Login
Products
Login
Home
Alerts
Search
Watchlist
Products

Disa India Ltd

DISAQ
BSE
12,260.00
0.23%
Last Updated:
30 Apr '26, 4:00 PM
Company Overview
Alert
Watchlist
Note

Disa India Ltd

DISAQ
BSE
12,260.00
0.23%
30 Apr '26, 4:00 PM
Company Overview
Add Alert
Add to Watchlist
Edit Note
6M
Price
Charts
Documents

Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
1,783Cr
Close
Close Price
12,260.00
Industry
Industry
Capital Goods - Engineering Heavy
PE
Price To Earnings
33.54
PS
Price To Sales
4.03
Revenue
Revenue
443Cr
Rev Gr TTM
Revenue Growth TTM
16.98%
PAT Gr TTM
PAT Growth TTM
4.52%
Peer Comparison
How does DISAQ stack up?
Compare up to 10 companies side by side across valuation, profitability, and growth.
DISAQ
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
7691806196968799108102104129
Growth YoY
Revenue Growth YoY%
5.241.317.115.726.45.87.862.812.46.319.629.5
Expenses
ExpensesCr
6472695681797587908789107
Operating Profit
Operating ProfitCr
12191151617121218151422
OPM
OPM%
15.820.413.98.016.118.013.912.317.014.613.916.9
Other Income
Other IncomeCr
341445631430
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
111111111111
PBT
PBTCr
14211181821171318181620
Tax
TaxCr
453255435545
PAT
PATCr
1016861315121013131215
Growth YoY
PAT Growth YoY%
-20.2111.0-14.2145.727.4-3.050.374.3-3.3-14.2-2.351.7
NPM
NPM%
13.517.310.39.413.715.814.410.111.712.811.811.8
EPS
EPS
71.0107.757.139.590.5104.585.968.987.589.783.9104.5

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
143165205252233185256262329390443
Growth
Revenue Growth%
15.424.422.8-7.3-20.738.42.325.418.813.4
Expenses
ExpensesCr
130150182215197158210227278330373
Operating Profit
Operating ProfitCr
1315233737274635506070
OPM
OPM%
8.99.211.414.515.714.818.013.315.315.415.7
Other Income
Other IncomeCr
755789101113148
Interest Expense
Interest ExpenseCr
00000011110
Depreciation
DepreciationCr
32224445555
PBT
PBTCr
1718264140325240586972
Tax
TaxCr
679121081310151819
PAT
PATCr
1111172930243930435053
Growth
PAT Growth%
6.547.971.33.4-18.459.8-22.944.017.65.4
NPM
NPM%
7.46.88.211.412.713.115.111.413.112.912.0
EPS
EPS
70.275.7114.5196.7203.4166.1265.4204.7294.7346.7365.6

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
21111111111
Reserves
ReservesCr
10791108136165189205218244265276
Current Liabilities
Current LiabilitiesCr
524978886581128134173170166
Non Current Liabilities
Non Current LiabilitiesCr
31002532100
Total Liabilities
Total LiabilitiesCr
163143187225234277337355420437443
Current Assets
Current AssetsCr
136118160199206236292296365341363
Non Current Assets
Non Current AssetsCr
2825272628414560559680
Total Assets
Total AssetsCr
163143187225234277337355420437443

Cash Flow

Consolidated
Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
1513241696818395632
Investing Cash Flow
Investing Cash FlowCr
-1315-20-12-5-78-194-3814
Financing Cash Flow
Financing Cash FlowCr
0-28-1-113-4-39-18-31
Net Cash Flow
Net Cash FlowCr
1-1446-6-54016
Free Cash Flow
Free Cash FlowCr
151024124623245111
CFO To PAT
CFO To PAT%
136.8111.3145.557.130.7281.946.1130.8130.362.8
CFO To EBITDA
CFO To EBITDA%
114.482.5104.444.624.9248.538.7111.8111.552.8

