Dixon Technologies Q4 FY26 Profit Drops 36% Despite Revenue Growth
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Dixon Technologies reported a 36% YoY decline in Q4 FY26 profit to ₹256 crore despite marginal revenue growth. EBITDA margin weakened, while the board proposed ₹10 as a final dividend per share.
Dixon Technologies reported a 36% year-on-year decline in consolidated net profit for Q4 FY26 at ₹256 crore, compared with ₹401 crore in the corresponding quarter last year, according to a stock exchange filing on Tuesday.
The company’s revenue from operations rose 2% YoY to ₹10,511 crore from ₹10,293 crore a year earlier. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 9% year-on-year to ₹493 crore, while EBITDA margin narrowed to 3.9% from 4.3% in the year-ago quarter.
Dixon Technologies' share price fell 5.89% to close at ₹10,138 on the National Stock Exchange on 12 March 2026. However, the stock opened on a positive note and has risen 4.80%, trading at ₹10,625.00 as of 10:16 am IST on 13 May 2026.
Key Financial Highlights
Total Income | ₹10,594.81 crore | ₹10,303.82 crore |
Cost of Materials Consumed | ₹10,024.98 crore | ₹9,399.50 crore |
Employee Benefit Expenses | ₹173.99 crore | ₹143.32 crore |
Finance Costs | ₹23.66 crore | ₹46.26 crore |
Depreciation & Amortisation | ₹104.97 crore | ₹85.91 crore |
Other Expenses | ₹213.09 crore | ₹231.13 crore |
Profit Before Tax (before exceptional items) | ₹369.76 crore | ₹325.66 crore |
Total Tax Expense | ₹71.79 crore | ₹111.08 crore |
Total Comprehensive Income | ₹298.83 crore | ₹463.85 crore |
Basic EPS | ₹49.22 | ₹77.59 |
Diluted EPS | ₹48.81 | ₹76.42 |
Operational & Strategic Highlights
Lighting business restructuring | Dixon transferred its lighting business to joint venture Lightanium Technologies, effective August 1, 2025. |
Q Tech India acquisition | Dixon acquired a 51% stake in Kunshan Q Tech Microelectronics India through a ₹553 crore transaction. |
New subsidiary investments | Fresh capital was infused into Dixon IT Devices and Dixtel Infocom during FY26. |
Finance cost reduction | Interest costs nearly halved YoY, improving operational efficiency. |
Margin pressure persists | Material and employee costs grew faster than revenue. |
Also Read - Berger Paints India Q4 FY26 Profit Jumps 27% YoY To ₹335 Crore
Dividend Declaration
The Dixon Technologies board has recommended a final dividend of ₹10 per equity share of face value ₹2 each for FY26. The proposed dividend is subject to shareholders’ approval at the upcoming Annual General Meeting.
Sources:
NDTV Profit
Dixon Technologies
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