Dixon Technologies Q3 Results: Revenue Badha, ₹1 Lakh Crore Ka Big Target Hai!

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AuthorAarav Shah|Published at:
Dixon Technologies Q3 Results: Revenue Badha, ₹1 Lakh Crore Ka Big Target Hai!
Overview

Dixon Technologies ke liye Q3 FY26 ka performance solid raha. Company ka revenue **2%** badhkar **₹10,678 Crore** ho gaya, aur EBITDA mein bhi **5.8%** ka jump aaya, jo **₹421 Crore** pahuncha. Haalanki, PAT thoda sa **1.4%** girkar **₹214 Crore** raha. Magar company bade plans bana rahi hai, especially component manufacturing aur naye JVs launch karke **₹1 lakh crore** revenue ka milestone 3-4 saal mein cross karne ka.

Aage kya hua?

Dekho, Dixon Technologies ka consolidated operating revenue Q3 FY26 mein ₹10,678 Crore aaya hai, jo pichle saal ke ₹10,461 Crore se 2% zyada hai. Unka consolidated operating EBITDA bhi 5.8% badhkar ₹421 Crore ho gaya. Lekin ek choti si baat, consolidated operating Profit After Tax (PAT) 1.4% gir gaya, ₹214 Crore pe aa gaya.

Kaunsa business kitna chala?

Sabse bada hissa Mobile aur EMS division se aaya, ₹9,750 Crore. Consumer Electronics (LED TVs, fridges) ne ₹567 Crore kamaye. Home Appliances division ₹355 Crore laya aur iska operating profit margin 11.5% raha, jo kaafi accha hai. Lighting JV bhi double-digit growth dikha raha hai. Future projections bhi mast hain, Telecom products se lagbhag ₹5,200 Crore aur IT hardware se ₹1,500 Crore (FY26) ki umeed hai, jo FY27 tak ₹3,500-4,000 Crore ho sakta hai. Q Tech business (camera modules, optical transceivers) ne Q3 mein ₹400 Crore diye aur ₹2,000 Crore run rate ka target rakha hai. Camera modules ki yearly volume 190-200 million units tak pahunchane ka aim hai.

PAT kyun gira aur company ka plan kya hai?

Revenue badhne ke baad bhi PAT mein thodi kami aayi hai. Management ka kehna hai ki yeh filhal commodity inflation aur memory prices badhne ki wajah se hai, jiska impact consumer devices par pada hai. Company ab operational scale badhane, efficiencies improve karne aur backward integration par focus kar rahi hai. Mobile business mein margins ko 2.8%-3.2% tak le jaane ka target hai, aur FY27-28 tak aur badhane ka plan hai.

Financial health kaisi hai?

Dixon ki balance sheet ekdum tagdi hai. Net debt sirf ₹246 Crore hai, aur working capital cycle -7 days hai, yani paisa jaldi wapas aa jata hai. Return ratios bhi kamaal ke hain, ROCE 45.1% aur ROE 32% hai.

Naye projects aur paisa kahan lag raha hai?

Is fiscal year ke pehle 9 mahino mein ₹720 Crore ka capex hua hai, aur poore saal ke liye ₹1,100-1,200 Crore ka plan hai. Yeh paisa display business, Q Tech camera modules, aur mechanical enclosures mein lagaya ja raha hai.

Future mein kya launch ho raha hai aur ₹1 Lakh Crore ka dream!

Naye facilities smartphone (JV), display modules (HKC JV), washing machines, aur IT hardware ke liye FY27 Q2 se production start kar denge. Longcheer JV mobile phones ke liye FY27 Q1 tak operational ho jayega. Aur sabse big news, company ka goal hai ki woh agle 3-4 saalon mein ₹1 lakh crore se zyada ka revenue cross karegi! Yeh ek bohot aggressive plan hai, jisme component manufacturing aur exports par zyada focus rahega. EU FTA bhi lighting aur TV segments ke liye positive ho sakta hai. Haalanki, filhaal inflation ke challenges hain, par company ka long-term outlook promising hai.

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