Dixon Technologies (india) Ltd. · NSE:DIXON
Dixon Technologies (india) — Q1 FY2024-25 Earnings Presentation
19 slides from Dixon Technologies (india)'s earnings presentation, Jul 30, 2024
Slide 1: Outcome of Board Meeting letter
Dixon Technologies (India) Limited 30th July, 2024 To To Secretary Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai – 400 051 Dalal Street, Mumb
Slide 2: Limited Review Report on Standalone Financial Results
S.N. Dhawan & CO LLP 2nd Floor, Plot No. 51-52, Udyog Vihar, Phase IV, Chartered Accountants Sector - 18, Gurugram Haryana 122016, India Tel: +91 124 481 4444 LIMITED REVIEW REPORT ON UNAUDITED STANDALONE FINANCIAL RES ULTS FOR THE QUARTER ENDED 30 JUNE, 2024 To the Board of Directors of DIXON TECHN
Slide 3: Statement of Standalone Financial Results Q1
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2024 (Rupees in Lakhs unless otherwise stated) S.No. Particulars Quarter
Slide 4: Limited Review Report on Consolidated Financial Results
2nd Floor, Plot No. 51-52, S.N. Dhawan & CO LLP Udyog Vihar, Phase IV, Chartered Accountants Sector - 18, Gurugram Haryana 122016, India Tel: +91 124 481 4444 LIMITED REVIEW REPORT ON UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2024 To the Board of Directors of DIXON TECH
Slide 5: Limited Review Report (continued)
5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below nothing has come to our attention that causes us to believe that the accompanying Statement, prepared i
Slide 6: Statement of Consolidated Financial Results Q1
DIXON TECHNOLOGIES CINDIA} LIMITED REGISTERED OF.EIIT. 814 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN : L32101UP1993PLC066581, Website: www. dixo ninfo.com STATEMENT OF CONSOLIOATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2024 (Rupees in Lakhs unless otherwise stated) S.No. Particulars Q
Slide 7: Earnings Presentation Q1, FY 24-25
EARNINGS PRESENTATION Q1,FY 24-25
Slide 8: Table of contents
Table of contents Key highlights of Q1,FY 24-25 03 Consolidated Results Summary 04 Segment Wise Analysis 05-08 Expenditure Analysis 10 Balance Sheet & Cash Flow 11-12 Key Financial Ratios & Cash Conversion Cycle 13 2
Slide 9: Key highlights – Q1, FY 24-25
Key highlights – Q1, FY 24-25 Revenue * EBITDA* EBITDA Margin PBT ₹ 6,588 crs ₹ 256 crs 3.9% ₹ 180 crs 101% YoY 90% YoY (20) bps 100% YoY ₹ 3,274 crs in Q1,FY 23-24 ₹ 135 crs in Q1,FY 23-24 4.1% in Q1,FY 23-24 ₹ 90 crs in Q1,FY 23-24 PBT Margin PAT PAT Margin Free Cash Flow 2.7% ₹ 140 crs 2.1% ₹ (12
Slide 10: Consolidated Results Summary
Consolidated Results Summary Particulars (INR Crs) Q1, FY 24-25 Q1, FY 23-24 % Change Income 6,580 3,272 101% Expenses 6,332 3,140 102% Operating Profit 248 132 88% Operating Profit Margin 3.8% 4.0% -0.2% Other Income 8 3 167% EBITDA 256 135 90% EBITDA Margin 3.9% 4.1% -0.2% Depreciation 54 34 59% E
Slide 11: Mobile & EMS Division
Mobile & EMS Division Revenue (INR Crs)* Operating Profit (INR Crs) 189% 223% 5,192 171 3,091 105 1,795 53 2.9% 3.4% 3.3% Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Operating Profit Margin% Q1,FY 23-24 Q1,FY 24-25 Revenue contribution 55% 79% Operating Profit 40% 69% con
Slide 12: Consumer Electronics & Appliances
Consumer Electronics & Appliances Revenue (INR Crs)* Operating Profit (INR Crs) -3% -3% 897 882 855 30 30 29 3.4% 3.4% 3.4% Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Operating Profit Margin% Q1,FY 23-24 Q1,FY 24-25 Revenue contribution 27% 13% Operating Profit contribut
Slide 13: Home appliances
Home appliances Revenue (INR Crs) Operating Profit (INR Crs) 18% 14% 294 305 30 32 259 28 11.0% 10.2% 10.6% Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Operating Profit Margin% Q1,FY 23-24 Q1,FY 24-25 Revenue contribution 8% 5% Operating Profit 22% 13% contribution ODM 10
Slide 14: Lighting Products
Lighting Products Revenue (INR Crs) Operating Profit (INR Crs) 2% -21% 222 227 197 19 14 15 8.7% 7.2% 6.8% Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Q1,FY 23-24 Q4,FY 23-24 Q1,FY 24-25 Operating Profit Margin% Q1,FY 23-24 Q1,FY 24-25 Revenue contribution 7% 3% Operating Profit 15% 6% contribution ODM 90%
Slide 15: Expenditure Analysis: Q1,FY 24-25 vs Q1,FY 23-24
Expenditure Analysis : Q1,FY 24-25 vs Q1,FY 23-24 Particulars (As a % of operating revenues) Q1, FY 24-25 Q1, FY 23-24 % Change Cost of Material Consumed 91.4% 90.3% 1.1% Employee benefit expenses 1.8% 2.1% -0.3% Finance Cost 0.4% 0.4% - Depreciation and Amortization Expense 0.8% 1.0% -0.2% Other ex
Slide 16: Balance sheet
Balance sheet Particulars (INR crs) 30th June’24 31st Mar ’24 Net Fixed Assets (A) 1,826 1,766 209 Right-of-use asset (B) 349 298 186 155 Other Non Current Assets (C) 154 91 Current Assets 94 92 Cash & Cash Equivalents 94 209 Trade Receivables 3,412 2,317 (54) Inventories 2,899 1,695 Other Current A
Slide 17: Cash Flow
Cash Flow Free Cash flow* (124) 15 Particulars (INR crs) Q1,FY 24-25 FY 23-24 Profit before tax 173 484 Depreciation & Amortization 54 162 Others ( Net interest expenses, ESOP expenses etc.) 44 69 Working capital change (162) (9) Taxes Paid (32) (122) Cash Flow from Operating Activities (A) 77 584 C
Slide 18: Key Financial Ratios & Cash Conversion Cycle
Key Financial Ratios & Cash Conversion Cycle Inventory Days Debtors Days Creditors Days Net WC Days* 36 47 90 (7) +7 days +2 days +8 days +1 days 29 in FY 23-24 45 in FY 23-24 82 in FY23-24 (8) in FY 23-24 * Working capital days for 30th Jun, 24 calculated on quarterly basis ROCE%** ROE%*** 38.4% 27
Slide 19: Thank You
l>i :x:on THANK YOU 13
Dixon Technologies (India) — Q1 FY2024-25 Earnings Presentation on 6ix