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NSE:DIACABS

DIAMOND POWER INFRA LTD

Capital Goods › Electrical Equipment·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹323.95
at close · 28 Oct 2026
▼ 11.05 (-3.30%)

Latest filings

Next results: Tue, 3 Nov · Financial Results
  1. Board to approve September 2026 quarter and half-year results · Results
  2. Diamond Power to add new 132 kV CCV cable line, invests Rs 25 cr · Compliance
  3. Diamond Power Infra appoints new CFO Kundip Thakker effective Oct 20, 2026 · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufacturers and supplies electrical conductors and power cables used in electricity transmission and in data centre infrastructure. Its aluminium alloy conductors (AL59 Moose and AL59 Zebra grades) go to power transmission projects, with a Rs 185.16 crore order from Adani Energy Solutions covering 1,050 km for the Tuticorin project and 3,770 km for the Pune-III project. Its HT and LT power cables are sold into data centre builds, with a Rs 435.71 crore order to supply about 21.35 lakh metres of cable for the 310 MW Hyderabad data centre projects, with clients including L&T, Sterling and Wilson, and Blue Star. Production is based at its Vadodara plant. Revenue for FY26 was Rs 1,910.10 crore and net profit Rs 158.17 crore, with materials accounting for 83.8% of revenue. The firm recently completed an NCLT insolvency resolution process and raised about Rs 1,614 crore via a qualified institutional placement of equity to institutions.

Operating scale
FY26 revenue
Rs 1,910.10 crore
FY26 net profit
Rs 158.17 crore
Adani conductor order
Rs 185.16 crore; 1,050 km + 3,770 km of AL59 conductor
Hyderabad data centre cable order
Rs 435.71 crore; 21.35 lakh metres of HT/LT cable
Materials as share of revenue
83.8% of revenue (FY26)
Manufacturing base
Vadodara plant
Who pays it
Power transmission utilities and EPC contractors, including Adani Energy Solutions, L&T, Sterling and Wilson, and Blue Star
Biggest cost
Materials (largely aluminium), 83.8% of FY26 revenue
Kind of business
Asset-heavy electrical equipment manufacturer, recently emerged from NCLT insolvency resolution
Where it sits
Supplier of conductors and cables to Indian power transmission and data centre projects
Market Cap
₹17,071 Cr
P / E (TTM)
86.8×
EV / EBITDA
68.6×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
10.6%·
ROCE (FY26)
ROE n/m · margin 12.1%
Leverage
n/m·
Debt / Equity · negative net worth
Net debt ₹2,494 Cr
Moves on a normal day
1.78%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 56 Other Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#46/52
ROCE#36/55
EBITDA margin#27/51
Revenue growth#3/46
Profit growth#7/45

Scorecard

Measured from the filed financials, judged against its Other Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Negative net worth — liabilities exceed assets by ₹604 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity

Charts

How has the market priced it — with filings on the timeline?

DIACABS · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from DIAMOND POWER INFRA LTD's filed financials and exchange disclosures

What does DIAMOND POWER INFRA LTD do?

DIAMOND POWER INFRA LTD is a Electrical Equipment company listed on NSE and BSE, trading under the symbol DIACABS.

Is DIAMOND POWER INFRA LTD profitable?

Yes. Over the trailing twelve months DIAMOND POWER INFRA LTD reported a net profit of ₹197 Cr on revenue of ₹2,298 Cr.

Does DIAMOND POWER INFRA LTD pay a dividend?

Not in the latest reported year — DIAMOND POWER INFRA LTD's dividend payout for FY26 was nil.

Is DIAMOND POWER INFRA LTD debt-free?

No. It reported borrowings of ₹2,530 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹2,494 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹604 Cr, so a debt-to-equity ratio is not meaningful.

Is DIAMOND POWER INFRA LTD expensive compared with its peers?

On trailing P/E, DIAMOND POWER INFRA LTD ranks 46 of 52 in Other Electrical Equipment — cheaper than 12% of them, against an industry median of 22.4×. This is a position, not a valuation judgement.

How much does the DIAMOND POWER INFRA LTD share price move in a day?

On a typical session DIAMOND POWER INFRA LTD moves 1.78% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are DIAMOND POWER INFRA LTD's next results?

Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track DIAMOND POWER INFRA LTD's announcements?

Every NSE and BSE filing by DIAMOND POWER INFRA LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.