Diamond Power Infrastructure Limited
₹345.70+₹4.40 (+1.3%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹6,926 Cr
- P/E
- 118.0x
- EV / EBITDA
- 170.5x
- Revenue
- ₹1,115 Cr
- Net margin
- 5.0%
- ROCE
- -8.3%
Price chart
Technical chartScreen technicals →+126.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -2.4%
- 3M
- +5.1%
- 6M
- +119.2%
- 1Y
- +126.1%
- 5Y
- +2,665.6%
52-week range
Day change +₹4.40 (+1.3%) from ₹341 to ₹346 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in DIACABS, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Revenue grew 225.1% YoY
Concerns1
- Valuation elevated — PE of 118.0x is 104% above peer average of 57.8x
Rule-based from financial data. Not advice.
About the company
Diamond Power Infrastructure Limited manufactures and sells power transmission equipment. The company provides power cables that includes low voltage, high voltage, extra high voltage cables, control cables, fire-resistant and flame-retardant, medium voltage, instrumentation, communication, marine and offshore, single and multicore, solar DC and EV charging cables.
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Diamond Power Infrastructure Limited manufactures and sells power transmission equipment. The company provides power cables that includes low voltage, high voltage, extra high voltage cables, control cables, fire-resistant and flame-retardant, medium voltage, instrumentation, communication, marine and offshore, single and multicore, solar DC and EV charging cables. It also offers and transmission and distribution conductors, such as aluminium wire rods, alloy wire rods, aluminium conductors, aluminum alloy conductors, aluminium conductor steel and alloy reinforced, high temperature low sag conductors, specialty conductors for renewable evacuation lines, AL 59, railway overhead, copper rods and wires, traditional overhead, speciality wires, aluminium and alloy rod, new age overhead, MVC conductors; transmission towers; turnkey services. The company also offers its products through distributors in India, as well as exports its products and solutions under the Dicabs brand. In addition, its products are used in industries like infrastructure, oil and gas, transport, power, telecom, real estate, defense, chemicals, metals, technology, manufacturing, renewables, non-metals, cement, agriculture, data centers. The company was formerly known as Diamond Cables Limited. Diamond Power Infrastructure Limited was founded in 1970 and is headquartered in Ahmedabad, India.
- Sector
- Industrials
- Shares outstanding
- 52.5 Cr shares
- ISIN
- INE989C01038
- BSE code
- 522163
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹6,926 Cr
- P/E
- 118.0x
- P/B
- -9.7x
- EV / EBITDA
- 170.5x
- EV / Sales
- 21.4x
- P/S
- 20.2x
- Earnings yield
- 0.8%
- 52-week high
- ₹394.80
- 52-week low
- ₹118.20
Profitability
- Operating margin
- 12.5%
- Net margin
- 5.0%
- EBITDA margin
- 12.5%
- ROE
- -1.7%
- ROCE
- -8.3%
- ROA
- 1.1%
- Dividend payout
- 0.0%
- Tax rate
- -1.0%
- Other income, % of PBT
- 0.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,115 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 225.1%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -21.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹43.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 279.2%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 105.9%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹16.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -100.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.9%
Solvency and efficiency
- Current ratio
- 0.13
- Debt / Assets
- 0.30
- Debt / EBITDA
- 10.60
- Interest coverage
- 6.14
- Financial leverage
- -1.56
- CFO / Net profit
- 0.94
- Cash / Market cap
- 3.8%
- Cash per share
- ₹5.01
- Asset turnover
- 0.23
- Fixed asset turnover
- 0.32
- Capital intensity
- 3.08
- Debtor days
- 62 days
- Inventory turnover
