India · Delayed Price · Currency is INR Dixon Technologies (India) Earnings Call Transcripts
Fiscal Year 2026
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Q3 FY26 saw modest revenue growth and stable profitability amid industry headwinds, with robust ROE/ROCE and strong balance sheet. Expansion in components, new JVs, and capacity additions position the business for long-term growth, despite near-term margin and demand pressures.
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Q2 FY26 saw 29% revenue growth and 37% PAT growth, with strong performance in mobiles, telecom, and IT hardware. Strategic JVs, new product launches, and export expansion underpin a positive outlook, with margin improvement expected through integration and scale.
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Q1FY26 saw revenue nearly double and PAT up 100% year-over-year, driven by strong growth in mobile, telecom, and new JVs. Backward integration and capacity expansion underpin a positive outlook, with margin improvements expected as component manufacturing ramps up.
Fiscal Year 2025
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Q4 FY25 saw revenue surge 120% YoY and adjusted PAT rise 95%, driven by strong mobile and export growth. Strategic investments in backward integration, capacity expansion, and new JVs are set to sustain momentum, with robust order books across segments and a focus on operational efficiency.
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Q3 FY25 delivered strong revenue and profit growth, led by mobile and diversified segments. Backward integration and new capacity investments are set to drive future margin expansion, with a major display fab project in the pipeline. Order books and liquidity remain robust.
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Q2 FY25 saw revenue surge 133% year-over-year to INR 11,528 crores, with strong growth in mobile and EMS, and robust order books across segments. Margin expansion is expected in 15-18 months as backward integration matures, while CapEx and new facilities support future growth.
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Q1 FY25 saw revenue double year-over-year, with strong growth in mobile, EMS, and home appliances. Strategic investments in capacity, backward integration, and new product lines are driving future growth, while margins and returns remain robust.