Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16.00 | 15.03 | 18.43 | 15.79 | 28.40 | 19.98 | 20.54 | 18.01 | 18.22 | 19.62 | 24.82 | 22.16 |
| Expenses | 13.87 | 13.42 | 15.94 | 14.83 | 24.99 | 18.85 | 18.77 | 16.39 | 16.47 | 18.03 | 22.41 | 21.05 |
| Operating Profit | 2.13 | 1.61 | 2.49 | 0.96 | 3.41 | 1.13 | 1.77 | 1.62 | 1.75 | 1.59 | 2.41 | 1.11 |
| OPM % | 13.31% | 10.71% | 13.51% | 6.08% | 12.01% | 5.66% | 8.62% | 9.00% | 9.60% | 8.10% | 9.71% | 5.01% |
| Other Income | 0.49 | 0.51 | 0.63 | 0.59 | 0.61 | 0.61 | 0.79 | 0.77 | 0.81 | 0.57 | 0.13 | 0.99 |
| Interest | 0.04 | 0.02 | 0.01 | 0.01 | 0.10 | 0.12 | 0.49 | 0.07 | 0.08 | 0.11 | 0.12 | 0.18 |
| Depreciation | 0.42 | 0.43 | 0.42 | 0.46 | 0.58 | 0.67 | 0.68 | 0.69 | 0.69 | 0.68 | 0.69 | 0.72 |
| Profit before tax | 2.16 | 1.67 | 2.69 | 1.08 | 3.34 | 0.95 | 1.39 | 1.63 | 1.79 | 1.37 | 1.73 | 1.20 |
| Tax % | 25.93% | 25.15% | 25.65% | 26.85% | 25.75% | 26.32% | 9.35% | 23.93% | 21.23% | 24.82% | 32.37% | 22.50% |
| Net Profit | 1.61 | 1.25 | 2.00 | 0.79 | 2.47 | 0.70 | 1.25 | 1.24 | 1.41 | 1.03 | 1.18 | 0.93 |
| EPS in Rs | 4.36 | 3.38 | 5.41 | 2.14 | 6.68 | 1.89 | 3.38 | 3.35 | 3.81 | 2.79 | 3.19 | 2.52 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.47 | 34.21 | 40.72 | 44.46 | 43.38 | 41.48 | 55.77 | 70.10 | 65.10 | 84.71 | 80.67 | 84.82 |
| Expenses | 39.76 | 37.00 | 37.37 | 38.88 | 37.52 | 36.97 | 46.52 | 56.97 | 56.22 | 77.42 | 73.30 | 77.96 |
| Operating Profit | -3.29 | -2.79 | 3.35 | 5.58 | 5.86 | 4.51 | 9.25 | 13.13 | 8.88 | 7.29 | 7.37 | 6.86 |
| OPM % | -9.02% | -8.16% | 8.23% | 12.55% | 13.51% | 10.87% | 16.59% | 18.73% | 13.64% | 8.61% | 9.14% | 8.09% |
| Other Income | 0.49 | 0.88 | 0.19 | -0.07 | -0.75 | 0.52 | 0.58 | 1.43 | 2.14 | 2.56 | 2.27 | 2.50 |
| Interest | 1.96 | 2.17 | 1.56 | 0.74 | 0.41 | 0.20 | 0.17 | 0.16 | 0.10 | 0.72 | 0.37 | 0.49 |
| Depreciation | 1.32 | 1.79 | 1.83 | 1.67 | 1.39 | 1.08 | 1.19 | 1.47 | 1.68 | 2.39 | 2.74 | 2.78 |
| Profit before tax | -6.08 | -5.87 | 0.15 | 3.10 | 3.31 | 3.75 | 8.47 | 12.93 | 9.24 | 6.74 | 6.53 | 6.09 |
| Tax % | 14.14% | 0.00% | 0.00% | 10.32% | 1.21% | -113.07% | 26.33% | 23.43% | 25.54% | 22.85% | 25.57% | |
| Net Profit | -6.93 | -5.88 | 0.15 | 2.78 | 3.26 | 7.99 | 6.24 | 9.90 | 6.87 | 5.21 | 4.86 | 4.55 |
| EPS in Rs | -18.75 | -15.91 | 0.41 | 7.52 | 8.82 | 21.62 | 16.88 | 26.79 | 18.59 | 14.10 | 13.15 | 12.31 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.74% | 18.85% | 21.31% | 22.84% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 8% | 14% | 5% | -2% | ||
| Compounded Profit Growth | 10% | -10% | -21% | -20% | ||
| Stock Price CAGR | 17% | 11% | -8% | -18% | ||
| Return on Equity | 13% | 14% | 10% | 8% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 |
| Reserves | 25.44 | 18.52 | 12.66 | 12.78 | 15.49 | 18.67 | 26.69 | 32.97 | 42.71 | 49.22 | 53.15 | 57.06 |
