AI assistant
Dynamatic Technologies Ltd. Audit Report / Information 2025
60708_rns_2026-04-22_464f6970-1a55-43db-86ff-0cbb9acdb373.pdf
Audit Report / Information
Open in viewerOpens in your device viewer
15th April 2026
To, 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: Clarification on Financial Results Submission dated 27 th May 2025.
With reference to your email dated 26th June 2025 regarding the Financial Results submitted by the Company to the Exchange on 27th May 2025, we have submitted machine-readable and legible copy of the Financial Results on the same day. Further, with reference to your email dated today, i.e., 15th April 2026, regarding the same subject, we hereby submit the revised XBRL file along with a machine-readable and legible copy of the Financial Results.
We request you to kindly take the above clarification on record.
Thanking you,
Yours faithfully, For Dynamatic Technologies Limited
pseudonym=7c575bcb37d741a6be53442b67fb3685, 2.5.4.20=c7f6295cda1b0ceb8526d05d9f81d8e36b4e1f8c0 6f572a798666cacba9146d2, postalCode=560104, st=Karnataka, serialNumber=95d91418d3772401a22562e854e1e576b38 541707bd357bb622ae4d42449d3a8, cn=Shivaram V Date: 2026.04.15 19:03:24 +05'30'
Shivaram V Chief Legal Officer and Company Secretary Membership No.: ACS 19173 Corporate Identity Number: L72200KA 1973PLC002308 Shivaram V
Digitally signed by Shivaram V DN: c=IN, o=Personal, title=6238,
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
27" May 2025
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: Outcome of the Board meeting held on 27" May 2025
Ref: Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Further to our letter dated 20" May 2025, we wish to inform you that the significant matters arising from the Board Meeting of the Dynamatic Technologies Limited ('the Company') held on today i.e., 27" May 2025, at JKM Plaza, Dynamatic Aerotropolis, 55, KIADB Aerospace Park, Bangalore 562149, are as follows:
- 1 The Board considered and approved the Standalone and Consolidated Audited Financial Results for the quarter and year ended 31% March 2025. Copy of the audited financial results has been enclosed.
- Pursuant to Regulation 33(3)(d) of the SEBI Listing Regulations, 2015, we hereby declare that the Independent Auditors' Report on the Annual accounts of the Company for the year ended 315t March 2025, issued by M/s Deloitte Haskins & Sells, LLP, Statutory Auditors, contains an unmodified opinion.
- Based on the recommendation of the Audit Committee, the Board of Directors has approved the appointment of Ratish Tagde & Associates as Secretarial Auditors of the company for a period of five consecutive years from FY2025-26 to FY2029-30, subject to approval of shareholders of the company at ensuing Annual General Meeting.
The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as Annexure A.
Registered Office Dynamatic Technologies Limited JKM Plaza Dynamatic Aerotropolis 55 KIADB Aerospace Park Bangalore 562 149 India Tel +9180 2111 1223 +91 80 2204 0535
wwaw.dynamatics.com
Cerperate identity Number: L72200KA1973PLC002308
The meeting of the Board of Directors held today commenced at 15:30 IST and concluded at 19:15 PM IST.
The aforesaid information is also available on the website of the company at www dynamatlcs.com.
We kindly request you to take this letter along with the enclosures on record.
Thanking you,
Yours faithfully, For Dynamatic Technologie
S Fon o™ Shivaram VO/ \ Chief Legal Officer and Com Membership No.: ACS 19173
Registered Office Dynamatic Technologies Limited JKM Plaza Dynamatic Aerotropolis 55 KIADB Aerospace Park Bangelore 562 149 India Tei +91 80 21111223 +91 8022040535
www dynarratics.com
Corporate Identity Number: L72200KA1973PLC002308
Annexure A
Details as required under the SEBI Listing Regulations, 2015 read with the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
| Sr. No. |
Disclosure Requirement | Details |
|---|---|---|
| 1. | Reason for change viz. appointment, re- appointment; resignation-cessation: removal-death-or otherwise. |
Appointment Tagde Associates (CP Ratish and No. of 22018), Company Secretaries as Secretarial Auditor of the Company. |
| 2. Date & term of appointment/ re-appointment |
The Board at its meeting held on 27™ May 2025, approved appointment Tagde Associates Ratish and the as of consecutive Secretarial Auditors, period for audit of five commencing 2025-26 2029-2030, years from FY FY till subject to approval of the shareholders. |
|
| 3. Brief profile (in case of appointment/ reappeintment) |
Ratish Tagde, Company Secretary-in-Practice, established in the year 2002 and is based in Mumbai. He is a Fellow member of the Institute of Company Secretaries of India (ICSl), and has been in practice for over two decades in the SEBI/Securities market areas corporate laws, of regulations, FEMA, FDI/ODI, RBI matters etc. |
|
| Peer Review Certificate by The He holds issued valid a Company Secretaries The Institute (ICSI). India of of practicing unit is also Quality Reviewed by the ICSI, enuring highest standards of professional practice and conduct. |
||
| 4. Disclosure of relationships between directors (in case of appointment of a director) |
Not Applicable |
Registered Office Dynamatic Technologies Limited JKM Plaza Dynamatic Aerotropolis 55 KIADB Aerospace Park Bangalore 562 149 India Tel +91 802111 1223 +91 80 2204 0535
www.dynamatics.com Carporate Identity Number: L72200KA 1973PLC002308
- Chartered Accountants eloitte e AU el 19 46, Palace Road, High Grounds H Bengaluru - 560 001 asKins ells Karmataka, India
Tel: +91 80 6188 6000 Fax: +91 80 6188 6011
INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL CONSOLIDATED FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF DYNAMATIC TECHNOLOGIES LIMITED
Opinion and Conclusion
We have (a) audited the Consolidated Financial Results for the year ended March 31, 2025 and (b) reviewed the Consolidated Financial Results for the quarter ended March 31, 2025 (refer 'Other Matters' section below), which were subject to limited review by us, both included in the accompanying "Statement of Consolidated Financial Results for the Quarter and Year Ended March 31, 2025"" of DYNAMATIC TECHNOLOGIES LIMITED (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as the "Group"), for the quarter and year ended March 31, 2025, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "LODR Regulations").
