Duncan Engineering Ltd

Duncan Engineering Ltd

₹ 445 -0.58%
26 Apr - 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 165 Cr.
  • Current Price 445
  • High / Low 625 / 371
  • Stock P/E
  • Book Value 93.6
  • Dividend Yield 0.22 %
  • ROCE -15.9 %
  • ROE -48.2 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.75 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.
  • Working capital days have increased from 92.3 days to 143 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.

Peer comparison

Sector: Engineering Industry: Engineering

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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: 21%
5 Years: 41%
3 Years: 58%
1 Year: 14%
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 -6 143
ROCE % -1% 11% 6% 4% -10% -16%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
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%
25.38% 25.38% 25.38% 25.38% 25.38% 25.38% 25.38% 25.37% 25.39% 25.38% 25.37% 25.39%
No. of Shareholders 2,9113,0763,1073,7693,6453,5233,4553,3623,4943,7573,9323,996

* 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.

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