Duncan Engineering Ltd

Duncan Engineering Ltd

₹ 395 1.28%
27 May - close price
About

Incorporated in 1962, Duncan Engineering Ltd is a manufacturer of fluid power and automation products[1]

Key Points

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

  • Market Cap 146 Cr.
  • Current Price 395
  • High / Low 565 / 352
  • Stock P/E 30.1
  • Book Value 164
  • Dividend Yield 0.76 %
  • ROCE 11.0 %
  • ROE 8.27 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 21.0%

Cons

  • Company has a low return on equity of 10.4% over last 3 years.
  • Debtor days have increased from 39.8 to 51.7 days.
  • Working capital days have increased from 76.2 days to 170 days

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
18.47 15.64 16.00 15.03 18.43 15.79 28.40 19.98 20.54 18.01 18.22 19.62 24.82
15.52 13.07 13.87 13.42 15.94 14.83 24.99 18.85 18.77 16.39 16.47 18.03 22.41
Operating Profit 2.95 2.57 2.13 1.61 2.49 0.96 3.41 1.13 1.77 1.62 1.75 1.59 2.41
OPM % 15.97% 16.43% 13.31% 10.71% 13.51% 6.08% 12.01% 5.66% 8.62% 9.00% 9.60% 8.10% 9.71%
0.37 0.58 0.49 0.51 0.63 0.59 0.61 0.61 0.79 0.77 0.81 0.57 0.13
Interest 0.08 0.03 0.04 0.02 0.01 0.01 0.10 0.12 0.49 0.07 0.08 0.11 0.12
Depreciation 0.40 0.41 0.42 0.43 0.42 0.46 0.58 0.67 0.68 0.69 0.69 0.68 0.69
Profit before tax 2.84 2.71 2.16 1.67 2.69 1.08 3.34 0.95 1.39 1.63 1.79 1.37 1.73
Tax % 23.24% 25.46% 25.93% 25.15% 25.65% 26.85% 25.75% 26.32% 9.35% 23.93% 21.23% 24.82% 32.37%
2.18 2.02 1.61 1.25 2.00 0.79 2.47 0.70 1.25 1.24 1.41 1.03 1.18
EPS in Rs 5.90 5.47 4.36 3.38 5.41 2.14 6.68 1.89 3.38 3.35 3.81 2.79 3.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
64.15 36.47 34.21 40.72 44.46 43.38 41.48 55.77 70.10 65.10 84.71 80.67
67.25 39.76 37.00 37.37 38.88 37.52 36.97 46.52 56.97 56.22 77.42 73.30
Operating Profit -3.10 -3.29 -2.79 3.35 5.58 5.86 4.51 9.25 13.13 8.88 7.29 7.37
OPM % -4.83% -9.02% -8.16% 8.23% 12.55% 13.51% 10.87% 16.59% 18.73% 13.64% 8.61% 9.14%
0.81 0.49 0.88 0.19 -0.07 -0.75 0.52 0.58 1.43 2.14 2.56 2.27
Interest 2.29 1.96 2.17 1.56 0.74 0.41 0.20 0.17 0.16 0.10 0.72 0.37
Depreciation 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 -7.88 -6.08 -5.87 0.15 3.10 3.31 3.75 8.47 12.93 9.24 6.74 6.53
Tax % -23.22% 14.14% 0.00% 0.00% 10.32% 1.21% -113.07% 26.33% 23.43% 25.54% 22.85% 25.57%
-6.05 -6.93 -5.88 0.15 2.78 3.26 7.99 6.24 9.90 6.87 5.21 4.86
EPS in Rs -16.37 -18.75 -15.91 0.41 7.52 8.82 21.62 16.88 26.79 18.59 14.10 13.15
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.74% 18.85% 21.31% 22.84%
Compounded Sales Growth
10 Years: 8%
5 Years: 14%
3 Years: 5%
TTM: -5%
Compounded Profit Growth
10 Years: 10%
5 Years: -9%
3 Years: -21%
TTM: -7%
Stock Price CAGR
10 Years: 19%
5 Years: 19%
3 Years: -1%
1 Year: -2%
Return on Equity
10 Years: 13%
5 Years: 14%
3 Years: 10%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
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
Reserves 25.44 18.52 12.66 12.78 15.49 18.67 26.69 32.97 42.71 49.22 53.15 57.06
18.38 18.59 14.62 9.30 6.73 0.70 0.25 1.19 1.48 0.88 3.05 4.79
17.30 13.26 9.54 9.92 8.91 9.58 11.44 13.22 15.28 14.69 15.64 15.83
Total Liabilities 64.82 54.07 40.52 35.70 34.83 32.65 42.08 51.08 63.17 68.49 75.54 81.38
27.15 23.92 20.84 19.43 16.49 15.75 15.56 15.83 16.67 16.55 18.73 17.17
CWIP 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 0.01 0.01 0.03 0.00 0.00 0.00 1.00 8.95 23.19 23.02 26.90 28.25
37.44 30.08 19.48 16.27 18.29 16.90 25.52 26.30 23.31 28.92 29.91 35.96
Total Assets 64.82 54.07 40.52 35.70 34.83 32.65 42.08 51.08 63.17 68.49 75.54 81.38

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.43 1.61 4.33 6.87 4.79 7.37 6.17 9.25 13.79 2.77 6.62 -0.62
-1.86 -1.51 1.84 -0.21 0.49 -2.90 -5.03 -8.77 -15.13 -0.73 -4.29 -0.81
-0.24 0.05 -6.15 -6.88 -3.27 -6.44 -0.65 0.27 0.13 -1.08 -1.99 0.14
Net Cash Flow -1.67 0.15 0.02 -0.22 2.00 -1.97 0.49 0.75 -1.21 0.95 0.33 -1.29
Free Cash Flow -1.57 0.31 5.50 6.61 5.27 6.79 5.33 8.07 11.74 1.53 3.82 -1.92
CFO/OP -14% -49% -155% 205% 87% 125% 137% 101% 99% 53% 114% 12%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 91.61 129.11 80.77 48.67 45.24 39.29 51.12 37.89 31.03 43.45 24.26 51.67
Inventory Days 127.71 179.91 145.66 143.67 110.18 133.40 117.60 114.68 103.75 128.30 108.04 125.70
Days Payable 116.38 145.41 98.86 110.84 66.14 81.43 94.66 81.97 71.96 69.27 49.46 70.65
Cash Conversion Cycle 102.94 163.61 127.56 81.50 89.28 91.27 74.07 70.61 62.83 102.48 82.84 106.72
Working Capital Days 3.07 -24.72 -50.15 -23.84 6.65 42.07 33.97 22.84 12.70 36.72 21.54 170.31
ROCE % -11.36% -9.33% -10.36% 5.88% 17.72% 22.29% 14.52% 25.26% 30.11% 18.45% 13.18% 11.00%

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

Log in to view insights

Please log in to see hidden values.

Login
Customer Advance Payments (Pipeline Proxy)
INR Lakhs
Debtors Turnover Ratio
times
Employee Count
Number
Gross Block of Plant & Equipment (Investment Proxy)
INR Lakhs

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.56% 74.56% 74.56% 74.56% 74.56% 74.56% 74.56% 74.56% 74.56% 74.56% 74.56% 74.56%
0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
25.39% 25.38% 25.37% 25.39% 25.38% 25.38% 25.38% 25.37% 25.39% 25.37% 25.39% 25.38%
No. of Shareholders 3,4943,7573,9323,9963,7803,6063,9713,9983,8793,8523,7153,668

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents