Fundamentally strong company & a monopoly in what they do so this in years will continue to be 🚀🚀🚀
#NiftyBulls10x #Multibagger
#DixonTechnologies 10x in 5y or 100x in 10y ?
COVID or no COVID -> Leadership position -> Strong ROE, ROCE, Consistent Sales & PAT growth -> Strong growth forecast -> #MultiBagger
Bonus: Dixon will also start making Acer laptop in India under PLI scheme
#NiftyBulls10x
Fundamentally strong company & a monopoly in what they do so this in years will continue to be 🚀🚀🚀
#NiftyBulls10x #Multibagger
They are in 🚀🚀🚀 mode
#NiftyBulls10x #Multibagger
Three key PLI benefits
*Mobile & IT h/w
*LED lighting & AC component board
*Telecom & N/w equipment
MoU signed with #Bharti #Rexxam & #Acer
Revenue expected to grow 90% from INR 6500cr to INR 12000cr🚀🚀🚀
#NiftyBulls10x #Multibagger
It has become 1st Indian company to manufacture #5G phones
Current annual capacity is 7mn which will be increased to 30mn
These are Orbic Myra 5G phones which will be exported to the US
#NiftyBulls10x #Multibagger
* Total income +50% QoQ & +71% YoY at INR 2805cr
* PAT +250% QoQ & +21% YoY at INR 63cr
* Huge Capex from to expand for future growth
* Strong tailwinds with all recent wins under PLI
🚀🚀🚀
#NiftyBulls10x #Multibagger #Monopoly
Annual turnover from this initiative is expected to be INR 1400 to 1600 cr 🚀🚀🚀
#NiftyBulls10x #Multibagger
Has partnered with BSH to manufacture automatic washing machines
Wonderful to see how they are adding more capability & growing into this large #Monopoly in Electronic manufacturing & equipments
Maybe #Semiconductor soon?
#NiftyBulls10x #Multibagger
* Andhra Pradesh Govt has allotted 10 acres of land for #Dixon to setup a unit & allocated 4 sheds for Dixon under co-operation & incentives
#NiftyBulls10x
YoY revenue forecast from this new vertical is Rs 50cr -> 600cr -> 1600cr -> 2400cr
Next fiscal expected revenue is Rs 17500cr which is 2.7x of LY revenue 🚀🚀🚀
#NiftyBulls10x #Multibagger #Dixon
#Dixon designs in-house LED lighting & produces over 300 mn units
It is in the Top 3 or 4 LED bulb manufacturers in the world whose approx size is $8Bn
#NiftyBulls10x #Multibagger
“Markets & customers are looking at China+1 sourcing. Even if you are able to get 7 to 8% of that LED bulb global market, we are talking about adding approx $500 mn through lighting revenue over next 4-5 years
#NiftyBulls10x #Multibagger
# Industry response to Govt
*Create a ‘National Semiconductor Mission’
*Better PLI Scheme as max $110 Bn possible with current PLI schemes
Expect more #PLI & #DixonTechnologies to benefit from it 🚀🚀🚀
#NiftyBulls10x #Multibagger
*Edelweiss Securities is Bullish on #DixonTechnologies & has given a Buy call in its latest report
🚀🚀🚀
#NiftyBulls10x #Multibagger
*After Edelweiss, Jefferies upgrades #Dixon Target to INR 6450 from INR 5800
*Huge beneficiary of Electronics & Mobile PLI with more to come
*From FY21-24, estimates Sales & PAT CAGR of +56%/+67% 🚀🚀🚀
#NiftyBulls10x #Multibagger
*Govt planning INR 76000 Cr for Semiconductor linked PLI schemes to make India a hub for Electronics
* #Dixon could be a beneficiary of these schemes
*Will they also partner with someone to get into semiconductor / Fab?
🚀🚀🚀
#NiftyBulls10x #Multibagger
* Now #ICICIDirect recommends #Buy call on #DixonTechnologies
* It's a beast in #Electronic manufacturing
* Works with leading brands for mfg LED TV, Washing machine, Mobile phone, Laptop, Networking equipment, etc.
🚀🚀🚀
#NiftyBulls10x #Multibagger
*Jefferies continues to remain bullish on #Dixon with a Target of INR 6450 from INR 5307
* They are also bullish on #Crompton -> part of our #Multibagger list , #Kajaria & #SupremeIndustries
#NiftyBulls10x #Multibagger
#Dixon & boAt have entered into a 50:50 JV to manufacture Bluetooth enabled audio devices
This beast get is now getting bigger 💪💪💪
🚀🚀🚀
#NiftyBulls10x #Multibagger
*India is now the 2nd largest manufacturer of mobile handsets
*Over 200 units are mfg mobile phones up from only 2 units in 2014
*Production up from 6 Cr in 2014-15 to 30 Cr mobile phones in 2020-21
*Dixon is part of this growth story
🚀🚀🚀
#NiftyBulls10x
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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
