Diffusion Engineers Ltd
Incorporated in 1982, Diffusion Engineers Ltd manufactures welding consumables, wear plates and wear parts, and heavy engineering machinery[1]
- Market Cap ₹ 1,174 Cr.
- Current Price ₹ 314
- High / Low ₹ 490 / 188
- Stock P/E 35.4
- Book Value ₹ 98.6
- Dividend Yield 0.48 %
- ROCE 14.7 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 24.4% CAGR over last 5 years
Cons
* 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
Industrials Capital Goods Industrial Products Other Industrial Products
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 154 | 154 | 205 | 255 | 278 | 335 | |
| 137 | 137 | 182 | 227 | 239 | 290 | |
| Operating Profit | 17 | 17 | 22 | 28 | 39 | 45 |
| OPM % | 11% | 11% | 11% | 11% | 14% | 13% |
| 2 | 3 | 5 | 7 | 9 | 9 | |
| Interest | 2 | 2 | 1 | 2 | 2 | 2 |
| Depreciation | 3 | 3 | 4 | 4 | 5 | 5 |
| Profit before tax | 13 | 14 | 22 | 29 | 41 | 47 |
| Tax % | 27% | 27% | 22% | 23% | 25% | 23% |
| 9 | 11 | 17 | 22 | 31 | 36 | |
| EPS in Rs | 25.39 | 29.81 | 45.54 | 59.29 | 10.94 | 9.59 |
| Dividend Payout % | -0% | -0% | 9% | -0% | 5% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 18% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 27% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 28 | 37 |
| Reserves | 84 | 91 | 117 | 138 | 163 | 331 |
| 15 | 32 | 25 | 48 | 34 | 23 | |
| 31 | 42 | 44 | 40 | 50 | 52 | |
| Total Liabilities | 134 | 169 | 190 | 230 | 276 | 444 |
| 42 | 62 | 60 | 64 | 91 | 98 | |
| CWIP | 0 | -0 | -0 | 2 | 1 | 3 |
| Investments | 14 | 13 | 19 | 20 | 29 | 35 |
| 77 | 94 | 110 | 145 | 154 | 309 | |
| Total Assets | 134 | 169 | 190 | 230 | 276 | 444 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 13 | 10 | 11 | -5 | 36 | 9 | |
| -5 | -23 | -15 | -13 | -36 | -18 | |
| -8 | 14 | 3 | 20 | 3 | 129 | |
| Net Cash Flow | 0 | 1 | -2 | 1 | 3 | 119 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 80 | 82 | 90 | 100 | 87 | 92 |
| Inventory Days | 150 | 220 | 138 | 128 | 132 | 142 |
| Days Payable | 71 | 103 | 96 | 61 | 77 | 59 |
| Cash Conversion Cycle | 158 | 199 | 132 | 167 | 143 | 175 |
| Working Capital Days | 69 | 66 | 70 | 75 | 81 | 113 |
| ROCE % | 14% | 17% | 20% | 15% |
Documents
Announcements
-
Board Meeting Intimation for Consideration Of Un-Audited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2025.
7 Aug - Board meeting on Aug 12 to approve Q1 FY26 unaudited financial results; trading window reopening noted.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
24 Jul - Diffusion Engineers' 43rd AGM held; all resolutions passed including Rs.1.50 dividend per share declared.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 22 Jul
-
Intimation Under Regulation 30 Of The SEBI (LODR) Regulation, 2015 - Formation Of Wholly Owned Subsidiary
16 Jul - Diffusion Engineers forms wholly owned UAE subsidiary for welding consumables, incorporated July 15, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jul - Certificate confirming no dematerialisation requests for Diffusion Engineers in Q1 FY2026.
Annual reports
Concalls
-
May 2025Transcript PPT REC
-
Feb 2025TranscriptNotesPPT
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