Dynamatic Technologies Ltd - DYNAMATIC TECH. Share Price

Summary

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 85,000 pa in 1992-93 to 1,20,000 pa at present. At a new plant... Read More