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Diffusion Engineers Limited Investor Presentation 2026
60511_rns_2026-05-17_53b7d920-bd97-4135-abb0-d06e0180c350.pdf
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Great Place: The World's Certified Institute
DIFFUSION Innovative superconditioning solutions
Date: May 17, 2026
To,
The Manager
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex
Bandra (East),
Mumbai - 400 051
NSE Symbol: DIFFNKG
To,
The Manager
Corporate Relationship Department
BSE Limited
Floor 25, Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
BSE Scrip Code - 544264
Dear Sir/Madam,
Subject: Investor/Result Presentation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Investor/ Result Presentation on the Audited Financial Results of the Company for the quarter and year ended March 31, 2026.
The said presentation will also be disseminated on the Company's website at https://www.diffusionengineers.com/investors-relation
Thanking You.
Yours faithfully,
For Diffusion Engineers Limited
Chanchal Rajesh Jaiswal
Digitally signed by
Chanchal Rajesh Jaiswal
Date: 2026.05.17
16:11:13 +05'30'
Chanchal Jaiswal
Company Secretary and Compliance Officer
Membership no. A67136
Enclosed as above.
IMS CERTIFIED COMPANY
TÜV SUD
DIFFUSION ENGINEERS LIMITED
Regd. Office : T-5 & 6, M.I.D.C., Hingna Industrial Area, Nagpur - 440 016, Maharashtra, INDIA
[t] 091-7104-232890, 234727, 236772, CIN : L99999MH2000PLC124154
[e] [email protected], [w] www.diffusionengineers.com GSTIN : 27AAACD8008L1ZK
Branches At : Ahmedabad • Chennai • Chittorgarh • Faridabad • Jamshedpur • Kolkata • Pune • Raipur • Secunderabad
DIFFUSION
Innovative Superconditioning Solutions
DIFFUSION ENGINEERS LIMITED
May 2026
DIFFUSION Innovative Superconditioning Solutions
Safe Harbor
This presentation contains "forward looking statements" including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Diffusion Engineers Limited (DEL) and its group companies' future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations.
These factors include, but are not limited to, general market, macro-economic, government and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Diffusion Engineers Limited undertakes no obligation to periodically revise any forward-looking statements to reflect future/likely events or circumstances.
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DIFFUSION
Innovative superconditioning solutions
Company Overview
Business Overview
Industry Overview
Financial Highlights
DIFFUSION
Innovative superconducting solutions
COMPANY OVERVIEW
About Us - Overview
DIFFUSION Innovative Superconditioning Solutions
Note: Please use "Ctrl + Click" to watch the video
About Us
DIFFUSION Innovative Superconditioning Solutions
DIVERSIFIED PRODUCT PORTFOLIO ACROSS INDUSTRIES
- Special welding consumables, wear plates and heavy engineering equipment
INCORPORATED IN 1982
- Established as private limited Company
- Over 4 decades of Experience
5 YEAR CONSOLIDATED REVENUE CAGR : 21%
- Consistent growth in terms of revenues and profitability
ORDER IN HAND AS ON 31ST March 2026
- Rs. 1,741.09 Mn
TRUSTED PARTNERSHIPS
- Trusted, long-term partnerships with leading players across multiple geographies.
STRATEGICALLY LOCATED MANUFACTURING FACILITY
- 5 manufacturing units located at Nagpur
- Proposed expansion is expected to commence in Q1 FY27.
EXPANDING GLOBAL FOOTPRINT
- 35+ Countries served
- Regions that we Export - Middle East, Far East, South Asia, Africa, Eastern Europe, Russia, North America etc.
11,000+ PROJECTS COMPLETED
- Across Cement, Steel, Power, Engineering, Sugar, Defense, Railways, Mining and Oil & Gas.
"Providing innovative engineering solutions for enhanced industrial performance and efficiency"
Vision, Mission & Core Values
DIFFUSION
Innovative Superconditioning Solutions
Vision
Dedicated to driving the World's Engineering progress with our solutions that transform industries. By building trust and absolute reliability, we aim to be the go-to partner for industries facing high stakes and complex challenges where success is paramount
Mission
We empower the industrial sector to overcome wear, reduce downtime, and future-proof their operations. By mastering the science of super conditioning, metallurgy, and heavy engineering, we deliver top-tier welding consumables, proprietary alloys, wear parts, services and fully integrated solutions — all under one roof. Driven by speed, precision, and customer centricity, we don't just solve problems — we engineer possibilities
Core Values
Reliability
Our promise is our performance.
