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Dixon Technologies share price

Dixon Technologies (India) Ltd.

NSE: DIXON BSE: 540699 SECTOR: Consumer Durables - Electronics  5.79 L   2.59 K   542

11374.00
0 0
BSE: 17 Apr 04:01 PM

Price Summary

Today's High

₹ 11410

Today's Low

₹ 11275

52 Week High

₹ 18471.5

52 Week Low

₹ 9605.05

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

69156.07 Cr.

Enterprise Value

69293.69 Cr.

No. of Shares

6.08 Cr.

P/E

72.03

P/B

22.84

Face Value

₹ 2

Div. Yield

0.07 %

Book Value (TTM)

₹  498.06

CASH

39.04 Cr.

DEBT

176.66 Cr.

Promoter Holding

28.83 %

EPS (TTM)

₹  157.9

Sales Growth

-15.76%

ROE

32.77 %

ROCE

38.02%

Profit Growth

204.8 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

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Cp Plus Mark

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year-15.76%
3 Year-10.3%
5 Year8.03%

Profit Growth

1 Year204.8%
3 Year55.34%
5 Year38.61%

ROE%

1 Year32.77%
3 Year22.65%
5 Year22.41%

ROCE %

1 Year38.02%
3 Year28.68%
5 Year28.58%

Debt/Equity

0.085

Price to Cash Flow

248.24

Interest Cover Ratio

13.4497

CFO/PAT (5 Yr. Avg.)

1.02288170411807

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2025 28.83 0.00
Sep 2025 28.92 0.00
Jun 2025 28.95 0.00
Mar 2025 32.27 0.00
Dec 2024 32.42 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 55.3433270082242% for the Past 3 years.
  • Company has been maintaining healthy ROE of 22.6546666666667% over the past 3 years.
  • Company has been maintaining healthy ROCE of 28.6771666666667% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 13.4497.
  • Company’s PEG ratio is 0.355658468169346.
  • The company has an efficient Cash Conversion Cycle of 4.03089999999999 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.02288170411807.

 Limitations

  • The company has shown a poor revenue growth of -10.3046364960142% for the Past 3 years.
  • Company has contingent liabilities of 978.12 Cr.
  • The company is trading at a high PE of 72.03.
  • The company is trading at a high EV/EBITDA of 68.8065.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1030.46 1085.67 890.86 1385.8 792.5
Total Expenditure 1000.7 1014.39 841.62 1310.1 736.71
Operating Profit 29.76 71.28 49.24 75.7 55.79
Other Income 5.94 41.14 6.52 521.84 192.33
Interest 14.97 15.15 14.84 13.39 19.05
Depreciation 16.57 19.97 18.85 17.66 16.48
Exceptional Items 0 250.37 0 0 0
Profit Before Tax 4.16 327.67 22.07 566.49 212.59
Tax 1.66 49.12 6.14 87.96 25.51
Profit After Tax 2.5 278.55 15.93 478.53 187.08
Adjusted EPS (Rs) 0.42 46.23 2.63 79.1 30.82

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 5674.6 7484.41 6997.4 6411.4 5400.9
Total Expenditure 5401.42 7200.71 6633.7 6094.1 5152.81
Operating Profit 273.18 283.7 363.7 317.3 248.09
Other Income 2.39 2.62 18.47 37.29 66.47
Interest 30.95 35.23 39.31 43.63 54.53
Depreciation 38.46 50.72 57.61 63.98 70.65
Exceptional Items 0 0 0 0 489.5
Profit Before Tax 206.16 200.37 285.25 246.98 678.88
Tax 54.19 49.41 74.1 61.32 112.98
Net Profit 151.97 150.96 211.15 185.66 565.9
Adjusted EPS (Rs.) 25.96 25.44 35.46 31.05 93.93

