StockWatch
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DYNAMATIC TECHNOLOGIES LTD.-$

BSE: 505242

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
204.02
-4.5%+8.9%
Expenditure
190.27
-4.8%+14.5%
Net Profit
9.88
-3.6%-35.6%
OPM %
13.95%
+2.77pp-2.65pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.0062.58125.16187.74250.32Q2 FY27Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Dynamatic Q2 FY27: consolidated PAT at ₹22.5 Cr, margins expand YoY off a weak base

aerospace margin compression · hydraulics recovery · metallurgy turnaround

ResultsQ2 FY2706 Nov 20263 minIndustrials & Infra

Dynamatic Q1 FY27: consolidated PAT jumps 93% YoY as margins expand across all three segments

auto components · aerospace · hydraulics

ResultsQ1 FY2707 Aug 20263 minIndustrials & Infra
Latest
Board Meeting55m ago

Dynamatic Q2 FY27: consolidated PAT at ₹22.5 Cr, margins expand YoY off a weak base

Dynamatic Technologies' consolidated (primary basis) revenue rose 15.4% YoY and 6.6% QoQ to ₹452.7 Cr, with consolidated PAT at ₹22.5 Cr versus ₹3.3 Cr a year ago — a reported jump of ~579%. That headline is heavily base-effect driven: the year-ago quarter absorbed a ₹6.88 Cr exceptional restructuring provision at the UK hydraulics subsidiary (DLUK) plus a ₹5.62 Cr non-cash deferred-tax charge tied to the same restructuring, which together pushed last year's effective tax rate to 71.6% and PAT down to almost nothing. This quarter carries zero exceptional items and a normal 10.7% effective tax rate. Stripping out just the exceptional item, adjusted YoY PAT growth is closer to ~120%; even that remains elevated mainly because of the tax-rate normalisation rather than operating performance alone, where consolidated EBIT (segment basis) grew a more modest ~20% YoY in line with the revenue increase. The margin bridge is segment-driven. Hydraulics, which bore the UK exceptional charge last year, recovered to an 8.8% segment margin (from 3.1%) on revenue up 11.2% YoY to ₹140.4 Cr. Metallurgy swung to a small ₹0.4 Cr profit from a ₹5.0 Cr loss a year ago. Aerospace revenue grew 18.1% YoY to ₹210.8 Cr, but its segment margin actually eased to 15.7% from 20.5% YoY and from 17.8% last quarter — the one soft spot in an otherwise improving mix. Group EBITDA margin (ex-other income) was 12.3% versus 10.0% a year ago (expansion) but slipped from 12.97% last quarter (slight sequential compression), and NPM improved to 4.9% from 0.8% YoY. The standalone (India parent) numbers tell a materially different story and are worth flagging explicitly: standalone PAT fell to ₹6.8 Cr from ₹14.75 Cr a year ago even as standalone revenue grew 19.3% to ₹217.7 Cr, because the raw-material cost ratio rose to 67.1% of revenue from 54.9%, compressing standalone PBT margin to 4.0% from 10.1%. In other words, the group's YoY strength is coming from the overseas aerospace/metallurgy units and the absence of last year's UK one-off, not from the India standalone business, which is seeing real input-cost pressure consistent with the cost headwinds the company flagged alongside its Q1 FY27 print. Management issued no formal numeric guidance on record for this quarter and no press release/concall commentary was available to cross-check framing; no quarter-specific Street estimate was found either — the only external figure located was a full-year FY27 consensus revenue estimate of roughly ₹1,840 Cr (Trendlyne), against which H1 FY27 revenue of ₹877.5 Cr is tracking at a normal first-half run-rate. Corporate actions this quarter include a third interim dividend of ₹2/share (20%, record date 13 Nov 2026) on top of the ₹3/share interim paid in August, and post-quarter (non-adjusting) board approvals for a ₹29.2 Cr slump sale of the UAV vertical to subsidiary Dynauton and a ₹37.45 Cr preferential equity infusion into Dynauton, lifting the parent's stake there to ~83.33%. Going into Q3, the key markers are whether the low ~10.7% effective tax rate holds, whether aerospace segment margin stabilises after easing for two straight quarters, and whether the standalone input-cost pressure (67.1% material-cost ratio) persists or reverses.

