Dixon Technologies (india) Ltd. · NSE:DIXON

Dixon Technologies (india) — Q2 FY23 Earnings Presentation

14 slides from Dixon Technologies (india)'s earnings presentation, December 2022

  1. Slide 1: Earnings Presentation Q2 & H1, FY 22-23

    EARNINGS PRESENTATION Q2 & H1, FY 22-23

  2. Slide 2: Table of contents

    Table of contents Key highlights of Q2 & H1,FY 22-23 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 22-23

    Key highlights of Q2, FY 22-23 Revenue (INR Crs)* Growth % EBITDA (INR Crs)* Margin % PBT (INR Crs) Margin % PAT (INR Crs) Margin % 3,867.3 100.2 145.7 77.1 2,804.7 80.2 62.6 38% 111.0 98 31% 23% 25% % 4.0% 3.8% 2.9% 2.6% 2.2% 2.0% Q2,FY22 Q2,FY23 Q2,FY22 Q2,FY23 Q2,FY22 Q2,FY23 Q2,FY22 Q2,FY23 Key

  4. Slide 4: Consolidated Results Summary

    Consolidated Results Summary Particulars (INR Crs) Q2, FY 22-23 Q2, FY 21-22 % Change H1, FY 22-23 H1, FY 21-22 % Change Income 3,866.8 2,803.8 38% 6,721.8 4,671.1 44% Expenses 3,721.6 2,693.8 38% 6,476.6 4,513.2 44% Operating Profit 145.2 110.0 32% 245.3 157.9 55% Operating Profit Margin 3.8% 3.9%

  5. Slide 5: Consumer Electronics

    Consumer Electronics* Revenue (INR Crs) Operating Profit (INR Crs) Margin % Q2,FY 22 Q2,FY 23 1% 19% 61% Revenue 72% 53% 39% 42.8 contribution 1,486.5 1,500.7 36.1 Operating Profit contribution 33% 29% 932.2 24.8 ODM 4% 25% 2.4% 2.7% 2.9% *Revenue Includes :- AC PCB :INR 78.6 Crs & Reverse Logistics

  6. Slide 6: Lighting Products

    Lighting Products Revenue (INR Crs) Operating Profit (INR Crs) Margin % Q2,FY 22 Q2,FY 23 -27% -25% 43% Revenue 26% 14% 8% contribution 31.6 395.6 23.8 Operating Profit 290.4 29% 16% contribution 231.2 16.7 ODM 93% 93% 8.0% 7.2% 8.2% Q2,FY22 Q1,FY23 Q2,FY23 Q2,FY22 Q1,FY23 Q2,FY23 H1,FY 22 H1,FY 23

  7. Slide 7: Home Appliances

    Home Appliances Revenue (INR Crs) Operating Profit (INR Crs) Margin % Q2,FY 22 Q2,FY 23 62% 72% 362.9 Revenue 42% 58% 32.7 contribution 8% 9% 255.6 Operating Profit 17% 22% 224.0 contribution 20.7 19.0 ODM 100% 100% 8.5% 8.1% 9.0% Q2,FY22 Q1,FY23 Q2,FY23 Q2,FY22 Q1,FY23 Q2,FY23 H1,FY 22 H1,FY 23 Rev

  8. Slide 8: Mobile & EMS Division

    Mobile & EMS Division Revenue (INR Crs) Operating Profit (INR Crs) Margin % 166% 119% Q2,FY 22 Q2,FY 23 1,594.4 22% 29% 42.3 Revenue 1,304.9 21% 41% contribution 32.8 Operating Profit 18% 29% 19.3 contribution 598.6 3.2% 2.5% 2.7% Q2 FY23 Revenue includes :- Set top box : INR 31.9 Crs, IT hardware :

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

    Security Systems (Dixon 50% share) Revenue (INR Crs) Operating Profit (INR Crs) Margin % 19% -10% -10% Q2,FY 22 Q2,FY 23 131.1 118.3 -30% Revenue 99.0 5.2 contribution 4% 3% 4.1 3.6 Operating Profit 4% 3% contribution 4.1% 4.0% 3.1% Q2,FY22 Q1,FY23 Q2,FY23 Q2,FY22 Q1,FY23 Q2,FY23 Operating Profit (I

  10. Slide 10: Expenditure Analysis

    Expenditure Analysis : Q2,FY 22-23 vs Q2,FY 21-22 Particulars (As a % of operating revenues) Q2, FY 22-23 Q2, FY 21-22 % Change Cost of Material Consumed 91.4% 91.1% 0.3% Employee benefit expenses 1.8% 1.9% -0.1% Finance Cost 0.4% 0.3% 0.1% Depreciation and Amortization Expense 0.8% 0.8% - Other exp

  11. Slide 11: Balance sheet

    Balance sheet Particulars (INR Crs) 30th Sep’22 31st Mar ’22 Net Fixed Assets (A) 944.0 829.8 Right-of-use asset (B) 191.0 195.9 Other Non Current Assets (C) 106.3 104.5 Cash, Bank & ST Investments (D) 260.2 317.4 Current Assets Particulars (INR Crs) 30th Sep ’22 31st Mar ’22 Trade Receivables 1,935

  12. Slide 12: Cash Flow

    Cash Flow Particulars (INR Crs) H1, FY 22-23 PBT 162.8 Depreciation & Amortization 53.2 Others ( Net interest expenses, ESOP expenses etc.) 39.7 Working capital change 17.0 Taxes Paid (38.3) Cash Flow from Operating Activities (A) 234.3 Capital expenditure (183.9) * Cash flow generation of INR 50.4

  13. Slide 13: Key Financial Ratios

    Key Financial Ratios As on As on Particulars 30th Sep 2022 31st Mar 2022 Inventory days (A) 27 31 Debtors Days (B) 45 41 Creditors days (C) 72 72 Cash Conversion Cycle / Working Capital Days (A+B-C)* 0 0 ROCE (%)** 27.3% 24.9% ROE (%) *** 23.9% 21.9% * Working capital days for 30th Sep, 22 & 31st Ma

  14. Slide 14: Dixon

    Dixon

Dixon Technologies (India) — Q2 FY23 Earnings Presentation on 6ix