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 11.71 11.87 11.91 11.96 12.05
Total Reserves 690.61 910.39 1154.49 1382.34 2170.72
Borrowings 56.38 174.6 59.39 44.25 27
Other N/C liabilities 108.27 155.86 189.83 166.88 221.81
Current liabilities 1552.02 1473.13 1316.43 1228.09 1048.83
Total Liabilities 2418.99 2725.85 2732.05 2833.52 3480.41
Assets
Net Block 381.18 607.74 740.89 823.74 842.14
Capital WIP 71.55 18.96 52.33 34.35 174.18
Intangible WIP 0 0 0 0 0
Investments 45.03 91.87 107.74 124.26 1086.05
Loans & Advances 26.51 101.61 276.96 483.73 273.88
Other N/C Assets 0 0 0 0 0
Current Assets 1894.72 1905.67 1554.13 1367.44 1104.16
Total Assets 2418.99 2725.85 2732.05 2833.52 3480.41
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 206.16 200.37 285.25 246.98 678.88
Adjustment 74.35 82.15 91.9 78.21 -376.1
Changes in Assets & Liabilities -70.21 -19.77 91.51 -16.32 28.04
Tax Paid -52.32 -48.49 -64.2 -69.56 -52.23
Operating Cash Flow 157.98 214.26 404.46 239.31 278.59
Investing Cash Flow -266.13 -248.96 -282.95 -265.83 -381.69
Financing Cash Flow 50.86 110.07 -188.93 2.31 120.84
Net Cash Flow -57.29 75.37 -67.42 -24.21 17.74

Corporate Actions

Investors Details

PARTICULARS Dec 2024% Mar 2025% Jun 2025% Sep 2025% Dec 2025%
promoters 32.42 32.27 28.95 28.92 28.83
gayatri vachani 6.47 6.45 6.43 6.42 6.41
ksv family trust under th... 3.93 3.92 3.91 3.90 3.89
psv family trust under th... 15.73 15.69 15.63 15.62 15.57
ravi vachani 0.01 0.01 0.02 0.02 0.02
sunil vachani 5.35 5.34 2.13 2.13 2.12
suresh vaswani 0.92 0.85 0.83 0.82 0.81
vachani kamal vachani sun... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Dec 2024% Mar 2025% Jun 2025% Sep 2025% Dec 2025%
investors 67.58 67.73 71.05 71.08 71.17
atul behari lall 3.27 3.27 3.25 3.25 3.24
axis mutual fund trustee ... - - - 1.65 1.34
canara robeco mutual fund... - - 1.05 - 1.18
hdfc life insurance compa... - 1.01 1.03 1.12 1.12
hdfc mutual fund - hdfc b... - - - - 1.46
invesco india aggressive ... 1.11 - - - 1.70
kamla vachani 6.45 6.42 6.38 6.28 6.26
kotak midcap fund - - - - 2.47
motilal oswal nifty midca... - 2.24 - - 3.95
nippon life india trustee... - - - - 2.28
nps trust- a/c hdfc pensi... - - - - 1.83
sbi life insurance co. lt... - - - 1.37 1.72
uti-flexi cap fund - 1.55 1.47 - 1.77
canara robeco mutual fund... - - - 1.12 -
hdfc mutual fund-hdfc arb... 1.26 - - 1.32 -
hsbc small cap fund - - 1.35 1.16 -
invesco india business cy... - - - 1.31 -
kotak mahindra trustee co... - 1.51 - 2.29 -
motilal oswal innovation ... - - - 6.00 -
nippon life india trustee... - - - 2.02 -
uti quant fund - - - 1.58 -
axis elss tax saver fund - 1.32 1.29 - -
hdfc mutual fund - hdfc s... - - 1.32 - -
invesco india equity savi... - - 1.24 - -
kotak emerging equity sch... 1.68 - 2.53 - -
life insurance corporatio... 1.20 1.17 1.07 - -
motilal oswal nifty midsm... - - 4.99 - -
nippon life india trustee... - - 1.96 - -
canara robeco mutual fund... - 1.14 - - -
hdfc large and mid cap fu... - 1.08 - - -
hsbc midcap fund - 1.25 - - -
invesco india elss tax sa... - 1.01 - - -
nippon life india trustee... - 2.30 - - -
axis mutual fund trustee ... 1.20 - - - -
hsbc flexi cap fund 1.50 - - - -
kotak funds - india midca... 1.01 - - - -
nippon life india trustee... 2.44 - - - -
uti small cap fund 1.41 - - - -

Annual Reports

Title Link
Title Link
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

TYPE AGENCY Link
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Credit ICRA
Credit ICRA
Credit ICRA
TYPE AGENCY Link
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Research BOB Capital Market
Research BOB Capital Market
Research BOB Capital Market
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Research Edelweiss
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Concalls & Presentations

