Diffusion Engineers Limited is a leading Indian company specializing in repair and maintenance solutions for industrial equipment. Renowned for its expertise in welding, wear resistance, and refurbishment technologies, the company offers innovative solutions to extend the life of machinery and reduce downtime for industrial operations. With a focus on quality and technological advancements, Diffusion Engineers has established itself as a trusted partner in industrial maintenance. As of December,13, 2024, the Diffusion Engineers share price on the NSE is ₹346. Below are the projected Diffusion Engineers share price target for the years 2024, 2025, 2026, 2027, 2030, 2035 And 2040.
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Diffusion Engineers Corporation of India Ltd. Company Overview
Founded in 1982 and headquartered in Nagpur, Maharashtra, Diffusion Engineers provides a comprehensive range of products and services, including welding alloys, wear plates, repair and maintenance services, and thermal spray solutions. The company caters to industries such as steel, power, cement, mining, and manufacturing, offering customized solutions to address their specific maintenance challenges.
Company type | Private |
Traded as | BSE: 544264 NSE: DIFFNKG |
ISIN | INE184O01015 |
Industry | Electrodes – Welding Equipment |
Founded | 1982; 42 years ago |
Headquarters | T-5 & 6, MIDC, Hingna Industrial Area, Nagpur – 440016 Maharashtra, India |
Area served | India |
Key people | Prashant Garg (MD) Chitra Garg (ED) |
Services | Welding Consumables Wear Plates & Components Heavy Engineering Reconditioning Services |
Revenue | ₹278 crore (2024) |
Net income | ₹31 crore (2024) |
Total assets | ₹382 crore (2024) |
Owner | Narendra Kumar Garg |
Number of employees | 320 (2024) |
Website | www.diffusionengineers.com |
Diffusion Engineers Share Price Target 2025 to 2040 Forecast
Year | Year High Target (₹) | Year Low Target (₹) | Year-End Target (₹) |
2024 | 490 | 200 | 360 |
2025 | 600 | 280 | 520 |
2026 | 730 | 400 | 680 |
2027 | 850 | 520 | 790 |
2028 | 1010 | 650 | 950 |
2029 | 1150 | 800 | 1050 |
2030 | 1300 | 950 | 1200 |
2035 | 2600 | 1100 | 2450 |
2040 | 4050 | 2200 | 3600 |
Technical Analysis for Diffusion Engineers Limited
Diffusion Engineers Share Price Target 2025
Year | 1st Target | 2nd Target |
2025 | ₹540 | ₹600 |
Diffusion Engineers, a prominent player in the repair and maintenance solutions industry, is positioned for strong growth in 2025. With its expertise in welding technology and innovative solutions for industrial maintenance, the company is expected to benefit from the increasing demand in manufacturing and infrastructure sectors. For 2025, the first target share price is projected at ₹540, with a second target of ₹600, reflecting steady growth and market expansion.
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Diffusion Engineers Share Price Target 2026
Year | 1st Target | 2nd Target |
2026 | ₹660 | ₹730 |
In 2026, Diffusion Engineers is likely to continue its upward momentum, driven by the adoption of advanced technologies and increased demand for specialized engineering solutions. The company’s strategic focus on innovation and efficiency enhancement is expected to boost profitability. The first target share price for 2026 is estimated at ₹660, with a second target of ₹730, highlighting its sustained growth trajectory.
Diffusion Engineers Share Price Target 2027
Year | 1st Target | 2nd Target |
2027 | ₹800 | ₹850 |
By 2027, Diffusion Engineers is anticipated to capitalize on its strong market position and growing customer base. The company ability to deliver high-quality solutions and adapt to evolving industry needs will likely enhance its valuation. The first target share price is projected at ₹800, with a second target of ₹850, reflecting its robust performance and growth potential.
Diffusion Engineers Share Price Target 2028
Year | 1st Target | 2nd Target |
2028 | ₹950 | ₹1010 |
Diffusion Engineers is expected to achieve significant milestones in 2028, supported by its focus on innovation and market diversification. With the increasing demand for cost-effective repair and maintenance solutions, the first target share price for 2028 is forecasted at ₹950, with a second target of ₹1010, showcasing its strong growth outlook.
Diffusion Engineers Share Price Target 2029
Year | 1st Target | 2nd Target |
2029 | ₹1100 | ₹1150 |
In 2029, Diffusion Engineers continued efforts to expand its product portfolio and penetrate new markets are likely to drive further growth. The company’s emphasis on research and development will strengthen its competitive edge. The first target share price is anticipated to be ₹1100, with a second target of ₹1150, reflecting its strong market position.
Diffusion Engineers Share Price Target 2030
Year | 1st Target | 2nd Target |
2030 | ₹1250 | ₹1300 |
Looking toward 2030, Diffusion Engineers is poised to solidify its position as a leader in the repair and maintenance industry. Its investments in technology and commitment to sustainability are expected to deliver long-term value. The first target share price is projected at ₹1250, with a second target of ₹1300, underscoring its steady growth trajectory.
Diffusion Engineers Share Price Target 2035
Year | 1st Target | 2nd Target |
2035 | ₹2000 | ₹2600 |
By 2035, Diffusion Engineers is expected to emerge as a global leader in its field, driven by its innovative solutions and expanding market presence. The first target share price is estimated at ₹2000, with a second target of ₹2600, indicating significant value creation for long-term investors and strong market confidence.
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Diffusion Engineers Share Price Target 2040
Year | 1st Target | 2nd Target |
2040 | ₹3500 | ₹4050 |
Over the long term, Diffusion Engineers continued to focus on technological advancements, customer-centric solutions, and global expansion is expected to result in exponential growth by 2040. The first target share price is projected at ₹3500, with a second target of ₹4050, reflecting its dominance in the industry and substantial growth prospects.
