Dixon Technologies India Ltd Stock Price Today (NSE: DIXON)

Dixon Technologies India Ltd

12833.00+598.00 (+4.89%)
Market Closed

Fundamental Score

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Dixon Technologies India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Dixon Technologies India Ltd share price today is 12833.00, up +4.89% on NSE/BSE as of 17 June 2026. Dixon Technologies India Ltd (DIXON) is a Large-cap company in the Consumer Electronics sector with a market capitalisation of 88.33K (Cr). The 52-week high for DIXON share price is 18471.00 and the 52-week low is 9600.00. At a P/E ratio of 68.33x, DIXON is currently trading above its industry average P/E of 26.52x. The company has a Return on Equity (ROE) of 32.85% and a debt-to-equity ratio of 0.34.

Dixon Technologies India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
12833.00
Low
10100.00
Volume
7.3L
Change
+4.48%

Dixon Technologies India Ltd share price chart: 4.48% return over the past month. 52-week high ₹18471.00, 52-week low ₹9600.00.

Dixon Technologies India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
11422.0011656.0011361.0011604.003.18L (Cr)
11600.0011648.0011406.0011463.003.04L (Cr)
11770.0011831.0011480.0011524.004.99L (Cr)
11756.0011756.0011756.0011756.000.00 (Cr)
11675.0011925.0011641.0011756.003.71L (Cr)
11798.0011829.0011620.0011673.003.12L (Cr)
11850.0011888.0011602.0011824.005.79L (Cr)
11285.0011860.0011261.0011722.0013.63L (Cr)
11010.0011325.0010911.0011258.007.05L (Cr)
10870.0011080.0010850.0010997.003.80L (Cr)

Dixon Technologies India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
11600.0011656.0011361.0011604.00+0.03%
11299.0011925.0010100.0011524.00+1.99%
10100.0011595.009732.0011166.50+10.56%
10110.0011078.009600.009673.00-4.32%
10250.0011847.0010081.0010528.00+2.71%
12112.0012290.009835.0010446.00-13.75%
14739.0014739.0011646.0012102.00-17.89%
15494.0015775.0014374.0014601.00-5.76%
16404.0017505.0015301.0015494.00-5.55%
16770.0018471.0015982.0016322.00-2.67%
16869.0017287.0015593.0016690.00-1.06%
14600.0016969.0014376.0016841.00+15.35%

AI Research Briefing

Powered by Gemini · 2026-04-09

Dixon's premium valuation hinges on successful margin expansion from new JVs; failure to execute means a painful correction.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSE3M: -17.02%.Expensive - P/E 68.33x vs Industry P/E 26.52x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Dixon completed a JV investment with Longcheer Intelligence on March 3, 2026, investing for a 74% stake in Dixtel Infocom Private Limited. On March 10, 2026, Dixon's share price surged after receiving government approval for its display module JV with HKC Overseas Ltd. Analysts reduced their price target to around from citing a lower P/E multiple and adjusted revenue growth and profit margin expectations.

CORE STORY (THE REAL GAME)

Dixon is playing the 'Make in India' EMS (Electronics Manufacturing Services) theme, aiming for backward integration and higher margin capture through JVs in display modules and components. It's about moving beyond basic assembly to higher value-added manufacturing.

Why Now
  • Government approval for display module JV
  • Completion of Longcheer JV
  • Nomura's Buy rating with ₹14,678 target
Potential Catalysts
  • Successful ramp-up of display module manufacturing
  • New order wins in EMS segment
  • Further government incentives for electronics manufacturing
Key Risks
  • High P/E relative to industry
  • Dependence on government policies
  • Execution risk on new JVs
Institutional Activity

DII increased holdings by 2.25%.

Macro Context

India's consumer electronics market is projected to reach $182.9 billion by 2033, growing at a CAGR of 7.8%.

Cash Flow Quality

Free Cash Flow 5Y: ₹402.94 Cr.

3–6 Month Outlook

Dixon's 3-6 month outlook depends on the successful integration and ramp-up of its new JVs. Watch for order wins and margin improvements.

Primary Thesis Risk

Failure to achieve projected margin expansion from backward integration will lead to valuation collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

32.85%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

39.95%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

3.98%

Average operating profit margin over 5 years

Dividend Yield

0.05%

Annual dividend as % of current share price

Dixon Technologies India Ltd Valuation Check

Poor

Price to Earnings (P/E)

68.33x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

26.52x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

28.92%

% shares held by company founders/management

Excellent

FII Holding

20.69%

% shares held by foreign institutional investors

Excellent

DII Holding

28.93%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

184.68%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

28.79%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

54.60%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

43.83%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

44.97%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.34x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

13.02x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

402.94 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Dixon Technologies India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of DIXON across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (32.85%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (39.95%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Robust Profit Growth (184.68%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (28.79%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (54.60% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (43.83% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (44.97% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Interest Coverage (13.02x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹402.94 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 49.62%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Margin Pressure Concerns (3.98%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 68.33x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Low Promoter Commitment (28.92%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

