Dixon Technologies

    DIXON
    Diversified
    ₹13425.00
    price as of 11/9/2026, 5:28:07 pm

    Market cap ₹81,627 Cr

    P/E
    43.62
    Day range
    ₹12,980.00 – ₹13,490.00
    52-week range
    ₹9,600.00 – ₹18,471.00
    Volume
    5.50 L
    Open
    ₹13,300.00
    Prev close
    ₹13,500.00
    Promoters pledged 7.3% of their shares
    52-week range, adjusted for splits and bonuses
    ₹9,600₹18,471
    30 Mar 202625 Sept 2025
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150NIFTY CONSUMER DURABLESF&O lot 50

    Price history

    6M change +26.44%RSI (14) 35.0 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 45.5% today vs 30.9% average · BSE close ₹13,498

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹9,000₹10,500₹12,000₹13,500₹15,0000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Short covering
    Near-month future
    ₹13,451
    Change
    +1.12%
    Basis over spot
    +₹23.09
    Futures OI (shares)
    31.1 L
    OI change
    -2.28%
    Put-call ratio
    0.40
    Max pain
    ₹14,000
    Resistance (call OI)
    ₹15,000
    Support (put OI)
    ₹13,000
    Lot size
    50

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    115001200012500130001350014000145001500015500160001700002.0 L4.0 L6.0 L8.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    35.4
    EPS (TTM)
    ₹335.22
    Price / Book
    18.00
    ROE (FY26)
    42.8%
    ROCE (latest year)
    29%
    Dividend yield
    0.07%
    Net margin (TTM)
    4.0%
    Current ratio
    1.06
    Debt / Equity
    0.18
    Revenue growth (5y)
    49.9%
    EPS growth (5y)
    54.4%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹14,367.2Price below₹14,577.2Price below₹14,433.35Price below₹13,968.72Price below₹12,711.43Price above₹12,282.36Price above

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +58.9%
    Profit 3Y CAGR
    +86.1%
    Revenue YoY (Jun 2026)
    +21.1%
    Profit YoY (Jun 2026)
    +156.4%
    Operating margin
    3.0%
    Net margin
    4.6%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr4.0K Cr8.0K Cr12.0K Cr16.0K Cr0%2%4%6%8%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.8K Cr-900 Cr0 Cr900 Cr1.8K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%15%30%45%60%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0.0x0.2x0.4x0.6x0.8x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales4,9434,8184,6586,58011,53410,45410,29312,83614,85510,67210,51115,548
    Expenses4,7444,6344,4766,33211,10810,0639,85012,35314,29410,25710,10215,085
    Operating Profit199184182248426391443482561414408463
    OPM %4%3.8%3.9%3.8%3.7%3.7%4.3%3.8%3.8%3.9%3.9%3%
    Other Income34191620610265849713990537
    Interest172221293841463338432424
    Depreciation36415155667586939699105107
    Profit before tax149126130180529285576366924412370869
    Tax %24%23%25%22%22%24%19%23%19%22%19%17%
    Net Profit1139797140412216465280746321298718
    EPS in Rs₹18.02₹16.12₹15.91₹22.34₹65.15₹28.50₹66.54₹37.20₹110.72₹47.34₹42.17₹108.60

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    • Company has delivered good profit growth of 35.4% CAGR over last 5 years
    • Company's median sales growth is 45.8% of last 10 years

    Risks

    • Stock is trading at 17.4 times its book value
    • Earnings include an other income of Rs.1,263 Cr.
    • Promoter holding has decreased over last 3 years: -5.49%

    Compounded Sales Growth

    10 Years
    +43%
    5 Years
    +50%
    3 Years
    +59%
    TTM
    +14%

    Compounded Profit Growth

    10 Years
    +35%
    5 Years
    +35%
    3 Years
    +41%
    TTM
    +119%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +25%
    3 Years
    +39%
    1 Year
    -26%

