Dixon Technologies (India) Ltd’s fundamental analysis reveals key financial metrics: Market Cap of ₹66,665.87 crore, PE Ratio of 181.28, Debt to Equity of 34.35, and Return on Equity of 22.31%. These indicators offer insights into the company’s financial health and market valuation.
Content:
- Dixon Technologies (India) Ltd Overview
- Dixon Technologies Ltd Financial Results
- Dixon Technologies (India) Ltd Financial Analysis
- Dixon Technologies Ltd Company Metrics
- Dixon Technologies Limited Stock Performance
- Dixon Technologies (India) Ltd Peer Comparison
- Dixon Technologies (India) Ltd Shareholding Pattern
- Dixon Technologies Ltd History
- How To Invest In Dixon Technologies Ltd Share?
- Dixon Technologies Limited Fundamental Analysis – FAQs
Dixon Technologies (India) Ltd Overview
Dixon Technologies (India) Ltd is an Indian electronic manufacturing services company. It operates in the consumer electronics sector, providing manufacturing and design-focused solutions for various electronic products across multiple segments.
The company is listed on both the NSE and BSE. With a market capitalization of ₹66,665.87 crore, it’s currently 15.59% away from its 52-week high and 154.08% away from its 52-week low.
Dixon Technologies Ltd Financial Results
Dixon Technologies reported a steady financial performance in FY 24, showing growth in key areas compared to FY 23. The company demonstrated resilience and growth across multiple financial metrics, indicating a robust financial position.
1. Revenue Trend: Sales increased to ₹17,691 crore in FY 24 from ₹12,192 crore in FY 23, reflecting significant growth.
2. Equity and Liabilities: Total liabilities rose to ₹6,991 crore in FY 24 from ₹4,679 crore in FY 23. Equity capital increased slightly to ₹11.96 crore from ₹11.91 crore.
3. Profitability: Operating profit grew to ₹697.63 crore in FY 24, up from ₹512.75 crore in FY 23, while OPM remained steady at 4%.
4. Earnings per Share (EPS): EPS improved to ₹62.84 in FY 24 from ₹42.92 in FY 23, indicating better profitability per share.
5. Financial Position: Total assets grew to ₹6,991 crore in FY 24 from ₹4,679 crore in FY 23, reflecting a stronger financial base.
Dixon Technologies (India) Ltd Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 17,691 | 12,192 | 10,697 |
| Expenses | 16,993 | 11,679 | 10,318 |
| Operating Profit | 698 | 513 | 379 |
| OPM % | 4 | 4 | 4 |
| Other Income | 23 | 6 | 4 |
| EBITDA | 720 | 518 | 383 |
| Interest | 75 | 61 | 44 |
| Depreciation | 162 | 115 | 84 |
| Profit Before Tax | 484 | 343 | 255 |
| Tax % | 25 | 26 | 25 |
| Net Profit | 375 | 255 | 190 |
| EPS | 62.84 | 42.92 | 32.31 |
| Dividend Payout % | 7.96 | 6.99 | 6.19 |
* Consolidated Figures in Rs. Crores
Dixon Technologies Ltd Company Metrics
Dixon Technologies Ltd’s company metrics include a market capitalization of ₹66,665.87 crore, a book value per share of ₹283, and a face value of ₹2. With a debt-to-equity ratio of 34.35, a return on equity of 22.31%, and a 0.04% dividend yield, these figures underscore the company’s financial position and investment profile.
Market Capitalization:
Market Capitalization represents the total market value of Dixon Technologies’ outstanding shares, amounting to ₹66,665.87 crore.
Book Value: The book value per share of Dixon Technologies (India) Ltd is ₹283 indicating the value of the company’s net assets divided by its outstanding shares.
Face Value: The face value of Dixon Technologies’ shares is ₹2, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio: The asset turnover ratio of 3.96 measures how efficiently Dixon Technologies uses its assets to generate revenue.
Total Debt: The total debt of ₹444.27 crore represents the sum of all short-term and long-term debt obligations of Dixon Technologies.
Return on Equity (ROE): The ROE of 22.31% measures Dixon Technologies’ profitability in generating income from its equity investments.
EBITDA (Q): The quarterly EBITDA of ₹263.52 crore represents Dixon Technologies’ earnings before interest, taxes, depreciation, and amortization.
Dividend Yield: The dividend yield of 0.04% shows the annual dividend payment as a percentage of Dixon Technologies’ current share price, indicating the return on investment from dividends alone.
