Debock Industries Limited (DIL) AI Stock Analysis

• Market Cap: ₹219.69M
• Dividend Yield: N/A
• Average Volume (3M): 231.15K
• Price to Earnings (P/E): 4.5
• Beta (1Y): 0.82
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 10
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural - Machinery
• EPS (TTM): >-0.01
• Shares Outstanding: 162,736,110
• 10 Day Avg. Volume: 239,264
• 30 Day Avg. Volume: 231,151
• PEG Ratio: <0.01
• Price to Book (P/B): 0.17
• Price to Sales (P/S): 11.53
• P/FCF Ratio: -8.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: ₹1.50 ▼(-12.28% Downside)

The score is held down primarily by the sharp FY2025 financial deterioration (major revenue drop, large losses, and negative operating/free cash flow). Technicals add further pressure with a clear downtrend and negative momentum indicators. A low P/E provides some offset, but it is not enough to outweigh the fundamental and trend weakness.

Positive Factors

Low Leverage / Balance Sheet Cushion

Very low reported debt provides financial flexibility during the severe operating downturn. A modest leverage profile reduces near-term insolvency risk and gives management optionality to fund recovery initiatives or restructure operations without immediate refinancing pressure.

Historic cash generation ability

The company has demonstrated the ability to generate operating and free cash flow in prior cycles, indicating the business model can self-fund under normal conditions. That historical cash-generation capability supports potential recovery if operational drivers are restored.

Prior profitability track record

Sustained positive margins and profitable performance in earlier years suggest the core agricultural-machinery operations can be economically viable. This indicates the FY2025 shock may be idiosyncratic or cyclical, and core margin structure could re-emerge with restored volumes or cost actions.

Negative Factors

Severe revenue collapse

A ~94% revenue decline destroys scale economics and undermines the ability to cover fixed costs. Such a dramatic contraction signals a material business disruption, risks permanent customer loss, and makes a sustained recovery more difficult without clear operational or market fixes.

Negative operating and free cash flow

Two consecutive years of negative OCF and FCF indicate the company is burning cash rather than self-funding operations. Persistent cash outflows limit reinvestment, increase reliance on external financing, and raise restructuring or asset-sale risk if cash generation does not recover soon.

Profitability and returns deterioration

Deep negative margins and a negative ROE reflect that capital is not being converted into profits, eroding shareholder value. Sustained negative returns impair reinvestment, raise the prospect of write-downs or restructuring, and strain long-term viability absent rapid improvement.

Debock Industries Limited Business Overview & Revenue Model

Company Description

Debock Industries Limited manufactures and sells agricultural equipment in India. The company offers equipment and spares for farmers, including tractor trolleys, agricultural threshers, mold board ploughs, mounted disc ploughs, tillers, tanker, combine machines, seed drill machines, mounted disc harrows, tractor cultivators, chaff cutters, medium duty cultivators, mounted type disc cultivators, trailed type disc harrows, M.B. ploughs, heavy duty land levelers, double spring cultivators, reversible land levelers, paddy harrows, and shrub masters, as well as shovels, springs, tynes, hitch and kunda pins under the EAGLE SALES name. It also operates Hotel Debock Inn, a business hotel in Tonk, Rajasthan; and provides sales and marketing services. The company was formerly known as Debock Sales and Marketing Limited and changed its name to Debock Industries Limited in January 2022. Debock Industries Limited was founded in 2007 and is based in Jaipur, India.

How the Company Makes Money

Debock Industries Limited Financial Statement Overview

Summary

Recent fundamentals are severely weakened: FY2025 revenue collapsed (~94% YoY), profitability turned deeply negative, and operating/free cash flow were negative in FY2024–FY2025. Low leverage is a cushion, but the magnitude of the earnings and cash-flow deterioration dominates.

Income Statement

Profitability and scale deteriorated sharply in FY2025: revenue collapsed to ~28.9M from ~982.6M in FY2024 (a ~94% drop), and margins turned deeply negative (gross, operating, and net), resulting in a large net loss. While FY2020–FY2024 showed generally positive profitability with steady margins, the magnitude of the FY2025 reversal overwhelms the prior track record and signals a material business disruption.

