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Dynamatic Technologies Ltd.

BSE: 505242 Sector: Engineering
NSE: DYNAMATECH ISIN Code: INE221B01012
BSE 00:00 | 20 Sep 2925.65 -170.35
(-5.50%)
OPEN

3020.00

HIGH

3098.85

LOW

2889.90

NSE 00:00 | 20 Sep 2919.25 -173.80
(-5.62%)
OPEN

3071.00

HIGH

3093.00

LOW

2891.00

OPEN 3020.00
PREVIOUS CLOSE 3096.00
VOLUME 8883
52-Week high 3447.85
52-Week low 650.45
P/E 50.27
Mkt Cap.(Rs cr) 1,855
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 3020.00
CLOSE 3096.00
VOLUME 8883
52-Week high 3447.85
52-Week low 650.45
P/E 50.27
Mkt Cap.(Rs cr) 1,855
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Dynamatic Technologies Ltd. (DYNAMATECH) - Company History

Dynamatic Technologies (DTL) formerly Dynamatic Hydraulics was floated by J K Malhoutra. It is a medium-scale engineering unit specialising in the production and marketing of quality hydraulic elements fluid systems and specialised engineering products. DTL manufactures hydraulic gear pumps control valves hand pumps and other hydraulic elements. It is the largest manufacturer of gear pumps in India.DTL had a technological collaboration with Ultra Hydraulics UK (previously known as Dowtly Hydraulics Units) the leader in its field worldwide. The collaboration is not in force as on date. The company has fully indigenised its manufacture of hydraulic elements.Nearly 80% of sales is supplied to OEMs and the rest goes to the replacement market. Of the OEM supplies over 60% is made to the tractor segment and the balance to other OEMs in the precision engineering Defence and aviation sectors. Its gear pumps are exported to Australia the UK Srilanka Turkey Taiwan and Iran.In line with its expertise in precision engineering it has developed several products for aerospace applications. In its aerospace division it has manufactured specialised under-carriage valves for light combat aircrafts (LCA) mobile hydraulic test benches for military jets and helicopters a hydraulic power system for the Polar Satellite Launch Vehicle (PSLV) III etc.DTL has progressively increased its capacity for hydraulic pumps from 85000 pa in 1992-93 to 120000 pa at present. At a new plant to be set up near Bangalore it plans to manufacture two models of small aircraft requiring short take-off runs long flying ranges and with versatile applications in both the Defence and civilian sectors.During the year 1997-98 it floated JKM Dae Rim Automotive Ltd in joint venture with M/s Dae Rim Enterprises Korea for setting up Dynametal-II the foundry division at Madras which commenced commercial production in Oct.'98.The company was awarded National Award for Excellence in indigenisation of Defence equipment during the year 1999-2000. Also during the year the company has been certified to ISO 9001 Standards by Lloyds Registry for Quality Assurance and customer certified to QS 9000 Standards.The company plans to increase its efforts in developing new and more economical applications in mechanised agricultureearth movingmaterial handling machine tools through continuous innovation.During the year 2000-2001 the company has entered into a marketing tie-up with ATOS s.p.a for the national level distribution of electro-hydraulic products.

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