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Dynamatic Technologies Ltd. Investor Presentation 2026

May 20, 2026

60708_rns_2026-05-20_4c444977-b73a-4591-afa8-904ae072ef5c.pdf

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DYNAMATIC TECHNOLOGIES LIMITED

D

$20^{\mathrm{th}}$ May 2026

Corporate Relations Department,
Bombay Stock Exchange Limited,
Phiroze Jeejeebhoy Towers
Dalal Street, Fort, Mumbai - 400 001
Scrip Code: 505242

Listing Department,
National Stock Exchange of India Limited
"Exchange Plaza", Bandra-Kurla Complex,
Bandra East, Mumbai 400 051.
Scrip Code: DYNAMATECH

Dear Sir/Madam,

Sub: Investor Presentation.

We wish to inform you that the Board of Directors of the Company, at their meeting held on May 19, 2026, inter alia, has approved the audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended March 31, 2026 ("Financial Results").

In this respect, we enclose herewith the Presentation on the Financial Results of the Company for the quarter and year ended March 31, 2026. This 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.

Thanking you,

Yours faithfully,
For Dynamic Technologies Limited

Shivaram V
Digitally signed by Shivaram V
Date of the endorsement: 2026-08-05
AUTHORITY OF FINANCIAL TECHNOLOGIES LIMITED
V.A.C.D.S. OF INDIA LIMITED
WASHINGTON OFFICE: 10000
PHILIPPINES AVENUE: BANDRA KURLA COMPANY
SCHIFFERDON
WASHINGTON, D.C.: 20005
WASHINGTON OFFICE: 10000
SCHIFFERDON OFFICE: 10000
SCHIFFERDON OFFICE: 10000
SCHIFFERDON OFFICE: 10000
SCHIFFERDON OFFICE: 10000

Shivaram V
Chief Legal Officer and Company Secretary
Membership No.: ACS 19173

Registered Office
Dynamic Technologies Limited
JKM Plaza Dynamic Aerotropolis
55 KIADB Aerospace Park
Bangalore 562 149 India
Tel +91 80 2111 1223 +91 80 2204 0535
www.dynamatics.com
Corporate Identity Number: L72200KA1973PLC002308


DYNAMATIC TECHNOLOGIES LIMITED

Q4 and FY2026 EARNINGS PRESENTATION

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Hydraulics

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Aerospace

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Metallurgy

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED FY2026 PERFORMANCE HIGHLIGHTS

Highlights FY2026 vs. FY2025

  • Revenue of Rs. 16,213.4 mn; up by 15.5% from Rs. 14,038.0 mn in FY2025
  • Aerospace segment revenue of Rs. 7,756.1 mn; up by 27.6% from Rs. 6,078.5 mn
  • Hydraulics segment revenue of Rs. 4,873.8 mn; up by 6.4% from Rs. 4,580.4 mn
  • Metallurgy segment revenue of Rs. 3,581.0 mn; up by 6.9% from Rs. 3,348.3 mn

  • EBITDA of Rs. 1,826.8 mn; up by 15.4% from Rs. 1,583.2 mn in FY2025

  • EBITDA margin of 11.3%; down by 1 bps

  • EBIT of Rs. 1,060.6 mn; up by 19.1% from Rs. 890.3 mn in FY2025

  • EBIT margin of 6.5%; up by 20 bps

  • PAT excluding exceptional items (of Rs. 275.7 mn) stood at Rs. 599.8 mn as against Rs. 430.4 mn in FY2025

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FY2026 Revenue Breakup

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Revenue (Rs. mn) and EBITDA Margin (%)

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

DYNAMATIC TECHNOLOGIES LIMITED

Q4FY2026 PERFORMANCE HIGHLIGHTS

Highlights Q4FY2026 vs. Q4FY2025

  • Revenue of Rs. 4,331.6 mn; up by 13.8% from Rs. 3,806.7 mn in Q4FY2025
  • Aerospace segment revenue of Rs. 2,102.0 mn; up by 21.6% from Rs. 1,728.0 mn
  • Hydraulics segment revenue of Rs. 1,312.3 mn; up by 18.8% from Rs.1,104.8 mn
  • Metallurgy segment revenue of Rs. 915.5 mn; down by 3.0% from Rs. 944.3 mn