Dixon Technologies Limited Stock Performance
Dixon Technologies (India) Ltd’s investment returns are impressive, with a 1-year return of 158%, a 3-year return of 41.7%, and a 5-year return of 90.9%.
| Period | Return on Investment (%) |
| 1 Year | 158 |
| 3 Years | 41.7 |
| 5 Years | 90.9 |
Example: If you had invested ₹1,000 in the stock:
1 year ago, your investment would be worth ₹2,580.
3 years ago, your investment would have grown to ₹1,417.
5 years ago, your investment would have increased to ₹1,909.
Dixon Technologies (India) Ltd Peer Comparison
Dixon Technologies (India) Ltd, with a CMP of ₹11,896 and a market cap of ₹71,178 crore, has a P/E of 181.28 and ROE of 25%. It achieved a 1-year return of 158%, outperforming peers MIRC Electronics, Arham Tech, and Prizor Viztech significantly.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| Dixon Technology. | 11,896 | 71,178 | 181 | 25 | 72 | 158 | 29 | 0.03 |
| MIRC Electronics | 21 | 488 | -39 | -2 | 1 | -19 | – | |
| Arham Tech | 136 | 229 | 47 | 26 | 3 | 152 | 26.6 | – |
| Prizor Viztech | 166 | 178 | 32 | 144 | 70 | 72.24 | – |
Dixon Technologies (India) Ltd Shareholding Pattern
Dixon Technologies (India) Ltd’s shareholding pattern shows promoters holding 33.24% in June-24, slightly down from 33.44% in March-24. FIIs increased to 19.33% from 17.85%, while DIIs decreased to 26.08% from 27.01%. Retail and others hold 21.34%, down from 21.71%.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 33.24 | 33.44 | 33.63 |
| FII | 19.33 | 17.85 | 17.41 |
| DII | 26.08 | 27.01 | 26.39 |
| Retail & others | 21.34 | 21.71 | 22.58 |
Dixon Technologies Ltd History
Dixon Technologies (India) Limited is an India-based electronic manufacturing services company specializing in consumer durables, home appliances, lighting, mobile phones and more. It provides manufacturing and design-focused solutions to customers globally, along with repair and refurbishment services for LED TV panels.
The company operates through several divisions, including Consumer Electronics, Home Appliances, Lighting Solutions, Mobile Phones, Security Surveillance Systems, Reverse Logistics, Medical Electronics, Set set-top boxes, and IT Hardware. Each division offers specialized services and products within its respective domain.
Dixon Technologies’ Consumer Electronics division provides end-to-end solutions, including auto insertion and LED panel assembly. The Home Appliances division focuses on designing, manufacturing, and testing washing machines. The Lighting Solution division is engaged in designing and manufacturing LED lighting solutions, showcasing the company’s diverse product portfolio.
How To Invest In Dixon Technologies Ltd Share?
To invest in Dixon Technologies shares, open a demat account with Alice Blue. Research the company’s fundamentals, financial performance, and position in the electronic manufacturing services sector. Analyze historical stock data and compare it with industry peers.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as the company’s growth potential, diversification across product categories and the overall trend in consumer electronics demand. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on company news, quarterly results, and industry trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Dixon Technologies Limited Fundamental Analysis – FAQs
Dixon Technologies (India) Ltd’s fundamental analysis reveals a Market Cap of ₹66,665.87 crore, PE Ratio of 181.28, Debt to Equity of 34.35, and Return on Equity of 22.31%. These metrics provide insights into the company’s financial health, profitability, and market valuation.
Dixon Technologies (India)’s market capitalization is ₹66,665.87 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Dixon Technologies (India) Limited is an electronic manufacturing services company based in India. It specializes in manufacturing and design solutions for consumer electronics, home appliances, lighting, mobile phones, and various other electronic products, serving customers globally.
Dixon Technologies is a public limited company with diversified ownership. The founder, Sunil Vachani, and his family hold a significant stake as promoters. The remaining ownership is distributed among institutional investors and public shareholders through stock market listings.
The main shareholders of Dixon Technologies (India) Ltd include the promoter group led by Sunil Vachani, along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the company’s latest shareholding pattern disclosure.
Dixon Technologies (India) operates in the electronic manufacturing services (EMS) industry. The company specializes in designing, manufacturing, and providing solutions for various consumer electronics, home appliances, lighting products, mobile phones, and other electronic devices for both domestic and international markets.
To invest in Dixon Technologies shares, open a demat account with Alice Blue. Research the company’s performance and industry trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if Dixon Technologies is overvalued or undervalued requires analyzing its financials, growth prospects, industry position, and peer comparison. Consider factors like PE ratio, future earnings potential, and market trends. Consult recent analyst reports for expert opinions on the company’s valuation.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
