Ducon Infratechnologies Ltd. (DUCON) AI Stock Analysis

• Market Cap: ₹1.15B
• Dividend Yield: N/A
• Average Volume (3M): 129.35K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 1.45
• Revenue Growth: 4.34%
• EPS Growth: -3.29%
• Country: IN
• Employees: 60
• Sector: Services
• Sector Strength: N/A
• Industry: Industrial - Machinery
• EPS (TTM): 0.07
• Shares Outstanding: 324,925,600
• 10 Day Avg. Volume: 193,412
• 30 Day Avg. Volume: 129,354
• PEG Ratio: 0.27
• Price to Book (P/B): 1.05
• Price to Sales (P/S): 0.39
• P/FCF Ratio: -13.12
• 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: 61 Neutral
• Price Target: ₹4.00 ▲(11.11% Upside)
• Action: Reiterated Date: 04/02/26
• Date: Action: Reiterated 04/02/26

The score is supported by improving profitability and balance-sheet strength, but is held back by weak cash-flow quality (including negative operating cash flow in 2025) and very bearish technicals (below major moving averages with negative MACD and oversold momentum). A reasonable P/E provides some valuation support.

Positive Factors

Consistent revenue growth and improving margins

Sustained revenue expansion coupled with rising gross and net margins indicates durable operational improvement and stronger pricing or cost management. These margin gains support longer-term profitability resilience and provide headroom to invest in product capability and service networks over the next several quarters.

Negative Factors

Weak cash-flow quality; negative OCF in 2025

Negative operating cash flow and volatile cash conversion indicate earnings are not fully translating to cash, stressing working-capital funding for project execution. This structural cash-generation weakness can constrain capex, slow receivables cycles, and raise reliance on external financing over several quarters.

Ducon Infratechnologies Ltd. Business Overview & Revenue Model

Company Description

Ducon Infratechnologies Limited, a diversified technology company, operates in the digital and infrastructure business sectors in India. The company provides limestone, seawater, and dry sorbet injection type flue gas desulphurization (FGD) system...

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Ducon Infratechnologies Limited, a diversified technology company, operates in the digital and infrastructure business sectors in India. The company provides limestone, seawater, and dry sorbet injection type flue gas desulphurization (FGD) system...

How the Company Makes Money

DUCON primarily makes money by executing industrial engineering projects and supplying pollution-control equipment and systems to businesses. Its revenue is typically generated from (a) sale of engineered equipment and packaged systems (e.g., air-...

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DUCON primarily makes money by executing industrial engineering projects and supplying pollution-control equipment and systems to businesses. Its revenue is typically generated from (a) sale of engineered equipment and packaged systems (e.g., air-...

Ducon Infratechnologies Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	4.57B	4.52B	4.19B	3.96B	3.84B	3.42B
Gross Profit	467.99M	438.27M	246.04M	285.13M	255.38M	185.04M
EBITDA	314.18M	314.68M	215.86M	161.22M	164.29M	125.36M
Net Income	138.40M	135.49M	76.26M	40.98M	44.33M	4.15M
Balance Sheet
Total Assets	3.05B	3.02B	2.92B	2.76B	3.00B	2.78B
Cash, Cash Equivalents and Short-Term Investments	376.66M	374.40M	109.17M	103.42M	491.00K	651.00K
Total Debt	1.01B	1.02B	1.03B	949.07M	824.50M	653.19M
Total Liabilities	1.31B	1.34B	1.72B	1.53B	1.50B	1.33B
Stockholders Equity	1.74B	1.68B	1.20B	1.22B	1.50B	1.46B
Cash Flow
Free Cash Flow	56.31M	-134.27M	120.59M	4.86M	90.02M	-541.37M
Operating Cash Flow	56.44M	-130.78M	121.71M	6.21M	161.97M	-541.22M
Investing Cash Flow	-136.00K	-3.49M	-1.12M	-1.35M	-71.96M	-153.00K
Financing Cash Flow	-56.34M	399.50M	-120.63M	-4.82M	-90.17M	541.02M

Ducon Infratechnologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DUCON, the sentiment is Positive. The current price of 3.6 is above the 20-day moving average (MA) of 3.01, above the 50-day MA of 3.30, and below the 200-day MA of 4.56, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 63.39 is Neutral, neither overbought nor oversold. The STOCH value of 91.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	61 Neutral	₹1.15B	12.44	―	―	4.34%	-3.29%
DHRUV	56 Neutral	₹664.78M	-0.73	―	0.42%	-9.83%	-5.90%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
RKEC	48 Neutral	₹919.80M	20.28	―	―	-12.26%	-36.87%
BRNL	47 Neutral	₹1.72B	2.58	―	―	-57.13%	―
SADBHAV	46 Neutral	₹1.64B	-0.64	―	―	―	―
SADBHIN	43 Neutral	₹982.71M	-0.31	―	―	4.63%	67.17%

Ducon Infratechnologies Ltd. Corporate Events