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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Dixon Technologies (India) Limited is an India-based electronics manufacturing services (EMS) provider. The Company is engaged in manufacturing various verticals, including consumer durables, lighting solutions, home appliances, and mobile phones. It operates through a single…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, trading cheap versus its own history.
Dixon Techno is scored on the consumer / fmcg framework. It keeps a thin 3.3% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.08×). Free cash flow is worth about 0.7% of its market value.
Over the last 3 years revenue compounded at 60%/yr and profit at 86%/yr. Book value itself has compounded 61%/yr — the hallmark of a genuine compounder. Return on equity is an elite 26.4%. In the latest quarter profit fell 43% versus the prior quarter.
At 46× earnings, the stock sits at the 10th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price already implies ~20%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 44.17 | 38.72 | worse |
| P/B | 13.13 | 2.37 | worse |
| EV/EBITDA | 28.64 | 59.99 | better |
| ROE | 26.38 | 9.33 | better |
| ROCE | 31.88 | 9.9 | better |
| ROA | 5.99 | — | — |
| Quick Ratio | 0.76 | 0.85 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| LG Electronics India | 61.9 | 13.5 | 21.9% |
| Havells India | 42.4 | 7.2 | 17.0% |
| Voltas | 82.0 | 5.7 | 5.9% |
Revenue has grown every year across all 4 financial years shown. 60% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (86% vs 60%) — margin expansion is at work. The latest year saw a +33% swing — check if it's a one-off or structural.
Operating margins have been stable around 4% — no major structural shift.
ROE at 31% — the business earns well above its cost of equity. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Capital efficiency improving — ROE up 11pp across the window.
EPS has grown every year — each share earns more than the last, consistently. 85% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 36% sequentially — momentum is building. Wide quarterly swings (52% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 77% above earlier ones.
Profit fell 43% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold just 28.5% — widely held; sentiment-driven. MF stake down 2.1pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.