Slide 1: Q2 FY2022 Earnings
Q2 FY2022 EARNINGS Hydraulics Aerospace Automotive & Metallurgy
Slide 2: Q2 FY2022 Performance Highlights
Q2 FY2022 PERFORMANCE HIGHLIGHTS Highlights Q2 FY2022 vs. Q2 FY2021 Q2 FY2022 Revenue Breakup • Revenue of Rs. 304 cr; up 13.2% from Rs. 269 cr in Q2 FY2022 Q2 FY21 26% 39% o Aerospace segment revenue of Rs. 78 cr; down 37% 35% Q2 FY2021 16.3% from Rs. 93 cr o Hydraulics segment revenue of Rs. 109 c
Slide 3: Performance Highlights: Management Commentary
PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: “Performance at our flagship Aerospace division continued to be suppressed due to lower offtake in the commercial jet market. However, Airbus has provided us with an aggress
Slide 4: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights (Continuing Operations) Q2 Q1 H1 Rs. crore FY22 FY21 FY22 FY22 FY21 Revenue 304 269 320 625 455 EBITDA 38 41 40 78 62 Profit Before Tax (PBT) 6 4 8 14 (11) PAT 3 5 6 9 (7) Basic EPS (Rs.) (15.92) 2.66 3.97 (11.94) (24.05) PAT from Con
Slide 5: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Exchange Rate Q2 FY2022 Q2 FY2021 Impact Q1 FY2022 Impact EURO vs. INR 88.1 85.4 2.7 88.9 -0.8 GBP vs. INR 102.6 95.1 7.4 103.1 -0.5 USD vs. INR 73.9 75.1 (1.2) 73.8 0.2 Impact due to change in average exchange rates (Y-o-Y) Q2 FY2022 vs. Q2 FY2021
Slide 6: Aerospace Segment
AEROSPACE SEGMENT Financial Overview a Q2 y-o-y Q1 H1 y-o-y Rs. crore FY22 FY21 FY22 FY22 FY21 Revenue 78 93 87 165 174 EBITDA 21 31 22 43 58 Performance Overview • The aerospace segment was impacted by slower-than-expected international defense volumes. The civil aviation sector continues to be imp
Slide 7: Hydraulics Segment
HYDRAULICS SEGMENT Financial Overview . Q2 y-o-y Q1 H1 y-o-y Rs. crore FY22 FY21 FY22 FY22 FY21 Revenue 109 76 93 202 117 EBITDA 18 10 13 32 9 Performance Overview • Hydraulics segment has continued its strong performance in Q2, with improved margin levels compared to previous quarters largely due t
Slide 8: Automotive and Metallurgy Segment
AUTOMOTIVE AND METALLURGY SEGMENT Financial Overview . Q2 y-o-y Q1 H1 y-o-y Rs. crore FY22 FY21 FY22 FY22 FY21 Revenue 118 98 140 258 162 EBITDA 5 5 9 14 3 Performance Overview • Auto segment saw a considerable growth from the same period last year on a comparable basis. The global chip shortages ha
Slide 9: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. cr) and Growth % (Q-o-Q) Segment Wise Revenue Contribution 45.0% 15.3% 14.0% (9.3)% (5.0)% (38.7)% 34% 37% 43% 42% 44% 39% 22% 29% 28% 27% 29% 36% 44% 35% 185 269 310 353 320 304 30% 31% 27% 26% Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q1 FY21 Q2 FY21 Q
Slide 10: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. crore) Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Long Term 391 384 427 382 371 Short Term 203 187 151 162 155 Total Debt 593 571 577 545 527 3.6x Less: Cash 3.0x & Cash 57 45 61 48 59 2.8x Equivalents Net Debt 537 526 5
Slide 11: 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 12: 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 13: Dynamatic Overview
DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AEROSPACE • Wings, rear fuselages, ailerons, wing flaps and major airframe • Airbus • Spirit structures • Boeing Aerosystems 27% of H1 FY22 • Ramp structure assembly • Bell • HAL Revenue • AFT Pylon assembly • Hydraulic valves • Cum
Slide 14: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Investors • Samena Capital Others • HDFC Mutual Fund 35.0% Promoters • Alchemy and Group 44.8% • Mukul Agarwal and Group Alternative • Girish Gulati – HUF Investment • Abakkus Emerging Opportunities Fund Fund 2.2% • Madhusudan Kela and Group DIIs 6.
Slide 15: Financial Statements: Consolidated P&L
FINANCIAL STATEMENTS Consolidated P&L Account (Q-o-Q Comparison) Profit & Loss Statement (Rs. crore) Q2 FY21 Q1 FY22 Q2 FY22 Revenues Net sales / income from operations 269 320 304 Other operating income - - - Total revenues 269 320 304 Expenses Cost of raw materials consumed 137 161 150 Changes in
Slide 16: Consolidated Balance Sheet - Assets
FINANCIAL STATEMENTS Consolidated Balance Sheet - Assets Sep-20 (Unaudited) Mar-21 (Audited) Sep-21 Unaudited) 579 445 435 3 3 6 100 103 102 22 23 24 102 137 133 10 9 10 10 16 17 1 2 3 826 739 731 269 225 239 175 198 184 35 38 37 22 23 22 15 10 11 50 57 64 565 550 557 - 140 60 1,391 1,429 1,348 16
Slide 17: Consolidated Balance Sheet - Liabilities
FINANCIAL STATEMENTS Consolidated Balance Sheet - Liabilities Sep-20 (Unaudited) Mar-21 (Audited) Sep-21 Unaudited) 6 6 6 362 362 356 368 369 362 339 363 323 81 118 113 1 2 2 8 8 8 1 1 1 23 25 26 454 517 472 203 214 204 202 205 181 103 46 46 44 49 50 6 6 8 1 11 12 10 10 11 570 541 513 - 2 - 1,391 1,
Slide 18: Consolidated Cash Flow Statement
FINANCIAL STATEMENTS Consolidated Cash Flow Statement Cash Flow Statement (Rs. crore) Sep-20 (Unaudited) Mar-21 (Audited) Sep-21 Unaudited) Profit before tax (19) (16) (2) Continuing operations (11) 8 14 Discontinued operations (9) (24) (17) Adjustments: 0 0 0 Interest income (1) (3) (1) Loss on sal
Slide 19: Consolidated Cash Flow Statements
FINANCIAL STATEMENTS Consolidated Cash Flow Statements Sep-20 (Unaudited) Mar-21 (Audited) Sep-21 Unaudited) Cash flows from investing activities Expenditure on property, plant and equipment, right of use assets and intangibles (18) (78) (27) Proceeds from sale of property, plant and equipment 0 0 6
Slide 20: 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 21: 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