Debock Industries Limited (DIL) AI Stock Analysis

• Market Cap: ₹221.32M
• Dividend Yield: N/A
• Average Volume (3M): 231.15K
• Price to Earnings (P/E): 4.5
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 10
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural - Machinery
• EPS (TTM): N/A
• 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)
• Action: N/A Date: 01/04/26
• Date: Action: N/A 01/04/26

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 and modest leverage provide lasting financial flexibility. With limited fixed financing costs the company has runway to restructure operations, negotiate supplier terms, or fund recovery without immediate refinancing pressure over the next several months.

Historical cash generation capability

Prior multi-year positive operating cash flow demonstrates the underlying business model can generate cash under normal conditions. That track record supports the view management can restore operations and cash generation once demand or execution issues are addressed.

Pre-shock profitability track record

A multi-year history of positive margins before the FY2025 disruption indicates the company’s core product economics and cost structure can sustain profitability. This prior performance suggests recoverability if structural issues are identified and corrected.

Negative Factors

Massive revenue collapse

A near-total revenue collapse signals a material loss of market access, contracts, or production capability. Such a structural shock undermines scale economics, impairs fixed-cost absorption, and creates prolonged recovery risk absent clear remediation or new demand sources.

Sustained negative cash flows

Consecutive years of negative operating and free cash flow reflect ongoing cash burn that reduces self-funding ability. Without external financing or rapid revenue restoration, working capital stress and constrained reinvestment will impair operations for months to come.

Return metrics turned negative

A swing to negative ROE shows capital is no longer being converted into profits, signalling impaired operational efficiency or one-off losses. Persistent negative returns can erode investor and creditor confidence and limit access to capital needed for a durable recovery.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	28.91M	982.61M	1.46B	973.67M	307.80M
Gross Profit	-3.46M	116.92M	190.60M	121.80M	47.86M
EBITDA	-209.86M	121.83M	185.64M	105.95M	42.40M
Net Income	-211.35M	80.70M	128.66M	67.26M	21.20M
Balance Sheet
Total Assets	2.21B	2.37B	1.08B	911.80M	543.72M
Cash, Cash Equivalents and Short-Term Investments	4.53M	4.45M	3.82M	26.74M	388.00K
Total Debt	38.35M	0.00	127.54M	146.23M	212.37M
Total Liabilities	278.43M	224.59M	250.27M	214.90M	287.97M
Stockholders Equity	1.94B	2.15B	825.68M	696.90M	255.74M
Cash Flow
Free Cash Flow	-38.27M	-1.11B	-9.48M	44.62M	5.62M
Operating Cash Flow	-8.83M	-1.07B	8.06M	47.05M	6.06M
Investing Cash Flow	-29.45M	-45.71M	-20.74M	-375.27M	-439.00K
Financing Cash Flow	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	70 Outperform	₹20.66B	15.84	―	3.06%	-3.81%	14.23%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
VSTTILLERS	58 Neutral	₹49.95B	40.26	―	0.35%	21.88%	-20.20%
JISLDVREQS	54 Neutral	₹25.57B	88.51	―	―	5.79%	9.84%
JISLJALEQS	54 Neutral	₹25.57B	136.11	―	―	5.79%	9.84%
MAHEPC	54 Neutral	₹3.31B	23.36	―	―	17.09%	―
DIL	45 Neutral	₹221.32M	4.49	―	―	―	―