Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Ducon Infratechnologies Limited

NSE: DUCONIndustrial ProductsShort-term ASM stage 1

Share price

₹1.39

-3.47% close of 9 Oct 2026

Market cap ₹80 CrP/E 8.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

57

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹80 Cr

P/E ratio

8.0

P/B ratio

0.5

ROCE

9.3%

ROE

6.6%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹4.9952-week low ₹1.23

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Jun 2017 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Jun 2017 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

For most of its recorded history its earnings were a fraction of today's, so its past price multiples are not a fair comparison.

Whether growth justifies the valuation

Priced at 0.2 times its growth rate, on earnings growth of 39%.

Profit growthPrice per ₹1 profitPer 1% growth
Ducon Infratechnologies Limited — this one39%/yr8.0×₹0.20
Raymond Limited109%/yr47.3×—
Omnitech Engineering Limited35%/yr75.6×₹2.2
Standard Engineering Technology Limited14%/yr90.3×₹6.4
LCL41%/yr35.0×₹0.85
Spectrum Electrical Industries Limited74%/yr116.2×₹1.6

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Industrial Products), it ranks 59 of 75 on returns, 9 of 75 on growth, 66 of 75 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 9.3% on capital, ahead of 21% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹4 crore of cash from the business but spent ₹8 crore on plant and equipment, ₹4 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹82 crore to ₹105 crore. And the profit is not backed by cash: it reported a profit over 6 years and consumed cash from the business. Its cash comes back faster than it used to: it went from being waiting 124 days for its cash to waiting 103 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹104 Cr

Revenue vs last year

-7.5%

Revenue vs last quarter

+3.5%

Net profit

₹2 Cr

Profit vs last year

-30.7%

Profit vs last quarter

+17.2%

Net margin

2.1%

EPS

₹0.07

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹80 Cr
Prev close
₹1.39
52w High
₹5.8
52w Low
₹1.2
Enterprise value
₹147 Cr
Beta
1.4
Price CAGR 1y
-58.0%
Price CAGR 3y
-31.0%
Price CAGR 5y
-25.0%
Price CAGR 10y
-25.0%

Ratios

Return on assets
3.6%
PEG ratio
0.2
P/E ratio
8.0
P/B ratio
0.5
EV / EBITDA
5.9
Industry P/E
36.1
ROCE
9.3%
ROCE 5y average
8.8%
ROE
6.6%
Debt / Equity
0.6
Interest coverage
2.8
Dividend yield
0.0%
ROE 3y average
7.0%
ROE last year
7.0%

Annual P&L

Annual revenue
₹419 Cr
Annual profit
₹11 Cr
Operating margin
6.0%
Net profit margin
2.6%
EBITDA margin
5.7%
Sales growth 3y
1.9%
Sales growth 5y
4.1%
Profit growth 3y
39.0%
Profit growth 5y
92.0%
EPS
₹0.2
Sales growth TTM
-9.0%
Profit growth TTM
-26.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹105 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
-7.1%
YoY quarterly profit growth
-30.7%
OPM latest quarter
5.2%

Balance Sheet

Book Value
₹2.9
Face Value
₹1.0
Total debt
₹105 Cr
Total cash
₹38 Cr
Borrowings
₹105 Cr
Reserves / Equity
4.2

Cash Flow

Operating cash flow
₹5 Cr
Free cash flow
₹5 Cr
FCF yield
-5.0%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
38.1%
FII holding
0.0%
DII holding
—
Public holding
61.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indo-MIM1,359.90104.267,2440.00240.131.61,218.79.425.0
Aditya Infotech4,064.90104.449,8470.04142.2332.51,402.489.528.6
Syrma SGS Tech.1,746.7090.733,6820.09105.7101.21,588.668.316.8
Honeywell Auto33,345.0052.729,4770.33150.720.91,204.41.816.9
Jyoti CNC Auto.1,071.0075.724,3570.0057.1-20.0508.524.021.3
Kaynes Tech3,365.0065.122,6200.0056.4-24.4946.040.512.7
LMW16,819.0098.417,9680.2155.5369.2860.724.05.6
Ducon Tech1.498.6860.002.2-30.7104.9-7.19.3
Median347.4836.06710.005.731.675.023.616.1

Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9110911210711011111311911311494101105
Expenses88104106100103103105110106106889599
Material Cost102103859096
Change in Inventories00000
Purchases of Stock-in-Trade00000
Employee Cost1.582.371.942.091.52
Other Expenses2.011.331.473.062.20
Operating Profit3.164.696.657.476.798.247.548.917.237.765.845.705.45
OPM %3.474.305.926.976.207.436.697.476.406.816.195.655.19
Other Income0000000000000
Exceptional items (within Other Income)00000
Interest2.292.9422.722.242.672.503.402.292.102.102.341.84
Depreciation0.020.580.320.320.020.600.020.640.330.330.340.340.32
Profit before tax0.851.174.334.434.534.975.024.874.615.333.403.023.29
Tax %29322830323032263231323934
Net Profit0.610.803.113.113.073.463.413.613.133.692.311.852.17
EPS in Rs0.010.010.050.050.050.060.060.060.050.060.040.030.04
Diluted EPS in Rs0.100.110.070.060.07

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales342384396419451419414
Expenses329368379398421396389
Material Cost380
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost7.98
Other Expenses7.88
Operating Profit13171621302425
OPM %3.704.304.105766
Other Income1011230
Exceptional items (within Other Income)0
Interest121010101198
Depreciation0111.231.2811
Profit before tax16611191615
Tax %222927293033
Net Profit0447.63141110
EPS in Rs0.010.090.070.130.240.190.17
Diluted EPS in Rs0.34
Dividend Payout %000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
4%
3 years
2%
TTM
-9%

Compounded profit growth

10 years
—
5 years
92%
3 years
39%
TTM
-26%

Stock price CAGR

10 years
-25%
5 years
-25%
3 years
-31%
1 year
-58%

Return on equity

10 years
—
5 years
6%
3 years
7%
Last year
7%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital182126263232
Reserves1281309694135134
Borrowings658295103102105
Other Liabilities646859693335
Minority Interest0
Total Liabilities275300276292302305
Fixed Assets065442
CWIP000000
Investments555555
Other Assets270289265283293298
Total Assets275300276292302305

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-5416112-305
Cash from Investing Activity-0-7-0-0-0-0
Cash from Financing Activity54-9-0-1230-5
Net Cash Flow-0-00000
Free Cash Flow-549012-305

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days266255223225196214
Inventory Days000000
Cash Conversion Cycle266255223225196214
Working Capital Days1411241019299103
ROCE %779129

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Sep 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters605252524238383838383838
FIIs0.020.020.010.040.350.310.3200000
Public404848485862626262626262
No. of Shareholders49,57452,60353,31766,49971,74172,45372,18172,14972,16971,63270,93571,410

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -71.9% (₹4.94 → ₹1.39)Brick size ₹0.14 (fixed)Bricks 60
₹2.00₹3.00₹4.00₹5.00₹1.39Nov '25Jan '26Mar '26Jun '26Aug '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹1.39 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

67.00inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Ducon Infratechnologies Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Sells to

  • Bharat Aluminium Company Limited (BALCO) · dry bulk / alumina material handling systems — MD&A major-customers list (Balco); unlisted…
  • Exide Industries Limited · FGD system for a battery-breaking unit — MD&A milestone: 'India's first FGD in Battery Bre…
  • Hindalco Industries · dry bulk material handling / alumina handling systems — FY25 MD&A: 'India's Largest Materi…
  • Indian Oil Corporation · dry bulk material handling / industrial EPC systems — MD&A major-customers list (IOCL)
  • National Aluminium Company · dry bulk / alumina material handling systems — MD&A major-customers list (Nalco)
  • Reliance Energy Ltd (Dahanu Thermal Power Station) · India's first seawater FGD system with 100% of flue gas, 2 x 250 MW Dahanu Thermal Power S…
  • Saint-Gobain Glass India · FGD system for a glass furnace — MD&A milestone: 'India's first ever FGD system for Glass…
  • Steel Authority of India · dry bulk material handling / industrial EPC systems — MD&A major-customers list
  • Udupi Thermal Power Station · India's first wet-limestone FGD system on a coal-fired power plant with saleable gypsum pr…
  • Vedanta Limited · dry bulk material handling systems, and India's first Dual Alkali Scrubber for Sterlite Co…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Industrial Products
Classification
Capital Goods › Industrial Products
ISIN
INE741L01018

Business segments

  • INDUSTRIAL EPC · 99%
  • SECURITY SOLUTION & AI · 1%

News impact

Big market events that reach Ducon Infratechnologies Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

18 Apr 2022bonus₹0

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
17 Sep 2026NEO APEX SHARE BROKING SERVICES LLPBUY59,20,539₹1.27
17 Sep 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDSELL51,42,202₹1.29
17 Sep 2026NEO APEX SHARE BROKING SERVICES LLPSELL30,14,590₹1.33
17 Sep 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDBUY1₹1.41

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.