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Dynamatic Technologies Ltd. Interim / Quarterly Report 2025

Feb 10, 2025

60708_rns_2025-02-10_60935cd8-c679-446e-88df-6eb8ad3a284b.pdf

Interim / Quarterly Report

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DYNAMATIC TECHNOLOGIES LIMITED

B.

7[th ] February 2025

  1. The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, MUMBAI 400 001.

  2. The Secretary National Stock Exchange of India Limited "Exchange Plaza" Bandra-Kurla Complex Bandra East, MUMBAI 400 051.

Sub: Board Meeting Outcome Ref: Scrip code: NSE: DYNAMATECH; BSE: 505242

Dear Sir,

Further to our letter dated 31[st ] January 2025, we write to inform you that the Board has considered and approved un-audited Standalone and Consolidated Financial Results for the quarter ended 3p[t ] December 2024, along with the limited review report by Statutory Auditors of the Company. Copy of the un-audited Financial Results have been enclosed incompliance with the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015.

The meeting of the Board of Directors held today commenced at 15:30 1ST and concluded at 19:00 1ST.

The aforesaid information is also available on the website of the company at www.dynamatics.com.

We kindly request you to take this letter along with the enclosures on record.

Thank you.

Yours faithfully, for DYNA MA TIC TECHNOLOGIES LIMITED fYl[v] doJL0- Shivaram� '-� Chief Legafofficer & Company Secretary

Enclosure: as above

Registered Office Dynamatic Technologies Limited JKM Plaza Dynamatic Aerotropolis 55 KIADB Aerospace Park Bangalore 562 149 India Tel +91 80 2111 1223 +91 80 2204 0535

www.dynamatics.com

Corporate Identity Number: L72200KA 1973PLC002308

Chartered Accountants Prestige Trade Tower, Level 19 46, Palace Road, High Grounds Bengaluru – 560 001 Karnataka, India

Tel: +91 80 6188 6000 Fax: +91 80 6188 6011

==> picture [208 x 42] intentionally omitted <==

INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF DYNAMATIC TECHNOLOGIES LIMITED

  1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of DYNAMATIC TECHNOLOGIES LIMITED (“the Parent”) and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”), for the quarter and nine months ended December 31, 2024 (“the Statement”) being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).

  2. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

  3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” , issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent’s personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

  4. The Statement includes the results of the following entities:

  5. Dynamatic Technologies Limited, India

  6. JKM Research Farm Limited, India

  7. JKM Global Pte. Limited, Singapore

  8. Dynamatic Limited, UK

  9. Dynamatic LLC, US

  10. Yew Tree Investments Limited, UK

  11. JKM Erla Automotive Limited, India

  12. Dynamatic Manufacturing Limited, India

  13. Eisenwerk Erla GmbH, Germany

  14. JKM Automotive Limited, India

==> picture [26 x 18] intentionally omitted <==

  1. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Regd Office :31[st] Floor, Tower 3, One International Center, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400013

Page 1 of 2

==> picture [208 x 42] intentionally omitted <==

  1. We did not review the financial results of four subsidiaries included in the consolidated unaudited financial results, whose financial results reflect total revenues of Rs 16,097 lakhs and Rs 54,817 lakhs for the quarter and nine months ended December 31, 2024 respectively, total net loss after tax of Rs 170 lakhs and total net profit after tax of Rs. 149 lakhs for the quarter and nine months ended December 31, 2024 respectively and total comprehensive loss of Rs 170 lakhs and total comprehensive income of Rs 149 lakhs for the quarter and nine months ended December 31, 2024 respectively, as considered in the Statement. These financial results have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

Our conclusion on the Statement is not modified in respect of these matters.

  1. The consolidated unaudited financial results includes the financial results of three subsidiaries which have not been reviewed by their auditors, whose financial results reflect total revenue of Rs 236 lakhs and Rs 730 lakhs for the quarter and nine months ended December 31, 2024 respectively, total net loss after tax of Rs 91 lakhs and Rs 203 lakhs for the quarter and nine months ended December 31, 2024 respectively and Total comprehensive loss of Rs 91 lakhs and Rs 203 lakhs for the quarter and nine months ended December 31, 2024 respectively, as considered in the Statement. According to the information and explanations given to us by the Management, these financial results are not material to the Group.

Our Conclusion on the Statement is not modified in respect of our reliance on the financial results certified by the Management.

