Dixon Technologies (India) Limited
8,722words
8turns
0analyst exchanges
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Key numbers — 40 extracted
rs,
40%
42%
33%
19%
Rs. 2
rs
31
rs1
INR 2.00
50%
100%
51%
Risks & concerns — 7 flagged
The Company will evaluate the impact of the Code and will give appropriate Impact In the financial statements In the period In which the Code becomes effective and the related rules are published.
— Notes
The Company has made an assessment of the Impact of the continuing Covid-19 pandemic on its current and future operations, liquidity position and cash flow giving due consideration to the Internal and external factors.
— Notes
The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
— Financial Results
• Conclude on the appropriateness of the Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group and its joint ventures to continue as a going concern.
— Financial Results
However, future events or conditions may cause the Group and its joint ventures to cease to continue as a going concern.
— Financial Results
The Group will evaluate the Impact of the Code and will give appropriate Impact In the financial statements In the period In which the Code becomes eff�ve and the related rules are published.
— Notes
The Group has made an assessment of the Impact of the continuing Co�ld-19 pandemic on Its current and future operations, liquidity position and cash now giving due consideration to the Internal and external factors.
— Notes
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Speaking time
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Opening remarks
Notes
5.95 5.89 6.02 5.89 7.66 7.49 1 2 3 4 5 6 7 8 9 These 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. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 30 May, 2022. During the year, Rexxam Dixon Electronics Private Umlted (formaly known as Dixon Devices Private Limited) has been incorporated, as wholly owned subsidiary of the Company which In converted to Joint venture during the quarter ended 31 March, 2022 The Chie·f Operating Decision Maker (CODM) comprises of the Board of Directors, Vice chairman cum Managing Director and Chief Financial Officer which examines the Company's performance on the basis of single operating segment Electronics Goods; accordingly segment disclosure has n
Place
Date Nolda 30.05.2022 DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE II, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dixoninfo.com STANDALONE BALANCE SHEET AS AT 31 MARCH, 2022 (Rs. in Lakhs unless otherwise stated) As at 31-Mar-2022 Audited As at 31-Mar-2021 Audited ASSETS Non-current Assets Intanqlble assets a. Property, plant and eQulpment b. Capital work-In-progress c. d. Right of use assets Financial assets e. I. Investments ii. Loans iii. Other Financial Assets f Other non-current assets Current Assets a. Inventories b. Financial assets i. Investments ii. Trade receivables iii. Cash and cash equivalents iv. Bank balances other than cash and cash equivalents v. Loans vi. Other Financial Assets c. Other current assets 48,796 1,896 283 11,695 9,187 2,000 2,101 6 060 82,018 29,117 7,155 387 8,614 4,503 1,037 1 614 52,427 65,589 55,544 13,502 84,559 11,142 SOS 187 2,480 12.603 1,90,567 9,525 1,00,300 3,605 488 5,900 1,100 13,010 1,89,472 TO
Financial liabilities
a. i. Borrowings ii. Lease liabilities b. Provisions c. Deferred Tax Liabilities (Net) d. Other non-current liabilities Current Liabilities a.
Financial liabilities
i. Borrowings ii. Lease liabilities iii. Trade payables - - Total outstanding dues of Micro and enterprises Total outstanding dues of other than small Enterprises iv Other financial liabilities b. Other current liabilities c. d. Cu Provisions 17,460 11,938 1,006 1,237 1 405 33,046 7,120 769 5,287 5,638 8,542 830 1,455 16,465 7,418 656 5,160 1,27,032 1,37,193 1,051 5,176 565 313 1,47,313 1,172 3,052 543 8 1,55,202 TOTAL LIAB lli1�;-.;;. 1,80,359 1,71,667 L EQUITY AND LIAB 2,72,585 2,41,899 DIXON TECHNOLOGIES (INDIA) LIMITED REGISTERED OFFICE B14 & 15,PHASE 11, NOIDA UTTAR PRADESH-201305 CIN: L32101UP1993PLC066581, Website: www.dlxoninfo.com STANDALONE STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31 MARCH, 2022 A. B. c. Cash flow from operating activities Profit before tax
Adjustments for
Depreciation and amortisation expense Finance Costs (Gain} /Loss on Exchanqe fluctuation Provision for impairment of property, plant and eouipment Interest Income Rent income waiver Income from Mutual fund Investment Provision for doubtful debts/ loans and advances written back (Profit}/Loss on sale of property, plant and eouipment Subsidy Income Share based payment expenses Bad debts written off Changes in working capital Adjustments for (Increase) / decrease in operating assets: Inventories Trade receivables Other current assets Other financial assets - non-current - current Adjustments for increase / (decrease) in operatlnq liabilitles: Trade payables Other financial liablllties Other current liabilities Provisions Cash generated from operating activities Income tax paid (net} Net cash generated from/ (used in) operating activities Cash flow from investing activities Capital expenditure on property, plant and equipment and intangible assets Loan given Repayment of Loan given Sale pr
Financial Results
i. include the annual financial results of the following entities: Name of the Company Relation Percentage ownership interest of Rexxam Dixon Electronics Pvt Ltd Joint venture AIL Dixon Technologies Private Limited Joint venture Padget Electronics Private Limited Dixon Global Private Limited Subsidiary Subsidiary Dixon Electro Appliances Private Limited Subsidiary Dixon Electro Manufacturing Private Limited Subsidiary Dixon Technologies Solutions Private Limited Subsidiary 40% 50% 100% 100% 51% 100% 100% ii. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and iii. give a true and fair view in conformity with the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India, of the consolidated net profit and consolidated total comprehensive inc ,,,,....,,,..,..,.. c, her financial
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