Dixon Technologies (India) Limited IPO – Company Profile, IPO Date, Price Band, Analysis


Dixon Technologies – the largest Indian home grown design-focused and solutions company and leading Original Design Manufacturer (ODM) of lighting products, LED TVs and semi-automatic washing machines is planning to raise INR 599.28 crore via initial public offer (IPO).

Dixon Technologies (India) Limited – Company Profile

Incorporated in the year 1993, Dixon Technologies Limited is engaged in manufacturing products in the consumer durables, lighting, and mobile phones markets.

Working Area

  • Company’s product portfolio include; (1) Consumer electronics like LED TVs, (2) Home appliances like washing machines, (3) Lighting products like LED bulb, CFL bulbs, tube lights, and (4) Mobile phones
  • Company also provide repair and refurbishment services for set top boxes, mobile phones and LED TV panels
  • The company is a leading manufacturer of lighting products of CFL, LED bulbs, LED TVs and semi-automatic washing machines in India.
  • Dixon is also a leading Original Design Manufacturer (ODM) in India. The company develops and design products in-house at its R&D facility.
  • Dixon manufacture products for popular retail brands including Dish, Gionee, Haier, Intex Technologies, Mitashi, Panasonic, Philips, Reliance Retail and Surya Roshni.

Manufacturing Facilities

The company has 6 manufacturing facilities located in the states of Uttar Pradesh and Uttarakhand. The company has over 629 permanent employees and 4,030 contractors.

Company Promoter

Sunil Vachani

IPO Opening / Closing Dates & Listing

Dixon Technologies

IPO Details – Issue Price, Minimum Bid and Other

Dixon Technologies

Financial Performance

Dixon Technologies

Revenues

The Company shows steady revenue growth in recent years. Topline has been increasing regularly for the last five years and jumped from INR 569.39 crore in FY 2012 to INR 1224.21 crore for the period ended December 2016.

Profits

Though the company has shown steady growth in revenue, the company fails to register steady profit growth in those five years. Starting from INR 5.97 crore of LOSS in FY2012, the company’s earnings improved to INR 37.15 crore in FY2016.

CONCLUSION –
Considering company’s valuation and financial parameters, FinBlab recommends SUBSCRIBE ratings on Dixon Technologies (India) Limited – IPO.

 


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About me

Vishal Dalwadi

Vishal Dalwadi

Vishal is an MBA (Finance) post-graduate. He is the founder and owner of "FinBlab". His blog aims at providing information and research on Stock market and sectors including Mutual funds, IPOs, Insurance and more.

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