Precision
Excellence is engineered, not improvised.
Speed with Clarity
Fast, but never frantic.
Growth Mindset
The future is built by learners.
Integrity & Sustainability
We do what's right, not what's easy.
DIFUSI N
Innovative Superconditioning Solutions
Journey So Far
- Incorporated as Private Limited Company
-
Commenced manufacturing of welding electrodes
-
Converted from Pvt. Ltd. to Public Ltd. Company
- Acquired land (in part) for manufacturing facility at Unit I
-
Acquired a subsidiary Company, Diffusion Super Conditioning Services Pvt. Ltd.
-
Acquired land (N-79) for manufacturing facility at Unit II
- Acquired land (Khasra no. 35 & 36) for manufacturing facility at Unit IV
- Acquired land (in part) for manufacturing facility at Unit I
- Commencement of production of flux cored wires and wear plates
- Acquired land (N-78) for manufacturing facility at Unit II
- Acquired land (Khasra no. 38/1, 38/2 and 38/3) for manufacturing facility at Unit IV
- Established subsidiary company, Diffusion Hernon Adhesive and Sealant Private Limited
- Invested in overseas joint venture Company LSN Diffusion Limited (United Kingdom)
DIFUSI
Innovative Superconditioning Solutions
Journey So Far
- Established subsidiary Company in Singapore Diffusion Engineers Singapore Pte Ltd.
-
Invested in associate subsidiary in Singapore Mecdiff Sdn Bhd (Malaysia)
-
Acquired land for manufacturing facility at Unit III
-
Undertook expansion of manufacturing facility at Unit IV
-
Incorporated a new subsidiary in the UAE
- Received domestic order worth Rs. 48 Cr for Supply of High-Pressure Grinding Rolls (HPGRs) for Cement industry
-
Established a step-down Subsidiary Company of Singapore Subsidiary in Philippines, Diffusion Wear Solutions Philippines Inc
-
Set up and commenced operations at Unit IV
-
Acquired leasehold land (Plot Nos. 33-B/1/1/ & 33-B/1/1/ Part, MIDC, Hingna, Sonegaon District, Nagpur, Maharashtra) for the Proposed Facility
- Listed on NSE and BSE through successful IPO
DIFUSIN
Innovative Superconditioning Solutions
Strong & Experienced Management Team
Mr. Prashant Garg
Chairman and Managing Director
Dr. Nitin Garg
Non-Executive Director
Mrs. Chitra Garg
Non-Executive Director
Mr. Anil Trigunayat
Independent Director
Mr. Sherry Oommen
Independent Director
Mrs. Deepali Bendre
Independent Director
Mr. Abhishek Mehta
Chief Financial Officer
Key Strengths
DIFFUSI®N
Innovative Superconditioning Solutions
SYNERGISTIC BUSINESS MODELS FOCUSED ON FORWARD INTEGRATION
- Transitioning from a manufacturer of special welding electrodes to producing flux-cored wires, wear plate, wear parts and now heavy engineering leads to broadened scope and expertise in the industry
CONSISTENT FINANCIAL PERFORMANCE
- Achieved CAGR of 21.23% for operating Income 22.48% for EBITDA and 32.28% for PAT over 5 years on consolidated Basis.
EXPERIENCED PROMOTERS AND STRONG MANAGEMENT TEAM
- Over 20 years of experience in this business supported by team of professionals having knowledge of our various business functions
SERVING INDUSTRY MAJOR PLAYERS DIRECTLY AS WELL AS THROUGH OEMS
- Serves a diverse clientele, including both OEMs in the cement, steel, power, mining, engineering sectors as well as direct customers. This significantly adds to our credibility
LONG - STANDING RELATIONSHIPS WITH CUSTOMERS ACROSS INDUSTRIES
- Over four decades of business operations with a strong and diverse customer base with more than 80% repeat customers
STRATEGICALLY LOCATED MANUFACTURING FACILITIES
- Our operations in Nagpur, Maharashtra, benefit from a central location that ensures streamlined logistics, reduced transit times and efficient service to industries nationwide including urban and remote areas
DIFFUSION
Innovative superconducting solutions
BUSINESS OVERVIEW
DIFFUSION
Innovative Superconditioning Solutions
Business at a Glance
CEMENT
POWER
STEEL
ENGINEERING
MINING
SUGAR
DEFENCE
OIL & GAS
Key Raw Materials include
- FERRO ALLOYS,
- POWDERED METALS like Chromium, Molybdenum, Manganese Nickel etc,
- STEEL PLATES,
- METAL WIRES
- OTHER ALLOYS
DIFUSIN
Innovative Superconditioning Solutions
Our Products
Special Purpose Electrodes
A welding electrode is a coated metal wire or rod that conducts electric current from a welding machine to a workpiece to create an arc, melting both the electrode and the base metal to form a strong joint.
