Dynamatic Technologies Ltd

Dynamatic Technologies Ltd

₹ 7,142 -0.12%
22 Nov 10:59 a.m.
About

Incorporated in 1973, DTL is into manufacturing of hydraulic gear pumps and automotive turbochargers. They serve clients across Aerospace, automotive and hydraulic industries.
DTL has manufacturing facilities in Europe and India serving customers across 6 continents.[1] [2]

Key Points

Market Position
The co. is one of the world's largest manufacturers of hydraulic gear pumps and automotive turbochargers. It has an 80% share in the Indian OEM tractor market and about 38% in the global tractor market. [1]

  • Market Cap 4,850 Cr.
  • Current Price 7,142
  • High / Low 9,083 / 3,959
  • Stock P/E 79.7
  • Book Value 988
  • Dividend Yield 0.14 %
  • ROCE 10.4 %
  • ROE 8.34 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 7.23 times its book value
  • The company has delivered a poor sales growth of -0.35% over past five years.
  • Company has a low return on equity of 8.19% over last 3 years.
  • Earnings include an other income of Rs.77.6 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
132 144 140 136 153 142 150 128 158 150 146 148 167
108 111 107 111 124 113 119 108 129 120 114 121 138
Operating Profit 24 33 33 26 29 29 31 20 30 30 31 27 29
OPM % 18% 23% 24% 19% 19% 20% 21% 16% 19% 20% 21% 18% 17%
6 -0 4 0 1 1 4 3 1 9 57 2 10
Interest 11 10 15 12 13 16 11 10 13 13 14 10 11
Depreciation 8 7 7 7 7 5 5 5 6 6 8 6 6
Profit before tax 11 16 15 6 10 9 19 8 12 19 66 13 22
Tax % 25% 24% 28% 18% 30% 22% 46% 25% 17% 26% 4% 28% 3%
9 12 11 5 7 7 10 6 10 14 64 9 21
EPS in Rs 13.58 18.56 16.98 8.28 10.72 10.61 16.35 9.67 16.32 22.42 100.59 14.63 33.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
424 428 456 430 505 484 592 570 514 549 581 582 610
353 351 387 354 407 395 461 443 391 429 466 470 493
Operating Profit 71 77 69 76 98 89 131 127 123 120 115 112 117
OPM % 17% 18% 15% 18% 19% 18% 22% 22% 24% 22% 20% 19% 19%
3 13 45 4 13 6 8 -255 4 11 5 70 78
Interest 46 62 56 53 62 64 69 71 58 48 52 51 49
Depreciation 26 28 28 29 28 20 19 34 32 30 24 24 26
Profit before tax 1 0 30 -2 20 11 52 -232 37 53 44 106 120
Tax % 79% 0% 29% -153% 24% 65% 37% -11% 24% 25% 33% 11%
0 0 21 1 15 4 32 -208 28 40 29 94 108
EPS in Rs 0.54 0.56 33.19 2.03 24.16 5.98 50.94 -327.59 44.55 62.53 45.97 149.00 170.74
Dividend Payout % 0% 0% 0% 0% 0% 0% 4% 0% 0% 0% 16% 7%
Compounded Sales Growth
10 Years: 3%
5 Years: 0%
3 Years: 4%
TTM: 6%
Compounded Profit Growth
10 Years: 20%
5 Years: 7%
3 Years: 18%
TTM: 81%
Stock Price CAGR
10 Years: 13%
5 Years: 46%
3 Years: 46%
1 Year: 78%
Return on Equity
10 Years: 6%
5 Years: 10%
3 Years: 8%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 6 6 6 6 6 6 6 6 6 7 7 7
Reserves 151 144 269 273 477 480 510 302 329 367 503 594 620
341 305 312 347 525 561 523 540 515 449 460 375 347
170 177 167 140 191 241 228 209 159 185 201 197 220
Total Liabilities 667 631 753 767 1,200 1,288 1,268 1,057 1,009 1,007 1,170 1,172 1,194
292 316 286 277 350 351 236 334 252 235 215 324 317
CWIP 74 1 0 0 6 4 2 2 3 11 71 1 3
Investments 70 70 165 185 535 535 535 334 338 338 348 377 397
231 244 302 304 309 398 495 388 416 423 536 470 477
Total Assets 667 631 753 767 1,200 1,288 1,268 1,057 1,009 1,007 1,170 1,172 1,194

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
84 60 37 14 52 54 87 127 80 138 94 79
-59 34 -70 1 -146 -22 20 -10 -5 -19 -70 -10
-28 -87 31 -18 93 -30 -108 -107 -84 -116 64 -159
Net Cash Flow -3 7 -2 -2 -1 1 -1 10 -9 3 88 -90

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 59 59 72 84 78 107 96 105 93 95 102 130
Inventory Days 108 107 139 225 183 199 144 171 166 148 147 157
Days Payable 157 160 170 174 140 200 160 186 101 130 139 138
Cash Conversion Cycle 10 5 41 135 121 106 80 89 158 112 110 149
Working Capital Days 9 20 54 97 115 139 117 110 195 170 134 148
ROCE % 9% 11% 9% 8% 10% 7% 12% 12% 11% 11% 11% 10%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
44.84% 44.84% 44.84% 44.83% 44.83% 41.87% 41.87% 41.87% 41.87% 41.87% 41.87% 41.87%
10.78% 10.88% 11.03% 11.09% 11.31% 16.76% 16.59% 16.67% 16.77% 16.51% 17.13% 13.95%
6.86% 6.85% 6.84% 9.71% 9.56% 10.03% 10.50% 11.02% 11.42% 11.41% 11.23% 12.95%
37.53% 37.43% 37.30% 34.36% 34.30% 31.35% 31.04% 30.44% 29.95% 30.22% 29.77% 31.24%
No. of Shareholders 14,73614,37214,92614,61214,22313,29712,80513,22113,10615,84518,31819,611

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls