DIXON TECHNOLOGIES INDIA LTD vs SYRMA SGS TECHNOLOGY LIMITE

DIXON and SYRMA, both in Electronic Production Equipment. Monthly data through 2026-10-09. Change the comparison →

Price, rebased to 100

Share price change since Aug '22, the first month all 2 have a price: DIXON +211%, SYRMA +455%.

65235406576Aug '22Jun '23Apr '24Feb '25Dec '25Oct '2665235406576Aug '22Jan '24Jun '25Oct '26

Rebased at 2022-08. Monthly closes from each company's history.

ROCE

3.0%13.0%23.0%33.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '263.0%13.0%23.0%33.0%Jan '19Aug '21Mar '24Oct '26
DIXON TECHNOLOGIES INDIA LTD (DIXON)SYRMA SGS TECHNOLOGY LIMITE (SYRMA)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

DIXON Net profit growth: +290 pts+290 ptsShare count change: -4 ptsP/E change: -137 pts-137 pts +150% SYRMA Net profit growth: +314 pts+314 ptsShare count change: -15 ptsP/E change: -121 pts-121 pts +178%
Net profit growthShare count changeP/E changeUnexplained

DIXON: share price rose 150% over 3 years: +290 pts from net profit growth, −137 pts from the P/E change, −4 pts from share count change.

SYRMA: share price rose 178% over 3 years: +314 pts from net profit growth, −121 pts from the P/E change, −15 pts from share count change.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

DIXON TECHNOLOGIES INDIA LTD (DIXON) · Electronic Technology

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

SYRMA SGS TECHNOLOGY LIMITE (SYRMA) · Electronic Technology

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricDIXONSYRMA
Share Price₹12774.00₹1719.90
Market Cap₹77672 cr₹33086 cr
P/E62.5x99.4x
P/B24.0x11.2x
P/S18.9x6.7x
ROCE8.0%15.0%
ROE38.3%11.2%
Operating margin6.0%10.0%
Revenue (TTM), indexed to 100₹4119 cr₹4902 cr
Net Profit (TTM)₹1242 cr₹333 cr
Debt / Equity0.1x0.1x
Cash Conversion Cycle35d31d
Promoter holding28.6%42.3%
FII Holding17.9%7.5%
DII Holding28.4%15.9%
12M momentum-17.6%111.3%
Drawdown from Peak-28.8%-3.5%
Cash conversion (3Y)0.3x0.4x
Interest cover31.9x12.2x
Share Count Change (1Y)0.0%8.4%
Volatility (1Y)38.7%44.0%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.