For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm’s Registration No. 117366W/W-100018)

==> picture [71 x 24] intentionally omitted <==

Sathya P. Koushik Partner Membership No. 206920 UDIN: 25206920BMJHGZ7493

Place: Bengaluru Date: February 7, 2025

Page 2 of 2

DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA1973PLC002308

JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA

DYNAMATIC TECHNOLOGIES LIMITED
CIN: L72200KA1973PLC002308
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA		 DYNAMATIC TECHNOLOGIES LIMITED
CIN: L72200KA1973PLC002308
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA		 DYNAMATIC TECHNOLOGIES LIMITED
CIN: L72200KA1973PLC002308
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA		 DYNAMATIC TECHNOLOGIES LIMITED
CIN: L72200KA1973PLC002308
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA		 DYNAMATIC TECHNOLOGIES LIMITED
CIN: L72200KA1973PLC002308
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA		 DYNAMATIC TECHNOLOGIES LIMITED
CIN: L72200KA1973PLC002308
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA
Statement of Consolidated Financial Results for the quarter and nine months ended 31 December 2024
(NR in l akhs exceat as othenvise stated)
SI.
No.
Particulars		 3 months ended
31 December 2024
(UnaudHed)		 Precedine
3 months ended
30 September 2024
(Unaudited)		 Correspondini: J
months ended in
previous period
31 December 2023
(Unaudited)
Year to date feure
for the current
period ended 31
Decen1 ber 2024
(Unaud;tcd)
Year to date feure
for the previous
Previous year
period ended 31
ended 31 March
December 2023
2024 (Aud;tcd)
(Unaudited)
1
2
3
4
5
6
7
8
9
10
11
Income
a) Revenue from operations
b) Otl1er income (Refer Note 3 & 5)
Total income (a+b)
Expenses
a) Cost of materials and components consumed
b) Change in inventory offnisbed goods and work-in-progress
c) Employee benefts expenses
d) Finance costs
e) Depreciation and amortisationexpenses
f Other expenses
Total expenses (a+b+c+d+c+f)
Profit before tax and exceptional items (1 - 2)
Exceptional Gain/(Loss) (Refer Note 3)
Profit befre tax (3 + 4)
Tax expense/ (credit)
a)Current tax
b) Deferred tax
Total tax expense (a+b)
Profit after tax (5 - 6)
Other comprehensive income/(loss) (OCI)
i) Items that will not be reclassiied s11bseq11ently to
statement of proft and loss
a) Remeasurement gain/(loss) on defned beneft plans
b) Income tax relating to items tliat will not
be reclassifed to statement of proft and loss
ii} Items that will he reclassiied s11bseq11e1 /y to
Sfafe111e11t of proft and loss
a) Foreign currency fluctuations under
a cash fow hedge - gain/(loss)
b) Exchange diferences in translating
fnancial statements of freign operations
Other comprehensive income/ (loss) fr the period,
net of tax
Total comprehensive income for the period (7+8)
Paid-up equity share capital (fce value of!NR 10/- each)
Reserves (Other equity)
Earnings per equity share
Earnings per share
Basic and diluted (INR)
 31,543
(28)		 36,142

749		 34,551
888		 1,02,313
1,022		 1,05,892
1,42,933
3,706
4,282
3i,515
14,308

133
7,365
1,400
1,694
5,808		 36,891
16,537
202
8,268
1,472
1,777
7,031		 35,439
16,931
(1,074)
7,717
1,637
1,724
6,908		 1,03,335
47,292
(254)
23,375
4,274
5,204
19,862		 1,09,598
1,47,215
49,526
66,194

103
621
22,612
30,167
4,503
6,255
4,908
6,636
21,995
30,010
30,708 35,287 33,843 99,753 1,03,647
1,39,883
807 1 604 1 596 3 582 5 951
7 332
- 1,763
6,231
807 1,604 1,596 **3 582 ** 7,714
13,563
336
118		 400
I		 289
183		 802
85		 894
1,316
350
66
454 401 472 887 1,244
1,382
353 1,203 1,124 2,695 6,470
12,181
63
(12)
(1,907)		 (151)

30
-

1,843
33
(8)
31
1,639		 (33)
5
(42)
-
(125)
27
67
508

1,325
801
(1,856) 1,722 1,695 (70) 1,392
1,211
/I 503)
2 925		 2 819 2 625 7862
13 392

679
679
-		 679 679
-		 679
679
66,095
(not annualised) (not annualised) (not annualised) (not annualised) (not annualised)
(annualised)
5.20 17.72 16.55 39.69 95.29
179.40
See accompanymg notes to the fnancial results.

