DIXON · NSE

Dixon Technologies (India) Limited

₹13,005

-2.14% (-₹285)

Prev. close

₹13,290

Volume

3,71,296

Delivery %

52.6%

As of

18 Sept 2026

Price history

Bullish

Chandan Taparia · Motilal Oswal Financial Services Ltd · 21 Aug 2026

Bullish on Dixon Technologies, recommending a buy with a target price of ₹15,500 and a stop loss of ₹14,450. The stock has shown a pole and flag breakout, sustaining above the breakout zone and forming higher highs, indicating strength.

Entry ₹14,880 (first trade after call)Target ₹15,500 (+4.2%)Stop ₹14,450 (-2.9%)R:R ~1.4:1Stopped out · 25 Aug 2026

Target ₹15,500PENDINGCall pageClear
Loading 1-hour bars since the call…
Chandan Taparia's call · 21 Aug 2026

Analyst sentiment

Analysts lean bullish

4 analyst stances · last 90 days · one per analyst

Trackable

3 · 3 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

1 · 1 bull / 0 neutral / 0 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (4)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on Dixon Technologies, recommending a buy with a target price of ₹15,500 and a stop loss of ₹14,450. The stock h…Chandan TapariaMotilal Oswal Financial Services LtdDixon TechnologiesPENDING
Bullish on Dixon Technologies, recommending a buy with a target price of ₹15,500 and a stop loss of ₹14,450. The stock has shown a pole and flag breakout, sustaining above the breakout zone and forming higher highs, indicating strength.
Trade setupTarget ₹15,500Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
CallAnalystInstrumentVerdictActions

Fundamentals

About Dixon Technologies (India) Limited

Dixon Technologies (India) Limited, together with its subsidiaries, engages in the manufacture and sale of electronic goods in India and internationally. The company offers display solutions, such as LED TVs, interactive flat panels, digital signages, and monitors; and lightning solutions, including special lamps, battens, bulbs, downlights, and strips and rope lights. It also provides home appliances comprising semi-automatic top loader and fully automatic top load; refrigerators; smartphones, foldable, and feature mobile phones; wireless wearables and hearables; computing devices; 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.

Details

Sector

Technology

Industry

Consumer Electronics

CEO

Mr. Sunil Vachani

Headquarters

Noida

Employees

1,319

Key stats

Market cap

₹80,805.72 Cr

P/E ratio (TTM)

43.3

Dividend yield

0.08%

EPS (TTM)

₹307.12

Beta (1Y · daily vs NIFTY 50)

1.52

Beta (5Y · monthly vs NIFTY 50)

1.13

Shares float

3.67 Cr

EPS · quarter ended Jun 2026

₹117.87

Upcoming earnings

16 Oct 2026

Financial Performance

01 · Financials

0 Cr20000 Cr40000 Cr60000 Cr0%50%100%150%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.1% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0100200300FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

02468-100%-50%0%50%100%24 Mar 2020 Sept 2111 Aug 2222 Sept 2317 Sept 2416 Sept 25
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-200%0%200%400%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 CrFY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-500 Cr0 Cr500 Cr1000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹6,448.17 Cr₹10,697.08 Cr₹12,192.01 Cr₹17,690.90 Cr₹38,860.10 Cr₹48,872.80 Cr
EBITDA₹288.17 Cr₹382.92 Cr₹518.36 Cr₹727.07 Cr₹1,994.95 Cr₹2,596.65 Cr
₹160.00 Cr₹190.17 Cr₹255.52 Cr₹367.75 Cr₹1,095.54 Cr₹1,438.64 Cr
Diluted EPS₹26.87₹32₹42.62₹61.27₹180.06₹235.67

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹2,846.00 Cr₹4,277.00 Cr₹4,679.00 Cr₹6,990.00 Cr₹16,758.00 Cr₹19,152.00 Cr
₹666.90 Cr₹453.09 Cr₹488.98 Cr₹670.96 Cr₹994.22 Cr
Stockholders' equity₹738.00 Cr₹997.00 Cr₹1,285.00 Cr₹1,695.00 Cr₹3,010.00 Cr₹4,677.00 Cr

Cash & equivalents, Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹170.00 Cr₹273.00 Cr₹726.00 Cr₹584.00 Cr₹1,150.00 Cr₹1,782.00 Cr
Investing cash flow₹-265.40 Cr₹-464.46 Cr₹-355.55 Cr₹-530.90 Cr₹-1,228.90 Cr₹-1,250.54 Cr
₹63.00 Cr₹304.00 Cr₹-330.00 Cr₹-70.00 Cr₹-27.00 Cr₹-108.00 Cr
Capital expenditure₹-168.00 Cr₹-421.00 Cr₹-461.00 Cr₹-584.00 Cr₹-939.00 Cr₹-1,068.00 Cr
End cash position₹63.84 Cr₹176.46 Cr₹217.04 Cr₹200.48 Cr₹230.85 Cr₹767.43 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Jun 22(2Q)Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Promoter34.93%34.52%34.30%34.27%34.06%34.05%34.04%33.80%33.63%33.44%33.24%32.89%32.42%32.27%28.95%28.92%28.83%28.68%28.55%
Public65.07%65.48%65.70%65.73%65.94%65.95%65.96%66.20%66.37%66.56%66.76%67.11%67.58%67.73%71.05%71.08%71.17%71.32%71.45%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.92 L Cr₹2,10515.97.3945.9%0.11+4.6%-33.7%
Infosys Limited₹4.20 L Cr₹1,037.713.533.9%0.10+4.6%-31.2%
HCL Technologies Limited₹3.40 L Cr₹1,249.319.54.5322.1%0.07+11.2%-16.4%
Wipro Limited₹1.65 L Cr₹166.413.51.8614.9%0.23+4.0%-34.5%
Tech Mahindra Limited₹1.38 L Cr₹1,537.127.04.6716.2%0.07+7.2%-0.9%
LTM Limited₹1.26 L Cr₹4,275.124.25.2620.9%0.10+11.3%
One 97 Communications Limited₹1.13 L Cr₹1,849.9175.97.053.5%0.01+21.5%+50.5%
LG Electronics India Limited₹1.11 L Cr₹1,652.960.614.4222.0%0.06+1.3%
Oracle Financial Services Software Limited₹1.01 L Cr₹11,89629.712.9333.7%0.00+12.1%+29.7%
Persistent Systems Limited₹85,505.25 Cr₹5,41644.710.9123.8%0.06+23.5%-2.7%
Dixon Technologies (India) Limited₹80,805.72 Cr₹13,00543.317.2830.8%0.21+25.8%-29.1%
Coforge Limited₹79,425.97 Cr₹1,84136.88.3316.3%0.08+35.8%+0.9%

Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

33 indices

Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.

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