Diffusion Engineers Ltd
Incorporated in 1982, Diffusion Engineers Ltd manufactures welding consumables, wear plates and wear parts, and heavy engineering machinery[1]
- Market Cap ₹ 999 Cr.
- Current Price ₹ 267
- High / Low ₹ 490 / 188
- Stock P/E 29.6
- Book Value ₹ 94.9
- Dividend Yield 0.00 %
- ROCE 15.5 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 30.1% CAGR over last 5 years
Cons
- Company has a low return on equity of 12.9% 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.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Electrodes - Welding Equipment
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
108 | 152 | 146 | 152 | 196 | 244 | 257 | 316 | |
94 | 134 | 131 | 133 | 174 | 220 | 227 | 275 | |
Operating Profit | 14 | 18 | 15 | 19 | 22 | 24 | 30 | 41 |
OPM % | 13% | 12% | 10% | 13% | 11% | 10% | 12% | 13% |
3 | 1 | 2 | 2 | 3 | 4 | 7 | 9 | |
Interest | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 |
Depreciation | 3 | 3 | 3 | 4 | 4 | 3 | 4 | 4 |
Profit before tax | 12 | 14 | 13 | 15 | 20 | 23 | 32 | 43 |
Tax % | 21% | 30% | 28% | 31% | 24% | 25% | 26% | 22% |
9 | 10 | 9 | 10 | 15 | 17 | 23 | 34 | |
EPS in Rs | 25.12 | 26.25 | 24.24 | 27.99 | 40.11 | 45.00 | 8.35 | 9.02 |
Dividend Payout % | 20% | 13% | -0% | -0% | -0% | -0% | 6% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 17% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 31% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 28 | 37 |
Reserves | 77 | 84 | 92 | 101 | 115 | 133 | 150 | 318 |
17 | 15 | 32 | 19 | 24 | 48 | 34 | 22 | |
20 | 30 | 40 | 30 | 41 | 40 | 48 | 52 | |
Total Liabilities | 118 | 133 | 168 | 154 | 183 | 224 | 260 | 429 |
40 | 41 | 60 | 56 | 58 | 61 | 88 | 96 | |
CWIP | -0 | 0 | -0 | -0 | -0 | 2 | 1 | 3 |
Investments | 15 | 16 | 17 | 16 | 21 | 21 | 30 | 36 |
63 | 76 | 91 | 82 | 103 | 140 | 141 | 294 | |
Total Assets | 118 | 133 | 168 | 154 | 183 | 224 | 260 | 429 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
10 | 14 | 12 | 20 | 16 | -16 | 32 | 5 | |
-2 | -6 | -26 | 2 | -10 | -4 | -33 | -18 | |
-9 | -8 | 14 | -16 | 2 | 20 | 3 | 129 | |
Net Cash Flow | -1 | 1 | -1 | 7 | 8 | -0 | 1 | 116 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 100 | 81 | 90 | 98 | 89 | 109 | 92 | 100 |
Inventory Days | 186 | 146 | 220 | 117 | 135 | 119 | 120 | 132 |
Days Payable | 97 | 73 | 125 | 80 | 90 | 62 | 78 | 68 |
Cash Conversion Cycle | 189 | 153 | 185 | 136 | 134 | 166 | 134 | 164 |
Working Capital Days | 142 | 102 | 120 | 114 | 110 | 144 | 128 | 139 |
ROCE % | 16% | 13% | 14% | 16% | 14% | 16% | 15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
17 May - Audio recording of Q4 FY2025 earnings call available on company website.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Submission of copy of Newspaper Advertisement published on May 17, 2025
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 May - Q4 FY25 revenue Rs1008.89Mn up 45.87%, PAT up 61.57%, final 15% dividend, ESOP introduced, new Heavy Vehicle Factory order.
- Announcement under Regulation 30 (LODR)-Investor Presentation 16 May
-
Announcement Relating To Appointment Of Internal Auditor, Cost Auditor And Sale Of Stake In Associate Company
15 May - FY25 audited results; final dividend Rs1.50/share; 43rd AGM on July 22; ESOP scheme introduced; 2.06% associate stake sale approved.
Annual reports
No data available.
Business Overview:[1]
DEL is in the business of welding consumables like electrodes, flux-cored wires, etc. It also offers solutions for reconditioning /repair of critical equipment used in manufacturing plants of cement, power, steel, etc. The company also manufactures wear plates and some heavy machinery like plasma cutting machines, etc