Dixon Technologies (India) Ltd

NSE: DIXON BSE: 540699

₹12250

-20 (0.16%)

Sat, 07 Nov 2026, 03:36 am

MTF 5xInvest in Dixon Technologies (India) Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)74933.97

PE Ratio48.18

Dividend0.08

Electronic Technology

Electronic Production Equipment

24.5K

Dixon Technologies (India) Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-105.84M	-124.61M	-112.27M	-98.45M	-131.07M	-155.43M	-134.52M	-263.15M	-394.40M	-327.19M	-494.00M	-640.70M	-809.60M	-1.62B
Pretax equity in earnings	0	0	0	—	—	0	0	0	0	0	—	—	—	—
Equity in earnings	-550.00K	19.19M	-2.29M	-2.79M	0	0	0	0	0	0	-600.00K	16.20M	102.40M	173.80M
Total assets	2.77B	2.79B	2.92B	3.26B	4.21B	8.02B	9.66B	14.92B	16.97B	28.46B	42.81B	46.85B	70.49B	168.80B
Total current assets	1.61B	1.71B	1.84B	2.05B	2.71B	6.38B	7.54B	10.69B	12.46B	21.91B	31.47B	31.39B	48.36B	130.94B
Cash and short term investments	56.78M	57.88M	46.25M	68.92M	74.61M	153.34M	552.41M	443.27M	1.00B	1.64B	3.17B	2.59B	2.09B	2.64B
Cash & equivalents	56.78M	57.88M	46.25M	68.92M	74.61M	153.34M	441.25M	367.21M	956.60M	638.46M	1.76B	2.17B	2.00B	2.31B
Short term investments	0	0	0	0	0	0	111.17M	76.06M	45.00M	1.00B	1.41B	421.30M	81.50M	326.50M
Total receivables, net	602.86M	456.86M	508.17M	571.16M	881.40M	2.94B	3.11B	5.36B	5.29B	11.03B	15.15B	18.06B	26.41B	84.28B
Accounts receivable - trade, net	566.06M	418.89M	463.85M	543.88M	876.13M	2.80B	2.99B	5.17B	5.15B	10.89B	13.56B	17.15B	23.18B	69.65B
Other receivables	36.80M	37.97M	44.32M	27.28M	5.27M	139.65M	124.16M	188.34M	140.40M	139.59M	1.58B	908.00M	3.23B	14.62B
Total inventory	737.15M	885.91M	933.28M	1.17B	1.42B	2.89B	3.33B	4.18B	5.08B	7.89B	11.84B	10.18B	17.80B	40.34B
Other current assets, total	148.29M	235.46M	311.53M	186.15M	244.80M	229.74M	535.97M	688.60M	1.05B	1.30B	1.24B	475.40M	1.91B	3.47B
Total non-current assets	1.16B	1.09B	1.08B	1.21B	1.50B	1.65B	2.11B	4.23B	4.51B	6.55B	11.34B	15.46B	22.13B	37.86B
Long term investments	53.31M	73.32M	80.00M	78.79M	23.72M	0	22.34M	1.48B	0	0	103.10M	154.40M	214.60M	5.38B
Note receivable - long term	9.50M	7.83M	16.80M	18.45M	22.72M	8.79M	22.34M	1.48B	0	—	—	—	—	—
