Dixon Technologies Q4 FY26 Profit Drops 36% Despite Revenue Growth

By Kotak News Desk
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13 May 2026 at 11:09 AM IST
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Market News
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4m

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Summary

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

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investo₹ should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

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