Flux Cored Wires
A flux-cored wire is a continuously fed consumable tubular electrode used in Flux-Cored Arc Welding (FCAW). It consists of an outer metal sheath surrounding a hollow center packed with a core of granulated flux, deoxidisers, and alloying elements.
When heated by an electric arc, the internal flux melts to generate its own shielding gas or forms a protective slag layer to shield the molten weld pool from oxygen, nitrogen, and atmospheric contamination.
Wear Plates
Wear plates or abrasion resistant plates protect equipment surfaces from abrasion, impact corrosion and high-temperature wear ensuring durability in harsh industrial environments.
Leveraging backward integration with flux-cored wire production, we manufacture wear plates using open arc welding process offering superior hardness, wear resistance and cost efficiency
Wear Parts
We manufacture ready to fit wear parts for quality, cost effective and higher performance
Integrated Manufacturing Capability: Our self-sufficient facility enables us to produce wear parts using wear plates, forgings, castings and hard-facing consumables ensuring complete solution for user
Coating & Cold Repairing Compounds
We manufacture cold repair compounds based on polymer chemistry and ceramic composites that withstand extreme wear and tear. These products are used for maintenance coatings, anti-corrosive coating, electrical insulation coating, structural coatings and floor coatings
Our Services
DIFFUSION
Innovative Superconditioning Solutions
Service Welding
Diffusion Engineers is a pioneer in offline, in-situ, and emergency breakdown reconditioning. Our expertise restores the life of worn-out components, reducing replacement costs and downtime.
Typical Components Reconditioned:
- VRM Tyres · CCS Rolls Cladding · Roller Press Rolls
- Crusher Hammers · Sinter Spikes · Grinding Rolls · Loco Wheels
- Bucket edges · Crusher Rotors · Fan Refurbishments
Kiln- consultancy and fabrication
Our Kiln Consultancy and Fabrication Services are designed to keep rotary kilns running in perfect alignment—smoothly, safely, and efficiently—without interrupting production. We combine advanced optoelectronic alignment systems, in-situ machining, and deep field-engineering expertise to prevent failures before they escalate, reduce energy losses, and extend the life of critical components.
DIFFUSION
Innovative Superconditioning Solutions
Our Integrated Industrial Advantage
We have built a fully forward- integrated manufacturing ecosystem.
Complementary Trading Portfolio
Trading of allied industrial products like welding equipment, powders, industrial sprays and sealants that complement our core offerings, deepen customer relationships, and enhance wallet share — without diluting our manufacturing focus.
Closed-Loop Integration
Our own products are then deployed for:
- Equipment reconditioning and life-extension services
- Heavy engineering and fabrication projects
- Ready-to-use wear parts
In-House Manufacturing
Using our own alloys, we manufacture:
- Special-purpose welding electrodes
- Flux-cored wires
- High-performance wear plates
- Surface coating and anti-wear welding consumables
Proprietary Foundation: Metallurgical & Alloy Expertise
Our core strength lies in metallurgy.
We design and develop proprietary alloy compositions engineered against wear, abrasion, impact, corrosion, and high-temperature applications.
This expertise is the foundation on which all downstream products and services are built.
