Ducon Tech

What does Ducon Tech do?

Ducon Infratechnologies Ltd specializes in Information Technology Infrastructure and Air Pollution Control Systems, particularly Flue-Gas Desulfurization systems in India. As of March 2025, it reported net sales of 119 Cr and a net profit of 4 Cr, with a market cap of Rs 202 Cr.

Overview:<BR>Ducon Infratechnologies Ltd is engaged in the business of Information Technology Infrastructure and Air Pollution Control Systems, operating within the Industrial Manufacturing sector and classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated on April 2, 2009, Ducon Infratechnologies Ltd has established itself as a leading manufacturer of Flue-Gas Desulfurization (FGD) systems in India. The latest reported quarterly results indicate net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 119 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 202 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 15.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.38<BR>- Return on Equity: 8.09%<BR>- Price to Book: 1.20<BR><BR>Contact Details:<BR>Address: Ducon House Plot No A/4, Rd No 1 MIDC Wagle Industrial Thane Maharashtra : 400604<BR>Tel: 91-22-41122114<BR>Email: investors@duconinfra.co.in<BR>Website: http://www.duconinfra.co.in

What is the bonus history of the Ducon Tech?

Ducon Tech issued a 1:10 bonus share on April 18, 2022, meaning shareholders received one additional share for every ten shares held, with the record date on April 19, 2022.

Ducon Tech has a bonus history that includes a recent issue of 1:10. This bonus was announced by Ducon Infratechnologies Ltd, with the ex-date being April 18, 2022, and the record date set for April 19, 2022. This means that for every 10 shares held, shareholders received an additional share as a bonus. If you have any more questions about the company or its financial activities, feel free to ask!

Has Ducon Tech declared dividend?

No Dividend History Available

Who are the peers of the Ducon Tech?

Ducon Tech's peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Tulive Developer, Intl. Combustion, Somi Conv.Belt., and Energy-Mission, with varying management and growth risks. Ducon Tech has a 1-year return of 4.49%, lower than Kaynes Tech's 65.93% but higher than Intl. Combustion's -47.73%.

Peers: The peers of Ducon Tech are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Tulive Developer, Intl. Combustion, Somi Conv.Belt., and Energy-Mission.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto and Energy-Mission, while Good management risk is found at Jyoti CNC Auto. and Intl. Combustion. Average management risk is noted at Kaynes Tech, LMW, Jupiter Wagons, Somi Conv.Belt., and Ducon Tech, and the rest. Tulive Developer does not qualify for management risk. For growth, Excellent growth is seen at Kaynes Tech and Jyoti CNC Auto., while Good growth is noted at Intl. Combustion and Energy-Mission. Below Average growth is present at Ducon Tech, LMW, and Somi Conv.Belt., and the rest. Tulive Developer does not qualify for growth. In terms of capital structure, Excellent capital structure is observed at Honeywell Auto and LMW, while Good capital structure is found at Jyoti CNC Auto. and Intl. Combustion. Ducon Tech, Somi Conv.Belt., and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.93%, while the lowest is Intl. Combustion at -47.73%. Ducon Tech's 1-year return is 4.49%, which is higher than Intl. Combustion but significantly lower than Kaynes Tech. Additionally, peers with negative six-month returns include Honeywell Auto, LMW, Jupiter Wagons, Intl. Combustion, and Somi Conv.Belt.

What is the technical trend for Ducon Tech?

As of May 12, 2025, Ducon Tech's technical trend is mildly bearish, with daily moving averages indicating bearishness, while weekly MACD and KST show mild bullish momentum, though monthly indicators remain bearish.

As of 12 May 2025, the technical trend for Ducon Tech has changed from bearish to mildly bearish. The weekly MACD and KST are both mildly bullish, suggesting some positive momentum, while the monthly indicators remain bearish. The daily moving averages indicate a mildly bearish stance, which aligns with the overall trend. The Bollinger Bands on a weekly basis also show a mildly bullish signal, but the monthly perspective is bearish. Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the contrasting monthly indicators.