==> picture [76 x 78] intentionally omitted <==

DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA1973PLC002308

JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Consolidated Financial Results for the quarter and nine months ended 31 December 2024

Annexure I : Statement of Consolidated segment wise revenue, results, assets and liabilities for the quarter and nine months ended 31 December 2024

(NR in akhs ecept as ot envise stated)
SI. No .
Particulars		 3 months ended
31 December 2024
(Unaudited)		 Precedini
J months ended
30 September 2024
(Unaudited)		 Correspondine 3
months ended in
previous period
31 December 2023
(Unaudited)		 Year to date figure
for the current
period ended 31
December 2024
(Unaudited)		 Year to date feure
for the previous
period ended 31
December 2023
(Unaudited)		 Previous year
ended 31 March
2024 (Audited)
1
2
3
4		 Segment revenue
a) Hydraulics
b) Aerospace
c) Metallurgy
d) Otl1ers
Revenue from 011erations
Segment results [))roft/ (loss) before finance costs,
other income and tax from each segment]
a) Hydraulics
b) Aerospace
c) Metallurgy
d) Otl1ers
e) Unallocated
Total
Unallocable
- Finance costs
-Other income
- Exceptional income (Refer Note 3)
Proft befre tax
Segment assets
a) Hydraulics
b) Aerospace
c) Metallurgy
d) Otl1ers
e) Unallocated
Segment assets
t) Assets classifed as held fr sale (Refer Note 3)
Total assets
Segment liabilities
a) Hydraulics
b) Aerospace
c) Metallurgy
d)Otl1ers
e)Unallocated		 9,787
15,091
6,664
I		 13,058
14,829
8,250
5		 10,835
13,458
10,255
3		 34,756
43,505
24,040
12		 32,586
36,816
36,483
7		 44,834
51,009
47,081
9
31,543
108
3,187
(153)
74
(981)
2,235
(1,400)
(28)
-		 36,142
930
2,645

(211)
(429)

(608)
2,327

(1,472)

749
-		 34,551
598
2,814

(228)

(189)

(650)
2,345

(1,637)
888		 1,02,313
1,661
8,500

(345)

(615)

_(2_367)
6,834

(4,274)
1,022		 1,05,892
2,155
5,879

1,209

(482)

(2,013)
6,748

(4,503)
3,706
1,763		 1,42,933
2,547
9,331
1,010

(775)

(2,808)
9,305

(6,255)
4,282
6,231
807
43,929
78,747
24,711
5,091
5,301		 1,604
46,866
74,998
26,302
4,307
7311		 1,596
43,844
73,871
28,526
3,144
6,592		 3,582
43,929
78,747
24,711
5,091
5,301		 7,714
43,844
73,871
28,526
3,144
6 592		 13,563
44,295
75,597
25,008
4,812
7513
1,57,779
-		 1,59,784 1,55,977
5,562		 1,57,779 1,55,977
5,562		 1,57,225
1,57,779 1 59 784 1 61 539 1 57 779 1,61,539 I57 225

24,558
14,869
4,153
876
44 400		 26,002
12,482
4,876
805
45 057		 23,880
14,242
4,963
750
56 121		 24,558
14,869
4,153
876
44 400
23,880
14,242
4,963
750
56 121		 23,596
12,900
5,750
787
47 418
Seement liabilities
 88,856 89,222 99 956 88,856 99 956 90,451
See accompanymg notes to the fnancial results.

DYNA MA TIC TECHNOLOGIES LIMITED CIN: L 72200KA1973PLC002308

JKM PLAZA, DYNAMA TIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Consolidated Financial Results for the quarter and nine months ended 31 December 2024

Notes:

The above consolidated financial results of the Company has been reviewed by the Audit Committee and has been approved by the Board of Directors at their meetings held on 7 February 2025. The results for the quarter and nine months ended 31 December 2024 has been reviewed by the Statutory auditors of the Company. The Statutory Auditors of the Company has issued an unmodified conclusion in respect of the limited review for the quarter and nine months ended 31 December 2024.

