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Dixon Tech. (India) share price

Dixon Technologies (India) Ltd.

  6.21 L   2.61 K   549 NSE: DIXON BSE: 540699 SECTOR: Consumer Durables - Electronics

13100.00
0 0
BSE: 18 Sep 04:01 PM

Price Summary

Today's High

₹ 13381.65

Today's Low

₹ 13070

52 Week High

₹ 18471.5

52 Week Low

₹ 9605.05

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

80133.47 Cr.

Enterprise Value

80283.68 Cr.

No. of Shares

6.12 Cr.

P/E

64.54

P/B

22.25

Face Value

₹ 2

Div. Yield

0.08 %

Book Value (TTM)

₹  588.66

CASH

21.99 Cr.

DEBT

172.2 Cr.

Promoter Holding

28.55 %

EPS (TTM)

₹  202.98

Sales Growth

-27.23%

ROE

29.32 %

ROCE

32.7%

Profit Growth

34.2 %

* 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-27.23%
3 Year-17.49%
5 Year-7.08%

Profit Growth

1 Year34.2%
3 Year53.21%
5 Year37.96%

ROE%

1 Year29.32%
3 Year25.6%
5 Year23.22%

ROCE %

1 Year32.7%
3 Year30.62%
5 Year28.46%

Debt/Equity

0.0555

Price to Cash Flow

-773.71

Interest Cover Ratio

17.093

CFO/PAT (5 Yr. Avg.)

0.55151592805548

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 28.55 0.00
Mar 2026 28.68 0.00
Dec 2025 28.83 0.00
Sep 2025 28.92 0.00
Jun 2025 28.95 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 53.2148266085163% for the Past 3 years.
  • Company has been maintaining healthy ROE of 25.5967666666667% over the past 3 years.
  • Company has been maintaining healthy ROCE of 30.6222333333333% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 17.093.
  • The company has an efficient Cash Conversion Cycle of 15.5308 days.

 Limitations

  • The company has shown a poor revenue growth of -17.4905298300247% for the Past 3 years.
  • Company has negative cash flow from operations of -103.57.
  • Tax rate is low at 14.4938.
  • The company is trading at a high PE of 64.54.
  • The company is trading at a high EV/EBITDA of 51.2824.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 890.86 1385.8 792.5 861.32 1079.62
Total Expenditure 841.62 1310.1 736.71 831.7 1010.95
Operating Profit 49.24 75.7 55.79 29.62 68.67
Other Income 6.52 521.84 192.33 81.29 540.28
Interest 14.84 13.39 19.05 6.99 8.02
Depreciation 18.85 17.66 16.48 16.9 16.66
Exceptional Items 0 0 0 0 0
Profit Before Tax 22.07 566.49 212.59 87.02 584.27
Tax 6.14 87.96 25.51 9.12 86.17
Profit After Tax 15.93 478.53 187.08 77.9 498.1
Adjusted EPS (Rs) 2.63 79.1 30.82 12.81 81.52

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

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 7484.41 6997.4 6411.4 5400.9 3930.48
Total Expenditure 7200.71 6633.7 6094.1 5152.81 3719.21
Operating Profit 283.7 363.7 317.3 248.09 211.27
Other Income 2.62 18.47 37.29 66.47 801.98
Interest 35.23 39.31 43.63 54.53 55.19
Depreciation 50.72 57.61 63.98 70.65 69.89
Exceptional Items 0 0 0 489.5 0
Profit Before Tax 200.37 285.25 246.98 678.88 888.17
Tax 49.41 74.1 61.32 112.98 128.73
Net Profit 150.96 211.15 185.66 565.9 759.44
Adjusted EPS (Rs.) 25.44 35.46 31.05 93.93 124.91

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 11.87 11.91 11.96 12.05 12.16
Total Reserves 910.39 1154.49 1382.34 2170.72 3226.85
Borrowings 174.6 59.39 44.25 27 0
Other N/C liabilities 155.86 189.83 166.88 221.81 197.64
Current liabilities 1473.13 1316.43 1228.09 1048.83 872.17
Total Liabilities 2725.85 2732.05 2833.52 3480.41 4308.82
Assets
Net Block 607.74 740.89 823.74 842.14 796.25
Capital WIP 18.96 52.33 34.35 174.18 366.7
Intangible WIP 0 0 0 0 0
Investments 91.87 107.74 124.26 1086.05 1906.88
Loans & Advances 101.61 276.96 483.73 273.88 42.31
Other N/C Assets 0 0 0 0 0
Current Assets 1905.67 1554.13 1367.44 1104.16 1196.68
Total Assets 2725.85 2732.05 2833.52 3480.41 4308.82
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 200.37 285.25 246.98 678.88 888.17
Adjustment 82.15 91.9 78.21 -366.99 -622.15
Changes in Assets & Liabilities -19.77 91.51 -16.32 18.93 -232.44
Tax Paid -48.49 -64.2 -69.56 -52.23 -137.15
Operating Cash Flow 214.26 404.46 239.31 278.59 -103.57
Investing Cash Flow -248.96 -282.95 -265.83 -381.69 -42.8
Financing Cash Flow 110.07 -188.93 2.31 120.84 130.47
Net Cash Flow 75.37 -67.42 -24.21 17.74 -15.9

