Dixon Technologies (India) Limited is a major player in the electronic goods industry. Since its establishment in 1993, Dixon Technologies has diversified its products and services to cater to different segments within the electronic goods manufacturing sector.
Dixon manufactures a range of products including LCDs, washing machines, DVDs, mixers grinders, set-top boxes and LED lighting solutions. It is a major supplier for renowned brands like LG Electronics and Philips India. The electronics manufacturing services (EMS) caters to both domestic and international clients in consumer electronics and home appliances segments.
The company began the manufacturing of colour television sets in 1994. It established its Noida manufacturing unit in 1998. The company entered the lighting products segment in 2008 and started washing machine manufacturing in 2010.
By 2018, the company had diversified into manufacturing of mobile phones, security systems and CCTV cameras. In 2020, the company introduced medical electronics and set-top boxes. The next year, the company entered the wearables, telecommunication and IT hardware segments.
The market capitalisation of Dixon Technologies stood at more than ₹38,500 crore as of December 21, 2023. Dixon Technologies share price has gained 1495 in the past three years.
Business operations
Dixon Technologies caters to customers both in India and abroad through its manufacturing units and 2,700 employees across all verticals. The company operates 21 manufacturing plants to ensure efficient production. It also has three research and development (R&R) centres.
Dixon operates India's largest manufacturing facilities for LED televisions (located in Tirupati), washing machines (in Dehradun) and LED bulbs (in Noida). The company produces and assembles many products including home appliances, smartphones, laptops, television sets, set-top boxes, medical electronics, lighting solutions and security surveillance systems. Dixon has played a pivotal role in taking India to the forefront of the electronics manufacturing industry. The business operates across two main segments: original design manufacturing (ODM) and original equipment manufacturing (OEM).
The majority of Dixon's operations occur in manufacturing and design, which include product ranges across consumer electronics, lighting, home appliances and mobile phones. While more than 60% revenue of the company comes from the consumer electronics segment, lighting solutions contribute 15% of revenue and home appliances add 16%.
The company manages its domestic and global operations through its subsidiaries and joint ventures. Its subsidiaries include Dixon Global Pvt Ltd, Padget Electronics Pvt Ltd, Dixon Electro Appliances Pvt Ltd, Dixon Electro Manufacturing Pvt Ltd, Dixon Technologies Solutions Pvt Ltd and Dixtel Communications Pvt Ltd.
Dixon Techno Financial Highlights
- Revenue: Dixon Techno reported revenue of ₹49,585.84 crore in FY26 vs ₹38,880.33 crore in FY25. It showed an increase of 27.53% on a yearly basis.
- Operating Profit: Dixon Techno reported an operating profit of ₹2,070.56 crore in FY26 vs ₹1,569.80 crore in FY25. It showed an increase of 31.90% on a year-on-year basis.
- Net Profit: Dixon Techno reported a net profit of ₹1,644.25 crore in FY26 vs ₹1,232.58 crore in FY25. It showed an increase of 33.40% on a yearly basis.
Dixon Techno Quarterly Result Highlights
- Dixon Techno reported revenue of ₹10,594.81 crore in Mar 2026, compared with ₹10,802.91 crore in Dec 2025, representing a decrease of 1.93% on a quarter-on-quarter (QoQ) basis.
- Dixon Techno reported an operating profit of ₹369.76 crore in Mar 2026, compared with ₹411.69 crore in Dec 2025, representing a decrease of 10.18% on a quarter-on-quarter (QoQ) basis.
- Dixon Techno reported a profit of ₹297.97 crore in Mar 2026, compared with ₹320.56 crore in Dec 2025, reflecting a decrease of 7.05% on a QoQ basis.
- The earnings per share (EPS) of Dixon Techno stood at ₹205.70 during Mar 2026.
