Integrated Filing — IndAS

General information about company
Scrip Code	540699
NSE Symbol	DIXON
MSEI Symbol	NOTLISTED
ISIN	INE935N01020
Name of company	Dixon Technologies (India) Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	13-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	NA
Start date and time of board meeting	20-May-2025   15:00:00
End date and time of board meeting	20-May-2025   15:35:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	102925400000	388601000000
	Other income	112800000	202300000
	Total income	103038200000	388803300000
2	Expenses
(a)	Cost of materials consumed	93995000000	360998100000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	758000000	-2669900000
(d)	Employee benefit expense	1433200000	5674200000
(e)	Finance costs	462600000	1543500000
(f)	Depreciation, depletion and amortisation expense	859100000	2810200000
(f)	Other Expenses
1	Other Expenses	2311300000	9522800000
	Total other expenses	2311300000	9522800000
	Total expenses	99819200000	377878900000
3	Total profit before exceptional items and tax	3219000000	10924400000
4	Exceptional items	2503700000	4599800000
5	Total profit before tax	5722700000	15524200000
6	Tax expense
7	Current tax	628600000	2524400000
8	Deferred tax	482200000	847800000
9	Total tax expenses	1110800000	3372200000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	4611900000	12152000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	37600000	173800000
16	Total profit (loss) for period	4649500000	12325800000
17	Other comprehensive income net of taxes	-11000000	3200000
18	Total Comprehensive Income for the period	4638500000	12329000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	4008200000	10955400000
	Total profit or loss, attributable to non-controlling interests	641300000	641300000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	3995400000	10953200000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	643100000	1375800000
21	Details of equity share capital
	Paid-up equity share capital	120500000	120500000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		29981500000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	77.59	205.7
	Diluted earnings (loss) per share from continuing operations	76.42	202.58
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	77.59	205.7
	Diluted earnings (loss) per share from continuing and discontinued operations	76.42	202.58
24	Debt equity ratio	0.0007	0.0007
25	Debt service coverage ratio	0.022	0.075
26	Interest service coverage ratio	0.08	0.081
27	Disclosure of notes on financial results		1.tThese consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the companies (Indian Accounting Standards) Rules 2015 and relevant amendment thereafter. n2.tThe above consolidated financial results have been reviewed by the Audit Committee in their meeting held on 20 May, 2025 and approved by the Board of Directors in their meeting held on 20 May, 2025. n3.tDuring the year, Dixon Electroconnect Private Limited, Dixon IT Devices Private Limited and Dixon Teletech Private Limited were incorporated, as wholly owned subsidiaries of the Holding Company. n4.tDuring the year, The Company has completed the acquisition of 50.10% stake in Ismartu India Private Limited. Accordingly, Ismartu India Private Limited became a subsidiary of the Holding Company. n5.tOn 8 July 2024, the Holding Company entered into Share Subscription and Purchase Agreement (“SSPA”) with Aditya Infotech Limited (“Aditya”) for sale of 9,500,000 fully paid up equity shares of AIL Dixon Technologies Private Limited (‘AIL Dixon’) representing 50% of AIL Dixon equity share capital, the joint venture company. The consideration of this transaction is through exchange of 73,05,805 equity shares of Re. 1 each, representing 6.50% of Aditya equity share capital on a fully diluted basis. The fair value gain of Rs. 25,037 lakhs and Rs. 20,961 lakhs on these investments has been recognised during the quarter ended 31 March, 2025 and 30 September, 2024 as exceptional item. n6.tDuring the year, Dixtel Communications Private Limited wholly owned subsidiary of the Holding Company has been strike off from the Register of Companies. n7.tThe Chief Operating Decision Maker ('CODM') comprises of the Board of Directors, Vice chairman cum Managing Director and Chief Financial Officer which examines the Group’s performance on the basis of single operating segment Electronics Goods; accordingly segment disclosure has not been made. n8.tThe figures for the quarter ended 31 March, 2025 and 31 March, 2024 are the balancing figures between audited figures in respect of full financial year and the unaudited published year-to-date figures upto 31 December, 2024 and 31 December, 2023 respectively which were subjected to limited review. n9.tThe Board of Directors of the holding Company have recommended a final dividend of 400% (INR 8.00/- per Equity Share of Rs. 2/- each) for the financial year 2024-2025 subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company. n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	21090900000
	Capital work-in-progress	2561200000
	Investment property	0
	Goodwill	570200000
	Other intangible assets	6076500000
