Dixon Technologies (India) Limited

NSEI:DIXON Stock Report

Market Cap: ₹888.1b

Dixon Technologies (India) Balance Sheet Health

Financial Health criteria checks 6/6

Dixon Technologies (India) has a total shareholder equity of ₹34.7B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ₹167.7B and ₹133.0B respectively. Dixon Technologies (India)'s EBIT is ₹12.3B making its interest coverage ratio 7.9. It has cash and short-term investments of ₹2.6B.

Key information

5.83%

Debt to equity ratio

₹2.02b

Debt

Interest coverage ratio7.9x
Cash₹2.64b
Equity₹34.69b
Total liabilities₹132.98b
Total assets₹167.67b

Recent financial health updates

Recent updates

Statutory Earnings May Not Be The Best Way To Understand Dixon Technologies (India)'s (NSE:DIXON) True Position

May 28
Statutory Earnings May Not Be The Best Way To Understand Dixon Technologies (India)'s (NSE:DIXON) True Position

Dixon Technologies (India) Limited Just Recorded A 42% EPS Beat: Here's What Analysts Are Forecasting Next

May 23
Dixon Technologies (India) Limited Just Recorded A 42% EPS Beat: Here's What Analysts Are Forecasting Next

Here's Why Dixon Technologies (India) (NSE:DIXON) Has Caught The Eye Of Investors

May 19
Here's Why Dixon Technologies (India) (NSE:DIXON) Has Caught The Eye Of Investors

Take Care Before Diving Into The Deep End On Dixon Technologies (India) Limited (NSE:DIXON)

Mar 27
Take Care Before Diving Into The Deep End On Dixon Technologies (India) Limited (NSE:DIXON)

Here's Why We Think Dixon Technologies (India) (NSE:DIXON) Is Well Worth Watching

Feb 13
Here's Why We Think Dixon Technologies (India) (NSE:DIXON) Is Well Worth Watching

Dixon Technologies (India) Limited Just Recorded A 5.6% Revenue Beat: Here's What Analysts Think

Jan 23
Dixon Technologies (India) Limited Just Recorded A 5.6% Revenue Beat: Here's What Analysts Think

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

Jan 08
Dixon Technologies (India) (NSE:DIXON) Seems To Use Debt Quite Sensibly

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
author-image

Innovative Partnerships And Expanding Prowess Propel IT Hardware And Mobile Growth

Expansion in manufacturing capacity and partnerships in mobile and IT hardware aim to boost revenue and diversify income streams.

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

Financial Position Analysis

Short Term Liabilities: DIXON's short term assets (₹130.9B) exceed its short term liabilities (₹126.0B).

Long Term Liabilities: DIXON's short term assets (₹130.9B) exceed its long term liabilities (₹7.0B).


Debt to Equity History and Analysis

Debt Level: DIXON has more cash than its total debt.

Reducing Debt: DIXON's debt to equity ratio has reduced from 16% to 5.8% over the past 5 years.

Debt Coverage: DIXON's debt is well covered by operating cash flow (568.4%).

Interest Coverage: DIXON's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/01 09:36
End of Day Share Price 2025/05/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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 44 analysts. 27 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
Manish ValechaAnand Rathi Shares and Stock Brokers Limited