Dixon Technologies (India) Limited
Dixon Technologies (India) Limited, together with its subsidiaries, manufactures and sells electronic goods in India and internationally. The company offers consumer electronics, such as LED and smart TVs, interactive flat panels, monitors, IFPD commercial displays, digital signages, PCB and LCM panel assemblies, LED bars, and injection moulding; and lightning solutions, including LED and special… Read more
Dixon Technologies (India) Limited (DIXON) - Net Assets
Latest net assets as of September 2025: ₹46.83 Billion INR
Based on the latest financial reports, Dixon Technologies (India) Limited (DIXON) has net assets worth ₹46.83 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹196.51 Billion) and total liabilities (₹149.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹46.83 Billion |
| % of Total Assets | 23.83% |
| Annual Growth Rate | 37.18% |
| 5-Year Change | 370.54% |
| 10-Year Change | 2946.5% |
| Growth Volatility | 24.35 |
Dixon Technologies (India) Limited - Net Assets Trend (2012–2025)
This chart illustrates how Dixon Technologies (India) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dixon Technologies (India) Limited (2012–2025)
The table below shows the annual net assets of Dixon Technologies (India) Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹34.69 Billion | +101.42% |
| 2024-03-31 | ₹17.22 Billion | +34.08% |
| 2023-03-31 | ₹12.85 Billion | +28.81% |
| 2022-03-31 | ₹9.97 Billion | +35.27% |
| 2021-03-31 | ₹7.37 Billion | +36.20% |
| 2020-03-31 | ₹5.41 Billion | +43.13% |
| 2019-03-31 | ₹3.78 Billion | +20.08% |
| 2018-03-31 | ₹3.15 Billion | +60.24% |
| 2017-03-31 | ₹1.97 Billion | +72.61% |
| 2016-03-31 | ₹1.14 Billion | +24.00% |
| 2015-03-31 | ₹918.37 Million | +21.19% |
| 2014-03-31 | ₹757.78 Million | +20.93% |
| 2013-03-31 | ₹626.63 Million | +10.07% |
| 2012-03-31 | ₹569.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dixon Technologies (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5358.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹23.74 Billion | 78.86% |
| Common Stock | ₹120.50 Million | 0.40% |
| Other Comprehensive Income | ₹29.98 Billion | 99.60% |
| Total Equity | ₹30.10 Billion | 100.00% |
Dixon Technologies (India) Limited Competitors by Market Cap
The table below lists competitors of Dixon Technologies (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
$3.99 Billion |
|
John Bean Technologies Corporation
NYSE:JBT
|
$3.99 Billion |
|
Peptron Inc
KQ:087010
|
$3.99 Billion |
|
Lemonade Inc
NYSE:LMND
|
$3.99 Billion |
|
SRF Limited
NSE:SRF
|
$3.99 Billion |
|
Associated Banc-Corp
NYSE:ASB
|
$3.99 Billion |
|
Texas Capital Bancshares Inc
NASDAQ:TCBI
|
$3.99 Billion |
|
Aris Mining Corporation
NYSE MKT:ARMN
|
$3.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dixon Technologies (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,948,500,000 to 30,102,000,000, a change of 13,153,500,000 (77.6%).
- Net income of 10,955,400,000 contributed positively to equity growth.
- Dividend payments of 329,100,000 reduced retained earnings.
- Share repurchases of 1,399,300,000 reduced equity.
- New share issuances of 1,399,300,000 increased equity.
- Other comprehensive income increased equity by 29,392,400,000.
- Other factors decreased equity by 26,865,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹10.96 Billion | +36.39% |
| Dividends Paid | ₹329.10 Million | -1.09% |
| Share Repurchases | ₹1.40 Billion | -4.65% |
| Share Issuances | ₹1.40 Billion | +4.65% |
| Other Comprehensive Income | ₹29.39 Billion | +97.64% |
| Other Changes | ₹-26.87 Billion | -89.25% |
| Total Change | ₹- | 77.61% |
Book Value vs Market Value Analysis
This analysis compares Dixon Technologies (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 20.90x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 985.99x to 20.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹10.48 | ₹10338.00 | x |
| 2013-03-31 | ₹11.43 | ₹10338.00 | x |
| 2014-03-31 | ₹13.68 | ₹10338.00 | x |
| 2015-03-31 | ₹16.49 | ₹10338.00 | x |
| 2016-03-31 | ₹21.08 | ₹10338.00 | x |
| 2017-03-31 | ₹36.07 | ₹10338.00 | x |
| 2018-03-31 | ₹56.39 | ₹10338.00 | x |
| 2019-03-31 | ₹65.82 | ₹10338.00 | x |
| 2020-03-31 | ₹92.27 | ₹10338.00 | x |
| 2021-03-31 | ₹123.99 | ₹10338.00 | x |
| 2022-03-31 | ₹167.60 | ₹10338.00 | x |
| 2023-03-31 | ₹214.68 | ₹10338.00 | x |
| 2024-03-31 | ₹282.37 | ₹10338.00 | x |
| 2025-03-31 | ₹494.73 | ₹10338.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dixon Technologies (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 36.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.82%
- • Asset Turnover: 2.32x
- • Equity Multiplier: 5.57x
- Recent ROE (36.39%) is above the historical average (18.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -12.46% | -1.23% | 2.06x | 4.93x | ₹-126.43 Million |
| 2013 | 8.09% | 0.65% | 2.77x | 4.49x | ₹-11.75 Million |
| 2014 | 18.44% | 1.24% | 3.75x | 3.95x | ₹62.21 Million |
| 2015 | 10.37% | 0.77% | 3.72x | 3.64x | ₹3.31 Million |
| 2016 | 35.40% | 2.90% | 3.49x | 3.50x | ₹289.21 Million |
| 2017 | 24.20% | 1.94% | 3.08x | 4.06x | ₹279.13 Million |
| 2018 | 19.34% | 2.14% | 2.88x | 3.13x | ₹294.03 Million |
| 2019 | 16.75% | 2.12% | 2.00x | 3.95x | ₹255.36 Million |
| 2020 | 22.26% | 2.74% | 2.59x | 3.14x | ₹663.67 Million |
| 2021 | 21.67% | 2.48% | 2.27x | 3.86x | ₹860.69 Million |
| 2022 | 19.08% | 1.78% | 2.50x | 4.29x | ₹904.92 Million |
| 2023 | 19.89% | 2.10% | 2.61x | 3.64x | ₹1.27 Billion |
| 2024 | 21.70% | 2.08% | 2.53x | 4.13x | ₹1.98 Billion |
| 2025 | 36.39% | 2.82% | 2.32x | 5.57x | ₹7.95 Billion |
Industry Comparison
This section compares Dixon Technologies (India) Limited's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $1,694,002,000
- Average return on equity (ROE) among peers: -6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dixon Technologies (India) Limited (DIXON) | ₹46.83 Billion | -12.46% | 3.20x | $3.99 Billion |
| BPL Limited (BPL) | $2.82 Billion | -7.78% | 4.55x | $7.98 Million |
| Palred Technologies Limited (PALREDTEC) | $567.13 Million | -6.04% | 1.28x | $1.57 Million |