Dixon Technologies (India) Limited

About

Dixon Technologies (India) Limited, together with its subsidiaries, manufactures and sells electronic goods in India and internationally. The company offers consumer electronics, such as LED and smart TVs, interactive flat panels, monitors, IFPD commercial displays, digital signages, PCB and LCM panel assemblies, LED bars, and injection moulding; and lightning solutions, including LED and special lamps, battens, bulbs, synthetic down lighters, 2X2s, panels, strip and rope lighting, CoB luminaries, wall washers, fancy and desk lights, magnetic track lights, and smart lights, as well as professional lighting products comprising street, flood, and industry lights. It also provides home appliances comprising semi-automatic washing machine and fully automatic top load; refrigerators; 4G and 5G smart, foldable, and feature mobile phones; wireless wearables and hearables; computing devices, such as laptops, desktops, and notebooks; 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.

Key Metrics

as of Sep 2026

Market Cap87,107 Cr

P/E46.40

Div Yield0.07 %

Book Value₹769.00

52w High₹18,472.00

52w Low₹9,600.00

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	1,080.00	861.00	792.00	1,386.00	891.00	1,086.00	1,030.00	1,986.00	1,299.00	1,388.00	1,441.00	2,073.00	1,509.00
Expenses	1,011.00	832.00	737.00	1,310.00	842.00	1,014.00	1,001.00	1,895.00	1,245.00	1,316.00	1,375.00	1,979.00	1,426.00
Operating Profit	69.00	30.00	56.00	76.00	49.00	71.00	30.00	92.00	54.00	72.00	66.00	94.00	83.00
OPM %	6.00	3.40	7.00	5.00	6.00	7.00	2.90	4.60	4.20	5.00	4.60	4.50	6.00
Other Income	540.00	81.00	192.00	522.00	7.00	292.00	6.00	246.00	12.00	12.00	9.00	8.00	8.00
Depreciation	17.00	17.00	16.00	18.00	19.00	20.00	17.00	17.00	17.00	17.00	16.00	15.00	16.00
Interest	8.00	7.00	19.00	13.00	15.00	15.00	15.00	12.00	11.00	10.00	12.00	9.00	10.00
Profit before tax	584.00	87.00	213.00	566.00	22.00	328.00	4.00	309.00	39.00	57.00	47.00	78.00	65.00
Tax %	15.00	10.00	12.00	16.00	28.00	15.00	40.00	17.00	27.00	24.00	21.00	27.00	26.00
Net Profit	498.00	78.00	187.00	479.00	16.00	279.00	2.00	257.00	28.00	43.00	37.00	57.00	48.00
EPS in Rs	81.54	12.81	30.83	79.08	2.63	46.24	0.42	42.92	4.68	7.26	6.19	9.61	8.05

