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    Electronic technology

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    Electronic production equipment
Dixon Technologies (India) Ltd.

Dixon Technologies (India) Ltd.

11,575.00
INR
-117.00
(-1.00%)
304.98EPS
43.88P/E
728.32BMarket Cap
Dixon Technologies (India) Ltd.
BSE:DIXON
(Bombay Stock Exchange)

Recent

price

11,575.00

P/E

ratio

43.88

div

yld

0.18%

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
218.49
252.48
476.05
507.3
525.87
756.49
1,109.23
1,811.55
2,048.63
2,952.28
6,440.49
8,017.06
9,402.2
Revenue per Share
1.67
7.32
9.23
10.9
11.19
20.73
27.49
32.29
43
61.64
182.83
237.62
271.65
Basic EPS, GAAP
4.08
2.77
2.67
12.15
-0.54
40.83
29.26
46.31
122.13
97.94
191.87
294.39
- -
Free Cash Flow per Basic Share
0.2
0.77
1.62
- -
0.4
1.19
- -
0.99
2
2.99
5.49
19.46
21.4
Dividend per Share
15.69
20.11
34.8
55.62
66.79
93.57
125.88
167.97
215.73
283.32
499.73
769.17
- -
Book Value per Share
15.67
20.09
34.78
54.99
65.96
91.41
123.81
159.64
206.88
272.45
483.73
667.09
- -
Tangible Book Value per Share
55
55
52
56
57
58
58
59
59
60
60
61
53
Basic Weighted Avg Shares
12,023
13,894
24,545
28,334
29,778
43,974
64,479
106,700
121,734
176,139
385,933
485,374
495,654
Sales/Revenue/Turnover
2.31
3.84
3.33
3.5
3.93
4.59
3.9
2.83
3.35
3.08
3.28
3.04
2.75
Operating Margin (%)
70
85
107
152
217
365
437
840
1,146
1,619
2,810
3,930
4,037
Depreciation Expense
92
403
476
609
634
1,205
1,598
1,902
2,555
3,678
10,955
14,386
14,321
Net Income, GAAP
29.05
16.82
28.34
30.98
32.46
23.13
26.36
25.28
26.02
24.08
21.48
20.59
19.82
Effective Tax Rate (%)
0.77
2.9
1.94
2.15
2.13
2.74
2.48
1.78
2.1
2.09
2.84
2.96
2.89
Profit Margin (%)
175
411
591
1,194
1,403
2,122
3,203
4,111
1,983
1,047
4,989
8,171
- -
Working Capital
355
494
99
80
61
994
2,095
4,946
3,981
4,246
4,987
8,204
- -
LT Debt
918
1,139
1,971
3,150
3,782
5,413
7,373
9,973
12,846
17,225
34,693
53,867
- -
Total Equity
- -
21.33
19.79
20.97
17.25
23.92
20.91
16.66
17.44
20.89
42.94
22.66
- -
Return on Invested Capital (%)
- -
27.98
26.61
23.02
18.19
23.68
20.51
16.46
17.5
21
33.74
25.45
- -
Return on Capital (%)
- -
39.77
30.6
23.79
18.28
26.21
25
21.93
22.4
24.68
46.57
37.43
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,738
- -
LT Borrowings
- -
3,597
- -
LT Finance Leases
- -
4,607
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
61
61
61
Market Capitalization
734,892
587,924
728,321

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
135,154
- -
Cash, Cash Equivalents & STI
- -
11,699
- -
Accounts Receivable, Net
- -
65,299
- -
Inventories
- -
38,365
- -
Total Current Liabilities
- -
126,983
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,738
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.71%
50.97%
55.27%
Free Cash Flow
-723.79%
71.74%
55.02%
Net Income, GAAP
49.94%
65.3%
31.32%
Sales/Revenue/Turnover
46.06%
53.83%
25.77%
Total Cash Common Dividend
- -
- -
258.04%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
65,798
115,341
104,537
102,925
385,933
2026
128,357
- -
106,716
105,105
485,374
2027
155,477
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
23.35
68.82
36.12
77.59
182.83
2026
46.47
- -
53.06
49.22
237.62
2027
118
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
5.49
2026
- -
- -
11.82
9.37
19.46
2027
- -
- -
- -
- -
- -
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Business
Dixon Technologies (India) Limited is an Indian multinational electronics manufacturing services (EMS) company primarily engaged in the design, manufacture, and sale of a diverse range of electronic products and solutions. The company offers consumer electronics including LED TVs; home appliances such as washing machines; lighting products including LED lighting solutions; mobile phones; security and surveillance equipment like closed-circuit television (CCTV) cameras; and advanced electronics components including AC-PCBs and wearable and audible devices. Dixon also provides end-to-end EMS solutions encompassing design, manufacturing, and reverse logistics services, serving both domestic and international markets. Founded in 1993, the company is headquartered in Noida, Uttar Pradesh, India. In the last 1-2 years, Dixon Technologies has expanded its product portfolio and strategic initiatives significantly. Notably, it entered a joint venture with Imagine Marketing Private Limited to develop and manufacture wireless audio solutions within India. The company continues to scale its operations aggressively, driven by increased business segments and rising demand in consumer electronics and telecommunications. Additionally, Dixon Technologies has strategically enhanced its manufacturing footprint and product offerings to capture growing opportunities in the Indian market and globally, with a focus on innovation and quality as key competitive differentiators. The company operates across multiple business segments including consumer electronics, home appliances, lighting, security surveillance, mobile phones, and electronic components manufacturing. Its target markets include original equipment manufacturers (OEMs), original design manufacturers (ODMs), and direct consumer product channels in India and overseas markets. Dixon Technologies holds a prominent position as India’s largest EMS provider with a strong emphasis on integrated manufacturing solutions and expanding technological capabilities. Overall, Dixon Technologies is a comprehensive electronics manufacturing powerhouse focused on wide-ranging product categories and has notably advanced through recent strategic partnerships, new product launches, and operational expansions that reinforce its leadership in the EMS sector in India and beyond.