Dixon Technologies (India) Limited — Q2FY27 earnings call summary

Filed 05 November 2026 · Official transcript

Home appliances and lighting impacted by input cost; margin recovery expected
Mobile volumes stable YoY; H2 volume guidance ~33-34 million excluding Vivo
Capex guidance INR 1,200-1,300 Cr/year; display capex INR 1,000 Cr over 3 years
Q2 FY27 revenue INR 21,806 Cr; EBITDA INR 609 Cr; PAT INR 293 Cr
Working capital elevated due to PLI receivables; expected release by March
Display and camera modules capacity expansion; display revenue potential INR 6,000-7,000 Cr
Exports ramp-up from Q4; Transsion exports start next fiscal
IT hardware revenue INR 2,160 Cr; targeting INR 15,000-20,000 Cr in 2 years