Avsar.

Consumer Discretionary · Consumer Electronics

Dixon Technologies (India) Ltd (DIXON)

₹11,000.00

Mkt cap
₹67,288 Cr
P/E ratio
43.40
P/B
11.45
Div yield
0.09%
ROE
18.90%
ROCE
29.20%
EPS (TTM)
₹253.46
Book value
₹961
52W range
9,600–15,775
Sector
Consumer Discretionary

Price history

Previous close

Dixon Technologies (India) Limited, incorporated in 1993 , is a Electronic Manufacturing Services (EMS) company with operations in the electronic products vertical such as consumer electronics, lighting, home appliance, closed-circuit television cameras (CCTVs), and mobile phones. It also undertakes reverse logistics operations. Besides, it manufactures security surveillance equipment, wearables & audibles, AC-PCBs. Recently, it has entered a JV with Imagine Marketing Private Limited for designing and manufacturing wireless audio solutions in India. [1]

NSE DIXONBSE 540699
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthHigh
TechnicalsNeutral
52-week range
−30.27% from high
₹11,000
₹9,600+14.58% from low₹15,775
Current
₹11,000.00
Prev close
₹11,488.00
Day
−4.25%
Price performance
1D
−4.25%
1W
−1.71%
1M
−16.98%
3M
−23.28%
6M
−2.87%
1Y
−29.54%
YTD
−9.58%

Financials

Revenue, profit & margin
P/E ratio
43.4×
DIXON is 16% above the sector median of 37.4×
DIXON43.4×
Sector median37.4×
 Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026Trend
Sales4,9434,8184,6586,58011,53410,45410,29312,83614,85510,67210,51115,54821,794
Expenses4,7444,6344,4766,33211,10810,0639,85012,35314,29410,25710,10215,08521,197
Operating Profit199184182248426391443482561414408463597
OPM %4.0%3.8%3.9%3.8%3.7%3.7%4.3%3.8%3.8%3.9%3.9%3.0%2.7%
Other Income3419162061026584971399053772
Interest17222129384146333843242426
Depreciation36415155667586939699105107110
Profit before tax149126130180529285576366924412370869532
Tax %24%23%25%22%22%24%19%23%19%22%19%17%23%
Net Profit1139797140412216465280746321298718411
EPS in Rs18.0216.1215.9122.3465.1528.5066.5437.20110.7247.3442.17108.6056.18
Raw PDF

Earnings

Results dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +0.62% · closed higher next day 21 of last 34
 Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25†Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27Q2FY27
Broadcast31 Jan '24◦15 May '24◦30 Jul '24◦24 Oct '24◦20 Jan '25◦20 May '25◦22 Jul '25◦17 Oct '25◦29 Jan '26◦12 May '26◦31 Jul '2630 Oct '26◦
Earnings day+2.22%+1.94%+1.08%−7.43%−13.75%−5.76%+2.76%−3.74%+1.05%+9.73%−1.12%—
+1 day+4.12%+10.31%−2.56%−5.44%−16.20%−8.43%+4.07%−6.52%+0.02%+9.52%−0.43%—
+5 days+3.89%+13.87%−3.09%−4.12%−16.93%−10.56%+4.05%−7.11%+11.27%+8.47%+0.47%—
+15 days+13.12%+20.48%+7.37%−1.19%−15.74%−10.72%−0.99%−8.25%+7.11%+13.32%+3.71%—
+30 days+16.21%+47.74%+7.31%+16.43%−19.19%−8.47%+10.82%−17.92%−0.72%+18.49%−6.19%—
FilingXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLPDFXBRLXBRLXBRL

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Results analysis

Shareholding

as of Sep 2026
28.50%Promoter
Promoters28.50%0.05
FIIs18.96%1.09
DIIs28.72%0.34
Public23.83%1.37
Ownership trend

Peers

7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Dixon Technolog.₹11,000.0043.3967,2880.09%411−48.71%21,794+46.71%29.21%
Havells India₹1,013.8037.4963,6220.99%349+9.57%6,432+34.58%24.90%
PG Electroplast₹530.0570.1415,2000.05%14+395.29%934+42.50%10.32%
IKIO Tech₹161.0126.761,2440.00%11+408.96%169+40.91%9.49%
Onida Electronics₹25.15—9290.00%−14−13.53%182+29.51%−17.01%
Cellecor Gadgets₹27.2516.316460.00%20+23.34%650+8.35%22.68%
CWD₹266.9054.986230.00%6+56.12%106+293.56%18.25%
Median: 19 Co.₹134.1537.363480.00%5+35.99%73+36.16%11.60%

Filings

Annual reports9
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021Annual Report 2020Annual Report 2019Annual Report 2018
Concall transcripts79
RECOct 2026TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptOct 2024PPTOct 2024
Credit ratings6
Rating update 6 JanicraRating update 28 Nov 2025icraRating update 9 Aug 2024icraRating update 18 Apr 2024icraRating update 29 Nov 2023icraRating update 30 Aug 2023icra
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Oct - Announcement under Regulation 30 of SEBI LODR- Copy of Newspaper publication of Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter and …Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 30 Oct - Audio recording of Dixon’s Q2 FY2027 results conference call uploaded on website.Results For The Quarter And Half Year Ended 30Th September, 2026 30 Oct - Q2 FY27 results: consolidated revenue Rs 21,863 crore, PAT Rs 411 crore; appoints Prithvi Vachani Executive Director.Announcement under Regulation 30 (LODR)-Change in Management 30 Oct - Dixon Q2 FY26 revenue rose 42% to Rs 21,863 crore; board appointed Prithvi Vachani executive director.Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th October, 2026 30 Oct - Dixon announced Q2 FY2027 results and appointed Prithvi Vachani as Executive Director for five years.