Discover and read the best of Twitter Threads about #DixonTechnologies

Most recents (4)

#Dixon key beneficiary of GOI PLI scheme
Through its subsidiary Padget electronics, Dixon made 2 applications for phones costing < 15000 ,70% India mobile mkt share
Incentive of 4 to 6% under PLI subject to a cap
Total investment 200crs ,50 cr/yr till 2025
Post expansion revenue share of mobiles to jump to 44 from 12% currently
Ramp up capacity from 3 mn today to 15-16 mn over next few yrs ,aim for revenue 28-30000 crs over next 5 yrs
In talks 3 large players

Set top boxes, delivered 5.2 lakh to jio,dish,Citi
Order book 0.3mn/mon
Dixon is both OEM Player & ODM ( original design manufacturer)
Expanding capacities in Android & Linux TV ,semi automatic and top load washing machines
Current capacity 4 mn TV sets ,30%LED Mkt,acquired new customers Samsung,Nokia,Ramos capacity to 5.5 mn
#Nifty #stocks
Read 6 tweets
Inviting giants like #Apple, #Samsung & #Foxconn to set up mobile phone manufacturing facilities in India could prove to be a double edged sword for well established Indian contract manufacturers like Dixon Technologies for various reasons. Key among these are....(contd)
Key reasons for concern:
Giant scale manufacturing could mean lower costs which in turn could increase cost competitiveness and reduce margins for existing manufacturers
Government providing financial and policy help could encourage existing clientele to start their own distributed manufacturing hubs and control and future proof their supply chains
Read 10 tweets
Dixon Technologies CMP 3435
👉Revenues for Q2 FY20 surged 90% YOY
👉Consumer electronics drove the top line growth
👉Gross margin improved, operating margins stable
👉Planning capacity exapnsion across multiple biz lines
👉A play to ride the Make-in-India theme
👉Biz continues to exhibit strength on most fronts even as consumer demadn is weakening due to slowing domestic economy
👉Strong volume offtake from Xiaomi (major client)
👉enjoy 50% market share in the lighting biz
👉Supplies to all major cos like CG, Syska, Philips, Orient etc
👉Home appliances vol jumped on the back of new client additions
👉Improvement in Capacity utilization
👉Planning to start production of semi-automatic machines for its new client from December onwards
👉Acquired Padget electronics (wholly owned subsidiary)
Read 8 tweets

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