Duncan Engineering Ltd
Incorporated in 1962, Duncan Engineering Ltd is a manufacturer of fluid power and automation products[1]
- Market Cap ₹ 151 Cr.
- Current Price ₹ 408
- High / Low ₹ 565 / 310
- Stock P/E
- Book Value ₹ 93.6
- Dividend Yield 0.74 %
- ROCE -15.9 %
- ROE -48.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.36 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.64% over past five years.
- Company has a low return on equity of -22.5% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| 40 | 53 | 56 | 52 | 56 | 50 | 54 | |
| 39 | 86 | 53 | 51 | 54 | 53 | 60 | |
| Operating Profit | 1 | -33 | 3 | 1 | 3 | -3 | -6 |
| OPM % | 3% | -63% | 6% | 1% | 5% | -6% | -11% |
| 1 | 65 | 1 | 2 | 1 | -13 | 42 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 3 | 4 |
| Depreciation | 0 | 0 | 1 | 1 | 2 | 3 | 2 |
| Profit before tax | 2 | 31 | 4 | 2 | 1 | -22 | 30 |
| Tax % | 35% | 14% | 33% | 37% | 31% | -2% | 32% |
| 1 | 27 | 2 | 1 | 1 | -21 | 20 | |
| EPS in Rs | 3.60 | 72.62 | 6.55 | 3.52 | 1.89 | -57.39 | 55.38 |
| Dividend Payout % | 125% | 30% | 69% | 28% | 53% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 2% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 29% |
| 3 Years: | 3% |
| 1 Year: | 32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -10% |
| 3 Years: | -22% |
| Last Year: | -48% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 12 | 30 | 30 | 31 | 32 | 10 | 31 |
| 4 | 4 | 2 | 6 | 23 | 25 | 24 | |
| 25 | 24 | 15 | 10 | 13 | 30 | 24 | |
| Total Liabilities | 45 | 61 | 50 | 51 | 71 | 69 | 83 |
| 2 | 3 | 3 | 3 | 33 | 33 | 32 | |
| CWIP | 0 | 2 | 2 | 14 | 0 | 0 | 0 |
| Investments | 12 | 16 | 12 | 11 | 0 | 0 | 0 |
| 32 | 40 | 33 | 24 | 38 | 36 | 51 | |
| Total Assets | 45 | 61 | 50 | 51 | 71 | 69 | 83 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| 1 | -15 | 3 | 2 | -9 | -15 | 1 | |
| 1 | 25 | 4 | -7 | -6 | 16 | 4 | |
| -2 | -11 | -3 | -2 | 11 | -4 | -8 | |
| Net Cash Flow | 0 | -1 | 4 | -7 | -4 | -3 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 92 | 97 | 84 | 70 | 80 | 77 | 86 |
| Inventory Days | 119 | 116 | 111 | 87 | 168 | 183 | 98 |
| Days Payable | 114 | 119 | 106 | 82 | 102 | 109 | 107 |
| Cash Conversion Cycle | 97 | 93 | 89 | 74 | 146 | 150 | 76 |
| Working Capital Days | 29 | 88 | 79 | 76 | 140 | -93 | 51 |
| ROCE % | -1% | 11% | 6% | 4% | -10% | -16% |
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 ・Standalone data |
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| Customer Advance Payments (Pipeline Proxy) INR Lakhs ・Standalone data |
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| Debtors Turnover Ratio times ・Standalone data |
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| Employee Count Number ・Standalone data |
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| Gross Block of Plant & Equipment (Investment Proxy) INR Lakhs ・Standalone data |
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Documents
Announcements
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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
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Board Meeting Outcome for Outcome Of Board Meeting
22 Jan - Approved unaudited Q3 and nine-month results to Dec 31, 2025; limited review unmodified and incorporated Saudi subsidiary (no operations)
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Board Meeting Intimation for Consider And Approve The Un-Audited Financial Results Of The Company For The Quarter Ended December 31, 2025.
16 Jan - Board meeting on Jan 22, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed.
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