  • EBITDA of Rs. 486.1 mn; up by 28.1% from Rs. 379.4 mn in Q4FY2025

  • EBITDA margin of 11.2%; up by 120 bps

  • EBIT of Rs. 292.6 mn; up by 41.4% from Rs. 206.9 mn in Q4FY2025

  • EBIT margin of 6.7%; up by 140 bps

  • PAT excluding exceptional items (of Rs. 64.2 mn) stood at Rs. 189.8 mn as against Rs. 160.9 mn in Q4FY2025

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Q4FY2026 Revenue Breakup

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Revenue (Rs. mn) and EBITDA Margin (%)

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

FINANCIAL PERFORMANCE SUMMARY

Consolidated Performance Highlights

Rs. mn Q4 y-o-y Growth (%) Q3 q-o-q Growth (%) Full Year y-o-y Growth (%)
FY26 FY25 FY26 FY26 FY25
Revenue 4,331.6 3,806.7 13.8% 4,248.7 2.0% 16,213.4 14,038.0 15.5%
EBITDA 486.1 379.4 28.1% 500.5 (2.9)% 1,826.8 1,583.2 15.4%
Margin (%) 11.2% 10.0% 11.8% 11.3% 11.3%
EBIT 292.6 206.9 41.4% 304.0 (3.8)% 1,060.6 890.3 19.1%
Margin (%) 6.8% 5.4% 7.2% 6.5% 6.3%
Normalised PBT* 217.0 192.9 12.5% 222.1 (2.3)% 777.6 551.1 41.1%
Normalised PAT* 189.8 160.9 17.9% 200.4 (5.3)% 599.8 430.4 39.4%
Margin (%) 4.4% 4.2% 4.7% 3.7% 3.1%
Normalised EPS (Rs.)* 27.95 23.70 29.51 88.34 63.39
  • The revenue in Q4FY2026 increased by 13.8% on a y-o-y basis
  • Hydraulics segment revenue up by 18.9%, Aerospace segment revenue up by 21.6%, while Metallurgy segment revenue down by 3.0% on a y-o-y basis
  • Q4FY2026 EBITDA increased by 28.1% y-o-y with margin of 11.2%
  • Normalised PAT stood at Rs. 189.8 mn as against Rs. 160.9 mn in Q4FY2025; up by 17.9%

Note: *PBT, PAT and EPS excludes exceptional item of Rs. 64.2 mn in Q4FY26, Rs. 142.7 mn in Q3FY26 and Rs. 275.7 mn FY26 © 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

PERFORMANCE HIGHLIGHTS

Management Commentary

Commenting on the results, Mr. Udayant Malhoutra, CEO and Managing Director said:

"The Aerospace segment continued to anchor the Company's performance during FY26, remaining the largest contributor to revenues and profitability. Throughout the year, the business strengthened its position within the global aerospace supply chain through deeper engagement with leading OEMs, expansion of advanced manufacturing capabilities and execution of complex aerostructure programs. A key milestone during the year was the successful delivery readiness of the first complete ship-set of all eight Airbus A220 doors from our Bengaluru facility, completed ahead of schedule. This achievement highlights Dynamic's growing capability in high-precision aerostructure manufacturing and reinforces India's emergence as a globally competitive aerospace manufacturing hub.

The year also marked significant progress in strengthening our long-term strategic partnerships. During the quarter, the Company entered into collaborations with Hutchinson to expand capabilities across advanced aerospace composites. This collaboration enhances our joint participation in next-generation aerospace and defence platforms and create new opportunities in both commercial and security applications. Alongside this, the Company saw strong momentum across Airbus programs and defence aerospace initiatives, supported by increasing localisation, strong global demand and the continued growth of aerospace manufacturing capabilities in India.

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Airbus A220 All Doors Final Stage

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Airbus A220 Doors Assembly

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MoA with Hutchinson

Continued in next page...

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

Management Commentary

Continued...

The Hydraulics segment delivered a stable performance during the year, supported by strong demand from domestic OEMs, industrial customers and aftermarket channels. The India business benefited from improving mechanisation trends and infrastructure activity, while the Company further strengthened manufacturing throughput and supply chain integration between Bangalore and Swindon to improve operational efficiency and delivery responsiveness. During the year, the UK restructuring program progressed steadily with rationalisation of selected product lines and workforce optimisation initiatives aimed at aligning operations with prevailing market conditions in Europe. These measures are expected to strengthen long-term competitiveness, improve margins and create a leaner and more agile operating structure for the Hydraulics business.

