Dixon Technologies (India) logo

Dixon Technologies (India) share price

NSE: DIXONBSE: 540699Consumer DurablesMid Cap

Last close ₹11,191.00down ₹403.00 (3.48%)BSE ₹11,187.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹11,594.00.

52-week range of traded prices to 23 Oct 2026
₹9,600.00Low, 30 Mar 2026₹16,259.00High, 23 Oct 2025
Market cap
₹68,456 Cr159th largest listed
P/E
36.5
P/B
14.6
Dividend yield
0.09%
ROE
48.8%
ROCE
24.6%
Debt to equity
0.09
Volume, NSE
3,52,29239.9% delivered

Share price

Daily closes since Sep 2017, adjusted for splits and bonuses

−28.3%over a year

Results20-session average 2,73,801 shares a day, 38.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 31 Jul

Revenue
₹15,548 Crup 47.92%
Net profit
₹718 Crup 140.91%
Net margin
4.6%

Revenue by year

Peak revenue ₹48,873 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 25 OctDec 2024Filed 20 JanMar 2025Filed 12 JunJun 2025Filed 22 JulSep 2025Filed 17 OctDec 2025Filed 29 JanMar 2026Filed 12 MayJun 2026Filed 31 Jul
Revenue11,53410,45410,29312,83614,85510,67210,51115,548
Net profit412216465280746321298718
Net margin3.6%2.1%4.5%2.2%5.0%3.0%2.8%4.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Electronics Goods, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 1% of 2,074 trading days since Jun 2018.

LowestHighest
Its median105.8Industry median27.8
Price to book

At or below today's level on 23% of 1,975 trading days since Nov 2018.

LowestHighest
Its median22.7Industry median2.1
EV to EBITDA36.8

At or below today's level on 28% of 1,975 trading days since Nov 2018.

LowestHighest
Its median55.7Industry median15.0
Dividend yield

At or below today's level on 91% of 2,204 trading days since Oct 2017.

LowestHighest
Its median0.05%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−26.5%+30.1%−43.6%0.1%
3 years+50.2%+76.7%−15.0%0.1%
5 years+21.5%+54.0%−21.2%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters28.50%
  • Foreign institutions18.96%
  • Indian institutions28.71%
  • Individuals and others23.83%
Holder
PSV FAMILY TRUST UNDER THE TRUSTEES MR. SUNIL VACHANI AND MRS. GAYATRI VACHANIPromoter15.45%
GAYATRI VACHANIPromoter6.36%
KAMLA VACHANINon-resident Indians6.17%
KSV FAMILY TRUST UNDER THE TRUSTEES MR. SUNIL VACHANI AND MRS. GAYATRI VACHANIPromoter3.86%
ATUL BEHARI LALLDirectors and their relatives3.18%
NPS TRUST A/C UTI PENSION FUND LIMITED-SCHEME CENTProvident and pension funds2.53%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

300 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 112 of the 172 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
1
Bought again
6
Added
97
Cut
75
Held unchanged
118
Sold out
5
Fund
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund12,41,9702.44%₹1,627.0 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Midcap FundMotilal Oswal Mutual Fund10,51,8373.43%₹1,377.9 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund6,20,0623.61%₹812.3 Cr
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund5,14,2900.66%₹673.7 Cr
Canara Robeco Mutual Fund logoCanara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund4,86,3902.59%₹637.2 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund4,20,0001.10%₹550.2 Cr
Axis Mutual Fund logoAxis Midcap FundAxis Mutual Fund4,00,7551.57%₹525.0 Cr
Mirae Asset Mutual Fund logoMirae Asset Midcap FundMirae Asset Mutual Fund3,96,9102.66%₹520.0 Cr
Mirae Asset Mutual Fund logoMirae Asset Large & Midcap FundMirae Asset Mutual Fund3,88,1271.19%₹508.4 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund3,70,6440.60%₹485.5 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Consumer Electronics, 23 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Dixon Technologies (India) in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Havells India logoHavells IndiaHAVELLS64,70238.96.627.8+16.5%+13.7%18.0%18.6%0.97%
PG Electroplast logoPG ElectroplastPGEL13,47965.54.433.1+15.1%−24.1%7.0%8.8%0.05%
IKIO Technologies logoIKIO TechnologiesIKIO1,29327.82.114.5+34.5%+126.0%8.0%8.8%0.00%
Onida Electronics logoOnida ElectronicsONIDA929–3.9–+6.3%–−42.1%−18.9%0.00%
CWD logoCWDCWD66260.4––+331.1%+336.9%14.0%–0.00%
Cellecor Gadgets logoCellecor GadgetsCELLECOR64116.2––––22.0%–0.00%
Universus Photo Imagings logoUniversus Photo ImagingsUNIVPHOTO461–0.6439.0−5.2%−121.5%−2.1%0.1%0.00%
Arham Technologies logoArham TechnologiesARHAM41333.94.2–+69.6%+67.8%18.8%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹10.00 a share, year to Mar 2026.
Ex-dateTypePer share
21 Sep 2026Final₹10.00
16 Sep 2025Final₹8.00
17 Sep 2024Final₹5.00
22 Sep 2023Final₹3.00
11 Aug 2022Final₹2.00
20 Sep 2021Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Dixon Technologies (India) share price by year

