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Prices as of 8 Oct 2026 close · Not investment advice

Diamond Power Infrastructure Limited

NSE: DIACABSOther Electrical EquipmentTrade-to-trade true

Share price

₹371.90

+0.74% close of 8 Oct 2026

Market cap ₹22,252 CrP/E 113.0

Business score

How strong the business is, in one number. The parts behind it are in Pro.

40

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹22,252 Cr

P/E ratio

113.0

P/B ratio

-32.3

ROCE

11.8%

ROE

—

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹394.7552-week low ₹117.94

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 92.6% over the past year. Meanwhile what it keeps of every 100 rupees of sales improved from 10.8% to 11.8% over the last two years.

Whether it grew faster than its sector

We do not have three full years of its sales yet, so there is nothing to compare with its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

It has no steady three-year profit record yet, so growth cannot be weighed against the price.

Profit growthPrice per ₹1 profitPer 1% growth
Diamond Power Infrastructure Limited — this one—113.0×—
Apar Industries Limited16%/yr59.1×₹3.7
Waaree Energies Limited99%/yr16.6×₹0.17
Premier Energies Limited365%/yr23.9×—
Mtar Technologies Limited-2%/yr180.2×—
Emmvee Photovoltaic Power Limited393%/yr16.4×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Other Electrical Equipment), it ranks 28 of 34 on returns, 21 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.8% on capital, ahead of 18% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹269 crore of cash before any plant spend, funded from lenders and shareholders. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 9 checks clear · 67%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue more than doubled to INR690 crore, and management guided to INR4,300-4,500 crore for FY27.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹690 Cr

Revenue vs last year

+128.4%

Revenue vs last quarter

-0.9%

Net profit

₹58 Cr

Profit vs last year

+192.2%

Profit vs last quarter

-4.2%

Net margin

8.5%

EPS

₹1.11

Earnings call transcript · 14 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹22,252 Cr
Prev close
₹371.90
52w High
₹404
52w Low
₹116
Enterprise value
₹24,684 Cr
Beta
1.4
Price CAGR 1y
158.0%
Price CAGR 3y
326.0%
Price CAGR 5y
365.0%
Price CAGR 10y
60.0%

Ratios

Return on assets
6.6%
PEG ratio
—
P/E ratio
113.0
P/B ratio
-32.3
EV / EBITDA
110.7
Industry P/E
30.9
ROCE
11.8%
ROCE 5y average
-2.3%
ROE
—
Debt / Equity
—
Interest coverage
5.2
Dividend yield
0.0%
ROE 3y average
—
ROE last year
—

Annual P&L

Annual revenue
₹1,910 Cr
Annual profit
₹158 Cr
Operating margin
12.0%
Net profit margin
8.3%
EBITDA margin
11.7%
Sales growth 3y
19.1%
Sales growth 5y
-7.2%
Profit growth 3y
—
Profit growth 5y
—
EPS
₹3.0
Sales growth TTM
93.0%
Profit growth TTM
417.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹690 Cr
Profit latest quarter
₹58 Cr
YoY quarterly sales growth
128.6%
YoY quarterly profit growth
262.5%
OPM latest quarter
11.2%

Balance Sheet

Book Value
—
Face Value
₹1.0
Total debt
₹2,536 Cr
Total cash
₹104 Cr
Borrowings
₹2,536 Cr
Reserves / Equity
-12.4

Cash Flow

Operating cash flow
₹36 Cr
Free cash flow
-₹45 Cr
FCF yield
-0.4%
Net cash flow
₹29 Cr

Shareholding

Promoter holding
74.0%
FII holding
4.6%
DII holding
10.9%
Public holding
10.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Apar Inds.18,160.0063.176,0400.33467.577.86,591.129.131.8
Waaree Energies2,401.0017.269,0650.17891.914.17,931.879.238.5
Premier Energies910.0024.841,3100.11471.950.52,462.635.332.7
MTAR Technologie7,864.50176.224,1910.0050.5349.7360.7130.415.2
Diamond Power369.15112.422,0780.0058.5191.1689.9128.611.8
Emmvee Photovol.305.8016.621,1720.33380.3102.61,555.551.344.6
Avalon Tech2,429.70121.616,2500.0034.9145.4484.449.819.3
Fujiyama Power431.7531.713,2500.0057.8168.61,345.7125.335.1
Median303.0024.87730.008.129.5135.632.421.5

Competes with: Advait Energy Transitions Limited, Apar Industries Limited, Artemis Electricals and Projects Limited, Avalon Technologies Limited, Emmvee Photovoltaic Power Limited, Fujiyama Power Systems Limited, Genus Power Infrastructures Limited, Kirloskar Electric Company Limited, MODISON LIMITED, Mangal Electrical Industries Limited, Mtar Technologies Limited, Permanent Magnets Limited, Power & Instrumentation (Gujarat) Limited, Premier Energies Limited, Prostarm Info Systems Limited, RIR Power Electronics Limited, RMC Switchgears Limited, RTS Power Corporation Limited, Ram Ratna Wires Limited, Ravindra Energy Limited, Rishabh Instruments Limited, S&S Power Switchgears Limited, SPEL Semiconductor Limited, Saatvik Green Energy Limited, Salzer Electronics Limited, Servotech Renewable Power System Limited, Shilchar Technologies Limited, Solex Energy Limited, Urja Global Limited, Vikram Solar Limited, Waaree Energies Limited, Waaree Renewable Technologies Limited, Websol Energy System Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales747560134224250307334302438474696690
Expenses636457116200237291320271392405618613
Material Cost334253367414566600
Change in Inventories-48-9.59-10-510.40-33
Purchases of Stock-in-Trade000000
Employee Cost4.264.615.457.186.678.30
Other Expenses292331344537
Operating Profit1110318241316143146697877
OPM %15145.0213115.215.194.121010151111
Other Income0-1-13-0000-30138
Exceptional items (within Other Income)000000
Interest12213451410111414
Depreciation55555555778812
Profit before tax62-514174681629515859
Tax %000-1-0-0-0-004230
Net Profit62-514174681628505758
EPS in Rs0.100.04-0.100.270.310.080.120.150.310.530.941.081.11
Diluted EPS in Rs0.150.380.530.941.151.11

