Education
About Us
Working with TipRanks
Follow Us
Dixon Technologies (India) Ltd. (IN:DIXON)
:DIXON
DIXON Stock Chart & Stats
₹11770.15
₹119.70(0.71%)
At close: 4:00 PM EST
₹11770.15
₹119.70(0.71%)
Day’s Range― - ―
52-Week Range₹9,828.00 - ₹18,471.50
Previous CloseN/A
Volume543.05K
Average Volume (3M)8.87K
Market Cap
₹699.68B
Enterprise Value₹650.67B
Total Cash (Recent Filing)₹6.43B
Total Debt (Recent Filing)₹13.89B
Price to Earnings (P/E)44.0
Beta1.52
Next Earnings
May 26, 2026EPS Estimate
35.36Next Dividend Ex-DateN/A
Dividend Yield0.06%
Share Statistics
EPS (TTM)52.62
Shares Outstanding60,685,740
10 Day Avg. Volume9,942
30 Day Avg. Volume8,867
Financial Highlights & Ratios
PEG Ratio0.37
Price to Book (P/B)26.12
Price to Sales (P/S)2.02
P/FCF Ratio373.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹13,000.00Price Target Upside10.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue & Earnings GrowthSustained double‑digit top‑line and outsized EPS growth show durable demand and improving unit economics in Dixon's EMS model. Over months this supports scaling advantages, stronger negotiating leverage with suppliers, and a foundation for repeat B2B contracts across product segments.
Low Leverage & High ROEA low debt burden and very high return on equity provide financial flexibility and demonstrate efficient capital use. This balance sheet strength supports capex for capacity expansion, absorbs cyclical shocks, and enables Dixon to fund growth initiatives without heavy reliance on external financing.
Improving Cash GenerationStrong operating cash flow and rapid FCF growth indicate improving cash conversion from operations, enabling self‑funded working capital and selective reinvestment. Over the medium term this underpins the ability to expand capacity, invest in value‑add services, and support customer program wins.
Bears Say
Weak Free Cash Flow ConversionDespite FCF growth, only ~21% of net income converts to free cash flow, implying significant cash tied up in capex or working capital. Over months this limits discretionary cash for dividends, M&A, or buffer against downturns and raises sensitivity to cash cycling.
Thin Margins & Cost PressureLow gross and net margins reflect the low‑margin nature of large‑scale EMS and exposure to input cost swings. Sustained margin pressure would erode cash conversion and returns unless Dixon moves up the value chain or secures higher margin programs with brand customers.
Customer Concentration RiskHeavy reliance on a few large OEM/brand contracts increases revenue volatility and gives customers pricing leverage. Loss or downsizing of a major program could materially impact utilization, margins, and near‑term revenue visibility across the manufacturing footprint.
Dixon Technologies (India) Ltd. News
DIXON FAQ
What was Dixon Technologies (India) Ltd.’s price range in the past 12 months?
Dixon Technologies (India) Ltd. lowest stock price was ₹9828.00 and its highest was ₹18471.50 in the past 12 months.
What is Dixon Technologies (India) Ltd.’s market cap?
Dixon Technologies (India) Ltd.’s market cap is ₹699.68B.
When is Dixon Technologies (India) Ltd.’s upcoming earnings report date?
Dixon Technologies (India) Ltd.’s upcoming earnings report date is May 26, 2026 which is in 91 days.
How were Dixon Technologies (India) Ltd.’s earnings last quarter?
Dixon Technologies (India) Ltd. released its earnings results on Jan 29, 2026. The company reported ₹52.62 earnings per share for the quarter, beating the consensus estimate of ₹27.102 by ₹25.518.
Is Dixon Technologies (India) Ltd. overvalued?
According to Wall Street analysts Dixon Technologies (India) Ltd.’s price is currently Undervalued.
Does Dixon Technologies (India) Ltd. pay dividends?
Dixon Technologies (India) Ltd. pays a Annually dividend of ₹8 which represents an annual dividend yield of 0.06%. See more information on Dixon Technologies (India) Ltd. dividends here
What is Dixon Technologies (India) Ltd.’s EPS estimate?
Dixon Technologies (India) Ltd.’s EPS estimate is 35.36.
How many shares outstanding does Dixon Technologies (India) Ltd. have?
Dixon Technologies (India) Ltd. has 60,685,740 shares outstanding.
What happened to Dixon Technologies (India) Ltd.’s price movement after its last earnings report?
Dixon Technologies (India) Ltd. reported an EPS of ₹52.62 in its last earnings report, beating expectations of ₹27.102. Following the earnings report the stock price went up 0.562%.
Which hedge fund is a major shareholder of Dixon Technologies (India) Ltd.?
Currently, no hedge funds are holding shares in IN:DIXON
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Dixon Technologies (India) Ltd.
Dixon Technologies (India) Limited provides electronic manufacturing services in India. The company offers consumer electronics, including LED TVs, and AC PCB; home appliances, such as washing machines; lighting products comprising LED bulbs, battens, and down lighters, etc.; mobile phones and EMS which include smart phones, medical electronics, set top boxes, IT products, and telecom products; and security systems that consist of CCTV camera and digital video recorders. It also provides solutions in reverse logistics, such as repair and refurbishment services. Dixon Technologies (India) Limited was incorporated in 1993 and is headquartered in Noida, India.
DIXON Stock 12 Month Forecast
Average Price Target
₹13,000.00
▲(10.45% Upside)
Technical Analysis
Bajaj Electricals Limited
―
Havells India Limited
―
Polycab India Ltd.
―
V-Guard Industries Limited
―
Whirlpool Of India Limited
―