Dynamatic Technologies Ltd - Stock Valuation and Financial Performance

BSE: 505242 | NSE: DYNAMATECH | Compressors / Pumps | Small Cap

Dynamatic Tech Share Price

6,774.80 0.75 0.01%
as on 19-Mar'24 10:12

DeciZen - make an informed investing decision on Dynamatic Tech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Dynamatic Technologies stock performance -

mw4me loader
P/E Ratio (CD):
55.93
Market Cap:
4,600.6 Cr.
52-wk low:
2,593.8
52-wk high:
7,790.8

Is Dynamatic Technologies Ltd an attractive stock to invest in?

1. Is Dynamatic Technologies Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Dynamatic Technologies Ltd is a average quality company.

2. Is Dynamatic Technologies Ltd undervalued or overvalued?

The key valuation ratios of Dynamatic Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Dynamatic Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Dynamatic Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Dynamatic Tech:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Dynamatic Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.8%10.1%8.5%8.6%5.7%8.4%9.5%5.7%8%8.5%-
Value Creation
Index
-0.2-0.3-0.4-0.4-0.6-0.4-0.3-0.6-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,5881,6291,4941,5061,4021,5791,3601,1181,2531,3161,427
Sales YoY Gr.-2.6%-8.3%0.8%-6.9%12.6%-13.9%-17.8%12.1%5%-
Adj EPS 24.628.625.935.75.342.654.46.649.460121.1
YoY Gr.-16.5%-9.6%38.2%-85.3%711.1%27.8%-87.9%651.1%21.3%-
BVPS (₹) 247.1389.5398.9471.3495512.4588.5581.6601.6798.2881.8
Adj Net
Profit
13.618.216.422.73.32734.54.231.340.782
Cash Flow from Ops. 17411642.511888124226121107131-
Debt/CF from Ops. 3.44.5145.88.15.32.74.85.14.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.1%-1.3%-1.1%5%
Adj EPS 10.4%62.8%3.3%21.3%
BVPS13.9%10%10.7%32.7%
Share Price 27.6% 33.5% 98.8% 158%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
9.596.48.21.18.59.91.18.48.814.4
Op. Profit
Mgn %
11.110.210.111.29.49.611.913.913.71411.6
Net Profit
Mgn %
0.91.11.11.50.21.72.50.42.53.15.8
Debt to
Equity
4.32.12.42.32.321.61.61.41.1-
Working Cap
Days
949310610913214116720119019395
Cash Conv.
Cycle
1512222835394161607113

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.40%

Sales growth is good in last 4 quarters at 12.48%

Sales growth has been subdued in last 3 years -1.10%

Net Profit has been subdued in last 3 years 3.28%

Debt to equity has increased versus last 3 years average to 1.14

Latest Financials - Dynamatic Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 60.5 121.1
TTM Sales (₹ Cr.) 586 1,427
BVPS (₹.) 789.1 881.8
Reserves (₹ Cr.) 529 592
P/BV 8.58 7.68
PE 112.02 55.93
From the Market
52 Week Low / High (₹) 2593.80 / 7790.80
All Time Low / High (₹) 10.31 / 7790.80
Market Cap (₹ Cr.) 4,601
Equity (₹ Cr.) 6.8
Face Value (₹) 10
Industry PE 53.1

