Comparison · NSE · data 2026-11-02
Dixon Technologies (India) Ltd. vs Hitachi Energy India Limited
In plain words
Size: Hitachi Energy India Limited is about 1.8 times the market value of Dixon Technologies (India) Ltd..
Valuation (P/E): Hitachi Energy India Limited 108.6 vs Dixon Technologies (India) Ltd. 46.5.
Return on equity: Dixon Technologies (India) Ltd. 37.4% vs Hitachi Energy India Limited 21%.
Profit growth over 3 years: Hitachi Energy India Limited 119.1% a year vs Dixon Technologies (India) Ltd. 77.9% a year.
Debt to equity: Dixon Technologies (India) Ltd. 0.21 vs Hitachi Energy India Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| DIXON | POWERINDIA | |
|---|---|---|
| Price | ₹11,825 | ₹28,015 |
| Market cap | ₹67,288 cr | ₹1,22,841 cr |
| P/E | 46.5 | 108.6 |
| P/B | 12.3 | — |
| ROE | 37.4% | 21.0% |
| ROCE | 21.5% | 24.6% |
| Debt / equity | 0.21 | 0.02 |
| Operating margin | 2.5% | 15.4% |
| Dividend yield | 0.09% | 0.03% |
| Sales growth, 3 years (yearly) | 58.6% | 22.2% |
| Profit growth, 3 years (yearly) | 77.9% | 119.1% |
| 1-year return | -24.8% | 56.3% |
| Revenue, last 12 months | ₹58,523 cr | ₹9,163 cr |
| Net profit, last 12 months | ₹1,551 cr | ₹1,150 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹344 cr | ₹294 cr |
| Quarter profit vs a year earlier | -48.7% | +123.5% |
| Promoter holding | 28.50% | 71.31% |
| Health check | Average (5.1/10) | Strong (6.7/10) |
Common questions
Which has a higher P/E, Dixon Technologies (India) Ltd. or Hitachi Energy India Limited?
Hitachi Energy India Limited trades at the higher P/E (108.6 against 46.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Dixon Technologies (India) Ltd. (37.4% against 21.0%).
Which carries more debt?
Dixon Technologies (India) Ltd. has the higher debt-to-equity ratio (0.21 against 0.02).