Dashboard/DIXON

DIXON

OVERVALUED

Dixon Technologies

Consumer Durables · NSE

181.2% vs fair value

52W Low

9,600

+4.2% from low

52W High

18,471

-45.8% from high

News sentiment (11 articles)
4 bull3 neutral4 bear

Valuation Gauge

OVERVALUED-181.2% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹10,005

Fair Value

₹3,557

Fair Value Analysis

₹3,557

Based on balance sheet strength analysis and earnings growth potential for Consumer Durables sector companies | ROCE improving (latest 41.2%) — capital allocation becoming more efficient.

Medium confidence

Balance Sheet Value

50% weight

₹1,879

Growth Valuation

50% weight

₹5,236

Price vs Market

DIXON
Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.5 / 10

Profitability

10/10

ROE of 44.6% is above the Consumer Durables sector benchmark of 18% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.3x is well within the Consumer Durables sector norm of 0.8x — strong balance sheet

Valuation vs Peers

8/10

P/E of 37.8x is slightly below the Consumer Durables sector median of 51x — reasonably valued

Cash Flow

2/10

FCF margin of 0.5% — very thin despite positive FCF (₹210 Cr)

Earnings Growth

10/10

5yr EPS CAGR of 79.3% is well above the Consumer Durables sector average of 16.9% — strong growth

Dividend

4/10

Dividend yield of 0.1% is symbolic — low but positive

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

0.1%

Free cash flow / market cap

Revenue Growth (YoY)

+2.1%

Year-on-year revenue change

Profit Growth (YoY)

+48.6%

Year-on-year PAT change

Operating Cash Flow

₹1.1K Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹261.8

P/E Ratio

37.8x

P/B Ratio

16.5x

ROE

44.6%

ROCE

41.1%

Debt / Equity

0.3x

Beta

-0.25

Div Yield

0.1%

FCF (Cr)

₹210 Cr

Revenue (Cr)

₹38,593 Cr

EPS Growth 5Y

79.3%

Mkt Cap (Cr)

₹60,228 Cr

52W High

₹18,471

52W Low

₹9,600

Book Value/Share

₹599.4

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹48.7K Cr₹1.9K Cr4.0%₹1.8K Cr₹261.80
2025-03-31₹38.9K Cr₹1.5K Cr4.0%₹1.2K Cr₹181.87
2024-03-31₹17.7K Cr₹705 Cr4.0%₹375 Cr₹61.47
2023-03-31₹12.2K Cr₹519 Cr4.0%₹255 Cr₹42.90
2022-03-31₹10.7K Cr₹384 Cr4.0%₹190 Cr₹32.05
2021-03-31₹6.4K Cr₹292 Cr5.0%₹160 Cr₹27.28
2020-03-31₹4.4K Cr₹228 Cr5.0%₹120 Cr₹20.81
2019-03-31₹3.0K Cr₹136 Cr5.0%₹63 Cr₹11.19
2018-03-31₹2.8K Cr₹113 Cr4.0%₹61 Cr₹10.76
2017-03-31₹2.5K Cr₹92 Cr4.0%₹48 Cr₹8.66
2016-03-31₹1.4K Cr₹49 Cr4.0%₹43 Cr₹27.46
2015-03-31₹1.2K Cr₹32 Cr3.0%₹13 Cr₹7.65
2014-03-31₹1.1K Cr₹26 Cr2.0%₹14 Cr₹8.72

Compounded Growth Rates

Sales Growth

3Y+58.6%
5Y+49.8%
10Y+42.7%

Profit Growth

3Y+92.2%
5Y+62.5%
10Y+45.4%

EPS Growth

3Y+82.7%
5Y+57.2%
10Y+25.3%

Peer Comparison

Consumer Durables
StockPriceFair ValueMoS%P/EROESignal

Senco Gold Limited

₹320.5₹913.6+64.9%9.822.8%FAIRLY_VALUED

PC Jeweller Limited

₹8.5₹17.2+50.5%11.79.1%FAIRLY_VALUED

Bata India

₹669₹1,308.2+48.9%47.415.0%FAIRLY_VALUED

P N Gadgil Jewellers Limited

₹578.5₹864.8+33.1%19.522.4%UNDERVALUED

Whirlpool of India Limited

₹820₹1,106.8+25.9%31.18.2%UNDERVALUED

Bajaj Electricals

₹353.5₹382.9+7.7%113.86.6%FAIRLY_VALUED

Cera Sanitaryware Limited

₹4,796₹4,154-15.5%28.417.7%FAIRLY_VALUED

Vaibhav Global Limited

₹191.6₹160.5-19.4%15.214.5%FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

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