Dynamatic Technologies will convene its 51st Annual General Meeting on September 15, 2026. The Board has recommended a dividend of ₹5 per equity share for shareholder approval.

The meeting is scheduled for 2:30 pm via Video Conference or Other Audio Visual Means. The company has submitted the Notice of AGM and the Annual Report for FY26, along with the Business Responsibility and Sustainability Report, in electronic mode to members.

Dividend Details

The Board of Directors, in its meeting dated May 19, 2026, recommended a dividend of ₹5 per equity share of face value ₹10 each. This represents a 50% payout ratio relative to the face value.

If approved by shareholders, the dividend will be paid on or after September 17, 2026. The payment is subject to applicable tax deductions. Eligibility is determined by the Register of Members as at the closure of business hours on August 28, 2026.

Corporate Action Dates

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members will remain closed from September 9, 2026, to September 15, 2026, both dates inclusive.

The Annual Report containing the Notice of AGM is available on the company’s website.

Dynamatic Technologies reported a consolidated net profit of ₹207.9 million for the quarter ended June 30, 2026, marking a 93% year-on-year increase from ₹107.7 million in Q1FY26. The surge was primarily driven by robust demand in the Aerospace segment and significant margin expansion in Hydraulics, aided by favorable foreign exchange movements that contributed ₹392.58 million to revenue. Consolidated revenue grew 14.5% to ₹4,248.1 million, while EBITDA margin expanded by 280 basis points to 12.97%. The Board of Directors, meeting on August 7, 2026, declared an interim dividend of ₹3 per equity share.

The results were reviewed by Statutory Auditors Deloitte Haskins & Sells LLP under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management highlighted that the Aerospace segment's growth was supported by execution across commercial programs and ramp-up at Dynamatic Manufacturing Limited. Meanwhile, the transfer of hydraulic business from Swindon to Bangalore is progressing well, enhancing long-term sustainability.

Financial Performance

Consolidated earnings per share (EPS) stood at ₹30.62, significantly higher than ₹15.86 in the corresponding quarter of FY26. Standalone net profit declined 35.6% to ₹98.8 million due to higher finance costs and lower other income, contrasting with the consolidated surge. Interest coverage improved to 2.4x from 1.4x in Q1FY26, reflecting stronger operating profits against stable interest expenses of ₹149.2 million.

Segment Analysis

The Aerospace segment contributed ₹2,022.5 million to revenue, up 17.0% year-on-year, with EBITDA margin expanding to 23.8%. The Hydraulics segment saw revenue rise 9.4% to ₹1,160.4 million, with EBITDA margin jumping to 12.5% from 3.4% due to product mix optimization and UK restructuring benefits. The Metallurgy segment recorded revenue of ₹1,063.1 million, up 15.7%, with EBITDA margin improving to 3.7%.

What the Numbers Show

A critical driver of the reported growth was favorable foreign exchange fluctuations. On a constant currency basis, revenue growth would have been 3.9%, compared to the reported 14.5%. The Euro, GBP, and USD all strengthened against the INR, adding ₹392.58 million to revenue and ₹51.37 million to EBITDA. Despite this tailwind, operational improvements were evident, particularly in Hydraulics where margins nearly quadrupled. Net debt remained elevated at ₹4,731.4 million, but the net debt-to-LTM EBITDA ratio improved to 2.4x from 2.5x in March 2026, indicating better leverage management as earnings grow.