Dynamatic Technologies Limited (DYNAMATECH) AI Stock Analysis

• Market Cap: ₹69.91B
• Dividend Yield: 0.07%
• Average Volume (3M): 5.25K
• Price to Earnings (P/E): 194.5
• Beta (1Y): 1.25
• Revenue Growth: 2.51%
• EPS Growth: -63.28%
• Country: IN
• Employees: 747
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 8.50
• Shares Outstanding: 6,791,443
• 10 Day Avg. Volume: 7,738
• 30 Day Avg. Volume: 5,252
• PEG Ratio: -1.55
• Price to Book (P/B): 6.02
• Price to Sales (P/S): 3.08
• P/FCF Ratio: 55.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 77.9
• Revenue Forecast (FY): ₹15.55B

• Rating: 64 Neutral
• Price Target: ₹11,010.00 ▲(15.86% Upside)
• Action: Reiterated Date: 11/11/25
• Date: Action: Reiterated 11/11/25

Dynamatic Technologies Limited's stock score is primarily influenced by its stable financial performance and strong technical indicators, despite high leverage and overbought conditions. The high P/E ratio suggests potential overvaluation, which is a significant risk factor.

Positive Factors

Strong operating cash generation

A robust operating cash flow to net income ratio indicates the core manufacturing operations consistently convert profit into cash. This durable cash generation supports working capital, funds necessary capex for precision tooling, services debt and provides flexibility during multiyear program cycles.

Healthy gross margins and operating efficiency

Sustained gross profit margins and decent operating margins reflect effective cost control in precision manufacturing. Over the medium term this margin resilience helps absorb cyclical volume swings, supports reinvestment in quality/certifications, and preserves operating cash flows across business cycles.

Diversified precision manufacturing across aerospace, auto, hydraulics

Serving aerospace, automotive and hydraulics gives structural diversification across distinct demand cycles. Long qualification processes and OEM approvals create high entry barriers and recurring program revenue, improving revenue visibility and providing durable customer relationships over multiyear program lifecycles.

Negative Factors

High leverage on balance sheet

A high debt-to-equity ratio raises financial risk and reduces strategic flexibility. Over the medium term this leverage amplifies earnings sensitivity to demand slowdowns and interest-rate moves, constrains capital allocation for new programs, and increases pressure to prioritise debt servicing over growth investments.

Inconsistent revenue growth and weak EPS trend

Erratic top-line trends and a steep negative EPS growth rate indicate volatility in program volumes or margin conversion. This undermines predictable free cash flow and limits the company's ability to plan long-term investments, increasing execution risk for qualifying new aerospace or automotive programs.

Fluctuating free cash flow and capex control

Variable free cash flow and uneven capex control weaken the company’s capacity to deleverage or fund large tooling/capacity investments internally. Over several quarters this can force external financing, raise financing costs, or delay strategic projects that are critical for securing long-term OEM contracts.

Dynamatic Technologies Limited Business Overview & Revenue Model

Company Description

Dynamatic Technologies Limited manufactures and sells engineered products to the aerospace, automotive, and hydraulic industries in India, the United States, Canada, the United Kingdom, rest of Europe, and internationally. The company offers hydraulic gear pumps, torque motors, hand pumps, hitch control valves, rock shaft assemblies, lube and water pumps, mobile control valves, orbitrols, and hydraulic solutions. It also provides control surfaces, such as wing, ailerons and wing flaps, and fuselages; other airframe structures, including flap track beams; and high precision airframe and aerospace components. In addition, the company offers cutting edge security products and technologies, such as unmanned aerial vehicles, mobile surveillance vehicles, and integrated border management solutions. Further, it designs, manufactures, and supplies metallurgical ferrous castings for engine, brakes, transmission, and chassis applications; and operates laboratory. 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.

How the Company Makes Money

Dynamatic Technologies generates revenue through multiple streams, primarily from the sale of its hydraulic products, aerospace components, and automation systems. The company engages in long-term contracts and projects with key clients in various industries, which provide a stable source of income. Additionally, DYNAMATECH benefits from partnerships with leading global corporations in the aerospace and automotive sectors, allowing it to tap into larger markets and enhance its product offerings. The company also invests in research and development to innovate and expand its product line, which further drives revenue growth. Overall, DYNAMATECH's diverse range of products and strategic collaborations play a significant role in its financial performance.

