Dixon Technologies (India) Ltd.

Dixon Technologies (India) Ltd.

11,170.00
INR
-424.00
(-3.66%)
304.98EPS
43.88P/E
728.31BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
4.08
2.77
2.67
12.15
-0.54
40.83
29.26
46.31
122.13
97.94
191.87
294.39
- -
Dividend per Share
0.2
0.77
1.62
- -
0.4
1.19
- -
0.99
2
2.99
5.49
19.46
21.4
Book Value 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
- -
Tangible 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
- -
Basic Weighted Avg Shares
55
55
52
56
57
58
58
59
59
60
60
61
53
Sales/Revenue/Turnover
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
Operating Margin (%)
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
Depreciation Expense
70
85
107
152
217
365
437
840
1,146
1,619
2,810
3,930
4,037
Net Income, GAAP
92
403
476
609
634
1,205
1,598
1,902
2,555
3,678
10,955
14,386
14,321
Effective Tax Rate (%)
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
Profit Margin (%)
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
Working Capital
175
411
591
1,194
1,403
2,122
3,203
4,111
1,983
1,047
4,989
8,171
- -
LT Debt
355
494
99
80
61
994
2,095
4,946
3,981
4,246
4,987
8,204
- -
Total Equity
918
1,139
1,971
3,150
3,782
5,413
7,373
9,973
12,846
17,225
34,693
53,867
- -
Return on Invested Capital (%)
- -
21.33
19.79
20.97
17.25
23.92
20.91
16.66
17.44
20.89
42.94
22.66
- -
Return on Capital (%)
- -
27.98
26.61
23.02
18.19
23.68
20.51
16.46
17.5
21
33.74
25.45
- -
Return on Common Equity (%)
- -
39.77
30.6
23.79
18.28
26.21
25
21.93
22.4
24.68
46.57
37.43
- -

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
734,591
588,137
728,312

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
- -
- -
- -
- -
- -

Company Description

CEO
Atul Behari Lall
Full Time Employees
4,394
Sector
Electronic technology
Industry
Electronic production equipment
Address
B 14 & 15 Noida UP India 201305
IPO Date
Sep 18, 2017
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.