DIXON

Dixon Technologies (India) Ltd.

NSE: DIXON

BSE: 540699

Sector: Consumer Durables

Industry Group: Consumer Durables

Industry: Consumer Electronics

14,765.80-84.3 (-0.57%)

21 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

78.2 / 100

Value Score

26.5 / 100

Price Momentum Score

63.0 / 100

QVM Score

59.4 / 100

Key Metrics

Market Cap

90280.80

P/E (TTM)

48.10

P/B

19.30

P/S (TTM)

1.75

EV/EBITDA

48.07

CAPE (5Y)

105.62

ROE (TTM)

37.35

ROCE (TTM)

27.96

ROA (TTM)

8.01

Avg 3Y ROE

36.10

Earnings 3Y CAGR

94.64

Sales 3Y CAGR

59.94

Sales 5Y CAGR

45.92

Debt/Equity

0.21

Consensus TP

15250.00

Strong Buy %

20.69

Promoter Holding

28.55

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Dixon Technologies (India) Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 70.15% for 12-month ended 30 Jun 2026 and the growth was 98.65 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.21 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.01 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 48.1 indicates that the stock is expensive on a standalone basis and is at a 70.81% premium to industry median P/E

What is P/E Ratio?

Median: 28.16

Value 48.1

8.97106.93

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -0.62% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low but stable operating margin

The company reported low operating margin of 2.79% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -36 bps from 1 year ago

What is Operating profit margin?

Low dividend yield

The company has a low dividend yield of 0.07%

What is Dividend yield?

Neutral

High ROE but declining trend

The company reported strong ROE of 37.35% for 12-month ended 30 Jun 2026 but ROE declined by -905 bps from 1 year ago

What is ROE (FY)?

Moderate revenue growth and in line with median growth of industry

The company delivered moderate revenue growth of 14.34% for 12-month ended 30 Jun 2026 and the growth was 0.3 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 14.64

Value 14.34

-88.624530

Company's earnings are of moderate quality

Earnings quality score of 64.1 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

64.1 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Dixon Technologies (India) Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Dixon Technologies (India) Ltd. Shareholding Pattern

Quarterly breakdown of Dixon Technologies (India) Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	36.17	36.11	36.01	35.06	35.04	35.03	34.93	34.52	34.30	34.30	34.27	34.06	34.05	34.04	33.80	33.63	33.44	33.24	32.89	32.42	32.27	28.95	28.92	28.83	28.68	28.55
Indian Promoter	36.17	36.11	36.01	35.06	35.04	35.03	34.93	34.52	34.30	34.30	34.27	34.06	34.05	34.04	33.80	33.63	33.44	33.24	32.89	32.42	32.27	28.95	28.92	28.83	28.68	28.55
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	33.71	34.21	33.76	35.54	30.86	29.33	27.15	26.11	24.37	23.15	34.86	35.58	35.81	39.60	43.10	43.81	44.85	45.41	45.83	45.84	44.88	47.24	49.63	47.74	46.44	46.26
Mutual Funds / UTI	22.19	20.99	16.68	14.18	10.10	8.89	8.06	6.92	7.21	7.25	7.70	7.58	11.99	13.74	15.72	17.39	18.39	18.57	16.77	16.93	17.20	21.12	22.66	21.39	19.26	20.05
FI/Bank/Insurance	0.13	0.07	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.92	10.24	11.08	10.73	11.55	8.86	8.27	6.89	5.71	5.10	5.16	4.93	4.86	5.66	6.25	5.75
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	10.76	12.27	16.21	20.31	19.84	19.85	18.41	18.51	16.39	15.08	16.27	16.66	12.04	15.00	15.66	17.41	17.85	19.33	22.69	23.22	21.81	20.55	20.69	18.68	18.30	17.87
Other Institutions	0.63	0.87	0.87	1.04	0.92	0.59	0.68	0.68	0.76	0.82	0.97	1.10	0.69	0.14	0.17	0.14	0.35	0.62	0.66	0.58	0.71	0.63	1.41	2.01	2.63	2.58
Non-Institution	30.12	29.68	30.23	29.40	34.10	35.64	37.92	39.37	41.33	42.56	30.87	30.36	30.14	26.36	23.10	22.57	21.71	21.35	21.28	21.74	22.85	23.81	21.45	23.43	24.87	25.19
Bodies Corporate	1.65	0.82	0.94	0.80	0.95	0.99	1.20	1.26	1.32	1.16	1.01	1.03	0.79	0.76	0.55	0.55	0.47	0.53	0.45	0.53	0.66	0.80	0.51	0.54	0.52	0.62
Others (incl. Retail) No. of shareholders	28.47 37,441	28.86 41,918	29.29 54,290	28.60 61,153	33.15 2,11,532	34.65 2,76,596	36.72 3,01,976	38.11 3,22,155	40.01 3,77,181	41.40 3,89,235	29.86 3,65,693	29.33 3,45,720	29.35 3,66,143	25.60 3,14,617	22.55 2,84,537	22.02 2,66,464	21.24 2,51,670	20.82 2,66,017	20.83 2,83,635	21.21 3,18,046	22.19 3,72,951	23.01 4,05,643	20.94 3,38,702	22.89 4,02,994	24.35 4,68,075	24.57 4,67,463

