Dynamatic Technologies (505242) Q4 24/25 earnings summary

Executive summary

• FY2025 consolidated revenue declined by 1.8% year-over-year to Rs. 14,038.0 mn, with EBITDA down 0.7% and EBIT down 4.3%.

• PAT rose 26.4% to Rs. 430.4 mn, excluding exceptional and one-time gains, while reported consolidated profit after tax for FY25 was ₹4,304 lakhs, down from ₹12,181 lakhs in FY24 due to lower exceptional gains.

• Aerospace segment drove growth, up 19.2% year-over-year, while metallurgy declined 28.9%.

• Board approved audited standalone and consolidated financial results for the quarter and year ended 31 March 2025, with an unmodified auditor opinion.

• Q4 FY2025 revenue increased 2.8% year-over-year, but EBITDA and EBIT margins declined.

Financial highlights

• FY2025 EBITDA margin improved by 13 bps to 11.3%; EBIT margin fell by 17 bps to 6.3%.

• Consolidated EPS for FY25 was ₹63.39, down from ₹179.40 in FY24; standalone EPS for FY25 was ₹93.95, up from ₹74.61 in FY24.

• Gross margin remained stable at 53.4% for FY2025.

• Net cash from operating activities for FY25 was ₹14,433 lakhs (consolidated), up from ₹9,734 lakhs in FY24.

• Standalone revenue from operations for FY25 was ₹63,918 lakhs, up from ₹58,186 lakhs in FY24.

Outlook and guidance

• Aerospace expected to maintain momentum with new program industrialization and defense modernization opportunities.

• Hydraulics segment anticipates margin improvement post-rationalization of product lines between India and UK.

• Metallurgy outlook hinges on recovery in private consumption, labor market strength, and lower interest rates.

• Board declared an interim dividend of ₹2 per share for FY25 and a final dividend of ₹5 per share for FY24, both paid.