Results     30-Jul-22
Analysis
Dixon Technologies (India)
Net jumps 151% on good operating show
 

Consolidated net sales (including other operating income) of Dixon Technologies (India) for the quarter ended Jun 2022 has increased 52.90% to Rs 2855.07 crore.  Operating profit margin has jumped from 2.56% to 3.51%, leading to 109.06% rise in operating profit to Rs 100.12 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 92.77% to 91.42%.   Employee cost decreased from 1.89% to 1.81%.   Other expenses rose from 2.83% to 3.47%.   Other income rose 10.53% to Rs 0.42 crore.  PBIDT rose 108.29% to Rs 100.54 crore.  Provision for interest rose 58.05% to Rs 14.43 crore. PBDT rose 120.01% to Rs 86.11 crore.  Provision for depreciation rose 59.97% to Rs 24.06 crore.  Profit before tax grew 157.47% to Rs 62.05 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 16.54 crore, compared to Rs 5.94 crore.  Effective tax rate was 26.69% compared to 24.65%. Minority interest was nil in both the periods.  Net profit attributable to owners of the company increased 151.65% to Rs 45.70 crore.  

Promoters’ stake was 34.30% as of 30 June 2022 ,compared to 35.03% as of 30 June 2021.  

 



Dixon Technologies (India) : Consolidated Results
 Quarter endedYear ended
Particulars202206202106Var.(%)202203202103Var.(%)
Net Sales (including other operating income)2,855.071,867.2952.9010,697.086,448.1765.89
OPM (%)3.512.5694 bps3.544.44-90 bps
OP100.1247.89109.06379.11286.5932.28
Other Inc.0.420.3810.533.811.58141.14
PBIDT100.5448.27108.29382.92288.1732.88
Interest14.439.1358.0544.2027.4461.08
PBDT86.1139.14120.01338.72260.7329.91
Depreciation24.0615.0459.9783.9543.7292.02
PBT62.0524.10157.47254.77217.0117.40
Share of Profit/(Loss) from Associates-0.080--0.060-
PBT before EO61.9724.1157.14254.71217.0117.37
EO Income00-00-
PBT after EO61.9724.1157.14254.71217.0117.37
Taxation16.545.94178.4564.3857.2112.53
PAT45.4318.16150.17190.33159.819.11
Minority Interest (MI)-0.270-0.160-
Net profit45.718.16151.65190.17159.819.01
P/(L) from discontinued operations net of tax00-00-
Net profit after discontinued operations45.718.16151.65190.17159.819.01
EPS (Rs)*7.703.06151.6532.0526.9319.01
* EPS is on current equity of Rs 11.87 crore, Face value of Rs 2, Excluding extraordinary items.
# EPS is not annualised
bps : Basis points
EO : Extraordinary items
Figures in Rs crore
Source: Capitaline Corporate Database


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