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DIXON
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As of the latest trading session, DIXON TECHNO (INDIA) LTD share price is currently at ₹ 15313, which is down by ₹ -227.00 from its previous closing. Today, the stock has fluctuated between ₹ 15264.00 and ₹ 15600.00. Over the past year, DIXON TECHNO (INDIA) LTD has achieved a return of 4.46 %. In the last month alone, the return has been -3.32 %. Read More...
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| Particulars | SEP 2025 (Values in Cr) |
|---|---|
| Revenue | 1385.80 |
| Operating Expense | 1341.15 |
| Net Profit | 478.53 |
| Net Profit Margin (%) | 34.53 |
| Earnings Per Share (EPS) | 79.32 |
| EBITDA | 597.54 |
| Effective Tax Rate (%) | 15.52 |
| Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
|---|---|---|---|---|---|
| ATLAS CYCLE (HARYANA) LTD | 100.35 | 0.00 | -2.05 | 65.27 | 62.99 / 172.45 |
| BAJAJ ELECT.LTD | 493.70 | 61.64 | 3.32 | 5695.82 | 487.60 / 862.00 |
| BLUE STAR LIMITED | 1794.20 | 68.72 | 11.85 | 36891.41 | 1521.20 / 2419.95 |
| IFB INDUSTRIES LTD | 1757.15 | 56.10 | 7.71 | 7119.97 | 1054.20 / 2035.00 |
| Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
|---|---|---|---|---|---|
| ATLAS CYCLE (HARYANA) LTD | 100.35 | 0.00 | -2.48 | 65.27 | 62.99 / 172.45 |
| BAJAJ ELECT.LTD | 493.70 | 58.15 | 3.67 | 5695.82 | 487.60 / 862.00 |
| BLUE STAR LIMITED | 1794.20 | 85.28 | 12.93 | 36891.41 | 1521.20 / 2419.95 |
| DELTRON LTD. | 11.73 | 4.81 | 0.38 | 3.34 | 0.00 / 0.00 |
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Dixon Technologies recorded a consolidated net profit of ₹280 crore in Q1 FY26, almost double from ₹140 crore Q1 FY25. Revenue stood at ₹12,836 crorein Q1 FY26 compared to ₹6,580 crore in Q1 FY25. Operating profit was ₹482 crore and the operating margin was stable at 4% in Q1 FY26.
Date Source: screener.in, and corporate filings on NSE/BSE
Dixon Technologies performed very well in FY 2024–25, with sales increasing to ₹38,860 crore from ₹17,691 crore last year. Net profit increased to ₹1,233 crore, up from ₹375 crore in FY 2023–24, and the company crossed ₹1,000 crore for the first time. Operating profit more than doubled to ₹1,515 crore with a constant 4% margin.
Date Source: screener.in, and corporate filings on NSE/BSE
Dividend payout for FY24-25 stood at ₹5 per share compared with ₹3 per share in FY23-24. Dividends are declared in line with the company’s financial performance.
Date Source: screener.in, and corporate filings on NSE/BSE
About Dixon Technologies (India) Limited
Dixon Technologies (India) Limited has become one of the biggest Indian companies that provide electronic manufacturing services (EMS). It became a public limited business in May 2017 and is now intimately linked to India's "Make in India" campaign. The company makes a lot of different things, like LED TVs, washing machines, LED lighting solutions, mobile phones, telecom equipment, and security gadgets. It also offers reverse logistics services, which include fixing and refurbishing set-top boxes and TV panels. Its wide range of products makes it the focus of both consumer and industrial electronics demand in the country.
The story of the business goes back even further than its formation in 2017. Dixon started making colour TVs in 1994. The company built a factory in Noida in 1996 to help it grow its manufacturing. It has moved on to LCD TVs by 2007, keeping up with changes in technology around the world. A year later, it added CFL bulbs to its line of lighting items and also added reverse logistics capabilities, which would later become a stable source of extra income. Around the same time, investment firms that worked with Motilal Oswal put money into the business, giving it more financial depth.
Dixon Bhurji Moulding Private Limited, a subsidiary, started making metal sheets and moulds for commercial use in 2009 and 2010. This expanded the company's manufacturing integration. Dixon started making LED TVs in 2010, and another subsidiary, Dixon Appliances Private Limited, started selling semi-automatic washing machines. By FY14, the company's income had already crossed ₹1,000 crore on its own, showing that it could grow from making niche products to making things in enormous quantities.
Next came a time of restructuring. Dixon took full ownership of its subsidiaries DAPL and DBMPL in 2015. In 2017, both companies were merged with the main company. These changes made the company's structure easier to understand at a time when it was trying to get new customers and key partners.
Around the middle of the 2010s, diversification sped up. Dixon started making LED products in 2016 and started Padget Electronics, a joint venture that made mobile phones. That same year, it got permission from the state to build a factory in Tirupati, Andhra Pradesh. In 2017, Dixon teamed up with Aditya Infotech to make CCTV and DVR systems, which was the company's first step into the security solutions market.
