Integrated Filing — IndAS



General information about company

Scrip Code 540699
NSE Symbol DIXON
MSEI Symbol NOTLISTED
ISIN INE935N01020
Name of company Dixon Technologies (India) Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 31-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Electronics Goods
Start date and time of board meeting 31-07-2026   12:00:00
End date and time of board meeting 31-07-2026   15:05:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 15,54,766.00 15,54,766.00
Other income 52,829.00 52,829.00
Total income 16,07,595.00 16,07,595.00
2 Expenses
(a) Cost of materials consumed 15,06,440.00 15,06,440.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (42,337.00) (42,337.00)
(d) Employee benefit expense 18,069.00 18,069.00
(e) Finance costs 2,412.00 2,412.00
(f) Depreciation, depletion and amortisation expense 10,695.00 10,695.00
(f) Other Expenses
1 Other Expenses 26,282.00 26,282.00
Total other expenses 26,282.00 26,282.00
Total expenses 15,21,561.00 15,21,561.00
3 Total profit before exceptional items and tax 86,034.00 86,034.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 86,034.00 86,034.00
6 Tax expense
7 Current tax 8,041.00 8,041.00
8 Deferred tax 7,074.00 7,074.00
9 Total tax expenses 15,115.00 15,115.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 70,919.00 70,919.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 864.00 864.00
16 Total profit (loss) for period 71,783.00 71,783.00
17 Other comprehensive income net of taxes 17.00 17.00
18 Total Comprehensive Income for the period 71,800.00 71,800.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 66,342.00 66,342.00
Total profit or loss, attributable to non-controlling interests 5,441.00 5,441.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 66,356.00 66,356.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 5,444.00 5,444.00
21 Details of equity share capital
Paid-up equity share capital 1,222.00 1,222.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 118 118
Diluted earnings (loss) per share from continuing operations 117.87 117.87
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 118 118
Diluted earnings (loss) per share from continuing and discontinued operations 117.87 117.87
24 Debt equity ratio 0.1100 0.1100
25 Debt service coverage ratio 0.800 0.800
26 Interest service coverage ratio 36.6700 36.6700
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. These consolidated financial results of Dixon Technologies (India) Limited (Holding Company) have been prepared in accordance with the Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, as amended and SEBI circulars issued thereunder. 2. The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 31 July 2026. The statutory auditors have expressed an unmodified review conclusion on these results. 3. The Chief Operating Decision Maker ('CODM') comprising the Board of Directors, the Vice Chairman cum Managing Director and the Chief Financial Officer which examines the Company’s performance on the basis of a single operating segment namely Electronics Goods; accordingly segment disclosure is not required. 4. During the year ended 31 March 2026, the Holding Company transferred its lighting business undertaking including the shares of its Subsidiary, Dixon Technologies Solutions Private Limited to Lightanium Technologies Private Limited for a total consideration of Rs. 140.30 crores (Rs. 115.30 crores and Rs. 25.00 crores, respectively based on registered valuer's report) with effect from 01 August 2025. This transaction was executed as part of the joint venture arrangement, resulting in the Holding Company recognising a gain on sale of the undertaking and subsidiary shares amounting to Rs. 21.88 crores and Rs. 6.19 crores respectively. Signify Innovations India Limited transferred its LED lighting manufacturing operations at Vadodara, Gujarat, to Lightanium Technologies Private Limited as a going concern on a slump sale basis for a cash consideration of Rs. 140.30 crores. Following the completion of these transactions, both the Holding Company and Signify Innovations India Limited each hold 50% of the post-issue share capital of Lightanium Technologies Private Limited. The financial figures for the quarter ended 30 June 2026 are not comparable with those of the corresponding quarter period of the previous year and quarter of the current year due to the transfer of the lighting business to a Joint Venture company with effect from 01 August 2025. 5. One of the subsidiary company has recognised incentive income under the Production Linked Incentive (“PLI”) Scheme to the extent that its eligible revenues exceed the prescribed annual ceiling limit, including in respect of the year ended 31 March 2026 and earlier years. Recognition of such incremental incentive income is permitted under the Scheme in circumstances where other eligible applicants within the same target segment have not fully utilised their respective ceiling entitlements. The recognition is based on management’s assessment of the performance of other applicants, using publicly available information and internally available data. Incentive income accrued amounting to Rs. 1,110.06 crores, relating to such overperformance across different performance years, remains outstanding and receivable as at 30 June 2026, pending formal determination and disbursement by the Project Management Agency (“PMA”). Correspondingly, the subsidiary company has recognised a liability payable to its customer as per the arrangement amounting to Rs. 603.95 crores in respect of the same incentive. The subsidiary company has consistently asserted its eligibility and entitlement to the aforesaid incentive through appropriate representations and continues to actively pursue receipt of the incentive for the relevant performance years through ongoing engagement with the PMA and other concerned authorities. Management’s assessment regarding recognition and recoverability of the incentive receivable is supported by independent legal advice, which confirms the subsidiary’s eligibility for incentive upon achievement of the prescribed conditions under the Scheme. 6. The Board of Directors of the Holding Company at its meeting held on 12 May 2026 had recommended a final dividend of Rs. 10.00/- per equity share of face value Rs. 2/- each for the financial year 2025-26 subject to the approval of the shareholders at the ensuing Annual General Meeting of the Holding Company. 7. The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of full financial year and the unaudited published year-to-date figures upto 31 December 2025 which were subjected to limited review.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss 11.00 11.00
2 Share if OCI in Joint Ventures (net) 9.00 9.00
Total Amount of items that will not be reclassified to profit and loss 20.00
2 Income tax relating to items that will not be reclassified to profit or loss 3.00 3.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 17.00 17.00