Diffusion Engineers
- Market cap
- ₹ 1,480 Cr.
- P/E
- 26.7x
- P/B
- 3.65x
- 52-week range
- 216.8 – 519.9
- ROE
- 13%
- ROCE
- 16%
- Dividend yield
- 0.4%
- Debt / equity
- 0.07
- Sector
- Industrial Products
- Industry
- Other Industrial Products
- Listed on
- NSE, BSE
About
Diffusion Engineers Limited is an India-based company, which is engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries. The Company provides special and customized repairs and reconditioning services of heavy machinery and equipment. The Company’s segments include Manufactured Products, Trading Products, and Job Works. Its Manufactured Products segments include welding electrodes, flux cord wires, SOP, diffcor, wear plates, and others. Its Trading Products segments include TIG, MIG, filler wires, thermal spray powders, welding equipment’s, and more. Its Job Works segments include service welding & reconditioning jobs. It is also involved in trading of anti-wear powders and welding and cutting machinery. It caters to both domestic and international markets. The Company serves various industries, including cement, steel, power, mining, engineering, oil and gas, sugar, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Industrial Products: 57 companies →Diffusion Engineers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)26.7 against a typical 22.5: pricier than most peers (1st = cheapest).36th of 56
- Sales growth+35.8% against a typical +17.6% from a year earlier.11th of 42
- Profit growth+41.7% against a typical −2.6% from a year earlier.11th of 41
- Share price, 3 months+4.1% against a typical −4.6%.11th of 49
- Size₹ 1,480 Cr. market value against a typical ₹ 127.7 Cr. (1st = largest).8th of 54
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A to A- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A- | Stable | 22 Sep 2026 |
| Acuite | ACUITE A | Stable | 14 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Sep 2026 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 85 Cr. | |
| 14 Apr 2026 | Reaffirmed | ACUITE A | — | Acuite | ₹ 65.5 Cr. | |
| 10 Dec 2025 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 75 Cr. | |
| 25 Nov 2025 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 65 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 16 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 6 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 15 May 2025 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2025, dividend and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 74 | 71 | 82 | 79 | 103 | 81 | 84 | 101 | 142 | 110 |
| Expenses | 66 | 62 | 71 | 69 | 88 | 70 | 72 | 87 | 121 | 96 |
| Operating Profit | 8 | 9 | 11 | 10 | 15 | 11 | 12 | 14 | 21 | 14 |
| OPM % | 11% | 13% | 14% | 13% | 14% | 13% | 14% | 13% | 15% | 13% |
| Other Income | 5 | 3 | 1 | 0 | 5 | 7 | 3 | 5 | 3 | 9 |
| Interest | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 12 | 10 | 11 | 8 | 18 | 16 | 13 | 16 | 21 | 20 |
| Tax % | 20% | 26% | 21% | 13% | 28% | 21% | 20% | 24% | 24% | 17% |
| Net Profit | 9 | 7 | 9 | 7 | 13 | 12 | 10 | 12 | 16 | 17 |
| EPS in Rs | 3.27 | 2.58 | 3.01 | 1.89 | 3.48 | 3.26 | 2.7 | 3.22 | 4.27 | 4.44 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 21%
- 3 Years
- 17%
- TTM
- 26%
- 10 Years
- —
- 5 Years
- 35%
- 3 Years
- 33%
- TTM
- 35%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Diffusion Engineers | ₹ 402.00 | ₹ 1,480 Cr. | 26.7x | 3.7x | 13% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
Management
- Abhishek Anil Mehta
- Chief Financial Officer
- Chanchal Rajesh Jaiswal
- Company Secretary
- Prashant N. Garg
- Managing Director (Promoter)
Prices are delayed and for information only. Nothing on this page is investment advice.