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

Dixon Technologies India Ltd

14049.00289.00 (2.02%)
Market Closed

Fundamental Score

...

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

Dixon Technologies India Ltd share price today is 14049.00, down 2.02% on NSE/BSE as of 31 July 2026. Dixon Technologies India Ltd (DIXON) is a Large-cap company in the Consumer Electronics sector with a market capitalisation of 83.45K (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 58.00x, DIXON is currently trading above its industry average P/E of 41.95x. The company has a Return on Equity (ROE) of 37.43% and a debt-to-equity ratio of 0.21.

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

No data
High
14685.00
Low
11785.00
Volume
6.4L
Change
+17.51%

Dixon Technologies India Ltd share price chart: 17.51% return over the past month. 52-week high ₹18471.00, 52-week low ₹9600.00.

Dixon Technologies India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
14335.0014589.0013601.0014049.006.34L (Cr)
14282.0014482.0014167.0014338.003.99L (Cr)
13950.0014325.0013877.0014275.004.23L (Cr)
13800.0013938.0013719.0013903.001.77L (Cr)
13951.0014021.0013741.0013810.002.06L (Cr)
13750.0013898.0013586.0013846.002.79L (Cr)
13850.0014041.0013764.0013829.002.42L (Cr)
14573.0014573.0014066.0014118.005.07L (Cr)
14300.0014614.0014165.0014589.004.07L (Cr)
14499.0014580.0014192.0014329.006.74L (Cr)

Dixon Technologies India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
11980.0014685.0011785.0014049.00+17.27%
11600.0012930.0011153.0011920.00+2.76%
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%
16896.0017287.0015593.0016690.00-1.22%

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)

37.43%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

41.97%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

3.89%

Average operating profit margin over 5 years

Dividend Yield

0.06%

Annual dividend as % of current share price

Dixon Technologies India Ltd Valuation Check

Poor

Price to Earnings (P/E)

58.00x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

41.95x

Average P/E of all peers in this sector

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

Shareholding Pattern

Excellent

Promoter Holding

28.68%

% shares held by company founders/management

Good

FII Holding

18.30%

% shares held by foreign institutional investors

Excellent

DII Holding

28.14%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

13.15%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

2.12%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

49.94%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

54.04%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

55.20%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.21x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

16.06x

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

Free Cash Flow (5-Year Total)

1.13K (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

10 factors identified

Strong Return on Equity (37.43%)

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 (41.97%)

Observation: Superior returns on capital employed across business operations.

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

Consistent Growth Track Record (49.94% CAGR)

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

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

Excellent EPS Growth (54.04% CAGR)

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

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

Strong Profit Growth Track Record (55.20% CAGR)

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

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

Conservative Debt Levels (D/E: 0.21)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (16.06x)

Observation: Earnings comfortably cover interest obligations.

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

Strong Cash Generation (₹1125.20 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: 46.44%)

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 (3.89%)

Observation: Operating margins are below industry standards.

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

Premium Valuation Risk (P/E: 58.00x)

Observation: High valuation multiples may limit upside potential.

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

Low Promoter Commitment (28.68%)

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
53.2/100
14049
₹83445.46
58.0
Average
37.43%
Excellent
41.97%
Excellent
0.2
Excellent
55.20%
Excellent
49.94%
Excellent
0.06%
60.3/100
1261
₹73917.12
43.7
Average
19.03%
Good
24.90%
Excellent
0.0
Excellent
10.75%
Good
16.59%
Excellent
0.85%
44.3/100
613
₹17232.66
87.7
Average
6.69%
Poor
10.31%
Average
0.2
Excellent
75.11%
Excellent
49.71%
Excellent
0.04%
54.3/100
200
₹1665.01
40.2
Average
7.13%
Poor
9.49%
Poor
0.1
Excellent
7.43%
Good
22.82%
Excellent
0.00%
0/100
37
₹1441.37
-33.57%
Poor
-16.44%
Poor
0.3
Excellent
-2.93%
Poor
0.00%
54.6/100
34
₹826.44
20.9
Average
21.96%
Excellent
22.64%
Excellent
0.7
Good
356.50%
Excellent
0.00%
CWD Ltd...
CWD543378
66.5/100
313
₹705.88
63.5
Average
12.98%
Average
17.98%
Good
0.7
Good
50.71%
Excellent
112.48%
Excellent
0.00%
24.5/100
475
₹439.25
-9.49%
Poor
-9.34%
Poor
0.0
Excellent
-16.75%
Poor
0.00%
8/100
120
₹306.48
-6733.33%
Poor
-4.15%
Poor
0.00%
28.3/100
174
₹299.92
24.6
Average
18.80%
Good
19.80%
Good
0.3
Excellent
0.00%
BPL Ltd...
BPL500074
7.7/100
53
₹278.48
-3.37%
Poor
-1.78%
Poor
0.4
Excellent
10.05%
Good
12.29%
Good
0.00%

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 0.06%

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)

2.12%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

13.15%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

49.94%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

55.20%

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

59RSI 14
Neutral — RSI 59

Momentum is balanced — neither overbought nor oversold.

SMA 50
12609
▲ Price above SMA 50 — Short-term bullish
SMA 200
12374
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
584K 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 ₹14049.00 on NSE and BSE. Market cap ₹83.45K (Cr). Educational data only.

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

Dixon Technologies India Ltd has a P/E of 58.00x vs industry average 41.95x.

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

Dixon Technologies India Ltd has a Bull Run score of 53.2/100 based on 25+ financial parameters.

Does Dixon Technologies India Ltd pay dividends?

Dixon Technologies India Ltd has a dividend yield of 0.06%. Past dividends don't guarantee future payments.

What is the ROE of Dixon Technologies India Ltd?

Dixon Technologies India Ltd has ROE of 37.43%. 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 0.21.

Is Dixon Technologies India Ltd a good investment?

Bull Run gives Dixon Technologies India Ltd a score of 53.2/100. This is not investment advice — consult a SEBI-registered advisor.