Dixon Technologies (india) Ltd. · NSE:DIXON
Dixon Technologies (india) — Q2 FY27 Earnings Presentation
30 slides from Dixon Technologies (india)'s earnings presentation, Oct 30, 2026
Slide 1: Outcome of Board Meeting letter
Dixon Technologies (India) Limited 30th October, 2026 To To Secretary Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai – 400 051 Dalal Street, M
Slide 2: Board meeting timings and signature
The details as required under Regulations 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30 th January, 2026, are enclosed herewith in Annexure-A. Time of Commencement of Board Meeting: 2: 16 P.M. (IST) Time of Conclusion of Board
Slide 3: Annexure-A: Director appointment details
ANNEXURE-A The details as required under Regulations 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January, 2026 are as under: S.No. Particulars Details 1. Name of Director Mr. Prithvi Vachani 2. DIN 08247706 3. Reason for c
Slide 4: Review Report on Unaudited Standalone Financial Results
S N Dhawan & CO LLP 51-52, Sector 18, Phase-IV, Udyog Vihar, Gurugram, Haryana 122015, India Chartered Accountants Tel +91 124 481 4444 Review Report on Unaudited Standalone Financial Results To the Board of Directors of DIXON TECHNOLOGIES (INDIA) LIMITED 1. We have reviewed the accompanying Stateme
Slide 5: Statement of Standalone Financial Results
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE OUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2026 (Rupees in Crores unless otherwise stated) S. No.
Slide 6: Standalone Balance Sheet
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STANDALONE BALANCE SHEET AS AT 30 SEPTEMBER 2026 (Rupees in Crores unless otherwise stated) As at As at 30-Sep-2026 31-Mar-2026 Unaudited Audited
Slide 7: Standalone Statement of Cash Flows
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STANDALONE STATEMENT OF CASH FLOWS FOR THE HALF YEAR ENDED 30 SEPTEMBER 2026 (Rupees in Crores unless otherwise stated) Half year ended Half year
Slide 8: Review Report on Unaudited Consolidated Financial Results
S N Dhawan & CO LLP 51-52, Sector 18, Phase-IV, Udyog Vihar, Gurugram, Haryana 122015, India Chartered Accountants Tel +91 124 481 4444 Review Report on Unaudited Consolidated Financial Results To the Board of Directors of DIXON TECHNOLOGIES (INDIA) LIMITED 1. We have reviewed the accompanying State
Slide 9: Auditor report: subsidiaries not reviewed
7. We did not review the interim financial results three subsidiaries included in the Statement, whose interim financial results reflect total assets of Rs. 3,887.77 crores as at 30 September 2026, and total revenues of Rs. 5,335.16 crores and Rs. 7,671.66 crores, total net profit after tax of Rs. 5
Slide 10: Annexure: subsidiaries and joint ventures
Annexure 1 The Consolidated annual financial results of Dixon Technologies (India) Limited ('the Holding Company") include the financial results of its subsidiaries and joint ventures as listed below: Name of the company Percentage of ownership interest Subsidiaries Pad et Electronics Private Limite
Slide 11: Statement of Consolidated Financial Results
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE 814 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2026 (Rupees in Crores unless otherwise stated) S. No
Slide 12: Notes to consolidated financial results
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE 11, NOIDA UITAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2026 Notes: 1 These consolidated financial results of
Slide 13: Consolidated Balance Sheet
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com CONSOLIDATED BALANCE SHEET AS AT 30 SEPTEMBER 2026 (Rupees in Crores unless otherwise stated) As at As at 30-See-2026 31-Mar-2026 Unaudited Audite
Slide 14: Consolidated Statement of Cash Flows
DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE 11, NOIDA I-JITAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE HALF YEAR ENDED 30 SEPTEMBER 2026 (Rupees in Crores unless otherwise stated) Half year ended Half y
Slide 15: Q2 & H1 FY26-27 Earnings Presentation
Dixon Technologies The brand behind brands Q2 & H1 FY26-27 Earnings Presentation Consolidated Performance Overview 30th Oct 2026
Slide 16: Table of Contents
Table of Contents 1 Cover 2 Table of Contents Dixon — The brand behind brands Sections and navigation 3 Executive Summary — Q2 FY27 4 Executive Summary — Q2 FY27 01 02 Key highlights (Reported) Key highlights (Adjusted) 5 H1 FY27 Performance Overview 6 H1 FY27 Performance Overview 03 Half Yearly met
Slide 17: Executive Summary — Q2 FY27 (Reported)
