Duncan Engineering Ltd
Incorporated in 1962, Duncan Engineering Ltd is a manufacturer of fluid power and automation products[1]
- Market Cap ₹ 137 Cr.
- Current Price ₹ 371
- High / Low ₹ 565 / 352
- Stock P/E 27.9
- Book Value ₹ 158
- Dividend Yield 0.81 %
- ROCE 13.2 %
- ROE 9.53 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 32.9 to 24.3 days.
Cons
- Earnings include an other income of Rs.2.94 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 69.13 | 64.15 | 36.47 | 34.21 | 40.72 | 44.46 | 43.38 | 41.48 | 55.77 | 70.10 | 65.10 | 84.71 | 76.39 | |
| 68.22 | 67.25 | 39.76 | 37.00 | 37.37 | 38.88 | 37.52 | 36.97 | 46.52 | 56.97 | 56.22 | 77.42 | 69.66 | |
| Operating Profit | 0.91 | -3.10 | -3.29 | -2.79 | 3.35 | 5.58 | 5.86 | 4.51 | 9.25 | 13.13 | 8.88 | 7.29 | 6.73 |
| OPM % | 1.32% | -4.83% | -9.02% | -8.16% | 8.23% | 12.55% | 13.51% | 10.87% | 16.59% | 18.73% | 13.64% | 8.61% | 8.81% |
| 4.12 | 0.81 | 0.49 | 0.88 | 0.19 | -0.07 | -0.75 | 0.52 | 0.58 | 1.43 | 2.14 | 2.56 | 2.94 | |
| Interest | 2.51 | 2.29 | 1.96 | 2.17 | 1.56 | 0.74 | 0.41 | 0.20 | 0.17 | 0.16 | 0.10 | 0.72 | 0.75 |
| Depreciation | 2.51 | 3.30 | 1.32 | 1.79 | 1.83 | 1.67 | 1.39 | 1.08 | 1.19 | 1.47 | 1.68 | 2.39 | 2.74 |
| Profit before tax | 0.01 | -7.88 | -6.08 | -5.87 | 0.15 | 3.10 | 3.31 | 3.75 | 8.47 | 12.93 | 9.24 | 6.74 | 6.18 |
| Tax % | -900.00% | -23.22% | 14.14% | 0.00% | 0.00% | 10.32% | 1.21% | -113.07% | 26.33% | 23.43% | 25.54% | 22.85% | |
| 0.10 | -6.05 | -6.93 | -5.88 | 0.15 | 2.78 | 3.26 | 7.99 | 6.24 | 9.90 | 6.87 | 5.21 | 4.93 | |
| EPS in Rs | 0.27 | -16.37 | -18.75 | -15.91 | 0.41 | 7.52 | 8.82 | 21.62 | 16.88 | 26.79 | 18.59 | 14.10 | 13.33 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.74% | 18.85% | 21.31% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 14% |
| 3 Years: | 15% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 1% |
| 3 Years: | -6% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 27% |
| 3 Years: | -1% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 18% |
| 3 Years: | 15% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 |
| Reserves | 31.49 | 25.44 | 18.52 | 12.66 | 12.78 | 15.49 | 18.67 | 26.69 | 32.97 | 42.71 | 49.22 | 53.15 | 54.71 |
| 16.27 | 18.38 | 18.59 | 14.62 | 9.30 | 6.73 | 0.70 | 0.25 | 1.19 | 1.48 | 0.88 | 3.05 | 4.36 | |
| 11.95 | 17.30 | 13.26 | 9.54 | 9.92 | 8.91 | 9.58 | 11.44 | 13.22 | 15.28 | 14.69 | 15.64 | 13.48 | |
| Total Liabilities | 63.41 | 64.82 | 54.07 | 40.52 | 35.70 | 34.83 | 32.65 | 42.08 | 51.08 | 63.17 | 68.49 | 75.54 | 76.25 |
| 28.64 | 27.15 | 23.92 | 20.84 | 19.43 | 16.49 | 15.75 | 15.56 | 15.83 | 16.67 | 16.55 | 18.73 | 17.78 | |
| CWIP | 0.02 | 0.22 | 0.06 | 0.17 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.15 | 0.01 | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 1.00 | 8.95 | 23.19 | 23.02 | 26.90 | 27.89 |
