DIXON.NS

Premium Grower

Dixon Technologies (India) Limited · Technology · India · $7.2B cap · $45.4M/day traded

INR 12,992.00 +0.7% · close 12 Nov · scored 13 Nov

Score up 1.2 since 12 Nov.

Premium Grower: Strong business with the market behind it, priced at a premium.

42
Score
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Around its 30 Oct results, analysts cut next year's EPS estimate 1.7%.

Quality
59
Value
22
Momentum
53

As of 13 Nov 2026, the MoatMap Score for Dixon Technologies (India) Limited (DIXON.NS) is 42/100, ranked against 25,000+ stocks in 38 markets (Quality 59, Value 22, Momentum 53, each scored against its sector).

Does the score work? Each tenth of the ranking, tracked monthly. See the record →

P/E (TTM)
44.1x
peers 26.5x
ROE
30.6%
peers 15.3%
D/E
0.2x
peers 0.2x
Dividend %
0.1%
trailing yield

ABOUT DIXON TECHNOLOGIES (INDIA) LIMITED

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Dixon Technologies (India) Limited, together with its subsidiaries, engages in the manufacture and sale of electronic goods in India and internationally.

FINANCIAL SUMMARY (INR)

Year2023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue121.7B176.1B385.9B485.4B58.6%586.0B747.4B1.1T49.2%
EPS (INR)43.0061.64182.83237.6276.8%286.90148.90241.670.8%
Shares59.6M59.8M60.2M60.8M+2.1%61.2M———
Debt4.5B4.9B6.7B9.9B29.9%12.4B———
Equity12.8B16.9B30.1B46.8B53.8%————
Op CF7.3B5.8B11.5B17.8B34.9%6.2B———
Inv CF-3.6B-5.3B-12.3B-12.5B—————
Fin CF-3.3B-699.7M-265.7M-1.1B—————
PRICE (1Y) · INR-0.8%
11,00011,52512,05012,57513,10030 Sep22 Oct12 Nov
SMA 50SMA 200

Price checkFinding a floorExperimental

No new 52-week low for 30 weeks, 35% above that low, but not back above a rising 50-day average.

The Momentum score still reads 53: it looks back six months, so it has not caught up with this fall.

SwingsBumpy

Calmer than 52% of stocks we rank over the past year (volatility 41% a year).

How this is worked out

The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.

  • Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
  • Finding a floor (this stock): It fell hard, but has set no new low for more than two weeks.
  • Turning up: It has climbed off its low and is back above a rising 50-day average.
  • In an uptrend: It is near its 52-week high and above its 200-day average.
  • No clear trend: None of the above: no recent deep fall and no steady climb.
  • No read yet: Not enough price history yet: it needs a year of trading.

In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.

The exact rules

Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
INR 12,992.00
RSI (14)
70.7
52-Week Range-17.6% from high
Low INR 9,592.62High INR 15,762.87

SCORE BREAKDOWN

Quality
59
ROIC
34.1%94.1
ROE
30.6%91.1
GP/Assets
18.8%46.2
Op. Margin
2.2%31.1
FCF/Assets
3.7%53.7
Piotroski
661.4
Int. Cover
16.6x55.2
D/E Ratio
0.18x51.9
Current Ratio
1.05x11.5
Value
22
P/E (TTM)
44.1x26.8
EV/EBITDA
36.3x20.6
P/FCF
95.8x13.9
P/B
10.9x7.3
P/S
1.3x68.2
Div Yield
0.1%8.6
Momentum
53
52W High %
82%83.8
RS 6M
20%83.4
SMA 50/200
1.06x71.1
EPS Rev 4W
-1.4%9.8
EPS Rev 12W
—N/A
EPS Improve
-4%15.5
Q Growth
-49%9.7

FUNDAMENTALS

Market Cap
$7.2B
P/E (Forward)
46.1x
Gross Margin
6.1%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of DIXON.NS are excluded.

TickerCompanyMkt CapScore
DIXON.NSDixon Technologies (India) Limited(you)$7.2B42
LGEINDIA.NSLG Electronics India Limited$11.5B67
WAAREEENER.NSWaaree Energies Limited$7.1B41
VOEPL.NSVirtuoso Optoelectronics Limited$183M14
PREMIERENE.NSPremier Energies Limited$4.1B43
PAYTM.NSOne97 Communications Limited$10.9B56
TATATECH.NSTata Technologies Limited$2.8B46
PERSISTENT.NSPersistent Systems Limited$9.5B60
PINELABS.NSPine Labs Limited$1.9B38
KPITTECH.NSKPIT Technologies Limited$1.5B41

Peer medians: ROE 15.3% · P/E 26.5x · Gross margin 35.4%

Company Deep Dive

A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.

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Dixon Technologies (India) Limited (DIXON.NS): Stock Score Summary

Dixon Technologies (India) Limited (DIXON.NS) has a MoatMap Score of 42/100 based on Quality (59/100), Value (22/100), and Momentum (53/100) factor scores.

Dixon Technologies (India) Limited, together with its subsidiaries, engages in the manufacture and sale of electronic goods in India and internationally.

Director dealings

From 13 Nov 2025 to 12 Nov 2026, MoatMap's records hold no purchases or sales of Dixon Technologies (India) Limited (DIXON.NS) shares by its directors.

DIXON.NS insider filings, last 180 days

Key Financial Metrics

PriceINR 12,992.00
Market Cap$7.2B
P/E (TTM)44.07
P/E (Forward)46.09
Price/Book10.94
Return on Equity30.6%
Return on Invested Capital34.1%
Debt/Equity0.18x
Gross Margin6.1%
Operating Margin2.2%
Revenue Growth46.7%
Dividend Yield0.1%
Free Cash Flow$75M

Dixon Technologies (India) Limited operates in the Consumer Electronics industry, part of the Technology sector (India).

Frequently Asked Questions

What is Dixon Technologies (India) Limited’s (DIXON.NS) MoatMap Score?
The MoatMap Score for Dixon Technologies (India) Limited (DIXON.NS) is 42/100. It is a composite of Quality (59), Value (22), and Momentum (53), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does Dixon Technologies (India) Limited have an economic moat?
Dixon Technologies (India) Limited (DIXON.NS) has a Quality factor score of 59/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is Dixon Technologies (India) Limited in?
Dixon Technologies (India) Limited (DIXON.NS) operates in the Technology sector, specifically the Consumer Electronics industry (India).