Dynamatic Technologies Ltd - Stock Valuation and Financial Performance

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

Dynamatic Tech Share Price

7,150.25 -88.30 -1.22%
as on 21-Nov'24 16:59

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):
53.57
Market Cap:
4,916 Cr.
52-wk low:
3,926.5
52-wk high:
9,080.4

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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 17.7%11.9%12.6%8.3%13%9.9%8.3%11.1%11.8%17.5%-
Value Creation
Index
0.3-0.2-0.1-0.4-0.1-0.3-0.4-0.2-0.20.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,6291,4941,5061,4021,5791,3601,1181,2531,3161,4291,424
Sales YoY Gr.--8.3%0.8%-6.9%12.6%-13.9%-17.8%12.1%5%8.6%-
Adj EPS 28.625.935.75.342.654.46.649.460107.7135.1
YoY Gr.--9.6%38.2%-85.3%711.1%27.8%-87.9%651.1%21.3%79.6%-
BVPS (₹) 389.5398.9471.3495512.4588.5581.6601.6798.2983.41,039
Adj Net
Profit
18.216.422.73.32734.54.231.340.773.192
Cash Flow from Ops. 11642.51188812422612110713197.3-
Debt/CF from Ops. 4.5145.88.15.32.74.85.14.74.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.4%-2%8.5%8.6%
Adj EPS 15.9%20.4%153.9%79.6%
BVPS10.8%13.9%19.1%23.2%
Share Price 12.8% 45.3% 47.1% 74.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
96.48.21.18.59.91.18.48.812.113.4
Op. Profit
Mgn %
10.210.111.29.49.611.913.913.71411.511.6
Net Profit
Mgn %
1.11.11.50.21.72.50.42.53.15.16.5
Debt to
Equity
2.12.42.32.321.61.61.41.10.70.3
Working Cap
Days
9310610913214116720119018617993
Cash Conv.
Cycle
1222283539416160718922

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.40%

Net Profit is growing at healthy rate in last 3 years 153.89%

Debt to equity has declined versus last 3 years average to 0.69

Sales growth has been subdued in last 3 years 8.53%

Sales growth is not so good in last 4 quarters at 2.38%

Latest Financials - Dynamatic Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 159.4 135.1
TTM Sales (₹ Cr.) 610 1,424
BVPS (₹.) 922.9 1,039
Reserves (₹ Cr.) 620 699
P/BV 7.84 6.97
PE 45.40 53.57
From the Market
52 Week Low / High (₹) 3926.50 / 9080.40
All Time Low / High (₹) 10.31 / 9080.40
Market Cap (₹ Cr.) 4,916
Equity (₹ Cr.) 6.8
Face Value (₹) 10
Industry PE 47.8

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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales1,6291,4941,5061,4021,5791,3601,1181,2531,3161,429
Operating Expenses 1,4751,3501,3391,2771,4301,2019671,0811,1321,268
Manufacturing Costs180189172163183132131144169205
Material Costs946839838672767596550615631668
Employee Cost 236219230238254243221256253302
Other Costs 1131039920322523065667993
Operating Profit 155143167125149159151172184162
Operating Profit Margin (%) 9.5%9.6%11.1%8.9%9.4%11.7%13.5%13.7%14.0%11.3%
Other Income 105663118681043
Interest 83758076818372626865
Depreciation 51525347498078777066
Exceptional Items 190-400000062
Profit Before Tax 5021367491484255136
Tax 21916722-256101214
Profit After Tax 2912201273923243122
PAT Margin (%) 1.8%0.8%1.3%0.1%1.7%2.9%0.2%2.6%3.3%8.5%
Adjusted EPS (₹)45.219.431.01.143.361.6-34.524.463.0179.4
Dividend Payout Ratio (%)0%0%0%0%5%0%0%0%16%6%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 252258299314325373369381542668
Share Capital 6666666677
Reserves 245251292308319367362375535661
Minority Interest0000000000
Debt406492640650612578514464482417
Long Term Debt266400463429396358363299225193
Short Term Debt14092177221216220151165257224
Trade Payables274240245263277275205219229185
Others Liabilities 218193145192171265341323415302
Total Liabilities 1,1501,1821,3291,4191,3851,4911,4291,3871,6691,572

Fixed Assets

Gross Block1,0171,0798529728271,0789709651,0381,228
Accumulated Depreciation37345393180183251261279357437
Net Fixed Assets644627759793644826708685682792
CWIP 429248633157910
Investments 0011000000
Inventories227256238283281265225255300306
Trade Receivables113123151186229236198211258299
Cash Equivalents 766883636883614016161
Others Assets8681738615777233181190105
Total Assets 1,1501,1821,3291,4191,3851,4911,4291,3871,6691,572

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 116431188812422612110713197
PBT 50213674914-162555136
Adjustment 8813012812913317914214214327
Changes in Working Capital -7-92-30-41-33370-46-59-59
Tax Paid -14-17-17-7-25-4-5-14-8-7
Cash Flow From Investing Activity 48-48-94-603-52-129-8346
Capex 49-53-83-609-58-207-8532
Net Investments 00-14-2-8440-112
Others -1522233232
Cash Flow From Financing Activity -137-10-25-48-128-155-132-13772-231
Net Proceeds from Shares 5200000001130
Net Proceeds from Borrowing 0018-13-45-5539-52-26-112
Interest Paid -85-75-78-74-79-62-64-48-55-59
Dividend Paid 0000-2000-2-8
Others -105653439-3-38-107-3742-52
Net Cash Flow 27-15-2-20-219-23-20120-88
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.934.917.110.248.611.190.538.559.2720.14
ROCE (%)17.7111.912.638.3412.989.898.2711.0611.817.52
Asset Turnover Ratio1.451.311.231.031.130.950.770.890.860.88
PAT to CFO Conversion(x)43.585.9884.595.7960.53.343.050.8
Working Capital Days
Receivable Days23283244486271606571
Inventory Days50585968657380707777
Payable Days9510298129125169159126130113

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 21-Nov-2024 16:59 is ₹7,150.3.
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 21-Nov-2024 16:59 the market cap of Dynamatic Tech stood at ₹4,916.
The latest P/E ratio of Dynamatic Tech as of 21-Nov-2024 16:59 is 45.40.
The latest P/B ratio of Dynamatic Tech as of 21-Nov-2024 16:59 is 7.84.
The 52-week high of Dynamatic Tech is ₹9,080.4 and the 52-week low is ₹3,926.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dynamatic Tech is ₹610.4 ( 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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