Dynamatic Technologies Limited has announced strong financial results for the year ended March 31, 2026, reporting a consolidated net profit of ₹3,241 lakhs. The company has also recommended a final dividend of ₹5 per share, bringing the total dividend for the financial year to ₹10 per equity share. Additionally, the Board has approved the five-year reappointment of Dr. Udayant Malhoutra as CEO and Managing Director, effective from October 1, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, the company delivered a robust performance with total revenue from operations reaching ₹1,62,134 lakhs. Consolidated profit after tax stood at ₹3,241 lakhs. For the final quarter, the company recorded a revenue of ₹43,316 lakhs with a net profit of ₹1,256 lakhs, demonstrating steady growth across its diverse operational segments, including Aerospace, Hydraulics, and Metallurgy.
Dividend Announcement
The Board of Directors has recommended a final dividend of ₹5 per equity share (face value of ₹10 each) for the financial year. Combined with the interim dividend of ₹5 per share declared in February 2026, the total dividend payout for the year amounts to ₹10 per share. The record date for determining shareholder entitlement to the final dividend has been fixed for August 28, 2026.
Leadership and Board Updates
The company confirmed the re-appointment of Dr. Udayant Malhoutra as CEO and Managing Director for a five-year tenure, spanning from October 1, 2026, to September 30, 2031, subject to shareholder approval. The Board also acknowledged the resignation of Mr. Dietmar Hahn from his position as a Non-Executive and Non-Independent Director, effective May 19, 2026, following his retirement from the company’s German subsidiary.
Strategic Restructuring
To address operational challenges within its UK-based Hydraulics division, the company has initiated a strategic restructuring process. This includes the transfer of certain production operations to India and the transfer of specific Intellectual Property rights to improve supply chain reliability and long-term sustainability. The company has recognized costs related to these initiatives, including workforce rationalization, as exceptional items in the annual financial results.
Source: BSE