    Return on Equity

    10 Years
    +22%
    5 Years
    +22%
    3 Years
    +22%
    Last Year
    +19%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter28.92%28.83%28.69%28.55%-0.14 pp
    FII20.69%18.68%18.30%17.87%-0.43 pp
    DII28.93%29.06%28.14%28.38%+0.24 pp
    Public21.45%23.43%24.87%25.20%+0.33 pp

    Filed with NSE for Jun 2026: promoters 28.55%, public 71.45% · XBRL filing

    Analysts & fund holdings

    77%
    77% recommend buy
    26 analysts cover the stock
    Valuation vs Household Durables
    P/E43.6 vs 27.6
    Sector P/B5.69
    Beta1.17

    Who holds the shares, quarter by quarter

    Mutual funds 20.05% (+0.79 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters28.6%
    • Foreign institutions17.9%
    • Mutual funds20.1%
    • Insurance5.7%
    • Other domestic institutions2.7%
    • Retail12.9%
    • Others12.2%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Motilal Oswal Midcap Fund1.64%3.48%-0.05 pp
    Kotak Mid Cap Fund1.55%2.03%-0.04 pp
    UTI Flexi Cap Fund0.99%3.73%+0.65 pp
    HDFC Mid Cap Fund0.84%0.71%+0.10 pp
    Canara Rob Large and Mid Cap Fund0.80%2.77%+0.68 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹8.00

      Dividend - Rs 8 Per Share

      16 Sept 2025
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting/Dividend - Rs 5 Per Share

      17 Sept 2024
      ex-date
    • dividend
      ₹3.00

      Annual General Meeting/Dividend - Rs 3 Per Share

      22 Sept 2023
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend - Rs 2 Per Share

      11 Aug 2022
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 1 Per Share

      20 Sept 2021
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

      18 Mar 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      21 Sept 2020
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      24 Mar 2020
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend - Rs 2 Per Share

      23 Jul 2019
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend- Rs 2 Per Share

      17 Jul 2018
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Pursuant to the provisions of Regulations 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the said ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Pursuant to the provisions of Regulations 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the said ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Pursuant to the provisions of Regulations 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the said ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Announcement under Regulation 30 of SEBI LODR- Submission of copies of newspaper publication of Notice to the Members of the 33rd Annual General Meeting of the Company and Remote E-voting Information

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Business Responsibility and Sustainability Report - FY 2025-26

    Corp. Action
    Corporate Action- Book Closure For Dividend And E-Voting

    Corporate Action- Book Closure for Dividend and E-voting

    Corp. Action
    Corporate Action- Record Date For 33Rd AGM

    Corporate Action- Record Date for 33rd AGM

    Others
    Reg. 34 (1) Annual Report.

    Regulation 34(1)- Annual Report of Dixon Technologies (India) Limited for FY 2025-26

    AGM/EGMPrice-sensitive
    Shareholder Meeting- 33Rd Annual General Meeting Of Dixon Technologies (India) Limited On 28Th September, 2026

    Shareholder Meeting- 33rd Annual General Meeting of Dixon Technologies (India) Limited on 28th September, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Announcement under Regulation 30 (LODR)- Allotment of ESOP dated 02nd September 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Pursuant to Regulations 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the said Regulations, we ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Submission of copies of newspaper publication titled 'Notice on information to the Shareholders regarding 33rd Annual General Meeting of Dixon Technologies (India) Limited to be held through ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Pursuant to Regulations 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the said Regulations, we ....

    AGM/EGMPrice-sensitive
    Intimation With Regard To 33Rd Annual General Meeting Of Dixon Technologies (India) Limited, Closure Of Register Of Members & Share Transfer Books, E-Voting Details And Record Date

    Intimation with regard to 33rd Annual General Meeting of Dixon Technologies (India) Limited, Closure of Register of Members & Share Transfer Books, E-voting details and Record date

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Pursuant to Regulations 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of schedule III of the said regulations, we ....

    Filed with BSE (scrip 540699); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 20 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.