(a) opinion on Annual Consolidated Financial Results
In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the audit reports of the other auditors on separate financial statements of the Group and subsidiaries referred to in Other Matters section below, the Consolidated Financial Results for the year ended March 31, 2025:
- (i) includes the financial results of the following entities: Dynamatic Technologies Limited - Parent JKM Research Farm Limited, India - Subsidiary JKM Global Pte. Limited, Singapore- Subsidiary JKM Erla Automotive Limited, India - Subsidiary Dynamatic Manufacturing Limited, India - Subsidiary Dynamatic Limited UK - Step down subsidiary Dynamatic LLC, US- Step down subsidiary Yew Tree Investments Limited UK - Step down subsidiary JKM Erla Holdings GmbH Germany Step-Subsidiary Company (liquidated & struck-off w.e.f. November 26, 2024 - Step down subsidiary Eisenwerk Erla GmbH Germany - Step down subsidiary JKM Automotive Limited, India - Step down subsidiary
- (ii) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and
- (iii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the year ended March 31, 2025.
Page 1 of 5
Regd Office :315 Floor, Tower 3, One International Center, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400013
(b) Conclusion on Unaudited Consolidated Financial Results for the quarter ended March 31, 2025
With respect to the Consolidated Financial Results for the quarter ended March 31, 2025, based on our review conducted and procedures performed as stated in paragraph (b) of Auditor's Responsibilities section below and based on the consideration of the review reports of the other auditors referred to in Other Matters section below, nothing has come to our attention that causes us to believe that the Consolidated Financial Results for the quarter ended March 31, 2025, prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards 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.
Basis for Opinion on the Audited Consolidated Financial Results for the year ended March 31, 2025
We conducted our audit in accordance with the Standards on Auditing ("SA"s) specified under Section 143(10) of the Companies Act, 2013 (the "Act"). Our responsibilities under those Standards are further described in paragraph (a) of Auditor's Responsibilities section below. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (the "ICAI") together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results for the year ended March 31, 2025 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI's Code of Ethics. We believe that the audit evidence obtained by us and the audit evidence obtained by the other auditors in terms of their reports referred to in Other Matters section below, is sufficient and appropriate to provide a basis for our audit opinion.
Management's and Board of Directors' Responsibilities for the Statement
This Statement, which includes the Consolidated Financial Results is the responsibility of the Holding Company''s Board of Directors and has been approved by them for the issuance. The Consolidated Financial Results for the year ended March 31, 2025, has been compiled from the related audited consolidated financial statements. This responsibility includes the preparation and presentation of the Consolidated Financial Results for the quarter and year ended March 31, 2025 that give a true and fair view of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations.
The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Holding Company, as aforesaid.
In preparing the Consolidated Financial Results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so.
The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.
Auditor's Responsibi es
(a) Audit of the Consolidated Financial Results for the year ended March 31, 2025
Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results for the year ended March 31, 2025 as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Consolidated Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- e Identify and assess the risks of material misstatement of the Annual Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- * Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of such controls.
- e Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.
- e Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.
- s Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group and its associates and joint ventures to cease to continue as a going concern.
- . Evaluate the overall presentation, structure and content of the Annual Consolidated Financial Results, including the disclosures, and whether the Annual Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
- e Perform procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the LODR Regulations to the extent applicable.
* Obtain sufficient appropriate audit evidence regarding the Annual Standalone Financial Results of the entities within the Group to express an opinion on the Annual Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Annual Consolidated Financial Results of which we are the independent auditors. For the other entities included in the Annual Consolidated Financial Results, which have been audited by the other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
Materiality is the magnitude of misstatements in the Annual Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Annual Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Annual Consolidated Financial Results.
We communicate with those charged with governance of the Holding Company and such other entities included in the Consolidated Financial Results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
(b) Review of the Consolidated Financial Results for the quarter ended March 31, 2025
We conducted our review of the Consolidated Financial Results for the quarter ended March 31, 2025 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 ICAL 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 SAs specified under section 143(10) of the Act 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.
The Statement includes the results of the entities as listed under paragraph (a)(i) of Opinion and Conclusion section above.
We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.
Other Matters
We did not audit the financial statements of five subsidiaries included in the consolidated financial results, whose financial statements reflect total assets of Rs. 95,935 lakhs as at March 31, 2025 and total revenues of Rs 20,771 lakhs and Rs. 75,634 lakhs for the quarter and year ended March 31, 2025 respectively, total net profit after tax of Rs 586 lakhs and Rs. 743 lakhs for the quarter and year ended March 31, 2025 respectively and other comprehensive income of Rs 586 lakhs and Rs. 743 lakhs for the quarter and year ended March 31, 2025 respectively and net cash outflows of Rs. 1,493 lakhs for the year ended March 31, 2025, as considered in the Statement. These financial statements have been audited/ reviewed, as applicable, by other auditors whose reports have been furnished to us by the Management and our opinion and 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 under Auditor's Responsibilities section above.
Our report on the Statement is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors.
* The consolidated financial results includes the unaudited financial statements of one subsidiary, whose financial statements reflect total assets of Rs. 15,926 lakhs as at March 31, 2025 and total revenues of Rs 233 lakhs and Rs. 917 lakhs for the quarter and year ended March 31, 2025 respectively, total net profit after tax of Rs 224 lakhs and Rs. 13 lakhs for the quarter and year ended March 31, 2025 respectively and other comprehensive income of Rs 224 lakhs and Rs. 13 lakhs for the quarter and year ended March 31, 2025 respectively and net cash outflows of Rs. 23 lakhs for the year ended March 31, 2025, as considered in the Statement. These financial statements are unaudited and have been furnished to us by the Management and our opinion and 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 such unaudited financial statements. In our opinion and according to the information and explanations given to us by the Board of Directors, these financial statements are not material to the Group.
Our report on the Statement is not modified in respect of the above matter.
