About Diffusion Engineers Limited
Incorporated in 1982, Diffusion Engineers Limited is engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries. With over four decades of experience, the company is dedicated to providing specialized repairs and reconditioning services for heavy machinery and equipment.
Amongst the players considered for the industry between fiscal 2021-23, the company recorded third highest CAGR of 28% in operating income, second highest CAGR of 38% in profit after tax and the fourth highest CAGR of 31% in EBITDA.
Welding consumables market in India is estimated at around Rs. 46 billion in fiscal 2023, with fiscal 2026 projections around Rs. 58-60 billion.
Why To Invest in Diffusion Engineers Limited
Manufacturer of welding consumables, wear plates, wear parts and heavy engineering machinery for core industries.
The Company proposes to utilize the Net Proceeds from the Issue towards funding:
- Funding capital expenditure requirements towards the expansion of existing manufacturing facility at Khasra No. 36, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur- 441 501, Maharashtra, India (Proposed Expansion);
- Setting up of a new manufacturing facility located at Plot Nos. 33-B/1/1/ & 33-B/1/1/Part, MIDC, Hingna, Sonegaon District, Nagpur-440 016, Maharashtra (Proposed Facility);
- Funding working capital requirements of the Company
| Year | 9-month period ended Dec 2023 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue from Operations (Rs. Cr) | 204.2 | 254.8 | 204.5 | 155.2 |
| Profot (Rs. Cr) | 21.6 | 22.1 | 17 | 11.6 |
Explore Other Products
