Welcome to DIMO's Annual Report 2023/24

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Year Progress
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Centralized Investor Information

Investors

Our Leadership

Leadership is the lifeblood of any organization, shaping its culture, propelling its performance, and ultimately dictating its success. Strong leadership not only fosters a climate of innovation, resilience, and growth but also creates an undeniable competitive edge. Our leaders have consistently served as our guiding light, steering the tribe through turbulent times and ensuring our unwavering commitment to excellence.

View our leadership section

Strategy & Resources

We continued to strengthen our core strategy by focusing on the three main pillars of Diversification, Differentiation, and Collaboration whilst seeking technology as a stimulant to take the Group to the next level.

Strategy & Resource Allocation Section

Value creation model

Our purpose is to create meaningful value for our shareholders and stakeholders alike. This is achieved by optimizing our operations, exceeding customer expectations, fostering strong stakeholder relationships, and ultimately driving sustainable growth and profitability.

Stakeholder Engagement

Our value transformation process revolves around creating value for a wide range of stakeholders, who provide capital inputs for value creation. We strive to understand what matters most to stakeholders whilst making every endeavour to deliver their expectations, perhaps by exceeding them, within the bounds of commercial reality.

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Business Report

We are reporting on seven segments this year : Vehicle Sales, Automotive Engineering Solutions, Agriculture, Retail, Power Engineering & Building Services, Infrastructure Engineering & Healthcare.

Business report section

Capital reports

Our Annual Report provides a holistic view of our company's value creation process and its impact on various resources and relationships. The six capitals - financial, manufactured, intellectual, human, social and relationship, and natural - represent the different forms of value that DIMO uses or affects.

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Operating context

The Political, Economic, Social, Technological, Environmental and Legal aspects that would impact our strategy and value creation are discussed in detail in this section. This provides the context for the performance as well as the strategies and outlook discussed throughout the report.

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Risk Management

The key objective of risk and opportunity management is to support business success and safeguard DIMO through an opportunity-focused but risk-aware decision-making framework.

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Our Sustainability

DIMO's Sustainability Agenda 2030 is a holistic strategy that integrates ESG considerations into the very core of our operations. This long-term approach, embedded within a thriving ESG ecosystem, centres on three interconnected goals: Strengthening Business Resilience, Building Community Resilience, and Preserving a Living Planet

Download our Sustainability section
Download Sustainability Glossary
Sustainability Agenda 2030

Our performance

Our Annual Report provides a holistic view of DIMO's health and sustainability. Together, these provide a comprehensive picture, crucial for making informed decisions for investors, employees, customers, and other stakeholders. This transparency builds trust and demonstrates a commitment to responsible and sustainable business practices.

Download 'Our Performance' Section
ESG Highlights
Financial highlights
Revenue and Profit

Download Key Highlights of Financial Statement

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தமிழ்

ESG Highlights

Environment
Carbon emission to generate million turnover

0.11 tCO2e

(2022/23 - 0.9tCO2e)
Water consumption to generate one million turnover

1.60 m3

(2022/23 - 1.44m3)
Non-renewable energy consumption to generate one million turnover

1.18 GJ

(2022/23 - 1.21 GJ)
Social
Governance
Anti-harassment Policy and Helpline

17 reported & resolved

(2022/23 - 6 Reported & resolved)
Payment of taxes and other tariffs

Rs.5,782 million

(2022/23 - Rs. 2,696 million)
No major non compliances in Environmental & Quality Management System and Occupational Health & Safety.
No whistle-blower cases reported during the year. (2022/23 - 3 Reported and resolved)

Financial Highlights

Rs. 43,644 million

Group Revenue

(2022/23 - Rs 35,299 million)
Rs. 183 million

Profit Before Tax

(2022/23 - Rs. 737 million)
4.2

Employee Engagement Score

(2022/23 - 4.2)
Rs. 22.58 million

Turnover per employee

(2022/23 - Rs. 18.90 million)
Rs. 1,776.76

Net Assets Per Share

(2022/23 - Rs. 1,622.31)
91%

Customer Satisfaction Index

(2022/23 - 89%)

Revenue and Profit

Our Governance

Strong governance is deeply ingrained in DIMO's culture and values. We firmly believe that a robust governance framework, focusing on both compliance and performance, is essential for creating lasting value for all our stakeholders.

“Corporate governance is the cornerstone of trust in business, where integrity, transparency, and accountability converge to build a foundation for sustainable growth, prosperity and value creation”

Download 'Our Governance' Section

Supplementary and Disclosures

These supplementary materials are designed to facilitate a more in-depth exploration of our performance. We invite stakeholders to utilize these resources to gain a richer understanding of our financial year, strategic choices, and overall results.