Dixon Technologies (India) Limited — Investor Meet, 03-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Dixon Technologies delivered Q3 FY26 revenue of INR 10,678 Cr, EBITDA of INR 421 Cr, and PAT of INR 214 Cr. Despite memory price headwinds, returns remain strong (ROCE 45.1%, ROE 32%).

Strategic focus: Deep backward integration and diversification.

Growth drivers: Mobile component scale-up (camera modules to 190-200M units, display by Q2 FY27), IT hardware expansion (FY27 target INR 3,500-4,000 Cr), and telecom.

Key updates: Confident on Vivo JV approval. Longcheer JV operational Q1 FY27. Management is optimistic for aggressive long-term growth and margin expansion via localization.