Stockrabit · Analysts
Questions across 2 calls

Pankaj Tibrewal

Ikigai Asset Management

Dixon Technologies (India) Limited

Dixon Technologies (India) Limited CC-Sep25.pdf · 2025-10-17
Just taking off from a next few years' perspective, the way mobile became a big growth driver for us, and it is now roughly 75%, 80% of our revenue. If we take a crystal ball gazing over the next three to five years, which are the other segments which can be a big growth driver as you move ahead? I am not holding on to this. Just trying to understand, can exports of lighting, can export of mobile, IT hardware, battery energy storage, we saw a JV with you, which you have formed, which are the other big segments which can drive growth for us as you look forward in the next three, four years?
And when I look at the IT hardware, notebook, laptops, globally, it is about $180 billion, $200 billion TAM. And few of the Chinese players we were seeing, they are about $30 billion, $40 billion individual companies. Do you think at some point, the way mobile became so large, India became an export destination in various companies? Can IT laptops, notebooks, others could also be a potential large TAM which Indian companies like us can cater to?

Kajaria Ceramics Limited

Kajaria Ceramics Limited CC-Dec24.pdf · 2025-02-04
One thing which was a little bothering me on the overall results was the employee cost. So when I look at last year versus this year, the sales is absolutely flat, but almost 150 basis points has got increased on the employee cost, now 13% of sales. And when I look at all the companies in India with a gross margin between 35% to 40%, we have one of the highest employee cost? How do you address that? Because if market tends to be sluggish, then this is a sticky cost, which can remain with us for a long time and margins would be under pressure. Just wanted your thoughts on that side.
Okay. So about 150, 200 basis points, which is looking higher right now?