Dynamatic Technologies Limited (DYNAMATECH)

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Dynamatic Technologies Limited (DYNAMATECH) · mywealthgrid

About

Dynamatic Technologies manufactures industrial products in Industrials sector. Quarterly revenues span ₹200–430 Cr across multiple operating segments; operating margins average 11.27%.

Face value: ₹10

Market cap

₹9,354 Cr

P/E

220.5×

P/B

11.8×

Dividend yield

0.1%

ROE

4.3%

ROCE

12.3%

Debt / equity

0.67

OPM

11.3%

EPS (TTM)

₹62.5

Book value

₹1,168.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme valuation: PE of 179.3 leaves minimal room for earnings disappointment; shortfalls trigger sharp downside.
Weak capital returns: ROE of 4.29% indicates poor profitability relative to capital employed, inconsistent with valuation.
Earnings inconsistency: Quarterly EPS ranges ₹4.87–₹30.62 with net profit ₹3.31–₹20.79 Cr; verify whether segment-mix shifts or operational factors drive volatility.
Sector cyclicality: Verify exposure and order-book visibility for industrial-products demand downturns.

Generated analysis · source review pending

Growth drivers

Multiple business segments: Dual quarterly revenue/profit entries (₹200–430 Cr range) suggest diversified operations; verify which segments have stronger growth or margin potential.
Operating cash generation: Eight recent dividend declarations indicate stable cash flow; verify if retained earnings fund growth capex.
Profitability foundation: 11.27% average OPM provides sustainability baseline; verify if margin improvement achievable at higher volumes.
Market recovery expectations: 72% one-year stock return reflects investor expectations for sector growth; verify order books and demand indicators.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹13,756.0+5.3%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Low return on equity of 10.2% (3-yr avg)
−Profit declined 8.8% a year over the last 3 years
−Modest revenue growth of 7.7% a year over the last 5 years
−Expensive at 220.5× trailing earnings
−Trading at 11.8× book value

Research score

Structured signal from quality, growth, valuation and momentum.

24/100

Business quality: 24
Growth: 48
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY MICROCAP 250 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

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Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Kennametal India LimitedKENNAMETKENNAMET	₹9,411 Cr	₹9,411 Cr	₹991 Cr	₹179 Cr	18.1%	₹114 Cr	11.5%	24.5%	18.5%	170
Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH	₹9,354 Cr	₹9,883 Cr	₹1,675 Cr	₹200 Cr	11.3%	₹42 Cr	2%	12.3%	4.3%	142
Standard Engineering Technology LimitedSETLSETL	₹8,318 Cr	₹8,376 Cr	₹849 Cr	₹129 Cr	15.4%	₹89 Cr	10.7%	15.5%	10.7%	335

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	1,500	1,321	1,118	1,253	1,316	1,429	1,404	1,621
COGS	0	767	639	550	615	631	668	654	814
Gross profit	—	733	682	568	638	685	761	750	808
	0	558	493	419	469	503	602	592	625
	0	175	190	149	169	181	159	158	183
OPM %	—	11.7%	14.4%	13.3%	13.5%	13.8%	11.2%	11.3%	11.3%
Depreciation	0	49	90	78	77	70	66	69	77
Interest	0	80	83	70	59	65	63	57	58
	0	4	-3	-18	-8	10	105	23	2
Profit before tax	0	50	14	-16	25	55	136	55	50
Tax	0	23	-25	6	10	12	14	12	18
Tax %	—	45.1%	-184.1%	34.2%	38.2%	22.5%	10.2%	21.9%	35.4%
	0	27	39	-22	15	43	122	43	32
PAT margin %	—	1.8%	3%	-2%	1.2%	3.3%	8.5%	3.1%	2%
EPS (₹)	0	43.3	61.6	-34.5	24.4	67.3	179.4	63.4	47.7
EPS adjusted (₹)	0	43.3	61.6	-34.5	24.4	63	179.4	63.4	47.7
	—	4.6%	0%	—	0%	14.9%	5.6%	3.2%	21%
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	6	6	6	6	6	7	7	7	7
Reserves	308	319	—	362	375	535	661	711	787
	—	—	—	514	464	618	458	451	529
	1,105	1,060	—	546	541	508	446	482	527
Total equity & liabilities	1,419	1,385	—	1,429	1,387	1,669	1,572	1,650	1,850
	793	644	612	571	570	682	792	801	844
CWIP	8	6	—	3	15	79	10	18	7
Investments	1	0	—	0	0	0	0	0	0
	617	735	—	854	802	908	770	831	998
Total assets	1,419	1,385	—	1,429	1,387	1,669	1,572	1,650	1,850

