Dixon Technologies (India) Ltd

Dixon Technologies (India) is primarily engaged in the manufacturing of electronics as its core business activity.

Pros:
Company is expected to give good quarter
Company has good consistent profit growth of 38.05% over 5 years
Cons:
Stock is trading at 7.30 times its book value

Peer Comparison Sector: Consumer Durables // Industry: Electronics - Consumer

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
458 460 421 396 736 544 534 520 664 617 724 935
433 436 403 376 704 516 507 495 632 584 690 889
Operating Profit 25 25 19 19 32 27 27 25 32 34 34 47
OPM % 5% 5% 4% 5% 4% 5% 5% 5% 5% 5% 5% 5%
Other Income 0 1 0 1 2 0 1 1 2 0 1 0
Interest 5 4 3 3 3 2 4 5 5 6 8 10
Depreciation 2 2 3 3 4 4 4 4 5 5 6 7
Profit before tax 18 19 13 14 27 21 20 17 24 23 21 31
Tax % 23% 31% 28% 31% 31% 29% 32% 27% 34% 37% 33% 34%
Net Profit 14 13 9 10 19 15 14 13 16 14 14 20
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
568 725 1,062 1,115 1,252 1,645 2,210 2,526 2,941
564 710 1,043 1,092 1,212 1,560 2,104 2,400 2,795
Operating Profit 4 15 18 23 40 85 107 126 146
OPM % 1% 2% 2% 2% 3% 5% 5% 5% 5%
Other Income 2 0 8 1 15 0 3 4 3
Interest 9 8 8 6 7 15 13 26 29
Depreciation 4 4 4 5 6 10 14 20 23
Profit before tax -7 3 14 13 41 61 82 84 98
Tax % 20% 44% 22% 24% 12% 28% 31% 33%
Net Profit -6 2 11 10 36 44 57 56 64
EPS in Rs 50.34 49.78
Dividend Payout % -0% 16% 3% 3% 11% 15% 4% 4%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:%
5 Years:18.93%
3 Years:26.35%
TTM:25.99%
Compounded Profit Growth
10 Years:%
5 Years:38.05%
3 Years:27.71%
TTM:7.63%
Return on Equity
10 Years:%
5 Years:21.63%
3 Years:21.61%
Last Year:16.96%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
3 3 3 3 3 11 11 11
Reserves 56 57 67 76 108 179 292 349
Borrowings 114 87 87 65 70 43 45 139
92 115 111 140 149 278 333 612
Total Liabilities 265 262 269 285 330 511 681 1,111
66 66 71 76 85 129 168 207
CWIP 4 5 0 0 0 2 16 19
Investments 7 8 9 9 25 9 13 18
187 183 189 200 219 371 484 867
Total Assets 265 262 269 285 330 511 681 1,111

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
4 43 6 40 26 46 61 -12
-3 -6 2 -11 -19 -39 -97 -54
-1 -37 -9 -29 -7 -7 42 67
Net Cash Flow -0 -0 -1 0 0 -0 7 1

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 8% 15% 13% 23% 37% 33% 26%
Debtor Days 34 19 13 15 20 30 21 63
Inventory Turnover 9.82 12.73 12.02 13.35 13.41 11.39 9.56