Dixon Technologies

Dixon Technologies

14,849.00
-230.00
(-1.53%)
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Key Fundamentals
Add Ratio
Market Cap
89,856.70 Cr
EPS
205.70
PE Ratio
52.63
Dividend Yield
0.05 %
52 Week High
19,148.90
52 Week Low
12,202.20
PB Ratio
22.11
Debt to Equity
0.24
Analyst Rating and Forecast
- By Refinitiv from31 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+70.97 %
+70.97 %
Hold
Hold+12.90 %
+12.90 %
Sell
Sell+16.13 %
+16.13 %
Forecast For
Actual

Company News

View All News
Caret
positive
Dixon Technologies reported consolidated adjusted revenues of ₹14,858 crores for Q2 FY26, up 29% from ₹11,528 crores in the same period last year. Consolidated adjusted EBITDA grew 34% to ₹564 crores, while PAT increased 27% to ₹323 crores. The company faced timing distortions due to GST rate reductions in mid-August, which led to deferred purchases in TVs, refrigerators, and washing machines until September 22. Mobile and EMS revenue reached ₹13,361 crores with 41% growth, while telecom segment saw 148% growth to ₹1,635 crores. The company maintains negative 6 days working capital cycle and reported return on capital employed of 49.1% and return on equity of 34.3%. Dixon acquired 51% stake in Q Tech India for camera and fingerprint modules manufacturing and received PN3 approval for joint venture with Longcheer. The company expects mobile phone volumes of 55-60 million units for next fiscal year and targets IT hardware business of ₹4,000-5,000 crores in next two years.
negative
Dixon Tech has revised its smartphone volume forecast for FY26/27 downward to 40-42 million units from its previous estimate of 40-45 million units. The company lowered the upper end of its projection by 3 million units.
positive
Dixon Tech management expressed confidence about achieving ₹1 lakh crore in sales within 3-4 years. The company expects margins to improve by 70-80 basis points to approximately 4-4.5% through backward integration and operating leverage. For specific product segments, Dixon Tech anticipates higher double-digit margins for display modules and below 10% EBITDA margins for camera modules through QTech India.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,448.50
#1 90,850.90
62.22
22,081.30
17.21
#1 1,470
18.86
36.19
14,849.00
#2 89,856.70
#5 52.63
#1 38,880.30
#1 119.50
#2 1,233
#2 81.13
26.59
528.30
15,007.70
55.46
4,904.60
77.74
291
-19.95
35.32
421.10
2,707.70
28.44
1,705.10
16.38
94
8.82
33.37
208.23
1,609.20
71.78
501.00
10.52
32
-15.50
46.24
1,650.00
724.70
288.79
33.80
58.69
3
-1,350.00
52.58
25.78
723.00
#1 -62.61
775.30
-27.85
-20
-3,225.00
40.96
31.25
689.60
22.32
1,026.00
105.00
31
#1 600.00
48.51
81.39
547.40
66.17
186.20
35.29
15
-75.82
29.33
72.19
353.60
-33.68
137.00
90.54
0
-79.85
33.12
Growth Rate
Revenue Growth
119.50 %
Net Income Growth
228.78 %
Cash Flow Change
96.77 %
ROE
63.21 %
ROCE
64.27 %
EBITDA Margin (Avg.)
-3.44 %

