Q2 FY26 results: Revenue Rs 438 cr, Profit Rs 28 cr, Auditor flags qualified opinion

Qualified OpinionEmphasis Of MatterRevenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF Explain this filing

DIACABS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹147.00

prior close

₹148.50

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%-0.4% vs market

Other Electrical Equipment peers, median of 43sector-0.9%+0.2% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.2 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

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15m

+1.2

30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.7-0.3-0.4-0.9+0.2

Next day

+0.0+0.7-0.7-0.2+0.2

+3.1+0.6+2.5+0.2+2.9

+2.4+0.5+1.9-0.6+3.0

+2.8+1.1+1.7-1.3+4.1

+0.8+0.3+0.5-1.2+2.0

+0.8-0.2+1.0-2.1+2.9

15d

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-5.8-4.9-0.9-10.0+4.2

-8.4-7.5-0.9-16.4+8.1

-9.5-4.8-4.8-10.6+1.1

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 43Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Diamond Power posted Q2 FY26 consolidated revenue of Rs 438.33 cr (up 75% YoY) and net profit of Rs 27.73 cr (vs Rs 4 cr last year). H1 revenue Rs 740.16 cr (up 56%), profit Rs 47.83 cr (up 133%). Auditor issued qualified opinion pending Property, Plant and Equipment reconciliation and noted Enforcement Directorate attachment on assets. Board approved Rs 1,000 cr QIP to address Minimum Public Shareholding non-compliance. Operating cash flow was deeply negative Rs 205 cr.

Likely market impact

Revenue and profit surged sharply, but auditor flagged qualified opinion on assets, company has negative equity of about Rs 715 cr, and operating cash flow is deeply negative.