Dynamatic Technologies Announces Board Outcomes: New Leadership, Dividend Recommendation, and Financial Results for FY2026
Dynamatic Technologies Limited announced several significant corporate developments following the Board meeting held on May 19, 2026. The Board approved the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. Furthermore, the Board recommended a final dividend and confirmed the re-appointment of Dr. Udayant Malhoutra as CEO and Managing Director.The Company's Independent Auditors, Deloitte Haskins & Sells LLP, issued an unmodified opinion on the annual accounts for the year ended March 31, 2026.
Leadership and Governance Updates
During the Board meeting, the Company noted the resignation of Mr. Dietmar Hahn from the position of Non-Executive and Non-Independent Director, effective May 2026.In a key leadership update, the Board recommended the re-appointment of Dr. Udayant Malhoutra as the CEO and Managing Director. This tenure is set for a period of five years, commencing on October 1, 2026, and continuing until September 30, 2031, subject to the approval of the Company’s members.
Dividend Declaration
The Board recommended a final dividend of Rs. 5/- per equity share, where the face value of the share is Rs. 10/-. This dividend is for the financial year ended March 31, 2026, and is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).The total dividend payout for the financial year ended March 31, 2026, is expected to be Rs. 10/- per equity share, combining this final dividend with the interim dividend of Rs. 5/- per share, which was declared by the Board on February 9, 2026.
The record date for determining the entitlement of members for the dividend is fixed as August 28, 2026.
Financial Highlights for FY2026
The audited financial results for the year ended March 31, 2026, showed the following key figures for the Consolidated entity:| Financial Metric | Year Ended March 31, 2026 (Audited) | Previous Year Ended March 31, 2025 (Audited) |
|---|---|---|
| Total Income (a+b) | 1,65,105 | 1,42,660 |
| Total Expenses | 1,57,329 | 1,37,149 |
| Profit Before Tax | 5,019 | 5,511 |
| Total Tax Expense | 1,778 | 1,207 |
| Profit After Tax | 3,241 | 4,304 |
| Total Comprehensive Income | 7,942 | 5,451 |
The financial position shows the following movement in total assets:
| Financial Metric | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 1,84,953 | 1,65,028 |
| Total Equity | 79,352 | 71,750 |
| Total Liabilities | 1,05,601 | 93,278 |
These figures for the financial year ended March 31, 2026, were audited by Deloitte Haskins & Sells LLP, which issued an unmodified opinion on the annual accounts.
DYNAMATECH Stock Price Movement
On Tuesday, shares of Dynamatic Technologies Limited edged higher, closing at ₹10,864, marking a gain of 1.29% on the session. The stock saw a trading range between ₹10,601 and ₹11,000, supported by a total volume of 15,687 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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