Dixon Technologies (India) Ltd.

NSE: DIXON BSE: 540699 SECTOR: Consumer Durables - Electronics  162k   1k   355

3428.15
+48.90 (1.45%)
NSE: 20 May 03:59 PM

Price Summary

Today's High

₹ 3475

Today's Low

₹ 3385.9

52 Week High

₹ 6243.6

52 Week Low

₹ 3180.55

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
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

20343.31 Cr.

Enterprise Value

20432.93 Cr.

No. of Shares

5.93 Cr.

P/E

126.8

P/B

24.4

Face Value

₹ 2

Div. Yield

0.03 %

Book Value (TTM)

₹  140.48

CASH

40.93 Cr.

DEBT

130.56 Cr.

Promoter Holding

34.3 %

EPS (TTM)

₹  27.04

Sales Growth

54.56%

ROE

25.25 %

ROCE

33.32%

Profit Growth

37.4 %

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

Your Added Ratios

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Brands

These are the brands of Dixon Technologies (India) Ltd.

Cp Plus Mark

Index Presence

The company is present in 23 Indices.

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

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year54.56%
3 Year36.93%
5 Year35.29%

Profit Growth

1 Year37.4%
3 Year38.66%
5 Year47.96%

ROE%

1 Year25.25%
3 Year22.6%
5 Year24.04%

ROCE %

1 Year33.32%
3 Year30.83%
5 Year32.35%

Debt/Equity

0.1882

Price to Cash Flow

128.77

Interest Cover Ratio

7.66161511716579

CFO/PAT (5 Yr. Avg.)

1.17167823445021

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 34.3 0
Dec 2021 34.52 0
Sep 2021 34.93 0
Jun 2021 35.03 0
Mar 2021 35.04 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 38.6581446321877% for the Past 3 years.
  • The company has shown a good revenue growth of 36.9301779687885% for the Past 3 years.
  • Company has been maintaining healthy ROE of 22.6036747051348% over the past 3 years.
  • Company has been maintaining healthy ROCE of 30.8330244736123% over the past 3 years.
  • The company has an efficient Cash Conversion Cycle of -1.4556541445788 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.17167823445021.

 Limitations

  • Company has contingent liabilities of 1564.1994 Cr.
  • The company is trading at a high PE of 126.8.
  • The company is trading at a high EV/EBITDA of 71.1801.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
Net Sales 1896.93 1839.01 1530.96 2194.22 2089.51
Total Expenditure 1803.66 1762.28 1488.93 2098.81 2021.21
Operating Profit 93.27 76.73 42.03 95.41 68.3
Other Income 0.18 1.65 0.35 1.31 0.6
Interest 7.49 6 6.91 5.42 8.28
Depreciation 9.99 10.72 11.34 11.74 12.27
Exceptional Items 0 0 0 0 0
Profit Before Tax 75.97 61.66 24.13 79.56 48.35
Tax 18.68 17.14 5.91 17.19 13.02
Profit After Tax 57.29 44.52 18.22 62.37 35.33
Adjusted EPS (Rs) 9.78 7.6 3.11 10.63 5.95

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 1644.86 2210.21 2525.77 3671.5 5674.6
Total Expenditure 1560.17 2103.74 2400.22 3467.77 5401.43
Operating Profit 84.69 106.47 125.55 203.72 273.18
Other Income 0.95 3.39 4.18 9.2 2.39
Interest 15.01 13.18 25.58 38.73 30.95
Depreciation 10.03 14.35 20.04 31.78 38.46
Exceptional Items 0 0 0 0 0
Profit Before Tax 60.6 82.33 84.11 142.41 206.16
Tax 16.87 25.32 27.74 31.8 54.19
Net Profit 43.73 57.01 56.37 110.6 151.97
Adjusted EPS (Rs.) 7.96 10.07 9.96 19.12 25.95

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 10.99 11.33 11.33 11.57 11.71
Total Reserves 178.84 292.49 348.74 502.59 690.61
Borrowings 9.89 8 4.63 9.57 56.38
Other N/C liabilities 2.44 8.03 18.45 100.11 108.27
Current liabilities 295.37 348.29 720.23 797.45 1552.03
Total Liabilities 497.52 668.13 1103.37 1421.29 2419.01
Assets
Net Block 128.62 168.3 207.28 350.43 381.18
Capital WIP 1.96 12.55 18.77 9.55 71.55
Intangible WIP 0 3.39 0 0 0
Investments 9.05 13.25 18 45.01 45.03
Loans & Advances 12.09 13.81 14.42 26.6 26.51
Other N/C Assets 0 0 0 0 0
Current Assets 345.81 456.84 844.9 989.7 1894.73
Total Assets 497.52 668.13 1103.37 1421.29 2419.01
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 60.6 82.33 84.11 142.41 206.16
Adjustment 25.41 25.67 46.95 73.25 74.36
Changes in Assets & Liabilities -26.51 -28.82 -126.98 61.01 -70.22
Tax Paid -13.4 -17.77 -15.89 -38.61 -52.32
Operating Cash Flow 46.1 61.4 -11.8 238.06 157.99
Investing Cash Flow -38.9 -96.7 -53.72 -93.1 -266.13
Financing Cash Flow -7.34 42.06 66.54 -60.56 50.85
Net Cash Flow -0.15 6.77 1.01 84.39 -57.29

