As of 6 Nov 2026, Duncan Engineering trades at 41.8× trailing earnings, above the industry P/E of 33.8×, and the shares are 54% below their 52-week high. Sales grew 4.8% a year over 3 years while net profit fell 21%; its ROCE of 11% is the second-lowest among the 7 largest Specialty Industrial Machinery peers. It carries very little debt, and its dividend yield is 1.2%. It is a small-cap company with a market cap of ₹90 Cr, ranked 116th of 138 Specialty Industrial Machinery companies by market cap; the shares fell 47% over the past year.
- ₹258.95
- ₹258.95
- ₹241.65
- ₹248.95
- 241
Health check
- ReturnsBehind
−47.1% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 41.8 vs industry 33.8.
- GrowthSlow
Sales +4.8%, profit −21.1% a year over 3 years.
- ProfitabilityWeak
ROCE 11.0% vs peer median 24.8%.
- Balance sheetStretched
Debt 0.09× equity, interest covered 18.5×, Piotroski 3 of 9.
- Red flags3 to check
Return on equity is low at 3.6%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹90 Cr
- Small cap
- P/E
- 41.8
- Industry 33.8
- Price to book
- 1.51
- Peers 9.16
- Dividend yield
- 1.24%
- ROE
- 3.6%
- Peers 19.1%
- ROCE
- 11.0%
- Peers 24.8%
- Debt to equity
- 0.09
- Debt ₹5.39 Cr
- EPS (TTM)
- ₹5.81
- OPM (TTM)
- 5.4%
- Net margin 2.4%
- Sales growth
- +19.5%
- Latest quarter vs a year ago
- Profit growth
- −171.0%
- Latest quarter vs a year ago
- Price to sales
- 1.02
- EV/EBITDA 14.2
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 19.5% on a year ago.
Risks to check
- Return on equity is low at 3.6%.
- Quarterly profit down 171.0% on a year ago.
- 54% below its 52-week high.
About Duncan Engineering
Duncan Engineering Limited manufactures, assembles, and trades in fluid power and automation products in India and internationally. The company offers ball, screwed end ball, knife gate, bulk solid handling, butterfly, and trunnion mounted ball, midget, diaphgram, pulse, modular, high flow, and poppet valves; rack and pinion pneumatic, and scotch and yoke pneumatic actuator; valve automation systems; and linear actuator. It also provides positioner…
- Headquarters
- Pune
- Employees
- 192
- Sector
- Industrials
- ISIN
- INE340F01011
- Website
- duncanengg.com
Price range
- Avg volume (3M)
- 2.4K
- 1-year return
- minus 47.1%
- From 52-week high
- minus 54.0%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 86.1 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 19.1% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| DUNCANENGDuncan Engineering | 242.80 | minus 2.47% | 90 | 41.8 | 7.5 | 11.0% | 8.1% | 0.09 | 4.8% | minus 47.1% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 18.2 | 19.6 | 24.8 | 22.2 | 21.8 | |
| 16.5 | 18 | 22.4 | 21 | 22.1 | |
| 1.8 | 1.6 | 2.4 | 1.1 | −0.3 | |
| 9.6% | 8.1% | 9.7% | 5.2% | −1.6% | |
| 0.8 | 0.6 | 0.1 | 0.9 | 0.4 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | |
| 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | |
| 1.8 | 1.4 | 1.7 | 1.2 | −0.9 | |
| 21.5% | 24.8% | 32.0% | 22.4% | −11.1% | |
| 1.4 | 1 | 1.2 | 0.9 | −1 | |
| 3.81 | 2.79 | 3.20 | 2.52 | -2.70 |
Profit & loss
- Sales CAGR 3Y
- +4.8%
- Profit CAGR 3Y
- −21.1%
- EPS CAGR 3Y
- −21.1%
- ROE
- 3.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 70 | 65.1 | 84.7 | 80.6 | |
| – | minus 7.1% | +30.1% | minus 4.8% | |
| 56.7 | 56.1 | 77.2 | 72.8 | |
| 13.3 | 8.9 | 7.4 | 7.8 | |
| 19.0% | 13.7% | 8.8% | 9.7% | |
| 0.9 | 0.8 | 0.6 | 0.4 | |
| 0.2 | 0.1 | 0.7 | 0.4 | |
| 1.5 | 1.7 | 2.4 | 2.7 | |
| 0.4 | 1.3 | 1.8 | 1.4 | |
| 12.9 | 9.2 | 6.7 | 6.5 | |
| 23.4% | 25.6% | 22.8% | 25.6% | |
| 9.9 | 6.9 | 5.2 | 4.9 | |
| – | minus 30.6% | minus 24.2% | minus 6.7% | |
| 26.80 | 18.60 | 14.10 | 13.15 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.7 | 3.7 | 3.7 | 3.7 | |
| 42.7 | 49.2 | 53.2 | 57.1 | |
| 1.5 | 0.9 | 3.1 | 4.8 | |
| 15.3 | 14.7 | 15.6 | 15.8 | |
| 63.2 | 68.5 | 75.5 | 81.4 | |
| 16.4 | 16.1 | 18.1 | 17 | |
| 0 | – | 0 | 0.2 | |
| 0 | 0 | 0.3 | 0.3 | |
| 28.5 | 26.2 | 30.4 | 35.7 | |
| 18.2 | 26.2 | 26.7 | 28.2 | |
| 63.2 | 68.5 | 75.5 | 81.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.8 | 2.8 | 6.6 | −0.6 | |
| −15.1 | −0.7 | −4.3 | −0.8 | |
| 0.1 | −1.1 | −2 | 0.1 | |
| −1.2 | 0.9 | 0.3 | −1.3 | |
| −2.2 | −1.4 | −3.1 | −1.3 | |
| 11.6 | 1.4 | 3.5 | −1.9 | |
| – | −0.4 | −1.3 | −1.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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