Company Financial Rusult In Crore

PERIOD	ASSET	REVENUE	PROFIT
31-Mar-2024	275.59	285.56	30.80
31-Mar-2023	230.34	258.67	22.15
31-Mar-2022	189.55	208.75	17.05

About The Company

After being founded as a Private Limited Company in 1982, Diffusion Engineers Limited experienced a number of important changes. One of the most important turning points in its corporate history was its 1995 conversion to a Public Limited Company.

From commencing manufacturing of welding electrodes in 1993 to crossing a turnover of ₹2000.00 million in 2023, Diffusion Engineers has consistently strived for excellence. Its entry into joint ventures and subsidiaries, as well as its land acquisitions for production plants, demonstrate its dedication to innovation and market leadership.

Its industrial capability is further validated by awards and accreditations. Recognitions such as the Best Employer Brands and Great Place to Work certifications affirm its dedication to employee welfare and organisational excellence. Moreover, accreditations by the National Accreditation Board underscore its commitment to quality and standards compliance.

 

Diffusion Engineers - Strength and Weakness

Strength

• A synergistic business model with 90.92% revenue from integrated products.
• We are serving major industries through 31 OEMs and 472 direct customers.
• Long-standing relationships with over 503 customers in FY24.
• Strategically located manufacturing units for efficient operations across India.

Weakness

• Dependence on domestic sales, with 89.75% revenue from India.
• All manufacturing units concentrated in Nagpur, Maharashtra, risking disruptions.
• Risks of delays in new facility setup impacting growth plans.