The company is on a high growth path driven by a significant increase in manufacturing volumes for Motorola and Xiaomi. The new facility in Chennai plant is expected to be operational by Q4FY25

Dixon Technologies to open new Chennai facility for top notebook brands

Dixon Technologies Business Outlook: कंपनी के Q1 नतीजों और बिजनेस ग्रोथ पर मैनेजमेंट से चर्चा

Dixon Technologies (India) rose 1.68% to Rs 12,167.95 after the company reported 107.91% surge in consolidated net profit to Rs 139.70 crore in Q1 FY25 from Rs 67.19 crore posted in Q1 FY24.

Dixon Tech gains as PAT doubles to Rs 140 cr in Q1 FY25

Dixon Technologies (India) Ltd has lost 1.27% over last one month compared to 3.64% gain in BSE Consumer Durables index and 2.74% rise in the SENSEX

Dixon Technologies (India) Ltd Spurts 2.65%, BSE Consumer Durables index Gains 1.37%

The company will continue to explore high
growth segments having healthy RoCE, believes the brokerage and maintain earnings estimates and
estimate 47%/45%/58% CAGR in revenue/Ebitda/PAT over FY24-26E.

Dixon Technologies Q1 Review - Mobiles Drove Strong Quarter; IT, Hardware, The Next Big Driver: Systematix

Homegrown contract electronics manufacturer Dixon Technologies India reported a 108% growth in net profit in the first quarter of 2024-25, as compared to the corresponding quarter last year.

Dixon Technologies Q1 Results: PAT skyrockets 108% to Rs 139 crore, revenue soars 101%

Dixon Technologies said its net profit for the June quarter climbed 109 per cent year-on-year (YoY) to Rs 140 crore while its net sales surged 101 per cent YoY to Rs 6,588 crore.

Dixon Technologies shares climb 3% as Q1 profit, sales jump over 100%

Dixon Technologies (India) consolidated net profit rises 94.25% in the June 2024 quarter

The electronic manufacturing services firm’s bottom line stood at Rs 140 crore in the April–June period.

Dixon Technologies Q1 Results: Profit, Revenue Jump More Than Twofold

The government extended customs duty exemptions on essential components for manufacturing electronics like TVs and washing machines till March 2026, encouraging local production and new investments. Sunil Vachani, Dixon Technologies, emphasized this will boost industry confidence.

Duty concessions in Budget 2024 to boost domestic consumer electronic manufacturing

Budget expectations: India’s Finance Minister, Nirmala Sitharaman, is set to present the country’s FY25 budget on July 23, marking the first of Modi 3.0’s first budgets. The budget is expected to focus on rural schemes to boost consumption, benefiting companies like Hindustan Unilever, TVS Motor, and Hero MotoCorp. A less than 5-7 per cent increase in tobacco taxes could be beneficial for ITC, while production-linked incentive schemes could benefit Dixon Technologies, Ideaforge Technology, and Biocon.

Budget 2024: These sectors are the potential winners and losers of Modi 3.0 budget

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Dixon Technologies Private Limited is a design-focused products and solutions company. The Company is engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India

Dixon Technologies (India) Ltd