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DIFUSI
Innovative Superconditioning Solutions
A Closed - Loop Engineering Model
Lower production costs
Superior quality control
Reduced dependence on third-party suppliers
Faster turnaround and supply chain resilience
DIFFUSION
Innovative Superconditioning Solutions
Heavy Engineering Equipment
We specialize in manufacturing and fabrication of heavy engineering equipment for cement, steel, power, sugar, and other core industries. Our dedicated Unit IV in Khapri (Uma), Nagpur – 441501, Maharashtra, ensures high-quality production and precision engineering
Rotor
Lake CEM
Material Hopper
Drive Arrangements
Taper Tandem
DIFFUSION
Innovative Superconditioning Solutions
State of the Art – Manufacturing Facilities
Unit I
Unit II
Unit III
Unit IV
Proposed Facility
Operational since 1994
Special Purpose
welding electrodes
T-5, T-6, Nagpur Industrial Area, MIDC, Hingna, Nagpur
Area – 2,000 sq. mtrs
On lease
Operational since 2000
Flux cored wire, wear plates and wear part
N-78, N-79, Nagpur Industrial Area, MIDC, Hingna, Nagpur
Area – 13,068 sq. mtrs
On lease
Operational since 2015
Anti-wear Consumables
T-12, Nagpur Industrial Area, MIDC, Hingna, Nagpur
Area – 1,000 sq. mtrs
On lease
Operational since 2016
Flux cored wires, wear plates and heavy engineering
Khasra No. 35, 36, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur
Area – 89,197* sq. mtrs
Owned
Commenced from Nov. 25
Special purpose electrodes and wire strips
Plot No. 33-B/1/1 & 33-B/1/1 Part, MIDC Hingna Nagpur
Area - 10,850 sq. mtrs
On lease
*The total area stands reduced to the extent of approx. 3191 sq. mtrs pursuant to acquisition of land by National Highway Authority of India for public purpose in 2018.
Robust R&D set up
DIFFUSION
Innovative Superconditioning Solutions
DSIR approved R&D facility at Unit I
Equipped with laboratory infrastructure for various developmental activities - process refinement, finished products testing and other raw materials analysis
We hold accreditation by the National Accreditation Board for Testing and Calibration Laboratories - ISO/ IEC 17025:2017 for General Requirements for the Competence of Testing & Calibration Laboratories
Environment Management System (EMS) certification by TÜV SÜD South Asia Private Limited, Quality Management System (QMS)-ISO 9001:2015, Occupational Health and Safety Management systems - ISO 45001:2018 and Environment Management System - ISO14001:2015
DIFFUSION
Innovative Superconditioning Solutions
A Suite of Marquee Clientele
ADITYA BIRLA GROUP
एनटीपीसी NTPC
LARSEN & TOUBRO
ब्राउन टू टू एंड टू
adani
UltraTech The Engineer's Choice
Shree Cement
JSW Steel
SMS group
Metso
KDD HUMBOLDT WEDAG
सेल SAIL
DANIELI
DANIELI CORUS
Metso:Outotec
JINDAL STEEL & POWER
Dalmia Bharat
TATA STEEL
vedanta transforming for good
LOESCHE
FL Smidth
FACLE CEMENE
Piramal Glass
LN LNG TECH
AM/NS INDIA
electronic hypo model
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DIFUSI
Innovative Superconditioning Solutions
Strong Global Presence since 1982
We have Tie-ups with over 95 distributors in domestic market and 9 distributors in the overseas market
DIFFUSION
Innovative superconducting solutions
INDUSTRY
OVERVIEW
DIFFUSION
Innovative Superconditioning Solutions
Welding Consumables Market
- The global welding consumables market size reached USD 17.7 bn in 2024. Looking forward, IMARC Group expects the market to reach USD 26.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.49% during 2025-2033
- Asia-Pacific region has the highest share, with around 41% contribution
-
North America has the second biggest market after Asia, due to presence of large automotive and component manufacturers
-
The India welding consumables market size reached USD 1.25 bn in 2024. Looking forward, IMARC Group expects the market to reach USD 2.1 bn by 2033, exhibiting a growth rate (CAGR) of 6% during 2025-2033
-
Industrial Expansion and Manufacturing Growth:
- Growth of industries like heavy engineering, energy, oil & gas, Railways, shipbuilding, power, transportation, and automotive drives demand
-
As India aspires to become a global manufacturing hub, manufacturing sector's expansion will further bolster this demand
-
Government Initiatives and Infrastructure Investments: The Indian government's significant infrastructure spending is a key factor, with allocations like INR 10.9 trillion in 2024 in sectors such as roads, urban infrastructure, and railways, along with reforms under 'Make in India' and 'Atmanirbhar Bharat,' are expected to significantly boost welding consumables sector
