Diamond Power Infrastructure Limited is engaged in the business of manufacturing of Transmission & distribution of power products & services in India.[1]
History[1]Diamond Power Infrastructure Limited (DPIL), based in Vadodara, Gujarat, was an integrated power transmission and distribution (T&D) solutions provider, offering conductors, cables, transmission towers, and EPC services under the "DIACABS" brand. The company had a manufacturing unit in Vadodara and a distribution network spanning 16 Indian states.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Waaree Energies | 2552.20 | 27.17 | 73426.05 | 0.08 | 878.21 | 132.97 | 6065.64 | 69.70 | 34.94 | 17952.69 | 22.55 | 2702.29 | 842.55 | 6.39 | 12.40 | 0.26 |
| 2. | Premier Energies | 739.70 | 28.00 | 33436.84 | 0.14 | 353.44 | 71.61 | 1836.87 | 20.28 | 41.12 | 6991.77 | 30.77 | 1194.26 | 353.44 | 9.70 | 17.90 | 0.47 |
| 3. | Apar Inds. | 7410.50 | 31.72 | 29799.61 | 0.69 | 251.70 | 29.82 | 5715.42 | 23.06 | 32.70 | 20745.76 | 8.33 | 939.50 | 251.70 | 6.13 | 7.83 | 0.14 |
| 4. | Emmvee Photovol. | 215.31 | 27.92 | 14893.24 | 0.00 | 263.64 | 165.77 | 1152.25 | 118.11 | 28.01 | 2335.61 | 30.91 | 368.94 | 263.64 | 15.58 | 12.12 | 2.15 |
| 5. | Waaree Renewab. | 941.15 | 23.34 | 9800.86 | 0.11 | 120.20 | 124.67 | 851.06 | 136.18 | 82.31 | 2705.61 | 20.72 | 419.88 | 120.22 | 14.92 | 25.06 | 0.12 |
| 6. | Genus Power | 283.35 | 18.20 | 8605.96 | 0.86 | 148.15 | 162.44 | 1149.00 | 135.99 | 19.21 | 3632.39 | 21.18 | 472.85 | 148.15 | 4.60 | 8.43 | 0.93 |
| 7. | Vikram Solar | 235.14 | 32.64 | 8517.20 | 0.00 | 128.49 | 1645.79 | 1109.91 | 93.72 | 26.45 | 3423.45 | 14.37 | 139.83 | 128.49 | 2.88 | 5.16 | 0.09 |
| 8. | Diamond Power | 130.44 | 117.22 | 6860.63 | 0.00 | 25.19 | 529.75 | 445.31 | 77.91 | – | 1390.13 | 7.22 | 58.53 | 25.19 | – | 2.10 | – |
| – | Median: 57 Co. | 215.31 | 28.05 | 652.14 | 0.0 | 9.41 | 53.91 | 115.26 | 23.42 | 20.37 | 350.85 | 12.84 | 24.65 | 9.41 | 4.23 | 8.43 | 0.32 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 0 | 1 | 14 | 74 | 75 | 60 | 134 | 224 | 250 | 307 | 334 | 304 | 445 |
Expenses | 5 | 13 | 20 | 63 | 64 | 57 | 116 | 200 | 237 | 291 | 320 | 274 | 404 |
Operating Profit | -5 | -11 | -6 | 11 | 10 | 3 | 18 | 24 | 13 | 16 | 14 | 29 | 41 |
Other Income | 0 | 0 | 0 | 0 | -1 | -1 | 3 | -0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -9 | -15 | -14 | 6 | 2 | -5 | 14 | 17 | 4 | 6 | 8 | 19 | 25 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | -1% | -0% | -0% | -0% | -0% | -0% | -0% |
Net Profit | -9 | -15 | -14 | 6 | 2 | -5 | 14 | 17 | 4 | 6 | 8 | 19 | 25 |
EPS in Rs | -0.17 | -0.29 | -0.26 | 0.10 | 0.04 | -0.10 | 0.27 | 0.31 | 0.08 | 0.12 | 0.15 | 0.36 | 0.48 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 1,267 | 1,740 | 2,126 | 2,674 | 2,369 | 2,045 | 1,131 | 0 | 0 | 15 | 343 | 1,115 | 1,390 |
Expenses | 1,106 | 1,547 | 1,907 | 2,412 | 2,252 | 2,055 | 1,778 | 2 | 3 | 39 | 301 | 1,048 | 1,290 |
Operating Profit | 162 | 193 | 219 | 262 | 117 | -11 | -647 | -2 | -3 | -24 | 43 | 67 | 100 |
Other Income | 1 | 3 | 6 | 7 | -20 | 7 | 125 | 0 | 0 | 0 | 0 | 1 | 1 |
Interest | 25 | 49 | 86 | 112 | 159 | 223 | 191 | 6 | 7 | 1 | 7 | 13 | 18 |
Depreciation | 19 | 24 | 33 | 35 | 48 | 57 | 94 | 16 | 16 | 19 | 20 | 20 | 25 |
Profit before tax | 120 | 123 | 107 | 122 | -110 | -284 | -808 | -24 | -25 | -43 | 17 | 35 | 58 |
