Slide 1: Q3 FY2018 Earnings Presentation
DYNAMATIC TECHNOLOGIES LIMITED Q3 FY2018 EARNINGS PRESENTATION ea Ose — SOF HYDRAULICS AEROSPACE & DEFENCE AUTOMOTIVE
Slide 2: Born to Fly
Pwr _ ; aa ATIC TECHNOLOGIES it 6. [») BORN TO FLY
Slide 3: Q3 FY2018 Performance Highlights
Q3 FY2018 PERFORMANCE HIGHLIGHTS Q3 FY2018 Revenue Breakup Q-o-Q Highlights Q3 FY2018 • Net Revenue of Rs. 3,517 mn; up 2.8% from Rs. 3,421 mn in Q2 FY18 Q2 FY2018 27% o Aerospace & Defence segment revenue of Rs. 951 mn; up 5.9% from Rs. 898mn 26% last quarter 51% 50% 23% o Hydraulics segment revenu
Slide 4: Performance Highlights: Management Commentary
PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: “Operationally, Q3 FY2018 has been quite a rewarding period with our continued execution of existing orders while taking on new orders with a great momentum. During this per
Slide 5: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q3 y-o-y Q2 q-o-q Nine Month y-o-y Rs. Million Growth Growth Growth FY18 FY17 (%) FY18 (%) FY18 FY17 (%) Revenue (Net of Excise 3,517 3,513 0.1% 3,421 2.8% 10,086 11,241 (10.3)% Duty) EBITDA 336 343 (2.0)% 319 5.3% 872 1,257 (30.6)% M
Slide 6: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Exchange Rate Q3 FY2018 Q3 FY2017 Impact Impact % Q2 FY2018 Impact Impact % EURO vs. INR 74.26 74.35 (0.08) (0.11)% 73.31 0.95 1.30% GBP vs. INR 84.19 89.30 (5.10) (5.72)% 83.34 0.85 1.02% USD vs. INR 64.49 67.12 (2.62) (3.91)% 64.37 0.12 0.19% Imp
Slide 7: Aerospace and Defence Segment
AEROSPACE AND DEFENCE SEGMENT Q3 FY18 Revenue Financial Overview Breakup Q3 y-o-y Q2 q-o-q Nine Month y-o-y Rs. Million UK India Growth Growth Growth FY18 FY17 FY18 FY18 FY17 29% (%) (%) (%) 71% Revenue 951 874 8.8% 898 5.9% 2,553 2554 0.0% India 676 581 16.4% 610 10.9% 1,743 1,612 8.1% UK 275 293 (
Slide 8: Hydraulics Segment
HYDRAULICS SEGMENT Q3 FY18 Revenue Financial Overview Breakup Q3 y-o-y Q2 q-o-q Nine Month y-o-y Rs. million UK India Growth Growth Growth 29% FY18 FY17 FY18 FY18 FY17 71% (%) (%) (%) Revenue 811 696 16.4% 790 2.6% 2,244 2,069 8.5% India 573 500 14.5% 556 3.1% 1,575 1,424 10.6% UK 238 196 21.3% 234
Slide 9: Automotive Segment
AUTOMOTIVE SEGMENT Q3 FY18 Revenue Financial Overview Breakup Q3 y-o-y Q2 q-o-q Nine Month y-o-y Rs. million Growth Growth Growth Germa FY18 FY17 (%) FY18 (%) FY18 FY17 (%) ny India Revenue 1,760 1,945 (9.5)% 1,732 1.6% 5,292 6,662 (20.6)% 78% 22% India – M 215 164 31.4% 192 12.3% 590 550 7.4% India
Slide 10: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. mn) and Growth (Q-o-Q) Segment Wise Revenue Contribution 3,783 3,513 3,421 3,517 3,148 25% 24% 22% 26% 27% 20% 19% 20% 23% 23% (7.9)% 7.7% 8.6% (16.8)% 2.8% 55% 58% 57% 51% 50% Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Aut
Slide 11: Quarterly Financial Trends: Capital Structure
QUARTERLY FINANCIAL TRENDS Capital Structure Interest Expense (Rs. mn) & Interest (Rs. million) Dec 31, 2017 Sept 30, 2017 Coverage (x) Long Term Borrowings 4,763 4,913 1.2x 1.2x 1.0x 0.9x Short Term Borrowings 2,243 2,084 0.4x Total Debt 7,006 6,997 195 Less: Cash & Cash 182 180 184 520 419 178 Equ
Slide 12: 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 13: 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 14: Combination of Stable and High Growth Businesses
DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses • Ferrous and non-ferrous AUTOMOTIVE automotive components • Audi • Hyundai including engine, transmission, turbochar • BMW • Nissan ger and chassis parts • Daimler • Tata Motors 50% of Q3 FY18 • Metallurgical ferrous and • Ford • V
Slide 15: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Institutional Investors • Samena Capital and Citi Group Others • HDFC Mutual Fund 22.6% Promoters • Alchemy and Group 50.2% • SBI Mutual Fund DIIs • Goldman Sachs 12.2% • Mukul Agarwal and Group • Premier Investment Fund FIIs • Cyril Traders 15.0% •
Slide 16: Financial Statements: Income Statement
FINANCIAL STATEMENTS Income Statement (Y-O-Y Comparison) Profit & Loss Statement (Rs. million) Q3 FY18 Q3 FY17 Revenues Net Sales / Income from Operations (Net of Excise Duty) 3,517 3,513 Other Operating Income - - Total Revenues 3,517 3,513 Expenses Cost of Raw Materials Consumed 1753 1,999 Changes
Slide 17: Financial Statements: Balance Sheet – Assets
FINANCIAL STATEMENTS Balance Sheet – Assets Balance Sheet (Rs. million) Sep-17 ASSETS Non-Current Assets Goodwill 907 Fixed Assets 7,139 Non-Current Investment 17 Deferred tax asset (net) 0 Long Term Loans and Advances 156 Other Non Current Assets 42 Total Non-Current Assets 8,261 Current Assets Inv
Slide 18: Financial Statements: Balance Sheet – Liabilities
FINANCIAL STATEMENTS Balance Sheet – Liabilities Balance Sheet (Rs. million) Sep-17 EQUITY and LIABILITIES Shareholders Fund Share capital 63 Reserves and surplus 3,286 Money Received against Share Warrants 0 Non-controlling interest (Preference capital) 0 Total Shareholders Fund 3,349 Non-Current L
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 Chief Financial Officer Dynamatic Technologies Limited Dynamatic Park Peenya Industrial Area Bangalore 560 058 India T: +91 80 2839 4933 / 34 / 35 F: +91 80 2839 5823 E: chalapathi.p@dynamatics.net Mr. Naveen Chandra Head – Legal, Compliance & Company Secretary Dynam