Global Welding Consumables Industry
($ billion)
Welding Consumables Industry In India
($ billion)
Note: Source: CRISIL MI&A, IMARC Group
DIFFUSION
Innovative Superconditioning Solutions
Wear Plates & Heavy Engineering Market
Global Wear Plate Market
($ billion)
- The global wear plate market is anticipated to expand from $31.5 bn in 2024 to $46.6 bn by 2034, reflecting a CAGR of 8.8% over the decade
- Asia contributes highest consumption – Largest Coal Mining
- Europe – Transportation Sector and mining activity for minerals
- Indian wear plates market generated a revenue of USD 4.5 bn in 2024 and is expected to reach USD 6.8 bn by 2033 and is expected to grow at a CAGR of 5% from 2026 to 2033
- Wear plates are an essential part of various industries, such as power plants, steel mills, quarrying and cement, as these plates protect key components of these industry
Indian Wear Plate Market
($ billion)
Heavy Engineering Industry in India
($ billion)
- Heavy electrical engineering, earthmoving, construction and mining machinery, and process plant equipment are the largest segments
- Industry is expected to continue to expand on the back of rising manufacturing and construction activities
- Technological advancements, FDI, and strong government initiatives drive manufacturing sector and boost heavy engineering capital goods industry
- Growth is further supported by ease of doing business, the PLI scheme, infrastructure investments, and favorable policies
Source: Ministry of Heavy Industries, IEEMA, CRISIL MI&A, IMARC Group
DIFFUSION Innovative superconducting solutions
FINANCIAL OVERVIEW
Chairman's Message
DIFFUSION Innovative Superconditioning Solutions
Prashant Garg
Chairman & Managing Director
Diffusion Engineers Limited
"FY26 was a strong execution-led year for Diffusion Engineers Limited, marked by healthy revenue growth, improved profitability, and continued expansion across core industrial segments. The company benefited from sustained demand from sectors such as steel, mining, cement, railways, power and engineering where asset life enhancement solutions, maintenance and repair continue to gain increasing relevance.
During the year, Company reported Total Income from Operations of ₹4,066 Mn, registering a growth of 21.3% YoY. Growth momentum strengthened significantly in the second half of the year, particularly in Q4 FY26, supported by higher order execution because of better order mix, improved customer demand, and better utilization across manufacturing facilities.
During the period, we witnessed strong order inflows, with the order book remaining robust and providing healthy revenue visibility for the coming quarters. Backed by sustained order momentum across domestic and international markets, Diffusion Engineers' total order book stood at 31st March 2026 Rs. 1,741.09 Mn and Rs. 1,994.82 Mn as at 30th April 2026. This strong and diversified order position underscores continued customer confidence in our engineering capabilities and the strength of our broad product portfolio.
Company continued to strengthen its position in high-performance welding consumables, wear protection solutions, and specialized engineering services. Strong demand across key product categories was supported by customer's focus on its Industrial Assets' operational efficiency, productivity enhancement and reducing equipment downtime. Operationally, Company maintained stable profitability despite fluctuations in raw material costs. EBITDA for FY26 stood at ₹ 571 Mn with margins remaining healthy at around 14%, reflecting disciplined cost management, operational efficiencies, and a favourable product mix. PAT grew strongly by nearly 40% YoY to ₹ 504 Mn, supported by operating leverage and improved overall business performance.
Looking ahead, management remains optimistic on the medium- to long-term outlook for the business. Continued industrial capex, high demand on asset utilisation, asset refurbishment and import substitution opportunities are expected to grow at a faster pace thereby pushing demand for our products and services. The company remains focused on expanding customer relationships, improving operational efficiencies, enhancing product offerings, and strengthening its market presence in both domestic and export markets.
I extend my sincere gratitude to every member of the Diffusion family, our valued clients, creditors, bankers, financial institutions, and all other stakeholders. Your trust and support continue to inspire us to strive harder and achieve greater milestones.
