- Net income for Dixon Tech India in the first quarter is 1.34 billion rupees, which is a 95% increase year-over-year.
- The net income surpassed the estimated figure of 1.08 billion rupees.
- Revenue is reported at 65.8 billion rupees, compared to 32.7 billion rupees year-over-year, exceeding the estimate of 54.89 billion rupees.
- Total costs for the quarter are 64.2 billion rupees, which is up from 31.9 billion rupees year-over-year.
- EBITDA stands at 2.56 billion rupees, representing a 90% increase year-over-year, and surpassing the estimate of 2.13 billion rupees.
- Dixon Tech India’s shares rose by 3% to 11,977 rupees with 898,693 shares traded.
- Analyst recommendations include 15 buys, 4 holds, and 10 sells.
Dixon Technologies India Ltd on Smartkarma
Analysts on Smartkarma, like Nitin Mangal, provide insightful coverage on Dixon Technologies India Ltd. In a recent report titled “Dixon Technologies – Forensic Analysis (Update),” Mangal expressed a bearish sentiment on the company. The analysis highlights Dixon’s growth in mobile and EMS segments, while raising concerns about stagnant performance in other areas. Key forensic issues include cash yield, accounting of refund liabilities, and the company’s ability to convert earnings to cash efficiently.
A look at Dixon Technologies India Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
In analyzing the long-term outlook for Dixon Technologies India Ltd using the Smartkarma Smart Scores, the company receives a mixed assessment. With a growth score of 4 and momentum score of 4, Dixon Technologies shows promising signs of expansion and positive market movement. Additionally, the company demonstrates a moderate level of resilience with a score of 3, indicating its ability to withstand challenges.
However, Dixon Technologies scores lower on the value and dividend fronts, with scores of 2 for both factors. This suggests that the company may not be perceived as undervalued and may not offer significant dividend returns. Overall, Dixon Technologies India Ltd, a manufacturer of consumer durables and mobile phones, appears to have a positive growth trajectory and market momentum, though its value and dividend aspects may require closer evaluation for potential investors.
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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