Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Dixon Technologies (India) Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,065 | 3,272 | 4,943 | 4,818 | 4,658 | 6,580 | 11,534 | 10,454 | 10,293 | 12,836 | 14,855 | 10,672 | 10,511 |
| Expenses + | 2,909 | 3,140 | 4,744 | 4,634 | 4,476 | 6,332 | 11,108 | 10,063 | 9,850 | 12,353 | 14,294 | 10,257 | 10,102 |
| Operating Profit | 156 | 132 | 199 | 184 | 182 | 248 | 426 | 391 | 443 | 482 | 561 | 414 | 408 |
| OPM % | 5% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% |
| Other Income + | 3 | 6 | 3 | 4 | 19 | 16 | 206 | 10 | 265 | 8 | 497 | 139 | 90 |
| Interest | 15 | 14 | 17 | 22 | 21 | 29 | 38 | 41 | 46 | 33 | 38 | 43 | 24 |
| Depreciation | 32 | 34 | 36 | 41 | 51 | 55 | 66 | 75 | 86 | 93 | 96 | 99 | 105 |
| Profit before tax | 112 | 90 | 149 | 126 | 130 | 180 | 529 | 285 | 576 | 366 | 924 | 412 | 370 |
| Tax % | 28% | 25% | 24% | 23% | 25% | 22% | 22% | 24% | 19% | 23% | 19% | 22% | 19% |
| Net Profit + | 81 | 67 | 113 | 97 | 97 | 140 | 412 | 216 | 465 | 280 | 746 | 321 | 298 |
| EPS in Rs | 13.54 | 11.55 | 18.02 | 16.12 | 15.91 | 22.34 | 65.15 | 28.50 | 66.54 | 37.20 | 110.72 | 47.34 | 42.17 |
Financials of Dixon Technologies (India) Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,201 | 1,389 | 2,457 | 2,842 | 2,984 | 4,400 | 6,448 | 10,697 | 12,192 | 17,691 | 38,860 | 48,873 |
| Expenses + | 1,169 | 1,340 | 2,365 | 2,729 | 2,848 | 4,172 | 6,156 | 10,313 | 11,673 | 16,986 | 37,345 | 47,006 |
| Operating Profit | 32 | 49 | 92 | 113 | 136 | 228 | 292 | 384 | 519 | 705 | 1,515 | 1,867 |
| OPM % | 3% | 4% | 4% | 4% | 5% | 5% | 5% | 4% | 4% | 4% | 4% | 4% |
| Other Income + | 2 | 23 | 1 | 4 | 6 | 5 | 1 | 4 | 4 | 32 | 497 | 734 |
| Interest | 10 | 13 | 16 | 13 | 26 | 39 | 33 | 49 | 64 | 81 | 162 | 137 |
| Depreciation | 7 | 8 | 11 | 15 | 22 | 37 | 44 | 84 | 115 | 162 | 281 | 393 |
| Profit before tax | 17 | 51 | 66 | 88 | 94 | 157 | 217 | 255 | 345 | 494 | 1,570 | 2,071 |
| Tax % | 24% | 16% | 28% | 31% | 32% | 23% | 26% | 25% | 26% | 24% | 21% | 21% |
| Net Profit + | 13 | 43 | 48 | 61 | 63 | 120 | 160 | 190 | 255 | 375 | 1,233 | 1,644 |
| EPS in Rs | 7.65 | 27.46 | 8.66 | 10.76 | 11.19 | 20.81 | 27.28 | 32.05 | 42.90 | 61.47 | 181.87 | 236.61 |
| Dividend Payout % | 3% | 9% | 14% | 4% | 4% | 4% | 4% | 6% | 7% | 8% | 4% | 4% |
Financials of Dixon Technologies (India) Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 82 | 120 | 186 | 304 | 367 | 530 | 726 | 985 | 1,273 | 1,683 | 2,998 | 4,665 |
| Borrowings + | 82 | 80 | 43 | 45 | 141 | 87 | 295 | 667 | 453 | 489 | 671 | 994 |
| Other Liabilities + | 157 | 215 | 549 | 606 | 971 | 1,069 | 1,814 | 2,613 | 2,941 | 4,806 | 13,077 | 13,491 |
| Total Liabilities | 324 | 417 | 789 | 966 | 1,491 | 1,697 | 2,846 | 4,277 | 4,679 | 6,990 | 16,758 | 19,162 |
| Fixed Assets + | 97 | 124 | 137 | 179 | 241 | 414 | 550 | 1,003 | 1,244 | 1,996 | 2,774 | 4,172 |
| CWIP | 0 | 0 | 2 | 16 | 19 | 10 | 72 | 22 | 120 | 68 | 257 | 571 |
| Investments | 6 | 0 | 0 | 11 | 8 | 0 | 95 | 141 | 44 | 20 | 536 | 1,007 |
| Other Assets + | 221 | 294 | 650 | 759 | 1,224 | 1,273 | 2,128 | 3,111 | 3,272 | 4,905 | 13,191 | 13,412 |
| Total Assets | 324 | 417 | 789 | 966 | 1,491 | 1,697 | 2,846 | 4,277 | 4,679 | 6,990 | 16,758 | 19,162 |
Financials of Dixon Technologies (India) Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 44 | 42 | 53 | 68 | -3 | 237 | 170 | 273 | 726 | 584 | 1,150 | 1,782 |
| Cash from Investing Activity + | -22 | -22 | -43 | -100 | -64 | -99 | -265 | -464 | -356 | -531 | -1,093 | -1,251 |
| Cash from Financing Activity + | -22 | -20 | -8 | 42 | 69 | -57 | 63 | 304 | -330 | -70 | -27 | -108 |
| Net Cash Flow | -0 | 1 | 1 | 10 | 2 | 81 | -32 | 113 | 41 | -17 | 30 | 424 |
| Free Cash Flow | 23 | 16 | 15 | -5 | -82 | 129 | 2 | -145 | 276 | 16 | 254 | 724 |
| CFO/OP | 152% | 103% | 74% | 78% | 11% | 123% | 77% | 85% | 156% | 100% | 94% | 118% |
Financials of Dixon Technologies (India) Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 23 | 42 | 38 | 63 | 43 | 62 | 46 | 51 | 48 | 65 | 49 |
| Inventory Days | 38 | 41 | 47 | 47 | 57 | 47 | 47 | 43 | 32 | 39 | 41 | 31 |
| Days Payable | 46 | 56 | 84 | 75 | 103 | 89 | 108 | 86 | 81 | 92 | 111 | 86 |
| Cash Conversion Cycle | 9 | 8 | 5 | 10 | 17 | 1 | 1 | 3 | 2 | -6 | -5 | -7 |
| Working Capital Days | 16 | 8 | 7 | 8 | 12 | 9 | 9 | 3 | -2 | -2 | 2 | -1 |
| ROCE % | 16% | 29% | 37% | 34% | 27% | 34% | 30% | 23% | 24% | 29% | 40% | 42% |