Ratios

Consolidated
Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
5747278739054916819071,1532,0122,025
Price To Earnings
Price To Earnings
54.664.252.131.516.628.123.438.646.840.0
Price To Sales
Price To Sales
4.04.44.33.62.13.73.54.46.15.2
Price To Book
Price To Book
5.37.88.06.62.93.64.45.28.27.6
EV To EBITDA
EV To EBITDA
40.044.134.022.010.418.615.627.935.430.3
Profitability Ratios
Profitability Ratios
GPM
GPM%
44.841.841.142.446.143.544.543.140.940.5
OPM
OPM%
8.99.211.414.515.714.818.013.315.315.4
NPM
NPM%
7.46.88.211.412.713.115.111.413.112.9
ROCE
ROCE%
15.319.823.929.824.217.225.118.423.625.9
ROE
ROE%
9.812.215.320.817.812.718.713.617.418.9
ROA
ROA%
6.57.98.912.712.78.711.48.410.211.6
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** DISA India Limited operates exclusively in the **manufacturing and sale of foundry machinery and machinery parts**, serving both domestic and international markets. As part of the **Norican Group**, a global leader in foundry technologies, DISA India leverages over four decades of collaboration with DISA Industries A/S (Denmark) to deliver advanced, integrated solutions under the “Full Foundry” concept. The company maintains a dominant market position in India and is expanding its global footprint through localized manufacturing, digital innovation, and strategic aftermarket services. --- ### **Business Model & Market Position** - **Market Leadership**: DISA India holds **over 50% market share** in the Indian foundry sector, sustained for many years due to its technological superiority, consultative sales approach, and comprehensive service offerings. - **Business Segment**: Operates in a single segment—**foundry machinery and parts**—with a strong focus on **automotive, infrastructure, and export-oriented foundries**. - **Full Foundry Approach**: Offers end-to-end integrated solutions combining equipment, digital tools, process expertise, and lifecycle support, enhancing customer productivity and reducing cost per kilogram of casting. --- ### **Growth & Expansion Strategy (2025 Outlook)** #### **Global Footprint & Export Growth** - **Export Reach**: Exports equipment and services to over **30 countries**, including Europe, the U.S., Middle East, CIS, South Asia, and Australia. - **Targeted Expansion**: Actively expanding into **Southeast Asia** and reinforcing presence in the Middle East (Qatar, Uzbekistan) with turnkey foundry projects. - **Manufacturing Base**: Indian operations at the **Tumkur plant** serve as a key export hub for the Norican Group, manufacturing machines under license from DISA Industries A/S. #### **Capacity & Investment** - **New Facility Development**: Norican Group is investing in a **new manufacturing facility near Tumkur**, aimed at increasing production capacity and meeting rising global demand. - **Renewable Energy Integration**: Since March 2024, the Tumkur plant sources power from a **wind farm**, aligning with the company’s SBTi (Science-Based Targets initiative) commitment to reduce carbon emissions. --- ### **Digital Transformation & Innovation** #### **Digital Solutions** - **Monitizer Platform**: A core component of digital transformation, offering: - Real-time data analytics for improved efficiency - Predictive maintenance - Reduced downtime, waste, and emissions - **Norigate Device**: Now standard on most new equipment, ensuring machines are **“digital ready”** and enabling seamless integration into Industry 4.0 ecosystems. - **Digital Retrofitting**: Actively digitizing the **global installed base** through IIoT and AI-powered solutions, enhancing operational performance. #### **Technology Transfer & Localization** - Successfully launched the **SIMPSON Multi Cooler**—the **first of its kind manufactured in India**, developed through technology transfer. - Enhanced capabilities via **DISA Technologies Private Ltd.**, with a **30% increase in engineering staff** and specialized training at international centers in **Europe and the U.S.** #### **Innovation Showcase** - Demonstrated Made-in-India innovations at **IFEX 2025**, including advanced casting from DISA machines and digital solutions under the **TAG brand**. - Presented **Wheelabrator TITAN Wheel** technology and the **Full Foundry** suite, reinforcing technical leadership. --- ### **Aftermarket & Service Excellence** #### **Service Model** - **Six-Year-Old Long-Term Contracts Model**: Proven to enhance customer productivity, reduce downtime, and lower casting costs. - **Full-Service Initiative (FY 2024–25)**: Introduced new sales strategies, product innovations, and customer segmentation to transform after-sales support. - **Lifecycle-Based Solutions**: Tailored service packages improve responsiveness and alignment with customer needs. #### **Distributor Network** - Strengthened network with **distributor warehouses in nine locations** across India (Delhi/NCR, Ludhiana, Pune, Coimbatore, Jamshedpur, etc.). - Focus on **localized spare parts availability** creates a competitive supply chain advantage, reducing lead times and combating counterfeit parts. #### **Remanufacturing** - Established a **remanufacturing facility in Kolhapur** for DISA ARPA equipment, supporting sustainability and long-term value for customers with aging installations. --- ### **Strategic Collaborations & Sustainability** #### **Industry Partnerships** - Partnered with the **National Institute of Advanced Manufacturing Technology (NIAMT), Ranchi**, to promote education, R&D, and workforce development. - Hosted **Customer Symposium in Moradabad**, engaging stakeholders on future technologies and productivity enhancement. #### **Sustainability Commitment** - Tumkur plant’s shift to wind energy marks a milestone in decarbonization. - Digitalization initiatives (e.g., Monitizer) help customers reduce energy use and emissions—supporting broader ESG goals. --- ### **Challenges & Strategic Response** | **Challenges** | **Company Response** | |----------------|------------------------| | **Capacity underutilization** and **tight liquidity** in capital goods sector | Diversifying revenue streams, investing in digital solutions, and expanding geographies | | **Increasing competition** from global players and domestic forgers | Maintaining edge through innovation, localization, and in-house engineering excellence | | **Evolving trade policies** (e.g., U.S.) | Strengthening distributor networks and focusing on non-impacted regions | | **Global economic slowdown** | Building operational agility, leaner organization, and proactive monitoring | --- ### **Corporate & Global Structure** - **Parent Group**: **Norican Group**, operating through **10 countries**, including India, U.S., Germany, Italy, Japan, Mexico, Spain, and the UK. - **Key Subsidiaries**: - DISA India Ltd. (India) - DISA Technologies Pvt. Ltd. & Bhadra Castalloy Pvt. Ltd. (India) - Italpresse Gauss (Italy), StrikoWestofen (Mexico), Wheelabrator Group (Spain/UK/Poland) - **North American Presence**: Includes DISA Industries Inc., Wheelabrator Group Inc., and Schmidt Manufacturing, Inc. ---