Diffusion Engineers Limited

Diffusion Engineers Limited

394.35
INR
-4.05
(-1.02%)
14.70EPS
28.91P/E
15.88BMarket Cap
Diffusion Engineers Limited
NSE:DIFFNKG
(National Stock Exchange of India)

Recent

price

394.35

P/E

ratio

28.91

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
2026
TTM
INR
40.99
54.25
67.47
73.69
89.01
108.54
116.89
Revenue per Share
3.13
4.55
5.92
8.19
9.59
13.5
14.67
Basic EPS, GAAP
2.67
-0.08
-3.73
1.13
-1.48
-4.35
- -
Free Cash Flow per Basic Share
0.35
0.26
0.43
0.49
0.43
1.51
- -
Dividend per Share
28.09
32.24
37.94
50.95
98.56
109.1
- -
Book Value per Share
28.03
32.19
37.87
50.84
98.43
108.94
- -
Tangible Book Value per Share
37
37
37
37
37
37
37
Basic Weighted Avg Shares
1,534
2,030
2,525
2,758
3,331
4,046
4,361
Sales/Revenue/Turnover
12.64
9.6
10.62
13.27
13.17
12.91
12.29
Operating Margin (%)
39
42
38
45
53
68
71
Depreciation Expense
117
170
222
307
359
503
547
Net Income, GAAP
30.58
22.43
22.73
25.02
23.16
22.49
21.31
Effective Tax Rate (%)
7.64
8.38
8.78
11.12
10.78
12.44
12.55
Profit Margin (%)
411
426
572
698
2,313
2,250
- -
Working Capital
56
28
17
- -
- -
- -
- -
LT Debt
1,053
1,208
1,422
1,910
3,693
4,056
- -
Total Equity
- -
11.94
13
13.58
11.57
10.26
- -
Return on Invested Capital (%)
- -
13.13
14.07
15.19
12.04
12.47
- -
Return on Capital (%)
- -
15.08
16.88
18.43
12.83
13
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
286
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
12,530
9,274
15,876

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,237
- -
Cash, Cash Equivalents & STI
- -
990
- -
Accounts Receivable, Net
- -
1,282
- -
Inventories
- -
737
- -
Total Current Liabilities
- -
987
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
286
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.99%
9.82%
Free Cash Flow
- -
887.6%
193.79%
Net Income, GAAP
- -
34.2%
40.14%
Sales/Revenue/Turnover
- -
21.64%
21.46%
Total Cash Common Dividend
- -
58.22%
251.57%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
711
825
792
1,025
3,331
2026
807
836
1,008
1,416
4,046
2027
1,101
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.93
2.26
1.92
3.48
9.59
2026
3.26
2.69
3.22
4.31
13.5
2027
4.47
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.43
2026
- -
- -
- -
- -
1.51
2027
- -
- -
- -
- -
- -
Business
Diffusion Engineers Limited manufactures and sells welding consumables, wear plates, parts, and heavy engineering equipment primarily serving core industries such as cement, power, steel, sugar, mining, railways, and shipping. Its product portfolio includes flux-cored wires, TIG/MIG filler wires, tungsten carbide alloys, gas welding alloys, welding electrodes, thermal spray powders, coated electrodes, anti-wear powders, wear-resistant weld claded plates, and welding and cutting machinery. The company also provides specialized repair and reconditioning services for heavy machinery and equipment, leveraging its proprietary "Super Conditioning" surface treatment process that enhances the wear resistance, stress elimination, and reparability of machine components, thereby extending their operational life and reducing production costs. Founded in 1982 and headquartered in Nagpur, Maharashtra, India, Diffusion Engineers operates four manufacturing units focused on producing these products and services. Recently, Diffusion Engineers has undertaken strategic expansion by venturing into nickel, cobalt, and iron-based powder manufacturing to enhance its welding consumables portfolio, aiming to broaden its market reach both domestically and internationally. The company completed a significant fundraising event through an initial public offering (IPO) in late 2024, raising capital to expand existing manufacturing facilities and establish new units, positioning itself for robust future growth. It has emerged as a top industry player with a compound annual growth rate of 16.6% in revenue from FY22 to FY24 and a notable rise in profitability. The company’s strategic leasing and maintenance business model for heavy equipment and its commitment to operational efficiency highlight its focus on scaling and innovation within the specialty industrial machinery sector in India. Diffusion Engineers Limited is an ISO 9001:2008 certified company and maintains a strong presence in India's industrial engineering space, servicing both domestic and international customers across multiple heavy industries. Its engineering solutions include welding consumables and wear protection products tailored to extend machinery life and improve operational efficiency. The company employs a skilled workforce, including over 130 qualified engineers as of early 2024, and continues to innovate around its product offerings and service delivery models to meet evolving market demands. In summary, Diffusion Engineers Limited is a specialized manufacturing and engineering solutions provider with a comprehensive product and service range centered on welding consumables, wear plates, heavy engineering equipment, and machinery repair services. Its recent IPO and product portfolio expansion reflect its strategic growth trajectory within India's core industrial sectors and international markets. This description is based on publicly available and recent information as of late 2025.