About Dixon Technologies
Dixon Technologies is a leading company in the electronic manufacturing services (EMS) sector. The company provides design-focused solutions in consumer durables, home appliances, lighting, mobile phones, and security devices, as well as offering repair and refurbishment services for a wide range of products including set top boxes, mobile phones, and LED TV panels. Dixon Technologies primarily serves the consumer electronics industry. It is based in Noida, India.
Latest Dixon Technologies News
Nov 23, 2023
Strong revenue growth run rate continues 23 Nov 2023, 09:45 AM IST 23 Nov 2023, 09:45 AM IST WhatsApp BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. Motilal Oswal Report The July-September quarter is a seasonally weak period for the EMS industry. However, Q2 FY24 witnessed a strong growth trajectory with minor roadblocks in the form of margin pressure due to company-specific factors. In this report, we present insights based on Q2 FY24 results and management commentaries of major EMS players – Kaynes Technology India Ltd., Avalon Technologies Ltd., Syrma SGS Technology Ltd., Cyien DLM Ltd., Data Patterns India Ltd., Dixon Technologies India Ltd. and Amber Enterprises India Pvt. Ltd. The Q2 FY24 performance was characterised by strong revenue growth but minor short-term margin impact due to company-specific business adjustments to sustain such growth trends for the long term. Among EMS players, Cyient DLM posted the highest revenue growth (up 72% YoY), while Kaynes and Syrma recorded the highest order inflow (up 2.4 times/2.2 times YoY). The EMS basket witnessed margin pressure, with Cyient DLM/Avalon reporting a contraction of 580 basis points/540 basis points due to lower raw material costs in the base quarter and adverse operating leverage, respectively. Data Patterns registered the highest margin expansion (340 bp YoY). The growth momentum is expected to pick up pace in H2 FY24 (seasonally better half), led by strong execution of the large order book as on H1, coupled with continued order inflows from the existing and newer end-user industries. Click on the attachment to read the full report: Motilal Oswal EMS Sector Update.pdf View Document
Dixon Technologies Frequently Asked Questions (FAQ)
Where is Dixon Technologies's headquarters?
Dixon Technologies's headquarters is located at B - 14 & 15, Noida.
What is Dixon Technologies's latest funding round?
Dixon Technologies's latest funding round is IPO.