The Metallurgy segment continued to face challenging market conditions during the year due to weakness in the German automotive sector, elevated energy costs and geopolitical uncertainties in Europe. Despite these headwinds, the business maintained strict cost discipline and continued its strategic shift toward aerospace, defence and specialised engineering applications to strengthen its long-term business."

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Casting process at the GFD molding plant

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Hydraulic Gear Pumps

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© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

PERFORMANCE HIGHLIGHTS

Foreign Exchange Fluctuation

Exchange Rate Q4FY2026 Q4FY2025 Q3FY2026 Q4FY2026 vs. Q3FY2026 Q4FY2026 vs. Q4FY2025
Impact Impact % Impact Impact %
EURO vs. INR 102.54 90.86 100.92 1.62 1.6% 11.68 12.8%
GBP vs. INR 118.52 108.34 116.80 1.72 1.5% 10.18 9.4%
USD vs. INR 88.44 84.67 87.32 1.12 1.3% 3.77 4.4%

Impact due to change in average exchange rates (Y-o-Y)

Particulars Q4FY2026 vs. Q4FY2025 Q4FY2026 vs. Q3FY2026
Erla DL UK DTL Total Impact Erla DL UK DTL Total Impact
Currency EURO GBP/ USD EURO/GBP/USD EURO GBP/ USD EURO/GBP/USD
Revenue (Rs. mn) 99.37 92.58 61.65 253.59 13.79 15.64 14.76 44.20
EBITDA (Rs. mn) 3.77 11.07 12.33 27.17 0.52 1.87 2.95 5.35
  • On a constant currency basis, Q4FY2026 revenue, if adjusted for a foreign exchange impact of Rs. 253.59 mn would be Rs. 4,078.01 mn (representing an increase of 7.1% compared to an increase of 13.8% before adjustment)
  • On a constant currency basis, Q4FY2026 EBITDA, if adjusted for a foreign exchange impact of Rs. 27.17 mn would be Rs. 458.50 mn (compared to Rs. 485.7 mn before adjustment)
  • The Company has exposure to EUR, GBP and USD. The impact from EUR, GBP and USD transactions were favorable on a Y-o-Y basis

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

AEROSPACE SEGMENT

Financial Overview

Rs. mn Q4 y-o-y Growth (%) Q3 o-o-g Growth (%) Full Year y-o-y Growth (%)
FY26 FY25 FY26 FY26 FY25
Revenue 2,102.0 1,728.0 21.6% 2,139.7 (1.8)% 7,756.1 6,078.5 27.6%
EBITDA 442.8 432.9 2.3% 453.9 (2.5)% 1,775.5 1,578.3 12.5%
Margin (%) 20.7% 25.1% 21.2% 22.9% 26.0%
EBIT 326.7 336.3 (2.9)% 339.4 (3.9)% 1,323.5 1,186.3 11.6%
Margin (%) 15.5% 19.5% 15.9% 17.1% 19.5%

Performance Overview

Aerospace continued to be the primary growth driver, with revenue increasing by 27.6% for the full year driven by resilient performance and execution of commercial order book. While revenue momentum remains robust, profitability was broadly stable in the quarter and grew moderately for the year, indicating some margin normalization amid growth investments and execution mix.

Outlook:

The segment remains well positioned for strong growth, supported by strong demand across commercial and defence aerospace programs, increasing India's growing role in the global aerospace supply chain. Ongoing customer programs and new strategic partnerships are expected to support long-term business visibility and growth

Strategy:

Our focus remains on scaling complex aerostructure programs, deepening relationships with global OEMs and strengthening advanced manufacturing and engineering capabilities. We continue to invest in next-generation commercial and security applications to enhance long-term competitiveness, margins and execution capabilities.

