Slide 1: Q3 and 9M FY2020 Earnings
Q3 and 9M FY2020 EARNINGS Hydraulics Aerospace Automotive
Slide 2: 9M FY2020 Performance Highlights
9M FY2020 PERFORMANCE HIGHLIGHTS Highlights 9M FY2020 vs. 9M FY2019 9M FY2020 Revenue Breakup • Net Revenue of Rs.10,030 mn; down 10.1% from 9M FY2020 Rs. 11,154 mn in 9M FY19 o Aerospace segment revenue of Rs. 3,713 mn; up 7.4% from Rs. 3,457 mn 9M FY2019 o Hydraulics segment revenue of Rs. 2,298 m
Slide 3: Performance Highlights: Management Commentary
PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: “Operationally, Q3 FY2020 was a difficult period with weak demand affecting our Automotive and Hydraulic businesses. Our Aerospace business performance remained robust due t
Slide 4: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q3 Q2 9M Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 3,078 3,666 3,205 10,030 11,154 EBITDA 443 439 476 1,495 1,278 Profit Before Tax (PBT) (3) 102 86 250 382 Profit After Tax (PAT) 128 57 66 297 219 Basic EPS (Rs.) 20.14 8.99 10.74
Slide 5: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Exchange Rate Q3 FY2020 Q3 FY2019 Impact Q2 FY2020 Impact EURO vs. INR 78.4 81.2 (2.8) 78.2 0.2 0.3% GBP vs. INR 89.3 91.7 (2.5) 88.1 1.2 1.4% USD vs. INR 70.4 69.7 0.7 70.0 0.4 0.6% Impact due to change in average exchange rates (Y-o-Y) Q3 FY2020
Slide 6: Aerospace Segment
AEROSPACE SEGMENT Financial Overview a Q3 y-o-y Q2 9M y-o-y Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 1,325 1,198 1,190 3,713 3,457 EBITDA 367 316 415 1,164 882 Adjusted 294 316 337 943 882 EBITDA Performance Overview • Continued order book execution and delivery leading to Q3 FY2020 revenue grow
Slide 7: Hydraulics Segment
HYDRAULICS SEGMENT Financial Overview . Q3 y-o-y Q2 9M y-o-y Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 664 891 766 2,298 2,697 EBITDA 47 104 59 214 297 Adjusted 24 104 46 156 297 EBITDA Performance Overview • Hydraulics segment revenue growth was impacted by the overall slowdown. • Outlook: Newly
Slide 8: Automotive and Metallurgy Segment
AUTOMOTIVE AND METALLURGY SEGMENT Financial Overview . Q3 y-o-y Q2 9M y-o-y Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 1,067 1,577 1,249 3,997 5,001 EBITDA 53 39 43 221 148 Adjusted 15 39 5 110 148 EBITDA Performance Overview • With a focus on margin expansion, low margin products rationalization
Slide 9: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. mn) and Growth (Q-o-Q) Segment Wise Revenue Contribution 3,699 3,666 3,849 3,747 3,205 3,078 5.0% 31% 33% 32% 32% 37% 43% (0.9)% (2.4)% (2.6)% (4.0)% 25% 24% 24% 23% 24% 22% (14.5)% 44% 43% 44% 45% 39% 35% Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q2 FY1
Slide 10: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) 3.7x 3.6x (Rs. million) Mar-19 Jun-19 Sep-19 Dec-19 3.5x Long Term 4,424 4,300 3,975 3,905 3.6x 3.5x 3.4x Short Term 2,160 2,276 2,324 2,347 2.3x 2.1x 2.1x Operating - 1,353 1,416 1,430 Lease 2.1x Total Debt 6,584 7,9
Slide 11: Dynamatic Overview
DYNAMATIC OVERVIEW Diversified • A combination of stable and high growth businesses with highly engineered products for business the automotive, hydraulic and aerospace industries • Successful track record of enhancing manufacturing capabilities through R&D and selective acquisitions Competitive • O
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
DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AUTOMOTIVE & • Ferrous and non-ferrous automotive components • Audi • Hyundai METALLURGY including engine, transmission, • BMW • Nissan turbocharger and chassis parts • Daimler • Tata Motors • Metallurgical ferrous and • Ford • Volk
Slide 14: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Institutional Investors • Samena Capital Others • HDFC Mutual Fund 25.7% • Alchemy and Group Promoters • Taiyo Greater India Fund 48.8% • Girish Gulati - HUF DIIs • Mukul Agarwal and Group 10.6% • SBI Mutual Fund FIIs • Premier Investment Fund 14.9%
Slide 15: Financial Statements
FINANCIAL STATEMENTS Income Statement (Y-o-Y and Q-o-Q Comparison) Q3 Q2 Q3 Profit & Loss Statement (Rs. million) FY19 FY20 FY20 Revenues Net Sales / Income from Operations (Net of Excise Duty) 3,666 3,205 3,078 Other Operating Income - - - Total Revenues 3,666 3,205 3,078 Expenses Cost of Raw Mater
Slide 16: 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 17: 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