Projected Income Statement: Dixon Technologies (India) Limited

Forecast Balance Sheet: Dixon Technologies (India) Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 824 3,495 1,939 2,803 4,074 -2,472 3,720 -4,191
Change - 324.15% -44.52% 44.56% 45.34% -160.68% 199.68% -212.66%
Announcement Date 27/05/21 30/05/22 23/05/23 15/05/24 20/05/25 12/05/26 - -
1INR in Million
Estimates

Cash Flow Forecast: Dixon Technologies (India) Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1,682 4,206 4,612 5,844 9,394 10,675 11,037 11,278
Change - 150.13% 9.64% 26.72% 60.73% 13.64% -4.35% 2.18%
Free Cash Flow (FCF) 1 19.4 -1,479 2,646 157.4 2,542 7,148 4,224 14,122
Change - -7,722.68% 278.9% -94.05% 1,514.74% 181.23% -35.46% 234.35%
Announcement Date 27/05/21 30/05/22 23/05/23 15/05/24 20/05/25 12/05/26 - -
1INR in Million
Estimates

Forecast Financial Ratios: Dixon Technologies (India) Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 4.44% 3.54% 4.22% 4% 3.92% 3.86% 3.43% 3.9%
EBIT Margin (%) 3.77% 2.76% 3.28% 3.09% 3.2% 3.06% 2.72% 3.24%
EBT Margin (%) 3.37% 2.38% 2.83% 2.79% 4.04% 4.24% 2.51% 3.11%
Net margin (%) 2.48% 1.78% 2.1% 2.08% 2.82% 2.94% 1.53% 1.87%
FCF margin (%) 0.03% -1.38% 2.17% 0.09% 0.65% 1.46% 0.64% 1.69%
FCF / Net Income (%) 1.21% -77.76% 103.53% 4.28% 23.2% 49.68% 41.67% 90.66%

Profitability

        
ROA - - - 6.3% 9.22% 8.01% 5.29% 6.83%
ROE 25% 21.93% 22.4% 25.2% 32.5% 28.1% 19.28% 23.63%

Financial Health

        
Leverage (Debt/EBITDA) 0.29x 0.92x 0.38x 0.4x 0.27x - 0.16x -
Debt / Free cash flow 42.48x -2.36x 0.73x 17.81x 1.6x - 0.88x -

Capital Intensity

        
CAPEX / Current Assets (%) 2.61% 3.93% 3.78% 3.3% 2.42% 2.18% 1.67% 1.35%
CAPEX / EBITDA (%) 58.68% 110.95% 89.66% 82.56% 61.6% 56.54% 48.72% 34.61%
CAPEX / FCF (%) 8,668.56% -284.45% 174.33% 3,713.02% 369.59% 149.35% 261.32% 79.86%

Items per share

        
Cash flow per share 1 28.6 45.9 121.9 99.24 212.6 333.7 286.8 425.1
Change - 60.46% 165.53% -18.57% 114.23% 56.95% 39.3% 48.22%
Dividend per Share 1 1 2 3 5 8 10 11.48 15.34
Change - 100% 50% 66.67% 60% 25% 3.94% 33.65%
Book Value Per Share 1 125.9 167.9 215.8 283.4 499.6 769.2 935.5 1,197
Change - 33.37% 28.47% 31.35% 76.28% 53.96% 32.51% 28%
EPS 1 26.87 32 42.62 62.46 202.6 269.4 168 257.7
Change - 19.09% 33.19% 46.55% 224.34% 32.96% -4.58% 53.46%
Nbr of stocks (in thousands) 58,569 59,342 59,560 59,822 60,237 61,086 61,086 61,086
Announcement Date 27/05/21 30/05/22 23/05/23 15/05/24 20/05/25 12/05/26 - -
1INR
Estimates
2026 2027 *
P/E Ratio 35.9x 68.4x
PBR 12.6x 12.3x
EV / Sales 1.2x 1.07x
Yield 0.1% 0.1%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
29
Last Close Price
11,487.00INR
Average target price
11,821.28INR
Spread / Average Target
+2.91%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. DIXON Stock
  4. Financials Dixon Technologies (India) Limited
40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!