Key Quantitative Figures

Consolidated Financial Results (Half-Year Ended 30 September 2026):

  • Revenue from Operations: ₹87,754 lakhs (vs. ₹76,331 lakhs in H1 FY26)
  • Other Income: ₹1,691 lakhs
  • Total Income: ₹89,445 lakhs
  • Profit Before Tax (PBT): ₹5,153 lakhs (vs. ₹2,697 lakhs in H1 FY26)
  • Profit After Tax (PAT): ₹4,325 lakhs (vs. ₹1,408 lakhs in H1 FY26)
  • Total Comprehensive Income: ₹5,334 lakhs
  • Earnings Per Share (EPS): ₹63.70 (annualized)

Consolidated Financial Results (Quarter Ended 30 September 2026):

  • Revenue from Operations: ₹45,273 lakhs (vs. ₹39,238 lakhs in Q2 FY25)
  • Other Income: ₹476 lakhs
  • Total Income: ₹45,749 lakhs
  • Profit Before Tax (PBT): ₹2,514 lakhs (vs. ₹1,164 lakhs in Q2 FY25)
  • Profit After Tax (PAT): ₹2,246 lakhs (vs. ₹331 lakhs in Q2 FY25)
  • Total Comprehensive Income: ₹2,837 lakhs
  • Earnings Per Share (EPS): ₹33.08 (annualized)

Standalone Financial Results (Half-Year Ended 30 September 2026):

  • Revenue from Operations: ₹41,797 lakhs
  • Profit After Tax (PAT): ₹1,670 lakhs
  • EPS: ₹24.59 (annualized)

Standalone Financial Results (Quarter Ended 30 September 2026):

  • Revenue from Operations: ₹21,771 lakhs
  • Profit After Tax (PAT): ₹682 lakhs
  • EPS: ₹10.04 (annualized)

Segment-Wise Performance (Consolidated, Q2 FY27):

  • Aerospace: Revenue ₹21,077 lakhs | Segment Result ₹3,311 lakhs
  • Hydraulics: Revenue ₹14,040 lakhs | Segment Result ₹1,241 lakhs
  • Metallurgy: Revenue ₹10,136 lakhs | Segment Result ₹38 lakhs
  • Others: Revenue ₹20 lakhs | Segment Result (₹236) lakhs

Assets and Liabilities (Consolidated, as of 30 September 2026):

  • Total Assets: ₹1,99,142 lakhs
  • Total Equity: ₹84,142 lakhs
  • Total Liabilities: ₹1,15,000 lakhs
  • Paid-up Equity Capital: ₹679 lakhs (face value ₹10 per share)

Dividend Declaration

The Board declared an interim dividend of ₹2 per equity share (20%) for FY 2026-27. The record date for eligibility is fixed as 13th November 2026. The dividend will be paid within statutory timelines.

Previous dividends declared in FY27:

  • Interim dividend of ₹3 per share (30%) declared on 7th August 2026 and disbursed.
  • Final dividend of ₹5 per share (50%) for FY 2025-26 declared on 19th May 2026, approved by shareholders on 15th September 2026, and disbursed.

Subsidiary Information

The consolidated results include the following wholly-owned/step-down subsidiaries:

1. JKM Research Farm Limited, India

2. Dynauton Limited, India

3. JKM Erla Automotive Limited, India

4. Dynamatic Manufacturing Limited, India

5. JKM Global Pte. Limited, Singapore

6. Dynamatic Limited, UK

7. Yew Tree Investments Limited, UK

8. Dynamatic LLC, US

9. Eisenwerk Erla GmbH, Germany

The statutory auditors (Deloitte Haskins & Sells LLP) noted that they did not review financials of four subsidiaries, which collectively represented total assets of ₹101,859 lakhs and total revenues of ₹41,286 lakhs for H1 FY27. These were reviewed by other auditors.

Exceptional Items

Two exceptional items impacted previous periods:

1. Restructuring at UK Hydraulic Division (Dynamatic Limited, UK): A provision of GBP 0.6 million (₹688 lakhs) was recognized in Q2 FY25 for workforce reduction costs. An additional GBP 0.5 million (₹642 lakhs) was recognized in Q4 FY26. A non-cash tax charge of ₹562 lakhs was also recorded in DLUK due to IP transfer to Dynamatic Manufacturing Limited.

2. Labour Code Implementation: A one-time non-cash cost of ₹1,427 lakhs (consolidated) and ₹1,095 lakhs (standalone) was recognized in FY26 due to the revised definition of 'wages' under new labour codes, impacting gratuity and leave encashment computations.

Subsequent Events (Post-Quarter)

On 24th October 2026, the Board approved two transactions with wholly-owned subsidiary Dynauton Limited:

1. Slump Sale of UAV Vertical: Transfer of the company's UAV Vertical to Dynauton on a going concern basis for ₹2,918 lakhs, based on a valuation by a SEBI-registered valuer. Expected completion by 31st December 2026.

2. Preferential Issue: Subscription by Dynamatic Technologies to 74,90,000 equity shares of Dynauton (face value ₹10) at ₹50 per share (including premium), aggregating ₹3,745 lakhs. Dr. Udayant Malhoutra will subscribe to 5,00,000 shares on same terms. An ESOP Trust will subscribe to 10,00,000 shares at ₹10 each upon establishment.

Post-transaction, Dynamatic's shareholding in Dynauton will be ~83.33%, and it will remain a subsidiary. These are non-adjusting events for the current results.

Cash Flow Highlights (Consolidated, H1 FY27)

  • Net cash from operating activities: ₹3,046 lakhs
  • Net cash used in investing activities: (₹3,093) lakhs
  • Net cash from financing activities: ₹1,179 lakhs
  • Net decrease in cash: ₹1,132 lakhs

Audit & Review

The financial results were reviewed by the Audit Committee on 5th November 2026 and approved by the Board on 6th November 2026. The statutory auditors issued an unmodified conclusion on the limited review.