TYPE QUARTER Link
TYPE QUARTER Link
Concall Q4FY24
Concall Q4FY23
Concall Q4FY22
Concall Q3FY25
Concall Q3FY24
Concall Q3FY21
Concall Q2FY24
Concall Q2FY21
Concall Q1FY26
Concall Q1FY25
Concall Q1FY24
Concall Q1FY21
Concall Q1FY20
TYPE QUARTER Link
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Presentation Q4FY24
Presentation Q4FY19
Presentation Q3FY24
Presentation Q3FY21
Presentation Q3FY20
Presentation Q2FY20
Presentation Q1FY25
Presentation Q1FY24
Presentation Q1FY22
Presentation Q1FY21

Company News

Dixon Technologies Stock Price Analysis and Quick Research Report. Is Dixon Technologies an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Dixon Technologies. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Dixon Technologies has a PE ratio of 72.0150014629086 which is high and comparatively overvalued.

  • Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Dixon Technologies has ROA of 17.9254% which is a good sign for future performance. (Higher values are always desirable.)

  • Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Dixon Technologies has a Current ratio of 1.0528.

  • Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Dixon Technologies has a ROE of 32.769%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Dixon Technologies has a Debt to Equity ratio of 0.085 which means that the company has low proportion of debt in its capital.

  • Sales growth: Dixon Technologies has reported revenue growth of -15.761% which is poor in relation to its growth and performance. 

  • Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Dixon Technologies for the current financial year is 4.59349367697975%.

  • Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Dixon Technologies is Rs 8 and the yield is 0.0703%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Dixon Technologies is Rs 157.9046. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Dixon Technologies in Ticker for free. Also, one can get the intrinsic value of Dixon Technologies by using Valuation Calculators, which are available with a Finology ONE subscription. 

Dixon Technologies FAQs

Q1. What is Dixon Technologies share price today?
Ans: The current share price of Dixon Technologies is Rs 11371.5.

Q2. What is the market capitalisation of Dixon Technologies?
Ans: Dixon Technologies has a market capitalisation of Rs 69140.87262495 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Dixon Technologies?
Ans: The PE ratio of Dixon Technologies is 72.0150014629086 and the P/B ratio of Dixon Technologies is 22.8314994581999, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Dixon Technologies share?
Ans: The 52-week high share price of Dixon Technologies is Rs 18471, and the 52-week low share price of Dixon Technologies is Rs 9600.

Q5. Does Dixon Technologies pay dividends?
Ans: Currently, Dixon Technologies pays dividends. Dividend yield of Dixon Technologies is around 0.0703%.

Q6. What are the face value and book value of Dixon Technologies shares?
Ans: The face value of Dixon Technologies shares is Rs 2, while the book value per share of Dixon Technologies is around Rs 498.0619. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Dixon Technologies?
Ans: Dixon Technologies has a total debt of Rs 176.66 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Dixon Technologies?
Ans: The ROE of Dixon Technologies is 32.769% and ROCE of Dixon Technologies is 38.0171%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Dixon Technologies a good buy for the long term?
Ans: The Dixon Technologies long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Dixon Technologies undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Dixon Technologies appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Dixon Technologies’s financials?
Ans: You can review Dixon Technologies’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Dixon Technologies

Dixon Share Price, Stock Analysis & Company Profile

Dixon Technologies (India) Limited is the largest home-grown design-focused Electronics Manufacturing Services (EMS) player in India. Established in 1993, the company has transformed into a diversified manufacturing giant, acting as a crucial partner for global and domestic brands.

This page serves as a professional hub for investors to track the Dixon share price, conduct a comprehensive Dixon stock analysis, and monitor the Dixon Technologies share price trends.

About Dixon Technologies (India) Limited

Founded by Mr. Sunil Vachani with a modest capital, Dixon Technologies began its journey manufacturing colour televisions in 1994. Today, it is a "Maharatna" in the Indian electronics space, providing end-to-end solutions including product design, global sourcing, manufacturing, and even after-sales service.

Headquartered in Noida, Dixon is a primary beneficiary of the Government of India's Production Linked Incentive (PLI) schemes across various sectors. The company operates through several state-of-the-art manufacturing facilities in India, catering to massive product categories ranging from mobile phones to home appliances and lighting solutions.

Dixon Technologies Business Model

Dixon operates a versatile "B2B" business model, serving as either an Original Equipment Manufacturer (OEM) or an Original Design Manufacturer (ODM) for its clients. Its revenue is diversified across several high-growth verticals:

  • Consumer Electronics: Manufacturing of LED TVs and Smart TVs for top global brands like Samsung, Xiaomi, and Panasonic.

