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DYNAMATECH
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Recent events
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News
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Corporate Actions
Dynamatic Technologies Dec-Quarter Consol PAT 35.3 Mln Rupees
Feb 7 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
DEC-QUARTER CONSOL PAT 35.3 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.15 BILLION RUPEES
Source text: ID:nBSE4dHDdH
Further company coverage: DYNM.NS
(([email protected];;))
Feb 7 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
DEC-QUARTER CONSOL PAT 35.3 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.15 BILLION RUPEES
Source text: ID:nBSE4dHDdH
Further company coverage: DYNM.NS
(([email protected];;))
Dynamatic Technologies Sept-Quarter Consol PAT 120.3 Mln Rupees
Nov 13 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
DYNAMATIC TECHNOLOGIES SEPT-QUARTER CONSOL PAT 120.3 MILLION RUPEES
DYNAMATIC TECHNOLOGIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.61 BILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD - DIVIDEND OF 2 RUPEES PER SHR
Source text: ID:nBSE9L9nNk
Further company coverage: DYNM.NS
(([email protected];))
Nov 13 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
DYNAMATIC TECHNOLOGIES SEPT-QUARTER CONSOL PAT 120.3 MILLION RUPEES
DYNAMATIC TECHNOLOGIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.61 BILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD - DIVIDEND OF 2 RUPEES PER SHR
Source text: ID:nBSE9L9nNk
Further company coverage: DYNM.NS
(([email protected];))
Dynamatic Technologies June-Quarter Consol PAT 113.9 Million Rupees
Aug 9 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
JUNE-QUARTER CONSOL PAT 113.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.46 BILLION RUPEES
Source text for Eikon: ID:nBSEY1fwf
Further company coverage: DYNM.NS
(([email protected];))
Aug 9 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
JUNE-QUARTER CONSOL PAT 113.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.46 BILLION RUPEES
Source text for Eikon: ID:nBSEY1fwf
Further company coverage: DYNM.NS
(([email protected];))
India's Dynamatic Technologies jumps after ICICI Securities starts coverage with 'buy'
** Shares of Dynamatic Technologies DYNM.NS rise as much as 6.4% to record high of 7,934.5 rupees
** ICICI Securities initiates coverage on the airplane parts maker with "buy" rating; PT of 10,250 rupees/shr is at 37.5% premium to DYNM's last close
** Brokerage says co benefits from being the sole supplier of flap track beams for Airbus AIR.PA; expects co to have strong orderbook of 110 billion rupees ($1.32 billion) to 120 bln rupees in 10 years
** DYNM logged 7 straight quarterly gains, rising over 4 times during the period
** Stock has been above its 200-day SMA since August 2022, indicating bullish sentiment
** Trading vol is 1.5x the 30-day daily avg
** Trading vol for March qtr was highest in 10 qtrs
** Stock rose 2x in 2023, gaining for third consecutive year
($1 = 83.3580 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Dynamatic Technologies DYNM.NS rise as much as 6.4% to record high of 7,934.5 rupees
** ICICI Securities initiates coverage on the airplane parts maker with "buy" rating; PT of 10,250 rupees/shr is at 37.5% premium to DYNM's last close
** Brokerage says co benefits from being the sole supplier of flap track beams for Airbus AIR.PA; expects co to have strong orderbook of 110 billion rupees ($1.32 billion) to 120 bln rupees in 10 years
** DYNM logged 7 straight quarterly gains, rising over 4 times during the period
** Stock has been above its 200-day SMA since August 2022, indicating bullish sentiment
** Trading vol is 1.5x the 30-day daily avg
** Trading vol for March qtr was highest in 10 qtrs
** Stock rose 2x in 2023, gaining for third consecutive year
($1 = 83.3580 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Dynamatic Tech posts first gain in 4 days on Deutsche Aircraft deal
