More about Dixon Technologies (India) Limited
Fundamentals for Dixon Technologies (India) Limited
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Fundamentals for Dixon Technologies (India) Limited
Business Operations:
Sector: TechnologyIndustry: Consumer Electronics
Dixon Technologies (India) Limited engages in the provision of electronic manufacturing services in India and internationally. The company offers original design and original equipment manufacturing services for consumer electronics, including LED TVs and AC PCB; home appliances, such as washing machines and refrigerators; lighting products comprising LED bulbs, battens, and down lighters, etc.; mobile phones and smartphones, PCBA for mobile phones, medical electronics, wearables, and set top boxes; and security systems, such as CCTV camera and digital video recorders. It also provides solutions in reverse logistics, such as repair and refurbishment services for LED TV panels, as well as information technology hardware. The company was incorporated in 1993 and is headquartered in Noida, India.
Revenue projections:
Revenues for DIXON are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 53.149155 |
| debtToEquity | 29.663000 |
| earningsGrowth | 0.476000 |
| revenueGrowth | 0.021000 |
| grossMargins | 0.073890 |
| operatingMargins | 0.029560 |
| trailingEps | 274.590000 |
| forwardEps | 208.319400 |
DIXON's high forward PE indicates potential overvaluation, which may restrict future price increases and prompt a correction. Investors should evaluate this metric carefully in conjunction with other fundamental indicators to assess the stock's true growth potential.
DIXON's low Debt-to-Equity ratio means it is not excessively reliant on debt financing. This low leverage suggests lower financial risk and stronger equity control, positioning the company in a more stable financial situation and reducing vulnerability to debt-related issues.
DIXON's forward EPS being lower than its trailing EPS suggests that the company's earnings may decline in the current year. This could indicate financial challenges ahead for the company.
Price projections:
DIXON's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.
Recommendation changes over time:
Dixon Technologies (India) Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see Dixon Technologies (India) Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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