Dixon Technologies (india) Ltd. · NSE:DIXON
Dixon Technologies (india) — Q3 FY2024-25 Earnings Presentation
24 slides from Dixon Technologies (india)'s earnings presentation, Jan 20, 2025
Slide 1: Outcome of Board Meeting
D i xon® The brand behind brands Dixon Technologies (India) Limited 20th January, 2025 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,
Slide 2: Terms of the ESOP grant
The Terms of the grant are as under: S. No. Particulars Description 1. Brief details of options granted The Nomination and Remuneration Committee (“Committee”) has approved the grant of 15,000 number of stock options to the employees of the Company, its Subsidiary company(ies) and Joint Venture Comp
Slide 3: ESOP grant terms (continued) and signature
Company are listed on the date immediately prior to the date of meeting of Committee on which grant is to be made. As the shares of the Company are listed on more than one stock exchange, the closing price on the stock exchange having higher trading volume shall be considered as the market price. In
Slide 4: Limited Review Report on Standalone Results
S.N. Dhawan & CO LLP Plot No. 51-52, 2nd Floor Udyog Vihar, Phase IV, Sector - 18 Chartered Accountants Gurugram, Haryana 122016, India Tel: +91 124 481 4444 LIMITED REVIEW REPORT ON UNAUDITED STANDALONE FINANCIAL RES ULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER, 2024 To the Board of Direc
Slide 5: Unaudited Standalone Financial Results
DIXON TECHNOLOGIES (INDIA) LIMI TED REGISTERED OFFICE B14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L3210lUP1993PLC066581, Website: www.(/ixoninfo.com STATEMENT OF UNAUDITE() STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE ~IONTHS ENDED 31 DECEMBER, 2 0 24 (Ru pees in Lakhs unless otherwi
Slide 6: Limited Review Report on Consolidated Results
S.N. Dhawan & CO LLP Plot No. 51-52, 2nd Floor Udyog Vihar, Phase IV, Sector - 18 Chartered Accountants Gurugram, Haryana 122016, India Tel: +91 124 481 4444 LIMITED REVIEW REPORT ON UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER, 2024 To the Board of Dire
Slide 7: Subsidiaries and joint ventures list
Name of the Company Relation Percentage of ownership interest Dixon Teletech Private Limited Subsidiary 100% 0ncoroorated on 28 September 2024) Dixon IT Devices Private Limited Subsidiary 100% (Incorporated on 19 September, 2024) Dixon Electroconnect Private Limited Subsidiary 100% (Incorporated on
Slide 8: Unaudited Consolidated Financial Results
m TECtJNOLQ.G,IES CINPIAl LIM.U.E.D. R.EfilSJERED OFFICI;__ 8 14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L3210 1UP1993PLC066581, Websit e: WWW .dixoninfo.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ANO NINE MONTHS ENDED 31 DECEMBER, 2024 (Rupees in Lakhs unless o
Slide 9: Notes to Consolidated Financial Results
DIXON TECHNOLOGIES <INDIA} LIMITED REGISTERED OFFICE B14 & 15,PHASE II, NOIOA UTTA R PRADESH-201305 CJ N: L32101UP1993PLC066581, Website: www.dlxonlnfo.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER, 2024 Notes: These consolidated financia
Slide 10: The brand behind brands - Q3 & 9M FY 24-25
V I D ixon® EARNINGS PRESENTATION ~'•'+ Years The brand behind brands Q3 & 9 Months FY 24-25 " , . ,I
Slide 11: Table of Contents
l>i xon Table of Contents Key highlights of Q3 & 9 Months FY24-25 1-2 Consolidated Results Summary 3-4 Segment Wise Analysis 5-8 Expenditure Analysis 9 Balance Sheet & Cash Flow 10-11 Key Financial Ratios & Cash Conversion Cycle 12
Slide 12: Key highlights – Q3 FY 24-25
Key highlights – Q3 FY 24-25 l>i xon Revenue * EBITDA* 0 EBITDA Margin 6oD ₹10,461 crs ₹ 398 crs 3.8% 117% YoY 113% YoY (10) bps ₹ 4,821 crs in Q3,FY24 ₹ 187 crs in Q3,FY24 3.9% in Q3,FY24 PBT PBT Margin PAT PAT Margin ₹ 286 crs 2.7% ₹ 217 crs 2.1% 127% YoY 10 bps 124% YoY 10 bps ₹ 126 crs in Q3,FY2
Slide 13: Key highlights – 9 Months FY 24-25
