Dixon Technologies (india) Ltd. · NSE:DIXON
Dixon Technologies (india) — Q2 & H1 FY2024-25 Earnings Presentation
28 slides from Dixon Technologies (india)'s earnings presentation, Oct 24, 2024
Slide 1: Outcome of Board Meeting
Dixon Technologies (India) Limited 24th October, 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, M
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 1,85,000 numbers of stock options to the employees of the Company and its Subsidiary company(ies) and Joint Ventur
Slide 3: ESOP terms continued and signature
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 any case, the exercise price shall not go below the face value of Equity shares of the Company. 13. Subsequent cha
Slide 4: Limited Review Report on Standalone 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 RESULTS FOR THE QUARTER AND HALF-YEAR ENDED 30 SEPTEMBER, 2024 To the Board of Direct
Slide 5: Standalone Unaudited Financial Results
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE 614 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER, 2024 (Rupees in Lakhs unless otherwise state
Slide 6: Standalone Balance Sheet
DIXON TECHNOLOGIES {INDIA) LIMITED REGISTERED OFFICE 814 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN : L32101UP1993PLC066581, Website : www .di xoninfo.com STANDALONE BALANCE SHEET AS AT 30 SEPTEMBER, 2024 (Rupees in Lakhs unless otherwise stated) As at As at 30-Sep-2024 31-Mar-2024 Unaudited Audi
Slide 7: Standalone Statement of Cash Flow
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN : L32101UP1993PLC06658.1, Website : www.dixoninfo.com STANDALONE STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED 30 SEPTEMBER, 2024 (Rupees in Lakhs unless otherwise stated) Half year ended Half yea
Slide 8: Limited Review Report on Consolidated 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 CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF-YEAR ENDED 30 SEPTEMBER, 2024 To the Board of D
Slide 9: Subsidiaries and Joint Ventures List
Name of the Company Relation Percentage of ownership interest (Incorporated on 19 September, 2024) Dixon Electroconnect Private Limited Subsidi_ary 100% (Incorporated on 20 September, 2024) lsmartu India Private Limited Subsidiary 50.10% (W.e.f. 14 August,2024) Rexxam Dixon Electronics Private Limit
Slide 10: Consolidated Unaudited Financial Results
DIXON TECHNOLOGIES rINDIAl LIMITED REGISTERED OFFICE Bl4 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninro.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER, 2024 (Rupees in Lakhs unless otherwise sta
Slide 11: Notes to Consolidated Financial Results
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE 814 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN : L32101UP1993PLC066581, Website : www.dixoninfo.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER, 2024 Notes: These consolidated financial
Slide 12: Consolidated Balance Sheet
DIXON TECHNOLOGIES (INDIA} LIMITED REGISTERED OFFICE B14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www .dixoninfo.com CONSOLIDATED BALANCE SHEET AS AT 30 SEPTEMBER, 2024 (Rupees in Lakhs unless otherwise stated) As at As at 30-Sep-2024 31-Mar- 2024 Unaudited Audi
Slide 13: Consolidated Statement of Cash Flow
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.di xoninfo.com CONSOLIDATED STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED 30 SEPTEMBER, 2024 (Rupees in Lakhs unless otherwise stated) Half year ended Half yea
Slide 14: Earnings Presentation Q2 & H1 FY 24-25
EARNINGS PRESENTATION Q2 & H1- FY 24-25 1
Slide 15: Table of contents
Table of contents Key highlights of Q2 & H1- FY 24-25 3-4 Consolidated Results Summary 5-6 Segment Wise Analysis 7-10 Expenditure Analysis 11 Balance Sheet & Cash Flow 12-13 Key Financial Ratios & Cash Conversion Cycle 14 2
Slide 16: Key highlights – Q2, FY 24-25