  • Mobile Phones & EMS: This is the fastest-growing segment, where Dixon assembles smartphones for giants like Motorola, Google (Pixel), and Xiaomi.

  • Home Appliances: A leading manufacturer of semi-automatic and fully-automatic washing machines for brands like Samsung and Godrej.

  • Lighting Products: High-volume production of LED bulbs, battens, and downlighters for clients such as Philips and Havells.

  • IT Hardware & Security: Expanding into notebooks (laptops) with partners like HP and ASUS, alongside CCTV systems and medical electronics.

Dixon Technologies IPO and Listing Details

Dixon's entry into the public markets in 2017 was a significant milestone, marking it as a preferred "Make in India" play for institutional and retail investors.

  • Listing Year: 2017
  • IPO Listing Date: 18 September 2017
  • IPO Price: Rs 1,766 per share
  • Listing Price: Rs 2,725 (NSE) / Rs 2,721 (BSE)
  • Listing Gain: An exceptional debut with approximately 54% listing gains on the first day.
  • Face Value at Listing: Rs 10 per share
  • ISIN: INE852O01025
  • Listing Exchanges: NSE and BSE
  • NSE Symbol: DIXON
  • BSE Scrip Code: 540699

Dixon Technologies Corporate Action History

Dixon has a history of rewarding its shareholders as the company has scaled, primarily through stock splits to improve affordability for retail investors.

Stock Split History

To enhance liquidity and retail participation, the company executed a significant stock split.

  • 2021: Stock Split from a Face Value of Rs 10 to Rs 2.

  • Ex-Split Date: 18 March 2021

  • Ratio: 5:1 (Investors received 5 shares for every 1 share held).

Dividend Policy

Dixon is a regular dividend-paying company, though it reinvests a large portion of its profits into aggressive capacity expansion.

  • FY 2024-25: Declared a final dividend of Rs 5.00 per share.

  • FY 2025-26: Declared a final dividend of Rs 8.00 per share (400% of face value) in May 2025.

  • Trend: The company typically declares an annual final dividend following the audit of its yearly results.

Investor Resources Available on This Page

Retail investors can find a professional-grade analytical suite on this page to perform a thorough Dixon stock analysis:

  • Price Chart: Track the historical performance and momentum of the Dixon Technologies share price. (data delayed by 15 minutes)

  • Company Ratios: Access critical metrics such as PE ratio, ROE, ROCE, and Operating Profit Margins (OPM).

  • Quarterly Results: Monitor volume growth and margin trends across various business verticals.

  • Financial Statements: Review the Balance Sheet and Cash Flow Statement to evaluate capital expenditure (CapEx) trends.

  • Shareholding Pattern: Track stakes held by Promoters, Foreign Institutional Investors (FIIs), and Mutual Funds.

  • Pros & Cons: A simplified look at the company's strengths (PLI benefits, large client base) versus risks (low margins, raw material costs).

  • Annual Reports: Download official company filings and investor presentations directly from the reports section.

Frequently Asked Questions (FAQs)

Q1. What is the latest Dixon Technologies share price?
The updated market price is displayed at the top of this page. Note that the price chart and data from the NSE and BSE are subject to a 15-minute delay.

Q2. When was the last Dixon stock split?
Dixon Technologies split its shares in March 2021, reducing the face value from Rs 10 to Rs 2 per share.

Q3. Does Dixon Technologies pay regular dividends?
Yes, the company usually pays an annual dividend. For the latest financial year, it declared a dividend of Rs 8.00 per share.

Q4. Who are the main customers of Dixon?
Dixon manufactures for major global brands including Samsung, Xiaomi, Motorola, Philips, Panasonic, HP, and ASUS.

Q5. Is Dixon Technologies a beneficiary of PLI schemes?
Yes, Dixon is a major beneficiary of multiple Production Linked Incentive (PLI) schemes, including those for Mobile Phones, IT Hardware, and Air Conditioners.

Q6. What is the current face value of Dixon shares?
Following the 5:1 split in 2021, the current face value of each equity share is Rs 2.

Q7. Where can I find Dixon's latest Annual Report?
You can download the latest Annual Reports and investor presentations from the "Reports" or "Documents" section available on this page.

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