	Intangible assets under development	8300000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	5356000000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	510600000
	Total non-current financial assets	5866600000
	Deferred tax assets (net)	91200000
	Other non-current assets	460000000
	Total non-current assets	36724900000
2	Current assets
	Inventories	39924000000
	Current financial asset
	Current investments	0
	Trade receivables, current	69654500000
	Cash and cash equivalents	2308500000
	Bank balance other than cash and cash equivalents	326800000
	Loans, current	0
	Other current financial assets	14454100000
	Total current financial assets	86743900000
	Current tax assets (net)	171700000
	Other current assets	4104200000
	Total current assets	130943800000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	167668700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	120500000
	Other equity	29981500000
	Total equity attributable to owners of parent	30102000000
	Non controlling interest	4591300000
	Total equity	34693300000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	808900000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	4778700000
	Total non-current financial liabilities	5587600000
	Provisions, non-current	186500000
	Deferred tax liabilities (net)	1071500000
	Deferred government grants, Non-current	0
	Other non-current liabilities	175400000
	Total non-current liabilities	7021000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1213900000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	783000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	108053500000
	Total Trade payable	108836500000
	Other current financial liabilities	14488100000
	Total current financial liabilities	124538500000
	Other current liabilities	1312300000
	Provisions, current	90000000
	Current tax liabilities (Net)	13600000
	Deferred government grants, Current
	Total current liabilities	125954400000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	132975400000
	Total equity and liabilites	167668700000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to Profit or Loss (net of tax)	-15200000	4200000
	Total Amount of items that will not be reclassified to profit and loss	-15200000	4200000
2	Income tax relating to items that will not be reclassified to profit or loss	-4200000	1000000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-11000000	3200000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Unaudited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			15524200000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1543500000
	Adjustments for decrease (increase) in inventories			-18993000000
	Adjustments for decrease (increase) in trade receivables, current			-30494800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-960400000
	Adjustments for decrease (increase) in other non-current assets			-44700000
	Adjustments for other financial assets, non-current			558900000
	Adjustments for other financial assets, current			-12131100000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			54132100000
	Adjustments for increase (decrease) in trade payables, non-current			-54600000
	Adjustments for increase (decrease) in other current liabilities			435300000
	Adjustments for increase (decrease) in other non-current liabilities			9700000
	Adjustments for depreciation and amortisation expense			2810200000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			29200000
	Adjustments for provisions, non-current			-658900000
	Adjustments for other financial liabilities, current			6356100000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			81100000
	Adjustments for share-based payments			851200000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1900000
	Other adjustments to reconcile profit (loss)			-4486800000
	Other adjustments for non-cash items			-86000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-1267100000
	Net cash flows from (used in) operations			14257100000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			2759600000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			11497500000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			2486300000
	Cash flows used in obtaining control of subsidiaries or other businesses			5696100000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			437600000
	Purchase of property, plant and equipment			9393500000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			20000000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			81100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-224400000
	Net cash flows from (used in) investing activities	-12289000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			1399300000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			2520100000
	Repayments of borrowings			1937300000
	Payments of lease liabilities			699500000
	Dividends paid			329100000
	Interest paid			1219200000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-265700000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-1057200000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			2004800000
	Net increase (decrease) in cash and cash equivalents			947600000
	Cash and cash equivalents cash flow statement at beginning of period			1360900000
	Cash and cash equivalents cash flow statement at end of period			2308500000