| Borrowings | 18.38 | 18.59 | 14.62 | 9.30 | 6.73 | 0.70 | 0.25 | 1.19 | 1.48 | 0.88 | 3.05 | 4.79 |
| Other Liabilities | 17.30 | 13.26 | 9.54 | 9.92 | 8.91 | 9.58 | 11.44 | 13.22 | 15.28 | 14.69 | 15.64 | 15.83 |
| Total Liabilities | 64.82 | 54.07 | 40.52 | 35.70 | 34.83 | 32.65 | 42.08 | 51.08 | 63.17 | 68.49 | 75.54 | 81.38 |
| Fixed Assets | 27.15 | 23.92 | 20.84 | 19.43 | 16.49 | 15.75 | 15.56 | 15.83 | 16.67 | 16.55 | 18.73 | 17.17 |
| CWIP | 0.22 | 0.06 | 0.17 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 1.00 | 8.95 | 23.19 | 23.02 | 26.90 | 28.25 |
| Other Assets | 37.44 | 30.08 | 19.48 | 16.27 | 18.29 | 16.90 | 25.52 | 26.30 | 23.31 | 28.92 | 29.91 | 35.96 |
| Total Assets | 64.82 | 54.07 | 40.52 | 35.70 | 34.83 | 32.65 | 42.08 | 51.08 | 63.17 | 68.49 | 75.54 | 81.38 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.43 | 1.61 | 4.33 | 6.87 | 4.79 | 7.37 | 6.17 | 9.25 | 13.79 | 2.77 | 6.62 | -0.62 |
| Cash from Investing Activity | -1.86 | -1.51 | 1.84 | -0.21 | 0.49 | -2.90 | -5.03 | -8.77 | -15.13 | -0.73 | -4.29 | -0.81 |
| Cash from Financing Activity | -0.24 | 0.05 | -6.15 | -6.88 | -3.27 | -6.44 | -0.65 | 0.27 | 0.13 | -1.08 | -1.99 | 0.14 |
| Net Cash Flow | -1.67 | 0.15 | 0.02 | -0.22 | 2.00 | -1.97 | 0.49 | 0.75 | -1.21 | 0.95 | 0.33 | -1.29 |
| Free Cash Flow | -1.57 | 0.31 | 5.50 | 6.61 | 5.27 | 6.79 | 5.33 | 8.07 | 11.74 | 1.53 | 3.82 | -1.92 |
| CFO/OP | -14% | -49% | -155% | 205% | 87% | 125% | 137% | 101% | 99% | 53% | 114% | 12% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91.61 | 129.11 | 80.77 | 48.67 | 45.24 | 39.29 | 51.12 | 37.89 | 31.03 | 43.45 | 24.26 | 51.67 |
| Inventory Days | 127.71 | 179.91 | 145.66 | 143.67 | 110.18 | 133.40 | 117.60 | 114.68 | 103.75 | 128.30 | 108.04 | 128.82 |
| Days Payable | 116.38 | 145.41 | 98.86 | 110.84 | 66.14 | 81.43 | 94.66 | 81.97 | 71.96 | 69.27 | 49.46 | 72.50 |
| Cash Conversion Cycle | 102.94 | 163.61 | 127.56 | 81.50 | 89.28 | 91.27 | 74.07 | 70.61 | 62.83 | 102.48 | 82.84 | 108.00 |
| Working Capital Days | 3.07 | -24.72 | -50.15 | -23.84 | 6.65 | 42.07 | 33.97 | 22.84 | 12.70 | 36.72 | 21.54 | 42.44 |
| ROCE % | -11.36% | -9.33% | -10.36% | 5.88% | 17.72% | 22.29% | 14.52% | 25.26% | 30.11% | 18.45% | 13.18% | 10.75% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% | 74.56% |
| DIIs | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
| Public | 25.38% | 25.37% | 25.39% | 25.38% | 25.38% | 25.38% | 25.37% | 25.39% | 25.37% | 25.39% | 25.38% | 25.38% |
| No. of Shareholders | 3,757 | 3,932 | 3,996 | 3,780 | 3,606 | 3,971 | 3,998 | 3,879 | 3,852 | 3,715 | 3,668 | 3,649 |
Fundamentals
Market Cap₹ 124 Cr.
Current Price₹ 335
Stock P/E27.2
Book Value₹ 164
ROCE10.8 %
ROE8.06 %
Dividend Yield0.90 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)-20%
Standalone figures.
