Dixon Technologies con call was today at 4:00 PM.
"Company will be focusing on expenditure in R&D and disciplined capital allocation for future growth"
Here are the key takeaways of the call. 😀
@sonalbhutra @drprashantmish6 @varinder_bansal @Milind4profits @gvkreddi
🧵👇
Opening remarks
- Company had a good all around performance with highest sales.
- Growth of 120% in revenue
- EBITDA had a robust growth of 89%.
- Growth has been broad based.
- order book continues to be very strong.
- Growth is reflected across businesses.
- Overall demand outlook remains positive
- Due to global trade mismatch in commodity prices resulted in higher input cost and disturbed supply chain
- It could disturb the ODM revenue a bit
- Company is well positioned with robust balance sheet with good cash position.
- Company is focusing towards investing in people and R&D
- Company is extremely focused towards disciplined capital allocation
LED
- govt regulation has helped in growth.
- Company did well in this segment because of backward integration, operating leverage & sales of larger size tv.
- 4.4 million capacity that is 30% of India's total requirement
- Company is expanding its capacity to 5.5 millions