Strategic alliances become a key part. In October 2017, the company made a deal with Flipkart to make and design TVs, washing machines, and other appliances under the "MarQ" brand. In January 2018, a few months later, its joint venture started making CCTV cameras and DVRs with the CP Plus brand. By October 2018, Dixon began making Mi-branded LED TVs for Xiaomi at its Tirupati plant. This partnership put Dixon firmly in the country's fast-growing market for cheap electronics.
Partnerships with significant companies around the world get stronger. In FY22, it worked with Japan's Rexxam to develop air conditioner controller boards and with Beetel Teletech to make networking and telecom equipment. Both moves were smart ways for Dixon to branch out into product areas that are becoming more popular at home and online.
It got much bigger in the next year. Dixon Communications became a wholly owned subsidiary in early 2023. In July 2022, it opened a facility in Noida to make printed circuit boards (PCBs) for air conditioners. These new capabilities made backward integration stronger and gave it more power to deliver low-cost scalability.
In FY24–25, the business began developing interactive flat-panel displays and freezers. A new facility in Dehradun can make 2.4 million washing machines a year. In FY25, a plant for building refrigerators started in Greater Noida.
Dixon Technologies is more than just a contract manufacturer these days. It is a fundamental factor that allows both domestic and foreign brands to make things in large quantities in India. The wide range of items it offers, from LED TVs and lighting to washing machines, cell phones, and networking devices, shows how it has changed with the times and in response to policy-driven localisation.
Dixon is still a relatively new company on the stock market, but it has grown into a world leader in EMS through partnerships, acquisitions, and adding capacity. The company has a strong base for future growth since it can gain repeat business from major brands and explore new markets. Dixon is a good example of how Indian manufacturing is transforming. It is quite diverse, cost-effective, and works with global supply networks.
1. Who is the CEO of Dixon Ltd?
As of November 2024, the CEO of Dixon Technologies (India) Ltd. is Mr. Atul B. Lall. He has been instrumental in steering the company's growth and strategic direction, which have positively influenced the Dixon share price through effective leadership and business expansion.
2. When was Dixon Ltd established?
Dixon Technologies (India) Ltd. was established in 1993. Over the decades, it has evolved into a leading electronics manufacturing services provider in India, impacting the Dixon share price through its extensive operations and market presence.
3. What factors influence Dixon Ltd share price fluctuations?
The Dixon share price is influenced by various factors, including the company's financial performance, expansion into new markets, demand for consumer electronics, and broader economic conditions. Additionally, industry competition, technological advancements, and regulatory developments play significant roles in determining share price movements.
4. Is Dixon debt free?
No, Dixon Technologies is not entirely debt-free. The company utilises debt financing to support its operations and expansion plans. However, it maintains a balanced debt-to-equity ratio, ensuring financial stability and the ability to meet its obligations without adversely affecting the Dixon share price.
5. What is the CAGR of Dixon share?
Over the past five years, the Compound Annual Growth Rate (CAGR) of Dixon shares has been approximately 40%. This indicates a robust growth in the Dixon share price, reflecting the company's consistent financial performance and strategic initiatives.
6. How has the Dixon share price performed over the past year?
Over the past year, the Dixon share price has experienced significant growth, reflecting the company's strong financial performance and positive market sentiment. As of November 2024, the share price has increased substantially compared to the same period last year, indicating investor confidence in Dixon's strategic direction and financial health.
Dixon Technologies (India) Limited was incorporated as Public Limited Company on May 2, 2017. The Company is primarily involved in manufacturing of electronic goods such as consumer durables, home appliances, lighting product, mobile phones, telecom product and security devices. Its diversified product portfolio includes (i) consumer electronics like LED TVs; (ii) home appliances like washing machines; (iii) lighting products like LED bulbs and tube lights, down lighters and CFL bulbs; (iv) mobile phones and (v) CCTV & Digital Video Recorders (DVRs). The Company provides solutions in reverse logistics i.e. repair and refurbishment services of Set Top Boxes, Mobile Phones and LED TV Panels.
In 1994, the Company commenced manufacture of colour televisions. In 1996, it established manufacturing facility at Noida I.
In 2007, the Company commenced manufacturing of LCD TVs.
In 2008, the company entered the lighting products vertical with manufacture of CFL products. It also started providing reverse logistics services in 2008. During the year under review, IBEF I and IBEF, whose investments are advised and managed by MOPE Investment Advisors Private Limited, subsidiary of Motilal Oswal Financial Services Limited, made investment in the company.
During the calendar years 2009 and 2010, the company's erstwhile subsidiary Dixon Bhurji Moulding Private Limited (DBMPL) commenced commercial manufacturing in the metal sheet and moulding segments.