Who are in the management team of Ducon Tech?

As of March 2018, the management team of Ducon Tech includes Arun Govil (Chairman), Harish Shetty and Chandrashekar Ganesan (Executive Directors), and several Non-Executive Independent Directors, with varying remuneration levels. Notably, Harish Shetty, Chandrashekar Ganesan, and Darshit Parikh receive no remuneration.

As of March 2018, the management team of Ducon Tech includes the following individuals:<BR><BR>1. Arun Govil - Chairman (Remuneration: INR 2.4 lacs)<BR>2. Harish Shetty - Executive Director (Remuneration: INR 0)<BR>3. Chandrashekar Ganesan - Executive Director (Remuneration: INR 0)<BR>4. Viren Shah - Non Executive Independent Director (Remuneration: INR 30.0 k)<BR>5. Abhinav Anand - Non Executive Independent Director (Remuneration: INR 30.0 k)<BR>6. Ratna Jhaveri - Non Executive Independent Director (Remuneration: INR 30.0 k)<BR>7. Darshit Parikh - Company Secretary (Remuneration: INR 0)<BR><BR>This outlines the key members of the management team and their respective roles within the company.

Who are the top shareholders of the Ducon Tech?

The top shareholder of Ducon Tech is Arun Govil with 38.08%, followed by Pratik Banji Dabhi at 3.7%. Individual investors own 52.81% of the company, and there are no pledged promoter holdings.

The top shareholders of Ducon Tech include Arun Govil, who holds the largest stake at 38.08%. Following him, the highest public shareholder is Pratik Banji Dabhi with a holding of 3.7%. Additionally, individual investors collectively own 52.81% of the company. It's worth noting that there are no pledged promoter holdings and the company is held by two foreign institutional investors, accounting for 0.31% of the shares.

How big is Ducon Tech?

As of 24th July, Ducon Infratechnologies Ltd has a market capitalization of 198.00 Cr, with net sales of 452.43 Cr and a net profit of 13.55 Cr for the latest four quarters. The balance sheet as of March 2024 shows shareholder's funds of 120.41 Cr and total assets of 292.01 Cr.

As of 24th July, Ducon Infratechnologies Ltd has a market capitalization of 198.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported net sales of 452.43 Cr and a net profit of 13.55 Cr.<BR><BR>As of March 2024, the balance sheet shows shareholder's funds of 120.41 Cr and total assets amounting to 292.01 Cr.

Is Ducon Tech overvalued or undervalued?

As of September 17, 2025, Ducon Tech is considered very attractive and undervalued with a PE ratio of 14.21, an EV to EBITDA ratio of 8.07, and a PEG ratio of 0.81, making it a compelling investment opportunity despite a year-to-date return of -24.94% compared to the Sensex's 5.83%.

As of 17 September 2025, Ducon Tech's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its market position. The company is currently considered undervalued, with a PE ratio of 14.21, an EV to EBITDA ratio of 8.07, and a PEG ratio of 0.81, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.<BR><BR>In comparison to its peers, Ducon Tech's valuation metrics stand out favorably. For instance, PTC India, also rated very attractive, has a PE ratio of 8.35, while Elitecon International is deemed very expensive with a PE ratio of 387. This stark contrast highlights Ducon Tech's relative value within the industrial manufacturing sector. Additionally, despite recent underperformance against the Sensex, with a year-to-date return of -24.94% compared to the Sensex's 5.83%, the company's strong ratios suggest it may be a compelling investment opportunity moving forward.

When is the next results date for Ducon Tech?

The next results date for Ducon Tech is 14 November 2025.

The next results date for Ducon Tech is scheduled for 14 November 2025.

How has been the historical performance of Ducon Tech?

Ducon Tech has shown consistent growth in net sales and profitability over the past five years, with net sales increasing from 342.49 Cr in Mar'21 to 452.42 Cr in Mar'25, and profit after tax rising from 0.42 Cr to 13.55 Cr. However, cash flow from operating activities turned negative in Mar'25, indicating potential liquidity challenges despite overall profitability growth.