Diffusion Engineers Limited Fundamentals
Parameter | Value |
Market Cap | ₹1,272 Cr |
P/E Ratio | 41.51 |
P/B Ratio | 3.65 |
Industry P/E | 51.86 |
Debt to Equity | 0.18 |
ROE | 0.00% |
EPS | 8.19 |
Dividend Yield | 0.11% |
52 Week High | ₹490 |
52 Week Low | ₹193 |
Book Value | 93.17 |
Face Value | 10 |
Diffusion Engineers Limited Financial Results
All In ₹Cr | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 |
Sales | 154 | 154 | 205 | 255 | 278 |
Expenses | 137 | 137 | 182 | 227 | 239 |
Operating Profit | 17 | 17 | 22 | 28 | 39 |
OPM % | 11% | 11% | 11% | 11% | 14% |
Other Income | 2 | 3 | 5 | 7 | 9 |
Interest | 2 | 2 | 1 | 2 | 2 |
Depreciation | 3 | 3 | 4 | 4 | 5 |
Profit before tax | 13 | 14 | 22 | 29 | 41 |
Tax % | 27% | 27% | 22% | 23% | 25% |
Net Profit | 9 | 11 | 17 | 22 | 31 |
EPS in Rs | 25.39 | 29.81 | 45.54 | 59.29 | 10.94 |
Dividend Payout % | 0% | 0% | 9% | 0% | 5% |
Diffusion Engineers Limited Balance Sheet
All In ₹Cr | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
Equity Capital | 4 | 4 | 4 | 28 | 28 |
Reserves | 91 | 117 | 138 | 163 | 253 |
Borrowings | 32 | 25 | 48 | 34 | 49 |
Other Liabilities | 42 | 44 | 40 | 50 | 52 |
Total Liabilities | 169 | 190 | 230 | 276 | 382 |
Fixed Assets | 62 | 60 | 64 | 91 | 95 |
CWIP | 0 | 0 | 2 | 1 | 1 |
Investments | 13 | 19 | 20 | 29 | 30 |
Other Assets | 94 | 110 | 145 | 154 | 257 |
Total Assets | 169 | 190 | 230 | 276 | 382 |
Diffusion Engineers Limited Shareholding Pattern
Oct 2024 | |
Promoters | 69.70% |
FIIs | 2.95% |
DIIs | 8.53% |
Public | 18.82% |
No. of Shareholders | 38,582 |
Diffusion Engineers Limited Peer comparison
Sector: Capital Goods-Non Electrical Equipment | Industry: Electrodes – Welding Equipment | ||||
Name | P/E | Mar CapRs.Cr. | Div Yld% | NP QtrRs.Cr. | ROCE% |
Esab India | 56.84 | 9652.73 | 1.77 | 43.16 | 75.86 |
Ador Welding | 26.53 | 1987.41 | 1.62 | -16.09 | 24.22 |
Diffusion Eng | 43.65 | 1279.79 | 0.00 | 8.51 | 19.74 |
GEE | 42.83 | 386.71 | 0.00 | 1.91 | 9.30 |
D & H India | 43.52 | 130.56 | 0.00 | 0.65 | 9.89 |
Rasi Electrodes | 29.72 | 107.02 | 0.00 | 0.80 | 12.84 |
Auro Impex | 20.59 | 98.22 | 0.00 | 2.32 | 19.82 |
FAQs
Q.1. What is the share price target for Diffusion Engineers in 2025?
Ans: The share price is expected to reach ₹540 for the first target and ₹600 for the second target, reflecting steady growth as the company strengthens its market position.
Q.2. What is the share price target for Diffusion Engineers in 2026?
Ans: By 2026, the share price may increase to ₹660 for the first target and ₹730 for the second target, driven by higher demand for the company’s engineering solutions.
Q.3. What is the share price target for Diffusion Engineers in 2027?
Ans: In 2027, the price could grow further to ₹800 for the first target and ₹850 for the second target, showcasing robust performance.
Q.4. What is the share price target for Diffusion Engineers in 2028?
Ans: By 2028, the share price might rise to ₹950 for the first target and ₹1,010 for the second target, reflecting continued market expansion.
Q.5. What is the share price target for Diffusion Engineers in 2029?
Ans: In 2029, the price is projected to reach ₹1,100 for the first target and ₹1,150 for the second target, fueled by long-term growth strategies.
Q.6. What is the share price target for Diffusion Engineers in 2030?
Ans: By 2030, the share price could climb to ₹1,250 for the first target and ₹1,300 for the second target, as the company establishes itself further.
Q.7. What is the share price target for Diffusion Engineers in 2035?
Ans: By 2035, the price may jump to ₹2,000 for the first target and ₹2,600 for the second target, reflecting significant growth in its business model and revenues.
Q.8. What is the share price target for Diffusion Engineers in 2040?
Ans: For 2040, the share price is anticipated to reach ₹3,500 for the first target and ₹4,050 for the second target, driven by sustained expansion and innovation.
Q.9. Who is the CEO of Diffusion Engineers?
Ans: Prashant Garg serves as the CEO and Managing Director of Diffusion Engineers Limited. He has held the CEO position since March 2020 and has been involved with the company for over two decades.
Q.10. What are the NSE and BSE codes for Diffusion Engineers?
Ans: Diffusion Engineers Ltd. is listed on both NSE and BSE with the following details: NSE Code: DIFFNKG BSE Code: 544264

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