Ducon Infratechnologies Ltd
Incorporated in 2005, Ducon Infratechnologies Ltd is in Engineering, Procurement and Construction business[1]
- Market Cap ₹ 155 Cr.
- Current Price ₹ 4.77
- High / Low ₹ 9.39 / 4.58
- Stock P/E 29.4
- Book Value ₹ 4.69
- Dividend Yield 0.00 %
- ROCE 7.51 %
- ROE 3.86 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.02 times its book value
- Company has delivered good profit growth of 43.0% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 38.1%
- Company has a low return on equity of 3.68% over last 3 years.
- Company has high debtors of 322 days.
- Promoter holding has decreased over last 3 years: -36.0%
* 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 Manufacturing Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32 | 36 | 33 | 398 | 415 | 394 | 381 | 342 | 124 | 312 | 315 | 253 | 256 | |
| 30 | 34 | 30 | 383 | 405 | 376 | 369 | 329 | 114 | 297 | 299 | 237 | 238 | |
| Operating Profit | 2 | 2 | 2 | 15 | 10 | 18 | 12 | 13 | 10 | 15 | 16 | 16 | 18 |
| OPM % | 6% | 5% | 7% | 4% | 3% | 5% | 3% | 4% | 8% | 5% | 5% | 6% | 7% |
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 0 | |
| Interest | 1 | 1 | 1 | 7 | 7 | 10 | 11 | 12 | 10 | 10 | 10 | 11 | 11 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 8 | 4 | 8 | 1 | 1 | 1 | 5 | 7 | 7 | 7 |
| Tax % | 41% | 50% | 16% | 40% | 34% | 23% | 23% | 22% | 31% | 27% | 26% | 25% | |
| 0 | 0 | 0 | 5 | 2 | 6 | 1 | 0 | 1 | 4 | 5 | 5 | 5 | |
| EPS in Rs | 0.01 | 0.01 | 0.04 | 0.42 | 0.22 | 0.44 | 0.06 | 0.02 | 0.03 | 0.12 | 0.16 | 0.16 | 0.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | -8% |
| 3 Years: | 27% |
| TTM: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 47% |
| 5 Years: | 43% |
| 3 Years: | 84% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | 8% |
| 3 Years: | -27% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 2% |
| 3 Years: | 4% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 10 | 10 | 18 | 21 | 26 | 26 | 32 |
| Reserves | 18 | 18 | 18 | 62 | 64 | 68 | 69 | 128 | 126 | 93 | 88 | 120 |
| 7 | 7 | 7 | 83 | 93 | 109 | 123 | 65 | 82 | 95 | 103 | 102 | |
| 5 | 5 | 2 | 88 | 92 | 84 | 74 | 64 | 50 | 54 | 65 | 26 | |
| Total Liabilities | 37 | 38 | 35 | 241 | 257 | 272 | 276 | 275 | 279 | 267 | 282 | 280 |
| 4 | 3 | 3 | 3 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 29 | 30 | 27 | 234 | 250 | 266 | 270 | 270 | 274 | 262 | 277 | 274 | |
| Total Assets | 37 | 38 | 35 | 241 | 257 | 272 | 276 | 275 | 279 | 267 | 282 | 280 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | 2 | 2 | -9 | -8 | -6 | 4 | -54 | 9 | 1 | 12 | -28 | |
| -1 | -1 | -1 | 1 | 1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| 1 | -1 | -1 | 19 | 7 | 5 | -9 | 54 | -9 | -0 | -12 | 29 | |
| Net Cash Flow | -1 | 0 | -0 | 11 | 0 | -1 | -6 | -0 | -0 | 0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 130 | 143 | 133 | 183 | 190 | 217 | 240 | 266 | 742 | 278 | 292 | 322 |
| Inventory Days | 74 | 44 | 55 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | 48 | 47 | 6 | 55 | 57 | 56 | ||||||
| Cash Conversion Cycle | 157 | 140 | 182 | 133 | 138 | 166 | 240 | 266 | 742 | 278 | 292 | 322 |
| Working Capital Days | 77 | 70 | 97 | 80 | 89 | 62 | 65 | 141 | 390 | 130 | 120 | 159 |
| ROCE % | 4% | 4% | 4% | 16% | 7% | 10% | 6% | 6% | 5% | 7% | 8% | 8% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Oct - Regulation 74(5) certificate confirming dematerialisation processing for quarter ended 30 Sep 2025.
- Disclosure Of The Voting Results Of The 16Th Annual General Meeting In Compliance To Regulation 44 Of SEBI (LODR) Of Regulations, 2015 1 Oct
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
-
Submission Of Confirmation On Annual Report For The Financial Year Ended 31St March, 2025 Duly Adopted At 16Th
Annual General Meeting Held On 30Th September, 2025
30 Sep - Annual Report for FY ended 31 March 2025 adopted at AGM on 30 Sep 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Sep - Arun Govil re-appointed MD (5-year term from 30‑Sep‑2025); Harish Shetty appointed Executive WTD & CFO (from 06‑Sep‑2025). VRG secretarial auditor.
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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Concalls
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Feb 2017TranscriptPPT
Business Overview:[1]
DIL is the Indian arm of Ducon Technologies
Inc., USA. It is a Fossil Fuel /Clean Coal Technology company providing complete FGD systems with turnkey, all across India and in neighboring regions for coal, HFO, and pet coke-fired power boilers. Ducon provides limestone, seawater, and Dry Sorbet Injection type FGD systems and also executes projects in rural electrification, industrial environmental control & bulk material handling areas.