Dixon Technologies: FY26 Revenue Grows 26% to ₹48,893 Crore Amid Challenging Environment

Dixon Technologies (India) Limited has announced its financial results for the fiscal year ended March 31, 2026. The company reported a consolidated revenue of ₹48,893 Crores, marking a significant growth of 26% YoY. Despite a challenging external environment, Dixon maintained strong financial discipline, with EBITDA and PAT growth of 23% and 20% respectively. This performance underscores the company’s resilient business model, diversification, and strong partnerships.

Strong Financial Performance in Challenging Environment

Dixon Technologies (India) Limited (Dixon) has delivered a robust financial performance for the fiscal year ended March 31, 2026, navigating a challenging global economic landscape. The company’s consolidated revenue reached ₹48,893 Crores, representing a substantial growth of 26% year-on-year, excluding exceptional gain. This performance highlights the resilience of Dixon’s business model, which is built on scale, diversification, backward integration, and trusted partnerships.

Key Financial Highlights

The company maintained strong financial and operating discipline, achieving a healthy ROCE of 44.8% and ROE of 28.1%. The EBITDA, excluding exceptional gain, increased by 23% to ₹1,887 Crores, while PAT excluding exceptional gain increased by 20% to ₹845 Crores. Dixon’s focus on automation, strengthened industrial engineering, and a tightly managed negative working capital cycle of (8) days continues to reinforce efficiency.

Strategic Priorities and Future Outlook

Looking ahead, Dixon remains focused on scaling mobile volumes, advancing partnerships, expanding IT hardware, building telecom exports, ramping component manufacturing, and establishing industrial EMS as a new growth area. These strategic priorities are under execution and reinforce the logic of building deeper capabilities while reaching wider. The company is poised to capture greater value within the electronics ecosystem and is committed to building a more integrated, diversified, and scalable manufacturing platform for future opportunities.

Source: BSE

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