| 34.60 | 37.44 | 30.08 | 19.48 | 16.27 | 18.29 | 16.90 | 25.52 | 26.30 | 23.31 | 28.92 | 29.91 | 30.58 | |
| Total Assets | 63.41 | 64.82 | 54.07 | 40.52 | 35.70 | 34.83 | 32.65 | 42.08 | 51.08 | 63.17 | 68.49 | 75.54 | 76.25 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.95 | 0.43 | 1.61 | 4.33 | 6.87 | 4.79 | 7.37 | 6.17 | 9.25 | 13.79 | 2.77 | 6.62 | |
| 4.26 | -1.86 | -1.51 | 1.84 | -0.21 | 0.49 | -2.90 | -5.03 | -8.77 | -15.13 | -0.73 | -4.29 | |
| -4.06 | -0.24 | 0.05 | -6.15 | -6.88 | -3.27 | -6.44 | -0.65 | 0.27 | 0.13 | -1.08 | -1.99 | |
| Net Cash Flow | 1.15 | -1.67 | 0.15 | 0.02 | -0.22 | 2.00 | -1.97 | 0.49 | 0.75 | -1.21 | 0.95 | 0.33 |
| Free Cash Flow | 5.15 | -1.57 | 0.31 | 5.50 | 6.61 | 5.27 | 6.79 | 5.33 | 8.07 | 11.74 | 1.53 | 3.82 |
| CFO/OP | 104% | -14% | -49% | -155% | 205% | 87% | 125% | 137% | 101% | 99% | 53% | 114% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 92.50 | 91.61 | 129.11 | 80.77 | 48.67 | 45.24 | 39.29 | 51.12 | 37.89 | 31.03 | 43.45 | 24.26 |
| Inventory Days | 88.82 | 127.71 | 179.91 | 145.66 | 143.67 | 110.18 | 133.40 | 117.60 | 114.68 | 103.75 | 128.30 | 108.04 |
| Days Payable | 72.61 | 116.38 | 145.41 | 98.86 | 110.84 | 66.14 | 81.43 | 94.66 | 81.97 | 71.96 | 69.27 | 49.46 |
| Cash Conversion Cycle | 108.71 | 102.94 | 163.61 | 127.56 | 81.50 | 89.28 | 91.27 | 74.07 | 70.61 | 62.83 | 102.48 | 82.84 |
| Working Capital Days | 29.30 | 3.07 | -24.72 | -50.15 | -23.84 | 6.65 | 42.07 | 33.97 | 22.84 | 12.70 | 36.72 | 21.54 |
| ROCE % | -0.06% | -11.36% | -9.33% | -10.36% | 5.88% | 17.72% | 22.29% | 14.52% | 25.26% | 30.11% | 18.45% | 13.18% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Finished Goods Inventory Value INR Lakhs |
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| Customer Advance Payments (Pipeline Proxy) INR Lakhs |
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| Gross Block of Plant & Equipment (Investment Proxy) INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Submitted Regulation 74(5) confirmation certificate for quarter ended 31 March 2026.
- Closure of Trading Window 26 Mar
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Jan - Copy of Unaudited Financial Results for the quarter ended 31st December, 2025 published in Financial Express (English) and Loksatta (Marathi).
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
23 Jan - Board terminated JVA with Jubail Pearl; no investments committed; effective January 22, 2026.
- Results- Unaudited Financial Results For The Quarter Ended December 31, 2025 22 Jan
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
DEL is an ISO 9001 certified company in the field of industrial pneumatics and off-highway tyre valves and accessories. It has a full range of rotary actuators with torque capacity 4Nm to 4000Nm. Company manufactures automotive tyre valves and pneumatic products, such as air cylinders, valves, and accessories at its plant at Ranjangaon, Pune