Company File · BSE 522163 · Latest filing Q1 FY27
Standalone = this company only. Consolidated = including its subsidiaries.
Diamond Power Infrastructure Limited
Data as of 19 Oct 2026 close · BSE · Latest results Q1 FY27
ISIN INE989C01038 · DIACABS · Capital Goods › Electrical Equipment
About the business
What does Diamond Power Infrastructure do? It is a Vadodara-based maker of power cables & conductors. What are conductors? The wires used to carry electricity across transmission & distribution networks. Its customers include power utilities, transmission companies & renewable energy developers. The company restarted operations after a resolution under the insolvency process, which is the legal route used to revive or sell a company that cannot repay its debts.
Price & valuation · BSE close, 19 Oct 2026
Below its usual level
- Sales growth
- +133.0%
- Profit growth
- +197.8%
- Op. margin
- 9.6%
- P/E
- 98.4×
- Usual P/E
- 103.1×
- ROCE
- 24.3%
- Promoter
- 74.03%
- Pledged
- 0.00%
From the latest earnings call · Apr to Jun 2026 · transcript filed 21 Aug 2026
Diamond Power delivered Apr–Jun 2026 revenue of ₹690 crore (up 129%) with EBITDA of ₹85 crore (up 172%) & PAT of ₹58.5 crore (up 191%), despite monsoon disruptions. Management guides FY27 revenue of ₹4,300-4,500 crore & FY28 of ₹7,500 crore, backed by new capacity additions & strong order book of ₹3,688 crore.
Guidance on this call: EBITDA margin, export order book target & data center sales contribution. The numbers are in the full notes, with Premium.
Is it expensive, and is it a good business?
Key ratios
In short Priced below its own usual level (P/E 98.4× vs 103.1×) and earns high returns on capital (ROCE 24.3%).
What you pay Valuation
Buyers pay about ₹98 for every ₹1 the company earned per share over the last year. Below its 1-year median of 103.1×.
Latest BSE close ÷ last four quarters' basic EPS. Uses earnings per share from continuing operations, so a one-off gain from selling a business does not flatter it. As of 19th October 2026.
Share count is not reported in the filings we hold.
Latest BSE close ÷ book value per share (equity ÷ shares) on the latest balance-sheet date. As of 19th October 2026.
The market values the company at 8.8 times its yearly sales.
Market value ÷ last 12 months' revenue. As of 19th October 2026.
The whole business (shares plus debt, minus cash) is valued at about 98.8 years of its operating profit.
Enterprise value ÷ last 12 months' EBITDA. As of 19th October 2026.
Earnings a year earlier were below ₹1 a share, too small to compare.
P/E ÷ 12-month EPS growth in % (the last four quarters vs the four before; when those are not all held, the latest financial year vs the year before). Growth above 100% counts as 100%; left blank when EPS fell or was below ₹1 a share a year earlier. Without one-off items when either year has large ones, as for the P/E. As of 19th October 2026.
The company paid no dividend in the last 12 months.
Dividends per share with an ex-date in the last 12 months (restated for any split or bonus since) ÷ the latest BSE close. As of 19th October 2026.
How well it uses money Returns & strength
Each ₹100 of shareholders' money and debt earned about ₹24.3 before interest & tax.
Last 12 months' profit before interest & tax ÷ average (equity + borrowings). As of 31st March 2026.
Needs four consecutive quarters.
Last 12 months' profit after tax (continuing operations where reported) ÷ average equity. As of 31st March 2026.
The money actually tied up in running the business (leaving out spare cash) earned about 25.4% after tax.
This company holds a lot of cash, so ROIC (which leaves cash out) is much higher than ROCE.
Last 12 months' operating profit after tax (profit before interest & tax × (1 − effective tax rate)) ÷ average invested capital (equity + borrowings − cash & bank balances). As of 31st March 2026.
Needs four consecutive quarters.
