loader2
Login Open ICICI 3-in-1 Account
Text Size
Text to Speech
Color Contrast
Pause Animations

Diffusion Engineers Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Diffusion Engineers Ltd. 09 Feb 2026 12:03 PM

Q3FY26 Quarterly Result Announced for Diffusion Engineers Ltd.

Industrial Goods company Diffusion Engineers announced Q3FY26 results

  • Revenue from operations was Rs 1,008.24 million in Q3FY26, as against Rs 791.98 million in Q3FY25, YoY increase of 27.31%.
  • EBITDA (excluding Other Income) was at Rs 135.05 million in Q3FY26 as against Rs 104.72 million in Q3FY25 increase of 28.96%.
  • EBITDA Margin (Excl. Other Income) for the quarter at 13.39%.
  • Profit after Tax stood at Rs 120.11 million in Q3FY26 compared to Rs 71.01 million in Q3FY25, YoY increase of 69.14%.

Prashant Garg, Chairman & Managing Director, Diffusion Engineers, said: “During the Q3FY26, on a consolidated basis, we recorded revenue of Rs 1,008.24 million, EBITDA (excluding other income) of Rs 135.05 million, and PAT of Rs 120.11 million representing an increase of 69.14% over Q3FY25. For the nine months of FY26, on a consolidated basis, we achieved Revenue of Rs 2,650.54 million representing a growth of ~13.88% over 9MFY25 and PAT of Rs 344.40 million representing a growth of 49.55% increase on a year-on-year basis.

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 Rs 1,934.08 million, spanning the cement, power, and mineral processing sectors. This strong and diversified order position underscores continued customer confidence in our engineering capabilities and the strength of our broad product portfolio.

Operationally, demand remains strong across cement, steel, power, mining, and engineering segments, supported by increased industrial activity and higher maintenance and capex spending. While execution of certain long-lead heavy engineering orders is phased due to extended sourcing timelines, we expect a meaningful pickup in deliveries during the second half of the financial year. Our high share of repeat customers continues to underscore the critical nature of our offerings and strong customer relationships.

We are progressing well on our ongoing capacity expansion programs, including the new heavy engineering facility and enhanced welding consumables and wear plate capacities, which are expected to come on stream in a phased manner by the end of FY26. These investments, funded through internal accruals and IPO proceeds, are aimed at supporting future growth, improving execution capability, and enabling a shift towards higher-value engineering solutions. With operating leverage, improving product mix, and scale benefits, we remain focused on driving margin expansion over the medium term.

In line with our strategic objective of expanding into high-growth, technology-driven segments, the Company has also approved a proposed investment in Tejorup Sunmay Systems Pvt. Ltd., thereby further strengthening our long-term growth platform and diversification strategy.

Looking ahead, supported by a strong order book, favorable demand conditions, and expanded manufacturing capabilities, we are confident of sustaining double-digit revenue growth and improving profitability. Our strategic focus on execution excellence, capacity augmentation, and customer-centric innovation positions us well to capitalize on emerging opportunities and create long-term value for all stakeholders.

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.”

Result PDF

Industrial Goods company Diffusion Engineers announced Q2FY26 results

  • Revenue from operations for the financial year was Rs 835.66 million in Q2FY26, as against Rs 824.67 million in Q2FY25, YoY increase of 1.33%, reflecting a year-on-year improvement and a solid base for future expansion. The company continued to demonstrate its resilience and potential for sustained growth.
  • EBITDA (excluding Other Income) was at Rs 123.67 million in Q2FY26 as against Rs 126.82 million in Q2FY25.
  • EBITDA Margin (Excl. Other Income) for the quarter at 14.80%.
  • Profit after Tax stood at Rs 101.65 million in Q2FY26 compared to Rs 85.07 million in Q2FY25, YoY increase of 19.49%.

Prashant Garg, Chairman & Managing Director, Diffusion Engineers, said: “During the Second quarter ended 30th September 2025, we recorded revenue of Rs 835.66 million, EBITDA (excluding other income) of Rs 123.67 million, and PAT of Rs 101.65 million representing an increase of 19.48% over Q2FY24. For the first half of FY26, we achieved Revenue Of Rs 1642.31 million representing a growth of ~7% over H1FY24 and PAT of Rs 224.30 million Representing a growth of ~42% increase on a YoY basis.

We are pleased to share that Diffusion Engineers Limited has received significant orders in the last two quarters, further strengthening our order book and enhancing revenue visibility. Our healthy order book of over Rs 170 crore driven by strong demand for Roll Press Rolls for the cement sector and heavy engineering applications reflects the confidence that customers place in our engineering capabilities, product reliability, and long-standing industry relationships. These developments position us well for sustained growth in the coming quarters.

With new capacities scheduled to come online in FY26E and the completion of our ongoing capex, we are targeting to double our topline in the medium to long term. We also expect EBITDA margin expansion, supported by economies of scale, improved operating leverage, and an enhanced product mix driven by higher-value manufacturing.

Looking ahead, with a robust order book, healthy demand across core sectors, and our ongoing operational initiatives, we are confident of delivering sustainable growth and improved profitability in the coming quarters. 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”

Result PDF

Industrial Goods company Diffusion Engineers announced Q4FY25 & FY25 results

Consolidated Q4FY25 Financial Highlights:

  • Revenue from operations for the financial year was Rs 1,024.48 million in Q4FY25, as against Rs 739.44 million in Q4FY24, YoY increase of 38.55%. 
  • EBITDA (excluding Other Income) was at Rs 147.01 million in Q4FY25 as against Rs 80.53 million in Q4FY24, increase of 82.55% 
  • EBITDA Margin for the quarter stood by 346 bps points to 14.35%
  • Profit after Tax stood at Rs 130.10 million in Q4FY25 compared to Rs 91.78 million in Q4FY24, YoY increase of 41.75% on account of increased in interst income and reduction in direct expenses

Consolidated FY25 Financial Highlights:

  • Revenue from operations stood at Rs 3,351.96 million for FY25 compared to Rs 2,781.45 million for FY24
  • EBITDA stood at Rs 470.76 million for FY25 compared to Rs 388.69 million for FY24
  • PAt stood at Rs 360.40 million for FY25 compared to rs 308.05 million for FY24 

Standalone Q4FY25 Financial Highlights:

  • Revenue from operations for the financial year was Rs 1,008.89 million in Q4FY25, as against Rs 691.65 million in Q4FY24, YoY increase of 45.87%.
  •  EBITDA (excluding Other Income) was at Rs 135.02 million in Q4FY25 as against Rs 86.88 million in Q4FY24, increase of 55.41% due to reduction in direct expenses resulting higher gross profit margin and additionally better absorption of other costs
  • EBITDA Margin for the quarter stood at 13.38%, YoY improvement of 82 bps
  • Profit after Tax stood at Rs 120.40 million in Q4FY25 compared to Rs 74.52 million in Q4FY24, YoY increase of 61.57% on account of reduction in direct expenses and higher interest income resulting in better profit margins

Standalone FY25 Financial Highlights:

  • Revenue from operations for the financial year was Rs 3,160.07 million in FY25, as against Rs 2,571.26 million in FY24, YoY increase of 22.90%.
  • EBITDA (excluding Other Income) was at Rs 408.82 million in FY25 as against Rs 302.72 million in FY24, increase of 35.05% due to due to reduction in direct expenses resulting higher gross profit margin and additionally better absorption of other costs
  • EBITDA Margin for the year stood at 12.94%, YoY improvement of 117 bps
  • Profit after Tax stood at Rs 337.53 million in FY25 compared to Rs 233.97 million in FY24, YoY increase of 44.26%

Commenting on the Company’s performance, Prashant Garg, Chairman & Managing Director, Diffusion Engineers said: “During the fourth quarter ended 31st March 2025 we have registered a Revenue of Rs 1,024.48 million, EBITDA of Rs 147.01 million and PAT of Rs 130.10 million. This performance was underpinned by the successful completion of the WIP to sales of high-value orders, further supported by strong demand from the core sectors—cement, steel and engineering. The favorable market conditions also enabled successful cross-selling of our service offerings, contributing meaningfully to our topline