Answer:<BR>The historical performance of Ducon Tech shows a consistent growth trend in net sales and profitability over the past five years.<BR><BR>Breakdown:<BR>Ducon Tech's net sales have increased from 342.49 Cr in Mar'21 to 452.42 Cr in Mar'25, reflecting a steady growth trajectory. Total operating income has followed a similar pattern, rising from 342.49 Cr in Mar'21 to 452.42 Cr in Mar'25. The company's total expenditure, excluding depreciation, also grew from 329.37 Cr in Mar'21 to 420.96 Cr in Mar'25, with notable increases in employee costs and manufacturing expenses. Operating profit, as measured by PBDIT, rose from 13.12 Cr in Mar'21 to 31.46 Cr in Mar'25, indicating improved operational efficiency. Profit before tax increased significantly from 0.54 Cr in Mar'21 to 19.38 Cr in Mar'25, and profit after tax followed suit, rising from 0.42 Cr to 13.55 Cr in the same period. The earnings per share (EPS) also improved from 0.02 in Mar'21 to 0.42 in Mar'25, showcasing enhanced shareholder value. On the balance sheet, total assets increased from 274.94 Cr in Mar'21 to 301.66 Cr in Mar'25, while total liabilities rose from 274.94 Cr to 301.66 Cr, indicating a balanced growth in both assets and liabilities. The cash flow from operating activities showed a negative trend in Mar'25 at -28.00 Cr, contrasting with positive cash flows in previous years, highlighting potential liquidity challenges despite the overall growth in profitability.

Are Ducon Infratechnologies Ltd latest results good or bad?

Ducon Infratechnologies Ltd's latest results are concerning, with a 32.26% year-on-year decline in net profit and a 16.31% drop in revenue, marking the lowest quarterly revenue in over two years. The stock has reacted negatively, falling 6.30% post-announcement, indicating significant operational challenges.

The latest results for Ducon Infratechnologies Ltd are concerning. The company reported a net profit of ₹2.31 crores for Q3 FY26, which represents a significant decline of 32.26% year-on-year and a sharp 37.40% drop from the previous quarter. Revenue also fell to ₹94.30 crores, down 16.31% year-on-year and 17.26% sequentially, marking the lowest quarterly revenue in over two years.<BR><BR>Additionally, both operating and PAT margins have compressed, with the operating margin at 6.22% and PAT margin at 2.46%, indicating challenges in maintaining profitability. The stock price has reacted negatively, dropping 6.30% following the results announcement, and the company has experienced a staggering 43.81% decline over the past year.<BR><BR>Overall, these results highlight significant operational challenges and deteriorating financial metrics, suggesting a difficult environment for the company moving forward.

Should I buy, sell or hold Ducon Infratechnologies Ltd?

Why is Ducon Infratechnologies Ltd falling/rising?

As of 17-Mar, Ducon Infratechnologies Ltd's stock price is rising to 3.01, indicating a potential trend reversal after previous declines. However, its long-term outlook is concerning due to significant year-to-date and annual declines, along with fundamental weaknesses.

As of 17-Mar, Ducon Infratechnologies Ltd's stock price is rising, currently at 3.01, reflecting a change of 0.06 or 2.03% increase. This upward movement is notable as it comes after three consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 1.56% today, which may suggest a positive shift in investor sentiment.<BR><BR>Investor participation has also increased, with a delivery volume of 11.2 lacs on 16 March, marking a significant rise of 113.71% compared to the 5-day average delivery volume. This increase in trading activity could be a contributing factor to the stock's price rise.<BR><BR>Despite these positive indicators, it is essential to note that Ducon Infratechnologies Ltd has been underperforming over the longer term, with a year-to-date decline of 16.62% and a staggering 43.31% drop over the past year. The stock is trading below all its moving averages, which typically indicates a bearish trend. Furthermore, the company faces challenges such as weak long-term fundamental strength, a high Debt to EBITDA ratio, and declining profits, which could impact future performance.<BR><BR>In summary, while the stock is experiencing a rise today, driven by increased trading volume and a potential trend reversal, its long-term outlook remains concerning due to consistent underperformance and fundamental weaknesses.