Last 12 months' revenue ÷ average total assets. As of 31st March 2026.
Operating profit covered interest costs about 7 times.
Last 12 months' profit before interest & tax ÷ finance costs. As of 30th June 2026.
Borrowings not reported separately.
Borrowings ÷ shareholders' equity on the latest balance-sheet date. As of 31st March 2026.
Who owns it Ownership & more
The founders or parent group own 74.03% of the company.
Promoter & promoter group shareholding from the latest shareholding pattern filed with BSE. As of 30th September 2026.
Promoter holding fell by 9.99 percentage points last quarter.
Latest quarter's promoter holding minus the previous quarter's. As of 30th September 2026.
Promoter holding, quarter by quarter
- Sep 202674.03%
- Mar 202684.02%
- Dec 202584.02%
- Sep 202584.02%
Promoters reported no pledged shares.
Promoter group shares pledged ÷ all the promoter group's shares, from the shareholding pattern filed with BSE each quarter (other encumbrances, such as non-disposal undertakings, are not counted). As of 30th September 2026.
Pledged, quarter by quarter
- Sep 20260.00%
- Mar 20260.00%
- Dec 20250.00%
- Sep 20250.00%
After paying for new plant & equipment, operations left ₹-64 crore of cash.
Cash from operations − spending on plant & equipment, latest full year. As of 31st March 2026.
Free cash flow, year by year
- FY26₹-64 Cr
- FY25₹-24 Cr
Each share has a face (nominal) value of ₹1. It matters for dividends quoted as a percentage, not for valuation.
Face value per share as BSE lists it today.
About 59.81 crore shares were in issue.
BSE's count of listed shares (BSE's market cap ÷ its price), so splits, bonuses & new shares since the latest results are included. The latest results filing gives 52.70 crore. As of 19th October 2026.
Your ratios
Ratios you added. Your choices are remembered on this device.
The stock market values the company at about ₹20,705 crore.
Latest BSE close × BSE's count of listed shares. As of 19th October 2026.
Buying the whole business, including its debt and keeping its cash, would cost about ₹23,113 crore.
Market value + borrowings − cash & bank balances. As of 19th October 2026.
The company reported ₹185 crore of profit over the last four quarters.
Sum of the last four quarters' reported profit after tax. As of 30th June 2026.
Each share earned about ₹3.52 over the last year.
Sum of the last four quarters' basic EPS. Uses earnings per share from continuing operations, so a one-off gain from selling a business does not flatter it. As of 30th June 2026.
Each share is backed by about ₹-10 of net assets on the books.
Shareholders' equity ÷ shares. As of 31st March 2026.
About ₹10.0 of every ₹100 of sales was left after running costs.
EBITDA ÷ revenue over the last four quarters. As of 30th June 2026.
About ₹8.1 of every ₹100 of sales became profit last quarter.
Profit after tax ÷ revenue for the latest quarter. As of 30th June 2026.
Sales were 133.0% higher than a year earlier.
Latest quarter's revenue vs the same quarter last year. As of 30th June 2026.
Profit was 197.8% higher than a year earlier.
Latest quarter's profit after tax vs the same quarter last year (continuing operations when a one-off discontinued item exists). As of 30th June 2026.
Short-term assets cover short-term bills 1.79 times.
Current assets ÷ current liabilities. As of 31st March 2026.
Customers take about 83 days to pay.
Trade receivables ÷ last 12 months' revenue × 365. As of 31st March 2026.
Stock on hand equals about 65 days of sales.
Inventories ÷ last 12 months' revenue × 365. As of 31st March 2026.
7.0% of pre-tax profit came from other income (interest, dividends, gains).
Other income ÷ profit before tax, last 12 months. As of 30th June 2026.
Each ₹1 of profit brought in ₹-0.08 of operating cash.
Latest full year's cash from operations ÷ profit after tax. As of 31st March 2026.
Borrowings exceed cash by ₹2,408 crore.
