Slide 1: Q3 FY2023 Earnings
Q3 FY2023 EARNINGS Hydraulics Aerospace Metallurgy
Slide 2: Q3 FY2023 Performance Highlights
Q3 FY2023 PERFORMANCE HIGHLIGHTS Highlights Q3 FY2023 vs. Q3 FY2022 Q3 FY2023 Revenue Breakup • Revenue of Rs. 313.2 cr; up by 1.8% from Rs. 307.7 Q3 FY2023 cr in Q3 FY22 28% o Aerospace segment revenue of Rs. 112.1 cr; up by Q3 FY2022 36% 17.2% from Rs. 95.6 cr 33% 31% o Hydraulics segment revenue
Slide 3: 9M FY2023 Performance Highlights
9M FY2023 PERFORMANCE HIGHLIGHTS Highlights 9M FY2023 vs. 9M FY2022 9M FY2023 Revenue Breakup • Revenue of Rs. 947.9 cr; up by 1.7% from Rs. 932.5 9M FY2023 cr in 9M FY22 o Aerospace segment revenue of Rs. 318.0 cr; up by 30% 34% 9M FY2022 22.0% from Rs. 260.8 cr 28% 39% o Hydraulics segment revenue
Slide 4: Performance Highlights: Management Commentary
PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: With global customers shutting down during mid-December for Christmas vacations, Q3 is predictably slower. The Company reported stable business in Aerospace and Hydraulic se
Slide 5: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights (Continuing Operations) Q3 y-o-y Q2 q-o-q 9M y-o-y Rs. crore Growth Growth Growth FY23 FY22 (%) FY23 (%) FY23 FY22 (%) Revenue 313.2 307.7 1.8% 323.7 (3.2)% 947.9 932.5 1.7% EBITDA 42.0 43.0 (2.4)% 47.6 (11.8)% 131.8 121.0 8.9% Margin
Slide 6: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Q3 FY2023 vs. Q2 Q3 FY2023 vs. Q3 FY2023 FY2022 Exchange Rate Q3 FY2023 Q2 FY2023 Q3 FY2022 Impact Impact % Impact Impact % EURO vs. INR 82.11 81.22 87.34 0.89 1.1% (5.23) (6.0)% GBP vs. INR 95.73 95.37 102.11 0.37 0.4% (6.38) (6.2)% USD vs. INR 79
Slide 7: Aerospace Segment
AEROSPACE SEGMENT Financial Overview a Q3 y-o-y Q2 q-o-q 9M y-o-y Rs. crore Growth Growth Growth FY23 FY22 (%) FY23 (%) FY23 FY22 (%) Revenue 112.1 95.6 17.2% 109.4 2.4% 318.0 260.8 22.0% EBITDA 29.7 30.1 (1.4)% 30.6 (3.0)% 86.9 72.9 19.1% Margin (%) 26.5% 31.5% 28.0% 27.3% 28.0% Performance Overvie
Slide 8: Hydraulics Segment
HYDRAULICS SEGMENT Financial Overview . Q3 y-o-y Q2 q-o-q 9M y-o-y Rs. crore Growth Growth Growth FY23 FY22 (%) FY23 (%) FY23 FY22 (%) Revenue 111.4 107.8 3.3% 121.0 (7.9)% 343.0 309.6 10.8% EBITDA 21.3 18.5 14.6% 24.4 (12.7)% 65.9 50.0 31.7% Margin (%) 19.1% 17.2% 20.1% 19.2% 16.2% Performance Over
Slide 9: Metallurgy Segment
METALLURGY SEGMENT Financial Overview . Q3 y-o-y Q2 q-o-q 9M y-o-y Rs. crore Growth Growth Growth FY23 FY22 (%) FY23 (%) FY23 FY22 (%) Revenue 89.6 102.2 (12.3)% 93.3 (3.9)% 286.8 359.7 (20.3)% EBITDA (0.2) 1.4 nm 2.0 nm 5.4 15.4 (65.2)% Margin (%) (0.2)% 1.4% 2.1% 1.9% 4.3% Performance Overview • M
Slide 10: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. cr) and Growth % (Q-o-Q) Segment Wise Revenue Contribution 15.3% 14.0% (9.3)% (5.0)% 1.1% 4.3% (3.1)% 4.1% (3.2)% 30% 31% 27% 26% 31% 31% 31% 34% 36% 44% 39% 33% 33% 33% 29% 43% 42% 28% 27% 28% 29% 36% 35% 36% 36% 37% 36% 310.0 353.3 320.4 304.4 307.7 320.9 31
Slide 11: Quarterly Financial Trends: Capital Structure
QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. crore) Mar-22 Jun-22 Sept-22 Dec-22 3.1x 3.2x Long Term 378.1 368.4 350.0 359.0 3.0x Short Term 165.4 202.9 221.0 251.0 Total Debt 543.5 571.3 571.0 610.0 Less: Cash & Cash 1.4x 1.4x 1.4x 39.7 44.5 30.0 37.0 Equi
Slide 12: Dynamatic Overview
DYNAMATIC OVERVIEW • A combination of stable and high growth businesses with highly engineered products for Diversified the automotive, hydraulic and aerospace industries business • Successful track record of enhancing manufacturing capabilities through R&D and selective acquisitions • One of the wo
Slide 13: Dynamatic Overview
DYNAMATIC OVERVIEW Vertically • Owns one of the most advanced ferrous foundries in Europe (Germany) capable of Integrated manufacturing highly intricate castings Facilities • In-house division for design validation and optimization, analysis and prototypes • 9 Facilities globally, spread across Indi
Slide 14: Dynamatic Overview: Stable and High Growth Businesses
DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AEROSPACE • Wings, rear fuselages, ailerons, wing flaps and major airframe • Airbus • Spirit structures • Boeing Aerosystems 36% of Q3 • Ramp structure assembly • Bell • HAL FY223 Revenue • AFT Pylon assembly • Hydraulic valves • Cu
Slide 15: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Investors • Samena Capital Others • HDFC Mutual Fund 34.5% Promoters • Alchemy and Group 44.8% • Girish Gulati – HUF • Abakkus Emerging Opportunities Fund Alternative • Madhusudan Kela and Group Investment • Rohini Nilekani Fund DIIs 3.0% 6.5% FIIs
Slide 16: Financial Statements
FINANCIAL STATEMENTS Consolidated P&L Statement (Q-o-Q Comparison) Profit & Loss Statement (Rs. crore) Q3 FY22 Q2 FY23 Q3 FY23 Continuing Operations: Revenues Revenue from operations 307.7 323.7 313.2 Expenses - Cost of materials and components consumed 307.7 166.8 157.1 Change in inventory of finis
Slide 17: 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 18: Contact Details
CONTACT DETAILS Mr. Chalapathi P Chief Financial Officer F: +91 80 2839 5823 E: chalapathi.p@dynamatics.net Mr. Shivaram V Head – Legal, Compliance & Company Secretary F: +91 80 2839 5823 E: shivaram.v@dynamatics.net Dynamatic Technologies Limited Dynamatic Park Peenya Industrial Area Bangalore 560