Quarterly Financial Results

Quarterly Financials
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
432
738
676
613
685
881
681
600
594
741
795
861
1,148
1,405
996
857
517
1,639
2,183
2,111
1,868
2,805
3,074
2,955
2,856
3,867
2,408
3,069
3,277
4,946
4,823
4,678
6,595
11,741
10,464
10,558
12,844
15,352
Expenses
413
710
651
593
664
844
652
570
567
706
755
821
1,094
1,339
942
802
500
1,549
2,082
2,030
1,819
2,694
2,970
2,835
2,755
3,722
2,294
2,909
3,140
4,744
4,634
4,476
6,332
11,108
10,063
9,850
12,353
14,294
EBITDA
19
28
26
20
22
37
29
29
27
35
40
39
53
66
53
56
17
90
101
81
48
111
104
120
101
145
115
160
138
202
189
202
264
633
401
708
491
1,058
Operating Profit %
4 %
4 %
4 %
3 %
3 %
4 %
4 %
5 %
4 %
4 %
5 %
4 %
5 %
5 %
5 %
7 %
3 %
5 %
5 %
4 %
3 %
4 %
3 %
4 %
4 %
4 %
5 %
5 %
4 %
4 %
4 %
4 %
4 %
4 %
4 %
4 %
4 %
4 %
Depreciation
3
3
3
3
3
4
4
5
5
5
6
6
8
8
10
11
9
11
11
12
15
22
28
19
24
29
29
33
34
36
41
51
55
66
75
86
93
96
Interest
4
5
5
2
3
4
3
4
5
5
7
9
10
9
8
8
6
7
8
7
9
9
12
14
14
16
15
15
14
17
22
21
29
38
41
46
33
38
Profit Before Tax
13
21
19
14
16
30
22
20
18
25
27
24
36
48
36
37
2
72
82
61
24
80
64
87
62
100
71
112
90
149
126
130
180
529
285
576
366
924
Tax
3
5
6
4
5
9
7
6
5
8
10
8
12
5
9
10
1
19
20
17
6
18
17
24
17
23
19
32
23
35
29
32
40
117
69
111
86
178
Net Profit
9
16
12
10
11
21
15
14
13
16
18
17
24
43
26
28
2
52
62
44
18
63
46
63
45
77
52
81
67
113
97
97
140
412
216
465
280
746
EPS in ₹
8.59
16.11
12.29
9.84
9.84
18.77
13.68
12.63
11.27
14.51
15.58
14.59
20.82
38.00
23.13
24.17
0.28
45.25
10.63
7.61
3.10
10.69
7.90
10.72
7.65
13.00
8.74
13.57
11.28
19.04
16.29
16.31
23.35
68.82
36.12
77.59
46.47
123.60

Balance Sheet

Balance Sheet
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
412
789
966
1,492
1,697
2,846
4,277
4,679
6,992
16,767
Fixed Assets
124
137
179
241
414
550
1,003
1,244
1,996
2,774
Current Assets
272
638
754
1,069
1,246
2,191
3,147
3,139
4,836
13,094
Capital Work in Progress
0
2
16
19
10
72
22
120
68
257
Investments
0
0
11
8
0
95
141
44
20
536
Other Assets
288
650
759
1,225
1,274
2,128
3,111
3,272
4,907
13,201
Total Liabilities
412
789
966
1,492
1,697
2,846
4,277
4,679
6,992
16,767
Current Liabilities
232
579
635
929
1,034
1,871
2,736
2,941
4,732
12,595
Non Current Liabilities
62
13
16
185
122
238
544
454
537
702
Total Equity
118
197
315
378
541
737
997
1,285
1,723
3,469
Reserve & Surplus
115
186
304
367
530
726
985
1,273
1,683
2,998
Share Capital
3
11
11
11
12
12
12
12
12
12

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
0
1
1
10
2
81
-32
113
41
-17
30
Investing Activities
-22
-22
-43
-100
-64
-99
-265
-465
-356
-531
-1,093
Operating Activities
45
42
53
68
-3
237
170
273
726
584
1,150
Financing Activities
-22
-20
-8
42
69
-57
64
304
-330
-70
-27