In 2010, the company commenced manufacturing LED TVs. During the year under review, the company's erstwhile subsidiary Dixon Appliances Private Limited (DAPL) commenced manufacturing of semi-automatic washing machines.
The company achieved revenue from operations of more than Rs 1000 crore on standalone basis during the financial year ended 31 March 2014.
In 2015, the company acquired remaining shareholding of its erstwhile subsidiaries DAPL and DBMPL, pursuant to which they became our wholly owned subsidiaries of the company.
In 2016, the company started manufacturing of LED products. During the year under review, the company's joint venture Padget Electronics Private Limited (PEPL) commenced manufacture of mobile phones. During the year under review, the company received approval from the state government of Andhra Pradesh for setting up a manufacturing facility in Tirupati.
In 2017, Pursuant to the Amalgamation Order, the company's two wholly owned subsidiaries DAPL and DBMPL were amalgamated with the company. During the year under review, the company's joint venture company AIL Dixon Technologies Private Limited (ADTPL) entered into a joint venture agreement with Aditya Infotech Limited for the manufacture of security systems including CCTVs and Digital Video Recorders (DVRs).
On 10 October 2017, Dixon Technologies (India) announced that it has entered into Design, Manufacture and Supply agreement with Flipkart India Private Limited on 9 October 2017. Pursuant to the said agreement, the company shall be undertaking designing and manufacturing televisions, washing machines and other electrical appliances for Flipkart under their trade mark - 'MARQ'.
On 2 January 2018, Dixon Technologies (India) announced that AIL Dixon Technologies Private Limited , a Joint Venture Company of Dixon Technologies (India) Limited (the Company) has commenced manufacturing of CCTVs and DVRs under the Trademark 'CP Plus' on 2 January 2018 from its manufacturing facility situated at Tirupati.
On 4 October 2018, Dixon Technologies (India) Limited and Xiaomi India entered into agreement for manufacturing of LED TVs for Xiaomi - Mi LED TVs as another step towards their commitment to Make in India. Dixon shall be manufacturing Mi TVs for Xiaomi from its facility located at Tirupati, Andhra Pradesh where it has recently commenced production of Liquid Crystal module (LCM) Line under Central Government's flagship programme 'Make in India' and such LCM line provides overall cost efficiency to Dixon's elite allies. Dixon Technologies has commenced its local production of Mi LED TVs with Mi LED Smart TV 4A 80cm (32') and Mi LED Smart TV 4A 180cm (43') for now.
In FY 2019-20, the Company launched new products like LED and Smart TVs. It started manufacturing hybrid set-top boxes. It signed a memorandum of understanding, with Joint venture Company, AIL Dixon Technologies Private Limited to manufacture RT-PCR S device.
On 12th April, 2019, Company had acquired 100% equity shareholding of Padget Electronics Pvt Ltd., wherein it held 50% equity shareholding thereby making the said Company, a Wholly Owned Subsidiary of Company. Also, it incorporated a Wholly Owned Subsidiary-Dixon Electro Appliances Private Limited on 15th January, 2020 with an object of manufacturing and dealing in, inter-alia, consumer durables and electronic appliances.
In FY 2022, the Company formed a joint venture with Rexxam, Japan to build controller boats for air conditioners. It has formed a Joint Venture (JV) with Beetel Teletech Limited for manufacturing telecom and networking products.
In 2022-23, Dixon Communications Private Limited became a 100% Subsidiary of the Company effective on 22nd February, 2023.
During the year 2022-23, the manufacturing of Printed Circuit boards for air conditioners facility in Noida was operational in July, 2022.
In 2023-24, Company ventured into new product categories, such as Interactive Flat-Panel Displays (IFPD) in the consumer electronics segment and commenced production of refrigerators, catering to both domestic and international brands. A Washing Machine Plant was inaugurated in Dehradun with annual production capacity of 2.4 million units in 2024. The new Refrigerator Plant in Greater Noida commenced its operations in FY 2025.
Dixon Technologies (India) Ltd share price is for NSE ₹ 15,313.00 & for BSE ₹ 15,307.60 as on Nov 20 2025 03:30 PM.
The market cap of Dixon Technologies (India) Ltd for NSE ₹ 92,240.44 & for BSE ₹ 92,207.91 as on Nov 20 2025 03:30 PM.
The 52 Week High and Low of Dixon Technologies (India) Ltd for NSE is ₹ 19,148.90 and ₹ 12,202.20 and for BSE is ₹ 19,149.80 and ₹ 12,326.60.
The 1 year returns on the stock has been 4.46%.
As on Nov 20 2025 03:30 PM the price-to-earnings (PE) ratio for Dixon Technologies (India) Ltd share is 121.37.
As on Nov 20 2025 03:30 PM, the price-to-book (PB) ratio for Dixon Technologies (India) Ltd share is 468.54.
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