Dixon Technologies India Ltd vs Consumer Electronics Peers

Peer Comparison - Consumer Electronics

Compare Dixon Technologies India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
66/100
12833
₹88334.92
68.3
Average
32.85%
Excellent
39.95%
Excellent
0.3
Excellent
44.97%
Excellent
54.60%
Excellent
0.05%
60/100
1207
₹90058.28
61.6
Average
18.81%
Good
25.32%
Excellent
0.0
Excellent
14.90%
Good
18.20%
Excellent
0.70%
24/100
466
₹16884.12
66.3
Average
14.89%
Average
19.36%
Good
0.2
Excellent
0.04%
38.1/100
152
₹1468.57
83.0
Average
5.55%
Poor
8.22%
Poor
0.1
Excellent
8.37%
Good
17.16%
Excellent
0.00%
0/100
39
₹901.12
-1.81%
Poor
5.35%
Poor
0.3
Excellent
12.47%
Good
4.32%
Average
0.00%
CWD Ltd...
CWD543378
55.4/100
284
₹830.65
97.5
Average
5.78%
Poor
9.51%
Poor
0.6
Good
37.54%
Excellent
61.23%
Excellent
0.00%
42.7/100
40
₹683.00
19.1
Average
25.13%
Excellent
24.21%
Excellent
0.8
Good
0.00%
BPL Ltd...
BPL500074
21.7/100
56
₹298.48
5.9
Average
-36.59%
Poor
4.91%
Poor
0.1
Excellent
0.00%
25.5/100
432
₹280.22
8.69%
Poor
9.55%
Poor
0.0
Excellent
12.13%
Good
-16.99%
Poor
0.00%
43/100
145
₹258.03
24.5
Average
26.43%
Excellent
23.69%
Excellent
1.0
Good
0.00%
58.3/100
109
₹211.75
10.1
Average
8.62%
Poor
11.12%
Average
0.1
Excellent
18.96%
Excellent
14.87%
Good
0.90%

Dixon Technologies India Ltd PE Ratio History

Historical price-to-earnings ratio for DIXON — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 2025202.58₹12102.0059.7x
FY 202462.46₹17936.30287.2x
FY 202342.69₹6566.75153.8x
FY 202231.98₹3904.60122.1x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Dixon Technologies India Ltd Dividend History

Annual cash dividends paid by DIXON — dividend yield 0.05%

Financial YearDividends Paid (₹ Cr)
FY 202532.91 Cr
FY 202417.86 Cr
FY 202311.87 Cr
FY 20225.86 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Dixon Technologies India Ltd Quarterly Performance

Latest quarterly metrics for DIXON — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

28.79%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

184.68%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

54.60%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

44.97%

Compounded annual net profit growth over 5 years

Dixon Technologies India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for DIXON — calculated from daily price history

60RSI 14
Neutral — RSI 60

Momentum is balanced — neither overbought nor oversold.

SMA 50
10822
▲ Price above SMA 50 — Short-term bullish
SMA 200
13413
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
723K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Dixon Technologies India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Dixon Technologies India Ltd (DIXON) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Dixon Technologies India Ltd

About DIXON (Dixon Technologies India Ltd)

Dixon Technologies India Ltd is a powerhouse of electronics manufacturing, deeply embedded in the Indian consumer landscape. It is not merely an assembler of components but a verti...cally integrated solutions provider, shaping the products we interact with daily. From the vibrant glow of LED televisions that dominate living rooms to the crisp illumination of energy-efficient lighting solutions found in homes and offices, Dixon's fingerprints are everywhere. The company’s diverse capabilities span the entire value chain, encompassing design, sourcing, manufacturing, testing, and packaging, allowing them to maintain stringent quality control and optimize production costs, giving them a competitive edge in a rapidly evolving market. Dixon excels at translating concepts into tangible products, adapting quickly to ever-changing consumer preferences and technological advancements. They are more than just a manufacturing partner; they are a collaborator, working closely with brands to bring innovative products to market. Their production lines hum with activity, churning out a vast array of devices, from feature-rich smart TVs that connect us to the world to the digital displays that inform and entertain us. Beyond the products themselves, Dixon is committed to sustainable manufacturing practices, constantly seeking ways to minimize their environmental footprint and ensure responsible sourcing of materials, reflecting a growing awareness of the importance of ethical business operations. This dynamic approach has solidified Dixon’s position as a leading player in the Indian electronics manufacturing services (EMS) sector. Their commitment to innovation, quality, and sustainability has fostered long-term relationships with both domestic and international brands. Dixon’s continued investments in research and development, combined with a strong emphasis on operational efficiency, positions them for continued growth and leadership in the dynamic and competitive world of consumer electronics. The company's adaptability and forward-thinking approach ensures they remain at the forefront of technological advancements and consumer demands, shaping the future of electronics manufacturing in India.

Company Details

Symbol:DIXON
Industry:Consumer Electronics
Sector:Consumer Electronics

Key Leadership

Mr. Sunil Vachani
Executive Chairman
Mr. Atul Behari Lall
MD & Vice Chairman of the Board
Mr. Saurabh Gupta
Director of Finance, Director & CFO

DIXON Share Price: Frequently Asked Questions

What is the current share price of Dixon Technologies India Ltd?

Dixon Technologies India Ltd (DIXON) trades at ₹12833.00 on NSE and BSE. Market cap ₹88.33K (Cr). Educational data only.

What is the P/E ratio of Dixon Technologies India Ltd?

Dixon Technologies India Ltd has a P/E of 68.33x vs industry average 26.52x.

What is the Bull Run score for Dixon Technologies India Ltd?

Dixon Technologies India Ltd has a Bull Run score of 66/100 based on 25+ financial parameters.

Does Dixon Technologies India Ltd pay dividends?

Dixon Technologies India Ltd has a dividend yield of 0.05%. Past dividends don't guarantee future payments.

What is the ROE of Dixon Technologies India Ltd?

Dixon Technologies India Ltd has ROE of 32.85%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Dixon Technologies India Ltd?

Dixon Technologies India Ltd has debt-to-equity of 0.34.

Is Dixon Technologies India Ltd a good investment?

Bull Run gives Dixon Technologies India Ltd a score of 66/100. This is not investment advice — consult a SEBI-registered advisor.