Dixon Technologies (NSE: DIXON) has been among the best-performing firms on the Indian market in recent years with share price increase of more than 300% over the last three years.
Investors are keenly observing Dixon Technologies’ growth prospects as it works to increase its market share in the electronics manufacturing industry and are debating whether it is a good idea to purchase its shares.
Vaishali Parekh of Prabhudas Lilladher predicts that the stock will rise by another 15% in the near future. In order to conduct a thorough study of Dixon Technologies’ prospective share price objective from 2023 to 2030, we will look at the company’s growth trajectory, competitive landscape, and financial performance in this article.
Latest news about Dixon Technologies (India)
➤ Vaishali Parekh of Prabhudas Lilladher predicted that Dixon Technologies shares could increase by 15% in the near future.
➤ Dixon Tech (NSE: DIXON) has signed a term sheet with Mega Alliance Holdings in preparation for a potential joint venture.
How to buy Dixon Technologies shares?
The trading platforms where Dixon Technologies shares can be purchased are as follows:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Dixon Technologies (India): 2023 to 2030
Share Price Target 2023 of Dixon Technologies (India)
| When | Maximum Price | Minimum Price |
| March 2023 | ₹2,988.10 | ₹2,298.54 |
| April 2023 | ₹3,286.91 | ₹2,528.39 |
| May 2023 | ₹2,739.09 | ₹2,106.99 |
| June 2023 | ₹3,286.91 | ₹2,528.39 |
| July 2023 | ₹3,944.29 | ₹3,034.07 |
| August 2023 | ₹4,338.72 | ₹3,337.48 |
| September 2023 | ₹4,555.66 | ₹3,504.35 |
| October 2023 | ₹4,338.72 | ₹3,337.48 |
| November 2023 | ₹4,772.59 | ₹3,671.23 |
| December 2023 | ₹5,345.30 | ₹4,111.77 |
According to the table provided, Dixon Technologies’ share price is predicted to show an uptrend in 2023. The maximum price of the stock is expected to reach ₹5,345.30 in December 2023, while the minimum price is estimated to be ₹2,106.99 in May 2023. This represents a potential growth percentage of up to 132% from the lowest predicted price to the highest.
The bullish prediction for Dixon Technologies’ share price is likely due to the company’s strong market position in the electronics manufacturing sector, its ongoing expansion plans, and the increasing demand for electronic products in India.
Share Price Target 2024 of Dixon Technologies (India)
| When | Maximum Price | Minimum Price |
| January 2024 | ₹5,626.64 | ₹4,328.18 |
| February 2024 | ₹6,322.06 | ₹5,268.39 |
| March 2024 | ₹6,654.80 | ₹5,410.41 |
| April 2024 | ₹6,049.82 | ₹4,653.71 |
| May 2024 | ₹5,041.52 | ₹3,878.09 |
| June 2024 | ₹6,049.82 | ₹4,653.71 |
| July 2024 | ₹5,142.35 | ₹3,986.32 |
| August 2024 | ₹5,656.58 | ₹4,489.35 |
| September 2024 | ₹5,939.41 | ₹4,568.78 |
| October 2024 | ₹6,987.54 | ₹5,375.03 |
| November 2024 | ₹7,336.92 | ₹5,643.79 |
| December 2024 | ₹7,483.66 | ₹5,756.66 |
Looking at the share price target for Dixon Technologies in 2024, the data suggests a bullish outlook with an expected average target of around ₹5,900.
The maximum target is estimated to reach ₹7,483.66 in December 2024, while the minimum target is ₹3,878.09 in May 2024. This indicates a potential upside of up to 93% from the lowest predicted price to the highest. Based on this data, it seems that Dixon Technologies could continue its strong growth trajectory in the coming years.
It’s important to note that stock prices can be volatile and unpredictable. Investors should seek professional advice and do their own research before making any investment decisions.
Overall, the target recommendations for Dixon Technologies appear to be positive, indicating a potentially profitable investment opportunity in the years ahead.
Share Price Target 2025 of Dixon Technologies (India)
| When | Maximum Price | Minimum Price |
| January 2025 | ₹7,633.33 | ₹5,871.79 |
| February 2025 | ₹8,035.09 | ₹6,180.84 |
| March 2025 | ₹8,436.84 | ₹6,489.88 |
| April 2025 | ₹7,532.89 | ₹5,794.53 |
| May 2025 | ₹6,848.09 | ₹5,267.76 |
| June 2025 | ₹7,532.89 | ₹5,794.53 |
| July 2025 | ₹7,174.18 | ₹5,518.60 |
| August 2025 | ₹7,473.11 | ₹5,748.55 |
| September 2025 | ₹7,846.76 | ₹6,035.97 |
| October 2025 | ₹8,317.57 | ₹6,398.13 |
| November 2025 | ₹8,899.80 | ₹6,846.00 |
| December 2025 | ₹9,077.80 | ₹6,982.92 |
The share price target for Dixon Technologies in 2025 suggests a potentially bearish outlook with an expected return of around 17% compared to the previous year.
The maximum target is estimated to reach ₹9,077.80 in December 2025, while the minimum target is ₹5,267.76 in May 2025. This indicates a potential downside of up to 42% from the highest predicted price to the lowest.
While the growth percentage may be lower compared to previous years, it’s important to note that Dixon Technologies’ financials and business prospects could change over time, leading to a shift in the stock’s performance. Investors should closely monitor the company’s performance and seek professional advice before making any investment decisions.