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

HYDRAULICS SEGMENT

Financial Overview

Rs. mn Q4 y-o-y Growth (%) Q3 q-o-q Growth (%) Full Year y-o-y Growth (%)
FY26 FY25 FY26 FY26 FY25
Revenue 1,312.3 1,104.8 18.8% 1,237.4 6.1% 4,873.8 4,580.4 6.4%
EBITDA 108.2 (19.6) nm 142.4 (24.0)% 358.7 241.5 48.5%
Margin (%) 8.2% (1.8)% 11.5% 7.4% 5.3%
EBIT 68.6 (51.6) nm 103.0 (33.4)% 214.6 114.5 87.4%
Margin (%) 5.2% (4.7)% 8.3% 4.4% 2.5%

Performance Overview

The segment reported 6.4% year-on-year growth, led by strong performance in India Hydraulics driven by robust OEM and aftermarket demand. However, UK Hydraulics revenue declined due to reduced OEM demand and planned operational rationalization on transfer of technology and product lines to improve profitability.

Outlook:

Segment is expected to witness gradual improvement in margins supported by stable domestic demand, increasing farm mechanization and infrastructure activity in India. UK restructuring initiatives are expected to aid margin recovery over the medium term.

Strategy:

The Company continues to prioritize cost optimization, manufacturing efficiency and expansion of its aftermarket and industrial presence to improve long-term profitability and competitiveness

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

METALLURGY SEGMENT

Financial Overview

Rs. mn Q4 Y-0-Y Growth (%) Q3 q-0-Q Growth (%) Full Year Y-0-Y Growth (%)
FY26 FY25 FY26 FY26 FY25
Revenue 915.5 944.3 (3.0)% 871.4 5.1% 3,581.0 3,348.3 6.9%
EBITDA 31.5 38.2 (17.3)% (5.0) nm 28.3 100.4 (71.8)%
Margin (%) 3.4% 4.0% (0.6)% 0.8% 3.0%
EBIT (3.8) 4.9 nm (41.0) nm (109.9) (29.6) nm
Margin (%) (0.4)% 0.5% (4.7)% (3.1)% (0.9)%

Performance Overview

The Metallurgy segment recorded a year-over-year growth of 6.9%; however, the business continued to operate under challenging market conditions and navigating a complex transition amid structural shifts, high energy costs, and fierce global competition in Germany.

Outlook:

The segment continues to face a cautious demand environment in Europe, particularly across automotive-linked industrial markets. However, gradual demand stabilisation, easing inflationary pressures and increasing opportunities in specialised engineering and defence applications are expected to support the business over the medium term

Strategy:

Our focus remains on cost discipline, operational efficiency and improving the product mix toward higher-value applications. The Company continues to advance diversification into aerospace, defence and specialised engineering segments to strengthen margins, reduce dependence on traditional automotive demand cycles and improve long-term business resilience

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

QUARTERLY FINANCIAL TRENDS

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Revenue (Rs. mn) and Growth % (Q-o-Q)

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Segment Wise Revenue Contribution

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EBITDA (Rs. mn) and Margin (%)

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Segment Wise Revenue Contribution

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

YEARLY FINANCIAL TRENDS

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Revenue (Rs. mn) and Growth % (Q-o-Q)

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Segment Wise Revenue Contribution

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EBITDA (Rs. mn) and Margin (%)

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Segment Wise Revenue Contribution

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

QUARTERLY FINANCIAL TRENDS

Capital Structure

(Rs. mn) Mar-25 Dec-25 Mar-26
Long Term 2,252.3 2,829.7 3,110.8
Short Term 2,258.1 2,043.0 2,183.0
Total Debt 4,510.4 4,872.7 5,293.8
Less: Cash & Cash Equivalents 459.0 563.0 679.8
Net Debt 4,051.4 4,309.7 4,614.0
Add: Lease Liabilities 1,202.1 1,116.1 1,085.1
Overall Debt 5,253.5 5,425.8 5,699.1
Net Worth 7,175.0 7,857.3 7,935.2
LTM EBITDA 1,583.2 1,720.1 1,826.8

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Net Debt/LTM EBITDA & Net Debt/Equity (x)

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Interest Expense (Rs. mn) & Interest Coverage (x)

Note:
1. Interest Coverage ratio = Operating Profit / Interest Expense

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

D

DYNAMATIC OVERVIEW

Diversified business

  • A combination of stable and high growth businesses with highly engineered products for the automotive, hydraulic and aerospace industries
  • Successful track record of enhancing manufacturing capabilities through R&D and selective acquisitions

Competitive market position

  • One of the world's largest manufacturers of hydraulic gear pumps, with over five decades of leadership in this market.
  • Holds approximately 70% share of the organized tractor market in India, supplying to nearly all major OEMs.
  • A pioneer in the Indian private sector for aerospace and defense, serving as a Tier I supplier to global OEMs such as Airbus, Boeing, Bell Helicopters, Dassault Aviation, Deutsche Aircraft, and HAL, delivering complex aerostructures, tooling, and precision parts. In the UK, our company specializes in manufacturing of high-precision airframe structures and aerospace components.
  • Produces intricate metallurgical ferrous castings for performance-critical components like turbochargers and exhaust manifolds, with capabilities to develop complex metallurgical components on a single-source basis.

