Dixon Technologies (india) Ltd. · NSE:DIXON

Dixon Technologies (india) — Q1 FY2023-24 Earnings Presentation

21 slides from Dixon Technologies (india)'s earnings presentation, Jul 25, 2023

  1. Slide 1: Outcome of Board Meeting

    D i xon® The brand behind brands Dixon Technologies (India) Limited 25th July, 2023 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, Mu

  2. Slide 2: Board meeting timings and signature

    Time of Commencement of Board Meeting: 2:00 P.M. Time of Conclusion of Board Meeting: 3:45 P.M. You are kindly requested to take the aforesaid on your records. Thanking You, For DIXON TECHNOLOGIES (INDIA) LIMITED ASHISH Digitally signed by ASHISH KUMAR KUMAR Date: 2023.07.25 16:10:56 +05'30' Ashish

  3. Slide 3: Limited Review Report on Standalone Results

    S.N. Dhawan & CO LLP 2 floor 51-52. Sector 18, Phase IV, Udyog Vihar, Gurugram, Chartered Accountants Haryana 122016. India Tel +91 124 481 4444 LIMITED REVIEW REPORT ON UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2023 To the Board of Directors of DIXON TECHNOLOGIES (INDIA)

  4. Slide 4: Unaudited Standalone Financial Results Q1 FY24

    DIXON TECHNOLOGIES (INDIA) LIMITED REGI STERED OFFI CE B14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2023 (Rupees in Lakhs unless otherwise stated) S.No. Particul

  5. Slide 5: Limited Review Report on Consolidated Results

    2"' floor 51-52, Sector 18, S.N. Dhawan & CO LLP Phase IV, Udyog Vihar, Gurugram, Haryana 122016, India Chartered Accountants Tel: +91 124 481 4444 LIMITED REVIEW REPORT ON UNAUDITED CONSOU DATEO FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2023 To the Board of Directors of DIXON TECHNOLOGIES (I

  6. Slide 6: 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

  7. Slide 7: Unaudited Consolidated Financial Results Q1 FY24

    DIXON TECHNOLOGIES (INDIA) LIHITTP REGISTERED OFFICE Bl4 & 15, PHASE II, NOIOA UTTAR PRADESH-201305 CIN: L32101UP1993Pt.C066581, Website: www.d l•oninfo.com STATEMENT OF UNAUDITED CONSOLIPATEP f'INANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2023 ( Rupees In Lakhs unless otherwise stated) S.No. Par

  8. Slide 8: Earning Presentation Q1, FY 23-24

    EARNING PRESENTATION Q1,FY 23-24

  9. Slide 9: Table of contents

    Table of contents Key highlights of Q1,FY 23-24 03 Consolidated Results Summary 04 Segment Wise Analysis 05 - 09 Expenditure Analysis 10 Balance Sheet & Cash Flow 11-12 Key Financial Ratios 13

  10. Slide 10: Key highlights – Q1, FY 23-24

    Key highlights – Q1, FY 23-24 Revenue * EBITDA* EBITDA Margin PBT ₹ 3,274 crs ₹ 135 crs 4.1% ₹ 90 crs 15% YoY 34% YoY 60 bps 45% YoY ₹ 2,855 crs in Q1,FY23 ₹ 101 crs in Q1,FY23 3.5% in Q1,FY23 ₹ 62 crs in Q1,FY23 PBT Margin PAT PAT Margin Free Cash Flow 2.8% ₹ 67 crs 2.1% ₹ (85) crs 60 bps 48% YoY 5

  11. Slide 11: Consolidated Results Summary

    Consolidated Results Summary Particulars (INR Crs) Q1, FY 23-24 Q1, FY 22-23 % Change Income 3,272 2,855 15% Expenses 3,140 2,755 14% Operating Profit 132 100 32% Operating Profit Margin 4.0% 3.5% 0.5% Other Income 3 0.4 578.6% EBITDA 135 101 34% EBITDA Margin 4.1% 3.5% 0.6% Depreciation 34 24 40% E

  12. Slide 12: Consumer Electronics

    Consumer Electronics Revenue (INR Crs) Operating Profit (INR Crs) -5% 19% 981 932 37 30 25 882 2.7% 3.7% 3.4% Q1,FY23 Q4,FY23 Q1,FY24 Q1,FY23 Q4,FY23 Q1,FY24 Operating Profit Margin% Q1,FY 23 Q1,FY 24 Revenue contribution 33% 27% Operating Profit 25% 22% contribution ODM 7% 29% Capital Employed 1 18