Management X-Ray of Dynamatic Tech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Dynamatic Tech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,5881,6291,4941,5061,4021,5791,3601,1181,2531,316
Operating Expenses 1,4221,4751,3501,3391,2771,4301,2019671,0811,132
Manufacturing Costs214180189172163183132131144169
Material Costs891946839838672767596550615631
Employee Cost 221236219230238254243221256253
Other Costs 9611310399203225230656679
Operating Profit 166155143167125149159151172184
Operating Profit Margin (%) 10.5%9.5%9.6%11.1%8.9%9.4%11.7%13.5%13.7%14.0%
Other Income 41056631186810
Interest 103837580768183726268
Depreciation 51515253474980787770
Exceptional Items 10190-4000000
Profit Before Tax 265021367491484255
Tax 1221916722-2561012
Profit After Tax 142912201273923243
PAT Margin (%) 0.9%1.8%0.8%1.3%0.1%1.7%2.9%0.2%2.6%3.3%
Adjusted EPS (₹)24.945.219.431.01.143.361.6-34.524.463.0
Dividend Payout Ratio (%)0%0%0%0%0%5%0%0%0%16%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 143252258299314325373369381542
Share Capital 6666666667
Reserves 138245251292308319367362375535
Minority Interest3000000000
Debt463406492640650612578514464482
Long Term Debt362266400463429396358363299225
Short Term Debt10114092177221216220151165257
Trade Payables281274240245263277275205219229
Others Liabilities 270218193145192171265341323415
Total Liabilities 1,1591,1501,1821,3291,4191,3851,4911,4291,3871,669

Fixed Assets

Gross Block1,0701,0171,0798529728271,0789709651,038
Accumulated Depreciation38337345393180183251261279357
Net Fixed Assets687644627759793644826708685682
CWIP 34292486331579
Investments 0001100000
Inventories228227256238283281265225255300
Trade Receivables102113123151186229236198211258
Cash Equivalents 447668836368836140161
Others Assets968681738615777233181190
Total Assets 1,1591,1501,1821,3291,4191,3851,4911,4291,3871,669

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1741164311888124226121107131
PBT 2650213674914-162555
Adjustment 14288130128129133179142142143
Changes in Working Capital 27-7-92-30-41-33370-46-59
Tax Paid -21-14-17-17-7-25-4-5-14-8
Cash Flow From Investing Activity -1448-48-94-603-52-129-83
Capex -1149-53-83-609-58-207-85
Net Investments 000-14-2-8440-1
Others -4-152223323
Cash Flow From Financing Activity -177-137-10-25-48-128-155-132-13772
Net Proceeds from Shares 0520000000113
Net Proceeds from Borrowing 00018-13-45-5539-52-26
Interest Paid -101-85-75-78-74-79-62-64-48-55
Dividend Paid 00000-2000-2
Others -76-105653439-3-38-107-3742
Net Cash Flow -1727-15-2-20-219-23-20120
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)11.5814.934.917.110.248.611.190.538.559.27
ROCE (%)16.9517.7111.912.638.3412.989.898.2711.0611.8
Asset Turnover Ratio1.381.451.311.231.031.130.950.770.890.86
PAT to CFO Conversion(x)12.4343.585.9884.595.7960.53.343.05
Working Capital Days
Receivable Days28232832444862716065
Inventory Days48505859686573807077
Payable Days949510298129125169159126130

Dynamatic Technologies Ltd Stock News

Dynamatic Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Dynamatic Tech on 19-Mar-2024 10:12 is ₹6,774.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Mar-2024 10:12 the market cap of Dynamatic Tech stood at ₹4,600.6.
The latest P/E ratio of Dynamatic Tech as of 19-Mar-2024 10:12 is 112.0.
The latest P/B ratio of Dynamatic Tech as of 19-Mar-2024 10:12 is 8.58.
The 52-week high of Dynamatic Tech is ₹7,790.8 and the 52-week low is ₹2,593.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dynamatic Tech is ₹586.4 ( Cr.) .

About Dynamatic Technologies Ltd

Incorporated in 1973, Dynamatic Technologies Limited (DTL) is the largest producer of Hydraulic Gear Pumps in Asia and one of the top five worldwide. With state-of-the-art manufacturing facilities, and incorporation of the latest process technologies in precision engineering, it had diversified into a number of related areas like Aerospace and the Automotive Components sector, thus creating a unique, vertically integrated manufacturing structure.

The company has a state-of-the-art production facility in Bangalore, Karnataka, which ably employs cutting edge technologies and highly sophisticated machinery to deliver premium quality. This facility is well equipped with excellent CNC machines and sophisticated quality control laboratories.