Key highlights – Q2, FY 24-25 Revenue * EBITDA* EBITDA Margin PBT(Reported) PBT Margin(Reported) ₹11,528 crs ₹420 crs 3.6% ₹529 crs 4.6% 133% YoY 110% YoY (40) bps 255% YoY 160 bps ₹ 4,944 crs in Q2,FY24 ₹ 200 crs in Q2,FY24 4.0% in Q2,FY24 ₹ 149 crs in Q2,FY24 3.0% in Q2,FY24 PBT(Adjusted) PBT Marg
Slide 17: Key highlights – H1, FY 24-25
Key highlights – H1, FY 24-25 Revenue * EBITDA* EBITDA Margin PBT(Reported) PBT Margin (Reported) ₹ 18,116 crs ₹ 676 crs 3.7% ₹ 708 crs 3.9% 120% YoY 102% YoY (40) bps 196% YoY 100 bps ₹ 8,218 crs in H1,FY24 ₹ 334 crs in H1,FY24 4.1% in H1,FY24 ₹ 239 crs in H1,FY24 2.9% in H1,FY24 PBT(Adjusted) PBT
Slide 18: Consolidated Results Summary - Including Exceptional Item
Consolidated Results Summary - Including Exceptional Item Particulars (INR Crs) Q2, FY 24-25 Q2, FY 23-24 % Change H1, FY 24-25 H1, FY 23-24 % Change Income 11,534 4,943 133% 18,114 8,215 120% Expenses 11,108 4,744 134% 17,440 7,885 121% Operating Profit 426 199 114% 674 330 104% Operating Profit Ma
Slide 19: Consolidated Results Summary – Excluding Exceptional Item
Consolidated Results Summary – Excluding Exceptional Item Particulars (INR Crs) Q2, FY 24-25 Q2, FY 23-24 % Change H1, FY 24-25 H1, FY 23-24 % Change Income 11,534 4,943 133% 18,114 8,215 120% Expenses 11,108 4,744 134% 17,440 7,885 121% Operating Profit 426 199 114% 674 330 104% Operating Profit Ma
Slide 20: Mobile & EMS Division
Mobile & EMS Division Revenue (INR Crs)* Operating Profit (INR Crs) 235% 231% Q2, FY 24 Q2, FY 25 82% 80% 9,444 308 Revenue contribution 57% 82% Operating Profit 47% 73% 5,192 171 contribution 2,819 93 3.3% 3.3% 3.3% Q2,FY24 Q1,FY25 Q2,FY25 Q2,FY24 Q1,FY25 Q2,FY25 EMS Division *Q2 FY25 Revenue inclu
Slide 21: Consumer Electronics & Appliances (LED TV & Refrigerator)
Consumer Electronics & Appliances (LED TV & Refrigerator) Revenue (INR Crs)* Operating Profit (INR Crs) -2% 6% Q2, FY 24 Q2, FY 25 65% 79% Revenue contribution 29% 12% 52 1,440 49 1,413 Operating Profit 25% 12% contribution 855 29 ODM 33% 54% 3.4% 3.4% 3.7% Q2,FY24 Q1,FY25 Q2,FY25 Q2,FY24 Q1,FY25 Q2
Slide 22: Home Appliances
Home Appliances Revenue (INR Crs) Operating Profit (INR Crs) Q2, FY 24 Q2, FY 25 22% 17% 70 46% 53% 60 Revenue contribution 7% 4% 50 444 49 Operating Profit 21% 11% contribution 40 364 42 305 30 32 100% 100% 20 ODM 10 11.6% 10.6% 11.0% - Q2,FY24 Q1,FY25 Q2,FY25 Q2,FY24 Q1,FY25 Q2,FY25 Revenue (INR C
Slide 23: Lighting Products
Lighting Products Revenue (INR Crs) Operating Profit (INR Crs) 25 29% Q2, FY 24 Q2, FY 25 31% 20 3% 13% Revenue contribution 4% 2% 17 15 15 Operating Profit 227 233 13 10 contribution 6% 4% 181 5 ODM 90% 92% 7.0% 6.8% 7.2% - Q2,FY24 Q1,FY25 Q2,FY25 Q2,FY24 Q1,FY25 Q2,FY25 Revenue (INR Crs) Operating
Slide 24: Expenditure Analysis
Expenditure Analysis – Q2,FY 24-25 vs Q2,FY 23-24 Particulars (As a % of operating revenues) Q2, FY 24-25 Q2, FY 23-24 % Change Cost of Material Consumed 92.4% 90.4% 2.0% Employee benefit expenses 1.3% 1.9% -0.6% Finance Cost 0.3% 0.3% - Depreciation and Amortization Expense 0.6% 0.7% -0.1% Other ex
Slide 25: Balance sheet
Balance sheet Particulars (INR crs) 30th Sep ’24 31st Mar ’24 Net Fixed Assets (A) 2,218 1,766 362 Right-of-use asset (B) 385 298 Other Non Current Assets (C) 575 91 242 Current Assets 209 155 Cash & Cash Equivalents 242 209 120 Trade Receivables 7,781 2,317 Inventories 3,699 1,695 (54) Other Curren
Slide 26: Cash Flow
Cash Flow Free Cash flow* 38 Particulars (INR crs) H1, FY 24-25 Profit before tax 699 Depreciation & Amortization 121 Others ( Net interest expenses, ESOP expenses etc.) 113 (Profit)/Loss on disinvestment of shares in joint venture (210) Working capital change (215) Taxes Paid (106) Cash Flow from O
Slide 27: Key Financial Ratios & Cash Conversion Cycle
Key Financial Ratios & Cash Conversion Cycle Inventory Days Debtors Days Creditors Days Net WC Days* 28 60 91 (3) (1) days 15 days 9 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) 38.9%
Slide 28: Thank You
l>i :x:on THANK YOU
Dixon Technologies (India) — Q2 & H1 FY2024-25 Earnings Presentation on 6ix