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Dynamatic Technologies

NSEI:DYNAMATECH
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DYNAMATECH
NSEI
₹10B
Market Cap
  1. Home
  2. IN
  3. Automobiles
Company description

Dynamatic Technologies Limited designs and builds engineered products for automotive, aeronautic, hydraulic, and security applications in India and internationally. The last earnings update was 70 days ago. More info.


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DYNAMATECH Share Price and Events
7 Day Returns
-2.2%
NSEI:DYNAMATECH
1.6%
IN Auto Components
0.8%
IN Market
1 Year Returns
-24%
NSEI:DYNAMATECH
-22.5%
IN Auto Components
-0.7%
IN Market
DYNAMATECH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dynamatic Technologies (DYNAMATECH) -2.2% -2.4% 0.3% -24% -34.4% 77.3%
IN Auto Components 1.6% 1.8% -2% -22.5% 33.5% 139.6%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • DYNAMATECH underperformed the Auto Components industry which returned -22.5% over the past year.
  • DYNAMATECH underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
DYNAMATECH
Industry
5yr Volatility vs Market
Related Companies

DYNAMATECH Value

 Is Dynamatic Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dynamatic Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dynamatic Technologies.

NSEI:DYNAMATECH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 19.9%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:DYNAMATECH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.16
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.159 (1 + (1- 35%) (65.42%))
1.437
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.44
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.437 * 8.6%)
19.9%

Discounted Cash Flow Calculation for NSEI:DYNAMATECH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dynamatic Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:DYNAMATECH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 19.9%)
2019 1,116.00 Analyst x1 930.74
2020 901.00 Analyst x1 626.70
2021 1,095.00 Analyst x1 635.20
2022 1,155.65 Est @ 5.54% 559.10
2023 1,226.63 Est @ 6.14% 494.93
2024 1,307.15 Est @ 6.56% 439.87
2025 1,396.82 Est @ 6.86% 392.02
2026 1,495.54 Est @ 7.07% 350.05
2027 1,603.39 Est @ 7.21% 312.99
2028 1,720.65 Est @ 7.31% 280.13
Present value of next 10 years cash flows ₹5,021.73
NSEI:DYNAMATECH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹1,720.65 × (1 + 7.55%) ÷ (19.9% – 7.55%)
₹14,979.47
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹14,979.47 ÷ (1 + 19.9%)10
₹2,438.71
NSEI:DYNAMATECH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹5,021.73 + ₹2,438.71
₹7,460.44
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹7,460.44 / 6.34
₹1176.46
NSEI:DYNAMATECH Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:DYNAMATECH represents 0.96526x of BSE:505242
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.96526x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 1,176.46 x 0.96526
₹1,135.59
Value per share (INR) From above. ₹1,135.59
Current discount Discount to share price of ₹1,476.85
= -1 x (₹1,476.85 - ₹1,135.59) / ₹1,135.59
-30.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Dynamatic Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dynamatic Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dynamatic Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:DYNAMATECH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹35.76
BSE:505242 Share Price ** BSE (2019-04-22) in INR ₹1530
India Auto Components Industry PE Ratio Median Figure of 100 Publicly-Listed Auto Components Companies 16.01x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dynamatic Technologies.

NSEI:DYNAMATECH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:505242 Share Price ÷ EPS (both in INR)

= 1530 ÷ 35.76

42.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynamatic Technologies is overvalued based on earnings compared to the IN Auto Components industry average.
  • Dynamatic Technologies is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Dynamatic Technologies's expected growth come at a high price?
Raw Data
NSEI:DYNAMATECH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 42.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
61.5%per year
India Auto Components Industry PEG Ratio Median Figure of 36 Publicly-Listed Auto Components Companies 1.3x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

NSEI:DYNAMATECH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 42.79x ÷ 61.5%

0.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynamatic Technologies is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Dynamatic Technologies's assets?
Raw Data
NSEI:DYNAMATECH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹528.54
BSE:505242 Share Price * BSE (2019-04-22) in INR ₹1530
India Auto Components Industry PB Ratio Median Figure of 111 Publicly-Listed Auto Components Companies 2.09x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:DYNAMATECH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:505242 Share Price ÷ Book Value per Share (both in INR)

