
Slide 14: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Institutional Investors Promoters 48.8% • Samena Capital Others 25.7% • HDFC Mutual Fund • Alchemy and Group • Taiyo Greater India Fund DIIs • Girish Gulati - HUF 10.8% • Mukul Agarwal and Group • SBI Mutual Fund FIIs 14.7% • Premier Investment Fund
Slide 15: Financial Statements: Income Statement (Y-o-Y)
FINANCIAL STATEMENTS Income Statement (Y-O-Y) Profit & Loss Statement (Rs. million) FY19 FY18 FY17 Revenues Net Sales / Income from Operations (Net of Excise Duty) 15,003 13,211 13,997 Other Operating Income - - - Total Revenues 15,003 13,211 13,997 Expenses Cost of Raw Materials Consumed 7,741 6,73
Slide 16: Financial Statements: Income Statement (Y-o-Y and Q-o-Q)
FINANCIAL STATEMENTS Income Statement (Y-O-Y and Q-o-Q Comparison) Profit & Loss Statement (Rs. million) Q4FY19 Q3FY19 Q4FY18 Revenues Net Sales / Income from Operations (Net of Excise Duty) 3,849 3,666 3,720 Other Operating Income - - - Total Revenues 3,849 3,666 3,720 Expenses Cost of Raw Material
Slide 17: Financial Statements: Balance Sheet – Assets
FINANCIAL STATEMENTS Balance Sheet – Assets Balance Sheet (Rs. million) Mar-19 Sep-18 Mar-18 Assets Non-current assets Property, plant and equipment 5,259 5,516 6,702 Capital work in progress 56 47 82 Goodwill 925 987 951 Intangible assets 254 266 274 Financial assets Investments 3 6 6 Loans 115 160
Slide 18: Financial Statements: Balance Sheet – Liabilities
FINANCIAL STATEMENTS Balance Sheet – Liabilities Balance Sheet (Rs. million) Mar-19 Sep-18 Mar-18 EQUITY and LIABILITIES Shareholders Fund Share capital 63 63 63 Reserves and surplus 3,186 3,288 3,075 Money Received against Share Warrants - - - Non-controlling interest (Preference capital) - - - Tot
Slide 19: Important Notice
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” or the “Company”) future busin
Slide 20: Contact Details
CONTACT DETAILS Mr. Chalapathi P F: +91 80 2839 5823 E: chalapathi.p@dynamatics.net Mr. Shivaram V F: +91 80 2839 5823 E: shivaram.v@dynamatics.net Dynamatic Technologies Limited Dynamatic Park Peenya Industrial Area Bangalore 560 058 India T: +91 80 2839 4933 / 34 / 35 www.dynamatics.net CIN: L7220