| Market Cap | ₹81,460.89 CrConsumer Durables |
|---|---|
| Revenue TTM | ₹51,584.8 CrTrailing 12 Months |
| Net Profit Growth | 194.89%Qtr YoY Growth |
| Day RSI | 41.94Neutral Zone |
| Order from | Aviat Networks (India) Private Limited |
Key highlights
- DEAPL signed the Intellectual Property License Agreement with Aviat Networks on 30th September 2026
- Agreement covers technical know-how for manufacture, use, and sale of microwave radios
- Aviat Networks has over 70 years of experience with one million systems sold globally
- Dixon management targets up to 8,000 crore revenue in FY27 from new verticals like microwave radios
- Partnership strengthens Dixon's footprint in critical telecom infrastructure manufacturing
What Is the Partnership?
Dixon Electro Appliances Private Limited (DEAPL), a subsidiary and joint venture of Dixon Technologies, has secured a licensing deal with Aviat Networks (India) Private Limited. Under the terms of this Intellectual Property License Agreement, Aviat has granted DEAPL a limited license to use specified intellectual property, including technical know-how. This license is specifically designated for the manufacture, use, and sale of microwave radios within the Indian market.
The agreement represents a formal transfer of expertise to enable high-tech localized production, aligning with broader domestic manufacturing objectives for critical telecommunications equipment.
Partner Profile
Aviat Networks, Inc. is a leading global expert in wireless transport solutions with a presence in 170 countries. The company provides microwave and millimeter-wave systems to mobile service providers, private network operators, and government organizations.
With a history spanning over seven decades, Aviat manages critical applications for federal, defense, and utility sectors. Their comprehensive suite of products is designed to simplify network operations and provide high-performance connectivity. The company is known for its multi-band innovations and expertise in high-capacity wireless transport, making them a significant technology partner for Dixon's infrastructure ambitions.
What It Unlocks
- Expansion of DEAPL’s manufacturing footprint into the telecom infrastructure vertical
- Localization of high-end microwave radio technology for the Indian domestic market
- Strengthening of the domestic supply chain for critical telecom infrastructure
- Opportunity to capitalize on the increasing demand for 5G backhaul and rural broadband
- Alignment with 'Make in India' initiatives through design-led manufacturing partnerships
Business and Financial Context
Dixon Technologies is India's largest home-grown design-focused and solutions company in the electronics manufacturing services (EMS) sector. The company maintains a diversified portfolio across consumer electronics, home appliances, lighting, and mobile phones. Financial performance has shown significant momentum, with quarterly net profit growing 194.89% year-on-year.
The company reported TTM revenue of ₹51,584.8 crore and holds a market capitalization of ₹81,460.89 crore. This new partnership is part of a broader strategy to diversify beyond smartphone assembly into high-margin segments like telecom and IT hardware.
Management Perspective
This collaboration marks a significant milestone in our strategy to expand DEAPL’s manufacturing footprint and reflects Dixon’s commitment to strengthening manufacturing capabilities in India and supporting the development of a robust domestic supply chain for critical telecom infrastructure.
“DEAPL is pleased to have entered into this Intellectual Property License Agreement with Aviat Networks.”
| Share price | ₹13317 |
|---|---|
| Market capitalisation | ₹81,460.89 Cr |
| Revenue (annual) | ₹48,872.80 Cr |
| Net profit (annual) | ₹1,438.64 Cr |
| P/E (TTM) | 43.4×Sector 44.19× |
| Promoter holding | 28.55%-0.13% QoQ |
| FII holding | 17.87%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Dixon Technologies (India) Limited announcing an Intellectual Property License Agreement for microwave radios. Market figures from a third-party data provider.
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