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Dixon Technologies (India) Ltd
NSE:DIXON

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Dixon Technologies (India) Ltd
NSE:DIXON
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Price: 11 225 INR -0.36%
Market Cap: ₹682.5B

EV/EBIT

43.7
Current
37%
Cheaper
vs 3-y average of 69.2

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
43.7
=
Enterprise Value
₹615.7B
/
EBIT
₹15.3B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
43.7
=
Enterprise Value
₹615.7B
/
EBIT
₹15.3B

Valuation Scenarios

Dixon Technologies (India) Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (69.2), the stock would be worth ₹17 788.38 (58% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-47%
Maximum Upside
+74%
Average Upside
16%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 43.7 ₹11 225
0%
3-Year Average 69.2 ₹17 788.38
+58%
5-Year Average 76.2 ₹19 568.18
+74%
Industry Average 34.3 ₹8 813.6
-21%
Country Average 23.3 ₹5 977.89
-47%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹615.7B
/
Jan 2026
₹15.3B
=
43.7
Current
₹615.7B
/
Mar 2026
₹15.7B
=
39.3
Forward
₹615.7B
/
Mar 2027
₹21.6B
=
28.6
Forward
₹615.7B
/
Mar 2028
₹30B
=
20.5
Forward
₹615.7B
/
Mar 2029
₹38.7B
=
15.9
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close

Market Distribution

Higher than 80% of companies in India
Percentile
80th
Based on 2 572 companies
80th percentile
43.7
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

Dixon Technologies (India) Ltd
Glance View

Dixon Technologies (India) Ltd. has woven its success story in the expansive tapestry of the Indian electronics manufacturing sector. Born in 1993, the Noida-headquartered company quickly rose to prominence by positioning itself as a one-stop solution for original equipment manufacturers (OEMs), offering end-to-end solutions in consumer electronics, home appliances, lighting, mobile phones, and security devices. The essence of Dixon's operations lies in its role as an electronics manufacturing services (EMS) provider, which allows various global and domestic brands to leverage its manufacturing prowess. This strategic alignment helps these brands bring quality products to the market without the burden of managing intricate manufacturing processes. By handling aspects of product development, supply chain management, and after-sales services, Dixon broadens its revenue streams while enabling partners to focus on branding and marketing. At the heart of Dixon Technologies' business model is its ability to deliver scale and efficiency, a crucial edge in the low-margin, high-volume electronics manufacturing industry. The company operates through a series of integrated verticals, which allow it to meticulously manage its input costs while optimizing output quality. This vertical integration extends from component manufacturing to full assembly, giving Dixon control over cost structures and timelines. Its extensive manufacturing facilities, combined with a focus on innovation and automation, foster a competitive advantage. By continuously updating its technological offerings and expanding its portfolio across product categories, Dixon stands not just as a manufacturer but as a trusted partner that fuels the hardware aspirations of many renowned technology brands. The company's profitability fundamentally hinges on maintaining robust relationships with its clients, consistent volume growth, and operational excellence.

DIXON Intrinsic Value
11 233.68 INR
Fairly Valued
Intrinsic Value
Price ₹11 225
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