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	3,930.00	5,401.00	6,411.00	6,997.00	7,484.00	5,675.00	3,672.00	2,526.00	2,210.00	1,645.00	1,252.00	1,115.00
Expenses	3,719.00	5,153.00	6,093.00	6,631.00	7,201.00	5,401.00	3,467.00	2,400.00	2,104.00	1,560.00	1,223.00	1,092.00
Operating Profit	211.00	248.00	319.00	367.00	284.00	274.00	204.00	126.00	107.00	85.00	29.00	23.00
OPM %	5.00	4.60	5.00	5.00	3.80	4.80	6.00	5.00	4.80	5.00	2.30	2.10
Other Income	802.00	556.00	36.00	15.00	3.00	2.00	9.00	4.00	3.00	0.00	26.00	1.00
Interest	55.00	55.00	44.00	39.00	35.00	31.00	39.00	26.00	13.00	15.00	7.00	6.00
Depreciation	70.00	71.00	64.00	58.00	51.00	38.00	32.00	20.00	14.00	10.00	6.00	5.00
Profit before tax	888.00	679.00	247.00	285.00	200.00	206.00	142.00	84.00	82.00	61.00	41.00	13.00
Tax %	14.00	17.00	25.00	26.00	25.00	26.00	22.00	33.00	31.00	28.00	12.00	24.00
Net Profit	759.00	566.00	186.00	211.00	151.00	152.00	111.00	56.00	57.00	44.00	36.00	10.00
EPS in Rs	124.90	93.95	31.04	35.45	25.44	25.95	19.10	9.96	10.07	7.97	23.48	6.33
Dividend Payout %	8.00	9.00	16.00	8.00	8.00	4.00	4.00	4.00	4.00	15.00	11.00	3.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	12.00	12.00	12.00	12.00	12.00	12.00	12.00	11.00	11.00	11.00	3.00	3.00
Reserves	3,227.00	2,171.00	1,382.00	1,154.00	910.00	691.00	503.00	349.00	292.00	179.00	110.00	78.00
Borrowings	257.00	303.00	239.00	243.00	373.00	223.00	76.00	139.00	45.00	43.00	70.00	65.00
Other Liabilities	812.00	995.00	1,200.00	1,323.00	1,431.00	1,494.00	831.00	605.00	320.00	265.00	145.00	136.00
Total Liabilities	4,309.00	3,480.00	2,834.00	2,732.00	2,726.00	2,419.00	1,421.00	1,103.00	668.00	498.00	328.00	283.00
Fixed Assets	796.00	842.00	824.00	741.00	608.00	381.00	350.00	207.00	168.00	129.00	85.00	76.00
CWIP	367.00	174.00	34.00	52.00	19.00	72.00	10.00	19.00	16.00	2.00	0.00	0.00
Investments	1,907.00	1,086.00	124.00	138.00	227.00	140.00	45.00	18.00	13.00	9.00	25.00	9.00
Other Assets	1,239.00	1,378.00	1,851.00	1,801.00	1,872.00	1,826.00	1,016.00	859.00	471.00	359.00	217.00	198.00
Total Assets	4,309.00	3,480.00	2,834.00	2,732.00	2,726.00	2,419.00	1,421.00	1,103.00	668.00	498.00	328.00	283.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-104.00	279.00	239.00	404.00	214.00	158.00	238.00	-12.00	61.00	46.00	26.00	40.00
Cash from Investing Activity	-43.00	-382.00	-266.00	-283.00	-249.00	-266.00	-93.00	-54.00	-97.00	-39.00	-19.00	-11.00
Cash from Financing Activity	130.00	121.00	2.00	-189.00	110.00	51.00	-61.00	67.00	42.00	-7.00	-7.00	-29.00
Net Cash Flow	-16.00	18.00	-24.00	-67.00	75.00	-57.00	84.00	1.00	7.00	0.00	0.00	0.00
Free Cash Flow	-405.00	101.00	103.00	269.00	13.00	45.00	151.00	-72.00	-9.00	10.00	8.00	28.00
CFO/OP %	16.00	133.00	97.00	128.00	93.00	77.00	136.00	3.00	74.00	70.00	112.00	185.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	52.00	41.00	52.00	49.00	41.00	65.00	43.00	63.00	21.00	30.00	20.00	15.00
Inventory Days	54.00	30.00	25.00	26.00	35.00	40.00	42.00	50.00	45.00	41.00	29.00	35.00
Days Payable	70.00	61.00	69.00	71.00	71.00	103.00	82.00	92.00	45.00	59.00	40.00	43.00
Cash Conversion Cycle	35.00	11.00	7.00	3.00	5.00	2.00	2.00	21.00	21.00	11.00	9.00	7.00
Working Capital Days	28.00	1.00	7.00	8.00	9.00	13.00	9.00	14.00	12.00	10.00	12.00	17.00
ROCE %	8.00	12.00	19.00	24.00	21.00	31.00	33.00	26.00	33.00	37.00	23.00	13.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	28.55	28.69	28.83	28.92	28.95	32.27	32.42	32.89	33.24	33.44	33.63	33.80
FIIs	17.87	18.30	18.68	20.69	20.55	21.81	23.22	22.69	19.33	17.85	17.41	15.66
DIIs	28.38	28.14	29.06	28.93	26.68	23.07	22.61	23.14	26.08	27.01	26.39	27.44
Public	25.20	24.87	23.43	21.45	23.81	22.86	21.73	21.27	21.34	21.71	22.58	23.11
No. of Shareholders	470,189	470,326	405,075	341,162	408,369	375,630	320,193	285,363	267,314	252,843	267,536	285,566

Corporate Actions

10 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	16 Sep 2025	16 Sep 2025	—	8.00
Dividend	17 Sep 2024	—	—	5.00
Dividend	22 Sep 2023	—	—	3.00
Dividend	11 Aug 2022	—	—	2.00
Dividend	20 Sep 2021	21 Sep 2021	—	1.00
Split	18 Mar 2021	19 Mar 2021	10:2	—
Other	21 Sep 2020	—	—	—	Annual General Meeting
Dividend	24 Mar 2020	26 Mar 2020	—	4.00
Dividend	23 Jul 2019	—	—	2.00
Dividend	17 Jul 2018	—	—	2.00