DIXON

– Share Report As of April 21, 2025

Key Stock Metrics • Current Market Price (CMP): ₹15,870 • Market Cap: ₹92,308 Cr • P/E Ratio (TTM): 116.86 • EPS (TTM): ₹131.13 • P/B Ratio: 41.42 • Book Value: ₹370.00 • ROE: 24.77% • Dividend Yield: 0.03% • Debt-to-Equity Ratio: 0.36 • Face Value: ₹2 Technical Analysis – Breakout Alert Dixon Technologies is currently trading above its strong resistance level of ₹15,800. If the price sustains above ₹15,800 tomorrow with continued positive momentum, this will confirm the breakout and could lead to the next price targets in the ₹17,250 – ₹17,500 range. Key Technical Levels: • Resistance (Breakout Zone): ₹17,500 • Next Target (Post-Breakout): ₹16,500 • Support on Pullback: ₹14,400 Business Overview Dixon Technologies is a leading Indian electronics manufacturing services (EMS) provider. The company assembles products for major brands like Google (Pixel smartphones), Xiaomi, and Oppo. It is expanding into component manufacturing, supported by India's incentives for electronics production. The electronics manufacturing sector in India is projected to grow significantly, reaching ₹6 trillion by FY2027. Financial Highlights • FY2023–24 Revenue: ₹177.13 billion (up 45% YoY) • FY2023–24 PAT: ₹375 crore (up 47% YoY) • Q3 FY2024–25 Revenue: ₹10,454 crore (117% YoY growth) • Q3 FY2024–25 Net Profit: ₹217 crore (124% YoY growth) Summary & Outlook

has demonstrated strong financial growth and is well-positioned in the expanding Indian electronics manufacturing sector. The current price action suggests a potential breakout above ₹15,800. If sustained, this could lead to further upside in the near term. However, investors should be cautious of its high valuation and potential global trade risks. Long-term prospects remain promising, but short-term volatility may persist.