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Aerospace	775.61	132.39	1,064.43	228.87	835.56	15.84
Hydraulics	487.38	21.46

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.8%	51.7%	50.8%	50.9%	52%	53.3%	53.4%	49.8%
EBITDA margin %	11.7%	14.4%	13.3%	13.5%	13.8%	11.2%	11.3%	11.3%
EBIT margin %	8.4%	7.5%	6.4%	7.4%	8.4%	6.5%	6.3%	6.5%
PAT margin %	1.8%	3%	-2%	1.2%	3.3%	8.5%	3.1%	2%
Working capital
Receivable days	56	—	65	61	71	76	75	72
Inventory days	134	—	149	152	173	167	194	185
Payable days	—	—	136	130	133	101	129	115
NWC days	—	—	78	83	112	142	140	142
Leverage
Current ratio	1.17	—	1.02	1.07	1.11	1.31	1.28	1.38
Debt to EBITDA	—	—	3.45	2.74	3.41	2.87	2.85	2.9
Debt to equity	—	—	1.39	1.22	1.14	0.69	0.63	0.67
Interest coverage	1.7	1.4	1.1	1.7	1.8	2.2	2	2.3
Asset turnover	1.08	—	0.78	0.9	0.79	0.91	0.85	0.88
Return ratios
Return on assets %	2%	—	-1.5%	1.1%	2.6%	7.7%	2.6%	1.8%
Return on capital employed %	17%	—	8.7%	11.8%	13.9%	14.2%	11.1%	12.3%
Return on equity %	8.5%	—	-5.9%	4.1%	7.9%	18.2%	6%	4.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	41.87%	41.87%	41.87%	41.87%	41.87%	41.87%	41.87%	41.87%	41.87%	41.87%	41.5%	41.5%
	16.67%	16.77%	16.51%	17.13%	13.95%	13.26%	13.29%	13.21%	12.23%	10.28%	10.12%	10.26%
	11.02%	11.42%	11.41%	11.22%	12.95%	13.34%	13.52%	12.86%	13.85%	15.35%	15.63%	15.86%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	30.44%	29.94%	30.21%	29.78%	31.23%	31.53%	31.32%	32.06%	32.05%	32.5%	32.75%	32.38%
No. of shareholders	—	—	—	—	—	—	—	—	19,191	23,902	26,206	25,288

Promoter holding down 0.37 percentage points since Sep 2023.

27 deals · 10 Aug 2021 – 29 Oct 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
29 Oct 2025	SAMENA SPECIAL SITUATIONS MAURITIUS III	Bulk	NSE	Sell	53,949	₹7,712.34	₹41.61 Cr
9 Oct 2025	SAMENA SPECIAL SITUATIONS MAURITIUS III	Bulk	NSE	Sell	72,000	₹6,800.65	₹48.96 Cr
9 Oct 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	34,692	₹7,499.30	₹26.02 Cr
9 Oct 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	34,692	₹7,491.38	₹25.99 Cr
22 Sept 2025	SAMENA SPECIAL SITUATIONS MAURITIUS III	Bulk	BSE	Sell	62,688	₹7,302.72	₹45.78 Cr
27 Sept 2024	MOTILAL OSWAL MUTUAL FUND	Bulk	NSE	Buy	48,000	₹8,043.30	₹38.61 Cr
4 Dec 2023	BRONZE SECURITIES PVT. LTD.	Bulk	BSE	Sell	38,133	₹4,489.57	₹17.12 Cr
4 Dec 2023	BRONZE SECURITIES PVT. LTD.	Bulk	BSE	Buy	38,133	₹4,428.64	₹16.89 Cr
6 Jun 2022	WAVELL INVESTMENT PVT LTD	Bulk	NSE	Sell	42,000	₹1,922.24	₹8.07 Cr
6 Jun 2022	CHRISTINE HODEN INDIA PVT LTD	Bulk	NSE	Buy	42,000	₹1,922.25	₹8.07 Cr

