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Dixon Technologies (India) Limited

Dixon Technologies (India) Limited

DIXON.BO
Dixon Technologies (India) LimitedIN flagBombay Stock Exchange
13,299.00
INR
+843.90
- -
808.91BMarket Cap
Dixon Technologies (India) Limited
DIXON.BO
(Bombay Stock Exchange)

Recent

price

13,299.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
218.49
252.48
476.05
507.3
525.87
756.49
1,109.23
1,811.55
2,048.63
2,952.28
7,296.42
9,226.33
8,841.36
Revenue per Share
1.67
7.32
9.23
10.9
11.19
20.73
27.49
32.29
43
61.64
205.7
271.59
232.58
Basic EPS, GAAP
4.08
2.77
2.67
12.15
-0.54
40.83
29.26
46.31
122.13
97.94
215.88
336.47
- -
Free Cash Flow per Basic Share
0.2
0.77
1.62
- -
0.4
1.19
- -
0.99
2
2.99
6.18
22.24
- -
Dividend per Share
0.56
15.39
29.27
37.99
48.17
66.27
93.78
123.89
163.81
221.8
448.01
2.3
- -
Book Value per Share
16.67
20.67
38.2
55.75
65.96
90.97
124.74
160.93
207.31
277.8
633.32
899.74
- -
Tangible Book Value per Share
55
55
52
56
57
58
58
59
59
60
53
53
51
Basic Weighted Avg Shares
12,023
13,894
24,545
28,334
29,778
43,974
64,479
106,700
121,734
176,139
388,601
488,728
451,160
Sales/Revenue/Turnover
2.31
3.84
3.33
3.5
3.93
4.59
3.9
2.83
3.35
3.08
3.16
3.02
3.15
Operating Margin (%)
70
85
107
152
217
365
437
840
1,146
1,619
2,810
3,930
3,192
Depreciation Expense
92
403
476
609
634
1,205
1,598
1,902
2,555
3,678
10,955
14,386
11,868
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
21.8
Effective Tax Rate (%)
0.77
2.9
1.94
2.15
2.13
2.74
2.48
1.78
2.1
2.09
2.82
2.94
2.63
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
- -
23.48
24.36
21.38
17.59
24.73
21.11
16.62
17.5
20.67
30.31
22.21
- -
Return on Invested Capital (%)
- -
41.26
32.2
30.56
23.84
30.01
25.59
19.84
21.08
25.4
40.32
51.3
124.17
Return on Capital (%)
- -
91.85
40.38
33.55
26.13
36.63
34.35
29.83
30.01
32.02
59.07
119.98
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
1,723
- -
LT Borrowings
- -
809
- -
LT Finance Leases
- -
4,178
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
60
- -
Market Capitalization
965,372
701,652
762,934

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
130,944
- -
Cash, Cash Equivalents & STI
- -
17,065
- -
Accounts Receivable, Net
- -
69,654
- -
Inventories
- -
39,924
- -
Total Current Liabilities
- -
125,954
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,723
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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
46.21%
54.13%
25.77%
Total Cash Common Dividend
- -
96.07%
258.04%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32,715
49,432
48,182
45,810
176,139
2025
65,798
115,341
104,537
102,925
388,601
2026
128,357
106,716
105,105
- -
488,728

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.28
19.04
16.29
- -
61.64
2025
23.35
68.82
36.12
77.59
205.7
2026
46.47
53.06
49.22
- -
271.59

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.99
2025
- -
- -
- -
- -
6.18
2026
- -
11.82
9.37
- -
22.24
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Business
Dixon Technologies (India) Limited is an electronics manufacturing services (EMS) provider that designs, manufactures and assembles a diverse portfolio of electronic products including consumer electronics such as LED televisions and air conditioner printed circuit board assemblies (PCBAs); home appliances comprising washing machines and refrigerators; lighting products like LED bulbs, battens, downlighters and tubelights; mobile phones and smartphones along with related PCBA, wearables, hearables and telecom products including set-top boxes; security systems such as CCTV cameras and digital video recorders (DVRs); and IT hardware encompassing laptops, personal computers, all-in-one PCs and medical electronics. The company, founded in 1993 and headquartered in Noida, Uttar Pradesh, India, operates 17 manufacturing facilities across the country, including India's largest plants for LED televisions in Tirupati, washing machines in Dehradun and LED bulbs in Noida, serving global and domestic brands such as Samsung, Xiaomi, Motorola, Vivo, Panasonic, Philips, BoAt Lifestyle, HMD Global (Nokia), OnePlus and HP. In recent developments, Dixon signed a ₹1,000 crore memorandum of understanding with the Tamil Nadu government in 2025 to establish a laptop and PC manufacturing facility in Oragadam near Chennai; entered a joint venture agreement with Signify Innovations India Limited on June 12, 2025, for original equipment manufacturing of lighting products expected to complete by November 30, 2025; agreed to a joint venture with Vivo for electronic devices including smartphones in December 2024; acquired a 51% stake in Kunshan Q Tech Microelectronics (India) Pvt Ltd (Q Tech India) for approximately ₹553 crore to enhance camera and fingerprint module production under the Electronics Component Manufacturing Scheme; launched subsidiary Dixon Teletech in 2024 targeting ₹3,500 crore revenue in IT hardware by FY26; and inked memorandums with Chongqing Yuhai for a joint venture and HP India for notebooks, desktops and all-in-one PCs under PLI 2.0.