** Shares of Dynamatic Technologies DYNM.NS up 1.3%, set to snap 3-day losing run
** Airplane parts maker to make rear fuselage for Deutsche Aircraft
** DYMN's losing run included a 8.4% slide on Weds, amid broad-based profit booking in markets
** Still, stock up ~26% YTD after more than doubling in 2023
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Dynamatic Technologies DYNM.NS up 1.3%, set to snap 3-day losing run
** Airplane parts maker to make rear fuselage for Deutsche Aircraft
** DYMN's losing run included a 8.4% slide on Weds, amid broad-based profit booking in markets
** Still, stock up ~26% YTD after more than doubling in 2023
(Reporting by Kashish Tandon in Bengaluru)
Dynamatic Technologies Dec-Quarter Consol PAT Rises
Feb 13 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
DYNAMATIC TECHNOLOGIES DEC-QUARTER CONSOL PAT 112.4 MILLION RUPEES VERSUS PROFIT 70.2 MILLION RUPEES
DYNAMATIC TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.46 BILLION RUPEES VERSUS 3.13 BILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD - DIVIDEND 5 RUPEESPER SHARE
Source text for Eikon: [ID:]
Further company coverage: DYNM.NS
(([email protected];))
Feb 13 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
DYNAMATIC TECHNOLOGIES DEC-QUARTER CONSOL PAT 112.4 MILLION RUPEES VERSUS PROFIT 70.2 MILLION RUPEES
DYNAMATIC TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.46 BILLION RUPEES VERSUS 3.13 BILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD - DIVIDEND 5 RUPEESPER SHARE
Source text for Eikon: [ID:]
Further company coverage: DYNM.NS
(([email protected];))
Dynamatic Tech to make all Airbus A220 door variants in India, shares hit record high
Adds background, comments in paragraphs 3-7
By Aditi Shah
NEW DELHI, Feb 8 (Reuters) - Indian aviation parts maker Dynamatic Technologies DYNM.NS and Airbus AIR.PA on Thursday inked a deal to make all door variants for its A220 planes in India as the French planemaker looks to boost its sourcing of parts from the country.
The contract awarded to Dynamatic is the biggest one so far by Airbus for doors, Remi Maillard, President of Airbus India, said at a press conference announcing the deal.
The announcement sent Dynamatic's Mumbai-listed shares to a record high of 7,780 rupees.
The first doors would be delivered to Airbus early next year, Dynamatic CEO Udayant Malhoutra said.
Planemakers such as Airbus and Boeing BA.N have focused on upping their sourcing and procurement from India over the last few years, even as the government has for years quietly lobbied for assembling commercial jets in the country.
Maillard reaffirmed Airbus's expectation of doubling the total value of parts it sources from India to $1.5 billion in the coming years, a time when Indian carriers have ordered hundreds of planes from Airbus and its rival Boeing.
Dynamatic already makes escape hatch doors for the A220 and flap track beams, a component connected to the wing, for Airbus' range of A320 single-aisle jets and the twin-aisle A330.
The company, which also has aviation manufacturing facilities in the UK, said it intends to "work with large supplier-partners like Mahindra Aerostructure, Motherson Aerospace, Aequs, Wipro Aerospace and Ferra Aerospace".
Its peers include Tata Advanced Systems, which makes cargo and bulk cargo doors for the A320neo.
The deal marks India, the world's fastest-growing aviation market, "becoming a destination for aerospace manufacturing across the world," Indian civil aviation minister Jyotiraditya Scindia said at the press conference.
(Reporting by Aditi Shah in New Delhi, Writing by Nandan Mandayam in Bengaluru; Editing by Sherry Jacob-Phillips, Mrigank Dhaniwala and Janane Venkatraman)
(([email protected]; Mobile: +91 9591011727;))
Adds background, comments in paragraphs 3-7
By Aditi Shah
NEW DELHI, Feb 8 (Reuters) - Indian aviation parts maker Dynamatic Technologies DYNM.NS and Airbus AIR.PA on Thursday inked a deal to make all door variants for its A220 planes in India as the French planemaker looks to boost its sourcing of parts from the country.
The contract awarded to Dynamatic is the biggest one so far by Airbus for doors, Remi Maillard, President of Airbus India, said at a press conference announcing the deal.
The announcement sent Dynamatic's Mumbai-listed shares to a record high of 7,780 rupees.
The first doors would be delivered to Airbus early next year, Dynamatic CEO Udayant Malhoutra said.