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
35.04 %
35.03 %
34.93 %
34.52 %
34.30 %
34.30 %
34.27 %
34.06 %
34.05 %
34.04 %
33.80 %
33.63 %
33.44 %
33.24 %
32.89 %
32.42 %
32.27 %
28.95 %
28.92 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
15.66 %
0.00 %
17.84 %
19.33 %
22.69 %
23.22 %
21.81 %
20.55 %
20.69 %
DIIs
10.10 %
8.89 %
8.06 %
6.92 %
7.22 %
7.25 %
17.62 %
18.91 %
23.76 %
24.47 %
27.44 %
26.26 %
27.01 %
26.08 %
23.14 %
22.62 %
23.07 %
26.69 %
28.94 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
14.54 %
15.86 %
15.76 %
16.47 %
17.75 %
17.78 %
16.39 %
16.02 %
16.12 %
12.76 %
11.21 %
10.77 %
10.10 %
9.85 %
9.73 %
10.43 %
11.28 %
12.24 %
10.35 %
Others
40.33 %
40.22 %
41.25 %
42.09 %
40.73 %
40.67 %
31.72 %
31.00 %
26.07 %
28.74 %
11.89 %
29.34 %
11.61 %
11.50 %
11.55 %
11.31 %
11.56 %
11.56 %
11.10 %
No of Share Holders
1,24,892
2,78,185
3,03,674
3,24,012
3,79,160
3,91,283
3,67,773
3,47,728
3,67,727
3,15,683
2,85,566
2,67,536
2,52,843
2,67,314
2,85,363
3,20,193
3,75,630
4,08,369
3,41,162

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 6 2 2 4 1 2 3 5 8
Dividend Yield (%) 0.00 0.91 0.43 0.28 0.11 0.02 0.07 0.04 0.04 0.05

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
22 Sept 2021 DIVIDEND Dividend
₹ 1.00 /share
20 Sept 2021 3,902.55 4,110.40
16 Aug 2022 DIVIDEND Dividend
₹ 2.00 /share
11 Aug 2022 3,421.15 3,832.30
23 Sept 2023 DIVIDEND Dividend
₹ 3.00 /share
22 Sept 2023 3,231.55 4,808.40
19 Sept 2024 DIVIDEND Dividend
₹ 5.00 /share
17 Sept 2024 8,063.60 14,059.75
25 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2024 12,776.65 14,340.95
24 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
24 Oct 2024 15,318.10 15,269.10
20 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
20 Jan 2025 16,704.50 17,224.45
20 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
20 May 2025 16,066.70 16,574.00
22 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Jul 2025 15,898.00 16,279.70
16 Sept 2025 DIVIDEND Dividend
₹ 8.00 /share
16 Sept 2025 16,574.00 17,988.65
23 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
23 Sept 2025 16,690.00 18,082.00
17 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
17 Oct 2025 17,098.00 16,825.60