Dynamatic Technologies Limited Financial Statement Overview

Summary

Dynamatic Technologies Limited shows stable financial performance with efficient cost management and strong cash flow generation. However, high leverage and inconsistent revenue growth pose potential risks. Improving net profit margins and reducing debt levels could enhance financial robustness.

Income Statement

Dynamatic Technologies Limited has shown a mixed performance in its income statement. The gross profit margin is healthy, indicating efficient cost management. However, the net profit margin is relatively low, highlighting potential challenges in controlling non-operating expenses or interest costs. Revenue growth has been inconsistent, with some years showing declines. The EBIT and EBITDA margins suggest decent operating efficiency, but overall profitability could be improved.

Balance Sheet

The company's balance sheet reflects moderate financial stability. The debt-to-equity ratio is high, indicating significant leverage, which could pose risks in volatile market conditions. Return on equity is modest, suggesting moderate effectiveness in generating returns for shareholders. The equity ratio indicates a good proportion of assets financed by equity, providing some buffer against liabilities.

Cash Flow

Cash flow analysis shows a strong operating cash flow to net income ratio, suggesting good cash generation from operations. However, free cash flow growth has fluctuated over the years. The free cash flow to net income ratio also indicates efficient cash management, though there is room for improvement in capital expenditure control.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.28B	14.04B	14.29B	13.16B	12.53B	11.18B
Gross Profit	7.49B	7.50B	6.26B	6.60B	5.47B	4.84B
EBITDA	1.86B	1.81B	2.64B	1.86B	1.75B	1.65B
Net Income	424.20M	430.40M	1.22B	427.90M	154.70M	-218.70M
Balance Sheet
Total Assets	0.00	16.50B	15.72B	16.69B	13.87B	14.29B
Cash, Cash Equivalents and Short-Term Investments	459.00M	494.40M	508.30M	1.38B	172.20M	380.10M
Total Debt	0.00	5.71B	5.85B	7.54B	6.87B	7.44B
Total Liabilities	-7.17B	9.33B	9.05B	11.27B	10.05B	10.60B
Stockholders Equity	7.17B	7.17B	6.68B	5.42B	3.81B	3.69B
Cash Flow
Free Cash Flow	0.00	777.80M	224.60M	460.80M	492.80M	1.02B
Operating Cash Flow	0.00	1.44B	973.40M	1.31B	1.07B	1.21B
Investing Cash Flow	0.00	-670.30M	461.80M	-829.60M	93.80M	-120.90M
Financing Cash Flow	0.00	-963.70M	-2.31B	723.00M	-1.37B	-1.32B

Dynamatic Technologies Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9502.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DYNAMATECH, the sentiment is Positive. The current price of 9502.55 is below the 20-day moving average (MA) of 9611.78, above the 50-day MA of 9213.89, and above the 200-day MA of 7899.39, indicating a bullish trend. The MACD of 338.92 indicates Negative momentum. The RSI at 64.55 is Neutral, neither overbought nor oversold. The STOCH value of 45.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DYNAMATECH.

Dynamatic Technologies Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SCHNEIDER	69 Neutral	₹208.51B	85.04	―	―	12.77%	31.32%
IRCON	65 Neutral	₹128.29B	20.87	―	1.56%	-13.85%	-34.81%
DYNAMATECH	64 Neutral	₹69.91B	194.52	―	0.07%	2.51%	-63.28%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BEML	62 Neutral	₹137.30B	55.12	―	0.29%	-1.31%	3.61%
KEC	60 Neutral	₹150.30B	22.07	―	0.74%	12.21%	56.50%
MBECL	42 Neutral	₹557.77M	<0.01	―	―	-36.07%	―

Dynamatic Technologies Limited Corporate Events

Dynamatic, Hutchinson Seal Strategic Aerospace Pact to Tap India’s Fast-Growing Market

Dynamatic Technologies Limited, a Bengaluru-based aerospace and engineering manufacturer, specializes in metallic aerostructures and Class 1 assemblies for global OEMs, positioning India as a capable supplier in high-precision aerospace manufacturing. Its new partnership with France’s Hutchinson, a provider of advanced composite and integrated systems solutions, aligns both firms to jointly address performance, weight and sustainability demands of modern aircraft programs.

