522163
Diamond Power Infrastructure Ltd-$
BSELast Traded Price
₹350.40
+12.90 (+3.82%)
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₹343.75
High
₹353.70
Low
₹334.60
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Industry
Capital Goods
Market Cap
20,956.41 Cr
Filing History
Recent corporate announcements and filings for 522163
Business Update
Positive
2026-08-22 19:23
- Order Win: Diamond Power Infrastructure Limited won an order from Aurionpro Solutions Limited
- Order Value: ₹52.86 Cr (including GST)
- Completion Timeline: Supplies commence immediately, scheduled on a staggered basis in line with the site's construction programme.
- Details: For the supply of HT and LT electrical cables to a hyperscale data centre campus at Hyderabad. The order is copper-intensive, leveraging DICABS's recently commissioned copper cable manufacturing line. Management notes their data center order book exceeds ₹575 Cr and plans to aggressively target this segment.
Business Update
Positive
2026-08-21 16:09
- FY27 Revenue Guidance: ₹4,300-₹4,500 crores, with FY28 target of ₹7,500 crores.
- FY27 EBITDA Margin Guidance: 11-13%, expected to strengthen from improving product mix towards higher voltage cables.
- Strong Order Book: ₹3,688 crores as of August 11, 2026 (2x last year's revenue), including ₹1,000 crores fresh wins since April.
- Capacity Expansion: Implementing two new aluminum corrugation lines, ordering a sixth CCV line (commissioning by Dec 2027), and installing two additional medium voltage cable lines.
- New LV Cable Project: A brownfield upgrade with ₹1,880 crores revenue potential, with commercial production expected FY27-28.
- Data Center Orders: Targeting ₹1,000 crores in orders by March 2027, expecting ₹750 crores in sales this fiscal and ₹1,500 crores next fiscal.
- Disaster Management Orders: Anticipates ₹4,000-₹5,000 crores worth of orders by year-end from Gujarat's ₹22,000 crore project; similar opportunities noted in other coastal states.
- Debt Position: Net worth turned positive (₹691 crores) post-QIP, with significant debt reduction and a target of virtually zero debt by March 2028.
- Resolved Auditor Qualification: Previous auditor qualification regarding depreciation of PPE is now resolved.
Business Update
Positive
2026-08-20 19:06
- Diamond Power Infrastructure Limited commissioned a new copper wire drawing and cable manufacturing line on August 20, 2026.
- Located at Vadodara, Gujarat, the line adds 1,500 MT per month capacity for copper cables, targeting high power-intensity applications.
- This marks the company's entry into copper-based cables, expanding its portfolio from aluminium-based.
- The new line is expected to support business growth and positively impact the topline.
Governance
Negative
2026-08-19 19:19
CRITICAL RED FLAG DETECTED
- Company received notices from NSE and BSE regarding non-compliance with Minimum Public Shareholding (MPS) requirement for the quarter ended June 30, 2026.
- A penalty of ₹4,55,000 each has been imposed by the stock exchanges.
- The company completed a Qualified Institutions Placement (QIP), increasing public shareholding from 15.98% to 25.97% and achieving compliance with the 25% MPS requirement.
Business Update
Neutral
2026-08-14 20:24
- Audio recording of the Q1 FY27 Financial Results Earnings Conference call is available.
- The call was held on August 14, 2026, at 10:00 AM IST.
- A link to access the audio recording has been provided.
Financials
Positive
2026-08-13 17:44
- Q1 FY27 Consolidated Revenue ₹689.9 Cr vs ₹301.8 Cr (▲129% YoY)
- EBITDA ₹84.6 Cr vs ₹31.1 Cr (▲172% YoY)
- PAT ₹58.5 Cr vs ₹20.1 Cr (▲191% YoY)
- EBITDA Margin 12.3% vs 10.3% (▲196bps)
Governance
Positive
2026-08-13 17:12
- The Board of Directors approved the appointment of Mr. Umeshkumar Chhaya as an Additional Director and Whole-time Director, effective August 13, 2026.
- His tenure is from August 13, 2026, to September 30, 2027, subject to shareholder approval at the ensuing Annual General Meeting.
- Mr. Chhaya is currently the Senior Vice President – Sales & Marketing and has over three decades of experience in the Wire & Cable industry.
Financials
Positive
2026-08-13 16:39
- Q1 FY27 Consolidated Revenue ₹689.88 Cr vs ₹301.82 Cr (▲128.6% YoY)
- EBITDA ₹76.96 Cr vs ₹30.91 Cr (▲148.9% YoY)
- PAT ₹58.45 Cr vs ₹16.41 Cr (▲256.3% YoY)
- EBITDA Margin 11.2% vs 10.2% (▲100bps)
- Mr. Umeshkumar Chhaya appointed as Additional and Whole-time Director.
- Company discharged from CBI/ED/PMLA matters, expected to enhance liquidity and facilitate borrowings and recoveries.
Financials
Positive
2026-08-13 16:29
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹689.88Cr vs ₹301.82Cr (▲128.6% YoY)
- EBITDA ₹76.96Cr vs ₹27.21Cr (▲182.8% YoY)
- PAT ₹58.45Cr vs ₹16.41Cr (▲256.3% YoY)
- EBITDA Margin 11.16% vs 9.02% (▲214bps)
- Mr. Umeshkumar Chhaya appointed as Additional & Whole-time Director for a tenure from August 13, 2026, to September 30, 2027.
- Approved shifting of the Registered Office from Vadodara to Ahmedabad for administrative and operational convenience.
- Company discharged from CBI/ED/PLMA criminal consequences, which will facilitate the release of attached assets and improve liquidity.
Business Update
Positive
2026-08-12 17:33
- Order Win: Diamond Power Infrastructure Limited won an order from Purvanchal Vidyut Vitran Nigam Limited (PuVVNL) for the supply of 33 kV HT XLPE cable.
- Order Value: ₹61.04 Cr (inclusive of GST).
- Completion Timeline: By January 2027, with scheduled deliveries from September 2026 to January 2027.