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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Dixon Technologies (India) Limited

DIXONNSEConsumer Durables
₹14,049
-289.00 (-2.02%)
Sell

Momentum (79/100) does the heavy lifting; financial trend (12/100) is the drag.

Fair value
The bottom line

Our blended model reads Dixon Technologies (India) Limited as a Sell at 42/100. We put fair value near ₹10,706.73; at ₹14,049 that leaves roughly 24% downside, so the stock screens overvalued by 24%. On 44.8x trailing earnings it sits roughly in line with the Consumer Durables median of about 44.8x. The price is about 23% below its 52-week high of ₹18,331 and 45% above the low of ₹9,673. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9. The average analyst target of ₹11,877.66 implies about 15% downside across 29 analysts. It clears 6 of 13 investability checks, with durability 49, valuation 48 and momentum 79 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹10,706.73down 23.79%
Overvalued by 24%
Price ₹14,049Range ₹7,024.5₹12,086
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹8,565.38.

Analyst views

29 analysts19 buy · 3 hold · 7 sell
12-month consensus target₹11,877.66down 15.46%

1-year price

EOD · 2026-07-31
1D
down 2.02%
1W
up 1.47%
1M
up 13.55%
3M
up 24.85%
6M
up 35.91%
1Y

52-week range

-23.36% from the 52-week high.

Trend check
Above 50-DMA₹12,652Above 200-DMA₹12,318

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell42
A
Financial health 100/100
Altman Z 5.98 · Safe zone

Piotroski F-score 6/9 — quality of earnings & balance sheet.

Our scores

Durability49
Valuation48
Momentum79

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 6 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 37.1%
  • Pass: Low debt (D/E < 0.5): 0.18x
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: 2%
  • Fail: Earnings growing: -36%
  • Fail: Net margin ≥ 10%: 2.9%
  • Fail: Current ratio > 1.5: 1.06
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 5.98
  • Fail: Piotroski ≥ 7: 6/9

Quarterly results

Revenue · 1Q2026
₹10,511 Cr
Net profit
₹256 Cr
Margin
2%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ -2%

Annual financials

Revenue · 2026
₹48,873 Cr
Net profit
₹1,439 Cr
Margin
3%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +26%

Shareholding

  • Promoter40.4%
  • Institutions38.4%
  • Public & other21.2%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹73,485 Cr
P/E ratio
44.8
P/B ratio
13.46
EPS (TTM)
₹269.66
ROE
37.1%
Debt / Equity
0.18x
Profit margin
2.9%
Free cash flow
₹912 Cr
52-week high
₹18,331
-23.36% from high
52-week low
₹9,673
Dividend yield
0.1%
Beta
-0.10
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (37.1%).
  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 5.98.

Bear case

Threats

  • Earnings contracting year on year.
  • Trades ~24% above our estimated fair value.

About Dixon Technologies (India) Limited

Dixon Technologies manufactures and sells electronic goods in India and internationally, including consumer electronics such as LED and smart TVs, interactive flat panels, monitors, commercial displays, and panel assemblies. The company also produces lighting solutions comprising LED and special lamps, battens, bulbs, and various lighting fixtures, along with PCB and LCM assemblies, LED bars, and injection moulding services.

Dixon Technologies (India) Limited — frequently asked questions

Is Dixon Technologies (India) Limited a buy, hold or sell?

StocksWizard currently rates Dixon Technologies (India) Limited (DIXON) a Sell, based on a blended score of 42/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Dixon Technologies (India) Limited's fair value?

Our blended DCF and relative-valuation model estimates Dixon Technologies (India) Limited's fair value at about ₹10,706.73, versus a current price of ₹14,049 — roughly 24% downside. On that basis the stock looks overvalued by 24%.

Is Dixon Technologies (India) Limited financially healthy?

Dixon Technologies (India) Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9.

How has Dixon Technologies (India) Limited's share price performed?

Dixon Technologies (India) Limited is up 25% over three months, and last traded at ₹14,049. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.