Investments in unconsolidated subsidiaries	43.73M	65.41M	63.12M	60.34M	1.00M	0	0	—	0	0	0	126.10M	185.00M	339.50M
Other investments	80.00K	80.00K	80.00K	0	0	0	0	0	0	0	103.10M	28.30M	29.60M	5.04B
Net property/plant/equipment	843.19M	864.71M	857.18M	1.01B	1.18B	1.47B	2.01B	2.63B	4.29B	6.10B	10.39B	14.38B	20.26B	29.80B
Gross property/plant/equipment	1.12B	1.44B	1.19B	1.35B	1.60B	1.57B	2.27B	3.09B	5.10B	7.24B	12.16B	16.94B	23.96B	36.19B
Deferred tax assets	36.84M	26.45M	10.89M	15.87M	38.29M	138.45M	135.77M	15.97M	2.53M	0	39.10M	60.40M	597.40M	1.22B
Net intangible assets	4.71M	6.22M	2.10M	1.15M	112.39M	1.34M	36.03M	47.20M	125.38M	121.63M	494.40M	527.50M	650.30M	963.50M
Goodwill, net	3.57M	3.57M	0	0	111.19M	0	0	0	81.67M	81.67M	303.10M	303.10M	303.10M	570.20M
Other intangibles, net	1.14M	2.65M	2.10M	1.15M	1.20M	1.34M	36.03M	47.20M	43.71M	39.97M	191.30M	224.40M	347.20M	393.30M
Other long term assets, total	217.52M	110.78M	132.00M	109.97M	139.91M	40.87M	44.70M	54.00M	91.20M	319.67M	312.20M	335.40M	407.20M	492.10M
Short term debt	684.70M	488.14M	537.82M	415.25M	274.56M	368.40M	366.27M	1.35B	800.48M	850.03M	1.72B	550.30M	643.90M	1.72B
Current portion of LT debt and capital leases	64.34M	64.62M	67.26M	24.03M	25.42M	37.76M	39.84M	51.54M	82.45M	136.62M	115.90M	497.30M	603.90M	1.72B
Short term debt excl. current portion of LT debt	620.36M	423.52M	470.56M	391.22M	249.14M	330.63M	326.43M	1.30B	718.03M	713.41M	1.61B	53.00M	40.00M	0
Accounts payable	859.88M	1.08B	991.71M	1.36B	1.86B	5.03B	5.15B	7.40B	9.39B	17.10B	23.14B	24.52B	40.60B	108.84B
Income tax payable	740.00K	810.00K	36.69M	42.23M	86.47M	160.87M	37.91M	59.74M	—	804.00K	85.30M	126.60M	106.90M	13.60M
Long term debt	509.59M	455.25M	398.00M	407.50M	521.38M	98.90M	80.01M	61.45M	993.78M	2.10B	4.95B	3.98B	4.25B	4.99B
Long term debt excl. lease liabilities	509.59M	455.25M	398.00M	407.50M	521.38M	98.08M	79.19M	60.63M	993.78M	2.10B	4.95B	3.98B	4.25B	4.99B
Total equity	569.32M	626.63M	757.78M	878.32M	1.23B	1.97B	3.15B	3.78B	5.41B	7.37B	9.97B	12.85B	17.22B	34.69B
Shareholders' equity	562.88M	615.47M	736.91M	848.47M	1.23B	1.97B	3.15B	3.78B	5.41B	7.37B	9.97B	12.85B	16.95B	30.10B