I am pleased to announce that the Board of Directors has recommended a final dividend of 15% for the financial year 2024-25. This decision is a testament to the strength of our business fundamentals, resilience of our operations, and the healthy cash flows we continue to generate. It reflects not just our commitment to reward our valued shareholders, but also our confidence in the long-term growth trajectory of the Company. We see this dividend as both a token of appreciation for your continued trust and a signal of the robust future we are building together.

As part of our commitment to nurturing a high-performance culture and aligning the interests of our employees with those of our shareholders, we have approved the introduction of an Employee Stock Option Plan (ESOP) through a trust-based structure, encompassing up to 7,00,000 equity shares. This strategic initiative is designed to attract, retain, and motivate top talent across the organization by offering them an opportunity to participate in the Company’s growth journey. The ESOP Trust will administer the scheme in a structured and transparent manner, with grants linked to individual performance and tenure, thereby reinforcing a culture of ownership and long-term value creation. We believe this initiative will cultivate a deeper sense of ownership among our employees, enhance engagement, and support long-term value creation for all stakeholders

As we reflect on this quarter, we reaffirm our commitment to innovation and excellence. We are working towards increasing our presence across newer industries to widen our customer base. I am glad to inform you that we have recently received a prestigious order from Heavy Vehicle Factory for our Flux Cored Wires. We are on track to develop newer solutions for other sectors like Indian Railways, Nuclear, Mining, Oil and Gas.

Our accomplishments in gaining industry recognition, expanding our international client base, and investing in strategic assets have collectively strengthened our competitive edge. We are poised to build on these milestones to drive sustained success in the coming quarters

I would like to thank each member of the Diffusion family, our Clients, Creditors, Banks, Financial Institutions, and all other StakeholdeRs Their faith in us and support extended makes it easier for us to strive and excel.

Thank you for your ongoing support and trust in Diffusion Engineers”

Result PDF

Industrial Goods company Diffusion Engineers announced Q3FY25 results

  • Revenue from operations: Rs 791.98 million for Q3FY25.
  • EBITDA: Rs 104.71 million for Q3FY25.
  • PAT: Rs 71.00 million for Q3FY25.

Prashant Garg, Chairman & Managing Director, Diffusion Engineers, said: “During the Q3FY25 we have registered a Revenue of Rs 791.98 million, EBITDA of Rs 104.71 million and PAT of Rs 71.0 million. This growth was mainly driven by strong sales momentum across all units. This growth reflects sustained market demand, enhanced execution, and higher capacity utilization, due to improvement in operational efficiency.

We are pleased to announce the successful completion of our IPO and listing on the BSE and NSE on October 4, 2024. This milestone strengthens our financial position, enhances market visibility, and enables strategic investments in growth and innovation.

As part of our strategic expansion initiatives, Company has approved the establishment of a whollyowned subsidiary, tentatively named "Diffusion Engineers Middle East," subject to regulatory approval in the UAE. This strategic expansion will enable Company to provide welding services and light fabrication solutions, tapping into growing demand in the Middle Eastern markets and further strengthening its regional presence.

I am pleased to announce appointment of Mr. Ramesh Kumar N as the Chief Executive Officer, with effective from February 13, 2025. His leadership and expertise will be invaluable in driving our growth strategy and strengthening Diffusion Engineers’ market position.

As we review this quarter, we reaffirm our commitment to innovation and excellence. Our achievements in industry recognition, global expansion, and strategic investments have strengthened our competitive edge, positioning us for sustained success in the coming quarters.

I would like to thank each member of the Diffusion family, as well as our Clients, Creditors, Banks, Financial Institutions, and all other Stakeholders. Their faith in us and support extended makes it easier for us to strive and excel. Thank you for your ongoing support and trust in Diffusion Engineers.”

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Get it on google Play Store Download on the App Store
market app