Business Update Positive

2026-11-07 20:27

Management Guidance & Outlook - Revenue guidance for FY27 maintained at ₹4,300 - ₹4,500 Cr, requiring ~₹2,580 Cr in H2 FY27. - EBITDA margins guided at 11% - 13%, expected to rise to 14% - 16% once backward integration into polymers begins operations by December 2027. - Minimum corporate tax liability expected until Q1 FY29 due to accumulated carry-forward losses of ₹1,432 Cr. Order Book & Growth Drivers - Firm order book stands at ₹3,735 Cr (around ₹4,300 Cr at current market prices) with monthly order inflows of ₹350 - ₹400 Cr. - Active inquiry pipeline of ₹32,000 Cr in MV and EHV cables to be finalized across the industry within 90 days. - High growth driven by power grid buildout (AL59 conductors), renewable evacuation, underground cabling, and data centres (guided to contribute ₹750 Cr in FY27). Capex & Expansion - Planned capex of ₹366 Cr across margin-expansion projects, including a ₹170 Cr backward integration into an 84,500-tonne polymer compounding facility. - Expanding capacity via a 6th CCV line, doubling copper capacity from 1,500 to 2,500 tonnes per month, and building a 1,000 km/month 3.3 kV solar cable plant. Balance Sheet & Liquidity - Turned net cash positive at ₹572 Cr from net debt of ₹527 Cr, backed by ₹1,614 Cr QIP proceeds. - Successfully exited NCLT by prepaying the full ₹501 Cr cash consideration a year ahead of schedule.

Business Update Positive

2026-11-07 20:23

Current Scenario & Performance - Achieved first ₹1,000+ Cr quarter with Q2 FY27 revenue of ₹1,032 Cr (up 135% YoY) and PAT of ₹108 Cr (up 3.9x YoY). - Exited NCLT process completely; net worth turned positive to ₹764 Cr and balance sheet turned to net cash of ₹572 Cr. - Outstanding order book stands at ₹3,735 Cr (quoted value) and ~₹4,300 Cr at current market prices. Management Guidance & Outlook - Reaffirmed full-year FY27 revenue guidance of ₹4,300–₹4,500 Cr, targeting ~₹2,580 Cr in H2 FY27. - EBITDA margins guided at 11%–13% in near term, expected to expand to 14%–16% post-commissioning of polymer facility. - Company has ₹1,432 Cr carry-forward tax losses, expecting zero/negligible corporate tax until Q1 FY29. Capex & Backward Integration - Investing ₹170 Cr in an integrated polymer compounding complex (Phase 1 by Dec 2027, Phase 2 in early 2028) expected to add ~₹120 Cr to EBITDA. - Capex also includes ordering a 6th CCV line, scaling copper cable capacity to 2,500 tons/month, and setting up solar cable line. Growth Drivers - Data centre cables generated ₹242 Cr in Q2 (first quarter of launch), targeted at ₹750 Cr for FY27. - Strong demand in 11–66 kV MV/EHV cables, AL59 conductors for HVDC 800 kV lines, and renewable energy evacuation. - Expanding into pan-India presence and global exports (Middle East, US, and Europe).

Business Update Neutral

2026-11-04 14:55

- Audio recording of the Earnings Conference Call held on November 4, 2026, at 10:00 AM IST is available on the company website. - The concall pertained to the Financial Results for Q2 FY27 (quarter and half year ended September 30, 2026).

Business Update Neutral

2026-11-04 14:54

- Audio recording of the Earnings Conference Call held on November 4, 2026, for Q2 FY27 financial results is available on the company's website.

Routine Neutral

2026-11-03 13:57

- Diamond Power Infrastructure Ltd submitted a statement confirming no deviation or variation in the utilization of QIP proceeds for the quarter ended September 30, 2026. - The statement was reviewed and approved by the Audit Committee at its meeting held on November 3, 2026.

Routine Neutral

2026-11-03 13:55

- Diamond Power Infrastructure Limited submitted a statement confirming no deviation or variation in the utilization of QIP proceeds for the quarter ended September 30, 2026. - The statement was reviewed and approved by the Audit Committee at its meeting held on November 3, 2026.

Business Update Positive

2026-11-03 13:11

- Q2 FY27 Revenue surged 135% YoY to ₹1,032 Cr; H1 FY27 Revenue reached ₹1,722 Cr (+133% YoY). - EBITDA grew 189% YoY to ₹133 Cr with a 12.9% margin. - PAT rose 3.9x YoY to ₹108 Cr. - Data-centre cables contributed ₹242 Cr, accounting for 23% of Q2 revenue.

Business Update Positive

2026-11-03 13:10

- Q2 FY27 Revenue grew 135% YoY to ₹1,032 Cr; EBITDA rose 189% YoY to ₹133 Cr (12.9% margin). - PAT surged 3.9x YoY to ₹108 Cr; H1 FY27 PAT reached ₹166 Cr. - Data-centre cables launched and contributed ₹242 Cr (23% of Q2 revenue).

