Dixon Technologies (india) Ltd. · NSE:DIXON

Dixon Technologies (india) — Q2 FY2021-22 Earnings Presentation

14 slides from Dixon Technologies (india)'s earnings presentation, Oct 29, 2021

  1. Slide 1: Earnings Presentation Q2, FY 21-22

    EARNINGS PRESENTATION Q2, FY 21-22

  2. Slide 2: Table of contents

    Table of contents Key highlights of Q2 & H1,FY 21-22 03 Consolidated Results Summary 04 Segment Wise Analysis 05 - 09 Expenditure Analysis 10 Balance Sheet & Cash Flow 11 - 12 Key Financial Ratios 13

  3. Slide 3: Key highlights of Q2 and H1, FY 21-22

    Key highlights of Q2, FY 21-22 Revenue (INR Lacs)* Growth % EBITDA (INR Lacs)* Margin % PBT (INR Lacs) Margin % PAT (INR Lacs) Margin % 280,473 11,096 8,023 6,264 7,181 8,964 98 24% 20% 71% 12% % 163,899 5,236 5.5% 4.0% 4.4% 2.9% 3.2% 2.2% Q2,FY21 Q2,FY22 Q2,FY21 Q2,FY22 Q2,FY21 Q2,FY22 Q2,FY21 Q2,F

  4. Slide 4: Consolidated Results Summary

    Consolidated Results Summary Particulars (INR Lacs) Q2, FY 21-22 Q2, FY 20-21 % Change H1, FY 21-22 H1, FY 20-21 % Change Income 280,378 163,874 71% 467,107 215,568 117% Expenses 269,377 154,935 74% 451,317 204,940 120% Operating Profit 11,001 8,939 23% 15,790 10,628 49% Operating Profit Margin 3.9%

  5. Slide 5: Consumer Electronics

    Consumer Electronics* Revenue (INR Lacs) Operating Profit (INR Lacs) Margin % Q2,FY 21 Q2,FY 22 18% 21% 55% 34% Revenue contribution 59% 53% Operating Profit contribution 30% 33% 148,648 2,977 126,225 3,605 96,051 2,690 ODM 3% 4% 2.4% 2.8% 2.4% *Including AC PCB Revenue of INR 3,201 Lacs in Q2,FY 22

  6. Slide 6: Lighting Products

    Lighting Products Revenue (INR Lacs) Operating Profit (INR Lacs) Margin % Q2,FY 21 Q2,FY 22 158% 359% 34% 14% Revenue contribution 18% 14% Operating Profit 31% 29% 3,157 contribution 39,565 2,771 29,572 687 15,349 ODM 90% 93% 4.5% 9.4% 8.0% Q1,FY22 Q2,FY21 Q2,FY22 Q1,FY22 Q2,FY21 Q2,FY22 H1,FY 21 H1

  7. Slide 7: Home Appliances

    Home Appliances Revenue (INR Lacs) Operating Profit (INR Lacs) Margin % Q2,FY 21 Q2,FY 22 218% 329% 10% Revenue 54% 9% 8% contribution Operating Profit contribution 19% 17% 22,402 1,732 1,899 443 ODM 100% 100% 14,538 7,055 6.3% 11.9% 8.5% Q1,FY22 Q2,FY21 Q2,FY22 Q1,FY22 Q2,FY21 Q2,FY22 H1,FY 21 H1,F

  8. Slide 8: Mobile & EMS Division

    Mobile & EMS Division Revenue (INR Lacs) Operating Profit (INR Lacs) Margin % Q2,FY 21 Q2,FY 22 96% 361% 203% 19% Revenue contribution 12% 21% 59,861 1,932 Operating Profit 18% 18% 420 1,628 contribution 30,586 19,740 Mobile & EMS Division (Q2 FY22) : - Includes Set top box revenue & Operating profi

  9. Slide 9: Security Systems (Dixon 50% share)

    Security Systems (Dixon 50% share) Revenue (INR Lacs) Operating Profit (INR Lacs) Margin % Q2,FY 21 Q2,FY 22 32% 54% 149% 247% Revenue contribution 2% 4% 263 406 Operating Profit 1% 4% 9,903 7,514 117 contribution 3,971 3.5% 2.9% 4.1% Q1,FY22 Q2,FY21 Q2,FY22 Q1,FY22 Q2,FY21 Q2,FY22 H1,FY 21 H1,FY 22

  10. Slide 10: Expenditure Analysis: Q2 and H1 FY 21-22

    Expenditure Analysis : Q2,FY 21-22 vs Q2,FY 20-21 Particulars (As a % of operating revenues) Q2, FY 21-22 Q2, FY 20-21 % Change Cost of Material Consumed 91.1% 88.2% 2.9% Employee benefit expenses 1.9% 2.2% -0.3% Finance Cost 0.3% 0.4% -0.1% Depreciation and Amortization Expense 0.8% 0.7% 0.1% Other

  11. Slide 11: Balance sheet

    Balance sheet Particulars (INR Lacs) 30th Sep’21 31st Mar ’21 0.4 Net Fixed Assets (A) 67,023 49,043 0.2 Right-of-use asset (B) 12,486 13,218 83,335 Other Non Current Assets (C) 3,325 3,196 Equity 73,730 Cash, Bank & ST Investments (D) 26,623 16,414 Gross Debt Current Assets 30,673 Trade Receivables

  12. Slide 12: Cash Flow

    Cash Flow Particulars (INR Lacs) H1, FY 21-22 PBT 10,432 Depreciation & Amortization 3,664 Others ( Net interest expenses, ESOP expenses etc.) 2,440 Working capital change (811) Taxes Paid (3,051) Cash Flow from Operating Activities (A) 12,674 * Negative cash flow of INR 3,822 lacs Capital expenditu

  13. Slide 13: Key Financial Ratios

    Key Financial Ratios As on Particulars th 30 Sep 2021 Inventory days (A) 35 Debtors Days (B) 40 Creditors days (C) 76 Cash Conversion Cycle / Working Capital Days (A+B-C)* (1) ROCE (%)** 30.0% ROE (%) *** 26.1% * Working capital days for 30th Sep, 21 calculated on quarterly basis **ROCE = Trailing 1

  14. Slide 14: Dixon

    Dixon

Dixon Technologies (India) — Q2 FY2021-22 Earnings Presentation on 6ix