Dixon Technologies has announced its financial results for the fourth quarter (Q4) and the full financial year 2024-25. The company, a prominent player in India's electronic manufacturing services (EMS) market, has demonstrated significant growth, particularly in its Q4 performance.
Q4 Financial Performance
Dixon Technologies has reported a remarkable surge in its Profit After Tax (PAT) for Q4, soaring by 379% year-on-year (YoY) to reach Rs 465 crore. This substantial increase in profitability underscores the company's enhanced operational efficiency and effective management strategies. Alongside the impressive PAT growth, the company's revenue also witnessed a significant uptick, increasing by 120% compared to the same period last year. This surge in revenue indicates strong demand for Dixon Technologies' diverse product portfolio and its growing market presence.
However, other sources indicate different Q4 results. Mint reported that Dixon Technologies (India) Q4 results indicated a total income of ₹4,657.97 Cr. (-3.33%), operating profit of ₹131.43 Cr. (-8.53%), and profit after tax of ₹95.17 Cr. (-1.32%).
Full Year Performance
Dixon Technologies has demonstrated robust financial performance throughout FY25. According to Upstox, the company's revenue from operations stood at ₹9,973 crore, reflecting a growth of 48% YoY. The operating EBITDA was ₹ 796 Cr, a growth of 53% YoY, and a record PAT of ₹ 251 Cr, translating into a growth of 80% on a YoY basis."
Key Growth Drivers
Several factors have contributed to Dixon Technologies' impressive financial performance such as, the company has emerged as one of the fastest-growing mobile phone manufacturers in India and its Mobile & EMS Division revenue came in at ₹9,305 crore during Q3 FY25. Dixon Technologies has also focused on diversification and efficiency improvements, in addition to signing an MOU with Cellecor for refrigerator manufacturing, which enhances market position in the refrigerator segment.
Market Position and Expansion
Dixon Technologies has solidified its position as a key player in the EMS sector in India. The company's extensive portfolio includes LED TVs, washing machines, LED bulbs, tubelights, mobile phones, IT hardware, telecom products, hearables, and wearables. With 23 manufacturing facilities spread across Uttar Pradesh, Uttarakhand, and Andhra Pradesh, Dixon Technologies possesses a significant manufacturing infrastructure to meet the increasing demands of its clients.
Future Outlook
Looking ahead, Dixon Technologies is poised to sustain its growth momentum and the company has scheduled an earnings call with investors and analysts on May 20 to discuss the results for Q4 and FY25.