The agency posted a consolidated web revenue of Rs 280.02 crore for Q1FY26, up 100% from Rs 139.70 crore in the identical quarter final yr.
Income from operations surged 95% year-on-year (YoY) to Rs 12,835.66 crore, in comparison with Rs 6,579.80 crore in Q1FY25. EBITDA for the quarter rose 89% to Rs 484 crore, from Rs 256 crore a yr earlier.
The corporate’s PAT margin improved barely to 2.2% from 2.1% within the year-ago quarter. Nevertheless, web debt elevated to Rs 214 crore as of June 2025, up from Rs 62 crore on the finish of March 2025.
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Following the outcomes, Motilal Oswal Monetary Companies (MOSL) reiterated its ‘Purchase’ ranking on Dixon Applied sciences and raised the goal value to Rs 22,100, up from Rs 20,500. The brokerage cited sustainable quantity progress, supported by joint ventures with Longcheer and Vivo.MOSL additionally revised its FY27 estimates upward by 10%, factoring in increased cell volumes and elevated capital expenditure. It now initiatives a CAGR of 33% in income, 36% in EBITDA, and 45% in PAT over FY25–FY28.Additionally Learn: 7 Nifty500 shares with highest dividend yields. Do you personal any?
The cell section is anticipated to stay the first income driver, whereas the buyer electronics section could face near-term headwinds.
MOSL additionally expects EBITDA margins to enhance steadily, projecting 3.8% in FY26, 4.0% in FY27, and 4.2% in FY28, supported by backward integration and advantages from the PLI scheme.
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(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t symbolize the views of The Financial Instances)
