Dixon CFO on diversification, EMS market share & logic of iSmartU acquisition

Saurabh Gupta, CFO, Dixon Technologies, says the iSmartU acquisition was finished on August 13th. Dixon which has bought a little over a majority stake in the company, will have only seven months’ kind of performance for this year. Gupta expects that at an annual level, this business can generate anywhere between Rs 7,000 crore to Rs 8,000 crore of revenues for the next financial year. This year, it will be proportionate for seven to eight months.

Dixon’s immediate focus is to get into more components on the mobile side like display, precision components, and mechanicals. The company is also looking at something on the industrial and automotive side mostly to do with PCBA, which can be for EVs, industrials, and automotives.