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.

Are Ducon Tech latest results good or bad?

Ducon Infratechnologies' latest results show mixed performance: while there are improvements in liquidity and debt management, profitability is under pressure with declining earnings per share, net sales, and consolidated net profit. Overall, the results reflect both positive and negative trends.

Ducon Infratechnologies' latest results present a mixed picture. On one hand, there are several positive indicators, such as an operating profit to interest ratio of 3.16 times, which is the best performance in the last five quarters. This suggests improved management of interest payments. Additionally, the company has increased its cash and cash equivalents to Rs 37.44 crore, the highest in the last six half-yearly periods, indicating better short-term liquidity. The debt-equity ratio has also improved to 0.61 times, reflecting a reduction in borrowing relative to equity capital, and the debtors turnover ratio has reached 1.86 times, showing that the company is settling its debts more quickly.<BR><BR>On the downside, the earnings per share (EPS) have declined to Rs 0.10, marking the lowest in the last five quarters, which indicates a decrease in profitability for shareholders. Furthermore, both net sales and consolidated net profit have seen significant declines of 5.40% and 13.30%, respectively, compared to the previous quarter.<BR><BR>Overall, while there are some encouraging signs regarding liquidity and debt management, the decline in sales, profit, and EPS suggests that the company's profitability is under pressure. Therefore, the results can be seen as a mix of good and bad, with a need for further improvement in profitability metrics.

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.

Should I buy, sell or hold Ducon Tech?

Why is Ducon Infratechnologies Ltd falling/rising?

As of 02-Feb, Ducon Infratechnologies Ltd's stock price is declining at 3.20, down -0.62%, with a significant 1-year return of -52.24% compared to the Sensex's +5.37%. The company faces long-term challenges, including a high Debt to EBITDA ratio and low growth, contributing to ongoing poor performance and investor confidence.

As of 02-Feb, Ducon Infratechnologies Ltd is experiencing a decline in its stock price, currently at 3.20, which reflects a change of -0.02 or -0.62%. The stock has underperformed significantly against the benchmark, with a 1-year return of -52.24% compared to a positive return of +5.37% for the Sensex. Over the past three years, the stock has consistently underperformed, with a staggering decline of -64.39% while the benchmark has risen by +36.26%.<BR><BR>Today, the stock has been losing for the last two days, resulting in a total decline of -1.54% during this period. Additionally, it is trading below its moving averages across various time frames, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 66.14% against the 5-day average, the overall performance remains weak.<BR><BR>The company's long-term fundamentals are concerning, highlighted by a high Debt to EBITDA ratio of 3.64 times and an average Return on Capital Employed (ROCE) of 9.56%. This suggests a low ability to service debt and poor long-term growth, as net sales have only grown at an annual rate of 3.96% over the last five years. Consequently, these factors contribute to the stock's decline, as it continues to face challenges in both performance and investor confidence.

Which are the latest news on Ducon Tech?