Dixon Technologies (India) Limited share price
NSE: DIXON · ISIN INE935N01020
Key numbers
- Market cap
- ₹ 81,414 Cr
- Current price
- ₹ 13,390.00
- 52-week high / low
- ₹ 17,637 / 9,600
- Stock P/E
- 43.7
- Book value
- ₹ 897.7
- Dividend yield
- 0.07%
- ROCE
- 47.1%
- ROE
- 37.4%
- Debt to equity
- 0.21
- Sales growth (3 yrs)
- 58.6%
- Profit growth (3 yrs)
- 77.9%
- 1-year return
- -26.3%
About Dixon Technologies (India) Limited
Dixon Technologies (India) Limited, together with its subsidiaries, engages in the manufacture and sale of electronic goods in India and internationally. The company offers display solutions, such as LED TVs, interactive flat panels, digital signages, and monitors; and lightning solutions, including special lamps, battens, bulbs, downlights, and strips and rope lights. It also provides home appliances comprising semi-automatic top loader and fully automatic top load; refrigerators; smartphones, foldable, and feature mobile phones; wireless wearables and hearables; computing devices; and telecommunication and networking products, which include 5G fixed wireless access devices, optical network terminals, and IPTV set-top boxes. In addition, the company is involved in the provision of electronic manufacturing services; trading; reverse logistics, such as repair and refurbishment of LED TV panels; repair of mobile phones; research and development; design and prototyping; manufacturing and assembly; and quality and performance. It exports its products. Dixon Technologies (India) Limited was incorporated in 1993 and is headquartered in Noida, India.
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 10,293 | 12,836 | 10,672 | 10,511 | 15,548 |
| Operating profit | 443 | 482 | 414 | 408 | 463 |
| Net profit | 401 | 225 | 287 | 256 | 663 |
| EPS (₹) | 77.59 | 46.47 | 53.06 | 49.22 | 118.00 |
Concall summary (2026-08-05)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Our market position, customer engagement and manufacturing capabilities remain intact, and we expect 20% to 25% volume g rowth quarter- on-quarter growth as consumer demand strengthens and we have a strong order book.
- So quarter 2 against quart er 1, we are expecting a 20%, 25% kind of a growth.
Growth & demand
- Mobile volume performance was aligned with temporary demand contraction seen across the broader smartphone market by 10% to 12%, while our top line witnessed a strong revenue growth due to higher input cost realization.
- We are expanding the capacities of camera module in subsidiary Q Tech, which is an ECMS beneficiary for smartphones from 70 million annually to 180 million to 190 million annually over the next 15 to 18 months, largely catering to a captive sm artphone volumes in addition to deepening the level of manufacturing.
Margins & costs
- EBITDA, excluding fair value gain on the stake held by Dixon Aditya Infotech Limited for the quarter was INR472 crores.
- Operating margin for the quarter reflected temporary compression on account of expiry of Mobile PLI 1 in March '26 and from increased selling prices driven by elevated input costs and broader supply chain inflationary factors.
Capex & expansion
- The segment continues to deliver ro bust top line growth driven directly by the strategic investments in capacity, product portfolio expansion and in -house backward integration in molding and tooling capabilities.
- We expanded our baton production capacity to an industry -leading 5 million units per month, fully supported by backward integrated process.
Balance sheet & cash
- Our strategic focus on balance sheet optimization and capital efficiencies continue to yield strong results, driven by operational leverage, high asset turns and potential capital alloc ation with return on capital employed and return on equity at 34.1% and 23.4%, respectively.
- Enhanced working capital discipline resulted in an optimal working capital cycle of negative five days.
Peers in Consumer Electronics
Data for information only, not investment advice. Prices end of day.