Why is Dixon Technologies (India) Ltd ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 21.49%
- Healthy long term growth as Net Sales has grown by an annual rate of 49.82% and Operating profit at 42.08%
- Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.25 times
2
With a growth in Net Profit of 123.51%, the company declared Very Positive results in Dec 24
- The company has declared positive results for the last 8 consecutive quarters
- PBT LESS OI(Q) At Rs 278.63 cr has Grown at 125.76 %
- ROCE(HY) Highest at 28.62 %
- NET SALES(9M) Higher at Rs 28,567.56 cr
3
Stock is technically in a Mildly Bearish range
- The stocks MACD and KST technical factors are also Bearish
4
With ROCE of 29.8, it has a Expensive valuation with a 29 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 82.43%, its profits have risen by 77.4% ; the PEG ratio of the company is 1.7
How much should you hold?
- Overall Portfolio exposure to Dixon Technolog. should be less than 10%
- Overall Portfolio exposure to Consumer Durables - Electronics should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Consumer Durables - Electronics)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dixon Technolog. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Dixon Technolog.
82.35%
1.85
44.61%
SENSEX
0.45%
0.03
14.48%
Quality key factors
Factor
Value
Sales Growth (5y)
49.82%
EBIT Growth (5y)
42.08%
EBIT to Interest (avg)
7.33
Debt to EBITDA (avg)
0.71
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
7.59
Tax Ratio
23.00%
Dividend Payout Ratio
8.13%
Pledged Shares
0
Institutional Holding
45.84%
ROCE (avg)
29.72%
ROE (avg)
21.49%
Valuation Key Factors 
Factor
Value
P/E Ratio
128
Industry P/E
84
Price to Book Value
35.88
EV to EBIT
80.43
EV to EBITDA
64.56
EV to Capital Employed
28.96
EV to Sales
2.42
PEG Ratio
1.67
Dividend Yield
0.04%
ROCE (Latest)
29.81%
ROE (Latest)
24.77%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
31What is working for the Company
PBT LESS OI(Q)
At Rs 278.63 cr has Grown at 125.76 %
ROCE(HY)
Highest at 28.62 %
NET SALES(9M)
Higher at Rs 28,567.56 cr
PAT(9M)
Higher at Rs 531.56 Cr
-4What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.55 times
Loading Valuation Snapshot...
Here's what is working for Dixon Technolog.
Net Sales - Quarterly
At Rs 10,453.68 cr has Grown at 116.96 %
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 278.63 cr has Grown at 125.76 %
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 171.19 cr has Grown at 77.5 %
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Here's what is not working for Dixon Technolog.
Debtors Turnover Ratio- Half Yearly
Lowest at 3.55 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio