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Prices as of 9 Oct 2026 close · Not investment advice

DPSC Limited

NSE: DPSCLTDIntegrated Power UtilitiesTrade-to-trade true

Share price

₹6.14

-3.61% close of 9 Oct 2026

Market cap ₹596 CrP/E 45.8

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

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

43

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

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

Market cap

₹596 Cr

P/E ratio

45.8

P/B ratio

0.7

ROCE

3.5%

ROE

1.5%

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 9 Oct 2026 close52-week high ₹12.0052-week low ₹6.14

Answers

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

How fast it has been growing

Sales grew 10.1% over the past year, and 3.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 1.3% to 0.3% over the last four years.

Whether it grew faster than its sector

It grew 3.3% a year against a sector median of 10.7% — 7.4 percentage points slower.

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

At 45.8× earnings it costs 1.9× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 25.7×, across 4 companies. It is against its own five-year median of 102.5×, the 0th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
DPSC Limited — this one-7%/yr45.8×—
Adani Power6%/yr25.6×₹4.3
Tata Power Company6%/yr28.0×₹4.7
Torrent Power4%/yr25.8×₹6.4
CESC Limited4%/yr11.4×₹2.9

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 (Integrated Power Utilities), it ranks 5 of 5 on returns, 5 of 5 on growth, 5 of 5 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 3.5% on capital, ahead of 0% 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

Yes — Over the last five years it made ₹303 crore of cash from the business, spent ₹48 crore on plant and equipment, and returned ₹258 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 239 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 1 days for its cash to paid 67 days before it paid its own suppliers.

Profit reality check

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

7 of 10 checks clear · 70%

How the profit check works

Latest result

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

Results are expected soon.

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
₹596 Cr
Prev close
₹6.14
52w High
₹12.1
52w Low
₹6.1
Enterprise value
₹692 Cr
Beta
1.0
Price CAGR 1y
-47.0%
Price CAGR 3y
-25.0%
Price CAGR 5y
-18.0%
Price CAGR 10y
-16.0%

Ratios

Return on assets
0.7%
PEG ratio
-6.7
P/E ratio
45.8
P/B ratio
0.7
EV / EBITDA
208.3
Industry P/E
25.8
ROCE
3.5%
ROCE 5y average
3.4%
ROE
1.5%
Debt / Equity
0.1
Interest coverage
1.9
Dividend yield
0.0%
ROE 3y average
1.0%
ROE last year
1.0%

Annual P&L

Annual revenue
₹683 Cr
Annual profit
₹13 Cr
Operating margin
0.5%
Net profit margin
1.9%
EBITDA margin
0.4%
Sales growth 3y
3.1%
Sales growth 5y
5.4%
Profit growth 3y
-7.0%
Profit growth 5y
-13.0%
EPS
₹0.1
Sales growth TTM
10.0%
Profit growth TTM
82.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹166 Cr
Profit latest quarter
₹4 Cr
YoY quarterly sales growth
21.5%
YoY quarterly profit growth
—
OPM latest quarter
-1.8%

Balance Sheet

Book Value
₹9.2
Face Value
₹1.0
Total debt
₹127 Cr
Total cash
₹31 Cr
Borrowings
₹127 Cr
Reserves / Equity
8.2

Cash Flow

Operating cash flow
₹75 Cr
Free cash flow
₹55 Cr
FCF yield
6.0%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
59.1%
FII holding
0.1%
DII holding
0.1%
Public holding
40.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Adani Power196.9426.63,79,7930.004,866.642.018,901.934.017.2
Tata Power Co.345.1528.21,10,2870.721,400.910.919,051.35.610.5
Torrent Power1,236.5026.862,3081.62661.9-12.78,124.22.813.7
CESC131.1811.217,3894.57419.03.95,485.05.410.9
Reliance Infra.53.801.02,1980.00767.8409.46,344.37.415.4
India Power Corp6.4449.06270.004.1321.4166.121.53.5
Median164.0626.739,8480.36714.826.57,234.26.512.3

Competes with: Adani Power, CESC Limited, Tata Power Company, Torrent Power

Quarterly results

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

Consolidated · to 31 Mar 2026
Line itemMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales160179165143162172153159137164198155166
Expenses155164159131154164149150228158191162169
Material Cost04.992.353.482.57
Change in Inventories00000
Purchases of Stock-in-Trade110122156122132
Employee Cost1414151613
Other Expenses10517182021
Operating Profit4.61156.51138.297.874.158.62-925.776.78-6.31-2.92
OPM %2.888.263.948.745.114.582.715.42-673.533.43-4.06-1.76
Other Income207.04149.131613161110312122222
Exceptional items (within Other Income)00000
Interest9.769.548.387.807.127.846.706.306.344.414.363.916.43
Depreciation7.368.338.128.488.518.768.878.908.998.968.9798.90
Profit before tax7.703.934.115.398.734.384.484.17-4.354.465.403.213.70
Tax %1830302613293036-57323042-12
Net Profit6.332.752.893.987.563.103.152.65-1.873.053.781.854.14
EPS in Rs0.070.030.030.040.080.030.030.03-0.020.030.040.020.04
Diluted EPS in Rs0.010.020.020.010.03

