Dynamatic Technologies Limited has taken center stage in Airbus' strategic plans for India, as evidenced by the aerospace giant's board of directors making their first-ever visit to the country. This historic event underscores the growing importance of India in the global aerospace industry and Dynamatic's pivotal role in Airbus' operations in the region.

Strengthening Global Partnership

The visit of Airbus' entire board and senior leadership to Dynamatic's facility in Bangalore marks a significant milestone in the partnership between the two companies. This event not only highlights Dynamatic's crucial position in Airbus' supply chain but also signals a deepening of their global collaboration.

Key Highlights of the Visit

• First-Ever Board Visit: The Airbus board conducted their first-ever meeting in India, emphasizing the country's strategic importance.
• Facility Tour: The delegation visited Dynamatic's state-of-the-art manufacturing facility in Bangalore, showcasing the company's capabilities.
• AI-Enhanced Inspection: The visit featured the first AI-enhanced First Article Inspection (FAI) for the Airbus A220 Aft Service Door, marking a major technological milestone.
• Ahead of Schedule: Dynamatic reported that all eight doors for the Airbus project are ahead of schedule, demonstrating the company's efficiency and commitment.

Strategic Importance for Airbus

Airbus' focus on India is underscored by significant orders from leading Indian carriers. The company is set to deliver over 1,000 aircraft to customers like IndiGo and Air India in the coming years, highlighting India's growing importance in the global aviation market.

Dynamatic's Role and Achievements

Dynamatic Technologies has proven to be a key partner for Airbus, showcasing its capabilities in several areas:

1. Rapid Industrialization: After signing the contract in February last year, Dynamatic quickly industrialized the project.
2. Innovation: The company's focus on AI-enhanced inspections demonstrates its commitment to cutting-edge technologies.
3. Timely Delivery: All eight doors for the Airbus project are reported to be ahead of schedule, highlighting Dynamatic's operational excellence.

Looking Ahead

This landmark visit not only celebrates the successes of the Airbus-Dynamatic partnership but also signals a renewed commitment to supporting India's 'Make-in-India' initiative. Both companies are poised to expand local manufacturing and generate opportunities for the broader Indian aerospace ecosystem.

Toby Malhoutra, CEO & MD of Dynamatic Technologies Limited, addressed the Airbus Board of Directors and Senior Leadership Team during the visit, further cementing the strategic alliance between the two companies.

As Airbus continues to integrate India further into its global value chain, Dynamatic Technologies is well-positioned to play a crucial role in this expansion, leveraging its expertise in design, engineering, and manufacturing of highly engineered products for the aerospace industry.

This visit marks a new chapter in the Airbus-Dynamatic partnership, promising future collaborations, innovations, and growth in India's burgeoning aerospace sector.

Dynamatic Technologies Limited , a leading manufacturer in the aerospace and automotive sectors, has reported a mixed set of financial results for the first quarter. The company saw an increase in revenue but faced challenges in maintaining profitability levels.

Revenue Growth

Dynamatic Tech's consolidated revenue from operations for Q1 rose to ₹37,093.00 lakh, up from ₹34,628.00 lakh in the corresponding quarter of the previous year, marking a 7.10% increase. On a standalone basis, the company's revenue grew to ₹17,760.00 lakh from ₹14,829.00 lakh year-over-year, showing a more substantial growth of 19.80%.

Profitability Metrics

Despite the revenue growth, the company experienced a decline in profitability:

• Consolidated profit after tax decreased to ₹1,077.00 lakh from ₹1,139.00 lakh in the same quarter last year.
• Standalone profit after tax increased to ₹1,535.00 lakh from ₹928.00 lakh year-over-year.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) fell to ₹378.00 crore from ₹401.00 crore.
• EBITDA margin contracted to 10.19% from 11.57% in the corresponding quarter of the previous year.

Segment Performance

Dynamatic Tech's performance varied across its business segments:

The Aerospace segment showed strong growth and profitability, while the Hydraulics segment saw a decline in both revenue and profitability compared to the previous year.

Financial Position

As of June 30, Dynamatic Tech reported:

• Total consolidated assets of ₹1,75,492.00 lakh
• Total consolidated liabilities of ₹99,891.00 lakh
• A paid-up equity share capital of ₹679.00 lakh

Management Commentary

Udayant Malhoutra, CEO and Managing Director of Dynamatic Technologies Limited, signed off on the financial results. The company's board of directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, in a meeting that lasted from 15:15 IST to 19:15 IST on August 7.

Outlook

While Dynamatic Tech has demonstrated its ability to grow revenue, the company faces challenges in maintaining profitability margins. The strong performance of the Aerospace segment suggests potential for future growth, but the company may need to address efficiency and cost management in other segments to improve overall profitability.

Investors and stakeholders will be watching closely to see how Dynamatic Technologies navigates these challenges and capitalizes on growth opportunities in the coming quarters.