For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018)
Jolbed
Sathya P. Koushik Partner (Membership No. 206920) (UDIN: 25206920BMJHIN4754)
Place: Bengaluru Date: May 27, 2025
DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA 1973PLC002308 JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA
Statement of Audited Consolidated Financial Results for the year ended 31 March 2025 and Unaudited Consolidated Financial Results for the quarter ended 31 March 2025
| (INR in lakhs, except as otherwise stated) | |||||||
|---|---|---|---|---|---|---|---|
| Sl No. |
Parteiass | 3 months ended (Unaudited) (Refer Note 5) |
Preceding 31March2025 3 months ended previous period (Unaudited) |
Corresponding 3 Year to date months ended in 31 December 2024 31 March 2024 ended 31 March [ March2024 (Unaudited) (Refer Note 5) |
figure for the current year 2025 (Audited) |
Previous year ended 31 (Audited) |
|
| T | [Tncome | ||||||
| a) Revenue from operations | 38067 | 31,543 | 37,041 | 1,40,380 | 142,933 | ||
| b) Other income (Refer Note 3) | 1,258 | (28) | 576 | 2280 | 4282 | ||
| Total income (ar+b) | 39325 | 31515 | 37,617 | 142660 | 147215 | ||
| 2 | Expenses | ||||||
| ) Cost of materials and components consumed | 17402 | 14,308 | 16,668 | 64,694 | 66,194 | ||
| b) Change in inventory of finished goods and work-in-progress | 919 | 133 | 518 | 665 | 621 | ||
| ) Employee benefits expenses | 8622 | 7,365 | 7,555 | 31,997 | 30,167 | ||
| d) Finance costs | 1,398 | 1,400 | 1752 | 5672 6929 |
6255 | ||
| ) Depreciation and amortisation expenses ) Other expenses |
1725 7330 |
1,694 5,808 |
1,728 8015 |
27,192 | 6,636 30,010 |
||
| Total expenses (a+bretd+e+) | 37,396 | 30,708 | 36236 | 137,149 | 1,39,883 | ||
| Profit before tax and exceptional items (1 - 2) | 1929 | 807 | 1381 | 5511 | 7332 | ||
| 3 | |||||||
| 4 | Exceptional Items (Refer Note 3) | - | 4,468 | 6231 | |||
| 5 Profit before tax (3+4) | 1929 | 807 | 5849 | 5511 | 13563 | ||
| 6 Taxexpense/ (credit) | |||||||
| a) Curenttax | 468 | 3% | 422 | 1270 | 1316 | ||
| b) Deferred tax | (148) | 118 | (289) | (63) | 66 | ||
| Total tax expense (a+h) | 320 | 454 | 138 | 1,207 | 1382 | ||
| 7 | tax Profit after (5 -6) |
1,609 | 353 | 5,711 | 4304 | 12,181 | |
| 8 Other comprehensive income/(loss) (OCI) ) ltems that will not be reclassified subsequently (o Statement of profit and loss |
|||||||
| ) Remeasurement gainy/(loss) on defined benefit plans | (381) | 6 | (125) | (414) | (125) | ||
| b) Income tax relating to items that will not be reclassified to statement of profit and loss |
86 | 12) | 2 | 91 | 2 | ||
| i) ltems that will be reclassified subsequently o Statement of profit and loss |
|||||||
| a) Foreign currency fluctuations under acash flow hedge - gain/(loss) |
- | - | 441 | - | 508 | ||
| b) Exchange differences in translating financial statements of foreign operations |
1512 | (1,907) | (524) | 1,470 | 801 | ||
| Other comprehensive income/ (loss) for the period, netof tax |
1217 | (1,856) | (181) | 1147 | 1211 | ||
| 9 | Total comprehensive income for the period (7+8) | 2,826 | (1,503) | 5,530 | 5451 | 13392 | |
| 10 Paid-up equity share capital (face value of INR 10 each) | 6719 | 679 | 679 | 679 | 679 | ||
| 11 Reserves (Other equity) | S | B | - | 71071 | 66,095 | ||
| Earnings per cquity share | (not annualised) (not annualised) (not annualised) | _(annualised) (annualised) | |||||
| Earnings per share Basic and diluted (INR) |
23.70 | 520 | 8411 | 6339 | 179.40 |
See accompanying notes (o the financial results.
DYNAMATIC TECHNOLOGIES LIMITED
CIN: L72200KA1973PLC002308 JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Audited Consolidated Financial Results for the year ended 31 March 2025 and Unaudited Consolidated Financial Results for the quarter ended 31 March 2025
Annexure I : Statement of Consolidated segment wise revenue, results, assets and liabilities for the quarter and year ended 31 March 2025
| (INR in lakhs, except as otherwise stated) | ||||||
|---|---|---|---|---|---|---|
| L No. Particulars | 3 months ended (Unaudited) (Refer Note 5) |
Preceding 31 March 2025 3 months ended previous period (Unaudited) |
Corresponding3 Year todate months ended in 31 December 2024 31 March202d ended 31 March March 2024 (Unaudited) (Refer Note 5) |
figure for the current year 2025 (Audited) |
Previous year ended 31 (Audited) |
|
| T Segment revenue | ||||||
| a) Hydraulics | 11,048 | 9,787 | 12,248 | 45,804 | 4483 | |
| b) Aerospace | 17280 | 15,091 | 14,193 | 60,785 | 51,009 | |
| ©) Metallurgy | 9443 | 6,664 | 10,598 | 33483 | 47,081 | |
| ) Others | 296 | 1 | 2 | 308 | 9 | |
| Revenue from operations | 38,067 | 31543 | 37,041 | TA0380 | 1,42,933 | |
| 2 | Segment results [profit/ (loss) before finance costs, | |||||
| other income and tax from each segment) | ||||||
| a) Hydraulics | (516) | 108 | 392 | 1,145 | 2,547 | |
| b) Aerospace | 3363 | 3,187 | 3452 | 11,863 | 9331 | |
| ©) Metallurgy | 49 | (153) | (199) | (296) | 1,010 | |
| d) Others | 127 | 74 | (293) | (488) | (775 | |
| ©) Unallocated | (954) | ©81) | (195) | 6,321) | (2,808) | |
| Total | 2,069 | 2,235 | 2,557 | 8,903 | 9,305 | |
| Unallocable | ||||||
| - Finance costs | (1.398) | (1,400) | (1,752) | (5.672) | (6255) | |
| - Other income | 1258 | (28) | 576 | 2280 | 4282 | |
| - Exceptional income (Refer Note 3) | - | - | 4468 | - | 6231 | |
| Profit before tax | 1,929 | 807 | 5849 | 5511 | 13563 | |
| 3 Segment assets | ||||||
| a) Hydraulics | 34,009 | 33242 | 38610 | 34,009 | 38,610 | |
| b) Aerospace | 93,960 | 89,434 A1 |
81,282 | 93,960 | 81,282 | |
| ©) Metallurgy | 25256 | 25,008 | 25256 | 25,008 | ||
| d)Others | 5375 | 5,091 | 4812 | 5375 | 4812 | |
| ©) Unallocated | 6428 | 5301 | 7513 | 6428 | 7513 | |
| Total Segment assets | 1,65,028 | 157,779 | 157,225 | 1,65,028 | 1,57,225 | |
| 4 Segment liabilities | ||||||
| ) Hydraulics | 20942 | 18879 | 23,59 | 20,942 | 23,59 | |
| b) Acrospace | 21,702 | 20548 | 12900 | 21702 | 12,90 | |