Executive Summary — Q2 FY27 Performance highlights Reported PBT REVENUE* EBITDA* EBITDA* MARGIN Before Minority Interest ₹21,863 crs ₹666 crs 3.1% ₹532 crs +42% YoY -37% YoY -400 bps -42% YoY ₹15,351 crs in Q2,FY26 ₹1,057 crs in Q2,FY26 7.1% in Q2,FY26 ₹924 crs in Q2,FY26 PBT MARGIN PAT PAT MARGIN P
Slide 18: Executive Summary — Q2 FY27 (Adjusted)
Executive Summary — Q2 FY27 Performance highlights Adjusted PBT REVENUE* EBITDA* EBITDA* MARGIN Before Minority Interest ₹21,806 crs ₹609 crs 2.8% ₹475 crs +47% YoY +8% YoY -100 bps +10% YoY ₹14,858 crs in Q2,FY26 ₹564 crs in Q2,FY26 3.8% in Q2,FY26 ₹431 crs in Q2,FY26 PBT MARGIN PAT PAT MARGIN PAT
Slide 19: H1 FY27 Performance Overview (Reported)
H1 FY27 Performance Overview Performance highlights Reported PBT REVENUE* EBITDA* EBITDA* MARGIN Before Minority Interest ₹37,938 crs ₹1,657 crs 4.4% ₹1,401 crs +35% YoY +8% YoY -120 bps +9% YoY ₹28,188 crs in H1 FY26 ₹1,541 crs in H1 FY26 5.6% in H1 FY26 ₹1,289 crs in H1 FY26 PBT MARGIN PAT PAT MAR
Slide 20: H1 FY27 Performance Overview (Adjusted)
H1 FY27 Performance Overview Performance highlights Adjusted REVENUE* EBITDA* EBITDA* MARGIN PBT Before Minority Interest ₹37,362 crs ₹1,081 crs 2.9% ₹825 crs +35% YoY +3% YoY -90 bps +4% YoY ₹27,695 crs in H1 FY26 ₹1,048 crs in H1 FY26 3.8% in H1 FY26 ₹796 crs in H1 FY26 PBT MARGIN PAT PAT MARGIN P
Slide 21: Consolidated P&L Statement (Reported)
Consolidated P&L Statement Q2 FY27 vs FY26 & H1 FY27 vs FY26 Reported Particulars (Crs) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Income 21,794 14,855 47% 37,341 27,691 35% Expenses 21,197 14,294 48% 36,281 26,647 36% Operating Profit 597 561 6% 1,060 1,044 2% Operating Profit Margin 2.7% 3.8% -1.1% 2
Slide 22: Consolidated P&L Statement (Adjusted)
Consolidated P&L Statement Q2 FY27 vs FY26 & H1 FY27 vs FY26 Adjusted Particulars (Crs) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Income 21,794 14,855 47% 37,341 27,691 35% Expenses 21,197 14,294 48% 36,281 26,647 36% Operating Profit 597 561 6% 1,060 1,044 2% Operating Profit Margin 2.7% 3.8% -1.1% 2
Slide 23: Mobile & Other EMS Division
Mobile & Other EMS Division Revenue (Crs)¹ Operating Profit (Crs) 50% 8% Q2 FY26 Q2 FY27 42% 36% Revenue contribution 92% 90% 20,093 509 472 14,179 373 13,361 Operating Profit 84% 85% contribution 3.5% 2.6% 2.5% Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Other EMS Division ¹Q2 FY27 Revenue incl
Slide 24: Consumer Electronics & Appliances (LED TV & Refrigerator)
Consumer Electronics & Appliances (LED TV & Refrigerator) Revenue (Crs)¹ Operating Profit (Crs) Q2 FY26 Q2 FY27 17% 3% Revenue contribution 13% -31% 6% 5% 58 987 1,115 7% 7% 956 Operating Profit contribution 39 40 4.1% 5.9% 3.6% 60% 66% ODM Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 ¹Q2 FY27 Re
Slide 25: Home Appliances
Home Appliances Revenue (Crs) Operating Profit (Crs) Q2 FY26 Q2 FY27 37% -4% 3% 53% 50% 3% Revenue contribution 50 48 586 Operating Profit 9% 8% 429 32 382 contribution 11.7% 8.4% 8.3% 100% 100% ODM Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Revenue (Crs) Operating Profit (Crs)
Slide 26: Expenditure Analysis
Expenditure Analysis Particulars (As a % of operating revenues) Q2 FY27 Q2 FY26 % Change Cost of Material Consumed 94.9% 92.9% 2.0% Employee benefit expenses 1.0% 1.3% -0.3% Finance Cost 0.1% 0.3% -0.2% Depreciation and Amortization Expense 0.5% 0.6% -0.1% Other expenses 1.3% 2.0% -0.7% Particulars
Slide 27: Balance sheet
Balance sheet 1,241 Particulars (INR Crs) 30th Sep’26 31st Mar ’26 Net Fixed Assets (A) 4,297 3,911 669 596 Right-of-use asset (B) 859 831 468 Non Current Assets (C) 1,561 904 73 Current Assets Cash, Bank & ST Investments 596 1,241 (773) Trade Receivables 12,401 6,530 Inventories 7,064 3,837 30th Se
Slide 28: Cash Flow
Cash Flow Free Cash flow* (980) 724 th st Particulars (INR Crs) 30 Sep’26 31 Mar’26 Profit before tax 1,390 2,049 Depreciation & Amortization 217 393 Others ( Net interest expenses, ESOP expenses etc.) 53 224 Notional Gain on fair value measurement of equity instruments¹ (576) (671) Gain on transfer
Slide 29: Key Financial Ratios & Cash Conversion Cycle
Key Financial Ratios & Cash Conversion Cycle Adjusted Inventory Days Debtors Days Creditors Days Net Working Capital Days* 29 52 83 (2) (4) days 0 days (10) days 6 days 33 in FY26 52 in FY26 93 in FY26 (8) in FY26 * Working capital days calculated on the quarterly basis ROCE** ROE*** 29.7% 22.2% -1,
Slide 30: Thank You
Dixon THANK YOU
Dixon Technologies (India) — Q2 FY27 Earnings Presentation on 6ix