Planemakers such as Airbus and Boeing BA.N have focused on upping their sourcing and procurement from India over the last few years, even as the government has for years quietly lobbied for assembling commercial jets in the country.
Maillard reaffirmed Airbus's expectation of doubling the total value of parts it sources from India to $1.5 billion in the coming years, a time when Indian carriers have ordered hundreds of planes from Airbus and its rival Boeing.
Dynamatic already makes escape hatch doors for the A220 and flap track beams, a component connected to the wing, for Airbus' range of A320 single-aisle jets and the twin-aisle A330.
The company, which also has aviation manufacturing facilities in the UK, said it intends to "work with large supplier-partners like Mahindra Aerostructure, Motherson Aerospace, Aequs, Wipro Aerospace and Ferra Aerospace".
Its peers include Tata Advanced Systems, which makes cargo and bulk cargo doors for the A320neo.
The deal marks India, the world's fastest-growing aviation market, "becoming a destination for aerospace manufacturing across the world," Indian civil aviation minister Jyotiraditya Scindia said at the press conference.
(Reporting by Aditi Shah in New Delhi, Writing by Nandan Mandayam in Bengaluru; Editing by Sherry Jacob-Phillips, Mrigank Dhaniwala and Janane Venkatraman)
(([email protected]; Mobile: +91 9591011727;))
India's Dynamatic Technologies hits record high on signing aviation contract
** Shares of Dynamatic Technologies DYNM.NS up 12%, hitting a record high to 5,860 rupees
** Aerospace products maker said it signed has a long-term contract with Dassault Aviation AM.PA
** Contract for manufacturing and assembly of flight-critical aero structures for the Falcon 6X jet
** Stock above 200- day moving avg since Aug. 23, 2022
** DYNM on track for a sixth consecutive week of gains, if trends hold
** Stock rose 110.5% in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Dynamatic Technologies DYNM.NS up 12%, hitting a record high to 5,860 rupees
** Aerospace products maker said it signed has a long-term contract with Dassault Aviation AM.PA
** Contract for manufacturing and assembly of flight-critical aero structures for the Falcon 6X jet
** Stock above 200- day moving avg since Aug. 23, 2022
** DYNM on track for a sixth consecutive week of gains, if trends hold
** Stock rose 110.5% in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
India's Dynamatic Technologies up after delivery of key product to Airbus
** Shares of Dynamatic Technologies DYNM.NS up 3%
** Aerospace products maker completed first delivery of Airbus A220 escape hatch door assembly made in its facilities to Airbus Atlantic
** Stock above 100- and 200- day moving averages on Tuesday
** Stock up 70% YTD
(Reporting by Aleef Jahan)
** Shares of Dynamatic Technologies DYNM.NS up 3%
** Aerospace products maker completed first delivery of Airbus A220 escape hatch door assembly made in its facilities to Airbus Atlantic
** Stock above 100- and 200- day moving averages on Tuesday
** Stock up 70% YTD
(Reporting by Aleef Jahan)
Dynamatic Technologies Says Unit, Eisenwerk Erla GmbH Had Applied For Protective Shield Process Under German Laws
June 30 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
UNIT, EISENWERK ERLA GMBH (EEL) HAD APPLIED FOR "PROTECTIVE SHIELD PROCESS" UNDER GERMAN LAWS
DATE FOR SUCCESSFUL CLOSURE OF PROCEEDINGS HAS BEEN ANNOUNCED BY A GERMAN COURT FOR 31 JULY 2023
CO IS ALSO IMPLEMENTING ITS TRANSITION PLAN TO BUILD UP A FURTHER LINE OF BUSINESS
PLAN FOR MANUFACTURE OF COMPONENTS FOR AIRCRAFT APPLICATIONS AT EEL SITE IN ADDITION TO EXISTING PRODUCTION
Source text for Eikon: ID:nBSE8fV7Pd
Further company coverage: DYNM.NS
(([email protected];))
June 30 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