| ©) Metallurgy | 4476 | 4153 | 5,750 | 4,476 | 5750 | |
| d) Others | 304 | 876 | 7% | 304 | 787 | |
| <) Unallocated | 45854 | 44,400 | 47418 | 45,854 | 47418 | |
| "Total Segment liabilities See accompanying notes (o the financial results, |
93,278 | 88,856 | 90451 | 93,278 | 90,451 |
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA
Statement of Audited Consolidated Financial Results for the year ended 31 March 2025 and
Unaudited Consolidated Financial Results for the quarter ended 31 March 2025
Consolidated statement of assets and liabi
| (INR in lakhs, except as otherwise stated) | ||||
|---|---|---|---|---|
| As at | Asat | |||
| Particulars | 31 March 2025 | 31 March 2024 | ||
| (Audited) | (Audited) | |||
| ASSETS | ||||
| Non-current assets | ||||
| a) Property plant and equipment | 58,541 | 57,292 | ||
| b) Right-of-use assets | 9,172 | 10,034 | ||
| ¢) Capital work in progress | 1,816 | 515 | ||
| d) Goodwill | 9,802 | 9,397 | ||
| €) Other Intangible assets | 2,568 | 2,434 | ||
| ) Intangible Assets under Development | 1,071 | 483 | ||
| g Financial assets | ||||
| (i) Investments | 3 | 33 | ||
| (ii) Other financial assets | 681 | 676 | ||
| h) Income tax asset (net) | 528 | 606 | ||
| i) Other non-current assets | 399 | 273 | ||
| Total non - current assets | 84,611 | 81,743 | ||
| Current assets | ||||
| a) Inventories | 34,662 | 30,564 | ||
| b) Financial assets | ||||
| (i) Trade receivables | 28,935 | 29,882 | ||
| (if) Cash and cash equivalents | 3311 | 5083 | ||
| (iii) Bank balances other than cash and cash equivalents above | 1,279 | 1,058 | ||
| (iv) Loans | 195 | 129 | ||
| (v) Other financial assets | 354 | 1,208 | ||
| c) Other current assets | 11,681 | 7,558 | ||
| Total current assets | 80,417 | 75,482 | ||
| Total Assets | 1,65,028 | 1,57,225 | ||
| EQUITY AND LIABILITIES Equity a) Equity share capital b) Other equity |
679 71,071 |
679 66,095 |
||
| 71,750 | 66,774 | |||
| a) Financial liabilities | ||||
| (i) Borrowings | 17,524 | 19,319 | ||
| (ii) Lease Liabilities | 9,447 | 10,264 | ||
| b) Provisions | 3389 | 2,847 | ||
| ¢) Deferred tax liabilities (net) | 14 | 268 | ||
| d) Other non-current liabilities | 96 | 96 | ||
| Total non-current lial | 30,570 | 32,794 | ||
| a) Financial liabilities | ||||
| (i) Borrowings | 27,580 | 26,497 | ||
| (ii) Lease liabilities | 2,574 | 2,429 | ||
| (iii) Trade Payables | ||||
| (a) total outstanding dues of micro and small enterprises | 1,886 | 1,295 | ||
| (b) total outstanding dues of creditors other than micro and small enterprises | 21,124 | 17,220 | ||
| (iv) Other financial liabilities | 5,611 | 5,751 | ||
| b) Other current liabilities | 1,712 | 1,688 | ||
| ¢) Provisions | 1,226 | 1,310 | ||
| d) Current tax liabilities (net) Total current liabilities |
995 62,708 |
1,461 57,657 |
||
| Total liabilitics | 93,278 | 90,451 | ||
| Total equity and liabilities | 1,65,028 | 1,57,225 | ||
| See accompanying notes to these financial results. | fi% @«i"" |
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Audited Consolidated Financial Results for the year ended 31 March 2025 and Unaudited Consolidated Financial Results for the quarter ended 31 March 2025
Consolidated Statement of cash flows:
| INR in lakhs | ||
|---|---|---|
| Particulars | 31 March 2025 | 31 March 2024 |
| (Audited) | (Audited) | |
| Operating activities: | ||
| Profit before tax after exceptional items | 5,511 | 13,563 |
| Adjustments: | ||
| Depreciation and amortisation on Property, plant and equipment and Intangible assets | 4,423 | 3,932 |
| Amortisation of Right to use Assets | 2,506 | 2,704 |
| Finance costs | 4,875 | 5,365 |
| Interest on Lease liabilities Unrealised foreign exchange differences |
679 | 718 |
| Interest income | 136 | (205) |
| Loss allowance on financial assets (net) | (115) | (209)) 115 |
| Loss/(Gain) on sale of property, plant and equipment and Intangible assets, (net) | 6 | |
| Exceptional Items | 40 | (468) |
| Write back of liabilities | = (699)] |
(6,231)) (2,986)) |
| Gain on lease modification | (31) | |
| Operating cash flow before movements in working capital | 17,331 | = 16,298 |
| Changes in operating assets and liabilities | ||
| Increase in inventories | (3,354) | (75) |
| Decrease/(Increase) in trade receivables | 1,610 | (3,216)] |
| Increase in loans | 264 | 17 |
| Increase in other financial assets | 849 | 458 |
| Decrease/(Increase) in other assets | (4,467)! | 1,990 |
| Increase/(Decrease) in trade Payable | 3826 | (3,873)] |
| Increase/(Decrease) in Provision | 24 | (88)] |
| Increase in other financial Liabilities | (158); | (533) |
| Increase/(Decrease) in other current liabilities | 172 | (551)) |
| Cash generated from operations | 16,097 | 10,427 |
| Income taxes paid, net of refund | (1,664) | (693)] |
| Net cash generated from operating activities (A) | 14,433 | 9,734 |
| Investing activities: | ||
| Purchase of property, plant and equipment and intangibles assets | (6,655)] | (7,488)) |
| Proceed from the sales of assets classified as held for sale | E | 10,710 |
| Changes in bank deposits (having original maturity of more than three months), net | (221)f | 1,245 |
| Interest income received | 173 | 151 |
| Net cash used in_investing activities (B) | (6,703) | 4,618 |
| Financing activities: | ||
| Proceeds from long term borrowings | 2,891 | 16,411 |
| Repayment of long term borrowings | (3,973)] | (27,595) |
| Repayment of short term borrowings (net) | (126) | (1,731)] |
| Payment of Lease liabilities | (3,091)] | (3,453)) |
| Interest paid | (4,863) | (5,926)] |
| Dividend paid | (475)] | (811) |
| Net cash used in financing activities (C) | (9,637) | (23,105) |
| Net decrease in cash and cash equivalents (A + B +C) | (1,907), | (8,753) |
| Cash and cash equivalents at the beginning of the year | 5,083 | 13,783 |
| Effect of exchange rate changes on cash and cash equivalent Cash and cash equivalents at the end of the year |
58 | |
| 5,083 |
Cash flows from operating activities is arrived using indirect method.
