Slide 1: Cover letter to stock exchanges
DYNAMATIC TECHNOLOGIES LIMITED 9t August 2024 uF The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, MUMBAI 400 001. 2. The Secretary National Stock Exchange of India Limited “Exchange Plaza” Bandra-Kurla Complex Bandra East, MUMBAI 400 051. Dear Sir/ Madam, Sub: Inve
Slide 2: Q1 FY2025 Earnings Presentation
DYNAMATIC TECHNOLOGIES LIMITED Q1 FY2025 EARNINGS PRESENTATION Hydraulics Aerospace Metallurgy © 2024 Proprietary Information of Dynamatic Technologies Limited
Slide 3: Q1 FY2025 Performance Highlights
DYNAMATIC TECHNOLOGIES LIMITED Q1 FY2025 PERFORMANCE HIGHLIGHTS Highlights Q1 FY2025 vs. Q1 FY2024 Q1 FY2025 Revenue Breakup Q1 FY2025 • Revenue of Rs. 3,462.8 mn; down by 4.5% from Rs. 3,625.1 mn in Q1 FY2024 26% o Aerospace segment revenue of Rs. 1,358.5 mn; up by 30.9% from Rs. 1,037.9 mn 29% 40%
Slide 4: Management Commentary
DYNAMATIC TECHNOLOGIES LIMITED Management Commentary PERFORMANCE HIGHLIGHTS Management Commentary Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said: AEROSPACE: During the period under review the aerospace division has emerged as the leading contributor to your Company’
Slide 5: Management Commentary (Continued)
DYNAMATIC TECHNOLOGIES LIMITED Management Commentary Continued… HYDRAULICS: During the quarter, the Hydraulics segment experienced a rise in revenues due to increase in volumes for both UK and India, and margins are now recovering. Your Company is rationalising product lines between its plants in Sw
Slide 6: Financial Performance Summary
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL PERFORMANCE SUMMARY Consolidated Performance Highlights Q1 Q4 y-o-y q-o-q Rs. Mn Growth (%) Growth (%) FY25 FY24 FY24 Revenue 3,462.8 3,625.1 (4.5)% 3,704.1 (6.5)% EBITDA 400.5 370.0 8.2% 428.5 (6.5)% Margin (%) 11.6% 10.2% 11.6% EBIT 227.2 211.0 7.7% 255.7 (
Slide 7: Foreign Exchange Fluctuation
DYNAMATIC TECHNOLOGIES LIMITED PERFORMANCE HIGHLIGHTS Foreign Exchange Fluctuation Q1 FY2025 vs. Q4 FY2024 Q1 FY2025 vs. Q1 FY2024 Exchange Rate Q1 FY2025 Q1 FY2024 Q4 FY2024 Impact Impact % Impact Impact % EURO vs. INR 89.76 89.42 89.77 (0.00) (0.0)% 0.34 0.4% GBP vs. INR 104.92 102.85 104.03 0.88
Slide 8: Aerospace Segment
DYNAMATIC TECHNOLOGIES LIMITED AEROSPACE SEGMENT Financial Overview Q1 Q4 y-o-y q-o-q Rs. Mn FY25 FY24 Growth (%) FY24 Growth (%) Revenue 1,358.5 1,037.9 30.9% 1,419.3 (4.3)% EBITDA 365.3 216.0 69.1% 445.6 (18.0)% Margin (%) 26.9% 20.8% 31.4% EBIT 266.8 133.5 99.9% 345.2 (22.7)% Margin (%) 19.6% 12.
Slide 9: Hydraulics Segment
DYNAMATIC TECHNOLOGIES LIMITED HYDRAULICS SEGMENT Financial Overview Q1 Q4 y-o-y q-o-q Rs. Mn FY25 FY24 Growth (%) FY24 Growth (%) Revenue 1,191.1 1,157.1 2.9% 1,224.8 (2.8)% EBITDA 92.7 158.1 (41.4)% 70.4 31.7% Margin (%) 7.8% 13.7% 5.7% EBIT 62.3 129.3 (51.8)% 39.2 58.9% Margin (%) 5.2% 11.2% 3.2%
Slide 10: Metallurgy Segment
DYNAMATIC TECHNOLOGIES LIMITED METALLURGY SEGMENT Financial Overview Q1 Q4 y-o-y q-o-q Rs. Mn FY25 FY24 Growth (%) FY24 Growth (%) Revenue 912.6 1,422.4 (35.8)% 1,059.8 (13.9)% EBITDA 36.2 135.6 (73.3)% 15.7 130.6% Margin (%) 4.0% 9.5% 1.5% EBIT 1.9 97.2 (98.0)% (19.9) nm Margin (%) 0.2% 6.8% (1.9)%
Slide 11: Quarterly Financial Trends
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Revenue (Rs. Mn) and Growth % (Q-o-Q) EBITDA (Rs. Mn) and Margin (%) 14.7% (1.5)% 7.2% 13.6% 13.4% 13.4% 17.5% (3.2)% (1.5)% (6.5)% 11.8% 11.6% 11.6% (3.1)% 4.1% (3.2)% 10.2% 11.1% 3,110 3,237 3,132 3,679 3,625 3,509 3,455 3,704 3,463 423 476
Slide 12: Quarterly Financial Trends: Capital Structure
DYNAMATIC TECHNOLOGIES LIMITED QUARTERLY FINANCIAL TRENDS Capital Structure Net Debt/LTM EBITDA & Debt/Equity (x) (Rs. Mn) Jun-23 Mar-24 Jun-24 2.5x 2.3x Long Term 3,694.4 2,344.0 2,267.2 2.2x Short Term 1,716.2 2,237.6 2,208.5 Total Debt 5,410.6 4,581.6 4,475.7 Less: Cash & Cash Equivalents 1,470.8
Slide 13: 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 14: Overview
DYNAMATIC TECHNOLOGIES LIMITED DYNAMATIC OVERVIEW • Owns one of the most advanced ferrous foundries in Europe (Germany) capable of manufacturing highly intricate Vertically castings Integrated Facilities • In-house division for design validation and optimization, analysis and prototypes • 8 faciliti
Slide 15: Overview: 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 Aerosystems flaps and major airframe structures • Boeing • HAL • Ramp structure assembly • Bell • Dassault Aviation 40% of Q1 FY2025
Slide 16: Blue Chip Investor Base
DYNAMATIC TECHNOLOGIES LIMITED BLUE CHIP INVESTOR BASE Shareholding Structure Key Investors Others • Samena Capital 24.5% • HDFC Mutual Fund Promoters Bodies 41.9% • Alchemy and Group Corporate • Girish Gulati – HUF 5.3% • Abakkus Group Alternative Investment • Madhusudan Kela and Group Fund DIIs •
Slide 17: Financial Statements
DYNAMATIC TECHNOLOGIES LIMITED FINANCIAL STATEMENTS Consolidated P&L Statement (Q-o-Q) Profit & Loss Statement (Rs. Mn) Q1 FY24 Q4 FY24 Q1 FY25 Revenues Revenue from operations 3,625.1 3,704.1 3,462.8 Expenses Cost of materials and components consumed 1,664.1 1,666.8 1,644.7 Change in inventory of f
Slide 18: 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 19: Contact Details
DYNAMATIC TECHNOLOGIES LIMITED CONTACT DETAILS Mr. Chalapathi P Chief Financial Officer E: chalapathi.p@dynamatics.net Mr. Shivaram V Head – Legal, Compliance & Company Secretary E: shivaram.v@dynamatics.net Dynamatic Technologies Limited JKM Plaza Dynamatic Aerotropolis 55 KIADB Aerospace Park Bang