Dixon Technologies (India) Limited (DIXON) - Net Assets

Latest as of September 2025: Rs46.83 Billion INR ≈ $506.46 Million USD

Based on the latest financial reports, Dixon Technologies (India) Limited (DIXON) has net assets worth Rs46.83 Billion INR (≈ $506.46 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs196.51 Billion ≈ $2.13 Billion USD) and total liabilities (Rs149.67 Billion ≈ $1.62 Billion USD). 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. Check Dixon Technologies (India) Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs46.83 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. Also explore Dixon Technologies (India) Limited (DIXON) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see DIXON stock market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs34.69 Billion ≈ $375.19 Million	+101.42%
2024-03-31	Rs17.22 Billion ≈ $186.28 Million	+34.08%
2023-03-31	Rs12.85 Billion ≈ $138.93 Million	+28.81%
2022-03-31	Rs9.97 Billion ≈ $107.86 Million	+35.27%
2021-03-31	Rs7.37 Billion ≈ $79.74 Million	+36.20%
2020-03-31	Rs5.41 Billion ≈ $58.54 Million	+43.13%
2019-03-31	Rs3.78 Billion ≈ $40.90 Million	+20.08%
2018-03-31	Rs3.15 Billion ≈ $34.06 Million	+60.24%
2017-03-31	Rs1.97 Billion ≈ $21.26 Million	+72.61%
2016-03-31	Rs1.14 Billion ≈ $12.32 Million	+24.00%
2015-03-31	Rs918.37 Million ≈ $9.93 Million	+21.19%
2014-03-31	Rs757.78 Million ≈ $8.20 Million	+20.93%
2013-03-31	Rs626.63 Million ≈ $6.78 Million	+10.07%
2012-03-31	Rs569.32 Million ≈ $6.16 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	Rs23.74 Billion	78.86%
Common Stock	Rs120.50 Million	0.40%
Other Comprehensive Income	Rs29.98 Billion	99.60%
Total Equity	Rs30.10 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
Weatherford International plc NASDAQ:WFRD	$7.33 Billion
President Chain Store Corp TW:2912	$7.34 Billion
Match Group Inc NASDAQ:MTCH	$7.34 Billion
thyssenkrupp AG XETRA:TKA	$7.34 Billion
Janus Henderson Group PLC NYSE:JHG	$7.33 Billion
Shenzhen MTC Co Ltd SHE:002429	$7.32 Billion
Andritz AG VI:ANDR	$7.32 Billion
Asia Potash International Investment Guangzhou Co Ltd SHE:000893	$7.31 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	Rs10.96 Billion	+36.39%
Dividends Paid	Rs329.10 Million	-1.09%
Share Repurchases	Rs1.40 Billion	-4.65%
Share Issuances	Rs1.40 Billion	+4.65%
Other Comprehensive Income	Rs29.39 Billion	+97.64%
Other Changes	Rs-26.87 Billion	-89.25%
Total Change	Rs-	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: 22.57x
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 1065.01x to 22.57x 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	Rs10.48	Rs11166.50	x
2013-03-31	Rs11.43	Rs11166.50	x
2014-03-31	Rs13.68	Rs11166.50	x
2015-03-31	Rs16.49	Rs11166.50	x
2016-03-31	Rs21.08	Rs11166.50	x
2017-03-31	Rs36.07	Rs11166.50	x
2018-03-31	Rs56.39	Rs11166.50	x
2019-03-31	Rs65.82	Rs11166.50	x
2020-03-31	Rs92.27	Rs11166.50	x
2021-03-31	Rs123.99	Rs11166.50	x
2022-03-31	Rs167.60	Rs11166.50	x
2023-03-31	Rs214.68	Rs11166.50	x
2024-03-31	Rs282.37	Rs11166.50	x
2025-03-31	Rs494.73	Rs11166.50	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	Rs-126.43 Million
2013	8.09%	0.65%	2.77x	4.49x	Rs-11.75 Million
2014	18.44%	1.24%	3.75x	3.95x	Rs62.21 Million
2015	10.37%	0.77%	3.72x	3.64x	Rs3.31 Million
2016	35.40%	2.90%	3.49x	3.50x	Rs289.21 Million
2017	24.20%	1.94%	3.08x	4.06x	Rs279.13 Million
2018	19.34%	2.14%	2.88x	3.13x	Rs294.03 Million
2019	16.75%	2.12%	2.00x	3.95x	Rs255.36 Million
2020	22.26%	2.74%	2.59x	3.14x	Rs663.67 Million
2021	21.67%	2.48%	2.27x	3.86x	Rs860.69 Million
2022	19.08%	1.78%	2.50x	4.29x	Rs904.92 Million
2023	19.89%	2.10%	2.61x	3.64x	Rs1.27 Billion
2024	21.70%	2.08%	2.53x	4.13x	Rs1.98 Billion
2025	36.39%	2.82%	2.32x	5.57x	Rs7.95 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: $2,078,029,531
Average return on equity (ROE) among peers: 3.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dixon Technologies (India) Limited (DIXON)	Rs46.83 Billion	-12.46%	3.20x	$7.33 Billion
BPL Limited (BPL)	$3.84 Billion	0.02%	0.60x	$29.60 Million
Palred Technologies Limited (PALREDTEC)	$317.63 Million	7.91%	1.12x	$5.30 Million

About Dixon Technologies (India) Limited

NSE:DIXON India Consumer Electronics

Market Cap

$7.33 Billion

Rs677.65 Billion INR

Market Cap Rank

#2772 Global

#118 in India

Share Price

Rs11166.50

Change (1 day)

-1.40%

52-Week Range

Rs9673.00 - Rs18331.00

All Time High

Rs18940.15