Balance Sheet

Leverage appears modest overall, with very low debt relative to equity in FY2025 and no reported debt in FY2024, which provides financial flexibility. However, returns weakened meaningfully with negative return on equity in FY2025 following modestly positive returns in FY2023–FY2024, indicating that capital is currently not being converted into profits. The balance sheet looks relatively cushioned, but earnings volatility is a key risk.

Cash Flow

Cash generation is inconsistent and recently weak: operating cash flow was negative in FY2024 and FY2025, and free cash flow was also negative in both years (including a very large outflow in FY2024). Earlier years (FY2020–FY2022) showed positive operating cash flow with occasional positive free cash flow, but the last two periods suggest elevated cash burn and reduced ability to self-fund operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	472.55M	28.91M	982.61M	1.46B	973.67M	307.80M
Gross Profit	103.47M	-3.46M	116.92M	190.60M	121.80M	47.86M
EBITDA	89.32M	-209.86M	121.83M	185.64M	105.95M	42.40M
Net Income	49.71M	-211.35M	80.70M	128.66M	67.26M	21.20M
Balance Sheet
Total Assets	0.00	2.21B	2.37B	1.08B	911.80M	543.72M
Cash, Cash Equivalents and Short-Term Investments	3.16M	4.53M	4.45M	3.82M	26.74M	388.00K
Total Debt	0.00	38.35M	0.00	127.54M	146.23M	212.37M
Total Liabilities	-2.20B	278.43M	224.59M	250.27M	214.90M	287.97M
Stockholders Equity	2.20B	1.94B	2.15B	825.68M	696.90M	255.74M
Cash Flow
Free Cash Flow	0.00	-38.27M	-1.11B	-9.48M	44.62M	5.62M
Operating Cash Flow	0.00	-8.83M	-1.07B	8.06M	47.05M	6.06M
Investing Cash Flow	0.00	-29.45M	-45.71M	-20.74M	-375.27M	-439.00K
Financing Cash Flow	0.00	38.35M	1.11B	-10.24M	354.57M	-9.19M

Debock Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UNIPARTS	73 Outperform	₹19.50B	16.76	―	3.06%	-3.81%	14.23%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
VSTTILLERS	58 Neutral	₹47.83B	50.39	―	0.35%	21.88%	-20.20%
JISLDVREQS	54 Neutral	₹26.56B	28.43	―	―	5.79%	9.84%
JISLJALEQS	54 Neutral	₹26.56B	43.35	―	―	5.79%	9.84%
MAHEPC	54 Neutral	₹3.32B	23.43	―	―	17.09%	―
DIL	45 Neutral	₹219.69M	4.46	―	―	―	―

Debock Industries Limited Corporate Events

Debock Industries Releases Q3 2025 Financial Results

Debock Industries Limited has announced the unaudited financial results for the quarter ending September 30, 2025. The Board of Directors approved these results during a meeting held on November 15, 2025. This announcement is part of the company’s compliance with SEBI regulations, reflecting its commitment to transparency and regulatory adherence. The financial results and the accompanying auditor’s review report were officially recorded, indicating the company’s ongoing financial performance and operational status.

Debock Industries Approves Q3 2025 Financial Results

Debock Industries Limited, formerly known as Debock Sales & Marketing Limited, held a Board meeting on November 15, 2025, where the Board of Directors approved the unaudited financial results for the quarter ending September 30, 2025. This approval, along with the limited review report from auditors, signifies the company’s commitment to transparency and adherence to regulatory requirements, potentially impacting its market perception and stakeholder confidence.

Debock Industries Reports Stable Q3 Financials

Debock Industries Limited has submitted its integrated financial filing for the quarter ending September 30, 2025, in compliance with SEBI regulations. The filing includes financial results and related party transactions, but notes no deviations or outstanding defaults on loans and debt securities, indicating stable financial health.

Debock Industries Releases Q3 2025 Financial Results

Debock Industries Limited has announced its unaudited financial results for the quarter ending September 30, 2025. The Board of Directors approved these results during their meeting on November 15, 2025, and included a limited review report from auditors, reflecting the company’s compliance with regulatory requirements.