= 1530 ÷ 528.54

2.89x

* Primary Listing of Dynamatic Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynamatic Technologies is overvalued based on assets compared to the IN Auto Components industry average.
X
Value checks
We assess Dynamatic Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Dynamatic Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DYNAMATECH Future Performance

 How is Dynamatic Technologies expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
61.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dynamatic Technologies expected to grow at an attractive rate?
  • Dynamatic Technologies's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Dynamatic Technologies's earnings growth is expected to exceed the India market average.
  • Dynamatic Technologies's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:DYNAMATECH Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:DYNAMATECH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 61.5%
NSEI:DYNAMATECH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 9.4%
India Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 16.3%
India Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 11%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:DYNAMATECH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:DYNAMATECH Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 19,311 1,745 1,010 1
2020-03-31 17,321 1,551 752 1
2019-03-31 15,978 1,766 322 1
NSEI:DYNAMATECH Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 15,661 227
2018-09-30 15,298 190
2018-06-30 14,829 144
2018-03-31 13,997 880 7
2017-12-31 13,819 -190
2017-09-30 13,792 -164
2017-06-30 14,184 -77
2017-03-31 15,061 1,176 196
2016-12-31 15,053 413
2016-09-30 15,182 426
2016-06-30 15,061 348
2016-03-31 14,840 425 123

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dynamatic Technologies's earnings are expected to grow significantly at over 20% yearly.
  • Dynamatic Technologies's revenue is expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:DYNAMATECH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Dynamatic Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DYNAMATECH Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 159.30 159.30 159.30 1.00
2020-03-31 118.60 118.60 118.60 1.00
2019-03-31 50.70 50.70 50.70 1.00
NSEI:DYNAMATECH Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 35.76
2018-09-30 29.93
2018-06-30 22.74
2018-03-31 1.14
2017-12-31 -29.97
2017-09-30 -25.85
2017-06-30 -12.11
2017-03-31 30.94
2016-12-31 65.06
2016-09-30 67.10
2016-06-30 54.91
2016-03-31 19.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Dynamatic Technologies is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Dynamatic Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dynamatic Technologies has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DYNAMATECH Past Performance

  How has Dynamatic Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dynamatic Technologies's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dynamatic Technologies's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Dynamatic Technologies has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Dynamatic Technologies has become profitable in the last year making it difficult to compare the IN Auto Components industry average.
Earnings and Revenue History
Dynamatic Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dynamatic Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DYNAMATECH Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 15,660.80 226.80 3,056.10
2018-09-30 15,298.30 189.80 3,017.50
2018-06-30 14,828.90 144.20 2,959.70
2018-03-31 13,997.00 7.20 2,879.50
2017-12-31 13,819.00 -190.10 2,743.10
2017-09-30 13,791.90 -163.90 2,674.50
2017-06-30 14,184.00 -76.80 2,632.00
2017-03-31 15,061.00 196.20 2,615.60
2016-12-31 15,053.11 412.71 2,524.65
2016-09-30 15,182.13 425.52 2,494.18
2016-06-30 15,061.50 348.20 2,477.96
2016-03-31 14,839.80 122.80 2,475.80
2015-12-31 14,831.32 -18.90 3,017.94
2015-09-30 15,023.27 -37.75 3,056.13
2015-06-30 15,623.30 299.56 3,125.32
2015-03-31 16,152.40 286.50 2,615.00
2014-12-31 16,563.11 368.16 3,094.44
2014-09-30 16,733.41 401.65 3,078.08
2014-06-30 16,447.57 131.54 3,016.63
2014-03-31 15,739.70 137.70 2,914.00
2013-12-31 15,288.64 -211.96 2,802.98
2013-09-30 14,621.37 -232.95 2,716.67
2013-06-30 14,130.17 -256.14 2,513.75
2013-03-31 14,386.00 -119.10 2,611.00
2012-12-31 14,648.70 200.73 3,003.63
2012-09-30 14,944.09 219.74 2,992.71
2012-06-30 15,198.73 240.63 2,284.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Dynamatic Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dynamatic Technologies used its assets less efficiently than the IN Auto Components industry average last year based on Return on Assets.
  • Dynamatic Technologies has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dynamatic Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dynamatic Technologies has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DYNAMATECH Health

 How is Dynamatic Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dynamatic Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dynamatic Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dynamatic Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dynamatic Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dynamatic Technologies Company Filings, last reported 3 months ago.