Cash & bank balances − borrowings. As of 31st March 2026.
The company paid about -0.2% of its pre-tax profit as tax.
Tax expense ÷ profit before tax (continuing operations), last 12 months. As of 30th June 2026.
Needs four consecutive quarters.
Last 12 months' profit ÷ average total assets. As of 31st March 2026.
Operating profit before interest, depreciation & tax was ₹234 crore.
Revenue − expenses + finance costs + depreciation, last four quarters. As of 30th June 2026.
Needs five financial years of cash flows.
Sum over five financial years of (cash from operations − capital expenditure).
The company spent ₹52 crore on plant & equipment.
Purchase of property, plant & equipment, latest full year. As of 31st March 2026.
Borrowings stood at ₹2,454 crore.
Current + non-current borrowings. As of 31st March 2026.
Foreign institutions own 4.14%.
Foreign institutional holding from the latest shareholding pattern. As of 30th September 2026.
Domestic institutions own 11.22%.
Domestic institutional holding (mutual funds, insurers, banks, pension funds). As of 30th September 2026.
The highest price in the last year was ₹406.8.
Highest intraday BSE price in the last 12 months (raw, not adjusted). As of 16th September 2026.
The lowest price in the last year was ₹115.8.
Lowest intraday BSE price in the last 12 months (raw, not adjusted). As of 2nd February 2026.
The share price moved 141.3% over the last year.
Close today ÷ close a year ago − 1 (raw prices, dividends not included). As of 19th October 2026.
About 0% of the last year's earnings per share was paid out as dividends.
Dividends per share with an ex-date in the last 12 months ÷ the last four quarters' EPS. As of 30th June 2026.
Needs four financial years of results (three years of growth).
Compound annual growth in revenue over three financial years.
Needs four financial years of results (three years of growth).
Compound annual growth in profit after tax over three financial years.
Tap the i beside any ratio for a plain explanation.
How these are worked out
Price-based ratios use the latest BSE close (19th October 2026). Share count 59.81 crore, from paid-up capital in the 19th October 2026 filing. Figures are standalone.
What you pay: Higher numbers mean you pay more for each rupee the company earns or owns.
How well it uses money: Higher returns mean each rupee in the business earns more. Lower debt means less strain.
Who owns it: A steady promoter stake with nothing pledged is a calm sign.
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Last 4 quarters ₹ crore · Standalone
| ₹ crore | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|
| Revenue from operations | 445.3 | 480.9 | 714.6 | 707.3 |
| EBITDA | 41.0 | 60.0 | 65.2 | 67.7 |
| Operating margin | 9.2% | 12.5% | 9.1% | 9.6% |
| Profit after tax | 25.2 | 46.0 | 57.2 | 57.1 |
| Basic EPS (₹) | 0.48 | 0.87 | 1.09 | 1.08 |
Latest filings BSE
Corporate announcements 25
- 19 Oct 2026Disclosure Of Contact Details Of Key Managerial Personnel Under Regulation 30(5) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
- 19 Oct 2026Board Meeting Outcome for Outcome Of Board Meeting Held On 19 October 2026Outcome without intimation
- 19 Oct 2026Change in Management
Quarterly results 3
- 13 Aug 2026Financial Results For The Quarter Ended 30 June 2026
- 13 Aug 2026Board Meeting Outcome for Financial Results For The Quarter Ended 30 June 2026Outcome of Board Meeting
- 4 Aug 2026Board Meeting Intimation for Consideration And Approval Of Financial Results For The Quarter Ended On 30 June 2026
Conference calls 4
- 3 Sep 2026Analyst / Investor Meet - Intimation
- 21 Aug 2026Earnings Call TranscriptOpens the call notes & transcript
- 14 Aug 2026Analyst / Investor Meet - Outcome
Investor presentations 1
- 13 Aug 2026Investor Presentation
Members see every filing, and what each means for the company in Corporate Intelligence.
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