Ducon Infratechnologies L

NSE: DUCON · Industrial Products · sector

₹1.24NSE close 2026-10-26

Key numbers

Market cap₹40 cr

Price₹1.24

52w high / low₹4 / ₹1

P/E4.0xSector median 24.2x

P/B0.2xSector median 2.8x

Book value₹5.1

Dividend yield–Sector median 0.50%

ROE6.0%Sector median 11.5%

ROCE8.7%Sector median 13.4%

OPM5.4%Sector median 10.3%

Debt / equity0.63xSector median 0.17x

EV/EBITDA4.8xSector median 16.7x

Interest cover2.8x

Current ratio2.17x

Sales growth 3y+2.0%Sector median +10.2%

Profit growth 3y+38.9%Sector median +12.8%

PEG0.14x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹38 cr vs borrowings ₹105 cr (FY26): borrowings are higher by ₹67 cr.
Operating profit covered interest 2.8x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
Revenue was higher than a year earlier in 1 of the last 4 quarters.
Other income was 25% of net profit in the last 12 months.
Debtor days went from 225 (FY24) to 214 (FY26).
No dividend in the last 5 financial years.
Price ₹1.24 on 2026-10-26: -71.4% from the 52-week high, +7.8% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹10.07 · low ₹1.24

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	111	112	119	112	113	94	100	104
EBITDA	8	7	8	7	7	5	5	5
OPM %	7.2%	6.1%	6.9%	5.9%	6.1%	5.7%	5.1%	4.7%
Other income	0	1	1	1	1	1	1	0
Net profit	3	3	4	3	4	2	2	2
EPS (₹)	0.11	0.10	0.11	0.10	0.11	0.07	0.06	0.07
Revenue YoY					+2.3%	-16.3%	-15.5%	-7.0%
Profit YoY					+6.6%	-32.3%	-48.8%	-30.7%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	384	396	419	451	419	412
EBITDA	17	16	21	30	24	22
Net profit	4	4	8	14	11	10
EPS (₹)	0.22	0.16	0.29	0.42	0.34	0.31
Revenue growth		+2.9%	+5.9%	+7.6%	-6.9%	-9.2%
Profit growth		-7.4%	+86.1%	+77.6%	-19.0%	-26.4%
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+2.0%	+4.2%	-9.2%
Net profit	+38.9%	+92.5%	-26.4%
EPS	+28.6%	+76.2%	–
Share price	–	-52.2% (2y)	-65.0%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	122	120	168	166
Borrowings	–	95	103	102	105
Cash & equivalents	–	10	11	37	38
Total assets	–	276	292	302	305
Fixed assets	–	5	4	4	2
Capital work in progress	–	0	0	0	0
Investments	–	5	5	5	5
Receivables	–	242	258	242	245
Inventory	–	0	0	0	0
Payables	–	42	48	19	22

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-1	-3	-18	-28	5
Cash from investing	-7	-0	-0	-0	-0
Cash from financing	8	3	18	29	-5
Capex	7	0	0	0	0
Free cash flow	-8	-3	-18	-29	5

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	3.3%	6.3%	8.1%	6.6%
ROCE %	–	7.1%	9.3%	11.2%	9.3%
Debtor days	–	223	225	196	214
Inventory days	–	0	0	0	0
Payable days	–	42	46	17	21
Cash conversion cycle (days)	–	181	179	179	193
Working capital days	–	111	102	129	136

Shareholding

Holder	% (2026-09-30)
Promoters	38.08%
DIIs	0.00%
Public (non-institutions)	61.92%

Quarter	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026	Sep 2026
Promoters %	38.08%	38.08%	38.08%	38.08%	38.08%	38.08%	38.08%	38.08%

Promoter group	%
Arun Govil	38.08%

Public holders above 1%	%
Ninja Securities Private Limited	1.12%

72,824 shareholders. Pledged: 0.00% of promoter shares.

Peers in Industrial Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
INDOMIM	₹52,085 cr	–	–	–	–	–	–	–
CPPLUS	₹45,577 cr	94.7x	24.3x	25.5%	33.3%	14.5%	–	0.04%
SYRMA	₹28,803 cr	77.7x	10.1x	17.4%	17.6%	11.1%	+33.0%	0.10%
HONAUT	₹27,500 cr	50.1x	6.2x	13.0%	16.9%	13.3%	+10.7%	0.34%
KAYNES	₹22,167 cr	64.0x	4.7x	9.1%	11.1%	15.5%	+47.7%	–
JYOTICNC	₹20,523 cr	63.8x	10.3x	17.4%	18.5%	24.4%	–	–
LMW	₹17,267 cr	84.2x	5.7x	7.0%	9.3%	7.1%	-12.1%	0.19%
TEGA	₹12,752 cr	447.9x	3.7x	0.9%	4.5%	7.5%	+11.7%	0.11%
LLOYDSENGG	₹12,248 cr	48.1x	7.3x	14.1%	15.1%	14.2%	+60.9%	0.27%
DUCON	₹40 cr	4.0x	0.2x	6.0%	8.7%	5.4%	+2.0%	–

All 152 companies in Industrial Products →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
INDUSTRIAL EPC	₹418 cr	99.1%	₹25 cr	6.0%
SECURITY SOLUTION & AI	₹4 cr	0.9%	₹0 cr	6.1%

Dividends & corporate actions

Ex-date	Action	Detail
2026-08-25	Rights	Rights 10:13 @ Premium Rs 0/-
2024-09-23	Other	Annual General Meeting
2024-08-30	Rights	Rights 1:4 @ Premium Rs 6/-
2023-09-22	Other	Annual General Meeting
2022-09-22	Other	Annual General Meeting
2022-04-18	Bonus	Bonus 1:10
2021-09-08	Other	Annual General Meeting
2020-09-22	Other	Annual General Meeting
2019-09-19	Other	Annual General Meeting
2018-09-19	Other	Annual General Meeting
2017-09-21	Other	Annual General Meeting
2016-09-22	Other	Annual General Meeting
2015-09-22	Other	Annual General Meeting
2014-09-22	Other	Annual General Meeting
2013-09-20	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Industrial Products
Sub-industry	Industrial Products
Symbol	DUCON
BSE code	534674
ISIN	INE741L01018
Face value	₹1.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.