Introduction:
Leading electronics manufacturer reported 117% YoY revenue growth in Q3 FY2024-25, with PAT increasing by 124% and PBT by 127%. However, net profits fell 47.47% QoQ, dropping from ₹411.70 crore in September 2024 to ₹216.23 crore in December 2024.
Share price movement of Dixon:
On January 21, 2025, Dixon Technologies (India) Ltd opened at ₹17,400.00, down 8.99% from its previous close of ₹17,554.45. The stock reached a high of ₹17,400.00 and a low of ₹15,799.05. By 9:57 AM, it traded at ₹15,898.70, a 9.43% decline, with a market capitalization of ₹95,932.54 crore.
Dixon Technologies Reports 124% Surge in Q3 Net Profit:
Dixon Technologies posted a remarkable 117% YoY revenue growth in Q3 FY2024-25, reaching ₹10,461 crore compared to ₹4,821 crore last year. EBITDA stood at ₹398 crore, a 113% increase, with margins stable at 3.8%. However, net profits fell 47.47% QoQ from ₹411.70 crore to ₹216.23 crore.
Profit Before Tax (PBT) surged 127% YoY to ₹286 crore, with margins improving by 10 basis points to 2.7%. The company’s PAT grew 124% YoY, reaching ₹217 crore, up from ₹97 crore in the same quarter last year.
Dixon’s strong performance reflects its strategic focus and operational efficiency, despite challenges in some segments. The sustained growth in profit margins underscores its resilience and ability to capitalize on growing market demand.
Recent news on Dixon:
As of December 26, 2024, Dixon Electro Manufacturing, a subsidiary of Dixon Technologies, signed an MoU with Cellecor Gadgets to manufacture refrigerators, boosting domestic production under ‘Make in India’ and expanding its presence in the refrigeration market.
Stock performance of Dixon for Period of 1 week, 6 months and 1 year:
The company recorded a 7.89% return over the past week, a remarkable 61% growth over six months, and an outstanding 192% return in the last year, showcasing consistent short- and long-term performance.
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Shareholding pattern of Dixon:
| All values in % | Dec 2024 | Sep 01, 2024 | Jun 01, 2024 |
| Promoter | 32.40% | 32.90% | 33.20% |
| FII | 23.20% | 22.70% | 19.30% |
| DII | 22.60% | 23.10% | 26.10% |
| Public | 21.70% | 21.30% | 21.30% |
About Dixon:
Dixon Technologies (India) Limited (NSE: DIXON), established in 1993, is a leading Electronic Manufacturing Services (EMS) provider. It specializes in consumer electronics, lighting, home appliances, CCTVs, mobile phones, and wearables, holding market leadership in several segments.
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.