Business Update Positive

2026-11-03 13:04

- Board approved unaudited financial results for the quarter ended September 30, 2026. - Granted in-principle approval for ₹170 crore capex to establish an Integrated Polymer Complex at Vadodara in two phases. - Facility will produce PVC/FRLS and super-clean XLPE compounds up to 400 kV. - Reported zero deviation in utilization of QIP proceeds.

Governance Positive

2026-11-03 13:03

- Board approved Unaudited Financial Results (Standalone and Consolidated) for the quarter ended September 30, 2026 with an unmodified Limited Review Report. - Granted in-principle approval for ₹170 crore capex plan for an Integrated Polymer Complex at Vadodara (Phase I and II). - Noted zero deviation or variation in the utilisation of QIP proceeds.

Business Update Neutral

2026-10-29 15:15

Concall Schedule Concall Date: November 4, 2026 Concall Time: 10:00 A.M. (IST)

Business Update Neutral

2026-10-29 15:09

Concall Schedule Concall Date: November 4, 2026 Concall Time: 10:00 A.M. (IST)

Governance Neutral

2026-10-28 16:21

- Board meeting scheduled on Tuesday, November 3, 2026 - Agenda to consider and approve Unaudited Financial Results (Standalone and Consolidated) for Q2 / half year ended September 30, 2026 - Trading window remains closed until 48 hours after declaration of results

Business Update Positive

2026-10-22 11:17

Diamond Power Infrastructure Ltd is adding a new Catenary Continuous Vulcanisation (CCV) line for cables up to 132 kV. Investment Required: Rs 25 crore, funded via internal accruals. Completion Timeline: Commissioning by December 31, 2027. Rationale: To meet growing demand for HV/EHV underground cables and expand EHV capacity.

Business Update Positive

2026-10-22 11:17

- Diamond Power Infrastructure Limited is adding a new Catenary Continuous Vulcanisation (CCV) line for cables up to 132 kV. - Investment required is Rs 25 crore, financed through internal accruals. - Capacity is expected to be commissioned by December 31, 2027. - Rationale is to meet growing demand for HV/EHV underground cables.

Governance Neutral

2026-10-19 19:21

- Diamond Power Infrastructure Ltd has appointed Mr. Kundip S. Thakker as the new Chief Financial Officer (CFO) & Key Managerial Personnel effective October 20, 2026. - The previous CFO has been re-designated as Deputy Chief Financial Officer effective October 20, 2026. - Updated contact details of KMPs authorized for determining materiality and making disclosures were also submitted pursuant to Regulation 30(5).

Governance Neutral

2026-10-19 19:18

- Diamond Power Infrastructure Limited announced the appointment of Mr. Kundip S. Thakker as Chief Financial Officer and KMP effective October 20, 2026. - Mr. Kundip S. Thakker brings over 26 years of experience in financial management. - Authorized KMPs for determining materiality and disclosures under Regulation 30(5) are updated to include Mr. Kundip Thakker (CFO) and Mr. Jayesh Patel (Company Secretary).

Governance Neutral

2026-10-19 19:02

- Diamond Power Infrastructure Limited announced the appointment of Mr. Kundip S. Thakker as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective October 20, 2026. - Mr. Pawan Lohiya ceased to be the CFO effective October 19, 2026, and was re-designated as Deputy CFO effective October 20, 2026.

Governance Neutral

2026-10-19 19:00

- Diamond Power Infrastructure Ltd has appointed Mr. Kundip S. Thakker as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective October 20, 2026. - Mr. Pawan Lohiya has ceased to be the CFO effective October 19, 2026, and has been re-designated as the Deputy CFO effective October 20, 2026.

Governance Neutral

2026-10-19 18:02

- Mr. Kundip S. Thakker appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective October 20, 2026. - Mr. Pawan Lohiya ceased to be CFO effective October 19, 2026, and was re-designated as Deputy CFO effective October 20, 2026. - Mr. Thakker brings over 26 years of experience in financial management, corporate finance, and treasury.

Governance Neutral

2026-10-19 18:00

- Appointed Mr. Kundip S. Thakker as Chief Financial Officer and Key Managerial Personnel effective October 20, 2026. - Mr. Pawan Lohiya ceased to be Chief Financial Officer and has been re-designated as Deputy Chief Financial Officer effective October 20, 2026.

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

2026-10-06 16:27

- Diamond Power Infrastructure Ltd submitted a clarification regarding a corporate announcement made on October 3, 2026, on change in management. - Provided additional details including the date of the board meeting (October 3, 2026), time of commencement (8:30 p.m.), and time of conclusion (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.

Governance Neutral

2026-10-03 21:27

- Diamond Power Infrastructure Ltd announced the appointment of Mr. Ashwani Saraf as Chief Operating Officer and Senior Management Personnel (SMP) effective October 3, 2026. - Mr. Kalpesh Patel ceased to be the Chief Operating Officer and SMP of the company from the close of business hours on October 3, 2026, due to health reasons.

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.

