Duncan Engineering Reports 34% Revenue Decline in Q1 FY2026
Duncan Engineering Limited reported a significant 30.7% decrease in total income for Q1 FY2026, falling to Rs. 1,477.37 lakhs from Rs. 2,132.96 lakhs in the previous quarter. Revenue from operations declined by 31.8% to Rs. 1,400.64 lakhs. Despite the revenue contraction, the company maintained its profit levels with a net profit after tax of Rs. 124.03 lakhs, only 0.9% lower than the previous quarter. The company's EPS stood at Rs. 3.36. The Board of Directors approved these unaudited financial results on July 25, 2025, and the statutory auditors issued an unmodified opinion.
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Duncan Engineering Limited , a player in the general engineering products segment, has released its unaudited financial results for the first quarter ended June 30, 2025. The company experienced a significant decline in revenue but managed to maintain a steady profit level compared to the previous quarter.
Financial Performance Highlights
The company reported a total income of Rs. 1,477.37 lakhs for Q1 FY2026, marking a substantial decrease of 30.7% from Rs. 2,132.96 lakhs in the previous quarter. The revenue from operations saw an even steeper decline of 31.8%, falling to Rs. 1,400.64 lakhs from Rs. 2,054.11 lakhs in the prior quarter.
Despite the revenue contraction, Duncan Engineering managed to maintain its profit levels. The net profit after tax stood at Rs. 124.03 lakhs, only marginally lower than the Rs. 125.16 lakhs reported in the previous quarter. This represents a slight decrease of 0.9% in net profit.
Key Financial Metrics
| Particulars (Rs. in Lakhs) | Q1 FY2026 | Q4 FY2025 | % Change |
|---|---|---|---|
| Revenue from Operations | 1,400.64 | 2,054.11 | -31.8% |
| Total Income | 1,477.37 | 2,132.96 | -30.7% |
| Net Profit After Tax | 124.03 | 125.16 | -0.9% |
| EPS (Basic & Diluted) (Rs.) | 3.36 | 3.39 | -0.9% |
The company's earnings per share (EPS) for the quarter stood at Rs. 3.36 for both basic and diluted calculations, compared to Rs. 3.39 in the previous quarter.
Operational Performance
The cost of materials consumed decreased to Rs. 967.67 lakhs in Q1 FY2026 from Rs. 1,167.55 lakhs in the previous quarter, aligning with the reduced revenue. Employee benefits expense also saw a slight increase to Rs. 467.50 lakhs from Rs. 457.16 lakhs in the prior quarter.
Board Approval and Auditor's Review
The unaudited financial results were approved by the Board of Directors at their meeting held on July 25, 2025. S S Kothari Mehta & Company LLP, the statutory auditors, conducted a limited review of the results and issued an unmodified opinion.
Segment Information
Duncan Engineering Limited continues to operate within a single primary business segment, namely "General Engineering Products."
The company's ability to maintain its profit levels despite a significant revenue decline suggests effective cost management strategies. However, the substantial drop in revenue may raise concerns about market conditions or competitive pressures in the general engineering products sector. Investors and stakeholders will likely be keen to see how Duncan Engineering addresses these challenges in the coming quarters.
Historical Stock Returns for Duncan Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +2.21% | -10.37% | +30.84% | -35.00% | +335.82% |
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