'The above represents cash flows from total operations.
DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA1973PLC002308 JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Audited Consolidated Financial Results for the year ended 31 March 2025 and Unaudited Consolidated Financial Results for the quarter ended 31 March 2025
Notes:
- 1 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 27 May 2025. The results for the year ended 31 March 2025 has been audited and the quarter ended 31 March 2025 has been reviewed by the Statutory auditors of the Company. The Statutory Auditors of the Company has expressed an unmodified opinion on the financial results for the year ended 31 March 2025 and has issued an unmodified conclusion in respect of the limited review for the quarter ended 31 March 2025.
- 2 Information on standalone financial results:
(INR in lakhs, except as otherwise stated)
| PBarticulars | 3 months ended 31 March 2025 (Refer Note 5) |
Preceding 3 months ended (Unaudited) 31 December 2024 (Unaudited) |
Corresponding 3 months ended in previous period 31 March 2024 (Unaudited) (Refer Note 5) |
Year to date figure for the current year ended 31 March 2025 (Audited) |
Previous year ended 31 March 2024 (Audited) |
|---|---|---|---|---|---|
| a. Revenue from operations | 17,321 | 15,080 | 14,551 | 63,918 | 58,186 |
| b. Profit before tax and exceptional items | 787 | 1,205 | 1,500 | 5431 | 5,498 |
| . Profit after tax | 1,018 | 1,021 | 6,379 | 5,066 | 9,449 |
3 Exceptional Items: Below is the summary of exceptional items: (INR in lakhs, except as otherwise stated)
| Pl | 3 months ended 31 March 2025 (Refer Note 5) |
Preceding 3 months ended (Unaudited) 31 December 2024 (Unaudited) |
Corresponding3 months ended in figure for the previous period 31 March 2024 (Unaudited) (Refer Note 5) |
Year to date currentyear ended 31 March 2025 (Audited) |
[Previous year ended 31 March 2024 (Audited) |
|---|---|---|---|---|---|
| a) Gains from the sale of windfarm land | - | - | 6,237 | - | 6,237 |
| (Refer note i) | |||||
| b) Gains from corporate restructuring in | - | - | - | - | 1,763 |
| German subsidiary (Refer Note ii) | |||||
| c) Impairment of goodwill (Refer Note ii), | & | e | (1,335); | " | (1,335), |
| d) Termination charges on Cross | - | - | (434), | c | (434) |
| Currency Swap | |||||
| Total | - | - | 4,468 | - | 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, Germany (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. 1,763 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 inrespect of its German operations in the quarter ended March 31, 2024.
DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA1973PLC002308 JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Audited Consolidated Financial Results for the year ended 31 March 2025 and Unaudited Consolidated Financial Results for the quarter ended 31 March 2025
Notes:
4 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 during the year.
5 The figures for the quarter ended 31 March 2025 and 31 March 2024 are the balancing figures between the audited figures in respect of the full financial year ended 31 March 2025 and 31 March 2024 and published year to date figures up to third quarter ended 31 December 2024 and 31 December 2023 respectively.
for and on behalf of Board of Directors of
Date: 27 May 2025 Place: Bangalore
- Chartered Accountants eloitte e AU el 19 46, Palace Road, High Grounds H Bengaluru - 560 001 asKins ells Karmataka, India
Tel: +91 80 6188 6000 Fax: +91 80 6188 6011
INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL STANDALONE FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF DYNAMATIC TECHNOLOGIES LIMITED
Opinion and Conclusion
We have (a) audited the Standalone Financial Results for the year ended March 31, 2025 and (b) reviewed the Standalone Financial Results for the quarter ended March 31, 2025, which were subject to limited review by us, both included in the accompanying "Statement of Standalone Financial Results for the Quarter and Year Ended March 31, 2025" of DYNAMATIC TECHNOLOGIES LIMITED (the ""Company"), (the "Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the ""LODR Regulations").
(a) oOpinion on Annual Standalone Financial Results
In our opinion and to the best of our information and according to the explanations given to us, the Standalone Financial Results for the year ended March 31, 2025:
- i. are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and
- ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the year then ended.
(b) Conclusion on Unaudited Standalone Financial Results for the quarter ended March 31, 2025
With respect to the Standalone Financial Results for the quarter ended March 31, 2025, based on our review conducted as stated in paragraph (b) of Auditor's Responsibilities section below, nothing has come to our attention that causes us to believe that the Standalone Financial Results for the quarter ended March 31, 2025, prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards 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.