NSEI:DYNAMATECH Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,351.70 6,347.80 402.70
2018-09-30 3,351.70 6,347.80 402.70
2018-06-30 3,138.40 7,101.70 398.80
2018-03-31 3,138.40 7,101.70 398.80
2017-12-31 3,349.60 6,573.00 420.00
2017-09-30 3,349.60 6,573.00 420.00
2017-06-30 2,464.10 6,650.90 826.20
2017-03-31 2,987.90 6,803.90 619.10
2016-12-31 2,651.10 5,772.70 293.20
2016-09-30 2,651.10 5,772.70 293.20
2016-06-30 2,576.00 5,958.00 626.70
2016-03-31 2,576.00 5,958.00 676.70
2015-12-31 2,460.10 4,932.60 431.60
2015-09-30 2,460.10 4,932.60 431.60
2015-06-30 2,520.10 5,170.20 761.30
2015-03-31 2,520.10 5,170.20 761.30
2014-12-31 2,220.40 4,269.90 557.00
2014-09-30 2,220.40 4,269.90 557.00
2014-06-30 1,557.90 5,928.30 441.00
2014-03-31 1,557.90 5,928.30 441.00
2013-12-31 1,367.30 5,057.30 544.60
2013-09-30 1,367.30 5,057.30 544.60
2013-06-30 1,665.90 6,685.40 573.40
2013-03-31 1,665.90 6,685.40 573.40
2012-12-31 1,706.90 6,035.10 554.10
2012-09-30 1,706.90 6,035.10 554.10
2012-06-30 1,729.10 6,411.80 192.10
  • Dynamatic Technologies's level of debt (189.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (370% vs 189.4% today).
  • Debt is not well covered by operating cash flow (13.9%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Dynamatic Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dynamatic Technologies has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DYNAMATECH Dividends

 What is Dynamatic Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.26%
Current annual income from Dynamatic Technologies dividends.
If you bought ₹2,000 of Dynamatic Technologies shares you are expected to receive ₹5 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Dynamatic Technologies's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Dynamatic Technologies's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:DYNAMATECH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 77 Stocks 0.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:DYNAMATECH Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31
2020-03-31
2019-03-31
NSEI:DYNAMATECH Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-02-11 4.000 0.271
2018-11-14 4.000 0.269
2018-08-10 4.000 0.256
2014-05-28 0.000 0.000
2014-02-07 0.000 0.000
2013-11-08 0.000 0.000
2013-09-04 0.000 0.000
2012-10-12 8.000 1.123
2011-07-25 10.000 1.207
2011-05-30 10.000 0.690
2010-08-02 7.500 0.645
2009-06-01 4.000 0.396
2009-04-23 7.500 1.189

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Dynamatic Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dynamatic Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Dynamatic Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dynamatic Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dynamatic Technologies has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DYNAMATECH Management

 What is the CEO of Dynamatic Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Udayant Malhoutra
COMPENSATION ₹8,408,412
AGE 52
TENURE AS CEO 30.3 years
CEO Bio

Mr. Udayant Malhoutra has been the Chief Executive Officer and Managing Director of Dynamatic Technologies Limited since July 22, 2006. Mr. Malhoutra is responsible for overall Corporate Strategy, Brand Equity, Maintenance of Key Relationships, Technology Management and achieving the Annual Business Plan of Dynamatic Technologies and its Subsidiaries. He is responsible for leading Dynamatic Senior management in transforming Dynamatic Technologies into a world class design and manufacturing organization. He has been an Executive Director of Dynamatic Technologies Limited since 1989. He was a Member of the Board of Governors of IIT Kanpur from 1997 to 2001, Chairman of CII National Council from 2001 to 2002, President of Fluid Power Society of India from 2004 to 2006. Mr. Malhoutra is an industrialist.