2 Information on standalone financial results:

3 _(INR_i11lakhs, ecept as otherise stated _(INR_i11lakhs, ecept as otherise stated _(INR_i11lakhs, ecept as otherise stated _(INR_i11lakhs, ecept as otherise stated _(INR_i11lakhs, ecept as otherise stated _(INR_i11lakhs, ecept as otherise stated _(INR_i11lakhs, ecept as otherise stated
Particulars 3 months
ended
31 December
2024
(Unaudited)		 Preceding
3 months ended
30 September
2024
(Unaudited)		 Corresponding 3
months ended in
Jrevious period
31 December 2023
(Unaudited)		 Year to date
fgure for the
current period

ended 31
December 2024
(Unaudited)
Year to date
fgure fr the
Jrevious priod
ended 31
December 2023
(Unaudited)
Previous year
ended 31
March 2024
(Audited)
a. Revenue from operations
 15,080 16,688 14,969 46,597 43,635 58,186
b. Proft before tax and exceptional items
 1,205 2,156 1,930 4,644 3,998 5,498
c. Proft after tax 1,021 2,099 1,422 4,048 3,070 9,449

ExceptionalItems·Below is the summarof exceptional tems·
_(INR_i11lakhs, except as otherise stated)
Particulars
3 months
ended
31 December
2024
(Unaudited)
Preceding
3 months ended
30 September
2024
(Unaudited)		 •Corresponding 3
months ended in
previous period
31 December 2023
(Unaudited)		 Year to date
fgure for the
current priod

ended 31
December 2024
(Unaudited)
Year to date
figure for the
previous JCriod
ended 31
December 2023
(Unaudited)
Previous year
ended 31
March 2024
(Audited)
a. Gains fom the sale of windfarm land
Refer note i)		 ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ 6,237
b. Gains from corporate restructuring in
German subsidiar(Refer Note ii)
 ~~-~~ ~~-~~ ~~-~~ ~~-~~ 1,763 1,763

c. Impairment of goodwill (Refr Note ii)		 ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ (1,335)
d. Tem1ination charges on Cross
Currency Swap		 ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ (434)

Total		 ~~-~~ ~~-~~ ~~-~~ ~~-~~ 1,763 **6,231 **

i) During the quarter ended 31 March 2024, the Company completed the sale of wind farm lands to Tamil Nadu Industrial Development Corporation Limited (TIDCO) and recognized the gain on the sale of Windfarm land & building of INR 6,237 lakhs which is presented under exceptional item.

ii) As communicated earlier, as part of the group's strategy, the Company's wholly owned step-down subsidiary, Eisenwerk Erla GmbH, Gem1any (EEG) had undertaken corporate restructuring measures which were approved in August 2023, pursuant to which, related credit balances and net gains were adjusted as follows:

  • Rs. 2,544 Lakhs has been recognized in other income in the year ended March 31, 2024,

  • Rs. I, 763 lakhs in exceptional items during the year ended March 31, 2024

As part of the annual impairment assessment of goodwill, the Company has recognized an impairment loss of Rs. 1,335 lakhs in respect of its German operations in the quarter ended March 31, 2024.

==> picture [80 x 79] intentionally omitted <==

DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA1973PLC002308

JKM PLAZA, DYNA MA TIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Consolidated Financial Results for the quarter and nine months ended 31 December 2024

Notes:

  • 4 The Board of Directors of the Company vide meeting dated 28 May 2024, had declared final dividend of rNR 5 per equity shares (50%) for the financial year 2023-24. The same was approved by shareholders in the Annual general meeting held on 5 September 2024 and dividend has been disbursed.

  • On 13 November 2024, the Board of Directors of the Company have declared an interim dividend of Rs. 2 per equity share (20%) for the financial year 2024-25 and same has been paid in current quarter.

