Slide 1: Q2 and H1 FY2021 Earnings
Q2 and H1 FY2021 EARNINGS Hydraulics Aerospace Automotive & Metallurgy
Slide 2: Resurgence Post COVID
RESURGENCE POST COVID Highlights Q2 FY2021 vs. Q1 FY2021 Revenue (Rs. mn) Growth: 50.7% (Q-o-Q) During the quarter, the company recorded a robust performance and turned profitable after having recorded net loss in Q1 FY2021 owing to the ongoing pandemic 2,878 50.7 % • Net Revenue of Rs.2,878 mn; up
Slide 3: Q2 FY2021 Performance Highlights
Q2 FY2021 PERFORMANCE HIGHLIGHTS Highlights Q2 FY2021 vs. Q2 FY2020 Q2 FY2021 Revenue Breakup • Net Revenue of Rs.2,878 mn; down 10.2% from Rs. Q2 FY2021 3,205 mn in Q2 FY20 o Aerospace segment revenue of Rs. 931 mn; down 32% 21.8% from Rs. 1,190 mn 41% 37% 39% Q2 FY2020 o Hydraulics segment revenue
Slide 4: Performance Highlights: Management Commentary
PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: “After experiencing a sudden business disruption demand-shock during Q1 induced by COVID and lockdown globally, we are pleased to announce a smart bounce back in Q2 with con
Slide 5: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q2 Q1 H1 Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 2,878 3,205 1,910 4,789 6,952 EBITDA 409 478 184 593 1,051 Profit Before Tax (PBT) 10 88 (205) (195) 253 Profit After Tax (PAT) 17 68 (169) (153) 170 Basic EPS (Rs.) 2.67 10.74 (26
Slide 6: Performance Highlights: Foreign Exchange Fluctuation
PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Exchange Rate Q2 FY2021 Q2 FY2020 Impact Q1 FY2021 Impact EURO vs. INR 85.4 78.2 7.2 83.6 1.8 GBP vs. INR 95.1 88.1 7.1 94.2 0.9 USD vs. INR 75.1 70.0 5.1 75.9 -0.8 Impact due to change in average exchange rates (Y-o-Y) Q2 FY2021 vs. Q2 FY2020 Q2 F
Slide 7: Aerospace Segment
AEROSPACE SEGMENT Financial Overview a Q2 y-o-y Q1 H1 y-o-y Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 931 1,190 813 1,744 2,388 EBITDA 304 415 250 554 797 Performance Overview • The civil aviation sector continued to witness challenges due to the global pandemic, however the impact was offset by
Slide 8: Hydraulics Segment
HYDRAULICS SEGMENT Financial Overview . Q2 y-o-y Q1 H1 y-o-y Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 763 766 406 1,169 1,634 EBITDA 89 59 (11) 78 167 Performance Overview • Hydraulics segment revenue growth has recovered from the impact of the pandemic and is returning to the pre-Covid levels.
Slide 9: Automotive and Metallurgy Segment
AUTOMOTIVE AND METALLURGY SEGMENT Financial Overview . Q2 y-o-y Q1 H1 y-o-y Rs. Million FY21 FY20 FY21 FY21 FY20 Revenue 1,170 1,249 691 1,861 2,930 EBITDA 34 43 (55) (21) 168 Performance Overview • The Automotive and Metallurgy segment topline growth has witnessed an increase relative to Q1 FY2021.
Slide 10: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Revenue (Rs. mn) and Growth % (Q-o-Q) Segment Wise Revenue Contribution 3,747 3,205 3,078 3,182 2,878 32% 37% 32% 43% 40% 43% 1,910 23% 3.4% 24% 20% 27% (2.6)% (4.0)% 50.7% 22% 21% (14.5)% (40.0)% 45% 39% 40% 36% 41% 35% Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q1 F
Slide 11: Quarterly Financial Trends: Capital Structure
QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. million) Sep-19 Mar-20 Sep-20 4.6x 4.5x Long Term 3,975 3,876 3,909 Short Term 2,324 2,200 2,025 3.7x Operating Lease 1,416 1,353 1,256 2.3x Total Debt 7,715 7,429 7,190 2.0x 2.0x Less: Cash & Cash 407 830 568 Eq
Slide 12: 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 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: Dynamatic Overview: Stable and High Growth Businesses
DYNAMATIC OVERVIEW Combination of Stable and High Growth Businesses AEROSPACE • Wings, rear fuselages, ailerons, wing flaps and major airframe • Airbus • Spirit structures • Boeing Aerosystems 37% of H1 FY21 • Ramp structure assembly • Bell • HAL Revenue • AFT Pylon assembly AUTOMOTIVE & • Ferrous a
Slide 15: Blue Chip Investor Base
BLUE CHIP INVESTOR BASE Shareholding Structure Key Institutional Investors • Samena Capital Others • HDFC Mutual Fund 31.5% • Alchemy and Group Promoters 48.8% • Mukul Agarwal and Group • Girish Gulati - HUF DIIs 8.9% FIIs 10.8% Shareholding Pattern Trend Equity History Shareholders Dec-19 Mar-20 Ju
Slide 16: Financial Statements: Income Statement
FINANCIAL STATEMENTS Consolidated Income Statement (Y-o-Y and Q-o-Q Comparison) Profit & Loss Statement (Rs. million) Q2 FY20* Q1 FY21 Q2 FY21 Revenues Net Sales / Income from Operations 3,205 1,910 2,878 Other Operating Income - - - Total Revenues 3,205 1,910 2,878 Expenses Cost of Raw Materials Co
Slide 17: Financial Statements: Balance Sheet – Assets
FINANCIAL STATEMENTS Consolidated Balance Sheet – Assets Balance Sheet (Rs. million) Sep-19* Mar-20 Sep-20* Assets Non-current assets Property, plant and equipment 5,300 5,886 5,788 Capital work in progress 62 30 33 Goodwill 903 972 1,001 Intangible assets 230 234 217 Right of use assets 1,256 1,172
Slide 18: Financial Statements: Balance Sheet – Liabilities
FINANCIAL STATEMENTS Consolidated Balance Sheet – Liabilities Balance Sheet (Rs. million) Sep-19* Mar-20 Sep-20* EQUITY and LIABILITIES Shareholders Fund Share capital 63 63 63 Reserves and surplus 3,274 3,668 3,616 Total Shareholders Fund 3,337 3,731 3,679 Non-Current Liabilities Financial liabilit
Slide 19: Financial Statements: Cash Flow Statements
FINANCIAL STATEMENTS Consolidated Cash Flow Statements Cash Flow Statement (Rs. million) Sep-19 Sep-20 Net cash generated from operating activities 537 487 Net cash used in investing activities (151) (117) Net cash (used in)/provided by financing activities (611) (583) Net increase/(decrease) in cas
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