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 35.04 35.03 34.93 34.52 34.30
sunil vachani 33.82 33.82 33.77 33.38 26.54
gayatri vachani - - - - 6.64
geeta vaswani - - 1.13 1.12 -
geeta vaswani . 1.20 1.19 - - -
suresh vaswani - - - - 1.11
vachani kamal - - 0.01 0.01 0.01
ravi vachani - - - 0.01 0.01
ravi vachani 0.01 0.01 0.01 - -
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 64.96 64.97 65.07 65.48 65.70
sbi magnum global ... - - - - -
kamla vachani 7.67 7.64 7.59 7.47 7.47
kamla vachani - - - - -
kamala vachani - - - - -
reliance capital t... - - - - -
reliance capital t... - - - - -
life insurance cor... - 1.06 3.72 4.57 4.57
qualified institut... - - - - -
qualified institut... - - - - -
atul b lall 3.55 3.55 3.54 3.54 3.53
steadview capital... 2.33 2.03 2.02 - 2.00
steadview capital ... - - - 2.00 -
nippon life india ... - - - - -
sbi long term adva... - - - - -
atul b.lall - - - - -
icici prudential l... 2.05 1.73 1.34 1.24 1.56
nippon life india ... 2.66 - - - 2.44
nippon life india ... - 2.31 2.64 2.18 -
taiyo greater indi... - - - - -
goldman sachs indi... - - - - -
icici prudential s... - - - - -
sunita mankani 1.08 1.07 1.06 1.04 1.04
icici prudential l... - - - - -
icici prudential s... - - - - -
abu dhabi investme... - 1.04 - - -
shobha sippy 1.13 1.13 1.11 1.03 1.03
edelweiss trustees... - - - - -
principal multi ca... - - - - -
max life insuranc... - - - - -
tata mid cap growt... - - - - -
rbc asia pacific e... 1.12 1.00 1.03 - -
tata aia life insu... - - - - -
sundaram mutual fu... - - - - -
vanguard total int... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Dixon Technologies (India) informs about investors meet4 May 2022, 3:45PM Dixon Technologies (India) informs about disclosure1 Apr 2022, 1:39PM Dixon Technologies (India) informs about disclosure15 Mar 2022, 9:51AM Dixon Technologies (India) informs about disclosure8 Mar 2022, 11:43AM Dixon Technologies (India) informs about conference call27 Jan 2022, 2:06PM Dixon Technologies enters into JV agreement with Imagine Marketing18 Jan 2022, 10:30AM Dixon Technologies (India) informs about disclosure18 Jan 2022, 9:58AM Dixon Technologies (India) informs about announcement18 Jan 2022, 9:57AM Dixon Technologies enters into JV agreement with Rexxam13 Jan 2022, 9:15AM Dixon Technologies, Acer India partner for manufacturing of laptops25 Nov 2021, 9:25AM Dixon Technologies’ two arms get approval under Production Linked Incentive Scheme19 Nov 2021, 2:04PM Dixon Technologies (India) informs about financial results 29 Oct 2021, 5:25PM Dixon Technologies’ arm enters into agreement to manufacture smartphones19 Oct 2021, 10:39AM Dixon Technologies starts manufacturing of 5G millimetre waves smartphones18 Oct 2021, 9:04AM Dixon Technologies inks MoU with Rexxam to form Joint venture 10 Aug 2021, 10:34AM Dixon Technologies (India) informs about conference call26 Jul 2021, 12:51PM Dixon Technologies incorporates wholly owned subsidiary7 Jul 2021, 10:27AM Dixon Technologies gets nod for IT hardware manufacturing under 'Domestic Companies' category2 Jul 2021, 4:58PM Dixon Technologies enters into MoU with Bharti Enterprises7 Apr 2021, 12:59PM Dixon Technologies incorporates two subsidiaries 5 Apr 2021, 9:17AM Dixon Technologies (India) informs about conference call1 Feb 2021, 3:41PM Dixon Technologies’ arm inks agreement with HMD India for manufacturing of Nokia smartphones25 Jan 2021, 1:01PM Dixon Technologies enters into agreement with boAt7 Jan 2021, 9:12AM Dixon Technologies’ arm signs agreement with Motorola28 Dec 2020, 11:29AM Dixon Technologies (India) informs about revision in credit rating24 Nov 2020, 3:39PM ICRA revises Dixon Technologies’ long term rating 24 Nov 2020, 3:22PM Dixon Technologies’ arm gets approval for manufacturing of Mobile Phones9 Oct 2020, 11:22AM Dixon Technologies (India) to hold board meeting19 Aug 2020, 2:17PM Dixon Technologies reports 93% fall in Q1 consolidated net profit5 Aug 2020, 4:10PM Dixon Technologies’ JV enters into MoU with Molbio 3 Jun 2020, 2:55PM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 126.797107613781 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 7.9145926851992 % which is a bad 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 1.22080755314518 .

  • 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 25.2548572418061 % .(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 D/E ratio of 0.1882 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Dixon Technologies has an Inventory turnover ratio of 12.343681581564 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Dixon Technologies has reported revenue growth of 54.5581486408523 % which is fair 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 4.81401205000916 %.

  • 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 1 and the yield is 0.0292 %.

Brief about Dixon Technologies

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