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Earnings Call

Dixon Technologies (India) Earnings Call: Key Takeaways

Dixon reported Q4 FY26 revenue of ₹10,520cr. FY26 revenue grew 26% to ₹48,893cr, with PAT rising 20% to ₹845cr driven by mobile and telecom growth.

Highlights
Revenue growthFY26 growth of 26% YoY.
MarginsNear-term pressure from PLI expiry; 40-50bps expansion targeted post-component integration.
Order bookRobust order book for smartphones and IT hardware.
Demand visibilityImproving customer ordering patterns after sluggish Q4.
Management confidenceConfident in 15-17% growth for FY27 excluding potential Vivo JV.

Growth

FY26 revenue up 26% (₹48,893cr); EBITDA up 23% (₹1,887cr); PAT up 20% (₹845cr).

Outlook

Targeting ₹56,000cr revenue in FY27 (excluding Vivo); major capex for display and camera module expansion.

Risks

Memory price inflation, geopolitical tensions, and softer consumer demand impacting smartphone/IT hardware segments.

Source

Earnings Call filed with BSE, NSE: DIXON. Summary written with AI assistance from the document.

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Dixon Technologies (India) Ltd: key numbers

Share price
₹13,390.00
Market cap
₹81,907 Cr
Revenue (annual)
₹48,873 Cr
Net profit (annual)
₹1,439 Cr
P/E (TTM)
43.6×Sector 45.9×
Promoter holding
28.55%-0.13% QoQ
FII holding
17.87%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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