ALFA Finder| Management target | Revenue FY27 |
|---|
| Revenue growth | Massive revenue growth driven by mobile and IT hardware segments. |
|---|---|
| Margins | Temporary margin compression due to PLI-1 expiry and input costs. |
| Order book | Strong order book in mobile and IT hardware through FY27. |
| Demand visibility | Strong visibility in mobile, IT hardware, and telecom sectors. |
| Management confidence | Confident, focusing on backward integration and strategic global partnerships. |
Growth
Q1 Revenue hit ₹15,557 Cr, driven by high mobile volume and IT hardware ramp-up.
Outlook
Projecting ₹6,700-7,000 Cr telecom revenue and 20-25% QoQ mobile volume growth in Q2.
Risks
Memory price volatility, PLI-1 expiry, and working capital spikes due to strategic inventory building.
Last quarter's promises, checked
Delivered
- Guided IT Revenue >₹4,000 Cr → Delivered massive growth in IT hardware (= BEAT)
- Guided 32M Mobile volume (excl. Vivo) → Delivered high volume growth (= BEAT)
- Guided negative 8-day WC cycle → Delivered strategic inventory build (= BEAT)
Partly delivered
- Guided 50-70 bps margin impact from PLI expiry → Delivered temporary compression (= PARTIAL)
Missed
- Guided flat Q4 revenue → Delivered flat revenue but margins compressed (= MISS)
Earnings Call Transcript filed with BSE, NSE: DIXON. Summary written with AI assistance from the document.
Dixon Technologies (India) Ltd: key numbers
- Share price
- ₹12,919.00
- Market cap
- ₹79,075 Cr
- Revenue (annual)
- ₹48,873 Cr
- Net profit (annual)
- ₹1,439 Cr
- P/E (TTM)
- 51.0×Sector 44.3×
- Promoter holding
- 28.50%-0.05% QoQ
- FII holding
- 18.96%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Dixon Technologies (India) Ltd
All →Dixon Technologies (India) Employee Stock Options
Dixon Technologies allotted 37,750 equity shares on 5 November 2026 under its ESOP 2020 scheme. Paid-up share capital rises accordingly.
Dixon Technologies (India) Other Announcement
Dixon Technologies informed exchanges that its RTA, KFin Technologies, moves its corporate office from 1 December 2026. The registered office remains unchanged.
Dixon Technologies (India) Management Change
Dixon Technologies appointed Prithvi Vachani as Additional Director (Executive Director) for 60 months, effective 30 October 2026. He is the son of Executive Chairman Sunil Vachani.
- Execution
- 60 months
Dixon Technologies (India) Earnings Call Transcript: Key Takeaways
Dixon reported explosive revenue growth driven by memory price pass-throughs and IT hardware scale-up, though mobile margins are under temporary pressure from memory costs and PLI transition.
Dixon Technologies (India) Q2 FY27 Results: Net Profit ₹410.9 Cr, Down 44.9% YoY
Dixon Technologies (India) Ltd reported revenue from operations of ₹21,794 Cr (+46.7% YoY) and net profit of ₹410.9 Cr (-44.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹410.9 Cr · -44.9% YoY
Dixon Technologies (India) Board Meeting Date
Dixon Technologies will hold a board meeting on 30 October 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window closed from 1 October 2026.