Slide 1: Q4 and Full Year FY2020 Earnings
Q4 and Full Year FY2020 EARNINGS Hydraulics Aerospace Automotive
Slide 2: FY2020 Performance Highlights
FY2020 PERFORMANCE HIGHLIGHTS Highlights FY2020 vs. FY2019 FY2020 Revenue Breakup • Net Revenue of Rs.13,212 mn; down 11.9% from FY2020 Rs.15,003 mn in FY19 o Aerospace segment revenue of Rs. 4,976 mn; up 6.1% from Rs.4,689 mn 38% 40% 31% 45% FY2019 o Hydraulics segment revenue of Rs. 2,950 mn; down
Slide 3: Performance Highlights: Management Commentary
PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: “The year FY2020 was a mixed bag for us. Our Aerospace segment continued its growth momentum supported by a robust order execution and delivery. Hydraulics and Automotive se
Slide 4: Covid-19 Impact, Response and Outlook
COVID-19 IMPACT, RESPONSE AND OUTLOOK • All factories and offices in India were closed from 24th March. Our plants in Europe have also faced shutdowns and short working days due the pandemic • Aerospace division started operations in first week April as it was classified under essential services Imp
Slide 5: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q4 Q3 Full Year Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 3,182 3,849 3,078 13,212 15,003 EBITDA 404 474 443 1,899 1,752 Profit Before Tax (PBT) 48 155 (3) 298 537 Profit After Tax (PAT) 253 92 128 551 312 Basic EPS (Rs.) 39.94 14.
Slide 6: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Exchange Rate Q4 FY2020 Q4 FY2019 Impact Q3 FY2020 Impact EURO vs. INR 78.8 80.9 (2.2) 78.4 0.3 GBP vs. INR 90.1 91.7 (1.6) 89.3 0.8 USD vs. INR 70.9 69.9 1.0 70.4 0.5 Impact due to change in average exchange rates (Y-o-Y) Q4 FY2020 vs. Q4 FY2019 Q
Slide 7: Aerospace Segment
AEROSPACE SEGMENT Financial Overview a Q4 y-o-y Q3 Full Year y-o-y Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 1,264 1,232 1,325 4,976 4,689 EBITDA 361 286 367 1,525 1,168 Adjusted 289 286 294 1,232 1,168 EBITDA Performance Overview • Continued order book execution and delivery leading to Q4 FY2020
Slide 8: Hydraulics Segment
HYDRAULICS SEGMENT Financial Overview . Q4 y-o-y Q3 Full year y-o-y Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 651 934 664 2,950 3,631 EBITDA 15 118 47 229 416 Adjusted (6) 118 24 149 416 EBITDA • Hydraulics segment revenue growth was impacted by the overall global slowdown and the pandemic led lo
Slide 9: Automotive and Metallurgy Segment
AUTOMOTIVE AND METALLURGY SEGMENT Financial Overview . Q4 y-o-y Q3 Full Year y-o-y Rs. Million FY20 FY19 FY20 FY20 FY19 Revenue 1,264 1,682 1,067 5,261 6,683 EBITDA 67 98 53 288 251 Adjusted 27 98 15 137 251 EBITDA Performance Overview • Automotive and Metallurgy segment topline growth was subdued d
Slide 10: Yearly Financial Trends
YEARLY FINANCIAL TRENDS Revenue (Rs. mn) and Growth (Y-o-Y) Segment Wise Revenue Contribution 14,938 15,078 15,003 13,211 13,212 18% 22% 27% 31% 38% 18% 19% 24% 24% 13.6% 22% 0.9% 64% (8.3)% 58% 49% (12.4)% (11.9)% 45% 40% FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Automotive & Metallurgy Hyd
Slide 11: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. mn) and Growth (Q-o-Q) Segment Wise Revenue Contribution 3,666 3,849 3,747 3,205 3,078 3,182 33% 32% 32% 37% 40% 43% 5.0% 3.4% (0.9)% 24% 24% 23% (2.6)% 24% 20% (4.0)% 22% 43% 44% 45% 39% 40% (14.5)% 35% Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q3 FY19
Slide 12: Quarterly Financial Trends: Capital Structure
QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) 3.7x 3.8x (Rs. million) Jun-19 Sep-19 Dec-19 Mar-20 3.4x Long Term 4,300 3,975 3,905 3,876 3.7x 3.5x 3.4x Short Term 2,276 2,324 2,347 2,200 2.0x 2.1x Operating 2.0x 1,353 1,416 1,430 1,353 Lease 2.0x Total Debt 7,929
Slide 13: 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 14: 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 15: 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, turbocharger and chassis parts • BMW • Nissan • Daimler • Tata Motors • Metallurgical ferrous and 40% of FY20 aluminium casting
Slide 16: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Institutional Investors • HDFC Mutual Fund Others Promoters 25.8% • Samena Capital 48.8% • Taiyo Greater India Fund • Alchemy and Group • Mukul Agarwal and Group DIIs 10.6% • Girish Gulati - HUF • SBI Mutual Fund FIIs • Premier Investment Fund 14.8%
Slide 17: Financial Statements: Income Statement (Y-o-Y)
FINANCIAL STATEMENTS Income Statement (Y-o-Y) Profit & Loss Statement (Rs. million) FY20 FY19 FY18 Revenues Net Sales / Income from Operations 13,212 15,003 13,211 Other Operating Income - - Total Revenues 13,212 15,003 13,211 Expenses Cost of Raw Materials Consumed 6,296 7,741 6,738 Changes in Inve
Slide 18: Financial Statements: Income Statement (Y-o-Y and Q-o-Q)
FINANCIAL STATEMENTS Income Statement (Y-o-Y and Q-o-Q Comparison) Profit & Loss Statement (Rs. million) Q4 FY20 Q3 FY20 Q4 FY19 Revenues Net Sales / Income from Operations 3,182 3,078 3,849 Other Operating Income - - Total Revenues 3,182 3,078 3,849 Expenses Cost of Raw Materials Consumed 1,608 1,3
Slide 19: Financial Statements: Balance Sheet – Assets
FINANCIAL STATEMENTS Balance Sheet – Assets Balance Sheet (Rs. million) Mar-20 Mar-19 Assets Non-current assets Property, plant and equipment 5,886 5,259 Capital work in progress 30 56 Goodwill 972 925 Intangible assets 234 254 Right of use assets 1,172 - Financial assets Investments 3 3 Loans 101 1
Slide 20: Financial Statements: Balance Sheet – Liabilities
FINANCIAL STATEMENTS Balance Sheet – Liabilities Balance Sheet (Rs. million) Mar-20 Mar-19 EQUITY and LIABILITIES Shareholders Fund Share capital 63 63 Reserves and surplus 3,668 3,186 Total Shareholders Fund 3,731 3,249 Non-Current Liabilities Financial liabilities Borrowings 3,577 3,958 Lease liab
Slide 21: Financial Statements: Cash Flow Statements
FINANCIAL STATEMENTS Cash Flow Statements Cash Flow Statement (Rs. million) Mar-20 Mar-19 Net cash generated from operating activities 1,933 1,238 Net cash used in investing activities (518) 30 Net cash (used in)/provided by financing activities (1,228) (1,283) Net increase/(decrease) in cash and ca
Slide 22: 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 23: 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