D

Dixon Technologies (India) Limited

DIXONNSE
Market snapshot · 2026-08-11 12:49 UTC

14,023.00

₹-92.00 (-0.65%)

MARKET CAP

₹85.26K Cr

STOCK P/E

41.1x

52W HIGH

₹18,471.00

52W LOW

₹9,600.00

BOOK VALUE

₹897.73

EPS

₹341.58

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

18.46

VOLUME

1.41L

P/B RATIO

15.62x

PEG RATIO

0.27

Sector

Consumer Discretionary

Themes

Home Electronics & AppliancesSemiconductorManufacturing
D
Dividend
E
Earnings
₹18,177.00₹16,112.88₹14,048.75₹11,984.63₹9,920.50VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for DIXON.

28.00 analysts

Price Forecast

Current
₹14,023
High Target
₹17,800
▲ +26.9%
Median Target
₹15,440
▲ +10.1%
Low Target
₹8,157
▼ -41.8%
Now₹14,023High ₹17,800Median ₹15,440Low ₹8,157Aug '25Now12M Target
Price history (1Y)
Analyst target range
28 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹10,673 - ₹17,52380%
6M₹9,393 - ₹18,93780%
12M₹7,725 - ₹20,82580%
Realized vol: +38.7% · Drift: -2.6%

Revenue Forecast

₹ Cr
Jun '26Current₹1,080.0
Sep 2026 ETrend estimate range
High₹1,384.1Base₹1,281.5Low₹1,179.0
Sep '25: ₹1,386.0 · Dec '25: ₹792.0 · Mar '26: ₹861.0 · Jun '26: ₹1,080.0 · Sep '26: ₹1,281.5 · Dec '26: ₹732.3
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1,386.0792.0861.01,080.01,281.5732.3
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹81.54
Sep 2026 ETrend estimate range
High₹132.85Base₹118.62Low₹104.39
Sep '25: ₹79.08 · Dec '25: ₹30.83 · Mar '26: ₹12.81 · Jun '26: ₹81.54 · Sep '26: ₹118.62 · Dec '26: ₹46.25
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E79.0830.8312.8181.54118.6246.25
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
61%
Analyst Consensus
Weakening

From 28 analysts

Mean upside+3.6%

Fundamentals

Strong

Fundamentals institutional score is 94 using growth durability 93.9.

Valuation

Premium valuation

Valuation institutional score is 8 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 38 using mean target upside 3.6%; dispersion penalty 26.5; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 86 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price14,530.9 target
Mean Upside+3.6%
Technical Score87%
Fundamental Score94%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 13.2% above historical median. Valuation is declining — currently in the overvalued zone (z-score: +0.56). Confidence: 67%.

Live forward EPS implies next-12-month EPS of ₹281.39. Applying the stock's normalized valuation corridor produces a fair range of ₹7,138.86 to ₹12,305.18, with base value near ₹10,200.39 (-27.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹281.39

Forward P/E

49.8x

Base Fair Value

₹10,200.39

Fair Range

₹7,138.86 - ₹12,305.18

Upside To Base

-27.3%

Estimate Source

Live forward EPS

Growth Estimate

+154.6%

P/E
Overvalued

5Y Average

25.92

Current

41.05

Overvalued

43.73

Undervalued

25.37

P/S
Strongly Overvalued

5Y Average

1.04

Current

1.65

Overvalued

1.20

Undervalued

0.89

EV/EBITDA
Strongly Overvalued

5Y Average

26.86

Current

42.54

Overvalued

41.96

Undervalued

13.28

Peers & Comparison

Sector: Consumer Discretionary · Theme: Home Electronics & Appliances

Home Electronics & Appliances Peers5 peers
Avg P/E: 92.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BLUE STAR LIMITED
BLUESTARCOHome Electronics & Appliances
+13.3%4.0%
60.6x
Undervalued
-34% vs avg
-13.6%
LG ELECTRONICS INDIA LTD
LGEINDIAHome Electronics & Appliances
+8.1%6.8%
64.0x
Undervalued
-31% vs avg
-7.8%
VOLTAS LTD
VOLTASHome Electronics & Appliances
+2.5%2.6%
113.2x
Premium
+23% vs avg
+3.2%
AMBER ENTERPRISES (I) LTD
AMBERHome Electronics & Appliances
+10.5%1.5%
140.5x
Premium
+52% vs avg
+3.7%
+20.7%2.8%
83.0x
Fair
-10% vs avg
-6.8%
WHY THESE PEERS

DIXON TECHNO (INDIA) LTD trades at a discount (41.1x vs peer avg 92.3x), suggesting potential undervaluation relative to the Home Electronics & Appliances cohort. Peers include BLUE STAR LIMITED, LG ELECTRONICS INDIA LTD, VOLTAS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.08K CrJun 2026

Latest net profit

₹498 CrJun 2026

Latest EPS

₹81.54Jun 2026

Net margin

6.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%2.0%4.0%6.0%8.0%0.00 Cr350 Cr700 Cr1.05K Cr1.40K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr350 Cr700 Cr1.05K Cr1.40K Cr₹0₹25₹50₹75₹100
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr300 Cr600 Cr900 Cr1.20K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.50K Cr0.00 Cr1.50K Cr3.00K Cr4.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +1,5092,0731,4411,3881,2991,9861,0301,0868911,3867928611,080
Expenses +1,4261,9791,3751,3161,2451,8951,0011,0148421,3107378321,011
Operating Profit83946672549230714976563069
OPM %6%4.5%4.6%5%4.2%4.6%2.9%7%6%5%7%3.4%6%
Other Income +88912122466292752219281540
Interest10912101112151515131978
Depreciation16151617171717201918161717
Profit before tax657847573930943282256621387584
Tax %26%27%21%24%27%17%40%15%28%16%12%10%15%
Net Profit +485737432825722791647918778498
EPS in Rs8.059.616.197.264.6842.920.4246.242.6379.0830.8312.8181.54
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +28.95%28.92%28.83%28.69%28.55%
FIIs +20.55%20.69%18.68%18.30%17.87%
DIIs +26.68%28.93%29.06%28.14%28.38%
Public +23.81%21.45%23.43%24.87%25.20%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 01, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 31, 2026PDFCompany Reports Open