The two companies have signed a Memorandum of Agreement to target India’s rapidly expanding aerospace market by combining Dynamatic’s complex metallic structures footprint with Hutchinson’s composite and multi-material systems expertise. As part of the collaboration, Dynamatic will award Hutchinson its first composite parts work package, while Hutchinson will grant Dynamatic a multi-year metallic parts contract, laying the groundwork for supporting aircraft production ramp-ups, strengthening the global aerospace supply chain from India, and enhancing competitiveness for OEMs operating in the region.

Executives from both companies framed the tie-up as a long-term commitment to India’s aerospace ecosystem, particularly for complex work packages and high-rate programs. The partnership is expected to enable OEMs to benefit from value engineering, faster product development and scalable manufacturing volumes from India, reinforcing the country’s role as a strategic hub for next-generation aircraft manufacturing and integrated aero-structure solutions.

Dynamatic Technologies Clears Q3 FY26 Results, Declares Interim Dividend

Dynamatic Technologies Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, following a limited review by its statutory auditors, who reported no material misstatements under the applicable accounting and regulatory framework. This confirmation of its interim financial reporting supports transparency for investors and maintains compliance with securities listing requirements in India.

The board also declared an interim dividend of Rs 5 per equity share for the 2025-26 financial year, with February 13, 2026 set as the record date to determine eligible shareholders for this payout. The dividend decision signals management’s confidence in the company’s financial position and provides a direct return to shareholders, potentially enhancing investor sentiment around the stock.

Dynamatic Technologies Clears Q3 FY26 Results, Declares Interim Dividend

Dynamatic Technologies Limited’s board has approved its unaudited standalone and consolidated financial results for the quarter ended 31 December 2025, following a limited review by its statutory auditors in line with Indian accounting standards and stock exchange regulations. The auditors reported no material misstatements, indicating that the interim financial disclosures comply with regulatory requirements and generally accepted accounting principles.

The board also declared an interim dividend of Rs. 5 per equity share for the 2025-26 financial year and set 13 February 2026 as the record date to determine eligible shareholders. The move signals management’s confidence in the company’s financial position and provides near-term cash returns to investors, with the dividend scheduled to be paid within statutory timelines.

Dynamatic Technologies Clears Q3 FY26 Results, Declares Interim Dividend

Dynamatic Technologies Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, following a limited review by its statutory auditors, who reported no material misstatements. The approval of these interim numbers provides investors with updated visibility into the company’s financial performance for the ongoing financial year.

The board has also declared an interim dividend of Rs. 5 per equity share for the 2025-26 financial year, with February 13, 2026 set as the record date for determining eligible shareholders. This payout signals management’s confidence and offers a tangible return to investors, underscoring the company’s commitment to shareholder value while it continues to operate in capital-intensive aerospace and engineering markets.

Dynamatic Technologies Clears Q3 FY26 Results, Declares Interim Dividend

Dynamatic Technologies Limited has approved its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, following a board meeting held in February 2026 in Bengaluru. The results were reviewed by the statutory auditors, who reported no material misstatements under the applicable Indian accounting standards and regulatory requirements.

The board also declared an interim dividend of Rs 5 per equity share for the financial year 2025-26, with February 13, 2026 set as the record date to determine eligible shareholders. This dividend decision signals continued capital return to investors and may be seen as a reflection of management’s confidence in the company’s financial performance and cash-generation profile for the current fiscal year.

Dynamatic Technologies Seeks Shareholder Nod for New Independent Directors via Postal Ballot

Dynamatic Technologies Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Air Chief Marshal V.R. Chaudhari (Retd.) and Ms. Shyamala Venkatachalam as Independent Directors of the company, reflecting a strategic move to strengthen its board with experienced leadership. The company has arranged for remote electronic voting through Kfin Technologies Limited, set specific voting dates in January and February 2026, and appointed an independent scrutinizer to oversee the process, underscoring its adherence to regulatory requirements and corporate governance standards while aiming to enhance oversight and strategic direction for stakeholders.

Dynamatic Technologies to Build Rear Fuselage for Dassault’s Falcon 6X

Dynamatic Technologies Limited has signed a strategic agreement with Dassault Aviation to manufacture and assemble the complete rear fuselage for the Falcon 6X business jet. This agreement expands Dynamatic’s role in the Falcon 6X program and reinforces its position as a trusted supplier in the aerospace industry, supporting the ‘Make in India’ initiative. The collaboration highlights Dassault’s commitment to innovation and manufacturing excellence, with both companies anticipating mutual benefits from this partnership.