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome2 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation5 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome9 days ago
Announcement Under Regulation 30- Disclosure Of ESG RatingOct 29, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 28, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptOct 24, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 18, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionOct 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 17, 2025
Results- Financial Results For Quarter And Half Year Ended 30Th September 2025Oct 17, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 17, 2025
Board Meeting Outcome for Outcome Of Board MeetingOct 17, 2025
Announcement Under Regulation 30 Of SEBI LODR- ESG RatingOct 15, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 12, 2025
Board Meeting Intimation for Inter Alia Consider And Approve The Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half-Year Ended 30Th September 2025.Oct 10, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 10, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 10, 2025
Announcement under Regulation 30 (LODR)-AcquisitionSep 29, 2025
Closure of Trading WindowSep 29, 2025
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsSep 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 25, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 25, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 23, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 19, 2025
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsSep 17, 2025
Announcement under Regulation 30 (LODR)-AcquisitionSep 17, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 11, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 10, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 09, 2025
Announcement Under Regulation 30 Of SEBI LODR- Giving Of Guarantees Or Indemnity Or Becoming A Surety For Any Third PartySep 04, 2025
Announcement Under Regulation 30- UpdatesSep 02, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 02, 2025
Business Responsibility and Sustainability Reporting (BRSR)Sep 01, 2025
Corporate Action Record Date For AGM Is 16Th September 2025Sep 01, 2025
Corporate Action Book Closure For Dividend And E-VotingSep 01, 2025
Reg. 34 (1) Annual Report.Sep 01, 2025
Shareholder Meeting On 23Rd September 2025Sep 01, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 30, 2025
Intimation With Regard To 32Nd Annual General Meeting Closure Of Register Of Members & Share Transfer Books And E-Voting DetailsAug 29, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 26, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Aug 21, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Midcap Fund Direct-Growth
0.00%
-1103948
-3.09%
-3.23%
HDFC Mid Cap Fund Direct-Growth
0.00%
-514290
-0.99%
-1.03%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.00%
-511809
-3.28%
-3.55%
Nippon India Growth Mid Cap Fund Direct- Growth
0.00%
-450000
-1.87%
-1.96%
Axis Midcap Direct Plan-Growth
0.00%
-407055
-2.13%
-2.19%
Nippon India Small Cap Fund Direct- Growth
0.00%
-350144
-0.86%
-0.90%
HSBC Midcap Fund Direct-Growth
0.00%
-281900
-3.85%
-4.00%
DSP Midcap Direct Plan-Growth
0.00%
-260559
-2.22%
-2.28%
Kotak Arbitrage Fund Direct-Growth
0.00%
-197450
-0.45%
-0.52%
HDFC Arbitrage Fund Wholesale Direct-Growth
0.00%
-169350
-1.26%
-1.19%
PGIM India Midcap Fund Direct-Growth
0.00%
-161089
-2.32%
-2.36%
Invesco India Mid Cap Fund Direct-Growth
0.00%
-155335
-2.98%
-3.22%
Edelweiss Mid Cap Direct Plan-Growth
0.00%
-146827
-2.04%
-2.17%
Invesco India Arbitrage Fund Direct-Growth
0.00%
-142450
-0.86%
-1.14%
HSBC Small Cap Fund Direct-Growth
0.00%
-132400
-1.35%
-1.39%
Invesco India Large & Mid Cap Fund Direct-Growth
0.00%
-130340
-2.52%
-2.68%
Axis Large & Mid Cap Fund Direct-Growth
0.00%
-127834
-1.40%
-1.45%
Invesco India Focused Fund Direct - Growth
0.00%
-125487
-4.87%
-5.05%
ICICI Prudential Equity Arbitrage Direct-Growth
0.00%
-114450
-0.57%
-0.52%
Nippon India Vision Large & Mid Cap Direct-Growth
0.00%
-106991
-2.73%
-2.89%
Axis Large Cap Fund Direct-Growth
0.00%
-105226
-0.52%
-0.47%
Axis ELSS Tax Saver Direct Plan-Growth
0.00%
-103252
-0.49%
-0.50%
SBI Arbitrage Opportunities Fund Direct-Growth
0.00%
-95450
-0.40%
-0.42%
Franklin India Mid Cap Fund Direct-Growth
0.00%
-95340
-1.27%
-1.30%
SBI Flexicap Fund Direct-Growth
0.00%
-90000
-0.65%
-0.68%

Technical Indicators

RSI(14)
Neutral
26.59
ATR(14)
Volatile
372.85
STOCH(9,6)
Oversold
12.19
STOCH RSI(14)
Oversold
3.04
MACD(12,26)
Bearish
-70.43
ADX(14)
Strong Trend
37.64
UO(9)
Bearish
35.60
ROC(12)
Downtrend And Accelerating
-7.63
WillR(14)
Oversold
-92.35

About Dixon Technologies

Dixon Technologies (India) Limited is an electronic manufacturing services provider incorporated in 2017. The company manufactures consumer electronics, home appliances, lighting products, mobile phones, and security devices. It offers design and manufacturing solutions to original equipment manufacturers, including global sourcing, quality testing, packaging, and logistics. Dixon Technologies operates as an Original Design Manufacturer for lighting products, LED TVs, and semi-automatic washing machines in India. The company has manufacturing facilities in various locations, including Noida and Tirupati. It has formed joint ventures and partnerships with companies like Rexxam, Beetel Teletech, and Xiaomi for manufacturing various products. Dixon Technologies also provides reverse logistics services for repair and refurbishment of electronic products.
Listing Date
18 Sept, 2017(8 Years, -8 days)
Chairperson NameSunil Vachani