Rahul Das Profile picture
May 25 6 tweets 2 min read Twitter logo Read on Twitter
#Dixon Tech Q4 FY23 Concall Updates :

- Margins expanded by 130 bps YoY due to change in sales mix, operating leverage, cost optimization & efficiency measures across all businesses &

via @YouTube
implementation of strategic price hikes across ODM business of washing machine & lighting.

- Strengthened balance sheet with reduction in gross debt by ₹223 Cr in the same period, net debt now at ₹68 crores, with net debt to equity of 0.06 as on 31st December 2022.
- Improved ROCE & ROE to 26.3% & 22.3%, respectively, as on 31st December '22.

- Revenues from Consumer Electronics were low about 39%, led by 17% lower volumes as Diwali was 1 month earlier.
- Co getting into new product categories, like the starting strips & rope lighting.
- New plant for LED lighting components in Dehradun will be again operational in March '23.

- Capital employed in this business has been reduced by ₹161 crores on account of huge focus on current investment.
- Margins from Home Appliance improved both YoY & QoQ, led by passing on impact of commodity cost & exchange rate fluctuations to customers, improved operating leverage & cost optimization measures.

- In Mobile phones & EMS segment got large orders from Nokia for feature phs.
- Bagged a very large order of HD Zapper set up box from Airtel & mass production will start by Q2 of next fiscal.

- Won large business of Android set-up boxes in partnership with global ODM.

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