Common equity, total	562.88M	615.47M	736.91M	848.47M	1.23B	1.97B	3.15B	3.78B	5.41B	7.37B	9.97B	12.85B	16.95B	30.10B
Other common equity	81.65M	88.04M	103.80M	101.32M	102.02M	69.23M	68.10M	93.86M	146.13M	239.39M	348.00M	457.40M	589.10M	1.72B
Total debt	1.19B	943.39M	935.82M	822.75M	795.94M	467.30M	446.28M	1.41B	1.79B	2.95B	6.67B	4.53B	4.89B	6.71B
Net debt	1.14B	885.51M	889.57M	753.83M	721.33M	313.96M	-106.13M	969.15M	792.67M	1.30B	3.50B	1.94B	2.80B	4.07B
Change in accounts receivable	-96.63M	144.99M	-55.14M	-84.71M	-335.95M	-1.91B	-216.98M	-2.21B	792.11M	-5.74B	-2.66B	-3.59B	-6.03B	-30.49B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	299.41M	219.26M	-29.03M	321.07M	536.42M	3.19B	123.00M	2.25B	1.05B	7.71B	6.10B	1.39B	16.22B	54.08B
Change in other assets/liabilities	-54.73M	19.01M	-64.85M	106.16M	-74.93M	-57.61M	223.73M	-462.77M	-749.00M	-254.64M	116.40M	2.99B	-2.90B	-6.41B
Sale of fixed assets & businesses	9.25M	4.78M	88.91M	7.66M	7.25M	12.32M	34.25M	16.46M	16.27M	2.18M	32.50M	109.80M	366.80M	437.60M
Purchase/sale of investments, net	-3.35M	-2.49M	0	-18.40M	176.36M	1.00M	-298.38M	38.51M	-117.89M	-952.53M	-497.90M	929.40M	385.50M	-224.40M
Sale/maturity of investments	0	0	0	4.65M	176.36M	1.00M	1.17M	114.56M	152.11M	0	5.80M	1.36B	385.50M	2.49B
Purchase of investments	-3.35M	-2.49M	0	-23.05M	0	0	-299.55M	-76.06M	-270.00M	-952.53M	-503.70M	-428.50M	0	-2.71B
Other investing cash flow items, total	0	10.00K	0	10.00K	2.67M	0	0	0	334.00K	-21.13M	20.60M	4.40M	-20.00M	20.00M
Issuance/retirement of debt, net	115.78M	-250.88M	-7.57M	-113.08M	-26.81M	61.69M	-25.47M	964.02M	-570.05M	688.48M	3.03B	-2.78B	-275.90M	582.80M
Issuance/retirement of long term debt	-34.81M	-54.05M	-54.61M	-33.74M	115.27M	-20.55M	-18.89M	-8.98M	11.35M	698.93M	2.17B	-1.63B	-262.90M	525.10M
Issuance/retirement of short term debt	150.59M	-196.83M	47.04M	-79.34M	-142.08M	82.24M	-6.58M	973.01M	-581.40M	-10.45M	852.60M	-1.15B	-13.00M	57.70M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-3.62M	-380.00K	-7.24M	-10.98M	-42.26M	-83.75M	0	-27.31M	-83.08M	0	-58.60M	-118.70M	-178.60M	-329.10M
Other financing cash flow items, total	0	0	0	0	0	31.58M	0	0	0	0	0	0	0	0

