{"id":174622,"date":"2026-07-28T15:37:20","date_gmt":"2026-07-28T10:07:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=174622"},"modified":"2026-07-28T15:37:22","modified_gmt":"2026-07-28T10:07:22","slug":"dixon-technologies-vs-havells-india-comparison","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/","title":{"rendered":"Dixon Technologies vs Havells India: Which Stock Should You Track"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Dixon Technologies vs Havells India: India&#8217;s largest EMS company by revenue vs a leading FMEG and consumer electricals major. Dixon Technologies sector: Electronics Manufacturing Services. Havells &#8230;<\/em><\/p>\n<p>Dixon Technologies vs Havells India is a comparison investors search for because the two companies represent genuinely different positions within Indian markets. This Dixon Technologies vs Havells India breakdown goes beyond generic labels and looks at real numbers: reach, products, the latest results each company has declared, and how each stock is positioned today. Understanding Dixon Technologies vs Havells India this way is more useful than a surface-level label, because it shows where each company actually stands rather than how it describes itself.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Dixon_Technologies_vs_Havells_India_Reach_and_Market_Position\" title=\"Dixon Technologies vs Havells India: Reach and Market Position\">Dixon Technologies vs Havells India: Reach and Market Position<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Dixon_Technologies_vs_Havells_India_Key_Products_and_Business_Mix\" title=\"Dixon Technologies vs Havells India: Key Products and Business Mix\">Dixon Technologies vs Havells India: Key Products and Business Mix<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Dixon_Technologies_vs_Havells_India_Latest_Results\" title=\"Dixon Technologies vs Havells India: Latest Results\">Dixon Technologies vs Havells India: Latest Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Dixon_Technologies_vs_Havells_India_Stock_and_Valuation\" title=\"Dixon Technologies vs Havells India: Stock and Valuation\">Dixon Technologies vs Havells India: Stock and Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Dixon_Technologies_vs_Havells_India_Quick_Comparison_Table\" title=\"Dixon Technologies vs Havells India: Quick Comparison Table\">Dixon Technologies vs Havells India: Quick Comparison Table<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#What_is_the_main_difference_between_Dixon_Technologies_and_Havells_India\" title=\"What is the main difference between Dixon Technologies and Havells India?\">What is the main difference between Dixon Technologies and Havells India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#How_do_Dixon_Technologies_and_Havells_Indias_latest_results_compare\" title=\"How do Dixon Technologies and Havells India&#8217;s latest results compare?\">How do Dixon Technologies and Havells India&#8217;s latest results compare?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#What_sector_do_Dixon_Technologies_and_Havells_India_operate_in\" title=\"What sector do Dixon Technologies and Havells India operate in?\">What sector do Dixon Technologies and Havells India operate in?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#Should_I_invest_in_Dixon_Technologies_or_Havells_India\" title=\"Should I invest in Dixon Technologies or Havells India?\">Should I invest in Dixon Technologies or Havells India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#What_are_the_key_products_of_Dixon_Technologies\" title=\"What are the key products of Dixon Technologies?\">What are the key products of Dixon Technologies?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#What_are_the_key_products_of_Havells_India\" title=\"What are the key products of Havells India?\">What are the key products of Havells India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/dixon-technologies-vs-havells-india-comparison\/#How_do_Dixon_Technologies_and_Havells_India_compare_on_market_position\" title=\"How do Dixon Technologies and Havells India compare on market position?\">How do Dixon Technologies and Havells India compare on market position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Dixon_Technologies_vs_Havells_India_Reach_and_Market_Position\"><\/span><strong>Dixon Technologies vs Havells India: Reach and Market Position<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the Dixon Technologies vs Havells India comparison, Dixon Technologies stands out for India&#8217;s largest electronics manufacturing services (EMS) company, manufacturing for global brands including Samsung, Motorola, Nokia and Reliance. This scale gives Dixon Technologies a distinct position within Electronics Manufacturing Services that shapes how it competes.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=dixon-technologies-vs-havells-india-reach\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>Havells India, on the other hand, is built around a Fast Moving Electrical Goods (FMEG) major with a broad consumer and industrial distribution network across India. Comparing Dixon Technologies vs Havells India on reach alone shows two different growth strategies, not a single verdict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dixon_Technologies_vs_Havells_India_Key_Products_and_Business_Mix\"><\/span><strong>Dixon Technologies vs Havells India: Key Products and Business Mix<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Dixon Technologies&#8217;s business runs on smartphones, LED TVs, home appliances, lighting products, and IT hardware built under contract for global and domestic brands. This product mix is central to any Dixon Technologies vs Havells India comparison, since it explains where each company&#8217;s revenue actually comes from.<\/p>\n<p>Havells India instead leans on fans, cables and wires, switchgear, lighting, water heaters, and small domestic appliances (owns the Lloyd brand for air conditioners). The Dixon Technologies vs Havells India product comparison shows these are genuinely different businesses, not just different brand names in the same category.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dixon_Technologies_vs_Havells_India_Latest_Results\"><\/span><strong>Dixon Technologies vs Havells India: Latest Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Looking at real numbers rather than claims, Dixon Technologies&#8217;s latest disclosed results show FY26 revenue of Rs 48,873 crore and profit of Rs 1,644 crore; Q1 FY27 results were not yet declared at the time of writing (board meeting scheduled July 31, 2026). This is the clearest evidence available for the Dixon Technologies vs Havells India comparison on Dixon Technologies&#8217;s side.<\/p>\n<p>Havells India&#8217;s latest disclosed results show Q1 FY27 consolidated net profit of Rs 289.71 crore, down 16.6% YoY on higher ad spend and input costs, even as revenue grew about 19% YoY to around Rs 6,518-6,572 crore. Weighing Dixon Technologies vs Havells India on actual results, rather than headline positioning, is what separates a useful comparison from a generic one.