Governance Neutral

2026-10-06 16:31

- Diamond Power Infrastructure Limited clarified details regarding its corporate announcement dated October 3, 2026. - Provided additional information including the Board Meeting date of October 3, 2026, with commencement time at 8:30 p.m. and conclusion at 9:00 p.m. - All other details from the original announcement remain unchanged.

Governance Neutral

2026-10-03 21:29

- Diamond Power Infrastructure Limited has appointed Mr. Ashwani Saraf as the Chief Operating Officer and Senior Management Personnel effective October 03, 2026. - Mr. Kalpesh Patel has ceased to be the Chief Operating Officer due to health reasons effective October 03, 2026.

Routine Neutral

2026-09-28 19:29

- Trading window for dealing in company securities will remain closed from October 1, 2026. - Closure will last until 48 hours after the declaration of Unaudited Financial Results for Q2/half year ending September 30, 2026. - Board meeting date to be intimated separately.

Business Update Positive

2026-09-21 13:50

- Order Win: Diamond Power Infrastructure Limited secured orders from Polite Powertech Limited, an EPC contractor for Paschim Gujarat Vij Company Ltd (PGVCL) and Uttar Gujarat Vij Company Ltd (UGVCL). - Order Value: ₹116.49 crore (including GST). An order aggregating ₹79.83 crore is subject to receipt of the Letter of Award. - Completion Timeline: Expected within the next 12 months. - Other Details: For the supply of approximately 655 km of 11 kV XLPE power cables for underground distribution projects in Gujarat. The company has fully implemented its resolution plan and exited the NCLT framework.

Business Update Positive

2026-09-17 13:01

- Order Win: Diamond Power Infrastructure Limited (DICABS) received a purchase order from a domestic EPC contractor for an urban power infrastructure project of Maharashtra State Electricity Distribution Company Limited (MSEDCL). - Order Value: ~₹263.25 crore (inclusive of GST). - Scope: Supply of MV & LV XLPE underground power cables, overhead conductors, and control cables. - Guarantee: 66 months from supply or 60 months from commissioning, whichever is earlier.

Business Update Positive

2026-09-15 10:59

- Order Win: Diamond Power Infrastructure Limited won an order from Adani Electricity Mumbai Limited (AEML) - Order Value: ₹179.43 crore (inclusive of GST) - Scope: Supply of approximately 871 kms of specialised MV cables (33 kV, 11 kV, and 1.1 kV) for Mumbai's distribution network. - Completion Timeline: Deliveries at a scheduled rate of approximately 50 km per month, starting upon manufacturing clearance. - Other details: This is the third consecutive year DPIL has been awarded this contract, for water-tree retardant (TR-XLPE) cables.

Business Update Positive

2026-09-11 10:44

- Completed full exit from NCLT Resolution Framework one year ahead of schedule by prepaying the entire ₹2,401 crore. - Cleared all legacy legal matters. - Eligible for credit ratings, with assets free for bank financing, and returned to sustained profitability.

Business Update Positive

2026-09-03 19:53

- Order Win: Diamond Power Infrastructure Limited (DICABS) won an order from a domestic EPC contractor. - Order Value: ₹76.06 Cr. (including GST, on a variable-price basis). - Details: For the supply of approximately 293 km of 66 kV Extra High Voltage (EHV) underground power cables for a transmission project in Gujarat. - Completion Timeline: Deliveries at approximately 50 km per month, commencing post manufacturing clearance.

Business Update Neutral

2026-09-03 14:32

- Diamond Power Infrastructure Limited will host plant visits for mutual funds and analysts on September 4, 2026, and September 7, 2026. - Participants include Nippon, Tata, Bandhan, and Union Mutual Funds, among others. - The interactions will be one-on-one, in-person, at the company's plant in Vadodara. - No Unpublished Price Sensitive Information will be shared.

Business Update Positive

2026-08-22 19:29

- Order Win: Diamond Power Infrastructure Limited won an order from Aurionpro Solutions Limited - Order Value: ₹52.86 Cr (including GST) - Nature of Order: Supply of HT and LT electrical cables to a hyperscale data centre campus at Hyderabad. - Completion Timeline: Supplies commence immediately and are scheduled on a staggered basis in line with the site's construction programme. - Additional Details: This order validates the company's investment in copper manufacturing, and their data center order book now exceeds ₹575 Cr.

