Release Date: January 20, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
Negative Points
Q & A Highlights
Q : Can you provide insights on the smartphone volumes for Q3, particularly for Ismartu and Samsung? A : In Q3, Ismartu smartphone volumes, excluding Samsung, were approximately 8.3 million. For the first nine months, the volume was around 20.5 million. Samsung's volume is over and above this figure.
Q : What is the status of the Vivo tie-up with Dixon, and is there any PLI sharing involved? A : The specifics of the PLI sharing with Vivo are commercially confidential. However, the tie-up is expected to enhance our manufacturing capabilities significantly.
Q : With the mobile phone PLI ending in FY26, how does Dixon view the competition and future growth? A : Our business has grown significantly, and we have a strong order book with top brands. We are investing in automation and component space, which, along with PLI advantages, positions us well against competition.
Q : Can you elaborate on the KHY acquisition and its impact on Ismartu's capacity? A : The acquisition supports our plan to export around three million smartphones, generating revenue of INR1,500 to INR1,800 crores. It also accommodates the transition from 4G to 5G phones and new customer acquisitions.
Q : What are the plans for the display fab manufacturing facility, and what kind of CapEx is required? A : The display fab project is a significant step, requiring around $3 billion in CapEx. It aims to localize production, enhance supply chain control, and is expected to be highly margin-accretive with a fast payback period.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This article first appeared on
GuruFocus
.