DIACABSCapital Goods

Diamond Power Infrastructure Limited

Other Electrical Equipment · ISIN INE989C01038 · BSE 522163 · NSE BE · FV ₹1
Last price
₹376
-4.74%today
What this company does

Diamond Power Infrastructure Limited operates in Other Electrical Equipment, part of the Capital Goods sector. It booked ₹690 cr of revenue in its latest quarter (Q1 FY27) and kept 8.5% of sales as profit. It is the 6th largest of 9 Other Electrical Equipment companies we track, by market value.

In the report:
38out of 100
Equitytale Health Score
Strained

Healthier than 38% of companies in Capital Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 109–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
64

At close. Not part of the score.

Profitability & returns41

How much profit it earns on the money it employs

Balance sheet35

How much it owes, and whether earnings cover the interest

Cash quality9

Whether reported profit actually arrives as cash

Valuation24

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 129% vs last year
Profit up 191% vs last year
Promoters hold 74%
No promoter shares pledged
Watch-outs
! Operating cash flow is negative

What if I invest in DIACABS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹376 -4.74%
latest close · 2026-09-17
52-wk low ₹24742 sessions so far52-wk high ₹404
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio84.7High
LowAverageHigh
EV / EBITDA65.9High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on capital15.4%Strong
WeakFairStrong
Net margin8.5%Decent
ThinDecentStrong
EBITDA margin12.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Interest cover5.1×Strong
RiskyOkayStrong ▸5×
Current ratio2.04Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹19,817 cr
Book value
₹-11
EPS
₹1.11
latest quarter
Net debt
₹2,494 cr
owes more than its cash
Enterprise value
₹22,311 cr
EBITDA
₹339 cr
annualised
EBIT
₹292 cr
annualised
Operating margin
10.6%
Return on assets
9.7%
Earnings yield
1.18%
P/S
7.18
Sales / share
₹52.4
Tax rate
0.4%
Face value
₹1
Shares
52.7 cr
Working capital
₹535 cr
Current assets
₹1,049 cr
Current liabilities
₹514 cr
Delivery %
41.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹22₹22, midpoint ₹22

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹690 cr
Other Income₹8 cr
Total Income₹698 cr
Cost of Materials₹600 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-33 cr
Employee Benefit Expense₹8 cr
Finance Costs₹14 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹37 cr
Total Expenses₹639 cr
Profit before Tax₹59 cr
Tax Expense₹24.6 L
Net Profit₹58 cr
Net margin on total income8.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹568 cr81.4%
Employee benefit expense₹8 cr1.2%
Finance costs₹14 cr2.0%
Depreciation & amortisation₹12 cr1.7%
Other expenses₹37 cr5.3%
Tax expense₹24.6 L0.0%
Profit for the period₹58 cr8.4%
Total income ₹698 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue474 cr696 cr690 cr
Total income475 cr703 cr698 cr
Expenses424 cr641 cr639 cr
Profit before tax51 cr62 cr59 cr
Tax1 cr2 cr24.6 L
Net profit (owners' share)50 cr61 cr58 cr
Net margin (owners' share, on revenue)10.5%8.7%8.5%
EPS (₹)0.941.151.11
YoY (latest quarter): total income +131.0% · net profit +190.7%
Balance sheet & cash flow · as of Mar 2026
Total assets
₹2,404 cr
Shareholder equity
₹-604 cr
parent shareholders
Total debt
₹2,530 cr
Cash
₹36 cr
Cash flow · H1 FY26
Operating
₹-205 cr
Investing
₹-27 cr
Financing
₹250 cr
Peer comparison
Other Electrical Equipment · by market value
CompanyPriceMarket capP/E
Apar Industries Limited₹17,801₹71,507 cr38.2
Waaree Energies Limited₹2,473₹71,136 cr20.9
Premier Energies Limited₹880₹39,948 cr21.1
Emmvee Photovoltaic Power Limited₹326₹22,536 cr14.8
Mtar Technologies Limited₹7,060₹21,716 cr108.1
Diamond Power Infrastructure Limitedthis company₹376₹19,817 cr84.7
Avalon Technologies Limited₹2,230₹14,899 cr106.8
Fujiyama Power Systems Limited₹409₹12,551 cr54.4
Waaree Renewable Technologies Limited₹811₹8,463 cr18.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 26 Sep 2013
ActionDetailEx-date
Stock splitStock Split From Rs.10/- to Rs.1/-3 Dec 2024
Dividend₹1 / share26 Sep 2013
Bonus issue3:126 Aug 2013
Dividend₹4 / share17 Sep 2012
Who owns it · 2026-08-21
No pledge
Promoter
74.0%
FII / Foreign
4.6%
DII / Domestic
10.9%
Retail / others
10.4%
Promoter stake up 73.5% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSasidharan Uralikandiyilkurup · Employees/Designated Employees73,860 · ₹84.1 L25 Jun 25
BoughtSasidharan Uralikandiyilkurup · Employees/Designated Employees73,860 · ₹76.4 L20 Jun 25
SoldMonarch Infraparks Private Limited · Promoters1.57 cr · ₹164.0 cr5 Jun 25
Bulk / block deals
short · NSE40026 Aug 26
short · NSE20125 Aug 26
short · NSE1020 Aug 26
Stake changes
SoldMonarch Infraparks Private Limited · promoter→ 7.85% · 1.57 cr6 Jun 25
SoldGSEC Ltd · promoter→ 29.68% · 1.57 cr6 Jun 25
SoldMonarch Infraparks Private Ltd · promoter→ 10.84% · 12.86 L30 May 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 18 Mar 2026
See the official result
1
To approve Material Related Party Transactions with GSEC Limited, Promoter Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
32.64 L votes for, 11,180 against · 0% of mutual funds and other big investors said no
2
To approve Material Related Party Transactions with Monarch Infraparks Private Limited, Promoter Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
32.64 L votes for, 11,200 against · 0% of mutual funds and other big investors said no
3
To approve power of borrowing under section 180(1) (c) of the Companies Act, 2013 not exceeding Rs. 4,000 crore
Backed by 79% of shareholders other than promotersneeded 75%
25.91 L votes for, 6.85 L against · 62% of mutual funds and other big investors said no
4
To consider and approve for Creation/Modification of charges, mortgages, hypothecation on the immovable and movable properties of the Company under section 180 (1) (a) of the Companies Act, 2013 not exceeding Rs. 4,000 crore
Backed by 79% of shareholders other than promotersneeded 75%
25.92 L votes for, 6.84 L against · 62% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 74.0% between them · as of 2026-08-21
G S E C LIMITED26.15%
HIMANSHU JAYANTILAL SHAH13.38%
MONARCH INFRAPARKS PRIVATE LIMITED6.92%
RAKESH RAMANLAL SHAH5.85%
SHAISHAV RAKESHBHAI SHAH5.02%
BANKIM JAYANTILAL SHAH3.34%
BELA HIMANSHU SHAH3.34%
KINNARI VAIBHAV SHAH3.34%
Business done with them
FY2025 · 2 of the group
The company paid ₹76 cr to companies in the promoter group last year — about 6.8% of its ₹1,115 cr revenue.
GSEC LIMITED
Bought goods from them · Purchase of goods, Interest and Unsecured Loan
also owns 26.15% of the company
₹60 cr
company paid
GSEC LIMITED
Other payments to them · Purchase of goods, Interest and Unsecured Loan
also owns 26.15% of the company
₹10 cr
company paid
MONARCH INFRAPARKS PRIVATE LIMITED
Other payments to them · Interest and Unsecured Loan
also owns 6.92% of the company
₹6 cr
company paid

The company also transacted with 14 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.