Business Update Positive

2026-08-21 16:08

- Q1 FY27 Consolidated Revenue: ₹690 Cr (▲129% YoY) - EBITDA: ₹85 Cr (▲172% YoY), EBITDA Margin: 12.3% (▲200bps YoY) - PAT: ₹58.5 Cr (▲191% YoY) - Net worth turned positive: from negative ₹922 Cr to positive ₹691 Cr post QIP of ₹1,640 Cr - Auditor qualification and depreciation issues resolved; PMLA/NCLT legal hurdles settled - Order book as of August 11, 2026: ₹3,688 Cr (2x last year's revenue), with ₹1,000 Cr fresh wins since April - FY27 Revenue Guidance: ₹4,300-4,500 Cr; FY28 Revenue Guidance: ₹7,500 Cr - EBITDA Margin Guidance: 11-13% for FY27 - Expanding capacity with two aluminum corrugation lines, ordering a 6th CCV line (commission by Dec 2027), and two medium voltage cable lines on schedule - New LV cable project (brownfield upgrade) with 42,000 km capacity, targeting ₹1,880 Cr revenue potential, commercial production FY27-28 - Targeting ₹1,000 Cr data center orders by March 2027 and ₹1,500 Cr in FY28 - Virtually zero debt on books post-QIP

Business Update Positive

2026-08-20 19:07

- Diamond Power Infrastructure Limited has commissioned a new copper wire drawing and copper cable manufacturing line at its Vadadala, Gujarat complex. - Commercial production commenced on August 20, 2026. - The new line has an installed capacity of 1,500 MT per month of copper cables. - This marks the Company's entry into copper-based cables, enabling it to offer a complete cable package across both aluminium and copper conductors for high power intensity applications, including data centres and power plants. - No substantial investment was required as existing machinery and infrastructure were utilized. - The company expects this to support business growth and positively impact its topline.

Governance Neutral

2026-08-19 19:27

CRITICAL RED FLAG DETECTED

- The company was non-compliant with the 25% Minimum Public Shareholding (MPS) requirement for the quarter ended June 30, 2026. - A penalty of ₹4,55,000 was imposed by each stock exchange (NSE and BSE). - Through a Qualified Institutions Placement (QIP), public shareholding increased from 15.98% to 25.97%. - The company is now compliant with SEBI's MPS norms.

Business Update Neutral

2026-08-14 20:25

- Concall Audio Recording Available - Call Date: August 14, 2026 - Call Time: 10:00 AM IST - Pertains to: Q1 FY27 Financial Results

Financials Positive

2026-08-13 17:45

- 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% (▲200bps)

Governance Positive

2026-08-13 17:13

- Diamond Power Infrastructure Limited announced the appointment of Mr. Umeshkumar Chhaya as an Additional Director and Whole-time Director, effective August 13, 2026. - His tenure is until September 30, 2027, subject to shareholder approval. - Mr. Chhaya is a seasoned commercial leader with over three decades of experience in the Wire & Cable industry, currently serving as Sr. Vice President - Sales & Marketing.

Financials Positive

2026-08-13 16:28

- Q1 FY27 Consolidated Revenue ₹689.88 Cr vs ₹301.82 Cr (▲128.6% YoY) - EBITDA ₹76.96 Cr vs ₹27.21 Cr (▲182.8% YoY) - PAT ₹58.45 Cr vs ₹16.41 Cr (▲256.2% YoY) - EBITDA Margin 11.2% vs 9.0% (▲220bps) - Board approved the appointment of Mr. Umeshkumar Chhaya as an Additional Director and Whole-time Director. - The Company has been discharged from CBI / ED / PLMA Matters from criminal consequences, which is expected to enhance liquidity and facilitate asset recovery. - The Company's Property, Plant and Equipment (PPE) records and depreciation position are now fully regularized after retrospective adjustments. - Registered office shifting approved for administrative and operational convenience.

Business Update Positive

2026-08-12 17:26

- Order Win: Diamond Power Infrastructure Limited won an order from Purvanchal Vidyut Vitran Nigam Limited (PuVVNL), a Uttar Pradesh Government undertaking. - Order Value: ₹61.03 Crores (inclusive of GST) for the supply of 250 km of 33 kV HT XLPE cable. - Completion Timeline: By January 2027 (scheduled deliveries from September 2026 to January 2027).