Net Profit | 98 | 108 | 92 | 104 | -116 | -269 | -795 | -24 | -25 | -43 | 17 | 35 | 59 |
EPS in Rs | 1.97 | 2.18 | 1.86 | 1.93 | -2.14 | -4.73 | -2.95 | -0.09 | -0.09 | -0.81 | 0.32 | 0.66 | 1.11 |
Dividend Payout % | 11% | 14% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 37 | 37 | 37 | 54 | 54 | 57 | 270 | 270 | 270 | 53 | 53 | 53 | 53 |
Reserves | 479 | 570 | 665 | 867 | 786 | 564 | 387 | -866 | -891 | -1,033 | -1,026 | -931 | -770 |
Borrowings | 443 | 696 | 1,131 | 1,277 | 1,892 | 2,206 | 1,605 | 1,977 | 1,978 | 367 | 456 | 463 | 597 |
Other Liabilities | 156 | 293 | 511 | 546 | 237 | 544 | 194 | 611 | 623 | 2,019 | 2,035 | 2,201 | 2,133 |
Total Liabilities | 1,115 | 1,596 | 2,344 | 2,744 | 2,968 | 3,371 | 2,456 | 1,992 | 1,980 | 1,407 | 1,518 | 1,785 | 2,012 |
Fixed Assets | 249 | 345 | 319 | 489 | 437 | 1,339 | 1,246 | 1,103 | 1,087 | 1,070 | 1,057 | 1,168 | 1,154 |
Gross Block | 300.15 | 416.73 | 419.00 | 619.50 | 615.05 | 1,574.85 | 1,575.09 | 1,575.11 | 1,575.12 | 1,576.49 | 1,583.63 | 1,714.07 | – |
Accumulated Depreciation | 51.33 | 71.77 | 100.16 | 130.04 | 177.99 | 235.46 | 329.41 | 472.11 | 487.81 | 506.65 | 526.21 | 546.49 | – |
CWIP | 150 | 208 | 387 | 442 | 679 | 125 | 128 | 188 | 188 | 188 | 198 | 112 | 125 |
Investments | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 12 | 12 | 0 | 0 | 3 | 3 |
Other Assets | 699 | 1,025 | 1,622 | 1,795 | 1,835 | 1,889 | 1,065 | 689 | 692 | 149 | 263 | 503 | 730 |
Total Assets | 1,115 | 1,596 | 2,344 | 2,744 | 2,968 | 3,371 | 2,456 | 1,992 | 1,980 | 1,407 | 1,518 | 1,785 | 2,012 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -5 | -25 | -123 | 106 | -322 | -148 | -254 | 4 | 9 | -1,953 | 16 | 81 |
Cash from Investing Activity | -228 | -157 | -174 | -259 | -179 | -102 | 45 | -0 | -1 | 20 | -19 | -72 |
Cash from Financing Activity | 249 | 191 | 341 | 152 | 500 | 260 | 210 | -4 | -6 | 1,936 | 4 | -6 |
Net Cash Flow | 16 | 9 | 44 | -1 | -1 | 10 | 1 | -0 | 2 | 3 | 1 | 3 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 55 | 42 | 69 | 32 | 79 | 140 | 113 | – | – | 155 | 62 | 57 |
Inventory Days | 118 | 147 | 171 | 182 | 181 | 153 | 127 | – | – | 1,487 | 176 | 81 |
Days Payable | 21 | 58 | 89 | 18 | 25 | 77 | 13 | – | – | 627 | 151 | 78 |
Cash Conversion Cycle | 151 | 130 | 150 | 196 | 234 | 216 | 228 | – | – | 1,016 | 87 | 60 |
Working Capital Days | 76 | 42 | 41 | 44 | 97 | 50 | 42 | – | – | 2,264 | 59 | 9 |
ROCE % | 18% | 15% | 12% | 12% | 3% | -2% | -29% | – | -1% | -11% | – | – |
Direct from BSE filings, auto-summarised
External media mentions & references
Editorial & research coverage
Stock Analysis
Order Book: January 2026 = ₹52.48 Cr (Enrich Energy Private Limited - Power Cables, execution by May 2026) -> December 2025 = ₹66.18 Cr (Hild Projects Private Limited - Power Cable Supply, execution by June 2026) -> December 2025 = ₹55.54 Cr (Bondada Engineering Limited - Power Cables, execution Jan-July 2026) -> November 2025 = ₹75.14 Cr (Amara Raja Infra - HT/LT Cables, execution by March 2026) -> October 2025 = ₹747.64 Cr (Adani Green Energy Limited - HV Cables, execution Jan-Dec 2026) -> August 2025 = ₹184.66 Cr (Adani Energy Solutions Limited - Khavda IV-D Project, execution by May 31, 2026) -> July 2025 = ₹236.71 Cr (Adani Energy Solutions Limited - Jamnagar Project, execution by June 30, 2026)
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