500068
Disa India share price & financials
- Price
- ₹12,280
- Market cap
- ₹1.7k Cr
- Sector
- Capital Goods
What Disa India does
DISA India manufactures and sells DISA-brand sand moulding machines and Wheelabrator-brand shot-blasting machines and other environmental/air pollution control equipment used by foundries to produce metal castings, chiefly for the automotive industry. Under parent Norican Group's brand umbrella it also offers StrikoWestofen melting and dosing furnaces, SIMPSON sand-preparation systems, and Monitizer IIoT-based production-monitoring solutions, alongside a growing aftermarket parts-and-service business. The company manufactures in India and routes export sales through group company DISA Industries A/S, Denmark, while importing spare parts and semi-finished components used in local manufacture and after-sales support.
Segments
- Foundry Equipment (DISA Moulding Machines)
- Wheel & Air (Shot Blasting & Environmental Control)
- Aftermarket Parts & Service
- Manufacturing facility
- Tumkur, Karnataka (single plant); new adjacent facility under construction, expected on stream Q4 FY26
- Product/brand lines
- 5 (DISA, Wheelabrator, SIMPSON, StrikoWestofen, Monitizer)
- Regional sales offices
- New Delhi, Kolkata, Pune, plus Bangalore corporate headquarters
- Export markets
- Europe and the United States, with expansion underway into Southeast Asia
- In-house engineering/R&D unit
- DISA Technologies design and engineering centre
- Tumkur plant power source
- Wind power (fully renewable electricity supply)
Quarterly results
Q1 FY27: revenue down 14.7%, net profit down 15.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 85 | 98 | 108 | 102 | 104 +22% | 129 +32% | 91 −16% | 87 −15% |
| EBITDA | 12 | 12 | 19 | 15 | 15 +25% | 22 +83% | 16 −16% | 13 −13% |
| Net profit | 12 | 10 | 17 | 13 | 12 +0% | 15 +50% | 13 −24% | 11 −15% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −15.8% 1Y
1Y: ₹14,062.5 on 10 Sept 2025 → ₹11,835.25. High ₹14,180.45 (19 Sept 2025), low ₹10,963.05 (23 Mar 2026).
Financials, as filed
Revenue grew 19.1% a year over 3 years, FY23 to FY26. Operating margin widened to 16.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹252 Cr | ₹319 Cr | ₹385 Cr | ₹426 Cr |
| Operating profit | ₹32 Cr | ₹49 Cr | ₹60 Cr | ₹68 Cr |
| Operating margin | 12.7% | 15.4% | 15.6% | 16.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹28 Cr | ₹42 Cr | ₹54 Cr | ₹53 Cr |
| Net margin | 11.1% | 13.2% | 14.0% | 12.4% |
| Cash from operations | ₹38 Cr | ₹54 Cr | ₹34 Cr | ₹13 Cr |
| Free cash flow | ₹23 Cr | ₹49 Cr | ₹12 Cr | ₹-16 Cr |
| ROCE | 18.0% | 26.0% | 29.0% | 27.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Reserves | ₹186 Cr | ₹200 Cr | ₹212 Cr | ₹238 Cr | ₹272 Cr | ₹300 Cr |
| Borrowings | ₹6 Cr | ₹4 Cr | ₹3 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹79 Cr | ₹125 Cr | ₹131 Cr | ₹170 Cr | ₹166 Cr | ₹170 Cr |
| Total liabilities | ₹272 Cr | ₹331 Cr | ₹348 Cr | ₹411 Cr | ₹439 Cr | ₹472 Cr |
| Fixed assets | ₹20 Cr | ₹31 Cr | ₹42 Cr | ₹40 Cr | ₹62 Cr | ₹61 Cr |
| Capital work in progress | ₹0 Cr | ₹4 Cr | ₹0 Cr | ₹1 Cr | ₹6 Cr | ₹29 Cr |
| Investments | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Other assets | ₹248 Cr | ₹292 Cr | ₹301 Cr | ₹366 Cr | ₹367 Cr | ₹378 Cr |
| Total assets | ₹272 Cr | ₹331 Cr | ₹348 Cr | ₹411 Cr | ₹439 Cr | ₹472 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 4% to 4,735.
- Promoters
- 74.8%
- FIIs
- 0.0%
- DIIs
- 8.3%
- Public
- 16.9%
Since Jun 2025
- DIIs +0.06 pp
- Public −0.05 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 74.8%, FIIs 0.0%, DIIs 8.0%, Public 17.1%.Dec '23: Promoters 74.8%, FIIs 0.0%, DIIs 8.0%, Public 17.1%.Mar '24: Promoters 74.8%, FIIs 0.0%, DIIs 8.0%, Public 17.1%.Jun '24: Promoters 74.8%, FIIs 0.0%, DIIs 8.0%, Public 17.1%.Sep '24: Promoters 74.8%, FIIs 0.0%, DIIs 8.1%, Public 17.1%.Dec '24: Promoters 74.8%, FIIs 0.0%, DIIs 8.2%, Public 16.9%.Mar '25: Promoters 74.8%, FIIs 0.0%, DIIs 8.2%, Public 16.9%.Jun '25: Promoters 74.8%, FIIs 0.0%, DIIs 8.3%, Public 16.9%.Sep '25: Promoters 74.8%, FIIs 0.0%, DIIs 8.3%, Public 16.9%.Dec '25: Promoters 74.8%, FIIs 0.0%, DIIs 8.3%, Public 16.9%.Mar '26: Promoters 74.8%, FIIs 0.0%, DIIs 8.3%, Public 16.9%.Jun '26: Promoters 74.8%, FIIs 0.0%, DIIs 8.3%, Public 16.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Disa India above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Disa Holdings Ag | 54.10% | unchanged |
| Disa Holdings A/S | 20.73% | unchanged |
| SBI Contra Fund Mutual fund | 7.89% | unchanged |
| Deep J Master | 1.03% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹11835, this stock must grow earnings at 17% every year for 7 years. Our analysis caps realistic growth at ~24%. At that growth it is worth ₹17143 — upside of 45%.
- Growth the price implies
- 16.6% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 23.7% a year
- net profit, FY23–FY26 · EPS 23.8%
- The gap
- -0.1 pp
- 45% downside if it only repeats history
Learn to analyse Disa India
Guides on how to read this kind of business and the numbers that matter.