Dixon Technologies aims to produce 32-33 million mobile units during FY27. The company plans to nearly triple its annual camera module capacity through its subsidiary, Q Tech. This expansion targets 180-190 million units within the next 15-18 months.
Dixon's stock price fell approximately 3% on August 3, 2026. While Q1 revenue grew 21% year-on-year, EBITDA margins contracted during the period.
Nomura remains bullish, citing growth visibility from the new Vivo joint venture and component manufacturing. Other brokerages flagged concerns over expensive valuations and margin pressure following the conclusion of the mobile PLI 1.0 scheme.