Diffusion Engineers Ltd
Incorporated in 1982, Diffusion Engineers Ltd manufactures welding consumables, wear plates and wear parts, and heavy engineering machinery[1]
- Market Cap ₹ 1,415 Cr.
- Current Price ₹ 378
- High / Low ₹ 490 / 188
- Stock P/E 34.7
- Book Value ₹ 98.6
- Dividend Yield 0.39 %
- 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 SmallCap BSE IPO BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|
154 | 154 | 155 | 205 | 255 | 278 | 335 | 345 | |
137 | 137 | 137 | 182 | 226 | 239 | 290 | 298 | |
Operating Profit | 17 | 17 | 19 | 22 | 29 | 39 | 45 | 47 |
OPM % | 11% | 11% | 12% | 11% | 11% | 14% | 13% | 14% |
2 | 3 | 4 | 5 | 6 | 9 | 9 | 13 | |
Interest | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 |
Depreciation | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 6 |
Profit before tax | 13 | 14 | 17 | 22 | 29 | 41 | 47 | 52 |
Tax % | 27% | 27% | 31% | 22% | 23% | 25% | 23% | |
9 | 11 | 12 | 17 | 22 | 31 | 36 | 41 | |
EPS in Rs | 25.39 | 29.81 | 31.36 | 45.54 | 59.29 | 10.94 | 9.59 | 11.64 |
Dividend Payout % | 0% | 0% | 13% | 9% | 7% | 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: | 14% |
3 Years: | 15% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 28 | 37 |
Reserves | 84 | 91 | 101 | 117 | 138 | 163 | 331 |
15 | 32 | 20 | 25 | 48 | 34 | 23 | |
31 | 42 | 33 | 44 | 40 | 50 | 52 | |
Total Liabilities | 134 | 169 | 158 | 190 | 230 | 276 | 444 |
42 | 62 | 57 | 60 | 64 | 91 | 98 | |
CWIP | 0 | 0 | 0 | 0 | 2 | 1 | 3 |
Investments | 14 | 13 | 12 | 19 | 20 | 29 | 35 |
77 | 94 | 88 | 110 | 145 | 154 | 309 | |
Total Assets | 134 | 169 | 158 | 190 | 230 | 276 | 444 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
13 | 10 | 12 | 11 | -5 | 36 | 9 | |
-5 | -23 | 6 | -15 | -13 | -36 | -18 | |
-8 | 14 | -16 | 3 | 20 | 3 | 129 | |
Net Cash Flow | 0 | 1 | 2 | -2 | 1 | 3 | 119 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 80 | 82 | 101 | 90 | 100 | 87 | 92 |
Inventory Days | 150 | 220 | 130 | 138 | 128 | 132 | 142 |
Days Payable | 71 | 103 | 84 | 96 | 61 | 77 | 59 |
Cash Conversion Cycle | 158 | 199 | 148 | 132 | 167 | 143 | 175 |
Working Capital Days | 69 | 66 | 86 | 70 | 75 | 81 | 113 |
ROCE % | 14% | 15% | 16% | 18% | 20% | 15% |
Documents
Announcements
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Post- Intimation Of Participation In Arihant Bharat Connect Virtual Conference On Tuesday, 23Rd September, 2025.
20h - Management participated in Arihant Bharat Connect virtual conference on 23 Sep 2025, 2:00 PM; no UPSI.
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Pre- Intimation Of Participation In Arihant Bharat Connect Virtual Conference On Tuesday, 23Rd September, 2025
17 Sep - Diffusion Engineers to participate in Arihant Bharat Connect virtual conference on 23 Sep 2025 at 2:00 PM.
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Post- Intimation Of Plant Visit Organized On 1St September, 2025
1 Sep - Physical plant visit by Groww Mutual Fund on 1 Sep 2025; no UPSI shared.
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Pre- Intimation Of Plant Visit With Investors/Analyst On 1St September, 2025
26 Aug - Physical plant visit with Groww Mutual Fund and Motilal Oswal on 1st September 2025 at 10:30 AM (investor meeting).
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Submission Of ESOP Trust Deed Under SEBI (Share Based Employee Benefits And Sweat Equity) Regulations, 2021
22 Aug - Submitted Diffusion ESOP Trust Deed; initial corpus Rs10,000; Effective Date 13 Aug 2025.
Annual reports
Concalls
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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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