Diamond Power Infrastructure Limited has informed the Exchange regarding a press release dated May 26, 2026, titled "DIAMOND POWER INFRASTRUCTURE LIMITED REPORTS STRONG FY26 PERFORMANCE WITH 71% REVENUE GROWTH AND 355% JUMP IN PAT".
DIACABS · price
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Diamond Power Infrastructure Limited (DICABS) reported exceptional FY26 results for the year ending March 31, 2026. Revenue grew 71% YoY to ₹1,91,010 Lakhs (₹1,910 Cr), driven by strong demand for EHV cables and conductors. PAT surged 355% YoY to ₹15,817 Lakhs, while EBITDA jumped 243% YoY to ₹23,162 Lakhs. Q4 FY26 showed even stronger momentum with revenue up 108% YoY and PAT up 691% YoY. EBITDA margin expanded significantly from 6.1% in FY25 to 12.1% in FY26, reflecting improved operational efficiency and a premium product mix shift toward EHV, HTLS, and AL59 conductors. The company operates at only 25-30% capacity utilization, indicating significant growth runway. Key customers include Power Grid, Adani, NTPC, and major discoms.
The stock should see positive sentiment given the exceptional revenue and profit growth, margin expansion, and the company's positioning in India's power infrastructure supercycle with renewable energy and data center demand. Capacity at just 25-30% utilization suggests strong upside potential.