- 2.07
- Cash conversion cycle
- 87 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹3 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹1,048 Cr |
| Sales | Operating profit | ₹67 Cr |
| Operating profit | Interest | ₹13 Cr |
| Operating profit | Depreciation | ₹20 Cr |
| Operating profit | Profit before tax | ₹34 Cr |
| Other income | Profit before tax | ₹1 Cr |
| Profit before tax | Net profit | ₹35 Cr |
Revenue and net profit
Revenue grew 225.1% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹0 Cr | -₹24 Cr |
| FY2022 | ₹0 Cr | -₹25 Cr |
| FY2023 | ₹15 Cr | -₹43 Cr |
| FY2024 | ₹343 Cr | ₹17 Cr |
| FY2025 | ₹1,115 Cr | ₹35 Cr |
Cash flows
FY2025: ₹81.0 Cr from operations, ₹9.00 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹4 Cr | ₹4 Cr |
| FY2022 | ₹9 Cr | ₹8 Cr |
| FY2023 | -₹1,953 Cr | -₹1,933 Cr |
| FY2024 | ₹16 Cr | -₹3 Cr |
| FY2025 | ₹81 Cr | ₹9 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,115 Cr+225.1%1Y
- Net profit
- ₹35 Cr+105.9%1Y
- Cash from operations
- ₹81 Cr
- Free cash flow
- ₹9 Cr
- Revenue CAGR, 5Y
- -21.2%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,115 Cr | ₹67 Cr | — | ₹35 Cr | ₹81 Cr | ₹9 Cr | -4.0% | +225.1% | +105.9% |
Monthly returns
Month-by-month returns of DIACABS across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,785 Cr |
| Equity capital | ₹53 Cr |
| Reserves | -₹931 Cr |
| Borrowings | ₹463 Cr |
| Other liabilities | ₹2,201 Cr |
| Assets | ₹1,785 Cr |
| Fixed assets | ₹1,168 Cr |
| Capital work in progress | ₹112 Cr |
| Investments | ₹3 Cr |
| Other assets | ₹503 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
DIACABS trades at 118.0x earnings against a peer median of 38.3x (a 208% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Diamond Power Infrastructure LimitedDIACABSthis companyP/E ↑ premium | ₹6,926 Cr | 118.0x | -9.7x | -1.7% | 170.5x |
| VOLTAMP TRANSFORMERS LIMITEDVOLTAMP | ₹7,249 Cr | 22.1x | 4.4x | 22.7% | 17.4x |
| Maharashtra Seamless Ltd.MAHSEAMLES | ₹6,988 Cr | 8.8x | 1.1x | 17.4% | 4.8x |
| LLOYDS ENGINEERING WORKS LIMITEDLLOYDSENGG | ₹6,970 Cr | 68.8x | 5.2x | 19.5% | 64.3x |
| Kirloskar Pneumatic Co.Ltd.KIRLPNU | ₹6,830 Cr | 35.8x | 6.0x | 14.4% | 30.9x |
| Fujiyama Power Systems LimitedUTLSOLAR | ₹6,662 Cr | 35.6x | — | 18.8% | 66.7x |
| AJAX Engineering LimitedAJAXENGG | ₹6,581 Cr | 26.2x | 5.3x | 24.5% | 20.7x |
| EPL LIMITEDEPL | ₹6,577 Cr | 28.2x | 6.1x | 18.6% | 20.5x |
| Mishra Dhatu Nigam LimitedMIDHANI | ₹6,393 Cr | 59.8x | 4.4x | 6.9% | 28.8x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
DIACABS since 1 January, against earlier years.
Historical volatility
DIACABS's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2022 | -5560.0% |
| FY2023 | -153.0% |
| FY2024 | 12.0% |
| FY2025 | 6.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,115 Cr |
| Costs | |
| Interest | ₹13 Cr |
| Expenses | ₹1,048 Cr |
| Operating profitOperating Profit | ₹67 Cr |
| Other income and charges | |
| Profit before tax | ₹35 Cr |
| Tax | |
| Net profitNet Profit | ₹35 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,785 Cr |
| Equity capitalEquity Capital | ₹53 Cr |
| Reserves | -₹931 Cr |
| Borrowings | ₹463 Cr |
| Other liabilitiesOther Liabilities | ₹2,201 Cr |
| AssetsTotal Assets | ₹1,785 Cr |
| Fixed assetsFixed Assets | ₹1,168 Cr |
| Capital work in progressCWIP | ₹112 Cr |
| Investments | ₹3 Cr |
| Other assetsOther Assets | ₹503 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹81 Cr |
| Investing cash flowCash from Investing Activity | -₹72 Cr |
| Financing cash flowCash from Financing Activity | -₹6 Cr |
| Change in cashNet Cash Flow | ₹3 Cr |
Learn while you research
Academy chapters picked for Diamond Power Infrastructure Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 118.0, learn when high multiples are justified.6 min read
- 04 Growth Investing225% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read