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Consumer Electronics	17.45%	1 / 7
2	SHI: EMS	16.76%	1 / 10
3	SHI:Semiconductor	14.44%	3 / 8
4	SHI: Consumer Durables	8.57%	4 / 20
5	Nifty 200 Quality 30	3.98%	10 / 30
6	Nifty Midcap 50	2.52%	13 / 50
7	Nifty Midcap 100	1.7%	13 / 100
8	Nifty Consumption	1.67%	25 / 30
9	Nifty Midcap 150	1.4%	13 / 149
10	NIFTY Large Midcap 250	0.7%	27 / 250

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Dixon Technologies (India) Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
KSV FAMILY TRUST UNDER THE TRUSTEES MR. SUNIL VACHANI AND MRS. GAYATRI VACHANI Promoter Group	March-2024	Off Market (Acquisition) 8th Mar 2024	0.00 %	₹ 5,460.39	23.62 lac	₹ 1289.99 cr
PSV FAMILY TRUST UNDER THE TRUSTEES MR. SUNIL VACHANI AND MRS. GAYATRI VACHANI Promoter Group	March-2024	Off Market (Acquisition) 8th Mar 2024	0.00 %	₹ 5,460.40	94.50 lac	₹ 5159.96 cr
GEETA VASWANI Promoter Group	August-2021	Market Sale (Disposal) 16th Aug 2021	1.18 %	₹ 4,211.17	506.00	₹ 21.31 lac
SAURABH GUPTA KMP	August-2021	Market Sale (Disposal) 16th Aug 2021	0.26 %	₹ 4,183.32	1.43 k	₹ 59.61 lac
GEETA VASWANI Promoter Group	August-2021	Market Sale (Disposal) 12th Aug 2021	1.18 %	₹ 4,360.15	844.00	₹ 36.80 lac
GEETA VASWANI Promoter Group	August-2021	Market Sale (Disposal) 12th Aug 2021	1.18 %	₹ 4,329.79	156.00	₹ 6.75 lac
GEETA VASWANI Promoter Group	August-2021	Market Sale (Disposal) 5th Aug 2021	1.18 %	₹ 4,339.28	1.00 k	₹ 43.39 lac
GEETA VASWANI Promoter Group	July-2021	Market Sale (Disposal) 6th Jul 2021	1.18 %	₹ 4,490.53	157.00	₹ 7.05 lac
LALIT KUMAR SHUKLA Designated Person	July-2021	Market Sale (Disposal) 1st Jul 2021	0.04 %	₹ 4,480.31	100.00	₹ 4.48 lac
SAURABH GUPTA KMP	July-2021	Market Sale (Disposal) 1st Jul 2021	0.27 %	₹ 4,448.00	3.73 k	₹ 1.66 cr