Business Update Positive

2026-08-11 18:33

- Order Win: Diamond Power Infrastructure Ltd (DICABS) received two purchase orders from Rajesh Power Services Limited, an EPC contractor for Paschim Gujarat Vij Company Limited (PGVCL) projects. - Order Value: ₹195.48 crore (basic value, excluding GST). - Completion Timeline: 12 months. - Details: For supply of 11 kV Medium Voltage underground power cables for PGVCL's Disaster Management (SDMF) and Urban Underground (SI) projects in coastal Gujarat.

Business Update Neutral

2026-08-11 11:36

- Concall Schedule - Concall Date: August 14, 2026 - Concall Time: 10:00 A.M. (IST)

Business Update Positive

2026-07-29 00:45

- Diamond Power Infrastructure Limited allotted 7.11 crore Equity Shares at ₹227 per share via Qualified Institutions Placement (QIP), raising ₹16,139.70 crore. - The paid-up equity share capital increased from 52.69 crore shares to 59.80 crore shares.

Ownership Positive

2026-07-29 00:40

- Diamond Power Infrastructure Limited allotted 7,11,00,000 equity shares via Qualified Institutions Placement (QIP) at ₹227 per share. - The company raised ₹1,61,397.00 lakhs (approx. ₹1,614 crore) through this issue on July 28, 2026. - The paid-up equity share capital increased from 52,69,71,060 to 59,80,71,060 shares.

Business Update Positive

2026-07-28 23:51

- Closure of Qualified Institutions Placement (QIP) on July 28, 2026. - Allotted 7,11,00,000 Equity Shares at ₹227 per share to qualified institutional buyers. - The company successfully raised approximately ₹1614 Crores through this issue.

Business Update Positive

2026-07-23 22:55

- Management Committee approved the preliminary placement document for a Qualified Institutions Placement (QIP). - The proposed issue opens today, July 23, 2026. - The floor price is fixed at ₹238.92 per Equity Share. - The company may offer a discount of up to 5% on the floor price. - Trading window is closed from July 1, 2026, until 48 hours after Q1 FY27 results declaration.

Financials Negative

2026-07-23 17:58

CRITICAL RED FLAG DETECTED

- DICABS submitted Consolidated Financial Statements for the year ended March 31, 2026. - Auditors issued a qualified opinion due to ongoing reconciliation of Property, Plant & Equipment and Capital Work-in-Progress, impacting depreciation and net profit. - This matter also qualified previous year's and quarterly reports.

Business Update Positive

2026-07-21 16:09

- Postal ballot for raising funds via Qualified Institutions Placement (QIP) approved by shareholders. - The special resolution passed with 99.9995% votes in favour. - Remote e-voting for the resolution concluded on July 19, 2026.

Governance Positive

2026-07-21 16:06

- Shareholders of Diamond Power Infrastructure Limited approved raising funds by way of issuance of Equity Shares through Qualified Institutions Placement (QIP) via postal ballot. - The special resolution passed with 99.9995% votes in favor and 0.0005% against. - The remote e-voting process concluded on July 19, 2026.

Business Update Positive

2026-07-16 23:18

- Order Win: Diamond Power Infrastructure Limited received a Contract Confirmation/Letter of Award from Adani Energy Solutions Limited (AESL). - Order Value: Approximately ₹185.16 Crore (exclusive of GST). - Completion Timeline: Deliveries scheduled between July 2026 and February 2027 (approx. 8 months). - Details: For the supply of AL59 aluminium alloy conductors for AESL's Tuticorin and Pune-III projects.

Business Update Positive

2026-07-16 23:14

- Order Win: Diamond Power Infrastructure Limited secured a contract from Adani Energy Solutions Limited (AESL). - Order Value: Approximately ₹185.16 Crore (exclusive of GST), aggregating to approximately ₹218.49 Crore inclusive of GST. The contract is on a variable-price basis. - Completion Timeline: Deliveries are scheduled between July 2026 and February 2027 (approximately 8 months). - Details: Supply of AL59 Moose and AL59 Zebra conductors for AESL's Tuticorin and Pune-III transmission projects.

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Diamond Power Infrastructure Limited

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