1–10 of 27

1 / 3

Mr. Pierre Antoine Jean Marie Anne De Bausset RoqueforNon-Executive - Independent Director-Chairperson
Mr. Pradyumna Rameshchandra VyasNon-Executive - Independent Director
J DevarajSenior Manager - Secretarial
Chalapathi PuramannagariChief Financial Officer
Mrs. Gaitri Issar KumarNon-Executive - Independent Director
Mr. Vivek Ram ChaudhariNon-Executive - Independent Director
Ms. Shyamala VenkatachalamNon-Executive - Independent Director
Mr. James David TuckerNon-Executive - Non Independent Director
Mr. Udayant MalhoutraExecutive Director-CEO-MD
Mr. Chalapathi PuramannagariExecutive Director
Mr. Shivaram VCompany Secretary & Compliance Officer

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 3 fund houses

Held by these funds

1.24%

of the company's equity

All mutual funds

8.31%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

7 schemes · 3 fund houses

		Shares
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	53,873	64.46	1.17%	0.792%	+1,365
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	13,209	15.81	1.16%	0.194%	-73
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	10,207	12.21	0.49%	0.15%	-224
IB25-Groww Nifty India Defence ETF	Groww Mutual Fund	3,583	4.29	1.17%	0.053%	+94
Nifty India Defence Index Fund	Axis Mutual Fund	3,377	4.04	1.17%	0.05%	+287
IB18-Groww Nifty Total Market Index Fund	Groww Mutual Fund	69	0.08	0.02%	0.001%	-0
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	12	0.01	0.02%	0%	-0

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

59 announcementsExport CSV

28 Sept 2026, 1:05 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.8%	51.7%	50.8%	50.9%	52%	53.3%	53.4%	49.8%
EBITDA margin %	11.7%	14.4%	13.3%	13.5%	13.8%	11.2%	11.3%	11.3%
EBIT margin %	8.4%	7.5%	6.4%	7.4%	8.4%	6.5%	6.3%	6.5%
PAT margin %	1.8%	3%	-2%	1.2%	3.3%	8.5%	3.1%	2%
Working capital
Receivable days	56	—	65	61	71	76	75	72
Inventory days	134	—	149	152	173	167	194	185
Payable days	—	—	136	130	133	101	129	115
NWC days	—	—	78	83	112	142	140	142
Leverage
Current ratio	1.17	—	1.02	1.07	1.11	1.31	1.28	1.38
Debt to EBITDA	—	—	3.45	2.74	3.41	2.87	2.85	2.9
Debt to equity	—	—	1.39	1.22	1.14	0.69	0.63	0.67
Interest coverage	1.7	1.4	1.1	1.7	1.8	2.2	2	2.3
Asset turnover	1.08	—	0.78	0.9	0.79	0.91	0.85	0.88
Return ratios
Return on assets %	2%	—	-1.5%	1.1%	2.6%	7.7%	2.6%	1.8%
Return on capital employed %	17%	—	8.7%	11.8%	13.9%	14.2%	11.1%	12.3%
Return on equity %	8.5%	—	-5.9%	4.1%	7.9%	18.2%	6%	4.1%

Date	Category	Subject	Filing
28 Sept 2026, 1:05 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
15 Sept 2026, 7:25 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
15 Sept 2026, 7:15 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
28 Aug 2026, 11:57 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
21 Aug 2026, 5:01 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
21 Aug 2026, 4:57 pm	Company Update General	Intimation Under Regulation 30 Of SEBI LODR	PDF
20 Aug 2026, 10:44 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
20 Aug 2026, 10:14 pm	AGM/EGM AGM	Annual General Meeting - Annual Report 2025-26	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	88	124	126	107	131	97	144	95
	-60	3	-71	9	-83	46	-67	-67
	-48	-128	-73	-137	72	-231	-96	-14
Net cash flow	-20	-2	-18	-20	120	-88	-19	14
Free cash flow	21	93	108	49	46	22	78	29
CFO / Operating profit %	—	70.6%	84.7%	63.4%	72.3%	61.1%	91.2%	52.2%

Dynamatic Technologies Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Announcements

Annual reports

Credit ratings

23

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Aerospace · revenue

Dynamatic Technologies Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Dividends23

Board meetings1

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Aerospace · revenue

23

1