Locational advantages

  • World-class manufacturing facilities in India, the UK, and Germany strategically position our company in the post-COVID environment, as customers seek supply chain stability and prefer nearshored deliveries.

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

DYNAMATIC OVERVIEW

Vertically Integrated Facilities
- Owns one of the most advanced ferrous foundries in Europe (Germany) capable of manufacturing highly intricate castings
- In-house division for design validation and optimization, analysis and prototypes
- 8 Facilities worldwide, located in Bangalore (India), Swindon and Bristol (UK) and Schwarzenberg (Germany)

R&D and Intellectual Property
- Owns several patents for various products and designs in India and internationally
- Has the design IP for all the products manufactured in the Hydraulics segment
- R&D units recognized by Department of Scientific and Industrial Research, Government of India

Blue Chip Customers
- Metallurgy: BMW, MAN, Daimler, AGCO, Audi, BorgWarner
- Hydraulics: Cummins, Escorts, John Deere, Mahindra & Mahindra, Same Deutz-Fahr
- Aerospace: Airbus, Bell Helicopter, Boeing, HAL, Dassault Aviation, Deutsche Aircraft

Board and Management
- Highly qualified board and management team with significant industry experience
- 5 out of 8 Directors are Independent

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

D

DYNAMATIC OVERVIEW

Combination of Stable and High Growth Businesses

| AEROSPACE
48% of FY2026 Revenue | | • Wings, rear fuselages, ailerons, wing flaps and major airframe structures
• Ramp structure assembly
• AFT Pylon assembly | • Airbus
• Boeing
• Bell
• Deutsche Aircraft | • Spirit Aerosystems
• HAL
• Dassault Aviation |
| --- | --- | --- | --- | --- |
| HYDRAULICS
30% of FY2026 Revenue | | • Hydraulic valves
• Hydraulic gear pumps
• Combined displacement pump packages
• Fan drive systems
• Fixed displacement pumps | • Cummins
• Eicher
• Escorts
• John Deere
• JCB | • Mahindra & Mahindra
• New Holland
• Same Deutz-Fahr
• Terex
• MacDon |
| METALLURGY
22% of FY2026 Revenue | | • Casting and forging | • Audi
• BMW
• Daimler
• IHI | • MAN
• BorgWarner
• AGCO |

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

BLUE CHIP INVESTOR BASE

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Shareholding Structure

Shareholding Pattern Trend

Shareholders Mar-25 Dec-25 Mar-26
Promoters 41.9% 41.9% 41.5%
Flls 13.3% 10.3% 10.1%
Dlls 6.6% 8.7% 8.4%
Alternative Investment Fund 6.9% 6.6% 7.2%
Bodies Corporate 6.2% 6.1% 6.0%
Others 25.2% 26.4% 26.7%
Total 100.0% 100.0% 100.0%

Key Investors

  • HDFC Mutual Fund
  • Abakkus Group
  • Al Mehwar Commercial Investments L.L.C. - (Noosa)
  • Alchemy and Group
  • Cohesion MK Best Ideas Sub-trust
  • Madhusudan Kela and Group
  • Motilal Oswal
  • Whiteoak
  • Carnelian Structural Shift Fund

Equity History

Year Event Year End Equity Capital (Rs. mn)
1974 Initial Public Offering 2.9
1987 Rights Issue 11.2
1992 Rights Issue 21.0
1994 Rights Issue 31.5
1995 Bonus Issue 41.9
2008 Amalgamation 48.1
2008 Qualified Institutional Placement 54.1
2014 Preferential Convertible Warrants 60.4
2014 Qualified Institutional Placement 63.4
2023 Preferential allotment 67.9

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

FINANCIAL STATEMENTS

Consolidated P&L Statement (Y-o-Y)

