Dynamatic Technologies Limited · NSE:DYNAMATECH
Dynamatic Technologies — Q3 FY2021 Earnings Presentation
18 slides from Dynamatic Technologies's earnings presentation, 2021
Slide 1: Q3 and 9M FY2021 Earnings
Q3 and 9M FY2021 EARNINGS Hydraulics Aerospace Automotive & Metallurgy
Slide 2: Resurgence Post Covid
RESURGENCE POST COVID Highlights Q3 FY2021 vs. Q2 FY2021 Revenue (Rs. mn) The company has witnessed robust top-line growth over the past 2 18.3 quarters 3,40 % • Net Revenue of Rs.3,406 mn; up 18.3% from Rs. 2,878 mn in 2,87 6 8 Q2 FY21 o Aerospace segment revenue of Rs. 908 mn; down 2.5% from Rs. 9
Slide 3: Q3 FY2021 Performance Highlights
Q3 FY2021 PERFORMANCE HIGHLIGHTS Highlights Q3 FY2021 vs. Q3 FY2020 Q3 FY2021 Revenue Breakup • Net Revenue of Rs. 3,406 mn; up 10.6% from Rs. Q3 FY2021 3,078 mn in Q3 FY20 27% o Aerospace segment revenue of Rs. 908 mn; down 35% 31.5% from Rs. 1,325 mn 43% 48% Q3 FY2020 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: “The pandemic has tested our resilience, I am pleased to announce that the company has persevered, and we have registered continuous growth in top line over the last two qua
Slide 5: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q3 Q2 9M Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 3,406 3,078 2,878 8,194 10,030 EBITDA 378 443 409 971 1,495 Profit Before Tax (PBT) 22 (3) 10 (173) 250 Profit After Tax (PAT) 11 128 17 (141) 297 Basic EPS (Rs.) 1.80 20.14 2.68 (
Slide 6: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Exchange Rate Q3 FY2021 Q3 FY2020 Impact Q2 FY2021 Impact EURO vs. INR 86.3 78.4 7.8 85.4 0.9 GBP vs. INR 95.9 89.3 6.7 95.1 0.8 USD vs. INR 74.6 70.4 4.3 75.1 (0.5) Impact due to change in average exchange rates (Y-o-Y) Q3 FY2021 vs. Q3 FY2020 Q3
Slide 7: Aerospace Segment
AEROSPACE SEGMENT Financial Overview a Q3 y-o-y Q2 9M y-o-y Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 908 1,325 931 2,652 3,713 EBITDA 244 367 304 798 1,164 Performance Overview • A pivot towards the production for the defense sector was able to partially offset the sluggish sales of the civil av
Slide 8: Hydraulics Segment
HYDRAULICS SEGMENT Financial Overview . Q3 y-o-y Q2 9M y-o-y Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 834 664 763 2,002 2,298 EBITDA 96 47 89 174 214 Performance Overview • Hydraulics segment has registered robust growth over the past two quarters post COVID • An improvement in agricultural harv
Slide 9: Automotive and Metallurgy Segment
AUTOMOTIVE AND METALLURGY SEGMENT Financial Overview . Q3 y-o-y Q2 9M y-o-y Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 1,631 1,067 1,171 3,493 3,997 EBITDA 68 53 34 47 221 Performance Overview • An uptick in the auto industry during Q3 FY2021 owing to pent up demand from the first half of the year
Slide 10: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. mn) and Growth % (Q-o-Q) Segment Wise Revenue Contribution 3,406 3,078 3,182 2,878 32% 27% 43% 40% 43% 50.7% 1,910 25% 18.3% 20% 27% 3.4% 22% 21% (4.0)% (40.0)% 40% 41% 48% 35% 36% Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21
Slide 11: Quarterly Financial Trends: Capital Structure
QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. million) Mar-20 Jun-20 Sep-20 Dec-20 Long Term 3,876 3,922 3,909 3,839 3.8x 3.7x 3.7x Short Term 2,200 2,084 2,025 1,872 Total Debt 6,076 6,006 5,934 5,711 Less: Cash & Cash 830 569 568 453 1.7x 1.6x Equivalents
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 • Advanced iron foundry in Germany. Integrated • Owns one of the most advanced ferrous foundries in Europe (Germany) capable of Facilities manufacturing highly intricate castings • In-house division for design validation and optimization, analysis and prototypes • Has 9
Slide 14: Dynamatic Overview: Stable and High Growth Businesses
DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AUTOMOTIVE & • Ferrous automotive components • Audi • Hyundai METALLURGY including engine, transmission, • BMW • Nissan turbocharger and chassis parts • Daimler • MAN 40% of 9M FY21 • Ford • Volkswagen Revenue • BorgWarner AEROSPACE
Slide 15: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Institutional Investors Others • Samena Capital 31.7% • HDFC Mutual Fund Promoters • Alchemy and Group 48.8% • Mukul Agarwal and Group • Girish Gulati - HUF DIIs 8.7% FIIs 10.8% Shareholding Pattern Trend Equity History Shareholders Mar-20 Jun-20 Se
Slide 16: Financial Statements
FINANCIAL STATEMENTS Consolidated Income Statement (Y-o-Y and Q-o-Q Comparison) Profit & Loss Statement (Rs. million) Q3 FY20* Q2 FY21 Q3 FY21 Revenues Net Sales / Income from Operations 3,078 2,878 3,406 Other Operating Income - - - Total Revenues 3,078 2,878 3,406 Expenses Cost of Raw Materials Co
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 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
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