Evaluating Diffusion Engineers Ltd IPO opportunity; Should you invest? Evaluating Diffusion Engineers Ltd IPO opportunity; Should you invest? Between FY22 and FY24, the company recorded a Compound Annual Growth Rate (CAGR) of 17 per cent in revenue and 35 per cent in net profit. Mandar Wagh / Wednesday, September 25, 2024 / Article rating: 4.5 Between FY22 and FY24, the company recorded a Compound Annual Growth Rate (CAGR) of 17 per cent in revenue and 35 per cent in net profit.