Overview
- Dixon Technologies reported a 322% year-on-year rise in Q4 FY25 net profit to Rs 401 crore, driven by a Rs 250.37 crore one-time gain from the sale of its AIL Dixon JV stake.
- Revenue surged 121% year-on-year to Rs 10,293 crore, while EBITDA grew 143% to Rs 443 crore, with margins improving to 4.3%.
- The board proposed a final dividend of Rs 8 per share for FY25, pending shareholder approval at the upcoming Annual General Meeting.
- Shares of Dixon Technologies fell nearly 8% on May 21, 2025, as brokerages flagged concerns over its valuation at 97 times FY26 price-to-earnings and the upcoming expiry of mobile PLI incentives in FY27.
- The stock had rallied over 80% in the past year, but analysts now cite challenges in sustaining growth beyond the PLI scheme and increasing competition in the EMS sector.