DIXON
Dixon Technologies (India) Limited
Each stock's 10,000-path forecast, rendered as light.
Dixon Technologies (India) Limited (DIXON) Stock Analysis & Case Study
Is DIXON a good buy? The data-driven verdict.
Dixon Technologies (India) Limited (DIXON) trades at ₹14,200,on the numbers it mixed signals, a Downstox Snapshot Score of 52/100.
On the numbers, Dixon Technologies (India) Limited (DIXON) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 46.2× earnings, ROE of 37.4%, a 58% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
DIXON fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How DIXON ranks against the 2,371 companies in our screener
- DIXON's market cap of 86,822 Cr ranks in the 94th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- DIXON's book value of ₹769 ranks in the 94th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- DIXON's promoter holding of 28.6% ranks in the 7th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- DIXON's 3-year profit (PAT) growth of 77.0% ranks in the 91st percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- DIXON's 3-year revenue growth of 59.0% ranks in the 94th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- DIXON's debt-to-equity ratio of 0.21x is lower than 61% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
Is DIXON overvalued? DIXON P/E vs peers
DIXON trades at 46.2× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
DIXON share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 8.7y of DIXON history (37%/yr drift, 40%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| DIXON 2027 | ₹9,001 | ₹15,338 | ₹26,137 | +8% |
| DIXON 2028 | ₹7,979 | ₹16,568 | ₹34,400 | +17% |
| DIXON 2029 | ₹7,313 | ₹17,896 | ₹43,791 | +26% |
| DIXON 2030 | ₹6,726 | ₹19,330 | ₹55,554 | +36% |
| DIXON 2031 | ₹6,394 | ₹20,880 | ₹68,186 | +47% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability DIXON goes up, or doubles?
The bull case for DIXON
- DIXON's return on equity of 37.4% ranks in the top 4% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- DIXON's return on capital employed of 42.0% ranks in the top 3% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹43,791.
The bear case & risks
- DIXON's P/E of 46.2x is lower than 29% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- A steep 18.5× price-to-book means most of the value is intangible/expectations, not assets on the books.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹7,313.
DIXON volatility & expected range, how bumpy is the ride?
Over the last 8.7 years DIXON compounded at 37%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹9,001-₹26,137, the honest backbone behind any single price target.
DIXON price forecast, the full 60-month probability fan
DIXON price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds DIXON hits common targets within the simulated horizon?
Full multi-horizon detail on the DIXON price target & forecast page.
DIXON Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. DIXON scores 6/8, mixed financial health.
DIXON MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy DIXON with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 30.35% | 3.3× |
| Zerodha | 28.80% | 3.5× |
| Groww | 28.92% | 3.5× |
| DhanCHEAPEST | 26.81% | 3.7× |
| Kotak Neo | 26.88% | 3.7× |
| Paytm Money | 27.16% | 3.7× |
| Pocketful | 34.26% | 2.9× |
| Anand Rathi | 33.81% | 3.0× |
| Bajaj Broking | 28.00% | 3.6× |
| Share India | 33.94% | 2.9× |
Compare every broker on the DIXON MTF page.
About Dixon Technologies (India) Limited: sector, index & market-cap context
Dixon Technologies (India) Limited (DIXON) is a mid-cap NSE-listed company in the Electronics sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹86,822 Cr. See more stocks on our screener.
How the DIXON Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Dixon Technologies (India) Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
DIXON analysis, FAQs
Is Dixon Technologies (India) Limited (DIXON) a good buy?
On the numbers, Dixon Technologies (India) Limited (DIXON) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 46.2× earnings, ROE of 37.4%, a 58% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is DIXON overvalued or undervalued?
DIXON trades at 46.2× earnings, expensive versus the ~22× long-run Nifty average.
What is the DIXON share price target for 2031?
DIXON's probability-weighted 2031 median target is ₹20,880, with an 80% range of ₹6,394-₹68,186 (10,000-path Monte-Carlo).
What is the probability DIXON doubles in 5 years?
The modelled probability of DIXON reaching ₹28,400 (2×) within 5 years is 37%.
What is the bull case for DIXON?
DIXON's return on equity of 37.4% ranks in the top 4% of the 2,371 NSE companies in our screener, as of 8 Aug 2026. DIXON's return on capital employed of 42.0% ranks in the top 3% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
What are the risks in DIXON?
DIXON's P/E of 46.2x is lower than 29% of the 2,371 NSE companies in our screener, as of 8 Aug 2026. A steep 18.5× price-to-book means most of the value is intangible/expectations, not assets on the books.