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


Previous News
  Dixon Technologies (India)
 ( Results - Analysis 27-Oct-23   23:31 )
  Board of Dixon Technologies (India) recommends Final Dividend
 ( Corporate News - 15-May-24   16:20 )
  Blue Star Ltd Slides 1.42%
 ( Hot Pursuit - 13-Mar-23   09:45 )
  Dixon Technologies (India) consolidated net profit rises 50.59% in the June 2023 quarter
 ( Results - Announcements 25-Jul-23   16:39 )
  Padget Electronics (a Dixon arm) partners with Longcheer
 ( Corporate News - 19-Apr-24   11:31 )
  Dixon Tech gains on receiving PLI incentive
 ( Hot Pursuit - 13-Sep-22   11:30 )
  Dixon Technologies (India) to declare Quarterly Result
 ( Corporate News - 20-Oct-23   12:05 )
  Dixon Technologies (India) standalone net profit declines 21.32% in the March 2022 quarter
 ( Results - Announcements 30-May-22   15:27 )
  Dixon Technologies (India) allots 24,950 equity shares under ESOP
 ( Corporate News - 30-Nov-21   18:32 )
  Dixon Technologies (India) grants 20 lakh stock options
 ( Corporate News - 29-Jan-24   21:14 )
  Dixon Technologies (India) Limited: Ratings reaffirmed; rated amount enhanced
 ( Press Releases - 26-Aug-22   10:01 )
Other Stories
  Apollo Hospitals Enterprise
  04-Jun-24   10:04
  ITL Industries
  01-Jun-24   02:14
  International Combustion (India)
  31-May-24   11:32
  Fluidomat
  31-May-24   11:28
  ISGEC Heavy Engineering
  31-May-24   11:24
  Sreeleathers
  31-May-24   11:20
  Cummins India
  31-May-24   11:18
  Bata India
  31-May-24   09:55
  Tata Steel
  31-May-24   08:36
  India Nippon Electricals
  31-May-24   07:03
Back Top