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
₹12,340.00
-3.40% 1W | -24.20% 52W
Market Cap
75.5k CR
P/E Ratio
36.1
52W High
₹16999
52W Low
₹9600
Div. Yield
0.08%
Beta
-0.1
50 DMA
₹13696.5
200 DMA
₹12038.7
Profit Margin
3.6%
Inst. Own.
35.1%
⚡ APPROACHING SUPPORT
⚡ APPROACHING SUPPORT
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
63
Overall
79
Fundamental
47
Technical
Risks (4)
LOW MARGIN! 3.6% profit margin - thin profits.
POOR YEAR! Stock declined 24.2% in the last year.
RECOVERY MODE! Current price (12340.0) above 200-day but below 50-day.
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.4% (1 week), 6.4% (1 month), 13.9% (3 months).
Strengths (4)
UNDERVALUED! PEG of 0.46 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (13696.5) is above 200-day average (12038.7) - positive signal.
LOW VOLATILITY! Beta of -0.10 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 34.3 - watch for reversal.
Fundamental & Technical Analysis
63Overall
79Fundamental
47Technical
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 0.46 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.08% 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 (13696.5) is above 200-day average (12038.7) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (12340.0) above 200-day but below 50-day.
Trend Pattern
10/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
1/10
POOR YEAR! Stock declined 24.2% in the last year.
Volume Sentiment
10/30
BEARISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 249,011 vs down days: 336,565. Ratio: 0.74x
RSI
4/5
APPROACHING OVERSOLD! RSI at 34.3 - watch for reversal.
52W Range
2/5
LOWER HALF! Trading at 37.0% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.4% (1 week), 6.4% (1 month), 13.9% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of -0.10 - 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 | ₹12,340.00 | 36.1 | 3.6% | 58.6% | 77.9% | -24.2% | 63 | APPROACHING SUPPORT | +194.8% | +158.7% | +21.1% | +47.9% |
| LGEINDIA | ₹1,720.00 | 64 | 7.1% | 1.3% | – | +3.6% | 47 | BREAKOUT | – | -5.7% | +15.5% | -10.2% |
| BPL | ₹42.90 | – | -18.4% | 14.4% | – | -43.5% | 49 | APPROACHING SUPPORT | -229.6% | -69.0% | +9.7% | +9.2% |
| PALREDTEC | ₹49.70 | – | -4.3% | -19.5% | – | -24.7% | 51 | CONSOLIDATING DOWN | -60.0% | +25.0% | +63.7% | +1.4% |
| WAAREEENER | ₹2,565.40 | 19.4 | 12.7% | 57.8% | 97.4% | -29.5% | 67 | APPROACHING RESISTANCE | +14.1% | -19.9% | +79.2% | -6.5% |
| COFORGE | ₹1,951.90 | 40 | 9.6% | 26.9% | 30.9% | +9.8% | 79 | BOUNCE FROM SUPPORT | +63.4% | -15.3% | +49.2% | +24.2% |
| PERSISTENT | ₹5,741.00 | 50.2 | 10.7% | 20.9% | 26.5% | +1.5% | 71 | CONSOLIDATING DOWN | +13.7% | -8.7% | +29.1% | +6.1% |
| OFSS | ₹10,386.00 | 26.5 | 38.2% | 10.4% | 13.5% | +18.7% | 75 | BOUNCE FROM SUPPORT | +120.5% | +68.2% | +68.7% | +51.3% |
Data from TradeAlone · Updated daily
