Dixon Technologies Key Ratios
NSE: DIXON | BSE: 540699
₹11,689.00
As on 21-Oct-2026IST
Market cap
₹71,521 Cr
Revenue (TTM)
₹51,585 Cr
P/E Ratio
38.1
P/B Ratio
13.6
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 47.92 | 21.13 | 14.34 | 59.94 | 45.92 |
| EBIT | 17.39 | -8.60 | 1.21 | 50.77 | 39.96 |
| Net Profit | 158.73 | 194.89 | 119.23 | 88.87 | 60.48 |
| EPS | 157.46 | 192.00 | 56.48 | 87.52 | 59.17 |
| Book Value | -- | -- | 54.86 | 51.93 | 43.10 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 3.61 | 3.07 | 2.79 | 3.02 | 3.17 |
| Net Margin
| 9.76 | 2.49 | 3.90 | 3.32 | 3.17 |
| Return on equity
| 25.60 | 33.65 | 42.95 | 44.17 | 53.80 |
| Return on Capital
| 30.62 | 41.97 | -- | 52.92 | 68.40 |
| Return on Assets
| 14.70 | 7.40 | 11.46 | 9.16 | 10.38 |
| Debt to Equity (x)
| -- | -- | 0.08 | 0.10 | 0.07 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
52.92
|
68.40
|
34.65
|
27.98
|
|
Peer Median
|
--
|
7.50
|
15.09
|
--
|
--
|
ROE
42.95
Higher than Peers by 33.90
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
42.95
|
44.17
|
53.80
|
25.47
|
22.63
|
|
Peer Median
|
9.05
|
5.28
|
12.12
|
--
|
--
|
ROA
11.46
Higher than Peers by 6.79
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
11.46
|
9.16
|
10.38
|
6.43
|
5.70
|
|
Peer Median
|
4.67
|
2.26
|
3.61
|
--
|
--
|
EBIT Margin
2.79
Lower than Peers by 2.54
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
2.79
|
3.02
|
3.17
|
3.06
|
3.29
|
|
Peer Median
|
5.33
|
6.14
|
4.92
|
--
|
--
|
Net Margin
3.90
Lower than Peers by 0.12
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
3.90
|
3.32
|
3.17
|
2.12
|
2.09
|
|
Peer Median
|
4.01
|
2.58
|
3.04
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
4.17
|
3.89
|
3.03
|
3.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
14.34
Higher than Peers by 5.15
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
14.34
|
25.77
|
119.66
|
45.10
|
13.98
|
|
Peer Median
|
9.19
|
8.06
|
23.72
|
--
|
--
|
EBIT Growth
1.21
Lower than Peers by 11.61
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
1.21
|
19.71
|
127.63
|
34.95
|
33.71
|
|
Peer Median
|
12.82
|
-5.67
|
41.98
|
--
|
--
|
Net Profit Growth
119.23
Higher than Peers by 106.21
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
119.23
|
33.40
|
228.76
|
46.98
|
34.02
|
|
Peer Median
|
13.03
|
-32.30
|
43.82
|
--
|
--
|
EPS Growth
56.48
Higher than Peers by 41.49
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
56.48
|
30.13
|
195.68
|
43.32
|
33.91
|
|
Peer Median
|
14.99
|
-16.55
|
35.91
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
56.27
|
73.32
|
32.20
|
28.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.08
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
0.08
|
0.10
|
0.07
|
0.09
|
0.14
|
|
Peer Median
|
--
|
--
|
0.14
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
0.02
|
--
|
0.00
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.06
Lower than Peers by 0.17
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
1.06
|
1.06
|
1.04
|
1.02
|
1.07
|
|
Peer Median
|
1.23
|
1.28
|
1.26
|
--
|
--
|
Quick Ratio
0.76
Lower than Peers by 0.06
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
0.76
|
0.76
|
0.72
|
0.66
|
0.74
|
|
Peer Median
|
0.83
|
0.80
|
0.87
|
--
|
--
|
Interest Coverage
20.77
Higher than Peers by 9.63
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
20.77
|
15.71
|
10.72
|
7.10
|
6.38
|
|
Peer Median
|
11.14
|
5.95
|
7.67
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.66
Higher than Peers by 1.78
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
12.66
|
13.36
|
17.92
|
13.10
|
14.07
|
|
Peer Median
|
10.88
|
13.17
|
11.39
|
--
|
--
|
Asset Turnover
2.87
Higher than Peers by 1.65
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
2.87
|
2.72
|
3.27
|
3.03
|
2.72
|
|
Peer Median
|
1.23
|
1.16
|
1.47
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
50.38
|
43.58
|
41.57
|
45.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
29.22
|
26.70
|
27.34
|
31.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
87.09
|
76.11
|
74.09
|
78.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
--
|
-7.49
|
-5.83
|
-5.18
|
-1.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
38.10
Lower than Peers by 201.32
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
38.10
|
40.87
|
72.48
|
121.65
|
66.69
|
|
Peer Median
|
239.42
|
151.45
|
72.30
|
--
|
--
|
Price / Book Value
13.62
Higher than Peers by 9.19
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
13.62
|
12.95
|
27.33
|
26.69
|
13.44
|
|
Peer Median
|
4.43
|
4.87
|
8.25
|
--
|
--
|
Dividend Yield
0.09
Lower than Peers by 0.51
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
0.09
|
0.10
|
0.06
|
0.07
|
0.10
|
|
Peer Median
|
0.60
|
0.34
|
0.26
|
--
|
--
|
EV/EBITDA
23.02
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
23.02
|
22.58
|
51.69
|
61.51
|
32.56
|
|
Peer Median
|
--
|
38.15
|
67.12
|
--
|
--
|
Market Cap
71,521
Higher than Peers by 60,900
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dixon Technologies
|
71,521
|
58,789
|
79,407
|
44,735
|
17,041
|
|
Peer Median
|
10,621
|
12,036
|
13,268
|
--
|
--
|