Moneycontrol PRO

Dixon Technologies: Growth holds up, margin feels the heat

The Dixon stock price still appears running ahead of fundamentals and investors should ideally wait for better price points

March 08, 2022 / 05:44 PM IST
Dixon Technologies: Growth holds up, margin feels the heat

Contract manufacturer Dixon Technologies sustained its strong growth trajectory in Q3FY22, but margins were squeezed owing to rising commodity and freight costs. The order book continues to remain healthy across business verticals.  Quarterly results snapshot   (image)   Dixon saw a strong revenue growth of 41 percent/79 percent for Q3/9M, respectively. However, the company’s margins were hit by inflationary headwinds and delays in passing on higher input costs. Higher contribution from low-margin segments (mobile) also had an adverse effect on margins. Revenues from the...

  • PRO Panorama

    Moneycontrol Pro Panorama | BJP set to win Gujarat with record breaking margins, trails in Himachal

    Dec 8, 2022 / 01:10 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Consumer confidence back on track, India needs to stay alert amid global chip wars, Indian IT services' on verge of slowdown, MPC hints at more tightening ahead, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers