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Dixon Technologies (DIXON) investor relations material
Dixon Technologies Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary17 Oct, 2025
Executive summary
Q2 FY26 adjusted revenue was INR 14,858 crore, up 29% YoY, with adjusted EBITDA at INR 564 crore (up 34%) and adjusted PAT at INR 323 crore (up 37%), excluding one-time gains.
Q2 FY26 reported revenue was INR 15,351 crore, up 33% YoY, with EBITDA at INR 1,057 crore (up 152%) and PAT at INR 746 crore (up 81%), including significant one-time gains.
H1 FY26 adjusted revenue grew 53% YoY to INR 27,695 crore, with adjusted EBITDA at INR 1,048 crore (up 55%) and adjusted PAT at INR 603 crore (up 61%).
H1 FY26 reported revenue was INR 28,188 crore, up 56% YoY, with EBITDA at INR 1,541 crore (up 128%) and PAT at INR 1,026 crore (up 86%).
Temporary demand postponement in LED TVs, refrigerators, and washing machines due to GST rate reduction, with normalization starting late in the quarter.
Financial highlights
Mobile business revenue was INR 13,361 crore in Q2, up 41–53% YoY, with operating profit of INR 472 crore, up 53%.
Telecom and networking products revenue grew 148% YoY to INR 1,635 crore.
Laptops, tablets, and IT hardware revenue rose 481% YoY to INR 331 crore.
Home appliances revenue was INR 429 crore in Q2 with 11.7% operating margin.
Free cash flow for H1 at INR 324 crore; closing cash and equivalents at INR 612 crore.
Outlook and guidance
Mobile phone volumes expected at 40–42 million units for FY26, with guidance of 55–60 million units for next year, including new JV contributions.
IT hardware business targeted to reach INR 4,000–5,000 crore in two years.
Confident in achieving INR 1 lakh crore sales in 3–4 years, with operating margins expected to rise to 4–4.5% through integration and scale.
Exports to Africa, Latin America, and the U.S. expected to be significant growth drivers.
Continued focus on operational efficiency and working capital management.
Telecom backhaul radio export potential
Component integration's margin impact?
Path to INR 1 lakh crore sales target?
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Next Dixon Technologies earnings date
Q3 25/2619 Jan, 2026
Next Dixon Technologies earnings date
Q3 25/2619 Jan, 2026
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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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@theshortbearx.com
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