6 Nov 2026, 04:11 pm

Dividend7 Aug, 11:20 pm

Dynamatic Q1 FY27: consolidated PAT jumps 93% YoY as margins expand across all three segments

Dynamatic Technologies' consolidated PAT rose 93.0% YoY to ₹20.79 Cr (EPS ₹30.62) on revenue of ₹424.81 Cr, up 14.5% YoY, with net margin expanding to ~4.9% from ~2.8% a year ago. Sequentially, revenue eased 1.9% from ₹433.16 Cr, but PAT still climbed 65.5% QoQ from ₹12.56 Cr because the preceding quarter (Q4 FY26) carried a ₹6.42 Cr DLUK restructuring charge that this quarter does not - the YoY print is the cleaner comparison since neither this quarter nor the year-ago quarter carries any exceptional item. The margin expansion was broad-based across segments rather than driven by one business. Aerospace, the largest segment (~48% of consolidated revenue), grew revenue 17.0% YoY to ₹202.25 Cr with segment profit up 23.5% YoY to ₹35.99 Cr. Metallurgy swung from a ₹1.53 Cr segment loss a year ago to a ₹0.66 Cr profit, and Hydraulics segment profit jumped to ₹10.67 Cr from a near-breakeven ₹0.36 Cr YoY - consistent with the company's stated move (Note 3) to transfer DLUK Hydraulics production from the UK to India after citing 'continued decline in European supply chain reliability.' Consolidated PAT (₹20.79 Cr) is more than double standalone PAT (₹9.88 Cr on ₹200.26 Cr revenue), underscoring how much of the improvement is coming from the aerospace/metallurgy subsidiaries outside the standalone entity. Management gives no formal quarterly guidance on record in our context, and no quarter-specific analyst consensus for Q1 FY27 could be located via web search, so this print cannot be graded against a street number or a prior outlook - both are marked unknown/none rather than guessed. The one external data point found, ICICI Securities' standing target of ~₹107 Cr consolidated PAT by FY27E (from ~₹43 Cr in FY25, implying a ~57% CAGR), is a multi-year anchor rather than a Q1 estimate; this quarter's ₹20.79 Cr is roughly a fifth of that annual target, which is a reasonable pace but not something to score as a beat or miss. No management press release accompanied this filing in our context beyond the board-meeting outcome letter, so there is no company framing to reconcile against the numbers. Alongside the results, the Board declared an interim dividend of ₹3 per share (record date 14 August 2026) - on top of the ₹5 per share final FY26 dividend approved on 19 May 2026 and still pending AGM ratification and disbursement. The government's four Labour Codes remain only partially notified (draft Central Rules issued, final rules pending); the company has flagged that any further wage-definition impact on gratuity/compensated-absence liabilities will hit whichever future quarter the final rules are notified in.

7 Aug 2026, 11:20 pm

Corporate Events

DividendDYNAMATECH
2026
13Nov

₹2 / share

BSE Filing ↗
Board MeetingDYNAMATECH
2026
24Oct

Board Meeting

The Board of Directors considered and approved proposals for…

BSE Filing ↗
Board MeetingDYNAMATECH
2026
15Sep

Board Meeting

The 51st Annual General Meeting of the Members of Dynamatic …

BSE Filing ↗
DividendDYNAMATECH
2026
28Aug

₹5 / share

BSE Filing ↗
DividendDYNAMATECH
2026
14Aug

₹3 / share

BSE Filing ↗
Board MeetingDYNAMATECH
2026
7Aug

Board Meeting

The Board Meeting is scheduled to consider and approve the u…

BSE Filing ↗
Board MeetingDYNAMATECH
2026
19May

Board Meeting

The Board of Directors of the Company, vide meeting dated 19…

BSE Filing ↗
Board MeetingDYNAMATECH
2026
9Feb

Board Meeting

To consider and approve the un-audited financial results for…

BSE Filing ↗
Board MeetingDYNAMATECH
2025
10Nov

Board Meeting

consider and approve Notice calling the, consider and approv…

BSE Filing ↗
Board MeetingDYNAMATECH
2025
27May

Board Meeting

consider and approve Notice calling the, consider and approv…

BSE Filing ↗
Board MeetingDYNAMATECH
2025
7Feb

Board Meeting

Consider and approve Intimation - Board Meeting

BSE Filing ↗
Board MeetingDYNAMATECH
2024
13Nov

Board Meeting

Consider and approve the un-audited financial results for th…

BSE Filing ↗
DividendDYNAMATECH
2024
24Aug

₹5 / share

BSE Filing ↗
DividendDYNAMATECH
2024
2Aug

₹5 / share

BSE Filing ↗
Board MeetingDYNAMATECH
2024
28May

Board Meeting

consider and approve the audited financial results for the q…

BSE Filing ↗
DividendDYNAMATECH
2024
23Feb

₹5 / share

BSE Filing ↗
Board MeetingDYNAMATECH
2024
13Feb

Board Meeting

To consider and approve the un-audited financial results for…

BSE Filing ↗
Board MeetingDYNAMATECH
2023
10Nov

Board Meeting

Consider and approve un-audited Standalone and Consolidated …

BSE Filing ↗
Board MeetingDYNAMATECH
2023
9Aug

Board Meeting

consider and approve Notice calling the Board Meeting for th…

BSE Filing ↗