Basis for Opinion on the Audited Standalone Financial Results for the year ended March 31, 2025
We conducted our audit in accordance with the Standards on Auditing ("SA"s) specified under Section 143(10) of the Companies Act, 2013 (the "Act"). Our responsibilities under those Standards are further described in paragraph (a) of Auditor's Responsibilities section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (the "ICAI") together with the ethical requirements that are relevant to our audit of the Standalone Financial Results for the year ended March 31, 2025 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.
Page 1 of 3
Regd Office :315 Floor, Tower 3, One International Center, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400013
Management's and Board of Directors' Responsibilities for the Statement
This Statement which includes the Standalone Financial Results is the responsibility of the Company's Board of Directors and has been approved by them for the issuance. The Standalone Financial Results for the year ended March 31, 2025 has been compiled from the related audited standalone financial statements. This responsibility includes the preparation and presentation of the Standalone Financial Results for the quarter and year ended March 31, 2025 that give a true and fair view of the net profit/loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Financial Results that give a true and fair view and is free from material misstatement, whether due to fraud or error.
In preparing the Standalone Financial Results, the Board of Directors is responsible for assessing the Company's ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors is also responsible for overseeing the financial reporting process of the Company.
Auditor's Responsibi es
(a) Audit of the Standalone Financial Results for the year ended March 31, 2025
Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results for the year ended March 31, 2025 as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Standalone Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- * Identify and assess the risks of material misstatement of the Annual Standalone Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- * Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.
-
* Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.
-
* Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.
- * Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
- * Evaluate the overall presentation, structure and content of the Annual Standalone Financial Results, including the disclosures, and whether the Annual Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
Materiality is the magnitude of misstatements in the Annual Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Annual Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Annual Standalone Financial Results.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
(b) Review of the Standalone Financial Results for the quarter ended March 31, 2025
We conducted our review of the Standalone Financial Results for the quarter ended March 31, 2025 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 ICAL 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 SAs specified under section 143(10) of the Act 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.
For DELOITTE HASKINS & SELLS LLP
Chartered Accountants (Firm's Registration No. 117366W/W-100018)
JJ"(QH'"
Sathya P. Koushik Partner (Membership No. 206920) UDIN: 25206920BMJHIMS8155
Bangalore, May 27, 2025
DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA1973PLC002308 JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA
Statement of Audited Standalone Financial Results for the year ended 31 March 2025 and
Unaudited Standalone Financial Results for the quarter ended 31 March 2025
| (INR in lakhs, except as otherwise stated) | ||||||
|---|---|---|---|---|---|---|
| No, | St o cutars | 3 months ended 31 March 2025 2SO (Unaudited) (Refer Noted) |
y Jm:":'::"':fl . 553 4y |
orresponding 3 fimmh:end:fin gigegy [ (Unawdited) (ReferNoted) [ |
Year to date figure for the Previous year M previous period currentyear 31 March 2024 ended 31 March March 2024 2025 (Audited) |
ended 31 (Audited) |
| 1 Income | ||||||
| 2) Revenue from operations | 17,321 | 15,080 | 14,551 | 63918 | 58,186 | |
| b) Other income | 525 | [ | 554 | 1661 | 1,830 | |
| Total income (a+b) | 17,846 | 15,009 | 15,105 | 65,579 | 60,016 | |
| 2 Expenses | ||||||
| a) Cost of raw materials and components consumed | 8,782 | 237 | 8,008 | 31,533 | 29,400 | |
| b) Changes in inventories of finished goods and work-in-progress | 521 | (495) | (1,720) | 278 | (1615) | |
| <) Employee benefits expenses | 3,137 | 2,488 | 2311 | 10,346 | 8,492 | |
| d) Finance costs | 1,081 | 1,082 | 1,425 | 4269 | 5,026 | |
| €) Depreciation and amortisation expenses. | 658 | 628 | 750 | 2,549 | 2,410 | |
| 1) Other expenses Total expenses (a+b+c+d+e+) |
2,880 | 2,730 | 2,831 | 11,173 | 10,805 | |
| 3 Profit before tax and exceptional items (1- 2) | 17,059 787 |
13,804 1,205 |
13,605 1,500 |
60,148 5,431 |
54,518 5,498 |
|
| 4 Exceptional items (Refer Note 2) | 5132 | 5132 | ||||
| 5 Profit before tax (3+4) | 787 | 1205 | 6,632 | - 5431 |
10,630 | |
| 6 Tax expense/(credit) a) Current tax |
379 | 309 | 502 | 1478 | ||
| b) Deferred tax | (610) | (125) | (249) | 1,548 (1,183) |
(297) | |
| Total tax expense (a+h) | (231) | 184 | 253 | 365 | T,181 | |
| 7 Profit after tax (5 - 6) | 1,018 | 1,021 | 6,379 | 5,066 | 9449 | |
| 8 Other comprehensive income/(loss) (OCI) | ||||||
| ) Items that will not to be reclassified subsequently to statement of profit and loss |
||||||
| a) Remeasurement gain/(loss) on defined benefitplans | (343) | 49 | (90) | (362) | (108) | |
| b) Income tax relating o items that will not be reclassified to statement of profit and loss |
86 | (12) | 2 | 91 | 27 | |
| i) lems that will be reclassified subsequently o Statement of profit and loss a) Foreign currency fluctuations under cash flow hedge - gain/(loss) |
