Dixon Technolog. (DIXON)

FairStock Score: 78/100 — STEADY

Score breakdown: P/E: 0/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I’m looking at Dixon Technolog. through a Buffett-Graham lens. The business is clearly a fast grower: sales rose 80.51%, profit growth was 999%, and five-year revenue CAGR is 54.60%. Latest quarter sales were ₹10,672 Cr with net profit of ₹321 Cr. Returns are excellent: ROE 52.59%, ROCE 39.95%, and debt/equity is only 0.18. Piotroski 8/9, Altman Z-score 5.75, and FairStock Score 78/100 (STEADY) suggest financial strength and a decent overall profile. That combination is attractive. But the price asks for perfection. At ₹14,130, P/E is 41.49, P/B 15.74, EV/EBITDA 46.05, and dividend yield is just 0.06%. Graham Number is ₹1,718.44 and DCF intrinsic value is ₹501.34, giving a margin of safety of -512.65%. I don’t need to invent a moat: these figures alone show the market is paying many times what conservative intrinsic value models suggest. Free cash flow is only ₹57 Cr, so profit is not yet converting into cash at the same scale. PEG 1.19 is not outrageous if growth persists, but growth must persist at extraordinary rates to justify the valuation. So today I see a high-quality, high-growth, low-debt company—but not a Graham bargain. The 52-week range of ₹9,600-₹17,440 shows the volatility. I’d watch cash conversion, margins, growth durability, and valuation. At this price, I’d admire the business but demand a much wider margin of safety before buying.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer