MarketFriction

Diamond Power Infrastructure Ltd

NSE DIACABS · BSE 522163 · Other Electrical Equipment
₹345.00 -2.60%
NSE close2026-10-01
52 week range115.57 - 404.00
Market cap₹21,055 Cr.
P/E114
Microcap 250 Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7560134224250307334304445481715707
Expenses6457116200237291320274404421649640
Operating Profit10318241316142941606568
OPM %14%5%13%11%5%5%4.1%10%9%12%9%10%
Other Income-1-13-0000-30027
Interest221345139766
Depreciation5555555777811
Profit before tax2-514174681525465357
Tax %0%0%-1%-0%-0%-0%-0%-0%-0%-0%-0%-0%
Net Profit2-514174681525465457
EPS in Rs0.04-0.100.270.310.080.120.150.290.480.871.021.08
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1262,6742,3692,0451,13100153431,1151,9442,348
Expenses1,9072,4122,2522,0551,77823393011,0481,7492,114
Operating Profit219262117-11-647-2-3-244367196234
OPM %10%10%4.9%-0.5%-57%-5,560%-153%12%6%10%10%
Other Income67-20712500001-89
Interest861121592231916717132629
Depreciation333548579416161920202933
Profit before tax107122-110-284-808-24-25-431735132181
Tax %14%15%5%-5%-2%0%0%0%-1%-0%-0%
Net Profit92104-116-269-795-24-25-431735133182
EPS in Rs1.861.93-2.14-4.73-2.95-0.09-0.09-0.810.320.662.523.45
Dividend Payout %4%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-1%%401%96%
Compounded Profit Growth10%52%76%397%
Stock Price CAGR59%361%369%136%
Return on Equity%%%%
Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital373754545727027027053535353
Reserves570665867786564387-866-891-1,033-1,026-931-667
Borrowings6961,1311,2771,8922,2061,6051,9771,9783674564632,460
Other Liabilities2935115462375441946116232,0192,0352,201503
Total Liabilities1,5962,3442,7442,9683,3712,4561,9921,9801,4071,5181,7852,348
Fixed Assets3453194894371,3391,2461,1031,0871,0701,0571,1681,168
CWIP208387442679125128188188188198112133
Investments17171717171712120033
Other Assets1,0251,6221,7951,8351,8891,0656896921492635031,043
Total Assets1,5962,3442,7442,9683,3712,4561,9921,9801,4071,5181,7852,348
Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-25-123106-322-148-25449-1,9531681-12
Cash from Investing Activity-157-174-259-179-10245-0-120-19-72-154
Cash from Financing Activity191341152500260210-4-61,9364-672
Net Cash Flow944-1-1101-02313-94
Free Cash Flow-179-293-159-510-231-25849-1,955-136-64
CFO/OP-13%-56%47%-261%1,382%39%-172%-323%8,260%37%120%-6%
Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days42693279140113155625783
Inventory Days1471711821811531271,4871768179
Days Payable5889182577136271517888
Cash Conversion Cycle1301501962342162281,016876073
Working Capital Days4241449750422,26459968
ROCE %15%12%12%3%-2%-29%-1%-11%24%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters11.41%94.88%90.59%90.59%90.00%90.00%84.02%84.02%84.02%84.02%84.02%74.04%
FIIs0.77%0.03%0.08%0.03%0.04%0.04%1.41%1.42%0.44%0.36%1.77%4.56%
DIIs57.91%0.00%0.00%0.00%0.00%0.00%0.01%0.10%0.10%0.07%0.23%10.94%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%
Public29.92%5.10%9.34%9.39%9.96%9.96%14.55%14.45%15.44%15.55%13.98%10.45%
No. of Shareholders18,06417,56918,56923,11336,39540,86948,47453,91453,04852,72764,10374,023

Fundamentals

Market Cap₹ 21,055 Cr.
Current Price₹ 352
Stock P/E114
Book Value₹ -11.7
ROCE24.2 %
ROE%
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)96%
Compounded Profit Growth (TTM)397%
Standalone figures.
Valuation
Market capRs 20,633 Cr
Enterprise valueRs 23,047 Cr
P/E (TTM)113.50x
Price to book-33.57x
Price to sales8.79x
EV / EBITDA94.76x
EV / EBIT109.79x
EV / sales9.81x
Earnings yield0.88%
P/E, 3-year average76.14x
P/B, 3-year average-2.83x
P/E, 5-year average76.14x
P/B, 5-year average-1.42x
Profitability
Operating margin (excl. other income)10.06%
Operating margin (incl. other income)9.64%
EBITDA margin10.36%
Pre-tax margin7.72%
Net profit margin7.74%
Net margin, latest quarter8.07%
ROE-17.79%
ROCE22.13%
ROA6.43%
ROE, 3-year average-7.76%
ROCE, 3-year average22.13%
ROA, 3-year average3.23%
ROE, 5-year average-2.75%
ROCE, 5-year average3.14%
ROA, 5-year average1.18%
ROIC (approx.)11.69%
Tax rate-0.23%
Other income / net worth1.35%
Growth
Sales growth (latest year)74.33%
Profit growth (latest year)282.18%
Sales CAGR, 3 years401.03%
Sales growth QoQ-1.02%
Profit growth QoQ6.69%
Sales growth YoY (latest quarter)132.98%
Profit growth YoY (latest quarter)269.04%
Per share
EPS (TTM)Rs 3.04
EPS (latest quarter)Rs 0.95
EPS, 3-year averageRs 1.95
EPS, 5-year averageRs -1.30
Book value per shareRs -10.28
Sales per shareRs 39.26
Cash flow per shareRs -0.20
Free cash flow per shareRs -1.07
Efficiency
Asset turnover0.83x
Fixed asset turnover1.66x
Inventory turnover4.63x
Inventory days79 days
Debtor days83 days
Debtors turnover4.40x
Creditor days88 days
Cash conversion cycle73 days
Working capital days68 days
Leverage
Total debtRs 2,460 Cr
Cash and bankRs 46 Cr
Net debtRs 2,414 Cr
Debt to equity-4.00x
Net debt / EBITDA9.92x
Interest coverage7.35x
Current ratio (filing 2026-03-31)1.79x
Quick ratio (filing 2026-03-31)1.12x
Trade payables (filing 2026-03-31)Rs 390 Cr
Owners' fund to total sources-26.18%
Debt to assets104.77%
Cash flow
Cash from Operating Activity (latest year)Rs -12 Cr
Cash from Investing Activity (latest year)Rs -154 Cr
Cash from Financing Activity (latest year)Rs 72 Cr
Net Cash Flow (latest year)Rs -94 Cr
Free cash flow (latest year)Rs -64 Cr
FCFE (approx.: FCF + change in debt)Rs 1,933 Cr
Cash from ops / profit, 5 years-15.89x
Statement figures
Net sales (TTM)Rs 2,348 Cr
Net sales (latest year)Rs 1,944 Cr
Sales (latest quarter)Rs 707 Cr
Operating profit excl. other income (latest year)Rs 196 Cr
Operating profit (latest quarter)Rs 68 Cr
Other income (TTM)Rs 9 Cr
EBITDA (TTM)Rs 243 Cr
PBDT (TTM)Rs 215 Cr
Profit before tax (TTM)Rs 181 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 182 Cr
Net profit (latest year)Rs 133 Cr
Net profit (latest quarter)Rs 57 Cr
Depreciation (TTM)Rs 33 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 29 Cr
Cost of goods sold (latest year)Rs 1,609 Cr
Total expenditure (latest year)Rs 1,749 Cr
Total income (latest year)Rs 1,936 Cr
Share capitalRs 53 Cr
ReservesRs -667 Cr
Shareholders' fundsRs -615 Cr
Total assetsRs 2,348 Cr
Net blockRs 1,168 Cr
Capital work in progressRs 133 Cr
InvestmentsRs 3 Cr
ReceivablesRs 442 Cr
InventoryRs 347 Cr
Other liabilitiesRs 503 Cr
Shares outstanding (crore)59.81
Ownership
Promoter holding74.04% (-9.98 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodDIACABSNifty 50Difference
1 week-4.3%-2.8% -1.5 pts
1 month+1.3%-6.8% +8.1 pts
3 months+73.5%-7.6% +81.1 pts
6 months+190.4%+0.4% +189.9 pts
1 year+122.2%-9.9% +132.1 pts
2 years+146.8%-13.6% +160.4 pts
3 years+9987.7%+14.2% +9973.5 pts
5 years+215525.0%+27.9% +215497.1 pts
53 mutual fund schemes hold about ₹1,819 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Flexi Cap Fund3.70%524
HDFC Flexi Cap Fund0.21%242
Mirae Asset Great Consumer Fund1.82%87
Motilal Oswal Active Momentum Fund7.37%85
HDFC Manufacturing Fund0.75%79
Motilal Oswal Multi Cap Fund1.60%75
Tata ELSS-Tax Saver Fund1.32%63
HDFC Large & Mid Cap Fund0.18%54
HSBC Flexi Cap Fund0.79%47
Motilal Oswal Focused Fund2.14%39
JM Flexi Cap Fund0.73%38
HDFC Value Fund0.46%38
TRUSTMF Small Cap Fund1.30%37
HSBC Aggressive Hybrid Fund0.60%35
Mirae Asset Small Cap Fund0.58%33
HSBC ELSS Tax saver Fund0.74%31
HDFC Innovation Fund0.76%24
Motilal Oswal Balanced Advantage Fund(A3.09%23
HDFC Infrastructure Fund0.92%21
HSBC Infrastructure Fund0.80%20
TRUSTMF Flexi Cap Fund1.80%19
Tata Retirement Sav Fund - Prog Plan0.83%19
Tata India Consumer Fund0.62%18
Union Active Momentum Fund2.62%14
Tata Dividend Yield Fund1.19%14