- | - | 441 | 508 | ||
| Other comprehensive income/(loss) for the period, net of tax | (257) | 37 | 373 | (271) | 427 | |
| 9 Total comprehensive income for the period (7+8) | 761 | 1,058 | 6,752 | 4,795 | 9,876 | |
| 10 | Paid-up equity share capital (face value of INR 10/- each) | %) | 679 | 7 | 79 | 7 |
| 11 | Reserves (Other equity) | - | - | 63,685 | 59,365 | |
| Earnings per equity share | (not annualised) (not annualised) (not annualised) (annualised) (annualised) | |||||
| Basic and Diluted (INR) | 14.99 | 15.04 | 9395 | 7461 | 139.16 |
See accompanying notes to these financial results
DYNAMATIC TECHNOLOGIES LIMITED CIN: L72200KA 1973PLC002308 JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562 149, INDIA Statement of Audited Standalone Financial Results for the year ended 31 March 2025 and Unaudited Standalone Financial Results for the quarter ended 31 March 2025
Annexure | : Statement of standalone segment wise revenue, results, assets and liabilities for the quarter and year ended 31 March 2025 (INR in lakhs, except as otherwise stated)
| Y No. |
3monthsended PreSedg 31 March 2025 (Unaudited) (Refer Note 4) |
preccting R 3100 - |
Corresponding 3 uoning endedin (Unaudited) (Unaudited) ReerNoted) |
ear todate figure for the Previous year cyious period currentyear 31 March 2024 ended 31 March March 2024 2025 (Audited) |
_ ended 31 (Audited) |
|
|---|---|---|---|---|---|---|
| T Scgment revenue | ||||||
| 2) Hydraulics | 8,067 | 6,839 | 6624 | 30,773 | 29348 | |
| b) Aerospace | 8958 | 8241 | 7,925 | 32,838 | 28,829 | |
| ) Others | 296 | - | 2 | 307 | 9 | |
| Revenue from operations | 17321 | 15,080 | 14,551 | 63,918 | 58,186 | |
| 2 Segment results [profi/ (loss) before finanee costs, other income and tax from each segment] |
||||||
| a) Hydraulics | 43 | 663 | 770 | 2,998 | 4,195 | |
| b) Aerospace | 1939 | 2461 | 2618 | 8673 | 8,042 | |
| ©) Others | (74) | 215 | (222) | 31 | (735) | |
| d) Unallocated | (954) | (981 | (795). | (3,321)) | (2,808): | |
| Total | 1343 | 2,358 | 23N | 8,039 | 8,694 | |
| Unallocable | ||||||
| Finance Cost | (1,081) | (1,082) | (1,425) | (4269) | (5.026) | |
| - Other income | 525 | (7)) | 554 | 1,661 | 1,830 | |
| - Exceptional Income (Refer Note 2) | 5,132 | - | 5132 | |||
| Profit before tax | 787 | 1,205 | 6,632 | 5431 | 10,630 | |
| 3 Segment Assets | ||||||
| 2) Hydraulics | 20,568 | 20,145 | 19,480 | 20,568 | 19,480 | |
| b) Aerospace | 50,2717 | 46,662 | 47,153 | 50,277 | 47,153 | |
| ) Others | 2,945 | 2,663 | 1,708 | 2,945 | 1,708 | |
| d) Unallocated | 51,792 | 51,498 | 48,861 | 51,792 | 48.861 | |
| Total Segment asscts | 125,582 | 1,20,968 | 1,17,202 | 1,25,582 | 1,17,202 | |
| 4 Segment Liabi | ||||||
| a) Hydraulics | 13,494 | 12,657 | 11,141 | 13,494 | 11,141 | |
| b) Acrospace | 7374 | 4926 | 4,455 | 7,374 | 4,455 | |
| ) Others d) Unallocated |
261 40,089 |
832 38,954 |
756 40,806 |
261 40,089 |
756 40,806 |
|
| Total Segment Liabilitics | 61218 | 57.367 | 57,158 | 61218 | 57,158 |
See accompanying notes to the financial results.
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, DEVANAHALLIL BANGALORE - 562149, INDIA
Statement of Audited Standalone Financial Results for the year ended 31 March 2025 and Unaudited Standalone Financial Results for the quarter ended 31 March 2025
Standalone statement of assets and liabilities:
| (INR in lakhs, except as otherwise stated) | ||
|---|---|---|
| Asat) | As at] | |
| Particulars | 31 March 2025 | 31 March 2024 |
| ASSETS | (Audited) | (Audited) |
| Non-current assets | ||
| a) Property, plant and equipment | 29,705 | 30359 |
| b) Right-of-use assets | 1,991 | 1,760 |
| <) Capital work in progress | 664 | 119 |
| d) Other intangible assets | 376 | 276 |
| ¢) Intangible assets under development | 563 | 5 |
| ) Financial assets | ||
| (i) Investments | 39,706 | 37,663 |
| (ii) Loan | 5,716 | 6,859 |
| (iii) Other financial assets | 1278 | 455 |
| £) Income tax assets (net) | 223 | 226 |
| ) Other non-current assets | 399 | 273 |
| Total non-current assets | 80,621 | 77,990 |
| Current assets | ||
| a) [nventories | 14,528 | 11,919 |
| b) Financial assets | ||
| (i)Trade receivables | 17,268 | 20,688 |
| (ii) Cash and cash equivalents | 265 | 519 |
| (iif) Bank balances other than cash and cash equivalents above | 1218 | 1,058 |
| (iv) Loans | 1,567 | 88 |
| (v) Other financial assets | 1,215 | 1,225 |
| ¢) Other current assets | 8,900 | 3,715 |
| Total current assets | 44,961 | 39,212 |
| Total Assets | 1,25,582 | 1,17,202 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| a) Equity share capital | 679 | 679 |
| b) Other equity | 63,685 | 59,365 |
| [ Total cquity | 64,364 | 60,044 |
| Li: ics Non-current liabilities |
||
| a) Financial liabilities | ||
| (i) Borrowings | 15,280 | 16,423 |
| (ii) Lease liabilities | 1,400 | 1,297 |
| (iii) Other financial liabilities | 7 | E |
| b) Provisions | 2,652 | 2,168 |
| c) Deferred tax liabilities (net) | 2,180 | 3,454 |
| Total non-current liabilities | 21,519 | 23,342 |
| Current liabi s |
||
| 2) Financial liabilities | ||
| (i) Borrowings | 20,824 | 19,156 |
| (ii) Lease liabilities | 702 | 629 |
| (iii) Trade Payables | ||
| () total outstanding dues of micro enterprises and small enterprises | 1,795 | 1,198 |
| (b) total outstanding dues of creditors other than micro | 12,476 | 9,278 |
| enterprises and small enterprises (iv) Other financial liabilities |
1,806 | 1,681 |
| b) Other current liabilities | 652 | 461 |
| c) Provisions | 451 | 375 |
| d) Current income tax liabilities (net) | 993 | 1,038 |
| Total curren | 39,699 | 33,816 |
| Total Liab s |
61,218 | 57,158 |
| Total Equity and Liabilities | 1,25,582 | 1,17,202 |
| See accompanying notes to these financial results. | Qc\w |
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562149, INDIA
Statement of Audited Standalone Financial Results for the year ended 31 March 2025 and
