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    DIXON TECHNOLOGIES (INDIA) LTD.

    25 November 2024 | 03:56

    Industry >> Consumer Electronics

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    ISIN No INE935N01020 BSE Code / NSE Code 540699 / DIXON Book Value (Rs.) 282.17 Face Value 2.00
    Bookclosure 25/09/2024 52Week High 15969 EPS 61.22 P/E 256.84
    Market Cap. 94453.88 Cr. 52Week Low 5265 P/BV / Div Yield (%) 55.73 / 0.03 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated as `Weston Utilities Limited' at Alwar, Rajasthan on January 15, 1993 under the Companies Act, 1956 as a public limited company. The certificate of commencement of business was issued by the RoC, Jaipur on January 28, 1993. The name of the Company was changed to `Dixon Utilities and Exports Limited' pursuant to a resolution of the Shareholders on July 12, 1993 for business reasons and a fresh certificate of incorporation consequent on change of name was issued by the RoC, Jaipur on July 14, 1993. Subsequently, pursuant to a resolution of the Shareholders on November 20, 2002, the Company was converted to a private limited company and the name of the Company was changed to `Dixon Utilities and Exports Private Limited' and a fresh certificate of incorporation consequent upon change of name/status was issued by the RoC, Jaipur on December 10, 2002. Pursuant to a resolution of the Shareholders passed on September 29, 2005 the name of the Company was further changed to `Dixon Technologies (India) Private Limited' to emphasise the relevance of technology in the operations of the Company and a fresh certificate of incorporation consequent on change of name was issued by the RoC, Jaipur on January 3, 2006.

    The Company was converted to a public limited company pursuant to a resolution of the Shareholders on April 18, 2017 and a fresh certificate of incorporation consequent upon conversion from private company to public company was issued by the RoC on May 2, 2017 in the name of "Dixon Technologies (India) Limited".

    Key Events, Milestones and Achievements

    1994

    - Commencement of manufacture of colour televisions

    1996

    - Establishment of Noida I Facility

    2008

    - Entered the lighting products vertical with manufacture of CFL products

    - Private equity investment by IBEF and IBEF 1

    - Commencement of reverse logistics operations

    2010

    - Commencement of manufacturing of washing machines by the Subsidiary, DAPL

    2009 and 2010

    - Commencement of commercial manufacturing in the metal sheet and moulding segments by the Subsidiary, DBMPL

    2014

    - Achieved more than ? 10,000 million of revenue from operations on a standalone basis

    2015

    - Acquisition of remaining shareholding of the erstwhile subsidiaries DAPL and DBMPL, pursuant to which they became the wholly owned subsidiaries

    2016

    - Commencement of manufacture of mobile phones through the joint venture, PEPL

    - Granted approval by the GoAP for setting up a manufacturing facility in Tirupati

    2017

    - Amalgamation of DAPL and DBMPL, the wholly owned subsidiaries, with and into the Company

    - Entering into a joint venture agreement with Aditya Infotech Limited for the manufacture of security systems including CCTVs and DVRs, through the joint venture company, ADTPL

    Awards and accreditations

    2007

    - ISO 14001:2004 by United Registrar of Systems for compliance by the Company with environmental management system in the manufacture and supply of DVD, LCD/LED TV, FIM/LCM, Induction Cooker, CFL Lamp, LED Lamp, Ballast and Circuit Assembly at the Dehradun I Facility

    2009

    - ISO 14001:2004 by United Registrar of Systems for compliance by the Company with environmental management system in the manufacture and supply of PCB assembly for consumer and industrial electronics products and lighting products at the Noida I Facility

    - ISO 9001:2008 by United Registrar of Systems for compliance by the Company with quality management system in the manufacture and supply of CFL (Compact Fluorescent Lamp), STB (Set Top Box) and its Refurbishment at the Noida III Facility

    - ISO 14001:2004 by United Registrar of Systems for compliance by the Company with environmental management system in the manufacture and supply of CFL (Compact Fluorescent Lamp), STB (Set Top Box) and its Refurbishment at the Noida III Facility

    - ISO 9001:2008 by United Registrar of Systems for compliance by the Company with quality management system in the manufacture and supply of DVD, LCD/LED TV, FIM/LCM, Induction Cooker, CFL Lamp, LED Lamp, Ballast and Circuit Assembly at the Dehradun I Facility

    2010

    - ISO 9001:2008 by United Registrar of Systems for compliance by the Company with quality management system in the manufacture and supply of PCB assembly for consumer and industrial electronics products and lighting products at the Noida I Facility

    - ISO 9001:2008 by United Registrar of Systems for compliance by DAPL with quality management system in the manufacture and supply of washing machines at the Dehradun II Facility

    2011

    - ISO 9001:2008 by United Registrar of Systems for compliance by DBMPL with quality management system in the manufacture and supply of moulding items for washing machines, CTVs and DVDs at the Dehradun III Facility

    - `Best OEM Award 2011' awarded to the Company by CEAMA

    2016

    - ISO 9001:2008 by United Registrar of Systems for compliance by PEPL with quality management system in the manufacture of mobile phones at the Noida II Facility

    - ISO 14001: 2004 by United Registrar of Systems for compliance by PEPL with environmental management system in the manufacture of mobile phones at the Noida II Facility

    - Development Excellence Award (Semi-Automatic Washing Machine) awarded by Panasonic India Private Limited to DAPL

    2017

    - ISO 14001:2015 by United Registrar of Systems for compliance with environmental management system in the manufacture and supply of washing machines at the Dehradun II Facility

    2018 -Dixon Technologies Commences Production Of Mi LED Tvs For Xiaomi. --The company has been awarded "Best Employer Brand" in North India at "World CSR Day and World Sustainability".

    2019 -Dixon bestowed with the " Award of Excellence" by University of engineering & Management at IIT.

    2020 -Dixon's Wholly Owned Subsidiary-Padget Electronics Enters Into Agreement With Motorola For Manufacturing of Smart Phones. -Contract manufacturer of the year award -CNBC AWAAZ CEO award.

    2021 -Dixon Enters Into Agreement With Boat For Manufacturing Of Twin Wireless Speakers. -Dixon inks pact with Bharti Enterprises to form JV for manufacturing telecom products. -Dixon Technologies Partners With BSH For Manufacturing Of Fully Automatic Washing Machine. -Dixon Tech to manufacture laptops for Acer India. -Dixon Technologies has been selected as the winner for the Voice & Data Excellence Awards 2021.

    2022 -Dixon Signs Agreement With Google to Sub License Rights Relating to Android & Google Tv. -Dixon has won the Special Jury Award for the Most Enterprising First Generation Business at the Money control Family Business Leader Awards.

    2023 -Dixon Inaugurated a New Mobile plant at Sector-68, Noida.

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