DIXON
Dixon Technologies (India) Limited (DIXON) Stock Analysis
Dixon Technologies (India) Limited is a major Indian electronics manufacturing services company. It assembles smartphones, TVs, appliances, and lighting for global and Indian brands. PLI schemes and domestic manufacturing push drive its rapid capacity growth. The company is listed on Indian stock exchanges and is headquartered in India.
Technology › Consumer Electronics
₹13,181.00
-4.80% 1W | -27.20% 52W
Market Cap
80.1k CR
P/E Ratio
43.7
52W High
₹18471
52W Low
₹9600
Div. Yield
0.07%
Beta
-0.2
50 DMA
₹14094.8
200 DMA
₹11988.5
Profit Margin
3.6%
Inst. Own.
35.2%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,272 | 4,943 | 4,818 | 4,658 | 6,580 | 11,534 | 10,454 | 10,293 | 12,836 | 14,855 | 10,672 | 10,511 | 15,548 |
| Expenses | 3,140 | 4,744 | 4,634 | 4,476 | 6,332 | 11,108 | 10,063 | 9,850 | 12,353 | 14,294 | 10,257 | 10,102 | 15,085 |
| Operating Profit | 132 | 199 | 184 | 182 | 248 | 426 | 391 | 443 | 482 | 561 | 414 | 408 | 463 |
| OPM % | 4.0% | 4.0% | 3.8% | 3.9% | 3.8% | 3.7% | 3.7% | 4.3% | 3.8% | 3.8% | 3.9% | 3.9% | 3.0% |
| Other Income | 6 | 3 | 4 | 19 | 16 | 206 | 10 | 265 | 8 | 497 | 139 | 90 | 537 |
| Interest | 14 | 17 | 22 | 21 | 29 | 38 | 41 | 46 | 33 | 38 | 43 | 24 | 24 |
| Depreciation | 34 | 36 | 41 | 51 | 55 | 66 | 75 | 86 | 93 | 96 | 99 | 105 | 107 |
| Profit before tax | 90 | 149 | 126 | 130 | 180 | 529 | 285 | 576 | 366 | 924 | 412 | 370 | 869 |
| Tax % | 25% | 24% | 23% | 25% | 22% | 22% | 24% | 19% | 23% | 19% | 22% | 19% | 17% |
| Net Profit | 67 | 113 | 97 | 97 | 140 | 412 | 216 | 465 | 280 | 746 | 321 | 298 | 718 |
| EPS in Rs | 11.55 | 18.02 | 16.12 | 15.91 | 22.34 | 65.15 | 28.50 | 66.54 | 37.20 | 110.72 | 47.34 | 42.17 | 108.60 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,201 | 1,389 | 2,457 | 2,842 | 2,984 | 4,400 | 6,448 | 10,697 | 12,192 | 17,691 | 38,860 | 48,873 | 51,585 |
| Expenses | 1,169 | 1,340 | 2,365 | 2,729 | 2,848 | 4,172 | 6,156 | 10,313 | 11,673 | 16,986 | 37,345 | 47,000 | 49,738 |
| Operating Profit | 32 | 49 | 92 | 113 | 136 | 228 | 292 | 384 | 519 | 705 | 1,515 | 1,873 | 1,847 |
| OPM % | 2.7% | 3.5% | 3.7% | 4.0% | 4.6% | 5% | 4.5% | 3.6% | 4.3% | 4.0% | 3.9% | 3.8% | 3.6% |
| Other Income | 2 | 23 | 1 | 4 | 6 | 5 | 1 | 4 | 4 | 32 | 497 | 731 | 1,263 |
| Interest | 10 | 13 | 16 | 13 | 26 | 39 | 33 | 49 | 64 | 81 | 162 | 141 | 129 |
| Depreciation | 7 | 8 | 11 | 15 | 22 | 37 | 44 | 84 | 115 | 162 | 281 | 393 | 407 |
| Profit before tax | 17 | 51 | 66 | 88 | 94 | 157 | 217 | 255 | 345 | 494 | 1,570 | 2,071 | 2,574 |
| Tax % | 24% | 16% | 28% | 31% | 32% | 23% | 26% | 25% | 26% | 24% | 21% | 21% | |
| Net Profit | 13 | 43 | 48 | 61 | 63 | 120 | 160 | 190 | 255 | 375 | 1,233 | 1,644 | 2,082 |
| EPS in Rs | 7.65 | 27.46 | 8.66 | 10.76 | 11.19 | 20.81 | 27.28 | 32.05 | 42.90 | 61.47 | 181.87 | 236.61 | 308.83 |
| Dividend Payout % | 3% | 9% | 14% | 4% | 4% | 4% | 4% | 6% | 7% | 8% | 4% | 4% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 59.0% | 50.0% | 43.0% |
| Profit CAGR | 41.0% | 35.0% | 35.0% |
Shareholding Pattern
Promoters28.95%
FIIs20.55%
DIIs26.68%
Public23.81%
Promoters28.92%
FIIs20.69%
DIIs28.93%
Public21.45%
Promoters28.83%
FIIs18.68%
DIIs29.06%
Public23.43%
Promoters28.69%
FIIs18.30%
DIIs28.14%
Public24.87%
Promoters28.55%
FIIs17.87%
DIIs28.38%
Public25.20%
Promoters34.05%
FIIs12.04%
DIIs23.76%
Public30.13%
Promoters33.44%
FIIs17.85%
DIIs27.01%
Public21.71%
Promoters32.27%
FIIs21.81%
DIIs23.07%
Public22.86%
Promoters28.69%
FIIs18.30%
DIIs28.14%
Public24.87%
Promoters28.55%
FIIs17.87%
DIIs28.38%
Public25.20%
DIXON
Holdings Analysis
Key strengths & risk signals
66
Overall
79
Fundamental
54
Technical
Risks (4)
LOW MARGIN! 3.6% profit margin - thin profits.