Why is Ducon Infratechnologies Ltd falling/rising?

As of 18-Mar, Ducon Infratechnologies Ltd's stock price is rising to 2.99 after a trend reversal, but it has a year-to-date decline of 17.17% and a 43.48% drop over the past year. Despite increased investor participation, the stock remains below key moving averages, indicating a bearish long-term trend.

As of 18-Mar, Ducon Infratechnologies Ltd's stock price is rising, currently at 2.99, with a change of 0.05 (1.7%) upward. This increase comes after a trend reversal, as the stock has gained following four consecutive days of decline. Despite this recent uptick, the stock has been underperforming in the longer term, with a year-to-date decline of 17.17% and a significant drop of 43.48% over the past year. <BR><BR>Investor participation appears to be increasing, as evidenced by a delivery volume of 16.58 lacs on 17 March, which is a rise of 151.04% compared to the 5-day average delivery volume. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend in the longer term. <BR><BR>Overall, while there is a short-term rise in the stock price, it is important to note the broader context of its recent performance and the prevailing market conditions.

Why is Ducon Infratechnologies Ltd falling/rising?

As of 19-Mar, Ducon Infratechnologies Ltd's stock price is Rs 2.88, down 3.03%, and has significantly underperformed the Sensex with a year-to-date decline of 20.22%. The stock is near its 52-week low and trading below all moving averages, indicating a bearish trend and decreased investor participation.

As of 19-Mar, Ducon Infratechnologies Ltd's stock price is falling, currently at Rs 2.88, which reflects a decrease of Rs 0.09 or 3.03%. The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of 7.69% against the Sensex's 2.40% drop, and a 1-month decline of 18.87% compared to the Sensex's 10.05% decline. Year-to-date, the stock is down 20.22%, while the Sensex has only decreased by 12.92%. Over the past year, Ducon's stock has plummeted by 45.97%, contrasting sharply with the Sensex's minimal decline of 1.65%.<BR><BR>Additionally, the stock is trading close to its 52-week low, being only 2.78% away from Rs 2.80. It is also trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Investor participation has decreased significantly, with a delivery volume of 3.73 lakh shares on March 18, which is down 60.51% compared to the 5-day average. This decline in trading activity, coupled with a broader sector performance that has also fallen by 3.62%, contributes to the downward pressure on the stock price.

Why is Ducon Infratechnologies Ltd falling/rising?

As of 20-Mar, Ducon Infratechnologies Ltd's stock price is at Rs 2.93, reflecting a 2.09% increase today. However, the stock has significantly declined over the year, with an 18.84% year-to-date drop and a 45.03% decline over the past year, alongside decreasing investor participation.

As of 20-Mar, Ducon Infratechnologies Ltd's stock price is rising, currently at Rs 2.93, which reflects a change of Rs 0.06 or 2.09% increase. Despite this daily increase, the stock has shown a significant decline over longer periods, with a year-to-date drop of 18.84% and a one-year decline of 45.03%. <BR><BR>The stock is currently trading 4.44% above its 52-week low of Rs 2.8, indicating some upward movement in the short term. However, it is important to note that Ducon Infratechnologies Ltd is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume on 19 March falling by 42.39% compared to the 5-day average. This decline in trading activity may indicate a lack of confidence among investors, which could counteract the current rise in stock price.<BR><BR>Overall, while the stock is experiencing a slight increase today, the broader context shows significant declines over longer periods and diminishing investor interest, which could impact future price movements.

Why is Ducon Infratechnologies Ltd falling/rising?