  • 5 The decrease in other income during the current quarter is on account of mark-to-market loss due to adverse fluctuation in the closing exchange rate as at 31 December 2024 compared to 30 September 2024 mainly on GBP, EURO and SGD. The translation of foreign monetary items has resulted in unrealised foreign exchange loss for the quarter. However, considering that there is a net foreign exchange gain for the nine months ended 31 December 2024, the foreign currency loss for the quarter has been grouped under other income.

for and on behalf of Board of Directors of

==> picture [159 x 85] intentionally omitted <==

----- Start of picture text -----

Dynamatic Technologies Limited
Ud
CEO and Managing

Date: 7 February 2025 , I>?->
Place: Bangalore ;q(QRE.· ¢'
----- End of picture text -----*

Chartered Accountants Prestige Trade Tower, Level 19 46, Palace Road, High Grounds Bengaluru – 560 001 Karnataka, India

Tel: +91 80 6188 6000 Fax: +91 80 6188 6011

==> picture [208 x 42] intentionally omitted <==

INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF DYNAMATIC TECHNOLOGIES LIMITED

  1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of DYNAMATIC TECHNOLOGIES LIMITED (“the Company”), for the quarter and nine months ended December 31, 2024 (“the Statement”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).

  2. This Statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

  3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company’s personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

  4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm’s Registration No. 117366W/W-100018)

==> picture [95 x 32] intentionally omitted <==

Sathya P. Koushik Partner Membership No. 206920 UDIN: 25206920BMJHGY3723

Place: Bengaluru Date: February 7, 2025

Regd Office :31[st] Floor, Tower 3, One International Center, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400013

DYNA MA TIC TECHNOLOGIES LIMITED CIN: L 72200KA 1973PLC002308

JKM PLAZA, DYNAMA TIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Standalone Financial Results for the quarter and nine months ended 31 December 2024


(INR/11_lakhs, ecept as otherwise stated)_
(INR/11_lakhs, ecept as otherwise stated)_
(INR/11_lakhs, ecept as otherwise stated)_
(INR/11_lakhs, ecept as otherwise stated)_
SI.
No.
Particulars		 J months ended
31 December
2024
(Unaudited)		 Corresponding 3
Preceding
months ended in
3 month, ended
previous period
30 September
31 December
2024
2023
(Unaudited)
(Unaudited)		 Year Io date
Year to date
fgure fr the
figure fr the
current period
previous period
ended 31
ended 31
December 2024
December 2023
(Unaudited)
(Unaudited)		 Previous year
ended 31
March 2024
(Audited)
I
2
3
4
5
6
7
8
9
10
11
Income
a) Revenue from operations
b) Other income(Refernote 4)
Total income (a+b)
Expenses
a) Cost ofraw materialsand components consumed
b) Changes in inventories of finished goods and work-in-progress
c) Employee beneftsexpenses
d) Finance costs
e) Depreciation and amortisationexpenses
t Other expenses
Total expenses (a+b+c+d+e+f
Profit befre tax and exceptional items (1 - 2)
Exceptional Gain/(loss)
Profit befre tax (3+4)
Tax cxpense/(credit)
a) Current tax
b) Deferredtax
Total tax expense (a+b)
Profit after tax (5 - 6)
Other comprehensive income/(loss) (OCI)
i) Items that will not to be reclassified subsequenlly to
statemenl of profit and loss
a) Remeasurement gain/(loss) on defned beneft plans
b) Income tax relating to items that will not be
reclassified to statement of proft and loss
ii) Items !hat will be reclassified subsequenlly to
S1atement of proft and loss
a) Foreign currency fuctuations under
cash flow hedge - gain/(loss)
Other comprehensive income fr the period, net of tax
Total comprehensiveincomefr the period (7+8)
Paid-up equity share capital (face value ofINR 10/- each)
Reserves (Other equity)
Earnings per equity share
Basic and Diluted(INR)		 15,080
(71)		 16,688
14,969

991
872		 46,597
43,635
1,136
1,276		 58,186
1,830
15,009
7,371
(495)
2,488
1,082
628
2,730		 17,679
15,841
8,249
7,684

237
(480)
2,514
2,197
1,079
1,329
631
614
2,813
2,567		 47,733
44,911
22,751
21,392

(243)
105
7,209
6,181
3,188
3,601
1,891
1,660
8,293
7,974		 60,016
29,400
(1,615)
8,492
5,026
2,410
10,805
13,804 15,523
13,911		 43,089
40,913		 54,518
1,205 2,156
1,930		 4,644
3,998		 5,498
- -
-		 -
-		 5,132
1,205 2,156
1,930		 4,644
3,998		 10,630
309
(125)		 492
478
(435)
30		 1,169
976
(573)
(48)		 1,478
(297)
184 57
508		 596
928		 1,181
1,021 2,099
1,422		 4,048
3,070		 9,449
49
(12)
.		 (121)
15

30
(3)
.
31		 (19)
(18)

5
5
-
67		 (108)
27
508
37 (91)
43		 (14)
54		 427
1,058 2,008
1,465		 4,034
3,124		 9,876
679
 679
679
-
 679
679
-
-
 679
59,365
(not a ualised) (not a ualised)(not a ualised) (not annualised)(not a ualised) (a ualised)
15.04 30.91
20.94		 59,62
45.21		 139.16

See accompanying notes to these financial results.