…

Corporate Actions

History of Dixon Technologies (India) Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 8/share
Record date: 16th Sep 2025Ex-date: 16th Sep 2025
Announced on: 20th May 2025
Dividend₹ 5/share
Record date: 18th Sep 2024Ex-date: 17th Sep 2024
Announced on: 15th May 2024
Dividend₹ 3/share
Record date: 22nd Sep 2023Ex-date: 22nd Sep 2023
Announced on: 23rd May 2023
Dividend₹ 2/share
Record date: 16th Aug 2022Ex-date: 11th Aug 2022
Announced on: 30th May 2022
Dividend₹ 1/share
Record date: 21st Sep 2021Ex-date: 20th Sep 2021
Announced on: 27th May 2021

Company Profile

Overview of Dixon Technologies (India) Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Dixon Technologies (India) Limited is an India-based electronics manufacturing services (EMS) provider. The Company is engaged in manufacturing various verticals, including consumer durables, lighting solutions, home appliances, and mobile phones. It operates through a single segment, which is Elect...

Key personnel

Shri. Saurabh Gupta

Chief Financial Officer, Director - Finance

Mr. Josh Foulger

President - IT Hardware & New Projects in Padget Electronics Private Limited

Mr. Abhijit Kotnis

President and Chief Operating Officer - Consumer Electronics

Mr. Sukhvinder Kumar

Chief Executive Officer - Telecommunications

Mr. Rajeev Lonial

President, Chief Operating Officer - Home Appliances

Mr. Kamlesh Kumar Mishra

President - Mobile Division

Mr. Pankaj Sharma

President, Chief Operating Officer - Wearables and Hearables

Mr. Ashish Kumar

Chief Legal Counsel, Group Company Secretary, Compliance Officer

View all

Incorporated on

15 Jan 1993

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

18 Sep 2017

Free Float

3,66,01,287

Website

https://dixoninfo.com/

Phone no.

+911204737200

Address

B 14 & 15, Noida Phase II, NOIDA, 201305, India

Frequently Asked Questions

What is the current share price of Dixon Technologies (India) Ltd.?

The current share price of Dixon Technologies (India) Ltd. is ₹ 14,765.80 as of 21 Aug 2026.

What is the market capitalisation of Dixon Technologies (India) Ltd.?

The market capitalisation of Dixon Technologies (India) Ltd. stands at ₹ 90,280.80 Cr.

What is the PE ratio of Dixon Technologies (India) Ltd.?

The Price-to-Earnings (PE) ratio of Dixon Technologies (India) Ltd. is 48.10 as of the latest trailing twelve months data.

What is the ROE and ROCE of Dixon Technologies (India) Ltd.?

Dixon Technologies (India) Ltd. has a Return on Equity (ROE) of 37.35% and a Return on Capital Employed (ROCE) of 27.96% as per the latest financial reports.

What is the 52-week high and low of Dixon Technologies (India) Ltd.?

The 52-week high of Dixon Technologies (India) Ltd. is - and the 52-week low is -.

What is the dividend yield of Dixon Technologies (India) Ltd.?

The dividend yield of Dixon Technologies (India) Ltd. is 0.07% based on the current market price.

What is the FII and DII holding in Dixon Technologies (India) Ltd.?

Foreign Institutional Investors (FII) hold 17.87%, Domestic Institutional Investors (DII) hold 25.80% and retail/public investors hold 24.57% of Dixon Technologies (India) Ltd. shares.

What sector does Dixon Technologies (India) Ltd. belong to?

Dixon Technologies (India) Ltd. operates in the Consumer Durables sector. 62.07% of analysts have a Buy or Strong Buy rating on Dixon Technologies (India) Ltd. with a consensus target price of ₹ 15,250.00, implying 3.28% upside from current levels.

What is the beta of Dixon Technologies (India) Ltd.?

The beta of Dixon Technologies (India) Ltd. is 1.48, indicating its price volatility relative to the broader market. Over the past 1 year, Dixon Technologies (India) Ltd. has delivered an absolute return of -7.44%.

What is the RSI of Dixon Technologies (India) Ltd.?

The 14-day Relative Strength Index (RSI) of Dixon Technologies (India) Ltd. is 65.68, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Dixon Technologies (India) Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Dixon Technologies (India) Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Corporate Actions

Holdings and Presence

Stock Analysis

Company Profile