1. Dixon Techno
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55% Buy

Dixon Techno Share Price

DIXON

₹7,666.10+₹106.15 (1.40%) Past Year
₹7,419.00₹7,678.00
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Company overview

About

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Market cap

Market Cap Switch₹45,225 Cr

Open

₹7,419.00

Close

₹7,559.95

Circuit range

₹8,315.90 - ₹6,803.95

Day range

₹7,419.00 - ₹7,678.00

Year range

₹2,820.00 - ₹7,983.00

Volume

62,396

Avg. traded

₹7,604.68

Revenue (12m)

₹16,098 Cr

Dixon Techno

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.

Financial highlights

Revenue from operations for FY23 stood at ₹12,192 crore, up 13.9% from ₹10,697 crore in FY22. The company earned a net profit of ₹255.1 crore during the FY23 as against a profit of ₹190.3 crore in the previous fiscal. In FY23, the earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹518.4 crore, reflecting a growth of 35.2% from ₹383 crore in FY22. The company's earnings per share (EPS) stood at ₹42.92 in FY23 compared to ₹32.31 in the previous financial year. The company’s total assets stood at ₹46,79.4 crore in FY23.

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Dixon Techno Key indicators

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52 week high

₹7,983.00

52 week low

₹2,820.00

P/E ratio

125.99

P/B ratio

29.26

ROE

20.49%

ROCE

26.86%

Dividend yield

0.04%

Debt/Equity ratio

0.07

EPS

35.46

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Investment checklist: (5/6)

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

55%

Hold

13%

Sell

32%

This analysis is based on the reviews of 22 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

5.46%

Net profit margin

3.01%

ROE

20.49%

ROA

7.74%

ROCE

26.86%

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Dixon Techno Shareholder returns

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1 day

-0.96%

1 week

-0.99%

1 month

+8.59%

3 months

+19.17%

1 year

+153.47%

3 years

+102.34%

5 years

+1521.05%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Dixon Techno Share Price history

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DayOpenCloseDay’s change
Tue, Apr 16 2024
₹7,619.80
₹7,559.95
-0.79%
Mon, Apr 15 2024
₹7,700.00
₹7,633.00
-0.88%
Fri, Apr 12 2024
₹7,839.00
₹7,845.40
+0.08%
Wed, Apr 10 2024
₹7,740.00
₹7,828.10
+1.13%
Tue, Apr 9 2024
₹7,800.00
₹7,692.45
-1.40%
Mon, Apr 8 2024
₹7,682.05
₹7,635.30
-0.61%
Fri, Apr 5 2024
₹7,650.00
₹7,660.50
+0.14%
Thu, Apr 4 2024
₹7,700.00
₹7,628.25
-0.94%

Shareholding info

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Promoters (33.44%)

Mutual Funds (18.39%)

Retail and other (21.71%)

Foreign institutions-FII (17.85%)

Other domestic institutions (8.61%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹3/share

    Ex date 22 Sep 2023

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  • Dividend • ₹2/share

    Ex date 11 Aug 2022

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Frequently asked questions