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2024Mar 2025Mar 2026TTM
Sales6938601,5212,0042,5633,1532,7782,2351,1313431,1151,9102,298
Expenses6047431,3351,7812,3312,8712,7152,2421,7783011,0491,6862,028
Material Cost9491,600
Change in Inventories-9.43-70
Purchases of Stock-in-Trade00
Employee Cost1424
Other Expenses95133
Operating Profit9011718522423228263-8-6474367224270
OPM %13141211992.30-0.30-571261212
Other Income2113158-151512501812
Exceptional items (within Other Income)00
Interest22242753921231772351917133950
Depreciation572025343651589420203135
Profit before tax6487140149121131-179-286-8081734162197
Tax %1229211614153-5-2-1-02
Net Profit5662110126104111-184-273-8051734158193
EPS in Rs2.232.532.102.05-3.42-4.79-2.980.320.6533.66
Diluted EPS in Rs0.653
Dividend Payout %49101240000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
-7%
3 years
19%
TTM
93%

Compounded profit growth

10 years
10%
5 years
—
3 years
—
TTM
417%

Stock price CAGR

10 years
60%
5 years
365%
3 years
326%
1 year
158%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2024Mar 2025Mar 2026
Equity Capital2128373737545457270535353
Reserves198285509617716932790565385-1,026-931-657
Borrowings2353124667581,2151,3572,0182,2071,6064562,3622,536
Other Liabilities611551763265406122905441942,035304472
Minority Interest0
Total Liabilities5157811,1881,7382,5082,9563,1523,3732,4551,5181,7872,404
Fixed Assets56992643583325144591,3391,2461,0571,1681,201
CWIP90107150208390445694133137198135152
Investments1177171912177000
Other Assets3695757671,1651,7691,9781,9871,8841,0652634851,051
Total Assets5157811,1881,7382,5082,9563,1523,3732,4551,5181,7872,404

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2024Mar 2025Mar 2026
Cash from Operating Activity7-20-25-23-119119-362-140-258167736
Cash from Investing Activity-84-67-2-182-197-260-192-10249-19-69-143
Cash from Financing Activity8295272263561385542482104-6136
Net Cash Flow59-02139-3-0711329
Free Cash Flow-78-86-28-198-296-148-603-223-258-110-45

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2024Mar 2025Mar 2026
Debtor Days48645648663875128113625789
Inventory Days921011021361471601581401271768189
Days Payable2851335475192771131517885
Cash Conversion Cycle112114126130138179206198228876093
Working Capital Days14916472484044854645591082
ROCE %2321201713121-2-291012

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 31 Jul 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters119591919090848484848474
FIIs0.770.030.080.030.040.041.411.420.440.361.774.56
DIIs58000000.010.100.100.070.2311
Government000000000000.02
Public305.109.349.399.969.96151415161410
No. of Shareholders18,06417,56918,56923,11336,39540,86948,47453,91453,04852,72764,10374,023

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +161.5% (₹142.21 → ₹371.90)Brick size ₹18.87 (fixed)Bricks 15
₹200₹300₹372Apr '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹371.90 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

1.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

9,97,16,246inr

2026-03-31

News

News and filings about Diamond Power Infrastructure Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • XLPE/PVC insulation compounds
  • aluminium and aluminium-alloy wire rods
  • copper cathode/rod
  • galvanised steel for towers and ACSR core

Depends on the price of

  • aluminium
  • copper
  • steel

Sells to

  • Adani Energy Solutions Limited · HV/EHV power cables and transmission-line conductors (AL-59) for T&D networks
  • Adani Green Energy · MV/HV cables and conductors for solar/renewable evacuation lines
  • Gujarat Urja Vikas Nigam Limited (GUVNL) · conductors and power cables for Gujarat T&D utilities
  • Indian Railways · conductors and cables for railway electrification
  • KPI Green Energy Limited · power cables for solar projects
  • Maharashtra State Electricity Transmission Company Ltd · conductors for transmission utilities
  • Power Grid Corporation · transmission-line conductor packages
  • Tamil Nadu Generation and Distribution Corporation Ltd · conductors for utility transmission/distribution

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Other Electrical Equipment
Classification
Capital Goods › Other Electrical Equipment
ISIN
INE989C01038

Plants

  • DICABS aluminium rod mills
  • Diamond Power Vadodara integrated cables and conductors facility
  • Diamond Power transmission tower facility

News impact

Big market events that reach Diamond Power Infrastructure Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

3 Dec 2024split₹0

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 4, delete 1, insert 4), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
7 May 2026UNITY ASSOCIATESSELL32,02,472₹175.62
7 May 2026UNITY ASSOCIATESBUY2,472₹180.46

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.