Dixon Technologies (India) Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Dixon Technologies (India) Limited (NSE:DIXON) investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations by 4.4% to hit ₹128b. Dixon Technologies (India) also reported a statutory profit of ₹46.30, which was an impressive 21% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Dixon Technologies (India) after the latest results.

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Taking into account the latest results, the current consensus from Dixon Technologies (India)'s 28 analysts is for revenues of ₹571.2b in 2026. This would reflect a huge 27% increase on its revenue over the past 12 months. Statutory earnings per share are expected to dip 4.5% to ₹187 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹566.3b and earnings per share (EPS) of ₹190 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

See our latest analysis for Dixon Technologies (India)

There were no changes to revenue or earnings estimates or the price target of ₹17,348, suggesting that the company has met expectations in its recent result. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Dixon Technologies (India) analyst has a price target of ₹22,100 per share, while the most pessimistic values it at ₹9,085. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Dixon Technologies (India)'shistorical trends, as the 37% annualised revenue growth to the end of 2026 is roughly in line with the 41% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 16% annually. So although Dixon Technologies (India) is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at ₹17,348, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Dixon Technologies (India) analysts - going out to 2028, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 1 warning sign for Dixon Technologies (India) you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.