Thank you for your continued faith in Diffusion Engineers"
DIFFUSION
Innovative Superconditioning Solutions
Standalone Financial Highlights - Quarterly
(Rs In Mn)
Revenue from Operations
*EBITDA
PAT
*EBITDA Margins %
PAT Margins %
*Excluding other income
DIFFUSION
Innovative Superconditioning Solutions
Quarterly Financial Highlights - Standalone
Rs. in Mn
| Particulars | Q4 FY26 | Q4FY25 | Y-o-Y% | Q3 FY26 |
|---|---|---|---|---|
| Total Income from Operations | 1,132.70 | 1,009.69 | 12.18% | 876.00 |
| *Raw Materials | 808.64 | 705.55 | 577.98 | |
| Employee Cost | 114.31 | 106.42 | 117.12 | |
| Other Expenses | 55.61 | 61.90 | 64.15 | |
| Total Expenditure | 978.57 | 873.87 | 759.25 | |
| EBITDA (Excl. Other Income) | 154.13 | 135.82 | 13.48% | 116.75 |
| EBITDA Margin (%) | 13.61% | 13.45% | 13.33% | |
| Other Income | 26.25 | 48.81 | 34.85 | |
| Depreciation | 16.04 | 11.01 | 15.28 | |
| Interest | 6.45 | 4.68 | 6.22 | |
| Exceptional Item (Gain) / Loss | 0.00 | 0.00 | 7.00 | |
| Profit Before Tax | 157.89 | 168.94 | -6.53% | 123.09 |
| Tax | 41.17 | 48.54 | 34.55 | |
| Profit After Tax | 116.72 | 120.40 | -3.05% | 88.54 |
| Profit After Tax Margin% | 10.30% | 11.92% | 10.11% | |
| EPS (In Rs.) | 3.09 | 3.22 | -4.04% | 2.37 |
Growth in Total Income from Operation, EBITDA and PAT was driven by healthy demand across core industrial segments, improved execution of engineering orders and higher order inflows.
*Including Manufacturing expenses
DIFFUSION
Innovative Superconditioning Solutions
Full Year Financial Highlights - Standalone
Rs. in Mn
| Particulars | FY26 | FY25 | Y-o-Y% |
|---|---|---|---|
| Total Income from Operations | 3,542.03 | 3,160.87 | 12.06% |
| *Raw Materials | 2,393.62 | 2,151.90 | |
| Employee Cost | 455.23 | 399.15 | |
| Other Expenses | 223.89 | 200.2 | |
| Total Expenditure | 3,072.74 | 2,751.25 | |
| EBITDA (Excl. Other Income) | 469.29 | 409.62 | 14.57% |
| EBITDA Margin (%) | 13.25% | 12.96% | |
| Other Income | 191.68 | 89.98 | |
| Depreciation | 59.93 | 44.39 | |
| Interest | 20.22 | 21.95 | |
| Exceptional Item (Gain) / Loss | 7.00 | 0.00 | |
| Profit Before Tax | 573.81 | 433.27 | 32.44% |
| Tax | 127.38 | 95.74 | |
| Profit After Tax | 446.43 | 337.53 | 32.27% |
| Profit After Tax Margin% | 12.60% | 10.68% | |
| EPS (In Rs.) | 11.98 | 9.02 | 32.82% |
Growth in Total Income from Operation, EBITDA and PAT was driven by healthy demand across core industrial segments, improved execution of engineering orders and higher order inflows.
During Q3 FY26, the Company recognized a one-time expense of ₹7.00 million was recognized towards estimated impact of New Labour Codes on employee benefits
*Including Manufacturing expenses
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Innovative Superconditioning Solutions
5 years Standalone Annual Financial Highlights
(Rs In Mn)
5 Years CAGR (%)
Revenue (Rs. Mn)
EBITDA (Rs. Mn) EBITDA Margin (%)
EBITDA (Excluding Other Income)
PAT (Rs. Mn) PAT Margin (%)
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DIFFUSION
Innovative Superconditioning Solutions
Consolidated Financial Highlights - Quarterly
(Rs In Mn)
Revenue from Operations
*EBITDA
PAT
*EBITDA Margins %
PAT Margins %
*Excluding other income
DIFFUSION Innovative Superconditioning Solutions
Quarterly Financial Highlights - Consolidated
Rs. in Mn
| Particulars | Q4 FY26 | Q4 FY25 | Y-o-Y% | Q3 FY26 |
|---|---|---|---|---|
| Total Income from Operations | 1,415.74 | 1,025.28 | 38.08% | 1,008.24 |
| *Raw Materials | 1,008.43 | 694.31 | 673.62 | |
| Employee Cost | 124.92 | 110.27 | 123.36 | |
| Other Expenses | 75.51 | 72.89 | 76.21 | |
