Slide 1: Q1 FY2024 Earnings Presentation
DYNAMATIC TECHNOLOGIES LIMITED Q1 FY2024 EARNINGS PRESENTATION Hydraulics Aerospace Metallurgy © 2023 Proprietary Information of Dynamatic Technologies Limited
Slide 2: Q1 FY2024 Performance Highlights
DYNAMATIC TECHNOLOGIES LIMITED Q1 FY2024 PERFORMANCE HIGHLIGHTS Highlights Q1 FY2024 vs. Q1 FY2023 Q1 FY2024 Revenue Breakup Q1 • Revenue of Rs. 362.5 cr; up by 16.6% from Rs. 311.0 cr in Q1 FY23 FY2024 o Aerospace segment revenue of Rs. 103.8 cr; up by 7.6% from Rs. 96.5 cr 29% Q1 39% 33% 31% FY202
Slide 3: Performance Highlights: Management Commentary
DYNAMATIC TECHNOLOGIES LIMITED PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: During the quarter, the company shifted its Aerospace manufacturing from its four-decade old facility at Peenya, Bangalore, to the newly const
Slide 4: Financial Performance Summary
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q1 Q4 y-o-y q-o-q Rs. crore Growth (%) Growth (%) FY24 FY23 FY23 Revenue 362.5 311.0 16.6% 367.9 (1.5)% EBITDA 37.0 42.3 (12.5)% 49.5 (25.2)% Margin (%) 10.2% 13.6% 13.4% PBT 46.1 9.7 374.7% 25.0 84.7% P
Slide 5: Aerospace Segment
DYNAMATIC TECHNOLOGIES LIMITED AEROSPACE SEGMENT Financial Overview Q1 Q4 y-o-y q-o-q Rs. crore Growth (%) Growth (%) FY24 FY23 FY23 Revenue 103.8 96.5 7.6% 119.4 (13.0)% EBITDA 21.6 26.6 (18.5)% 32.1 (32.6)% Margin (%) 20.8% 27.5% 26.9% Performance Overview • The aerospace segment reported a modera
Slide 6: Hydraulics Segment
DYNAMATIC TECHNOLOGIES LIMITED HYDRAULICS SEGMENT Financial Overview Q1 Q4 y-o-y q-o-q Rs. crore Growth (%) Growth (%) FY24 FY23 FY23 Revenue 115.7 110.6 4.6% 118.7 (2.5)% EBITDA 15.8 20.3 (22.0)% 21.5 (26.6)% Margin (%) 13.7% 18.3% 18.1% Performance Overview • Hydraulics segment showed a growth of
Slide 7: Metallurgy Segment
DYNAMATIC TECHNOLOGIES LIMITED METALLURGY SEGMENT Financial Overview Q1 Q4 y-o-y q-o-q Rs. crore Growth (%) Growth (%) FY24 FY23 FY23 Revenue 142.2 103.9 37.0% 129.8 9.6% EBITDA 13.6 3.6 276.7% 11.8 15.0% Margin (%) 9.5% 3.5% 9.1% Performance Overview • Metallurgy segment recorded robust performance
Slide 8: Quarterly Financial Trends
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Revenue (Rs. cr) and Growth % (Q-o-Q) Segment Wise Revenue Contribution 1.1% 4.3% 4.1% 17.5% (1.5)% (9.3)% (5.0)% (3.1)% (3.2)% 27% 26% 31% 31% 31% 34% 32% 29% 36% 44% 39% 33% 33% 33% 29% 39% 29% 35% 29% 36% 35% 36% 36% 37% 36% 32% 32% 320.4
Slide 9: Quarterly Financial Trends: Capital Structure
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. crore) June-22 Mar-23 June-23 Long Term 368.4 361.2 369.3 3.1x Short Term 202.9 257.2 171.6 2.5x 2.2x Total Debt 571.3 618.4 540.9 Less: Cash & Cash Equivalents 44.5 160.9 147.1 1.4
Slide 10: Dynamatic Overview
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW • A combination of stable and high growth businesses with highly engineered products for the automotive, hydraulic and aerospace industries Diversified business • Successful track record of enhancing manufacturing capabilities through R&D and selecti
Slide 11: Dynamatic Overview
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW • Owns one of the most advanced ferrous foundries in Europe (Germany) capable of manufacturing highly intricate castings Vertically • In-house division for design validation and optimization, analysis and prototypes Integrated Facilities • 9 Faciliti
Slide 12: Combination of Stable and High Growth Businesses
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AEROSPACE • Wings, rear fuselages, ailerons, wing • Airbus • Spirit flaps and major airframe structures Aerosystems • Boeing • Ramp structure assembly • HAL • Bell 29% of Q1 FY24 Revenue • AFT Pylon as
Slide 13: Blue Chip Investor Base
DYNAMATIC TECHNOLOGIES LIMITED BLUE CHIP INVESTOR BASE Shareholding Structure Key Investors • Samena Capital Others 31.1% Promoters • HDFC Mutual Fund 41.9% • Alchemy and Group Alternative • Girish Gulati – HUF Investment • Abakkus Group Fund DIIs 4.7% 5.8% • Madhusudan Kela and Group FIIs 16.6% • C
Slide 14: Financial Statements
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Consolidated P&L Statement (Q-o-Q) Profit & Loss Statement (Rs. crore) Q1 FY23 Q4 FY23 Q1 FY24 Revenues Revenue from operations 311.0 367.9 362.5 Expenses Cost of materials and components consumed 156.2 179.5 166.4 Change in inventory of finished g
Slide 15: Important Notice
DYNAMATIC TECHNOLOGIES LIMITED 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’
Slide 16: Contact Details
DYNAMATIC TECHNOLOGIES LIMITED CONTACT DETAILS Mr. Chalapathi P Chief Financial Officer F: +91 80 2839 5823 E: chalapathi.p@dynamatics.net Mr. Shivaram V Head – Legal, Compliance & Company Secretary F: +91 80 2839 5823 E: shivaram.v@dynamatics.net Dynamatic Technologies Limited JKM Plaza, Dynamatic