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Dynamatic Technologies Ltd. Stock Analysis

Small Cap
Evaluated by 523 users | BSE: 505242 | NSE: DYNAMATECH |
Compressors / Pumps
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...

Analysis of Financial Track Record

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 9.36%11.18%6.23%10.84%10.07%8.5%8.57%5.66%8.35%9.65%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 5011,5091,4521,5881,6291,4941,5061,4021,5791,343
Y-o-Y Gr. Rt.-201%-3.7%9.3%2.6%-8.3%0.8%-6.9%12.6%-14.9%
Adjusted EPS (Rs.) 38.8651.9-8.8524.5828.6325.8735.745.2542.5854.37
Y-o-Y Gr. Rt.-33.6%-117.1%NA16.5%-9.6%38.2%-85.3%711.1%27.7%
Book Value per Share (Rs.) 248.28221.4186.71247.09389.48398.91471.28495.02512.44588.53
Adjusted Net Profit 2128.1-4.813.618.216.422.73.32734.5
Net Op. Cash Flow (Rs. Cr.) 45.412823917411642.511888124193
Debt to Cash Flow from Ops 7.325.762.83.44.4514.015.798.075.333.14
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Dynamatic Technologies Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 11.6%-3.8%-3.8%-14.9%
Adjusted EPS 3.8%13.7%15%27.7%
Book Value per Share 10.18.67.714.9
Share Price -3.6% -21.3% -31% -43.3%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 15.2919.09-3.59.58.976.448.151.098.459.88
Operating Profit Margin (%) 16.219.6110.2211.1310.2210.1311.219.359.5813.33
Net Profit Margin (%) 4.21.86-0.330.861.111.11.50.241.712.57
Debt to Equity 2.476.166.624.322.092.362.282.262.031.63
Working Capital Days 146901149493106109132141169
Cash Conversion Cycle 77433915122228353951
Entity Percentage Holding
Promoters 48.78%
Institutions 25.07%
Non-Institutions 26.15%
Pledged *14.9414.9414.9414.9415.3715.3715.3715.3715.3715.37
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Dynamatic Tech and arrived at the following conclusion:

Past 10 year's financial track record indicates that Dynamatic Tech is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Dynamatic Tech's performance infers:

Dynamatic Tech earnings have grown by 13.7%, whereas share price has depreciated -21.3% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Dynamatic Tech share prices over the last 10 years. Here is what we found out:

Dynamatic Tech share price has depreciated -5.3% annually over the past ten years.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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