Q1-FY24 · Atul Lall
We have got an order for 15 million units. We've already delivered 1 million units. This business looks very healthy. It's almost a INR 1,500 crore business for us in the current fiscal.
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Dixon Technologies (India) · tone and specificity signals across the available quarters.
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Q1-FY24 · Atul Lall
In the current financial, it is going to be a small opportunity, but if we are able to get breakthroughs, which we are fairly confident about, both in Europe and US, it can be a large opportunity, which can be turned into a $200 million business in a couple of years.
Q1-FY24 · Atul Lall
The margin profile of the business will be somewhere in the range of 2.3%-2.7%, something like that.
Q1-FY25 · Atul Lall
We are well poised to capture the upcoming opportunities and be a part of India's long-term growth story and to write the country's robust consumption narrative and Make in India initiative to achieve industry-leading growth.
Q1-FY25 · Atul Lall
Our endeavor is to deepen the value addition, to be a part of a significant part of non-semiconductor form of mobile and IT products, which is going to be more margin accredited and create a more durable business.
Q1-FY25 · Atul Lall
We feel that the competitive intensity, which has become a bit too intense, is kind of stabilizing. And the prices are also stabilizing.
Q1-FY26 · Atul Lall
We have begun our financial year 2026 with robust all-around operational and financial performance.
Q1-FY26 · Atul Lall
We feel that over the next four-five years, this business is going to be somewhere around INR 5,000 crore.
Q1-FY26 · Saurabh Gupta
We think that in 2026-2027, we can expand the margin to almost 120-130 basis points even after taking into account the PLI margin going away.
Q2-FY25 · Atul Lall
We are the largest manufacturer today, and practically all the brands in Android ecosystem are our customers.
Q2-FY25 · Atul Lall
The whole idea is to bring in more efficiency in the value chain so that we are able to have this pole position even beyond PLI.
Q2-FY25 · Atul Lall
We are targeting to do in-house around 27% of the BOM, and this is margin-accretive business.
Q2-FY26 · Atul Lall
We feel that this year numbers are going to be similar, 40 million, 42 million. Next year, we feel that we should be somewhere between 55 million - 60 million.
Q2-FY26 · Atul Lall
The telecom segments present a robust and long-term growth trajectory and can potentially be the second largest driver for growth after a mobile business.
Q2-FY26 · Atul Lall
With more backward integration, operating leverage, and some bit of ODM business largely in lighting, refrigerator, my sense is it should be very difficult to say, but the range can be somewhere around 4%, 4.5%.
Q3-FY24 · Atul Lall
We feel that in a couple of years, we should at least be at 35%-40% of that market.
Q3-FY24 · Atul Lall
We have created an annual capacity of 13 million smartphones and 15 million feature phones across four plants in Noida.
Q3-FY24 · Atul Lall
We are looking very seriously now at the vertical integration play in mobiles.
Q3-FY25 · Atul Lall
We have entered into a binding term sheet with Vivo for a proposed joint venture, with Dixon holding 51% of the shareholding for manufacturing of smartphones.
Q3-FY25 · Saurabh Gupta
We feel confident that in the next 24 months to 36 months, our margins in mobile segment, which is the largest play for us, can expand by almost 100 basis points on account of this backward integration.
Q3-FY25 · Atul Lall
It's not a PLI period or anything. Because the costs were compared significantly, and your payback is amazingly fast.
Q3-FY26 · Atul Lall
For us, it's a passthrough. For us, there is no impact as far as the value chain and impact on the margins is concerned, on an absolute basis.
Q3-FY26 · Saurabh Gupta
We feel confident that with our backward integration play, we will be able to not only overcome that margins, there will be additional margins which will come on account of backward integration play, but that would largely play out in 2027, 2028.
Q3-FY26 · Atul Lall
We are committed to an aggressive growth for Dixon. I think we feel confident about it. We feel committed to that.
Q4-FY24 · Atul Lall
We have now all the top six brands except for one large global brand as our partners.
Q4-FY24 · Atul Lall
We are looking to manufacture display modules, and we have already finalized the technology partner.
Q4-FY24 · Saurabh Gupta
On the EBITDA margins, you can assume a similar level of some 4%, 4%, because a large part of our growth will come from mobiles, which is inherently a low margin business.
Q4-FY25 · Atul Lall
We are paranoid about competition. We have to be on our toes.
Q4-FY25 · Atul Lall
TV is under pressure. There is an overall decline. There is a structural issue with the category assets. Also, we have lost a bit of the market share. That business is under pressure. That I humbly accept.
Q4-FY25 · Atul Lall
We feel that the initiatives that we are taking on automation, increasing our efficiency, our large scale, and also our 4A into the components and the ECMS, the benefits and gains for us are going to be much, much more.
Q4-FY26 · Atul Lall
We feel that the overall volumes without Vivo is going to be almost similar.
Q4-FY26 · Atul Lall
I humbly admit where possibly we have missed out is on the high margin category of industrial EMS.
Q4-FY26 · Atul Lall
The margin profile will be slightly under pressure this year because the PLI has gone off, and there is a lag in the margin accretion happening due to component foray.