==> picture [77 x 74] intentionally omitted <==

DYNAMA TIC TECHNOLOGIES LIMITED CIN: L72200KA1973PLC002308

JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562149, INDIA Statement of Standalone Financial Results for the quarter and nine months ended 31 December 2024

Annexure I: Statement of standalone segment wise revenue Annexure I: Statement of standalone segment wise revenue , results, assets and liabilities for the quarter and nine months ended 31 December 2024
( in /akhs, ecept as otherise stated		 , results, assets and liabilities for the quarter and nine months ended 31 December 2024
( in /akhs, ecept as otherise stated		 , results, assets and liabilities for the quarter and nine months ended 31 December 2024
( in /akhs, ecept as otherise stated		 , results, assets and liabilities for the quarter and nine months ended 31 December 2024
( in /akhs, ecept as otherise stated		 , results, assets and liabilities for the quarter and nine months ended 31 December 2024
( in /akhs, ecept as otherise stated		 , results, assets and liabilities for the quarter and nine months ended 31 December 2024
( in /akhs, ecept as otherise stated
SI.
No.		 Particulars 3 months ended
31 December
2024
(Unaudited)		 Preceding
3 months ended
30 September
2024
(Unaudited)		 Corresponding 3
months ended in
previous period
31 December
2023
(Unaudited)
Year to date
fgure fr the
current period
ended 31
December 2024
(Unaudited)		 Year to date
fgure fr the
previous period
ended 31
December 2023
(Unaudited)		 Previous year
ended 31
March 2024
(Audited)
1
2
3
4
Segment revenue
a) Hydraulics
b) Aerospace
c) Others
Revenue from operations
Segment results [proft/ (loss) before fnance costs,
other income and tax from each segment]
a) Hydraulics
b) Aerospace
c) Others
d) Unallocated
Total
Unallocable
- Finance Cost
- Other income
- Exceptional Income (Refr Note 2)
Profit befre tax
SegmentAssets
a) Hydraulics
b) Aerospace
c) Others
d) Unallocated
Segment assets
e) Assets classifed as held fr sale (Refr Note 2)
TotaIassets
Segment Liabilities
a) Hydraulics
b) Aerospace
c) Others
d) Unallocated
Total Segment Liabilities		 6,839
8,241
-		 8,441
8,241
6		 6,941
8,025
3		 22,706
23,880
II		 22,724
20,904
7		 29,348
28,829
9
15,080
663
2,461
215
(981)		 16,688
1,009
2,079
(236)

(608)

14,969
783
2,456
(202)
(650)
46,597
2,566
6,734
(237)
(2,367)
43,635
3,425
5,424
(513)
(2,013)
58,186
4,195
8,042
(735)
(2,808)
2,358
(1,082)
(71)
-		 2,244

(1,079)

991
-
2,387
{1,329)
872
-
6,696
(3,188)
1,136
-
6,323
(3,601)
1,276
-
8,694
{5,026)
1,830
5,132
1,205
20,145
46,662
2,663
51,498		 2,156
20,247
44,243
1,877
53,060		 1,930
19,772
48,337
584
46,980		 4,644
20,145
46,662
2,663
51,498		 3,998
19,772
48,337
584
46,980		 10,630
19,480
47,153
1,708
48,861
1,20,968
-		 1,19,427
-		 1,15,673
5,562		 1,20,968
-		 1,15,673
5,562		 1,17,202
-
1,20,968 1,19,427 1,21,235 1,20,968 1,21,235 1,17,202
12,657
4,924
832
38,954		 13,060
4,261
757
38 668		 11,631
4,622
730
50,622		 12,657
4,924
832
38,954		 11,631
4,622
730
50 622		 11,141
4,455
756
40 806
57,367 56,746 67,605 57,367 67,605 57,158

See accompanymg notes to the financial results.