UNIT, EISENWERK ERLA GMBH (EEL) HAD APPLIED FOR "PROTECTIVE SHIELD PROCESS" UNDER GERMAN LAWS
DATE FOR SUCCESSFUL CLOSURE OF PROCEEDINGS HAS BEEN ANNOUNCED BY A GERMAN COURT FOR 31 JULY 2023
CO IS ALSO IMPLEMENTING ITS TRANSITION PLAN TO BUILD UP A FURTHER LINE OF BUSINESS
PLAN FOR MANUFACTURE OF COMPONENTS FOR AIRCRAFT APPLICATIONS AT EEL SITE IN ADDITION TO EXISTING PRODUCTION
Source text for Eikon: ID:nBSE8fV7Pd
Further company coverage: DYNM.NS
(([email protected];))
India's Dynamatic Technologies March-Qtr Consol Profit Rises
May 29 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
INDIA'S DYNAMATIC TECHNOLOGIES LTD MARCH-QUARTER CONSOL PROFIT 175.6 MILLION RUPEES VERSUS PROFIT 150.2 MILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.68 BILLION RUPEES VERSUS 3.21 BILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD - FINAL DIVIDEND 7 RUPEES PER SHARE
Source text for Eikon: ID:nBSE6KqLr1
Further company coverage: DYNM.NS
(([email protected];))
May 29 (Reuters) - Dynamatic Technologies Ltd DYNM.NS:
INDIA'S DYNAMATIC TECHNOLOGIES LTD MARCH-QUARTER CONSOL PROFIT 175.6 MILLION RUPEES VERSUS PROFIT 150.2 MILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.68 BILLION RUPEES VERSUS 3.21 BILLION RUPEES
DYNAMATIC TECHNOLOGIES LTD - FINAL DIVIDEND 7 RUPEES PER SHARE
Source text for Eikon: ID:nBSE6KqLr1
Further company coverage: DYNM.NS
(([email protected];))
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What does Dynamatic Tech do?
Dynamatic Technologies specializes in designing and building highly engineered products for Automotive, Aeronautic, Hydraulic, and Security applications worldwide, meeting customer requirements on 6 continents.
Who are the competitors of Dynamatic Tech?
Dynamatic Tech major competitors are Yuken India, Veljan Denison, Triton Valves, KSB, Kirloskar Brothers, WPIL, Roto Pumps. Market Cap of Dynamatic Tech is ₹4,391 Crs. While the median market cap of its peers are ₹1,471 Crs.
Is Dynamatic Tech financially stable compared to its competitors?
Dynamatic Tech seems to be less financially stable compared to its competitors. Altman Z score of Dynamatic Tech is 4.65 and is ranked 6 out of its 8 competitors.
Does Dynamatic Tech pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Dynamatic Tech latest dividend payout ratio is 5.57% and 3yr average dividend payout ratio is 10.72%
How has Dynamatic Tech allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory, Accounts Receivable, Short Term Loans & Advances
How strong is Dynamatic Tech balance sheet?
Balance sheet of Dynamatic Tech is strong. But short term working capital might become an issue for this company.
Is the profitablity of Dynamatic Tech improving?
The profit is oscillating. The profit of Dynamatic Tech is ₹84.06 Crs for TTM, ₹122 Crs for Mar 2024 and ₹42.79 Crs for Mar 2023.
Is the debt of Dynamatic Tech increasing or decreasing?
Yes, The debt of Dynamatic Tech is increasing. Latest debt of Dynamatic Tech is ₹379 Crs as of Sep-24. This is greater than Mar-24 when it was ₹336 Crs.
Is Dynamatic Tech stock expensive?
Dynamatic Tech is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Dynamatic Tech is 52.24, while 3 year average PE is 56.71. Also latest EV/EBITDA of Dynamatic Tech is 29.22 while 3yr average is 17.97.
Has the share price of Dynamatic Tech grown faster than its competition?
Dynamatic Tech has given lower returns compared to its competitors. Dynamatic Tech has grown at ~7.8% over the last 10yrs while peers have grown at a median rate of 15.13%
Is the promoter bullish about Dynamatic Tech?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Dynamatic Tech is 41.87% and last quarter promoter holding is 41.87%.
Are mutual funds buying/selling Dynamatic Tech?
The mutual fund holding of Dynamatic Tech is increasing. The current mutual fund holding in Dynamatic Tech is 6.61% while previous quarter holding is 6.55%.