As of 23-Mar, Ducon Infratechnologies Ltd's stock price is at Rs. 2.80, reflecting a 4.76% decrease and a new 52-week low. The stock has significantly underperformed the Sensex and shows a substantial decline over the past month and year, indicating a bearish trend and reduced investor confidence.

As of 23-Mar, Ducon Infratechnologies Ltd's stock price is falling, currently at Rs. 2.80, which reflects a decrease of Rs. 0.14 or 4.76%. The stock has reached a new 52-week low today, indicating a significant decline in its value. Over the past week, the stock has underperformed the benchmark Sensex, with a drop of 5.08% compared to the Sensex's decline of 3.72%. <BR><BR>In the longer term, the stock has shown a substantial decrease of 19.31% over the past month and a staggering 50.44% over the past year, while the Sensex has only decreased by 5.47% during the same period. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend.<BR><BR>Investor participation has also declined, with a delivery volume of 2.93 lacs on 20 March, which is down by 64.56% compared to the 5-day average delivery volume. This reduction in trading activity suggests a lack of confidence among investors. Furthermore, the overall sector has experienced a decline of 5.05%, contributing to the negative sentiment surrounding the stock. <BR><BR>These factors collectively explain the downward movement in Ducon Infratechnologies Ltd's stock price.

Why is Ducon Infratechnologies Ltd falling/rising?

As of 24-Mar, Ducon Infratechnologies Ltd's stock price is Rs. 2.79, down 0.71%, marking a new 52-week low. The stock has underperformed significantly with a -50.36% return over the past year, poor sales growth, high debt levels, and decreased investor interest, indicating weak fundamentals and a bearish trend.

As of 24-Mar, Ducon Infratechnologies Ltd is experiencing a decline in its stock price, currently at Rs. 2.79, which reflects a change of -0.02 (-0.71%). The stock has been underperforming significantly, with a consecutive fall over the last two days and a total decline of -5.1% in the past week. This trend is compounded by the fact that the stock has reached a new 52-week low of Rs. 2.74 today.<BR><BR>The stock's performance has consistently lagged behind the benchmark, with a -50.36% return over the past year compared to a mere -5.02% for the benchmark index. Additionally, the stock has shown a poor long-term growth trajectory, with net sales growing at an annual rate of only 3.17% over the last five years. The company's financial health is also concerning, as indicated by a high Debt to EBITDA ratio of 3.64 times, which suggests a low ability to service its debt.<BR><BR>Investor participation has decreased, with delivery volume falling by -35.84% against the five-day average, indicating a lack of interest from investors. Furthermore, the stock is trading below all major moving averages, suggesting a bearish trend. Overall, these factors contribute to the stock's decline, reflecting weak long-term fundamentals and consistent underperformance against benchmarks.

Why is Ducon Infratechnologies Ltd falling/rising?

As of 25-Mar, Ducon Infratechnologies Ltd's stock price is Rs. 2.79, unchanged from the previous session, but it has declined 22.71% year-to-date and 47.56% over the past year, hitting a 52-week low of Rs. 2.73. The stock is underperforming its sector and trading below all key moving averages, with decreased investor participation and a recent 6.06% drop compared to the broader market's 1.87% decline.

As of 25-Mar, Ducon Infratechnologies Ltd's stock price is currently at Rs. 2.79, showing no change from the previous trading session. However, the stock has been experiencing a significant decline over various periods, with a year-to-date drop of 22.71% and a one-year decrease of 47.56%. This downward trend is further highlighted by the stock hitting a new 52-week low of Rs. 2.73 today.<BR><BR>The stock has underperformed compared to the sector, with a performance lag of 2.5%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. Investor participation has also decreased, as evidenced by a delivery volume of 4.5 lacs on 24 March, which is down 32.23% compared to the 5-day average. <BR><BR>While the broader market, represented by the Sensex, has only declined by 1.87% over the past week, Ducon's stock has fallen by 6.06% in the same period, further illustrating its struggles. Overall, these factors contribute to the stock's current lack of upward momentum and indicate a continuing decline in its market performance.

Which are the latest news on Ducon Tech?