Dixon Technologies Reports Strong Growth in Quarterly Results
Dixon Technologies announced impressive Q1 results with consolidated revenue up 95% to ₹12,838.00 crores. The company's profit after tax doubled to ₹280.00 crores, while EBITDA rose 89% to ₹484.00 crores. The mobile business segment saw 125% revenue growth. Dixon plans significant investments in camera modules, display assembly, and core EMS capacities. The company is expanding through strategic acquisitions and partnerships, expecting exports to grow from ₹1,600.00 crores to ₹7,000.00 crores this fiscal year. A final dividend of ₹8.00 per equity share was recommended.

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Dixon Technologies , a leading electronic manufacturing services company, has announced its quarterly results, showcasing substantial growth across key financial metrics.
Revenue Growth
The company reported a remarkable 95% increase in consolidated revenue from operations, reaching ₹12,838.00 crores compared to the same quarter last year. The mobile business segment alone saw revenues grow by 125% year-on-year to ₹11,663.00 crores.
Operational Performance
Dixon Technologies' operational efficiency showed impressive improvement, with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rising by 89% to ₹484.00 crores. However, EBITDA margins dropped slightly by 10 basis points to 3.8%.
Profitability
The company's profit after tax doubled to ₹280.00 crores, representing a 100% growth year-over-year. Operating profit in the mobile business increased by 131% to ₹395.00 crores.
Future Projections and Investments
Dixon Technologies expects operating margins to improve in the future. The company plans to invest ₹750.00-800.00 crores in camera modules and display assembly business, plus an additional ₹300.00-400.00 crores for expanding core EMS capacities.
Strategic Acquisitions and Partnerships
The company is acquiring a majority stake in Kunshan Q-Tech Microelectronics' India operations for ₹400.00 crores and forming a joint venture with HKC for display assembly. Additionally, a new joint venture called Lightanium Technologies Private Limited was incorporated during the quarter.
Export Growth
Export projections show significant growth from ₹1,600.00 crores last fiscal to ₹7,000.00 crores this year.
Market Outlook
Dixon expects 15% sequential growth in orders ahead of the festive season. The company is expanding into camera modules, display assemblies, and precision mechanical components under the government's ₹22,000.00 crores electronics component manufacturing scheme.
Dividend Announcement
The board had previously recommended a final dividend of ₹8.00 per equity share, subject to shareholder approval.
Financial Highlights
Metric | Q1 Results | YoY Change |
---|---|---|
Consolidated Revenue | ₹12,838.00 crores | 95% |
EBITDA | ₹484.00 crores | 89% |
Profit After Tax | ₹280.00 crores | 100% |
Profit Before Tax | ₹366.00 crores | 103% |
Dixon Technologies' results reflect the company's strong position in the electronic manufacturing services sector, with significant growth across various financial parameters. The company's focus on diversified segments and new component businesses appears to be yielding positive results, contributing to its robust performance.
Historical Stock Returns for Dixon Technologies
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.94% | +3.76% | +15.21% | +7.23% | +52.10% | +987.07% |