Dixon Technologies (India) Limited

NSEI:DIXON Stock Report

Market Cap: ₹1.1t

Dixon Technologies (India) Balance Sheet Health

Financial Health criteria checks 6/6

Dixon Technologies (India) has a total shareholder equity of ₹25.8B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹161.2B and ₹135.5B respectively. Dixon Technologies (India)'s EBIT is ₹8.3B making its interest coverage ratio 7.8. It has cash and short-term investments of ₹2.4B.

Key information

14.1%

Debt to equity ratio

₹3.62b

Debt

Interest coverage ratio7.8x
Cash₹2.42b
Equity₹25.75b
Total liabilities₹135.45b
Total assets₹161.21b

Recent financial health updates

Dixon Technologies (India) (NSE:DIXON) Seems To Use Debt Quite Sensibly

May 22
Dixon Technologies (India) (NSE:DIXON) Seems To Use Debt Quite Sensibly

Recent updates

After Leaping 27% Dixon Technologies (India) Limited (NSE:DIXON) Shares Are Not Flying Under The Radar

Dec 17
After Leaping 27% Dixon Technologies (India) Limited (NSE:DIXON) Shares Are Not Flying Under The Radar

Results: Dixon Technologies (India) Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Oct 27
Results: Dixon Technologies (India) Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Dixon Technologies (India) Limited's (NSE:DIXON) P/S Is Still On The Mark Following 35% Share Price Bounce

Jun 14
Dixon Technologies (India) Limited's (NSE:DIXON) P/S Is Still On The Mark Following 35% Share Price Bounce

Dixon Technologies (India)'s (NSE:DIXON) Solid Earnings May Rest On Weak Foundations

May 26
Dixon Technologies (India)'s (NSE:DIXON) Solid Earnings May Rest On Weak Foundations

Dixon Technologies (India) (NSE:DIXON) Seems To Use Debt Quite Sensibly

May 22
Dixon Technologies (India) (NSE:DIXON) Seems To Use Debt Quite Sensibly

Shareholders Are Optimistic That Dixon Technologies (India) (NSE:DIXON) Will Multiply In Value

Apr 04
Shareholders Are Optimistic That Dixon Technologies (India) (NSE:DIXON) Will Multiply In Value

Dixon Technologies (India) Limited Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next

Feb 03
Dixon Technologies (India) Limited Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next

Dixon Technologies (India) Limited's (NSE:DIXON) Share Price Matching Investor Opinion

Jan 27
Dixon Technologies (India) Limited's (NSE:DIXON) Share Price Matching Investor Opinion

We Ran A Stock Scan For Earnings Growth And Dixon Technologies (India) (NSE:DIXON) Passed With Ease

Jan 09
We Ran A Stock Scan For Earnings Growth And Dixon Technologies (India) (NSE:DIXON) Passed With Ease

Financial Position Analysis

Short Term Liabilities: DIXON's short term assets (₹129.4B) exceed its short term liabilities (₹125.2B).

Long Term Liabilities: DIXON's short term assets (₹129.4B) exceed its long term liabilities (₹10.2B).

Debt to Equity History and Analysis

Debt Level: DIXON's net debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: DIXON's debt to equity ratio has reduced from 28.7% to 14.1% over the past 5 years.

Debt Coverage: DIXON's debt is well covered by operating cash flow (230.5%).

Interest Coverage: DIXON's interest payments on its debt are well covered by EBIT (7.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 18:39
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
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 here.

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 .

Analyst Sources

Dixon Technologies (India) Limited is covered by 49 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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