CEO Compensation
  • Udayant's compensation has increased in line with Dynamatic Technologies recently becoming profitable.
  • Udayant's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Dynamatic Technologies management team in years:

1.5
Average Tenure
59.5
Average Age
  • The average tenure for the Dynamatic Technologies management team is less than 2 years, this suggests a new team.
Management Team

Udayant Malhoutra

TITLE
CEO, MD & Executive Director
COMPENSATION
₹8M
AGE
52
TENURE
30.3 yrs

Chalapathi Puramannagari

TITLE
Chief Financial Officer
COMPENSATION
₹11M
TENURE
1.3 yrs

P. Ramesh

TITLE
Executive Director of Technical & Human Resources
COMPENSATION
₹8M
AGE
59

Arvind Mishra

TITLE
Global COO of Hydraulics
COMPENSATION
₹7M
TENURE
1.7 yrs

James Tucker

TITLE
Non- Executive & Non-Independent Director and MD of Aerospace Division - Dynamatic Ltd UK

Dietmar Hahn

TITLE
Non-Executive & Non-Independent Director and MD of Eisenwerk Erla GMBH
AGE
60

Nitin Ajage

TITLE
General Manager of Corporate Accounting

S. Chandrashekar

TITLE
Compliance Officer
TENURE
0.3 yrs

S. Singh

TITLE
Head of Group Human Resources

G. Reddy

TITLE
Chairman of Skills Development Initiative
AGE
73
Board of Directors Tenure

Average tenure and age of the Dynamatic Technologies board of directors in years:

4.4
Average Tenure
59
Average Age
  • The tenure for the Dynamatic Technologies board of directors is about average.
Board of Directors

Govind Mirchandani

TITLE
Chairman of the Board & Lead Independent Director
COMPENSATION
₹1M
AGE
67

Udayant Malhoutra

TITLE
CEO, MD & Executive Director
COMPENSATION
₹8M
AGE
52
TENURE
33.3 yrs

P. Ramesh

TITLE
Executive Director of Technical & Human Resources
COMPENSATION
₹8M
AGE
59
TENURE
4.4 yrs

Arvind Mishra

TITLE
Global COO of Hydraulics
COMPENSATION
₹7M
TENURE
1.7 yrs

James Tucker

TITLE
Non- Executive & Non-Independent Director and MD of Aerospace Division - Dynamatic Ltd UK
TENURE
4.2 yrs

Dietmar Hahn

TITLE
Non-Executive & Non-Independent Director and MD of Eisenwerk Erla GMBH
AGE
60
TENURE
6.4 yrs

Nalini Mohanty

TITLE
Independent Director
COMPENSATION
₹1M
AGE
74
TENURE
5.6 yrs

Malavika Jayaram

TITLE
Independent Director
COMPENSATION
₹100K
AGE
47
TENURE
10.8 yrs

Pierre de Bausset

TITLE
Additional Director
AGE
57
TENURE
0.2 yrs

Pradyumna Vyas

TITLE
Additional Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • Dynamatic Technologies insiders have sold more shares than they have bought in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
03. Apr 19 Buy Suresh Naidu Individual 27. Mar 19 28. Mar 19 850 ₹7.72 ₹3,080
29. Mar 19 Sell Udayant Malhoutra Individual 27. Mar 19 28. Mar 19 -90,000 ₹0.08 ₹-3,062
X
Management checks
We assess Dynamatic Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dynamatic Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DYNAMATECH News

Simply Wall St News

If You Had Bought Dynamatic Technologies (NSE:DYNAMATECH) Stock Five Years Ago, You Could Pocket A 86% Gain Today

For example, the Dynamatic Technologies Limited (NSE:DYNAMATECH) share price is up 86% in the last five years, slightly above the market return. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During the five years of share price growth, Dynamatic Technologies moved from a loss to profitability.

Simply Wall St -

Should Dynamatic Technologies Limited (NSE:DYNAMATECH) Focus On Improving This Fundamental Metric?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.068 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Can We See Significant Insider Ownership On The Dynamatic Technologies Limited (NSE:DYNAMATECH) Share Register?

The big shareholder groups in Dynamatic Technologies Limited (NSE:DYNAMATECH) have power over the company. … With a market capitalization of ₹9.4b, Dynamatic Technologies is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Dynamatic Technologies

Simply Wall St -

Is Dynamatic Technologies Limited's (NSE:DYNAMATECH) CEO Overpaid Relative To Its Peers?