Particulars	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-105.84M	-124.61M	-112.27M	-98.45M	-131.07M	-155.43M	-134.52M	-263.15M	-394.40M	-327.19M	-494.00M	-640.70M	-809.60M	-1.62B
Pretax equity in earnings	0	0	0	—	—	0	0	0	0	0	—	—	—	—
Equity in earnings	-550.00K	19.19M	-2.29M	-2.79M	0	0	0	0	0	0	-600.00K	16.20M	102.40M	173.80M
Total assets	2.77B	2.79B	2.92B	3.26B	4.21B	8.02B	9.66B	14.92B	16.97B	28.46B	42.81B	46.85B	70.49B	168.80B
Total current assets	1.61B	1.71B	1.84B	2.05B	2.71B	6.38B	7.54B	10.69B	12.46B	21.91B	31.47B	31.39B	48.36B	130.94B
Cash and short term investments	56.78M	57.88M	46.25M	68.92M	74.61M	153.34M	552.41M	443.27M	1.00B	1.64B	3.17B	2.59B	2.09B	2.64B
Cash & equivalents	56.78M	57.88M	46.25M	68.92M	74.61M	153.34M	441.25M	367.21M	956.60M	638.46M	1.76B	2.17B	2.00B	2.31B
Short term investments	0	0	0	0	0	0	111.17M	76.06M	45.00M	1.00B	1.41B	421.30M	81.50M	326.50M
Total receivables, net	602.86M	456.86M	508.17M	571.16M	881.40M	2.94B	3.11B	5.36B	5.29B	11.03B	15.15B	18.06B	26.41B	84.28B
Accounts receivable - trade, net	566.06M	418.89M	463.85M	543.88M	876.13M	2.80B	2.99B	5.17B	5.15B	10.89B	13.56B	17.15B	23.18B	69.65B
Other receivables	36.80M	37.97M	44.32M	27.28M	5.27M	139.65M	124.16M	188.34M	140.40M	139.59M	1.58B	908.00M	3.23B	14.62B
Total inventory	737.15M	885.91M	933.28M	1.17B	1.42B	2.89B	3.33B	4.18B	5.08B	7.89B	11.84B	10.18B	17.80B	40.34B
Other current assets, total	148.29M	235.46M	311.53M	186.15M	244.80M	229.74M	535.97M	688.60M	1.05B	1.30B	1.24B	475.40M	1.91B	3.47B
Total non-current assets	1.16B	1.09B	1.08B	1.21B	1.50B	1.65B	2.11B	4.23B	4.51B	6.55B	11.34B	15.46B	22.13B	37.86B
Long term investments	53.31M	73.32M	80.00M	78.79M	23.72M	0	22.34M	1.48B	0	0	103.10M	154.40M	214.60M	5.38B
Note receivable - long term	9.50M	7.83M	16.80M	18.45M	22.72M	8.79M	22.34M	1.48B	0	—	—	—	—	—
Investments in unconsolidated subsidiaries	43.73M	65.41M	63.12M	60.34M	1.00M	0	0	—	0	0	0	126.10M	185.00M	339.50M
Other investments	80.00K	80.00K	80.00K	0	0	0	0	0	0	0	103.10M	28.30M	29.60M	5.04B
Net property/plant/equipment	843.19M	864.71M	857.18M	1.01B	1.18B	1.47B	2.01B	2.63B	4.29B	6.10B	10.39B	14.38B	20.26B	29.80B
Gross property/plant/equipment	1.12B	1.44B	1.19B	1.35B	1.60B	1.57B	2.27B	3.09B	5.10B	7.24B	12.16B	16.94B	23.96B	36.19B
Deferred tax assets	36.84M	26.45M	10.89M	15.87M	38.29M	138.45M	135.77M	15.97M	2.53M	0	39.10M	60.40M	597.40M	1.22B
Net intangible assets	4.71M	6.22M	2.10M	1.15M	112.39M	1.34M	36.03M	47.20M	125.38M	121.63M	494.40M	527.50M	650.30M	963.50M
Goodwill, net	3.57M	3.57M	0	0	111.19M	0	0	0	81.67M	81.67M	303.10M	303.10M	303.10M	570.20M
Other intangibles, net	1.14M	2.65M	2.10M	1.15M	1.20M	1.34M	36.03M	47.20M	43.71M	39.97M	191.30M	224.40M	347.20M	393.30M
Other long term assets, total	217.52M	110.78M	132.00M	109.97M	139.91M	40.87M	44.70M	54.00M	91.20M	319.67M	312.20M	335.40M	407.20M	492.10M
Short term debt	684.70M	488.14M	537.82M	415.25M	274.56M	368.40M	366.27M	1.35B	800.48M	850.03M	1.72B	550.30M	643.90M	1.72B
Current portion of LT debt and capital leases	64.34M	64.62M	67.26M	24.03M	25.42M	37.76M	39.84M	51.54M	82.45M	136.62M	115.90M	497.30M	603.90M	1.72B