Routine Neutral

2026-09-28 19:27

- Trading window closure for all designated persons/insiders starts from October 1, 2026. - Window will re-open 48 hours after declaration of financial results for the quarter/half year ending September 30, 2026. - Board meeting date to approve results will be announced separately.

Governance Neutral

2026-09-28 19:14

- Diamond Power Infrastructure Limited held its 34th Annual General Meeting on September 25, 2026. - All 9 resolutions, including the adoption of standalone and consolidated financial statements, re-appointment of directors, appointment of Mr. Umeshkumar Chhaya as Whole-time Director, and shifting of the registered office from Vadodara to Ahmedabad, were passed with the requisite majority.

Governance Positive

2026-09-25 19:51

- Diamond Power Infrastructure Limited held its 34th Annual General Meeting (AGM) on September 25, 2026, through video conferencing. - Consolidated total revenue for FY 2025-26 grew to ₹1,910 crore, EBITDA rose to ₹224 crore with a margin of 11.7%, and PAT increased to ₹158 crore. - The company successfully raised ₹1,614 crore via QIP, achieved compliance with Minimum Public Shareholding, and prepaid NCLT-related loan installments early.

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

2026-09-21 13:42

- Order Win: Diamond Power Infrastructure Limited (DICABS) secured orders from Polite Powertech Limited for 11 kV XLPE power cables for Gujarat's underground distribution projects. - Order Value: ₹116.49 crore (including GST). - Completion Timeline: Expected over the next 12 months. - Other Details: Orders are for supply of approximately 655 km of cables. A portion of the order (₹79.83 crore) is subject to Letter of Award from the end utility.

Business Update Positive

2026-09-17 13:02

- Order Win: Diamond Power Infrastructure Limited (DICABS) won an order from a domestic EPC contractor for Maharashtra State Electricity Distribution Company Limited (MSEDCL). - Order Value: ₹263.25 crore (inclusive of GST). - Scope: Supply of power cables and conductors for an urban power infrastructure project in the Bhandup region, Maharashtra. - Completion Timeline: Guarantee period of 66 months from supply or 60 months from commissioning; delivery schedule to be finalized.

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 11:00

- Order Win: Diamond Power Infrastructure Limited won order from Adani Electricity Mumbai Limited - Order Value: ₹179.43 Cr. (inclusive of GST) - Completion Timeline: Deliveries to commence upon manufacturing clearance at approx. 50 km per month. - Details: For supply of specialised MV cables for Mumbai's distribution network. This is the third consecutive year DPIL has received this contract.

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

2026-09-11 10:43

- Diamond Power Infrastructure Ltd (DICABS) has completed its full exit from the NCLT Resolution Framework one year ahead of schedule (September 11, 2026). - The company prepaid the entire ₹2,401 crore resolution plan consideration (₹501 crore cash + ₹1,900 crore bonds). - This makes DICABS eligible for credit ratings, frees its assets for bank funding, clears legacy legal matters, and positions it for a new growth phase after returning to sustained profitability in FY23-26.

Governance Neutral

2026-09-07 20:16

CRITICAL RED FLAG DETECTED

- DICABS received letters from NSE/BSE for MPS non-compliance (July 1-28, 2026) and faced a ₹1,65,200 penalty from each exchange. - It rectified this via a QIP, increasing public shareholding to 25.97% from 15.98%. - The company is now compliant with the 25% MPS requirement.

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 Positive

2026-09-03 19:52

- Order Win: Diamond Power Infrastructure Limited won an order from a domestic private-sector EPC contractor. - Order Value: ₹64.46 Cr. (excluding GST) - Nature of Order: Supply of 66 kV Extra High Voltage (EHV) underground power cables for a 66 kV transmission project in Gujarat. - Completion Timeline: Deliveries at approximately 50 km per month from manufacturing clearance.

Governance Neutral

2026-09-03 14:38

- The 34th Annual General Meeting (AGM) of Diamond Power Infrastructure Limited will be held on Friday, September 25, 2026, at 03:30 p.m. through Video Conferencing/Other Audio-Visual Means. - The cut-off/record date for determining the eligibility of members for e-voting and attending the AGM is Friday, September 18, 2026.

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

2026-09-03 14:29

- Diamond Power Infrastructure Limited will host plant visits for institutional investors and analysts at its Vadodara Plant. - Meetings are scheduled for September 4, 2026, and September 7, 2026. - Participating investors include Nippon, Tata, Bandhan, Union Mutual Funds, and Lucky Securities.

Business Update Neutral

2026-09-02 17:56

- Diamond Power Infrastructure Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. - It details ESG policies and performance, highlighting sustainability initiatives. - Turnover: ₹1944.47 Cr; Net Worth: ₹(614.56) Cr (negative) for FY 2025-26. - No fines/penalties reported; all 10 shareholder complaints resolved.

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

2026-08-22 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

2026-08-21 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.

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 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.

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 20:25

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

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 17:45

- 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)

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 17:13

- 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.

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.

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 17:33

- 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.

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.

DIACABS

Diamond Power Infrastructure Limited

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