Dixon Technologies

Dixon Technologies reported Q4Current reported value: 4. No comparable prior figure is available in the source record. FY26 revenue of ₹10,520 croreCurrent reported value: ₹10,520 crore. No comparable prior figure is available in the source record. with EBITDA of ₹418 croreCurrent reported value: ₹418 crore. No comparable prior figure is available in the source record. and PAT of ₹192 croreCurrent reported value: ₹192 crore. No comparable prior figure is available in the source record., excluding exceptional items. Full-year revenue grew 26% YoYCurrent reported value: 26% YoY. No comparable prior figure is available in the source record. to ₹48,893 crore, driven by telecom and IT hardware segments, while mobile volumes remained flat due to memory price inflation and softer demand. Management guided for 15-17% revenue growthCurrent reported value: 15-17% revenue growth. No comparable prior figure is available in the source record. in FY27 (excluding Vivo) to ~₹56,000 crore, with margin pressure from PLI expiry offset by backward integration (camera modules, displays). Key growth drivers include telecom (targeting ₹7,500-8,000 crore), IT hardware (3x to >₹4,000 crore), and lighting (2x to ₹1,700 crore). The display JV with HKC will commence commercial production in Q4 FY27. Risks include delayed Vivo JV approval and potential margin compression from PLI phase-out.