N K Associates

Dixon Technologies declared Q3 results on Monday 20th Jan after market hours – the stock is down more than 13% in response ✅Q3 FY25 Results (YoY) 👉Revenue: ₹4,818 Cr ➡️ ₹10,454 Cr (Up 117%) 👉EBITDA: ₹187 Cr ➡️ ₹398 Cr (Up 113%) 👉Operating Margins: 4% ➡️ 4% 👉Profit: ₹97 Cr ➡️ ₹217 Cr (Up 124%) 👉EPS: ₹16.12 ➡️₹28.50 📈While results are good, and the company has witnessed high growth yet again, it marginally missed estimates 📉But since the market has been punishing stocks with high valuations, it didn’t take too kindly to Dixon’s small earnings estimate miss (PE Ratio of Dixon is 144 times) 📱Manufacture of mobile phones has a higher margin among other electronics 📱Dixon has been continuously increasing its share of mobile phones 📱The mobile business, which contributed 67% to the overall topline in previous quarter, now contributed 89% to the revenue in the current quarter 🔶Results are good, growth is visible, and Dixon remains India’s premier EMS company 💭Tell me if you think this fall in stock price is overdone, and does this present a buying opportunity in Dixon? #Dixon #TechSector #Investing #MotilalOswal #Dixon #TechSector #Investing #MotilalOswal