Profit & Loss Statement (Rs. mn) FY25 FY26
Revenue
Revenue from operations 14,038.0 16,213.4
Expenses
Cost of materials and components consumed 6,469.4 8,420.2
Change in inventory of finished goods and work-in-progress 66.5 (282.9)
Employee Benefit Expenses 3,199.7 3,279.6
Other Expenses 2,719.2 2,969.7
Total expenses excluding D&A 12,454.8 14,386.6
Operating Profit (EBITDA) 1,583.2 1,826.8
Depreciation and Amortization Expense 692.9 766.1
EBIT 890.3 1,060.6
Other Income 228.0 297.1
Finance Cost 567.2 580.1
PBT before exceptional items 551.1 777.6
Exceptional Items 0.0 275.7
PBT 551.1 501.9
Tax Expense 120.7 177.8
PAT 430.4 324.1
EPS 63.4 47.7
Margin (%)
Gross Margin 53.4% 49.8%
EBITDA margin 11.3% 11.3%
PAT margin 3.1% 2.0%
Y-o-Y Growth (%)
Total Revenue (1.8)% 15.5%
EBITDA (0.7)% 15.4%
PAT (64.7)% (24.8)%

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

FINANCIAL STATEMENTS

Consolidated P&L Statement (Q-o-Q)

Profit & Loss Statement (Rs. mn) Q4FY25 Q3FY26 Q4FY26
Revenue
Revenue from operations 3,806.7 4,248.7 4,331.6
Expenses
Cost of materials and components consumed 1,740.2 2,266.5 2,342.3
Change in inventory of finished goods and work-in-progress 91.9 (117.8) (147.9)
Employee Benefit Expenses 862.2 844.2 848.1
Other Expenses 733.0 755.3 803.0
Total expenses excluding D&A 3,427.3 3,748.2 3,845.5
Operating Profit (EBITDA) 379.4 500.5 486.1
Depreciation and Amortization Expense 172.5 196.5 193.4
EBIT 206.9 304.0 292.6
Other Income 125.8 58.8 69.2
Finance Cost 139.8 140.7 144.8
PBT before exceptional items 192.9 222.1 217.0
Exceptional Items 0.0 142.7 64.2
PBT 192.9 79.4 152.8
Tax Expense 32.0 21.7 27.2
PAT 160.9 57.7 125.6
EPS 23.7 8.5 18.5
Margin (%)
Gross Margin 51.9% 49.4% 49.3%
EBITDA margin 10.0% 11.8% 11.2%
PAT margin 4.2% 1.4% 2.9%
Y-o-Y Growth (%)
Total Revenue 2.8% 34.7% 13.8%
EBITDA (11.5)% 27.4% 28.0%
PAT (71.8)% 63.5% (22.1)%

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

FINANCIAL STATEMENTS

Consolidated Balance Sheet - Assets

Balance Sheet (Rs. mn) FY25 FY26
Assets
Non-current assets
Property, plant and equipment 5,854.1 6,401.0
Capital work in progress 181.6 71.6
Goodwill 980.2 1,049.9
Intangible assets 256.8 242.6
Right of use assets 917.2 751.3
Intangible assets under Development 107.1 353.6
Financial assets
Investments 3.3 3.3
Other financial assets 68.1 62.2
Income tax assets 52.8 0.2
Other non-current assets 39.9 308.3
Total non-current assets 8,461.1 9,244.0
Current assets
Inventories 3,466.2 4,118.4
Financial assets
Trade receivables / sundry debtors 2,893.5 3,184.5
Cash and cash equivalents 331.1 525.2
Bank balance other than cash and cash equivalents above 127.9 151.3
Loans 19.5 21.6
Other financial assets 35.4 10.5
Other current assets 1,168.1 1,239.8
Total current assets 8,041.7 9,251.3
Total assets 16,502.8 18,495.3

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

FINANCIAL STATEMENTS

Consolidated Balance Sheet - Liabilities

Balance Sheet (Rs. mn) FY25 FY26
Equity and liabilities
Equity
Equity share capital 67.9 67.9
Other equity 7,107.1 7,867.3
Total shareholders fund 7,175.0 7,935.2
Non-current liabilities
Financial liabilities
Borrowings 1,752.4 2,493.6
Lease liabilities 944.7 840.1
Deferred tax liabilities (net) 11.4 8.9
Other non-current liabilities 9.6 10.0
Provisions 338.9 505.6
Total non-current liabilities 3,057.0 3,858.2
Current liabilities
Financial liabilities
Borrowings 2,758.0 2,800.2
Trade payables 2,301.0 2,557.6
Other financial liabilities 561.1 614.3
Lease liabilities 257.4 245.0
Other current liabilities 171.2 141.9
Income tax liabilities (net) 99.5 162.1
Provisions 122.6 180.8
Total current liabilities 6,270.8 6,701.9
Total equity and liabilities 16,502.8 18,495.3

