Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Duncan Engg.
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 18.47 | 15.64 | 16.00 | 15.03 | 18.43 | 15.79 | 28.40 | 19.98 | 20.54 | 18.01 | 18.22 | 19.62 | 24.82 |
| Expenses + | 15.52 | 13.07 | 13.87 | 13.42 | 15.94 | 14.83 | 24.99 | 18.85 | 18.77 | 16.39 | 16.47 | 18.03 | 22.41 |
| Operating Profit | 2.95 | 2.57 | 2.13 | 1.61 | 2.49 | 0.96 | 3.41 | 1.13 | 1.77 | 1.62 | 1.75 | 1.59 | 2.41 |
| OPM % | 15.97% | 16.43% | 13.31% | 10.71% | 13.51% | 6.08% | 12.01% | 5.66% | 8.62% | 9.00% | 9.60% | 8.10% | 9.71% |
| Other Income + | 0.37 | 0.58 | 0.49 | 0.51 | 0.63 | 0.59 | 0.61 | 0.61 | 0.79 | 0.77 | 0.81 | 0.57 | 0.13 |
| Interest | 0.08 | 0.03 | 0.04 | 0.02 | 0.01 | 0.01 | 0.10 | 0.12 | 0.49 | 0.07 | 0.08 | 0.11 | 0.12 |
| Depreciation | 0.40 | 0.41 | 0.42 | 0.43 | 0.42 | 0.46 | 0.58 | 0.67 | 0.68 | 0.69 | 0.69 | 0.68 | 0.69 |
| Profit before tax | 2.84 | 2.71 | 2.16 | 1.67 | 2.69 | 1.08 | 3.34 | 0.95 | 1.39 | 1.63 | 1.79 | 1.37 | 1.73 |
| Tax % | 23.24% | 25.46% | 25.93% | 25.15% | 25.65% | 26.85% | 25.75% | 26.32% | 9.35% | 23.93% | 21.23% | 24.82% | 32.37% |
| Net Profit + | 2.18 | 2.02 | 1.61 | 1.25 | 2.00 | 0.79 | 2.47 | 0.70 | 1.25 | 1.24 | 1.41 | 1.03 | 1.18 |
| EPS in Rs | 5.90 | 5.47 | 4.36 | 3.38 | 5.41 | 2.14 | 6.68 | 1.89 | 3.38 | 3.35 | 3.81 | 2.79 | 3.19 |
Financials of Duncan Engg.
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 64.15 | 36.47 | 34.21 | 40.72 | 44.46 | 43.38 | 41.48 | 55.77 | 70.10 | 65.10 | 84.71 | 80.67 |
| Expenses + | 67.25 | 39.76 | 37.00 | 37.37 | 38.88 | 37.52 | 36.97 | 46.52 | 56.97 | 56.22 | 77.42 | 73.30 |
| Operating Profit | -3.10 | -3.29 | -2.79 | 3.35 | 5.58 | 5.86 | 4.51 | 9.25 | 13.13 | 8.88 | 7.29 | 7.37 |
| OPM % | -4.83% | -9.02% | -8.16% | 8.23% | 12.55% | 13.51% | 10.87% | 16.59% | 18.73% | 13.64% | 8.61% | 9.14% |
| Other Income + | 0.81 | 0.49 | 0.88 | 0.19 | -0.07 | -0.75 | 0.52 | 0.58 | 1.43 | 2.14 | 2.56 | 2.27 |
| Interest | 2.29 | 1.96 | 2.17 | 1.56 | 0.74 | 0.41 | 0.20 | 0.17 | 0.16 | 0.10 | 0.72 | 0.37 |
| Depreciation | 3.30 | 1.32 | 1.79 | 1.83 | 1.67 | 1.39 | 1.08 | 1.19 | 1.47 | 1.68 | 2.39 | 2.74 |
| Profit before tax | -7.88 | -6.08 | -5.87 | 0.15 | 3.10 | 3.31 | 3.75 | 8.47 | 12.93 | 9.24 | 6.74 | 6.53 |
| Tax % | -23.22% | 14.14% | 0.00% | 0.00% | 10.32% | 1.21% | -113.07% | 26.33% | 23.43% | 25.54% | 22.85% | 25.57% |
| Net Profit + | -6.05 | -6.93 | -5.88 | 0.15 | 2.78 | 3.26 | 7.99 | 6.24 | 9.90 | 6.87 | 5.21 | 4.86 |
| EPS in Rs | -16.37 | -18.75 | -15.91 | 0.41 | 7.52 | 8.82 | 21.62 | 16.88 | 26.79 | 18.59 | 14.10 | 13.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.74% | 18.85% | 21.31% | 22.84% |
Financials of Duncan Engg.