Corporate Actions

Super Investors

Investors Details

PARTICULARS Jun 2025% Sep 2025% Dec 2025% Mar 2026% Jun 2026%
promoters 28.95 28.92 28.83 28.68 28.55
gayatri vachani 6.43 6.42 6.41 6.39 6.36
ksv family trust under th... 3.91 3.90 3.89 3.89 3.87
psv family trust under th... 15.63 15.62 15.57 15.54 15.47
ravi vachani 0.02 0.02 0.02 0.03 0.03
sunil vachani 2.13 2.13 2.12 2.04 2.03
suresh vaswani 0.83 0.82 0.81 0.79 0.78
vachani kamal vachani sun... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Jun 2025% Sep 2025% Dec 2025% Mar 2026% Jun 2026%
investors 71.05 71.08 71.17 71.32 71.45
atul behari lall 3.25 3.25 3.24 3.28 3.20
hdfc life insurance compa... 1.03 1.12 1.12 1.15 1.17
hdfc mutual fund - hdfc m... - - - - 1.72
kamla vachani 6.38 6.28 6.26 6.25 6.19
kotak focused fund - - - - 2.85
mirae asset large & midca... - - - 1.12 1.25
motilal oswal nifty midca... - - 3.95 - 1.85
nippon life india trustee... - - - - 3.70
nps trust a/c uti pension... - - - - 2.24
sbi life insurance co. lt... - 1.37 1.72 2.04 1.89
uti-flexi cap fund 1.47 - 1.77 1.77 1.52
canara robeco mutual fund... - - - 1.16 -
hdfc mutual fund - hdfc b... - - 1.46 1.81 -
kotak mahindra trustee co... - - - 1.79 -
motilal oswal nifty 500 e... - - - 2.01 -
nippon life india trustee... - 2.02 - 3.36 -
nps trust ac uti pension ... - - - 2.34 -
axis mutual fund trustee ... - 1.65 1.34 - -
canara robeco mutual fund... 1.05 - 1.18 - -
invesco india aggressive ... - - 1.70 - -
kotak midcap fund - - 2.47 - -
nippon life india trustee... - - 2.28 - -
nps trust- a/c hdfc pensi... - - 1.83 - -
canara robeco mutual fund... - 1.12 - - -
hdfc mutual fund-hdfc arb... - 1.32 - - -
hsbc small cap fund 1.35 1.16 - - -
invesco india business cy... - 1.31 - - -
kotak mahindra trustee co... - 2.29 - - -
motilal oswal innovation ... - 6.00 - - -
uti quant fund - 1.58 - - -
axis elss tax saver fund 1.29 - - - -
hdfc mutual fund - hdfc s... 1.32 - - - -
invesco india equity savi... 1.24 - - - -
kotak emerging equity sch... 2.53 - - - -
life insurance corporatio... 1.07 - - - -
motilal oswal nifty midsm... 4.99 - - - -
nippon life india trustee... 1.96 - - - -

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
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TYPE AGENCY Link
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Research BOB Capital Market
Research BOB Capital Market
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Research Edelweiss
Research Dolat Capital

Concalls & Presentations

TYPE QUARTER Link
TYPE QUARTER Link
Concall Q4FY26
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
TYPE QUARTER Link
Presentation Q4FY26
Presentation Q4FY24
Presentation Q4FY19
Presentation Q3FY24
Presentation Q3FY21
Presentation Q3FY20
Presentation Q2FY20
Presentation Q1FY25
Presentation Q1FY24
Presentation Q1FY22
Presentation Q1FY21

Company News

Dixon Tech. (India) Stock Price Analysis and Quick Research Report. Is Dixon Tech. (India) 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 Tech. (India). 

  • 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 Tech. (India) has a PE ratio of 64.0719300406454 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 Tech. (India) has ROA of 19.4997% 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 Tech. (India) has a Current ratio of 1.3721.

  • 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 Tech. (India) has a ROE of 29.3178%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Dixon Tech. (India) has a Debt to Equity ratio of 0.0555 which means that the company has low proportion of debt in its capital.

  • Sales growth: Dixon Tech. (India) has reported revenue growth of -27.2255% 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 Tech. (India) for the current financial year is 5.3751704626407%.

  • 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 Tech. (India) is Rs 10 and the yield is 0.0763%.

  • 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 Tech. (India) is Rs 202.975. The higher the EPS, the better it is for investors. 

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

Dixon Tech. (India) FAQs

Q1. What is Dixon Tech. (India) share price today?
Ans: The current share price of Dixon Tech. (India) is Rs 13005.

Q2. What is the market capitalisation of Dixon Tech. (India)?
Ans: Dixon Tech. (India) has a market capitalisation of Rs 79552.347093 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Dixon Tech. (India)?
Ans: The PE ratio of Dixon Tech. (India) is 64.0719300406454 and the P/B ratio of Dixon Tech. (India) is 22.0925116493194, showing how the stock is valued against its earnings and book value.

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

Q5. Does Dixon Tech. (India) pay dividends?
Ans: Currently, Dixon Tech. (India) pays dividends. Dividend yield of Dixon Tech. (India) is around 0.0763%.

Q6. What are the face value and book value of Dixon Tech. (India) shares?
Ans: The face value of Dixon Tech. (India) shares is Rs 2, while the book value per share of Dixon Tech. (India) is around Rs 588.661. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Dixon Tech. (India)?
Ans: Dixon Tech. (India) has a total debt of Rs 172.2 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Dixon Tech. (India)?
Ans: The ROE of Dixon Tech. (India) is 29.3178% and ROCE of Dixon Tech. (India) is 32.6952%. 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 Tech. (India) a good buy for the long term?
Ans: The Dixon Tech. (India) 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 Tech. (India) undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Dixon Tech. (India) appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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

Last Updated on:
Brief about Dixon Tech. (India)

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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