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

FINANCIAL STATEMENTS

Cash Flow Statement

Cash Flow Statement (Rs. mn) FY25 FY26
Cash flow from operating activities
Profit before tax after exceptional items 551.1 501.9
Adjustments:
Interest income (11.5) (12.3)
Loss on sale of property, plant and equipment (net) 4.0 6.4
Exceptional Items - 275.7
Depreciation and amortisation expense 442.3 527.8
Finance costs 487.5 518.4
Interest on Lease liabilities 67.9 61.7
Amortisation on Right to use Assets 250.6 238.4
Write back of Liabilities (69.9) -
Gain on lease modification (3.1) -
Loss allowance on financial assets (net) 0.6 27.8
Interest on Income Tax refund 0.0 (9.8)
Unrealised foreign exchange differences loss/(gain) (net) 13.6 (136.7)
Operating cash flow before working capital changes 1,733.1 1999.3
Changes in operating assets and liabilities
Changes in inventories (355.4) (580.2)
Changes in trade receivables 161.0 (303.9)
Changes in loans 26.4 (1.0)
Changes in other financial assets 84.9 1.7
Changes in other assets (446.7) (247.5)
Changes in trade payables 382.6 276.9
Changes in other financial liabilities (27.3) (15.8)
Changes in provisions 2.4 69.8
Changes in other current liabilities 17.2 (141.9)
Cash generated from operations 1,609.7 1,045.9
Income taxes paid, net of refund (166.4) (92.5)
Net cash generated from operating activities (A) 1,443.3 953.4

Note: Audited Financials Statements

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DYNAMATIC TECHNOLOGIES LIMITED

FINANCIAL STATEMENTS

Cash Flow Statement

Cash Flow Statement (Rs. mn) FY25 FY26
Cash flows from investing activities
Purchase of property, plant and equipment and intangibles assets (665.5) (659.8)
Proceed from the sales of property, plant and equipment - 5.2
Changes in bank deposits (having original maturity of more than three months), net (22.1) (25.4)
Interest received from bank deposits 17.3 11.3
Net cash used in investing activities (B) (670.3) (668.7)
Cash flows from financing activities
Proceeds of long-term borrowings 289.1 1,358.7
Repayment of long-term borrowings and lease liabilities (net) (397.3) (527.3)
Proceeds/(Repayment) from short term borrowings (net) (12.6) (143.7)
Payment in lease liabilities (309.1) (290.9)
Interest paid (486.3) (503.0)
Dividend paid (47.5) (34.0)
Net cash (used in) by financing activities (C) (963.7) (140.2)
Net decrease in cash and cash equivalents (A + B + C) (190.7) 144.5
Cash and cash equivalents at the beginning of the year 508.3 331.1
Effect of exchange rate changes on cash and cash equivalent 13.5 49.6
Cash and cash equivalents at the end of the year 331.1 525.2

Note: Audited Financials Statements

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

IMPORTANT NOTICE

This presentation contains statements that contain ‘forward looking statements’ including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Dynamic Technologies’ (‘Dynamic’ or the ‘Company’) future business developments and economic performance.

While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations.

These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.

Dynamic undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.

© 2026 Proprietary Information of Dynamic Technologies Limited


DYNAMATIC TECHNOLOGIES LIMITED

CONTACT DETAILS

Mr. Chalapathi P
Executive Director and Chief Financial Officer
E: [email protected]

Mr. Shivaram V
Chief Legal Officer and Company Secretary
E: [email protected]

Dynamatic Technologies Limited
JKM Plaza Dynamatic Aerotropolis
55 KIADB Aerospace Park
Bangalore 562 149 India
T: +91 80 2111 1223 / 2204 0535
www.dynamatics.net
CIN: L72200KA1973PLC002308

© 2026 Proprietary Information of Dynamatic Technologies Limited