Key highlights – 9 Months FY 24-25 l>i xon Revenue * EBITDA* EBITDA Margin PBT(Reported) PBT Margin (Reported) ₹ 28,577 crs ₹ 1074 crs 3.8% ₹ 995 crs 3.5% 119% YoY 106% YoY (20) bps 173% YoY 70 bps ₹ 13,039 crs in 9M,FY24 ₹ 521 crs in 9M,FY24 4.0% in 9M,FY24 ₹ 364 crs in 9M,FY24 2.8% in 9M,FY24 PBT(
Slide 14: Consolidated Results Summary - Including Exceptional Item
Consolidated Results Summary - Including Exceptional Item l>i xon Particulars (INR Crs) Q3 FY 24-25 Q3 FY 23-24 % Change 9M FY 24-25 9M FY 23-24 % Change Income 10,454 4,819 117% 28,568 13,033 119% Expenses 10,063 4,634 117% 27,503 12,518 120% Operating Profit 391 185 111% 1,065 515 107% Operating P
Slide 15: Consolidated Results Summary – Excluding Exceptional Item
Consolidated Results Summary – Excluding Exceptional Item l>i xon Particulars (INR Crs) Q3 FY 24-25 Q3 FY 23-24 % Change 9M FY 24-25 9M FY 23-24 % Change Income 10,454 4,819 117% 28,568 13,033 119% Expenses 10,063 4,634 117% 27,503 12,518 120% Operating Profit 391 185 111% 1,065 515 107% Operating P
Slide 16: Mobile & EMS Division
Mobile & EMS Division l>i :x:on Revenue (INR Crs)* Operating Profit (INR Crs) 190% 210% Q3, FY 24 Q3, FY 25 -1% 5% □ :□ 9,444 9,305 308 322 Revenue contribution 67% 89% Operating Profit 57% 83% contribution 3,214 104 3.2% 3.3% 3.5% Q3,FY24 Q2,FY25 Q3,FY25 Q3,FY24 Q2,FY25 Q3,FY25 EMS Division *Q3 FY2
Slide 17: Consumer Electronics & Appliances (LED TV & Refrigerator)
Consumer Electronics & Appliances (LED TV & Refrigerator) l>i xon Revenue (INR Crs)* Operating Profit (INR Crs) -32% -31% Q3, FY 24 Q3, FY 25 1,413 -55% -58% Revenue contribution 19% 6% 52 Operating Profit 929 17% 6% contribution 32 633 22 ODM 35% a Jlliii 57% 3.4% 3.7% 3.5% Q3,FY24 Q2,FY25 Q3,FY25
Slide 18: Home Appliances
Home Appliances l>i xon Revenue (INR Crs) Operating Profit (INR Crs) Q3, FY 24 Q3, FY 25 9% 7% 70 -29% -35% 60 Revenue contribution 6% 3% 50 444 49 Operating Profit 40 16% 8% 30 contribution 288 315 32 30 20 10 ODM 100% >>> 100% 10.4% 11.0% 10.2% - Q3,FY24 Q2,FY25 Q3,FY25 Q3,FY24 Q2,FY25 Q3,FY25 Rev
Slide 19: Lighting Products
Lighting Products l>i xon Revenue (INR Crs) Operating Profit (INR Crs) 25 7% Q3, FY 24 Q3, FY 25 8% 20 -14% -18% Revenue contribution 4% 2% 17 15 14 Operating Profit 233 13 10 contribution 7% 4% 187 201 5 ODM 94% 93% 7.0% 7.2% 7.1% - Q3,FY24 Q2,FY25 Q3,FY25 Q3,FY24 Q2,FY25 Q3,FY25 Revenue (INR Crs)
Slide 20: Expenditure Analysis – Q3 & 9 Months FY 24-25 & FY 23-24
Expenditure Analysis – Q3 & 9 Months FY 24-25 & FY 23-24 l>i xon Particulars (As a % of operating revenues) Q3 FY 24-25 Q3 FY 23-24 % Change Cost of Material Consumed 92.6% 91.1% 1.5% Employee benefit expenses 1.5% 1.8% -0.3% Finance Cost 0.4% 0.5% -0.1% Depreciation and Amortization Expense 0.7% 0.
Slide 21: Balance sheet
Balance sheet l>i xon Particulars (INR crs) 31st Dec ’24 31st Mar ’24 Net Fixed Assets (A) 2,378 1,766 361 Right-of-use asset (B) 386 298 Other Non Current Assets (C) 456 91 222 Current Assets 209 155 Cash & Cash Equivalents 222 209 139 Trade Receivables 5,869 2,317 Inventories 3,464 1,695 (54) Othe
Slide 22: Cash Flow
Cash Flow l>i xon Free Cash flow* 98 Particulars (INR crs) 9M FY 24-25 Profit before tax 980 Depreciation & Amortization 195 Others ( Net interest expenses, ESOP expenses etc.) 187 Free Cash Flow (crs) (Profit)/Loss on disinvestment of shares in joint venture (210) 195 Working capital change (218) 9
Slide 23: Key Financial Ratios & Cash Conversion Cycle
Key Financial Ratios & Cash Conversion Cycle l>i xon Inventory Days Debtors Days Creditors Days Net WC Days* 30 51 84 (3) 1 days 6 days 2 days 5 days 29 in FY24 45 in FY24 82 in FY24 (8) in FY24 * Working capital days calculated on the quarterly basis ROCE%** ROE%*** ROE%**** (Reported) (Adjusted) 4
Slide 24: Thank You
l>i xon THANK YOU
Dixon Technologies (India) — Q3 FY2024-25 Earnings Presentation on 6ix