#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

#Dixon at one stage was +5% today however ended at +2.67%

Fundamentally strong company & a monopoly in what they do so this in years will continue to be 🚀🚀🚀

#NiftyBulls10x #Multibagger
#DixonTechnologies has received approval from #GOI under PLI scheme for manufacturing of Telecom & Networking products

They are in 🚀🚀🚀 mode

#NiftyBulls10x #Multibagger
#DixonTechnologies will have a 🚀🚀🚀 year

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
#DixonTechnologies in news again

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
#DixonTechnologies Q2'21 results to be declared on 29th Oct

#NiftyBulls10x #Multibagger
#DixonTechnologies Q2 result 🚀🚀🚀

* 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
#DixonTechnologies has entered into JV with #BeetelTeletech for manufacturing of Telecom & Networking products

Annual turnover from this initiative is expected to be INR 1400 to 1600 cr 🚀🚀🚀

#NiftyBulls10x #Multibagger
#DixonTechnologies

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
#DixonTechnologies in news

* 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
#DixonTechnologies will manufacture #Acer laptop in #India under the #PLI scheme

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
#DixonTechnologies has huge global aspirations & is targeting the global LED bulb market

#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
#DixonTechnologies CEO Atul Lall has said
“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
Govt targets $300Bn Electronics mfg by 2025-26

# 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
#DixonTechnologies

*Edelweiss Securities is Bullish on #DixonTechnologies & has given a Buy call in its latest report

🚀🚀🚀

#NiftyBulls10x #Multibagger
#DixonTechnologies 🚀🚀🚀

*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
#DixonTechnologies

*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
#DixonTechnologies

* 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
#DixonTechnologies 🚀🚀🚀

*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
#DixonTechnologies

#Dixon & boAt have entered into a 50:50 JV to manufacture Bluetooth enabled audio devices

This beast get is now getting bigger 💪💪💪

🚀🚀🚀

#NiftyBulls10x #Multibagger
#DixonTechnologies

*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
#DixonTechnologies

*PLI scheme is turning India into a Mobile manufacturing hub
*Xiaomi, Oppo & Vivo are exploring mobile manufacturing in India and exporting to the world
*While Oppo & Vivo are in talks with Lava, its reported that Xiaomi is in talks with #Dixon

#NB10x
#DixonTechnologies

*Only 2-3 of 14 companies selected under IT hardware PLI are likely to meet 1st year targets
*These include Dell, Micromax and Dixon
*Inadequate sops, global supply chain issues and chip shortage are cited as key issues for shortfall

#NB10x

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Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

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