Dixon Technologies has delivered a strong financial performance in Q3 FY26, reporting consolidated net profit that significantly exceeded both previous year figures and analyst expectations. The company held its earnings conference call on January 29, 2026, providing comprehensive insights into its business performance across multiple segments.

Financial Performance Highlights

The electronics manufacturing company posted impressive results for the quarter, demonstrating robust growth across key financial metrics despite facing industry headwinds.

Market Expectations Exceeded

The company's Q3 consolidated net profit of ₹287 crores surpassed analyst estimates of ₹190 crores by a significant margin of ₹97 crores, representing a 51.05% beat over expectations. This outperformance indicates stronger-than-anticipated operational results during the quarter.

Business Segment Performance

Dixon Technologies demonstrated diversified growth across its key business verticals during the quarter.

Mobile and EMS Business

The Mobile and EMS segment generated revenue of ₹9,750 crores with operating profit of ₹105 crores. The company achieved smartphone volumes of 6.90 million units in Q3, bringing the nine-month total to 27 million units. Q4 volumes are expected to reach 7.00-7.50 million units.

Consumer Electronics

The LED TVs and refrigerators segment recorded revenue of ₹567 crores with operating profit of ₹24 crores. The quarter witnessed temporary moderation in industry demand due to post-Diwali seasonality and elevated channel inventories.

Home Appliances

Home appliances business generated revenue of ₹355 crores with operating profit of ₹41 crores, achieving an operating margin of 11.50%. The segment continues to expand into new categories including semi-automatic washing machines in 16kg and 18kg capacities.

Strategic Developments and Future Outlook

Dixon Technologies has been selected as an ECMS beneficiary for camera modules and optical transceivers, marking an important milestone in its expansion into components manufacturing. The company expects to receive ECMS approvals for display modules and enclosures shortly.

The company maintains strong return ratios with ROCE at 45.10% and ROE at 32.00% as of December 31, 2025. Working capital cycle remains at negative 7 days, complemented by a net debt position of ₹246 crores.

The strong quarterly results demonstrate Dixon Technologies' ability to deliver consistent financial performance while exceeding market expectations, positioning the company favorably within the electronics manufacturing sector despite facing near-term headwinds from commodity inflation and memory price increases.

Dixon Technologies (India) Limited has announced that its Board of Directors will meet on January 29, 2026, to consider and approve the company's quarterly financial results. The electronics manufacturing services company issued the formal notification to stock exchanges on January 22, 2026, in compliance with regulatory requirements.

Board Meeting Details

The key details of the upcoming board meeting are outlined below:

Trading Window Restrictions

In accordance with insider trading regulations, Dixon Technologies has implemented specific trading restrictions around the results announcement. The company had previously communicated on December 29, 2025, about the closure of the trading window for dealing in company securities.

The trading window closure details are as follows:

• Closure Date: January 1, 2026
• Reopening: 48 hours after financial results declaration
• Applicable Regulations: SEBI (Prohibition of Insider Trading) Regulations 2015
• Internal Policy: Company's Code of Conduct for Insider Trading and Fair Disclosure

Regulatory Compliance

The board meeting notification was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

The communication was addressed to both major Indian stock exchanges where Dixon Technologies shares are listed. The company provided its scrip codes and ISIN details for proper identification and record-keeping purposes.

Company Communication

The formal notification was signed by Ashish Kumar, President - Chief Legal Counsel & Group Company Secretary, and digitally authenticated on January 22, 2026. The document was simultaneously sent to BSE Limited and National Stock Exchange of India Limited, ensuring compliance with dual listing requirements.