Dixon Technologies (India) : Q4 2024 Financial Quarterly Report: YoY Sales Up 51.95 %, QoQ Down 3.33 %

The comprehensive analytics outlining the performance and outlook of Dixon Technologies (India) Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Dixon Technologies (India) Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 51.95 %. However, it did see a marginal slip of -3.33 % from the previous quarter. Expenses decreased slightly by -3.42 % quarter-on-quarter, aligning with the annual rise of 53.84 %. Operating profit, while up 16.74 % compared to last year, faced a quarter-on-quarter dip of -1.05 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.18 %, but an expansion of 0.09 % sequentially. Other income rose by 358.59 % compared to the last quarter, despite an annual growth of 473.24 %. Interest expenses dropped significantly by -3.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 41.35 %. Depreciation costs climbed by 25.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 57.21 %. Profit before tax grew annually by 15.54 % but saw an increase from the preceding quarter by 3 %.
Tax expenses as a percentage of profits decreased slightly by -3.06 % compared to last year, with a more notable quarter-on-quarter increase of 2.26 %. Net profit rose by 20.69 % year-on-year but experienced a 0.24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 20.34 % but a quarterly rise of 0 %. In summary, Dixon Technologies (India) Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Dixon Technologies (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 51.95 % year-on-year growth, although there was a slight dip of -3.33 % from the previous quarter. Expenses rose by 53.84 % compared to the previous year, with a decrease of -3.42 % quarter-on-quarter. Operating Profit surged by 16.74 % annually, and saw a -1.05 % decrease from the last quarter.
Net Profit showed yearly increase of 20.69 %, and experienced a 0.24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 20.34 % annually, however rose by 0 % compared to the last quarter. In essence, while Dixon Technologies (India) Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.