Dynamatic Technologies Limited produces highly engineered products for the following applications:

  • Automotive Sector
  • Aerospace Sector
  • Agricultural Equipment Industry
  • Construction Equipment Industry

The company’s customers include BEML, Godrej & Boyce, Macneill Engineering, HMT, BHEL, Telco, Ashok Leyland amongst others. Dynamatic® products are used as Original Equipment in USA, UK, Canada and South Korea. Dynamatic® exports its products to over 30 countries.

Located in Chennai, the automotive hub of India, JKM Automotive™ is a single source to Global Automotive OEMs for critical engine and transmission components in three product segments: highway, off highway and technology. The Division caters to over 40% of the Indian passenger car market including the Hyundai cars - Santro and Accent. JKM Automotive™’s association with internationally renowned, progressive automotive OEMs keeps it constantly geared to anticipate and fulfill the challenges posed by the global automobile industry.

DYNAMATIC AEROSPACE®, a division of Dynamatic Technologies Ltd., is a pioneer and a recognized leader in the Indian Private Sector for the development of complex aerostructures is instituted in 1995, Dynamatic Aerospace® has closely partnered Agencies of national importance like Ministry of Defense, Hindustan Aeronautics Limited, and other defence establishments on key projects including the Lakshya, India's Pilotless Target Aircraft, HJT-36 Intermediate Jet Trainer and Sukhoi MKI 30 Fighter Bomber.

JKM Automotiveâ„¢, a division of Dynamatic Technologies Limited, produces high quality ferrous and non-ferrous critical engine and transmission components for the burgeoning global automobile industry.

Product range of the company includes:

  • Hydraulic gear pumps- Dynamatic® pumps, these are used in Machine Tools and various other Fluid Power Systems. It has specially developed an entire range of cast-iron body high pressure Gear pumps, having application in various Earth Moving and Material Handling equipment. It has embarked on an entirely new area of business, that of manufacture and supply of ‘Total Tractor Hydraulic Systems’ to new generation tractor manufacturers.
  • Fluid power system- it provide custom tailored solutions for customers. Its products range from simple Hydraulic Pumping Units to sophisticated Marine Power Packs, complex Aircraft Ground Support Systems to turnkey Industrial Installations.
  • Aerospace- Products include the Wing and Rear Fuselage of the LAKSHYA, Ailerons Flaps for the wings for the HJT-36 and Fins, Ventral Fins, Slats, Vertical & Horizontal Stabiliser, Canards and Air Brakes for the Sukhoi 30 MKI fighter bomber.

Milestones and Awards

  • It is An AS 9100, TS 16949, ISO 14001 and ISO 9001 Company.
  • Dynamatic Aerospace was presented with the 'Creative Partner' Award for the year 1998-99 by DRDO, ADE and ASIEO.
  • The Aircraft Division of HAL in Bangalore also presented this division with the 'HAL Best Vendor Award' for 2002-03.
  • In 2001, Dynamatic® was awarded the status of ' Recognised In-house R&D Unit', by the Department of Scientific and Industrial Research (DSIR), Government of India.
  • 2010
  • - Swaraj, Mahindra & Mahindra, Awards Dynamatic® Hydraulics for Outstanding SCM Performance.
    - GKN Aerospace Certificate of Recognition For Oldland Aerospaceâ„¢.
  • 2011
  • - JKM Ferrotech Launched.
    - Dynamatic Technologies Acquires German & Indian Operations of Eisenwerk Erla GmbH.
    -Dynamatic Technologies Bags Quality Award From Voltas
  • 2012
  • - Dynamatic® On Economic Time’s List of India’s 500 Biggest Companies.
    - Bell Helicopter Signs Agreement with Dynamatic Technologies Limited.
  • 2013
    - Dynamatic Technologies and AeroVironment Sign Teaming Agreement for Unmanned Aerial Vehicles
    - Dynamatic Technologies Signs MoU & Model Purchase Contract with Boeing
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