Short term debt excl. current portion of LT debt	620.36M	423.52M	470.56M	391.22M	249.14M	330.63M	326.43M	1.30B	718.03M	713.41M	1.61B	53.00M	40.00M	0
Accounts payable	859.88M	1.08B	991.71M	1.36B	1.86B	5.03B	5.15B	7.40B	9.39B	17.10B	23.14B	24.52B	40.60B	108.84B
Income tax payable	740.00K	810.00K	36.69M	42.23M	86.47M	160.87M	37.91M	59.74M	—	804.00K	85.30M	126.60M	106.90M	13.60M
Long term debt	509.59M	455.25M	398.00M	407.50M	521.38M	98.90M	80.01M	61.45M	993.78M	2.10B	4.95B	3.98B	4.25B	4.99B
Long term debt excl. lease liabilities	509.59M	455.25M	398.00M	407.50M	521.38M	98.08M	79.19M	60.63M	993.78M	2.10B	4.95B	3.98B	4.25B	4.99B
Total equity	569.32M	626.63M	757.78M	878.32M	1.23B	1.97B	3.15B	3.78B	5.41B	7.37B	9.97B	12.85B	17.22B	34.69B
Shareholders' equity	562.88M	615.47M	736.91M	848.47M	1.23B	1.97B	3.15B	3.78B	5.41B	7.37B	9.97B	12.85B	16.95B	30.10B
Common equity, total	562.88M	615.47M	736.91M	848.47M	1.23B	1.97B	3.15B	3.78B	5.41B	7.37B	9.97B	12.85B	16.95B	30.10B
Other common equity	81.65M	88.04M	103.80M	101.32M	102.02M	69.23M	68.10M	93.86M	146.13M	239.39M	348.00M	457.40M	589.10M	1.72B
Total debt	1.19B	943.39M	935.82M	822.75M	795.94M	467.30M	446.28M	1.41B	1.79B	2.95B	6.67B	4.53B	4.89B	6.71B
Net debt	1.14B	885.51M	889.57M	753.83M	721.33M	313.96M	-106.13M	969.15M	792.67M	1.30B	3.50B	1.94B	2.80B	4.07B
Change in accounts receivable	-96.63M	144.99M	-55.14M	-84.71M	-335.95M	-1.91B	-216.98M	-2.21B	792.11M	-5.74B	-2.66B	-3.59B	-6.03B	-30.49B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	299.41M	219.26M	-29.03M	321.07M	536.42M	3.19B	123.00M	2.25B	1.05B	7.71B	6.10B	1.39B	16.22B	54.08B
Change in other assets/liabilities	-54.73M	19.01M	-64.85M	106.16M	-74.93M	-57.61M	223.73M	-462.77M	-749.00M	-254.64M	116.40M	2.99B	-2.90B	-6.41B
Sale of fixed assets & businesses	9.25M	4.78M	88.91M	7.66M	7.25M	12.32M	34.25M	16.46M	16.27M	2.18M	32.50M	109.80M	366.80M	437.60M
Purchase/sale of investments, net	-3.35M	-2.49M	0	-18.40M	176.36M	1.00M	-298.38M	38.51M	-117.89M	-952.53M	-497.90M	929.40M	385.50M	-224.40M
Sale/maturity of investments	0	0	0	4.65M	176.36M	1.00M	1.17M	114.56M	152.11M	0	5.80M	1.36B	385.50M	2.49B
Purchase of investments	-3.35M	-2.49M	0	-23.05M	0	0	-299.55M	-76.06M	-270.00M	-952.53M	-503.70M	-428.50M	0	-2.71B
Other investing cash flow items, total	0	10.00K	0	10.00K	2.67M	0	0	0	334.00K	-21.13M	20.60M	4.40M	-20.00M	20.00M
Issuance/retirement of debt, net	115.78M	-250.88M	-7.57M	-113.08M	-26.81M	61.69M	-25.47M	964.02M	-570.05M	688.48M	3.03B	-2.78B	-275.90M	582.80M
Issuance/retirement of long term debt	-34.81M	-54.05M	-54.61M	-33.74M	115.27M	-20.55M	-18.89M	-8.98M	11.35M	698.93M	2.17B	-1.63B	-262.90M	525.10M
Issuance/retirement of short term debt	150.59M	-196.83M	47.04M	-79.34M	-142.08M	82.24M	-6.58M	973.01M	-581.40M	-10.45M	852.60M	-1.15B	-13.00M	57.70M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-3.62M	-380.00K	-7.24M	-10.98M	-42.26M	-83.75M	0	-27.31M	-83.08M	0	-58.60M	-118.70M	-178.60M	-329.10M
Other financing cash flow items, total	0	0	0	0	0	31.58M	0	0	0	0	0	0	0	0