Valuation
Market capRs 119 Cr
Enterprise valueRs 116 Cr
P/E (TTM)26.17x
Price to book1.96x
Price to sales1.40x
EV / EBITDA12.42x
EV / EBIT17.67x
EV / sales1.37x
Earnings yield3.82%
Dividend yield0.93%
P/E, 3-year average25.72x
P/B, 3-year average2.54x
P/E, 5-year average20.75x
P/B, 5-year average2.54x
Profitability
Operating margin (excl. other income)9.14%
Operating margin (incl. other income)11.95%
EBITDA margin11.04%
Pre-tax margin7.18%
Net profit margin5.36%
Net margin, latest quarter4.20%
ROE8.26%
ROCE11.00%
ROA6.19%
ROE, 3-year average10.53%
ROCE, 3-year average14.16%
ROA, 3-year average7.95%
ROE, 5-year average14.81%
ROCE, 5-year average19.65%
ROA, 5-year average10.92%
ROIC (approx.)8.45%
Tax rate25.57%
Other income / net worth3.74%
Growth
Sales growth (latest year)-4.77%
Profit growth (latest year)-6.72%
Sales CAGR, 3 years4.79%
Sales CAGR, 5 years14.23%
Profit CAGR, 3 years-21.11%
Profit CAGR, 5 years-9.46%
Sales growth QoQ-10.72%
Profit growth QoQ-21.19%
Sales growth YoY (latest quarter)23.04%
Profit growth YoY (latest quarter)-25.00%
Per share
EPS (TTM)Rs 12.31
EPS (latest year)Rs 13.15
EPS (latest quarter)Rs 2.52
EPS, 3-year averageRs 15.28
EPS, 5-year averageRs 17.90
Book value per shareRs 164.39
Sales per shareRs 229.49
Cash flow per shareRs -1.68
Free cash flow per shareRs -5.19
Dividend per share (latest year)Rs 3.00
Dividend per share, 3-year averageRs 3.17
Dividend per share, 5-year averageRs 2.63
Dividends
Dividend payout22.84%
Dividend payout, 3-year average21.02%
Dividend payout, 5-year average16.70%
Efficiency
Asset turnover0.99x
Fixed asset turnover4.70x
Inventory turnover3.03x
Inventory days121 days
Debtor days52 days
Debtors turnover7.06x
Creditor days72 days
Cash conversion cycle108 days
Working capital days42 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 8 Cr
Net debtRs -3 Cr
Debt to equity0.08x
Net debt / EBITDA-0.30x
Interest coverage13.43x
Owners' fund to total sources74.66%
Debt to assets5.89%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Cash from ops / profit, 5 years0.96x
Statement figures
Net sales (TTM)Rs 85 Cr
Net sales (latest year)Rs 81 Cr
Sales (latest quarter)Rs 22 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 9 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 43 Cr
Total expenditure (latest year)Rs 73 Cr
Total income (latest year)Rs 83 Cr
Share capitalRs 4 Cr
ReservesRs 57 Cr
Shareholders' fundsRs 61 Cr
Total assetsRs 81 Cr
Net blockRs 17 Cr
InvestmentsRs 28 Cr
ReceivablesRs 11 Cr
InventoryRs 14 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)0.37
Ownership
Promoter holding74.56% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 26.2 is at the 61th percentile of its own 8.4-year range
(median 18.6, low 7.6, high 232.2).
P/B 1.96 is at the 28th percentile (median 2.46).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 504908 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.2% | -2.8% | -2.4 pts |
| 1 month | -11.2% | -6.8% | -4.4 pts |
| 3 months | -11.7% | -7.6% | -4.1 pts |
| 3 years | -24.8% | +14.2% | -38.9 pts |
| 5 years | +66.9% | +27.9% | +39.0 pts |
Red flags
F-score 3 of 8| explain | Receivables outrunning sales Receivables grew 103% vs sales -5% in 2026 |
| explain | Debt up, profit down Borrowings up 57% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹22 Cr +23.0% vs Jun 2025.
Net profit ₹1 Cr -25.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Samvardhana Motherson International Ltd | 167,351 | 36.6 | 13.4 % |
| Bosch Ltd | 134,797 | 57.0 | 21.5 % |
| Bharat Forge Ltd | 94,900 | 94.0 | 12.6 % |
| Uno Minda Ltd | 67,102 | 54.9 | 19.6 % |
| Schaeffler India Ltd | 61,271 | 47.5 | 27.9 % |
| Sona BLW Precision Forgings Ltd | 50,907 | 65.5 | 15.1 % |
| Tube Investments of India Ltd | 46,709 | 74.5 | 17.1 % |
| Endurance Technologies Ltd | 37,343 | 37.9 | 17.8 % |
| Exide Industries Ltd | 34,595 | 36.9 | 8.54 % |
| Dhoot Transmission Ltd | 30,776 | 68.7 | 24.4 % |
| Craftsman Automation Ltd | 27,475 | 58.7 | 13.9 % |
| Sansera Engineering Ltd | 27,228 | 78.1 | 13.7 % |
| ZF Commercial Vehicle Control System India Ltd | 26,150 | 53.2 | 19.1 % |
| Asahi India Glass Ltd | 24,421 | 54.7 | 11.5 % |
| Sundram Fasteners Ltd | 24,022 | 38.7 | 17.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Duncan Engineering Ltd?
Duncan Engineering Ltd (504908) has a market capitalisation of Rs 124 Cr. at the 2026-10-01 close.
What is the P/E ratio of Duncan Engineering Ltd?
Duncan Engineering Ltd trades at a P/E of 27.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were Duncan Engineering Ltd's latest quarterly results?
In the Jun 2026 quarter, Duncan Engineering Ltd sales was Rs 22 Cr (+23.0% vs Jun 2025) and net profit was Rs 1 Cr.