Red flags

F-score 5 of 8
seriousNegative equity Shareholders' equity is negative
explainWeak cash conversion Cash from operations was 46% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 151% vs sales +74% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2025-06-25Sasidharan UralikandiyilkurupEmployees/Designated Employesell73,860Rs 0.84 CrMarket Sale
2025-06-20Sasidharan UralikandiyilkurupEmployees/Designated Employeother73,860Rs 0.76 CrInter-se-Transfer
2025-06-06GSEC LimitedPromoterssell15,750,000Rs 163.54 CrMarket Sale
2025-06-06Monarch Infraparks Private LimitedPromoterssell15,750,000Rs 164.03 CrMarket Sale
2024-05-29Monarch Infraparks Private LimitedPromoterssell1,286,302Rs 109.97 CrMarket Sale
2024-05-29GSEC LimitedPromoterssell1,286,303Rs 110.07 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹707 Cr +132.6% vs Jun 2025. Net profit ₹57 Cr +280.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-12-03Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
2024-11-08Extra Ordinary General Meeting
2024-09-20Annual General Meeting
2023-09-22Annual General Meeting
DateTypeWhat it says
2026-09-28Shareholder meetingDiamond Power Infrastructure Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2026 alongw...
2026-09-25Shareholder meetingProceedings of 34th Annual General Meeting held on September 25, 2026
2026-09-21Order winBagging/Receiving of orders/contracts for supply of 11 kV XLPE power cables
2026-09-17Order winBagging/Receiving of orders/contracts
2026-09-15Order winBagging/Receiving of orders/contracts
2026-09-11Press ReleaseA press release dated September 11, 2026, titled "Diamond Power Exits the NCLT Framework a Full Year Ahead of Schedule".
2026-09-03Order winBagging/Receiving of orders/contracts for supply of EHV power cable
2026-09-03General UpdatesGeneral Updates about cut-off/record date for the purpose of 34th Annual General meeting of the Company
2026-09-03Concall / analyst meetSchedule of meet
2026-09-02UpdatesLetter to Shareholders containing weblink of Annual Report FY 2026.
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-22Order winBagging/Receiving of orders/contracts
2026-08-21Concall / analyst meetTranscript
2026-08-20Capacity additionCommissioning of a copper wire drawing and copper cable manufacturing line
2026-08-19General UpdatesDisclosure under regulation 30
2026-08-14Concall / analyst meetLink of Recording
2026-08-13Investor PresentationInvestor Presentation
2026-08-13AppointmentAppointment of Mr UmeshKumar Chhaya as Additional Director and Whole Time Director of the company w.e.f. August 13, 2026.
2026-08-13Board meeting outcomeDiamond Power Infrastructure Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-12Order winBagging/Receiving of Letter of Intent from Purvanchal Vidyut Vitran Nigam Limited
2026-08-11Order winBagging/Receiving of orders/contracts aggregating to Rs. 195.48 crores from Rajesh Power Services Limited
2026-08-11Concall / analyst meetSchedule of meet
2026-07-29Committee Meeting UpdatesQualified intuitional placement - allotment
2026-07-29General UpdatesGeneral Updates about approved the issue and allotment of 7,11,00,000 Equity Shares of face value of INR 1 each to eligible qualified Institutional bu...
2026-07-28Committee Meeting UpdatesOutcome of Committee Meeting held on July 28, 2026 w.r.t. closure of QIP issue
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-13NCLTShri Bhuvan Madan RP of Diamond Power Infrastructure Ltd Vs
2021-02-16NCLTShri Bhuvan Madan RP of Diamond Power Infrastructure Ltd Vs
2020-12-07NCLTShri Bhuvan Madan RP of Diamond Power Infrastructure Ltd Vs
2020-10-21NCLTShri Bhuvan Madan RP of Diamond Power Infrastructure Ltd Vs
2020-09-16NCLTShri Bhuvan Madan RP of Diamond Power Infrastructure Ltd Vs
2020-09-16NCLTShri Bhuvan Madan RP of Diamond Power Infrastructure Ltd Vs
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Diamond Power Infrastructure Ltd?

Diamond Power Infrastructure Ltd (DIACABS) has a market capitalisation of Rs 21,055 Cr. at the 2026-10-01 close.

What is the P/E ratio of Diamond Power Infrastructure Ltd?

Diamond Power Infrastructure Ltd trades at a P/E of 114 on trailing twelve-month profit, at the 2026-10-01 close.

What were Diamond Power Infrastructure Ltd's latest quarterly results?

In the Jun 2026 quarter, Diamond Power Infrastructure Ltd sales was Rs 707 Cr (+132.6% vs Jun 2025) and net profit was Rs 57 Cr.

What is the 52-week high and low of Diamond Power Infrastructure Ltd?

The 52-week high is Rs 404.00 and the 52-week low is Rs 115.57.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03