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Dixon Technologies and Havells India Fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dixon_Technologies_vs_Havells_India_Stock_and_Valuation\"><\/span><strong>Dixon Technologies vs Havells India: Stock and Valuation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On the market side, Dixon Technologies is described as: Market cap around Rs 84,657 crore, down 17.1% over the past year. Havells India is described as: Stock down about 16-22% over the past year despite the revenue growth. The Dixon Technologies vs Havells India valuation gap often reflects how the market is pricing each company&#8217;s growth and risk profile differently.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dixon_Technologies_vs_Havells_India_Quick_Comparison_Table\"><\/span><strong>Dixon Technologies vs Havells India: Quick Comparison Table<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Parameter<\/th>\n<th><a href=\"https:\/\/univest.in\/user\/stocks\/dixon\/dixon-technologies-(india)-ltd-share-price-today\">Dixon Technologies<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/havells\/havells-india-ltd-share-price-today\">Havells India<\/a><\/th>\n<\/tr>\n<tr>\n<td>Sector<\/td>\n<td>Electronics Manufacturing Services<\/td>\n<td>Electricals<\/td>\n<\/tr>\n<tr>\n<td>Market position<\/td>\n<td>India&#8217;s largest EMS company by revenue<\/td>\n<td>a leading FMEG and consumer electricals major<\/td>\n<\/tr>\n<tr>\n<td>Reach<\/td>\n<td>India&#8217;s largest electronics manufacturing services (EMS) company, manufacturing for global<\/td>\n<td>a Fast Moving Electrical Goods (FMEG) major with a broad consumer and industrial distribut<\/td>\n<\/tr>\n<tr>\n<td>Latest results<\/td>\n<td>FY26 revenue of Rs 48,873 crore and profit of Rs 1,644 crore; Q1 FY27 results were not yet declared<\/td>\n<td>Q1 FY27 consolidated net profit of Rs 289.71 crore, down 16.6% YoY on higher ad spend and input cost<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Dixon Technologies vs Havells India ultimately comes down to two companies solving similar problems in different ways. Dixon Technologies brings India&#8217;s largest EMS company by revenue, while Havells India brings a leading FMEG and consumer electricals major. Investors weighing Dixon Technologies vs Havells India should track both companies&#8217; upcoming results and valuation gap rather than picking a side on reputation alone. This Dixon Technologies vs Havells India breakdown is a starting point, not a final verdict.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Dixon Technologies and Havells India live price and get daily stock recommendations.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_main_difference_between_Dixon_Technologies_and_Havells_India\"><\/span><strong>What is the main difference between Dixon Technologies and Havells India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main difference in the Dixon Technologies vs Havells India comparison lies in scale and business mix. Dixon Technologies is built on India&#8217;s largest EMS company by revenue, while Havells India is positioned around a leading FMEG and consumer electricals major.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_Dixon_Technologies_and_Havells_Indias_latest_results_compare\"><\/span><strong>How do Dixon Technologies and Havells India&#8217;s latest results compare?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Comparing Dixon Technologies vs Havells India on latest disclosed results: Dixon Technologies reported FY26 revenue of Rs 48,873 crore and profit of Rs 1,644 crore; Q1 FY27 results were not yet declared at the time of writing (board meeting sc, while Havells India reported Q1 FY27 consolidated net profit of Rs 289.71 crore, down 16.6% YoY on higher ad spend and input costs, even as revenue grew about 19% YoY to.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_do_Dixon_Technologies_and_Havells_India_operate_in\"><\/span><strong>What sector do Dixon Technologies and Havells India operate in?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dixon Technologies operates in Electronics Manufacturing Services and Havells India operates in Electricals. Even where the sectors overlap, the Dixon Technologies vs Havells India comparison shows different product mixes and market positions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_Dixon_Technologies_or_Havells_India\"><\/span><strong>Should I invest in Dixon Technologies or Havells India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Both Dixon Technologies and Havells India have distinct strengths within their space. Investors comparing Dixon Technologies vs Havells India should review the latest quarterly results, valuation and their own risk profile, and consult a financial advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_products_of_Dixon_Technologies\"><\/span><strong>What are the key products of Dixon Technologies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dixon Technologies&#8217;s key products and business lines include smartphones, LED TVs, home appliances, lighting products, and IT hardware built under contract for global and domestic brands.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_products_of_Havells_India\"><\/span><strong>What are the key products of Havells India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Havells India&#8217;s key products and business lines include fans, cables and wires, switchgear, lighting, water heaters, and small domestic appliances (owns the Lloyd brand for air conditioners).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_Dixon_Technologies_and_Havells_India_compare_on_market_position\"><\/span><strong>How do Dixon Technologies and Havells India compare on market position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On market position, Dixon Technologies holds India&#8217;s largest EMS company by revenue, while Havells India holds a leading FMEG and consumer electricals major. The Dixon Technologies vs Havells India comparison shows both companies lead in different ways rather than one being universally ahead.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the main difference between Dixon Technologies and Havells India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main difference in the Dixon Technologies vs Havells India comparison lies in scale and business mix. 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The Dixon Technologies vs Havells India comparison shows both companies lead in different ways rather than one being universally ahead.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dixon Technologies vs Havells India compared on reach, products, latest results and stock performance. 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