==> picture [81 x 79] intentionally omitted <==

DYNAMA TIC TECHNOLOGIES LIMITED C[N: L 72200KA 1973PLC002308

JKM PLAZA, DYNAMA TIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Standalone Financial Results for the quarter and nine months ended 31 December 2024

Notes:

  • The above standalone financial results of the Company has been reviewed by the Audit Committee and has been approved by the Board of Directors at their meetings held on 7 February 2025. The results for the quatier and nine months ended 3 I December 2024 has been reviewed by the Statutory auditors of the Company. The Statutory Auditors of the Company has issued an unmodified conclusion in respect of the limited review for the quarter and nine months ended 31 December 2024.
2 Exceptional Items: Below is the summaryof exceptional items
(/NR in /akhs, ecept as othenvise stated)		 Exceptional Items: Below is the summaryof exceptional items
(/NR in /akhs, ecept as othenvise stated)		 Exceptional Items: Below is the summaryof exceptional items
(/NR in /akhs, ecept as othenvise stated)		 Exceptional Items: Below is the summaryof exceptional items
(/NR in /akhs, ecept as othenvise stated)		 Exceptional Items: Below is the summaryof exceptional items
(/NR in /akhs, ecept as othenvise stated)		 Exceptional Items: Below is the summaryof exceptional items
(/NR in /akhs, ecept as othenvise stated)		 Exceptional Items: Below is the summaryof exceptional items
(/NR in /akhs, ecept as othenvise stated)
Particulars 3 months ended
31 December
2024
(Unaudited)
Preceding
3 months
ended
30 September
2024
(Unaudited)		 Corresponding 3
months ended in
previous period
31 December
2023
(Unaudited)		 Year to date
fgure for the
current period
ended 31
December 2024
(Unaudited)		 Year to date
figure fr the
previous period
ended 31
December 2023
(Unaudited)		 Previous year
ended 31 March
2024
(Audited)
a. Gains from sale of windfarm land
(Refr note i)		 - - ~~-~~ - ~~-~~ 6,237
b. Impairment provision towards
JKM Erla Automotive Limited
('JEAL') Investment (Refer Note ii)		 - - ~~-~~ - ~~-~~ (671)
d. Termination charges on Cross
CurrencySwap		 - - ~~-~~ - ~~-~~ (434)
Total ~~-~~ - ~~-~~ ~~-~~ ~~-~~ 5,132

i) During the quarter ended 31 March 2024, the Company completed the sale of wind farm lands to Tamil Nadu Industrial Development Corporation Limited (TIDCO) and recognized the gain on the sale of Windfarm land & building of INR 6,237 lakhs which is presented under exceptional item.

ii) As communicated earlier, as part of the group's strategy, the Company's wholly owned step-down subsidiary, Eisenwerk Erla GmbH, Germany (EEG) had undertaken corporate restructuring measures which were approved in August 2023. As part of the restructuring process, the shares of EEG were assigned to JKM Erla Automotive Limited, India (JEAL), a wholly owned subsidiary of the Company. The Company recognized an impairment provision of Rs. 671 lakhs in respect of its investment relating to German operations during the quarter ended 31 March 2024, as part of the annual impairment assessment.

  • 3 The Board of Directors of the Company vide meeting dated 28 May 2024, had declared final dividend of INR 5 per equity shares (50%) for the financial year 2023[-] 24. The same was approved by shareholders in the Annual general meeting held on 5 September 2024 and dividend has been disbursed.

On 13 November 2024, the Board of Directors of the Company have declared an interim dividend of Rs. 2 per equity share (20%) for the financial year 2024-25 and same has been paid in current quarter.

  • 4 The decrease in other income during the CUITent quarter is on account of mark-to[-] market loss due to adverse fluctuation in the closing exchange rate as at 31 December 2024 compared to 30 September 2024 mainly on GBP, EURO and SGD. The translation of foreign monetaty items has resulted in unrealised foreign exchange loss for the quarter. However, considering that there is a net foreign exchange gain for the nine months ended 3 I December 2024, the foreign currency loss for the quarter has been grouped under other income.

==> picture [165 x 104] intentionally omitted <==

----- Start of picture text -----

for and on behalf ofBoard of Directors of
Dynamatic Technolo • AOL
Udayant Malhoutr f
CEO and Managing ¢of"
Date: 7 February 2025
Place: Bangalore
----- End of picture text -----

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