  13. Slide 13: Lighting Products

    Lighting Products Revenue (INR Crs) Operating Profit (INR Crs) -4% 16% 270 231 222 26 19 17 7.2% 9.7% 8.7% Q1,FY23 Q4,FY23 Q1,FY24 Q1,FY23 Q4,FY23 Q1,FY24 Operating Profit Margin% Q1,FY 23 Q1,FY 24 Revenue contribution 8% 7% Operating Profit 17% 15% contribution ODM 90% 90% Capital Employed 304 136

  14. Slide 14: Home appliances

    Home appliances Revenue (INR Crs) Operating Profit (INR Crs) 1% 38% 281 31 28 256 259 21 8.1% 11.0% 11.0% Q1,FY23 Q4,FY23 Q1,FY24 Q1,FY23 Q4,FY23 Q1,FY24 Operating Profit Margin% Q1,FY 23 Q1,FY 24 Revenue contribution 9% 8% Operating Profit 21% 22% contribution ODM 100% 100% Capital Employed* 329 33

  15. Slide 15: Mobile & EMS Division

    Mobile & EMS Division Revenue (INR Crs) Operating Profit (INR Crs) 38% 61% 59 1,795 53 1,410 1,305 33 2.5% 4.1% 2.9% Q1,FY23 Q4,FY23 Q1,FY24 Q1,FY23 Q4,FY23 Q1,FY24 Operating Profit Margin% Q1,FY 23 Q1,FY 24 Revenue contribution 46% 55% Operating Profit 33% 40% contribution Capital Employed 408 346

  16. Slide 16: Security Systems (Dixon 50% share)

    Security Systems (Dixon 50% share) Revenue (INR Crs) Operating Profit (INR Crs) -13% -72% 5 131 124 3.6 114 1.5 4.0% 2.9% 1.3% Q1,FY23 Q4,FY23 Q1,FY24 Q1,FY23 Q4,FY23 Q1,FY24 Operating Profit Margin% Q1,FY 23 Q1,FY 24 Revenue contribution 5% 3% Operating Profit 5% 1% contribution Capital Employed 31

  17. Slide 17: Expenditure Analysis

    Expenditure Analysis Particulars (As a % of operating revenues) Q1, FY 23-24 Q1, FY 22-23 % Change Cost of Material Consumed 90.3% 90.9% -0.6% Employee benefit expenses 2.1% 1.9% 0.2% Finance Cost 0.4% 0.5% -0.1% Depreciation and Amortization Expense 1.0% 0.8% 0.2% Other expenses 3.5% 3.7% -0.2% 10

  18. Slide 18: Balance sheet

    Balance sheet Particulars (INR crs) 30th June’23 31st Mar ’23 Net Fixed Assets (A) 1,196 1,115 Right-of-use asset (B) 305 248 259 Other Non Current Assets (C) 206 177 192 183 Current Assets 148 Cash, Bank & ST Investments 148 259 44 Trade Receivables 1,618 1,715 (77) Inventories 1,249 958 Other Curr

  19. Slide 19: Cash Flow

    Cash Flow Particulars (INR crs) Q1,FY 23-24 PBT 87 Depreciation & Amortization 34 Others ( Net interest expenses, ESOP expenses etc.) 18 Working capital change (94) Taxes Paid (18) Cash Flow from Operating Activities (A) 27 Capital expenditure (112) Other (Sales/Purchase of Investment & Other bank b

  20. Slide 20: Key Financial Ratios

    Key Financial Ratios Inventory Days Debtors Days Creditors Days Net WC Days* 32 44 81 (6) +5 days (4) days +4 days (4) days 27 in FY23 48 in FY23 77 in FY23 (2) in FY23 * Working capital days for 30th Jun, 23 calculated on quarterly basis ROCE%** ROE%*** 32.4% 23.1% (100) bps 70 bps 33.4 % FY23 22.4

  21. Slide 21: Thank You

    Dixon THANK YOU

Dixon Technologies (India) — Q1 FY2023-24 Earnings Presentation on 6ix