Unaudited Standalone Financial Results for the quarter ended 31 March 2025
Standalone statement of cash flows:
| INR in lakhs | ||||
|---|---|---|---|---|
| Particulars | 31 March 2025 | 31 March 2024 | ||
| (Audited) | (Audited) | |||
| Operating activities: | ||||
| Profit before tax after exceptional items | 5,431 | 10,630 | ||
| Adjustments for: | ||||
| Depreciation and amortisation on Property, plant & equipment and intangible assets | 1,835 | 1,686 | ||
| Amortisation of Right-of-use assets | 714 | 724 | ||
| Finance costs | 3,926 | 4,630 | ||
| Interest on lease liabilities | 225 | 224 | ||
| Unrealised foreign exchange differences | (316)] | (360)) | ||
| Interest income | (866)) | (720) | ||
| Loss/(Gain) allowance on financial assets, net | (19)) | 115 | ||
| Exceptional Items (Refer Note 2) | = | (5,132) | ||
| Loss/(Gain) on sale of property, plant and equipment and intangible assets, net | 40 | (468)] | ||
| Corporate Guarantee Income | (43)] | - | ||
| Gain on lease modification | (31) | - | ||
| Operating cash flow before movements in working capital | 10,896 | 11,329 | ||
| Changes in operating assets and liabilities | ||||
| Increase in inventories | (2,609)) | (1,021)] | ||
| Decrease/(Increase) in trade receivables | 3,545 | (4,451)] | ||
| Decrease in loans | (50)) | (12)) | ||
| Decrease/(Increase) in other financial assets | (29) | 808 | ||
| Decrease/(Increase) in other assets | (5,177)] | 2,103 | ||
| Increase in trade payables | 3,770 | 178 | ||
| Increase/(Decrease) in provisions | 198 | (395)) | ||
| Increase in other financial liabilities Increase in other current liabilities |
135 | 226 234 |
||
| (Cash generated from operations | 191 10,870 |
8,999 | ||
| Income taxes paid, net of refund | (1,590) | (1,086) | ||
| Net cash from operating activities (A) | 9,280 | 7,913 | ||
| Investing activities: | ||||
| Purchase of property, plant and equipment and intangibles assets | (2,613) | (3,205) | ||
| Proceeds from the sales of assets classified as held for sale | - | 10,710 | ||
| Proceeds from the sales of other property, plant and equipment | 51 | 485 | ||
| Inter-company loan provided to subsidiary company | (65) | (6,859) | ||
| Additional investment in equity shares of subsidiary company | (1,993) | (3,500) | ||
| Changes in bank deposits (having original maturity of more than three months), net | (160) | 1,245 | ||
| Interest income received | 82 | 150 | ||
| Net cash used in investing activities (B) | (4,698) | (974). | ||
| Financing activities: | ||||
| Proceeds from long term borrowings | 2,700 | 16,411 | ||
| Repayment of long term borrowings | (3,208)) | (26,721)] | ||
| Proceeds from short term borrowings, net | 1,068 | 1467 | ||
| Payment of Lease liabilities | (964) | (1,080) | ||
| Interest paid | (3,957) | (5,191) | ||
| Dividend paid | (475) | (811)) | ||
| Net cash used in financing activities (C) | (4,836)) | (15,925) | ||
| Net increase/(decrease) in cash and cash equivalents (A + B +C) | (254) | (8,986). | ||
| Cash and cash equivalents at the beginning of the year | 519 | 9,505 | ||
| Cash and cash equivalents at the end of the year | 265 |
Cash flows from operating activities is arrived using indirect method.
The above represents cash flows from total operations.
JKM PLAZA, DYNAMATIC AEROTROPOLIS, 55, KIADB AEROSPACE PARK, BANGALORE - 562149, INDIA
Statement of Audited Standalone Financial Results for the year ended 31 March 2025 and Unaudited Standalone Financial Results for the quarter ended 31 March 2025
Notes:
I The above standalone financial results of the Company has been reviewed by the Audit Committee and has been approved by the Board of Dircctors a their meetings held on 27 May 2025. The results for the year ended 31 March 2025 has been audited and the quarter ended 31 March 2025 has been reviewed by the Statutory auditors of the Company, The Statutory Auditors of the Company has expressed an unmodified opinion on the financial results for the year ended 31 March 2025 and has issucd an unmodified conclusion in respect of the limited review for the quarter ended 31 March 2025
| 2 | Exceptional Items: Below is the summary of exceptional items: (INR in lakhs, except as otherwise stated) |
|||||
|---|---|---|---|---|---|---|
| Particulars | Smonths ended (Unaudited) (Refer Note 4) |
Preceding 31 December 2024 (Unaudited) |
Corresponding 3 31 March 2024 (Unaudited) (Refer Note 4) |
Year to date figure Previous year 31 March 2025 3 months ended months ended in [for the currentyear previous period ended 31 March 2025 (Audited) |
ended 31 March 2024 (Audited) |
|
| 2) Gains from sale of windfarm land (Refer note i) |
= | 5 | 6237 | B | 6237 | |
| b) Impaimment provision towards JKM Erla Automotive Limited (EAL) Investment (Refer Note ii) |
2 | € | ©71) | = | ©71) | |
| <) Termination charges on Cross Currency Swap |
B | B | (@34) | B | (@39) | |
| Total | E | 3 | 5,132 | 5 | 5132 |
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 assignied 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 ts investment relating to German operations during the quarter ended 31 March 2024, as part of the annual impairment assessment.
w The Board of Directors of the Company vide meeting dated 28 May 2024, had declared final dividend of INR S per equity shares (50%) for the financial year 2023-24. The same was approved by sharcholders in the Annual general meeting held on 5 September 2024 and dividendhas 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 during the year.
The figures for the quarter ended 31 March 2025 and 31 March 2024 are the balancing figures between the audited figures in respect of the full financial year ended 31 March 2025 and 31 March 2024 and published year to date figures up to third quarter ended 31 December 2024 and 31 December 2023 respectively. IS
for and on behalf of Board of Directors of
Udayant Malhoutra CEO and Managing Directo Date: 27 May 2025 Place: Bangalore