- Dixon Tech India reported a net income of 2.25 billion rupees in the first quarter, marking a 68% increase year-over-year.
- The company’s net income surpassed estimates, which were projected at 2.21 billion rupees.
- Revenue for the quarter reached 128.4 billion rupees, a 95% increase compared to the same period last year, beating the estimate of 121.55 billion rupees.
- Total costs amounted to 124.8 billion rupees, reflecting a 94% rise year-over-year.
- Dixon Tech India’s finance cost was 325.9 million rupees, an 11% increase from the previous year, and lower than the estimated 406.9 million rupees.
- The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose to 4.84 billion rupees, up by 89% from the prior year.
- Analyst recommendations include 22 buys, 4 holds, and 9 sells for Dixon Tech India.
Dixon Technologies India Ltd on Smartkarma
Analyst coverage of Dixon Technologies India Ltd on Smartkarma by Sudarshan Bhandari provides valuable insights into the company’s growth strategies and market leadership. In the research report titled “Leadership Bytes”, Dixon Technologies, alongside Metropolis Healthcare and Hitachi Energy India, shares updates on expansion plans, acquisitions, and strategic shifts. The report highlights Dixon’s focus on manufacturing expansion and strategic steps to strengthen operations, which reflect a balanced approach towards market leadership.
Sudarshan Bhandari‘s analysis indicates a bullish sentiment towards Dixon Technologies India Ltd, emphasizing the company’s efforts to expand market share and tap into emerging growth sectors. With a focus on diverse growth strategies, Dixon is strategically positioning itself for future success in the market. This research report on Smartkarma showcases the confidence and optimism surrounding Dixon’s growth trajectory and operational strategies.
A look at Dixon Technologies India Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Dixon Technologies India Ltd, the company seems to have a positive long-term outlook. With a strong growth score of 5 and impressive momentum score of 5, Dixon Technologies appears to be positioned well for future expansion and market performance. Additionally, the company has decent scores for value and resilience, indicating a balanced approach to financial health and stability.
Dixon Technologies (India) Limited, a manufacturer of consumer durables, lighting products, and mobile phones in India, demonstrates promising prospects for growth and resilience in the market. The company’s focus on innovation and ability to adapt to changing consumer demands is reflected in its high growth and momentum scores. With a diversified product range and repair services, Dixon Technologies appears well-equipped to capitalize on opportunities in the consumer electronics industry.
### Summary: Dixon Technologies (India) Limited manufactures consumer durables, lighting products, and mobile phones in India, offering a range of products including LED TVs, washing machines, bulbs, and mobile phone repair services. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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