How Does Udayant Malhoutra's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Dynamatic Technologies Limited has a market cap of ₹9.8b, and is paying total annual CEO compensation of ₹8.4m. … We examined a group of similar sized companies, with market capitalizations of below ₹14b

Simply Wall St -

What Should Investors Know About Dynamatic Technologies Limited's (NSE:DYNAMATECH) Capital Returns?

and want to better understand how you can grow your money by investing in Dynamatic Technologies Limited (NSE:DYNAMATECH). … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Thus, to understand how your money can grow by investing in Dynamatic Technologies, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Should You Be Tempted To Sell Dynamatic Technologies Limited (NSE:DYNAMATECH) At Its Current PE Ratio?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Dynamatic Technologies Limited (NSE:DYNAMATECH) is currently trading at a trailing P/E of 61.6, which is higher than the industry average of 18.7. … Check out our latest analysis for Dynamatic Technologies

Simply Wall St -

Dynamatic Technologies Limited (NSE:DYNAMATECH): Did It Outperform The Industry?

For long term investors, improvement in profitability and outperformance against the industry can be important characteristics in a stock. … In this article, I will take a look at Dynamatic Technologies Limited's (NSE:DYNAMATECH) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … Despite a decline, did DYNAMATECH underperform the long-term trend and the industry.

Simply Wall St -

Is It The Right Time To Buy Dynamatic Technologies Limited (NSE:DYNAMATECH)?

received a lot of attention from a substantial price movement on the NSEI over the last few months, increasing to ₹1944.25 at one point, and dropping to the lows of ₹1630.75. … A question to answer is whether Dynamatic Technologies's current trading price of ₹1630.75 reflective of the actual value of the? … Let’s take a look at Dynamatic Technologies’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

How Does Investing In Dynamatic Technologies Limited (NSE:DYNAMATECH) Impact Your Portfolio?

View our latest analysis for Dynamatic Technologies An interpretation of DYNAMATECH's beta Dynamatic Technologies's beta of 0.42 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, DYNAMATECH appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what DYNAMATECH’s actual beta value suggests, which is lower stock volatility relative to the market.

Simply Wall St -

What You Must Know About Dynamatic Technologies Limited's (NSE:DYNAMATECH) Financial Strength

DYNAMATECH has built up its total debt levels in the last twelve months, from ₹5.96B to ₹6.65B , which is made up of current and long term debt. … Moreover, DYNAMATECH has produced cash from operations of ₹1.25B during the same period of time, leading to an operating cash to total debt ratio of 18.73%, meaning that DYNAMATECH’s current level of operating cash is not high enough to cover debt. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: DYNAMATECH’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

DYNAMATECH Company Info

Description

Dynamatic Technologies Limited designs and builds engineered products for automotive, aeronautic, hydraulic, and security applications in India and internationally. The company operates through three segments: Hydraulics, Automotive and Aluminum Castings, and Aerospace and Defense. The Hydraulics segment offers hydraulic gear pumps, motors, hand pumps, hitch control valves, rock shaft assemblies, lube and water pumps, power packs, and related products. The Automotive and Aluminium Castings segment supplies engine, transmission, turbocharger, and chassis parts to OEMs. It also manufactures high precision metallurgical ferrous castings for automobile engines and turbochargers; and case fronts, intake manifolds, and exhaust manifolds. This segment also generates power through wind energy. The Aerospace and Defense segment offers control surfaces, such as wing, ailerons and wing flaps, and fuselages; other airframe structures, such as flap track beams; and precision aerospace components. The company was formerly known as Dynamatic Hydraulics Limited and changed its name to Dynamatic Technologies Limited in 1992. Dynamatic Technologies Limited was incorporated in 1973 and is based in Bengaluru, India.

Details
Name: Dynamatic Technologies Limited
DYNAMATECH
Exchange: NSEI
Founded: 1973
₹9,702,407,790
6,341,443
Website: http://www.dynamatics.com
Address: Dynamatic Technologies Limited
Dynamatic Park,
Peenya Industrial Area,
Bengaluru,
Karnataka, 560058,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 505242 Equity Shares Mumbai Stock Exchange IN INR 16. Jun 1995
NSEI DYNAMATECH Equity Shares National Stock Exchange of India IN INR 16. Jun 1995
Number of employees
Current staff
Staff numbers
0
Dynamatic Technologies employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 12:49
End of day share price update: 2019/04/22 00:00
Last estimates confirmation: 2019/01/09
Last earnings filing: 2019/02/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.