| Total Expenditure | 1,208.86 | 877.47 | 37.77% | 873.19 |
| EBITDA (Excl. Other Income) | 206.89 | 147.81 | 39.96% | 135.05 |
| EBITDA Margin (%) | 14.61% | 14.42% | 17bps | 13.39% |
| Other Income | 29.13 | 49.56 | 35.53 | |
| Depreciation | 18.54 | 13.13 | 17.38 | |
| Interest | 6.54 | 3.99 | 6.44 | |
| Exceptional Item (Gain) / Loss | 0.00 | 0.00 | 7.00 | |
| Share of P/L of associates | 0.42 | (0.12) | 17.67 | |
| Profit Before Tax | 211.36 | 180.13 | 17.33% | 157.43 |
| Tax | 51.67 | 50.03 | 37.33 | |
| Profit After Tax | 159.70 | 130.10 | 22.74% | 120.11 |
| Profit After Tax Margin% | 11.28% | 12.69% | 11.91% | |
| EPS (In Rs.) | 4.29 | 3.49 | 22.92% | 3.22 |
Growth in Total Income from Operation, EBITDA and PAT was driven by healthy demand across core industrial segments, improved contribution from overseas operations and higher order inflows
*Including Manufacturing expenses
DIFFUSION
Innovative Superconditioning Solutions
Full Year Financial Highlights - Consolidated
Rs. in Mn
| Particulars | FY26 | FY25 | Y-o-Y% |
|---|---|---|---|
| Total Income from Operations | 4,066.28 | 3,352.76 | 21.28% |
| *Raw Materials | 2,736.09 | 2,228.57 | |
| Employee Cost | 483.88 | 419.02 | |
| Other Expenses | 274.88 | 233.61 | |
| Total Expenditure | 3,494.86 | 2,881.20 | |
| EBITDA (Excl. Other Income) | 571.42 | 471.56 | 21.18% |
| EBITDA Margin (%) | 14.05% | 14.06% | |
| Other Income | 149.92 | 92.47 | |
| Depreciation | 68.45 | 52.75 | |
| Interest | 21.47 | 22.74 | |
| Exceptional Item (Gain) / Loss | 7.00 | 0.00 | |
| Share of P/L of associates | 25.93 | (19.51) | |
| Profit Before Tax | 650.36 | 469.03 | 38.66% |
| Tax | 146.26 | 108.63 | |
| Profit After Tax | 504.10 | 360.40 | 39.87% |
| Profit After Tax Margin% | 12.40% | 10.75% | |
| EPS (In Rs.) | 13.50 | 9.59 | 40.77% |
Growth in Total Income from Operation, EBITDA and PAT was driven by healthy demand across core industrial segments, improved contribution from overseas operations and associates, and higher order inflows.
During Q3 FY26, the Company recognized a one-time expense of ₹7.00 million was recognized towards estimated impact of New Labour Codes on employee benefits.
*Including Manufacturing expenses
DIFFUSION
Innovative Superconditioning Solutions
5 years Consolidated Annual Financial Highlights
(Rs in Mn)
5 Years CAGR (%)
Revenue (Rs. Mn)
EBITDA (Rs. Mn) EBITDA Margin (%)
EBITDA (Excluding Other Income)
PAT (Rs. Mn) PAT Margin (%)
DIFUSI
Innovative Superconditioning Solutions
Order Book
| Type | Mar-25 | Mar-26 |
|---|---|---|
| Heavy Engineering | 645.95 | 1,421.64 |
| Wear Plates and Wear Parts | 265.07 | 220.08 |
| Welding Consumables | 121.08 | 99.37 |
| Grand Total | 1,032.09 | 1,741.09 |
Diffusion Engineers' total order book as on 30th April 2026 stood at Rs. 1,994.82 Mn
Key Ratios
DIFFUSION
Innovative Superconditioning Solutions
The decline in ROE and ROCE in FY25 is primarily attributed to the increase in equity base following the IPO
RoE = Net Profit/Average Total Equity | RoA = Net Profit/Average Total Assets | RoCE = EBIT/Average Capital Employed | Total Debt to Equity = Total Debt/Total Equity Source : Ace Equity
DIFFUSION
Innovative Superconditioning Solutions
Working Capital Analysis (Days)
Inventory
Receivables
Payables
Net Working Capital
DIFFUSION
Innovative superconducting solutions
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Company
Diffusion Engineers Limited.
CS Chanchal Jaiswal
[email protected]
www.diffusionengineers.com
Investor Relations Advisors
Adfactors PR Pvt. Ltd.
Mr. Rupesh Rege /
Mr. Tejpal Singh/ Mr. Jay Jain
[email protected]
[email protected]
[email protected]
www.adfactorspr.com