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 | 3.70 |
| Reserves | 25.44 | 18.52 | 12.66 | 12.78 | 15.49 | 18.67 | 26.69 | 32.97 | 42.71 | 49.22 | 53.15 | 57.06 |
| Borrowings + | 18.38 | 18.59 | 14.62 | 9.30 | 6.73 | 0.70 | 0.25 | 1.19 | 1.48 | 0.88 | 3.05 | 4.79 |
| Other Liabilities + | 17.30 | 13.26 | 9.54 | 9.92 | 8.91 | 9.58 | 11.44 | 13.22 | 15.28 | 14.69 | 15.64 | 15.83 |
| Total Liabilities | 64.82 | 54.07 | 40.52 | 35.70 | 34.83 | 32.65 | 42.08 | 51.08 | 63.17 | 68.49 | 75.54 | 81.38 |
| Fixed Assets + | 27.15 | 23.92 | 20.84 | 19.43 | 16.49 | 15.75 | 15.56 | 15.83 | 16.67 | 16.55 | 18.73 | 17.17 |
| CWIP | 0.22 | 0.06 | 0.17 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 1.00 | 8.95 | 23.19 | 23.02 | 26.90 | 28.25 |
| Other Assets + | 37.44 | 30.08 | 19.48 | 16.27 | 18.29 | 16.90 | 25.52 | 26.30 | 23.31 | 28.92 | 29.91 | 35.96 |
| Total Assets | 64.82 | 54.07 | 40.52 | 35.70 | 34.83 | 32.65 | 42.08 | 51.08 | 63.17 | 68.49 | 75.54 | 81.38 |
Financials of Duncan Engg.
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 0.43 | 1.61 | 4.33 | 6.87 | 4.79 | 7.37 | 6.17 | 9.25 | 13.79 | 2.77 | 6.62 | -0.62 |
| Cash from Investing Activity + | -1.86 | -1.51 | 1.84 | -0.21 | 0.49 | -2.90 | -5.03 | -8.77 | -15.13 | -0.73 | -4.29 | -0.81 |
| Cash from Financing Activity + | -0.24 | 0.05 | -6.15 | -6.88 | -3.27 | -6.44 | -0.65 | 0.27 | 0.13 | -1.08 | -1.99 | 0.14 |
| Net Cash Flow | -1.67 | 0.15 | 0.02 | -0.22 | 2.00 | -1.97 | 0.49 | 0.75 | -1.21 | 0.95 | 0.33 | -1.29 |
| Free Cash Flow | -1.57 | 0.31 | 5.50 | 6.61 | 5.27 | 6.79 | 5.33 | 8.07 | 11.74 | 1.53 | 3.82 | -1.92 |
| CFO/OP | -14% | -49% | -155% | 205% | 87% | 125% | 137% | 101% | 99% | 53% | 114% | 12% |
Financials of Duncan Engg.
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91.61 | 129.11 | 80.77 | 48.67 | 45.24 | 39.29 | 51.12 | 37.89 | 31.03 | 43.45 | 24.26 | 51.67 |
| Inventory Days | 127.71 | 179.91 | 145.66 | 143.67 | 110.18 | 133.40 | 117.60 | 114.68 | 103.75 | 128.30 | 108.04 | 125.70 |
| Days Payable | 116.38 | 145.41 | 98.86 | 110.84 | 66.14 | 81.43 | 94.66 | 81.97 | 71.96 | 69.27 | 49.46 | 70.65 |
| Cash Conversion Cycle | 102.94 | 163.61 | 127.56 | 81.50 | 89.28 | 91.27 | 74.07 | 70.61 | 62.83 | 102.48 | 82.84 | 106.72 |
| Working Capital Days | 3.07 | -24.72 | -50.15 | -23.84 | 6.65 | 42.07 | 33.97 | 22.84 | 12.70 | 36.72 | 21.54 | 170.31 |
| ROCE % | -11.36% | -9.33% | -10.36% | 5.88% | 17.72% | 22.29% | 14.52% | 25.26% | 30.11% | 18.45% | 13.18% | 11.00% |
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