Dixon Technologies (India) Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹6,354.46 | ₹4,448.12 |
| 2027 | ₹5,401.29 | ₹3,780.90 |
| 2028 | ₹9,722.32 | ₹6,805.62 |
| 2029 | ₹19,971.15 | ₹13,979.81 |
| 2030 | ₹22,240.60 | ₹15,568.42 |
Based on the table provided, Dixon Technologies’ share price target shows a fluctuating trend between 2023 and 2030. While the maximum price prediction for 2023 and 2024 is fairly bullish, with an average upside of 39%, the year 2026 presents a bearish scenario with a lower predicted maximum price and minimum price compared to the previous years.
The prediction for the next few years, particularly 2029 and 2030, shows a significant potential for return with a substantial increase in the maximum price compared to previous years.
The data suggests that Dixon Technologies is a stock that is likely to experience an uptrend in the long run, and it might be a good investment opportunity for those who are willing to hold onto their investments for an extended period.
Financial Condition of Dixon Technologies (India): Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 2,841.63 | 2,984.45 | 4,400.12 | 6,448.17 | 10,697.08 |
| Expenses | 2,728.75 | 2,848.29 | 4,172.29 | 6,155.97 | 10,312.78 |
| Operating Profit | 112.88 | 136.16 | 227.83 | 292.20 | 384.30 |
| Other Income | 3.98 | 5.63 | 4.90 | 1.25 | 3.76 |
| Depreciation | 15.18 | 21.65 | 36.53 | 43.72 | 83.95 |
| Interest | 13.45 | 26.32 | 39.44 | 32.72 | 49.40 |
| Profit before tax | 88.23 | 93.82 | 156.76 | 217.01 | 254.71 |
| Tax | 27.33 | 30.46 | 36.27 | 57.21 | 64.38 |
| Net profit | 60.90 | 63.36 | 120.50 | 159.80 | 190.17 |
| EPS | 10.76 | 11.19 | 20.81 | 27.27 | 32.07 |
| Price to earning | 61.17 | 42.00 | 34.40 | 134.66 | 134.36 |
| Price | 658.21 | 470.20 | 715.97 | 3,672.15 | 4,308.80 |
| RATIOS: | |||||
| Dividend Payout | 3.73% | 3.58% | 3.84% | 3.67% | 6.24% |
| OPM | 3.97% | 4.56% | 5.18% | 4.53% | 3.59% |
Dixon Technologies has seen significant growth over the past five years, as evidenced by the increase in revenue and profits. The company’s sales revenue has grown at an impressive rate, increasing from ₹2,841.63 crore in March 2018 to ₹10,697.08 crore in March 2022, representing a percentage growth of 276%.
The company’s net profit has also increased from ₹60.90 crore in March 2018 to ₹190.17 crore in March 2022, showing a growth of 212%.
However, the company has also witnessed fluctuations in its financial performance during this period. For example, Dixon Technologies saw a dip in revenue and profit growth in 2021, with revenue increasing by 49% and net profit by 26% compared to the previous year. In contrast, the company’s PAT (profit after tax) in 2022 witnessed a significant growth of 19.3% compared to the previous year.
The company has also seen an increase in its Price to Earnings ratio (P/E) from 61.17 in March 2018 to 134.36 in March 2022, which shows investor confidence in the company’s future earnings potential.
The OPM (Operating Profit Margin) has fluctuated between 3.59% to 5.18% over the past five years. Despite these fluctuations, Dixon Technologies has consistently maintained a dividend payout of over 3% during this period.
Overall, Dixon Technologies has shown strong revenue and profit growth over the past five years, although investors should be mindful of fluctuations in the company’s financial performance.
Dixon Technologies (India) share price target by Experts
Dixon Technologies (India) share price target by ICICI Direct
ICICI Direct suggested maintaining a “hold” rating on Dixon Technologies (India) with a target price of Rs 3055.
Dixon Technologies (India) share price target by Emkay Global Financial
Emkay Global Financial suggested to maintain the Hold rating on Dixon Technologies, predicting a target of Rs 3165.
Dixon Technologies (India) share price target by Sharekhan
Sharekhan advised to maintain the Hold rating on Dixon Technologies with a target price of Rs 3770.
FAQS
Will the share price of Dixon Technologies (India) increase in 2023?
It is anticipated that Dixon Technologies (India) per share price will increase to ₹5,345.30 by the end of 2023.
Write the share price target 2025 of Dixon Technologies (India).
The share price target of Dixon Technologies (India) for 2025 might be around ₹9,077.80.
What risks should I consider before investing in Dixon Technologies?
As with any investment, there are risks associated with investing in Dixon Technologies. Some potential risks to consider include market volatility, changes in consumer demand, competition from other companies, regulatory changes, and more.
Write the share price target 2030 of Dixon Technologies (India).
The per share price of Dixon Technologies (India) might reach around ₹22,240.60 by the end of 2030.
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Conclusion
In conclusion, Dixon Technologies has shown impressive growth in terms of revenue, profit and PAT in the last five years. The company’s revenue has grown from ₹2,841.63 crore in FY18 to ₹10,697.08 crore in FY22, an increase of 277%.
Similarly, its PAT has increased from ₹60.90 crore in FY18 to ₹190.17 crore in FY22, an increase of 212%. This impressive growth is expected to continue in the future, with a projected maximum share price of ₹22,240.60 and a minimum share price of ₹2,106.99 in 2030.
Dixon Technologies’ financial ratios, such as OPM and dividend payout, have also been consistently healthy over the past few years. All of these factors suggest that Dixon Technologies shares could be a good buy for investors looking to benefit from a promising growth story in the Indian electronics manufacturing industry.
