NSE:DIXON Stock Forecast

Stock Price Forecast

According to 29 analysts polled by S&P Global, NSE:DIXON stock has a consensus rating of "Buy" and an average price target of ₹11,821. The average 1-year stock price forecast is 1.77% higher than the current stock price, while the lowest is ₹8,157 (-29.78%) and the highest is ₹15,200 (+30.85%).

Price Target: ₹11,821 (+1.77%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹8,157	₹11,821	₹11,900	₹15,200
Change	-29.78%	+1.77%	+2.44%	+30.85%

Analyst Ratings

The average analyst rating for NSE:DIXON stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	14	14	12	11	12	12
Buy	8	7	7	7	7	7
Hold	3	3	3	4	4	4
Sell	1	1	2	2	2	2
Strong Sell	4	4	4	4	4	4
Total	30	29	28	28	29	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sonali Salgaonkar Jefferies	Jefferies	Hold Maintains ₹10,330 → ₹10,280	Hold	Maintains	₹10,330 → ₹10,280	-11.50%	May 14, 2026
Chirag Jain Emkay Global Financial Services No rating	Emkay Global Financial Services	Buy Maintains ₹15,200 → ₹12,500	Buy	Maintains	₹15,200 → ₹12,500	+7.61%	May 13, 2026
Unknown Analyst ICICI Securities No rating	ICICI Securities	Buy Maintains ₹13,000	Buy	Maintains	₹13,000	+11.91%	Feb 1, 2026

Financial Forecast

Revenue This Year

660.28B

from 488.73B

35.10%

from 488.73B

Revenue Next Year

835.05B

from 660.28B

26.47%

from 660.28B

EPS This Year

166.27

from 269.35

-38.27%

from 269.35

EPS Next Year

255.84

from 166.27

53.87%

from 166.27

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	106.97B	121.92B	176.91B	388.60B	488.73B	660.28B
Revenue Growth	65.89%	13.98%	45.10%	119.66%	25.77%	35.10%
Gross Profit	9.09B	11.64B	16.39B	30.05B	35.96B	48.23B
Gross Margin	8.50%	9.54%	9.27%	7.73%	7.36%	7.30%
Operating Income	2.95B	4.04B	5.37B	12.27B	14.74B	17.99B
Net Income	1.90B	2.56B	3.68B	10.96B	14.39B	10.14B
EPS	-	-	-	-	269.35	166.27
EPS Growth	-	-	-	-	98.35%	-38.27%
Forward PE	80.70	45.92	73.48	80.08	64.61	69.86
Dividend / Share	2.00	3.00	5.00	8.00	10.00	11.48
Dividend Growth	-	50.00%	66.67%	60.00%	25.00%	14.79%
Free Cash Flow	-1.94B	1.48B	-816.59M	-3.68B	9.12B	4.22B
No. Analysts	-	-	-	-	-	29

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	808.1B
Avg	660.3B
Low	564.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	65.3%
Avg	35.1%
Low	15.5%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	166.27
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	-38.3%
Low	-