POOR YEAR! Stock declined 25.4% in the last year.
RECOVERY MODE! Current price (13180.0) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - -6.5% (1 week), -6.7% (1 month), 2.7% (3 months).
Strengths (4)
UNDERVALUED! PEG of 0.55 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (14093.6) is above 200-day average (11984.8) - positive signal.
LOW VOLATILITY! Beta of -0.20 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 34.2 - watch for reversal.
Fundamental & Technical Analysis
66Overall
79Fundamental
54Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 58.6% (EXCELLENT, 15/15). Profit CAGR: 77.9% (EXCELLENT, 15/15).
Profit Margin
2/10
LOW MARGIN! 3.6% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.55 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.07% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.19 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 26.36% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (14093.6) is above 200-day average (11984.8) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (13180.0) above 200-day but below 50-day.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
1/10
POOR YEAR! Stock declined 25.4% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 10 up days, 19 down days. Avg volume on up days: 331,506 vs down days: 347,054. Ratio: 0.96x
RSI
4/5
APPROACHING OVERSOLD! RSI at 34.2 - watch for reversal.
52W Range
3/5
MID RANGE! Trading at 40.4% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -6.5% (1 week), -6.7% (1 month), 2.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of -0.20 - stable stock, less market risk.
DIXON
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-05 | Concall PDF | |
| Q4FY262026-05-15 | Concall PDF | |
| Q3FY262026-02-03 | Concall PDF | |
| Q1FY262025-10-24 | Concall PDF |
Peer Comparison
Technology · Consumer Electronics · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DIXON | ₹13,181.00 | 43.7 | 3.6% | 58.6% | 77.9% | -27.2% | 69 | BREAKDOWN | +194.8% | +158.7% | +21.1% | +47.9% |
| LGEINDIA | ₹1,629.60 | 60.7 | 7.1% | 1.3% | – | -3.1% | 47 | APPROACHING RESISTANCE | – | -5.7% | +15.5% | -10.2% |
| BPL | ₹46.70 | – | -18.4% | 14.4% | – | -45.4% | 41 | BREAKDOWN | -229.6% | -69.0% | +9.7% | +9.2% |
| PALREDTEC | ₹49.80 | – | -4.3% | -19.5% | – | +7.7% | 48 | BREAKDOWN | -60.0% | +25.0% | +63.7% | +1.4% |
| COFORGE | ₹1,775.50 | 36.4 | 9.6% | 26.9% | 30.9% | +5.3% | 79 | CONSOLIDATING DOWN | +63.4% | -15.3% | +49.2% | +24.2% |
| PERSISTENT | ₹5,440.00 | 44.5 | 12.2% | 20.9% | 26.5% | -1.0% | 76 | BREAKDOWN | +13.7% | -8.7% | +29.1% | +6.1% |
| WAAREEENER | ₹2,501.00 | 18.9 | 12.7% | 57.8% | 97.4% | -29.1% | 60 | APPROACHING RESISTANCE | +14.1% | -19.9% | +79.2% | -6.5% |
| OFSS | ₹11,510.00 | 29.6 | 38.2% | 10.4% | 13.5% | +29.3% | 80 | BREAKDOWN | +120.5% | +68.2% | +68.7% | +51.3% |
Data from TradeAlone · Updated daily