Each calendar year to 2025.Dixon Technologies (India) share price history

YearClose at year endChangeHighest closeLowest close
202512,102.00−32.5%18,451.8511,767.00
202417,936.30+173.1%18,940.155,853.85
20236,566.75+68.2%6,566.752,644.20
20223,904.60−29.1%5,517.103,325.95
20215,509.55+104.8%5,753.452,724.38
20202,689.71+254.0%2,743.27636.81
2019759.86+84.2%782.48374.38
2018412.58−50.8%840.09382.96
2017838.19–878.85519.96
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 18 Sep 2017.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202611,625.0011,689.0011,100.0011,191.0011,281.953,52,29239.9%
22 Oct 202611,670.0011,805.0011,421.0011,594.0011,619.762,76,95831.0%
21 Oct 202612,175.0012,179.0011,581.0011,689.0011,789.385,03,30245.1%
19 Oct 202612,400.0012,495.0012,084.0012,100.0012,284.783,10,83145.1%
16 Oct 202612,770.0012,850.0012,268.0012,340.0012,455.384,77,55445.7%
15 Oct 202612,820.0012,953.0012,666.0012,666.0012,804.713,10,89156.1%
14 Oct 202612,760.0012,948.0012,662.0012,820.0012,827.931,45,47330.5%
13 Oct 202612,708.0012,805.0012,581.0012,740.0012,715.391,32,07529.2%
12 Oct 202612,838.0012,878.0012,610.0012,660.0012,704.661,72,53231.1%
9 Oct 202612,730.0012,875.0012,602.0012,774.0012,737.691,64,13833.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
18 Mar 2021Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Dixon Technologies (India)

Dixon Technologies (India) Limited is an electronics manufacturing services company. It makes products for global and domestic brands, working as an original equipment manufacturer and as an original design manufacturer, and has over three decades of industry experience. It was incorporated in 1993, and its registered office is in Noida, Uttar Pradesh.

The group operates 30 manufacturing facilities across India. Its business verticals are mobile phones, consumer electronics, home appliances and engineering, refrigerators, wearables and hearables, telecom and IT hardware products, and emerging businesses. The mobile phone vertical focuses on high-volume phone manufacturing for domestic and global brands. The consumer electronics vertical designs and makes products such as LED TVs. The home appliances vertical makes washing machines, including semi-automatic models.

Much of the work sits in subsidiaries and joint ventures. Padget Electronics Private Limited, a wholly owned subsidiary, makes IT hardware such as laptops and notebooks. Dixon Electro Manufacturing Private Limited, a subsidiary, is involved in the commercial production of refrigerators. Dixon Electro Appliances Private Limited makes telecom and networking products such as modems and routers. Dixon holds 51% of it, and the other 49% is held by Beetel Teletech Limited, a Bharti Airtel group company. Dixon also holds 51% of Kunshan Q Tech Microelectronics (India) Private Limited.

Sunil Vachani, a whole-time director, is a promoter of the company and has been associated with it since its inception. A promoter is the person or group that set up a company or controls it.

Legal name
Dixon Technologies (India) Limited
NSE symbol
DIXON
BSE code
540699
ISIN
INE935N01020
Industry
Consumer Durables
Listed
Sep 2017
Face value
₹2
CIN
L32101UP1993PLC066581
Corporate identity number, the registrar of companies' code for it