Archive · 30 Jan 2026
Dixon Technologies Q3 Earnings: Mixed Outlook
Dixon Technologies, a big company in India that makes phones and other electronics, just shared its earnings for the last three months.
They made more money than last year, but not as much as some people thought because phone sales were slow.
This is because parts for phones are more expensive now.
Some experts think the company's stock could go up a lot in the future, but others are worried about the slowdown in phone sales.
The company also lowered its sales predictions for the year because of these problems.
Overall, while there are some challenges, many experts still think the company has a good future.
Dixon Technologies reported a 68% increase in net profit to Rs 282.7 crore in Q3, but revenue grew only 2% to Rs 10,671 crore.
Weak smartphone demand due to higher memory prices impacted Q3 earnings, with challenges expected to continue for a few more quarters.
Brokerages have mixed outlooks: Motilal Oswal sees a 62% upside with a target price of Rs 16,700, JP Morgan is overweight with a target of Rs 13,700, and Nomura has a buy call with a target of Rs 14,678.
Dixon Technologies reduced its FY26 mobile volume guidance to 34-35 million units and withdrew FY27 guidance due to uncertainty from memory price increases and delays in Vivo JV approval.
The stock closed 0.56% higher at Rs 10,338, with a market cap of Rs 62,741 crore, but has lost 33% in three months and 38% in six months.
- Who
- Dixon Technologies (India)
- What
- Q3 earnings report and brokerage outlooks
- When
- Q3 (specific quarter not mentioned)
- Where
- India
- Why
- Weak smartphone demand and higher memory prices
- Q3 Revenue
- Rs 10,671 crore
- Q3 Net Profit
- Rs 282.7 crore
- Q3 EBITDA
- Rs 414 crore
- Market Cap
- Rs 62,741 crore
- Stock Price
- Rs 10,338
- Motilal Oswal Target
- Rs 16,700
- JP Morgan Target
- Rs 13,700
- Nomura Target
- Rs 14,678
- JM Financial Target
- Rs 11,000
Sources
Dixon Technologies shares: Brokerages see up to 62% upside post Q3 earnings; here's why
Dixon Tech shares surge after analysts cite re-rating triggers, attractive valuations
Dixon Technologies shares: JM Financial cuts target price by 20%; stock up 3%