Profit & loss

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

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales718720833736526481525582623650620683
Expenses6226211,112638471431456573630607691680
Material Cost1413
Change in Inventories00
Purchases of Stock-in-Trade460532
Employee Cost5858
Other Expenses16076
Operating Profit9799-2799855507010-743-713
OPM %1314-33131010131.60-1.207-110.50
Other Income21768523275501873954614268
Exceptional items (within Other Income)00
Interest46501432039146383338332719
Depreciation151958931629302929333636
Profit before tax374720534232520212122917
Tax %341911413047-282824221924
Net Profit253818220161326151617713
EPS in Rs0.250.391.800.200.170.140.270.160.160.180.070.13
Diluted EPS in Rs0.040.08
Dividend Payout %201332530371932312869-0

Compounded growth

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

Compounded sales growth

10 years
-1%
5 years
5%
3 years
3%
TTM
10%

Compounded profit growth

10 years
-10%
5 years
-13%
3 years
-7%
TTM
82%

Stock price CAGR

10 years
-16%
5 years
-18%
3 years
-25%
1 year
-47%

Return on equity

10 years
0%
5 years
1%
3 years
1%
Last year
1%

Balance sheet

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital979797979797979797979797
Reserves9339854,9074,9291,0621,5201,5431,271908919782793
Borrowings5552,5183,7413,843468342299328282213156127
Other Liabilities3327811,0791,115606606568602732830786840
Minority Interest00
Total Liabilities1,9184,3829,8259,9852,2342,5662,5072,2982,0202,0591,8221,857
Fixed Assets3914241,9561,897399902950907897882969956
CWIP202,3984,2115,1216884222115141011
Investments31271,387379106100100993310
Other Assets1,1941,5532,2712,5871,6611,4801,4361,2711,1051,160843891
Total Assets1,9184,3829,8259,9852,2342,5662,5072,2982,0202,0591,8221,857

Cash flows

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity22491081052159233-468857975
Cash from Investing Activity-128-701369-110232-1310-12-1-18-2-11
Cash from Financing Activity110640-461-30-469-40-8415-64-72-73-64
Net Cash Flow4-1215-35-2139-42-14-54-0
Free Cash Flow-3-641-194-8011586618-1775766655

Ratios

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days50679112214549465362768064
Inventory Days102
Days Payable1,953
Cash Conversion Cycle506791122145494653627680-1,786
Working Capital Days-24-53205-7102-28371-41-15-48-67
ROCE %640224334433

Shareholding pattern

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

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters595959595959595959595959
FIIs0.0100.250.140.120.140.150.140.140.130.130.12
DIIs0.120.120.120.120.120.120.120.120.120.120.120.12
Public404040404040404040404041
No. of Shareholders41,04959,23392,95698,4341,13,1331,14,4821,14,1961,13,6561,11,9281,09,0851,07,5241,06,810

Price trend

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

Change over 1 year -48.4% (₹11.90 → ₹6.14)Brick size ₹0.31 (fixed)Bricks 40
₹8.00₹10.00₹12.00₹6.14Nov '25Jan '26Mar '26May '26Jul '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹6.14 on 9 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

2026-03-31

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

0.00cr

2026-03-31

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

96.00inr_cr

2026-03-31

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

0.00cr

2026-09-30

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

0.00cr

2026-09-30

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

0.00cr

2026-09-30

News

News and filings about DPSC 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

  • Coal for the 12 MW Dishergarh thermal station
  • Purchased electricity (long-term PPAs + short-term power exchange) for the distribution licence

Depends on the price of

  • coal

Sells to

  • Coal India · Electricity supply to coal mines/collieries inside the licensed area ("mines" named as a c…
  • Gujarat Urja Vikas Nigam Limited (GUVNL) · Wind power sold under long-term PPA from the Gujarat wind assets (carried from prior disco…
  • Indian Railways · Railway traction electricity within the 798 sq.km Asansol-Raniganj licence area (railways…
  • Maharashtra State Electricity Distribution Company Limited · Distributed solar power under PM-KUSUM long-term PPA, via subsidiary (carried from prior d…

About

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

Sector
Power
Industry
Integrated Power Utilities
Classification
Power › Integrated Power Utilities
ISIN
INE360C01024

Business segments

  • Regulated operation · 95%
  • Non regulated operation · 5%

Plants

  • Dishergarh Thermal Power Station
  • Seebpore/Jamuria Grid Solar PV Power Plant
  • Wind power portfolio (Gujarat, Rajasthan, Karnataka)

News impact

Big market events that reach DPSC 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

12 Sep 2025unspecified₹0.05
20 Sep 2024unspecified₹0.05
15 Sep 2023unspecified₹0.05
8 Sep 2022unspecified₹0.05
8 Sep 2021unspecified₹0.05
22 Sep 2020unspecified₹0.05
1 Aug 2019unspecified₹0.05
12 Sep 2018unspecified₹0.05

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
21 Aug 2026Aksara Commercial Private Ltd · Promoter GroupSELL50,0000.04

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.