Equity99

Diffusion Engineers Limited manufactures welding consumables, wear plates and parts, and heavy machinery for core industries. The company provides specialized repairs and reconditioning services for heavy machinery and equipment. Company has 4 manufacturing facilities where it offers the Super Conditioning process, a surface treatment for machine components that increases wear resistance, eliminates stresses, and improves reparability, ultimately extending service life and reducing production costs.

Company recently came with 158Cr IPO which it propose to utilize towards new CAPEX as well as CAPEX at existing facilities. Post Expansion, their overall capacity will reach 4,920 Metric Tons for wear plates, 1,080 Metric Tons for flux-cored wires, and 12,000 Metric Tons for heavy engineering fabrication.

Company has also started exporting wherein last three years, they exported products to various countries, including Singapore, Uganda, Kenya, Nepal, Malaysia, the Philippines, the United Arab Emirates, Oman, Sri Lanka, Vietnam, Bangladesh, Tanzania, the United Kingdom, Germany, Kuwait, the United States, Indonesia, Russia, Senegal, Switzerland, Lebanon, Bulgaria, Croatia, Zambia, and Nigeria etc deriving ~9.5% revenue from exports.

Company reported good numbers for Q2FY25 wherein it reported sales of 82.47Cr vs 71.08Cr in Q1 and PAT of 8.51Cr against 7.27Cr in in Q1. Company has PAT margins of 10.31% and EBITDA margins of 15.43%. Company has good ROE of 17.6% and ROCE of 19.7%. It has minimal DE ratio of 0.18x. It has improved cash conversion cycle from 167 days in FY23 to 143 days in FY24. Promoters holds 69.70% stake in company, DII - 8.53% and FII - 2.95%. Considering good fundamentals and business prospects this counter can do well in coming time.

Near To Break 85

Near To hit upper circuit 🚀🚀🚀🚀

Ready To break 338🚀🚀🚀

Ready To break 260🚀🚀🚀

Super duper Bumper Results ( Very High Conviction)


Univastu India Range 250

Test Resistance 400 / 500 / 690 Sl 190

Coming Days view Strong Conviction Pick Long view

Technical break Out above 55🚀🚀

Ready To break above 57🚀🚀🚀🚀

Ready To Hit upper circuit Coming Days 🚀🚀

Ready To Break 56 Intraday🚀🚀🚀