Dixon Technologies Share: Govt grants ECMS approval for manufacturing cameras and more

Synopsis: The shares of the company gained around 1 percent after the company announced its approval receipt from the Ministry of Electronics and Information Technology (MeitY), GOI, for expanding the manufacturing portfolio through its subsidiaries.

The shares of the company that operates in the electronic products vertical, such as consumer electronics, lighting, home appliances, closed-circuit television cameras (CCTVs), and mobile phones, are in focus followed by receipt of approvals for electronics manufacturing under ECMs.

With a market capitalization of Rs 74,100 crore, Dixon Technologies (India) Ltd’s share on Monday made a day high of Rs 12280.20 per share, up by 0.8 percent from its previous day’s close price of Rs 12181.20 per share. It has delivered a return of 298 percent over the last five years.

What the news

Dixon Technologies Limited’s Subsidiaries, Kunshan Q Tech Microelectronics (India) Private Limited and Dixon Electroconnect Private Limited (DEPL) have been approved by the Ministry of Electronics and Information Technology (MeitY), Government of India, under the Electronics Component Manufacturing Scheme (ECMS) on 2nd January, 2026.

The approval allows Kunshan Q Tech to undertake the manufacturing of the Camera Module Subassembly and DEPL to undertake the manufacturing of Optical Transceiver-SFP under ECMS. The management added that this approval will strengthen the company’s electronics component manufacturing capabilities in India and enhance its competitiveness.

The company has recently acquired a 51 percent stake in Q Tech for the manufacturing and supply of camera and fingerprint modules for smartphones, IoT & automotive applications. On the other hand, DEPL is a Wholly Owned Subsidiary of the company.

About the company

Dixon Technologies (India) Limited, incorporated in 1993, is an Electronic Manufacturing Services (EMS) company with operations in the electronic products vertical, such as consumer electronics, lighting, home appliances, closed-circuit television cameras (CCTVs), and mobile phones. It also undertakes reverse logistics operations. Besides, it manufactures security surveillance equipment, wearables & audibles, and AC-PCBs.

Financial highlights,  revenue from operations grew by  28.7 percent to Rs 14,855 crore in Q2 FY26, corresponding to the same quarter in the last financial year. Net Profit grew by 81 percent YoY to Rs 746 crore in Q2 FY26, resulting a ROCE of 40 percent and ROE of 32.8 percent, representing efficient operations of the company.

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