Comparison · NSE · data 2026-11-03
Dixon Technologies (India) Ltd. vs Syrma SGS Technology Limited
In plain words
Size: Dixon Technologies (India) Ltd. is about 2.2 times the market value of Syrma SGS Technology Limited.
Valuation (P/E): Syrma SGS Technology Limited 69.1 vs Dixon Technologies (India) Ltd. 48.5.
Return on equity: Dixon Technologies (India) Ltd. 37.4% vs Syrma SGS Technology Limited 13.8%.
Profit growth over 3 years: Dixon Technologies (India) Ltd. 77.9% a year vs Syrma SGS Technology Limited 38.6% a year.
Debt to equity: Dixon Technologies (India) Ltd. 0.21 vs Syrma SGS Technology Limited 0.14.
Differences in the numbers, not a recommendation of either stock.
Side by side
| DIXON | SYRMA | |
|---|---|---|
| Price | ₹12,319 | ₹1,512 |
| Market cap | ₹67,288 cr | ₹31,256 cr |
| P/E | 48.5 | 69.1 |
| P/B | 12.8 | 9.6 |
| ROE | 37.4% | 13.8% |
| ROCE | 21.5% | 18.6% |
| Debt / equity | 0.21 | 0.14 |
| Operating margin | 2.5% | 9.5% |
| Dividend yield | 0.09% | 0.09% |
| Sales growth, 3 years (yearly) | 58.6% | 33.0% |
| Profit growth, 3 years (yearly) | 77.9% | 38.6% |
| 1-year return | -21.6% | 83.3% |
| Revenue, last 12 months | ₹58,523 cr | ₹6,307 cr |
| Net profit, last 12 months | ₹1,551 cr | ₹421 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹344 cr | ₹124 cr |
| Quarter profit vs a year earlier | -48.7% | +87.2% |
| Promoter holding | 28.50% | 41.63% |
| Health check | Average (5.1/10) | Strong (6.5/10) |
Common questions
Which has a higher P/E, Dixon Technologies (India) Ltd. or Syrma SGS Technology Limited?
Syrma SGS Technology Limited trades at the higher P/E (69.1 against 48.5). 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 13.8%).
Which carries more debt?
Dixon Technologies (India) Ltd. has the higher debt-to-equity ratio (0.21 against 0.14).