Ducon Infratechnologies Ltd. (DUCON) AI Stock Analysis

• Market Cap: ₹1.79B
• Dividend Yield: N/A
• Average Volume (3M): 61.81K
• Price to Earnings (P/E): 13.1
• Beta (1Y): 1.34
• Revenue Growth: 4.06%
• EPS Growth: 17.39%
• Country: IN
• Employees: 60
• Sector: Services
• Sector Strength: N/A
• Industry: Industrial - Machinery
• EPS (TTM): 0.10
• Shares Outstanding: 324,925,600
• 10 Day Avg. Volume: 59,130
• 30 Day Avg. Volume: 61,809
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹7.00
• Price Target Upside: 29.63% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: ₹7.00 ▲(29.63% Upside)

Ducon Infratechnologies is on a positive financial trajectory with strong revenue growth and improved profitability. However, challenges in cash flow management and neutral technical indicators suggest caution. The reasonable valuation indicates potential for growth, but operational efficiency improvements are necessary to enhance overall performance.

Ducon Infratechnologies Ltd. Business Overview & Revenue Model

Company Description

Ducon Infratechnologies Ltd. (DUCON) is an India-based company that operates in the technology and infrastructure sectors. The company is involved in providing technology for industrial and infrastructure projects, including environmental control systems, material handling systems, and power plant technologies. It serves various industries, including power, cement, steel, and mining, offering products and services that are integral to infrastructure development and environmental sustainability.

How the Company Makes Money

Ducon Infratechnologies Ltd. generates revenue through a diverse business model that encompasses engineering, procurement, and construction (EPC) contracts, as well as technology solutions and service offerings. The company earns income by providing comprehensive solutions for industrial projects, including the installation of environmental control systems and material handling systems. Key revenue streams include sales of proprietary technologies and systems designed to improve operational efficiency and reduce environmental impact, particularly in heavy industries. Additionally, Ducon engages in partnerships and collaborations to enhance its service offerings and expand its market reach, thereby contributing to its earnings.

Ducon Infratechnologies Ltd. Financial Statement Overview

Summary

Ducon Infratechnologies has shown consistent revenue growth and improved profitability, with effective leverage management reflected in a reduced debt-to-equity ratio. However, challenges with negative operating cash flow in 2025 highlight the need for improved cash management. Overall, the company demonstrates financial stability with room for operational and cash flow enhancements.

Income Statement

Ducon Infratechnologies has shown consistent revenue growth over the years, with a notable increase in gross profit margin from 5.87% in 2022 to 9.69% in 2025. Net profit margin improved significantly from 1.15% in 2022 to 2.99% in 2025, indicating enhanced profitability. However, the EBIT and EBITDA margins, though improving, remain moderate, suggesting room for operational efficiency enhancements.

Balance Sheet

The company's debt-to-equity ratio has decreased over time, from 1.54 in 2020 to 0.61 in 2025, reflecting improved leverage management. Return on equity has increased from 0.52% in 2021 to 8.09% in 2025, indicating better utilization of shareholder funds. However, the equity ratio slightly fluctuated but remained strong, suggesting a stable financial position.

Cash Flow

Despite recent challenges with negative operating cash flow in 2025, Ducon has managed significant free cash flow growth compared to previous years. However, the operating cash flow to net income and free cash flow to net income ratios highlight some inconsistency in cash generation relative to earnings, indicating potential cash management issues.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2021	Mar 2022
Income Statement
Total Revenue	4.52B	4.19B	3.96B	3.42B	3.84B
Gross Profit	438.27M	246.04M	285.13M	185.04M	255.38M
EBITDA	314.68M	215.86M	161.22M	125.36M	169.50M
Net Income	135.49M	76.26M	40.98M	4.15M	44.33M
Balance Sheet
Total Assets	3.02B	2.92B	2.76B	2.78B	3.00B
Cash, Cash Equivalents and Short-Term Investments	374.40M	109.17M	103.42M	70.75M	72.77M
Total Debt	1.02B	1.03B	949.07M	653.19M	824.50M
Total Liabilities	1.34B	1.72B	1.53B	1.33B	1.50B
Stockholders Equity	1.68B	1.20B	1.22B	1.46B	1.50B
Cash Flow
Free Cash Flow	-134.27M	120.59M	4.86M	-541.37M	90.02M
Operating Cash Flow	-130.78M	121.71M	6.21M	-541.22M	161.97M
Investing Cash Flow	-3.49M	-1.12M	-1.35M	-253.00K	-71.96M
Financing Cash Flow	399.50M	-120.63M	-4.82M	541.02M	-90.17M

Ducon Infratechnologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DUCON, the sentiment is Neutral. The current price of 5.4 is below the 20-day moving average (MA) of 5.63, below the 50-day MA of 5.96, and below the 200-day MA of 6.57, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 47.74 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DUCON.

Ducon Infratechnologies Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DUCON	68 Neutral	₹1.79B	13.08		―	4.06%	17.39%
DHRUV	60 Neutral	₹1.27B	15.28		0.30%	14.93%	8.79%
RKEC	59 Neutral	₹1.50B	8.31		―	3.61%	-19.51%
Sector *	57 Neutral	$1.84B	9.34	8.02%	2.47%	5.38%	-37.86%
BRNL	52 Neutral	₹1.70B	1.03		―	-43.40%	―
SADBHAV	―	₹2.69B	―		―	―	―
SADBHIN	42 Neutral	₹1.47B	―		―	2.53%	92.21%