Dixon Technologies Reports FY26 BRSR, Reduces Manufacturing Units

Dixon Technologies Limited has published its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report, submitted on September 3, 2026, outlines significant environmental and social metrics on a standalone basis. One of the notable changes includes a reduction in the number of manufacturing plants from nine to seven, following the sale of two units.

For the year ending March 31, 2026, the company reported a turnover of ₹3,93,048 lakh. Consumer electronics accounted for 54% of this total, with mobile phones contributing 36%. Exports represented a minimal 0.12% of overall turnover.

In terms of energy consumption, Dixon Technologies experienced a decline, with total energy usage falling to 166.11 terajoules (TJ) from 173.78 TJ in the previous financial year. Out of this total, 150.50 TJ came from non-renewable sources, while renewable energy sources contributed 15.61 TJ. The firm also reported a decrease in greenhouse gas emissions, totalling 28,517.53 metric tonnes of carbon dioxide equivalent, down from 30,340.53 metric tonnes in FY25.

Water withdrawal saw a reduction as well, decreasing to 62,123.31 kilolitres from 71,750.39 kilolitres in the prior year. The report indicated that despite an increase in waste generation—rising to 1,419.88 metric tonnes from 960.57 metric tonnes in FY25—Dixon Technologies maintains a zero-waste-to-landfill policy across its facilities.

The workforce comprised 1,220 permanent employees and 3,163 workers, with women representing 26.05% of the total permanent and contractual workforce. The company has one female director on its board, accounting for 12.5% of the total.

Notably, there were no incidents of fatalities or high-consequence injuries reported during the year. The increase in waste generation, juxtaposed with reduced energy consumption, suggests a possible shift in production mix or intensity.

Dixon Technologies engaged in a one-on-one meeting with Quest Investment Managers on September 1, 2026, as part of its investor relations efforts. The session, which took place virtually at 10:30 a.m., did not involve presentations or the sharing of any unpublished price-sensitive information. Ashish Kumar, President and Chief Legal Counsel & Group Company Secretary, confirmed the meeting complied with all relevant listing obligations under the Securities and Exchange Board of India (SEBI) regulations.

In light of these developments, questions arise regarding the strategic implications of reducing manufacturing units on the company’s future capacity utilisation and potential for margin expansion. Additionally, with an export contribution nearing zero, stakeholders are curious about Dixon Technologies' strategies to diversify beyond domestic markets. Operational initiatives targeting the significant increase in waste generation while adhering to zero-waste goals also remain a focal point for the company moving forward.