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

Dixon Technologies (India) Limited (NSE:DIXON) just released its latest third-quarter report and things are not looking great. Results showed a clear earnings miss, with ₹48b revenue coming in 4.3% lower than what the analystsexpected. Statutory earnings per share (EPS) of ₹16.21 missed the mark badly, arriving some 21% below what was expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Check out our latest analysis for Dixon Technologies (India)

Following the latest results, Dixon Technologies (India)'s 24 analysts are now forecasting revenues of ₹258.8b in 2025. This would be a major 61% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to jump 68% to ₹99.11. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹255.3b and earnings per share (EPS) of ₹98.29 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of ₹6,210, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Dixon Technologies (India), with the most bullish analyst valuing it at ₹7,700 and the most bearish at ₹4,073 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Dixon Technologies (India)'s growth to accelerate, with the forecast 46% annualised growth to the end of 2025 ranking favourably alongside historical growth of 33% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 16% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Dixon Technologies (India) to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Dixon Technologies (India) going out to 2026, and you can see them free on our platform here..

It might also be worth considering whether Dixon Technologies (India)'s debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.