Dixon Technologies (India) Limited

BSE:540699 Stock Report

Market Cap: ₹809.3b

Dixon Technologies (India) Valuation

Is 540699 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 540699 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹4.23k
Fair Value
218.9% overvalued intrinsic discount
27
Number of Analysts

Below Fair Value: 540699 (₹13482.6) is trading above our estimate of fair value (₹4228.42)

Significantly Below Fair Value: 540699 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 540699?

Key metric: As 540699 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 540699. This is calculated by dividing 540699's market cap by their current earnings.
What is 540699's PE Ratio?
PE Ratio102.5x
Earnings₹7.90b
Market Cap₹809.28b

Price to Earnings Ratio vs Peers

How does 540699's PE Ratio compare to its peers?

The above table shows the PE ratio for 540699 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average58.2x
AMBER Amber Enterprises India
101x30.7%₹224.3b
KALYANKJIL Kalyan Jewellers India
67.4x34.5%₹448.1b
CROMPTON Crompton Greaves Consumer Electricals
43.8x17.6%₹229.7b
BPL BPL
20.8xn/a₹3.6b
540699 Dixon Technologies (India)
102.5x26.1%₹809.3b

Price-To-Earnings vs Peers: 540699 is expensive based on its Price-To-Earnings Ratio (102.5x) compared to the peer average (58.2x).

Price to Earnings Ratio vs Industry

How does 540699's PE Ratio compare vs other companies in the IN Consumer Durables Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
526616 National Plastic Industries
3xn/aUS$5.88m
No more companies available in this PE range
540699 102.5xIndustry Avg. 41.3xNo. of Companies7PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 540699 is expensive based on its Price-To-Earnings Ratio (102.5x) compared to the Indian Consumer Durables industry average (41.2x).

Price to Earnings Ratio vs Fair Ratio

What is 540699's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

540699 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio102.5x
Fair PE Ratio54.6x

Price-To-Earnings vs Fair Ratio: 540699 is expensive based on its Price-To-Earnings Ratio (102.5x) compared to the estimated Fair Price-To-Earnings Ratio (54.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 540699 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹13,482.60
₹16,573.70
+22.9%
21.1%₹22,005.00₹8,696.00n/a27
Mar ’26₹13,950.40
₹16,565.93
+18.7%
21.8%₹22,005.00₹8,696.00n/a27
Feb ’26₹14,700.80
₹16,622.31
+13.1%
22.0%₹22,005.00₹8,696.00n/a26
Jan ’26₹18,009.15
₹14,650.74
-18.6%
21.8%₹18,800.00₹8,430.00n/a27
Dec ’25₹15,805.10
₹14,275.37
-9.7%
21.2%₹18,654.00₹8,430.00n/a27
Nov ’25₹14,123.30
₹14,008.10
-0.8%
23.7%₹18,654.00₹5,700.00n/a29
Oct ’25₹14,199.90
₹11,979.28
-15.6%
22.4%₹15,567.00₹5,700.00n/a29
Sep ’25₹13,186.55
₹11,551.39
-12.4%
22.6%₹15,000.00₹5,700.00n/a28
Aug ’25₹11,680.45
₹11,311.12
-3.2%
23.8%₹14,825.00₹5,700.00n/a26
Jul ’25₹12,442.10
₹8,939.16
-28.2%
23.1%₹13,600.00₹5,700.00n/a25
Jun ’25₹9,395.95
₹7,989.42
-15.0%
20.3%₹11,000.00₹4,073.00n/a26
May ’25₹8,340.50
₹6,814.27
-18.3%
19.1%₹9,300.00₹4,073.00n/a26
Apr ’25₹7,592.70
₹6,412.04
-15.5%
16.0%₹7,900.00₹4,073.00n/a25
Mar ’25₹7,007.65
₹6,318.75
-9.8%
15.3%₹7,700.00₹4,073.00₹13,950.4024
Feb ’25₹6,122.70
₹6,229.46
+1.7%
15.8%₹7,700.00₹4,073.00₹14,700.8024
Jan ’25₹6,446.80
₹5,719.65
-11.3%
19.3%₹7,700.00₹3,515.00₹18,009.1523
Dec ’24₹5,949.70
₹5,404.43
-9.2%
18.5%₹7,300.00₹3,515.00₹15,805.1023
Nov ’24₹5,180.25
₹5,356.61
+3.4%
17.4%₹6,649.00₹3,515.00₹14,123.3023
Oct ’24₹5,287.30
₹4,556.59
-13.8%
18.0%₹6,200.00₹3,314.00₹14,199.9022
Sep ’24₹5,059.10
₹4,294.80
-15.1%
14.8%₹5,379.00₹3,300.00₹13,186.5520
Aug ’24₹4,135.75
₹4,063.95
-1.7%
14.6%₹4,920.00₹2,727.00₹11,680.4519
Jul ’24₹4,389.90
₹3,672.79
-16.3%
13.8%₹4,500.00₹2,727.00₹12,442.1019
Jun ’24₹3,908.80
₹3,672.79
-6.0%
13.8%₹4,500.00₹2,727.00₹9,395.9519
May ’24₹2,914.30
₹3,478.21
+19.3%
17.9%₹4,840.00₹2,388.00₹8,340.5019
Apr ’24₹2,861.60
₹3,537.30
+23.6%
18.6%₹4,840.00₹2,388.00₹7,592.7020
Mar ’24₹2,929.05
₹3,607.30
+23.2%
18.9%₹4,840.00₹2,388.00₹7,007.6520
Analyst Price Target
Consensus Narrative from 27 Analysts
₹16.59k
Fair Value
18.7% undervalued intrinsic discount
27
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/18 08:32
End of Day Share Price 2025/03/18 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dixon Technologies (India) Limited is covered by 50 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Dhruv JainAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited