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Earnings Call

Diamond Power Infrastructure Earnings Call: Key Takeaways

DICABS delivered a turnaround in FY26, with Revenue reaching ₹1,91,010 Lakhs (up 71% YoY) and PAT hitting ₹15,817 Lakhs (up 355% YoY). Strategy focuses on high-margin EHV/MV cables and backward integration.

Why this was an Alfa AlertNot a filter event. While growth is robust, management did not state results beat prior numerical guidance.
Highlights
Revenue growthFY26 up 71% YoY; Q4 up 108% YoY.
MarginsEBITDA margin improved from 6.1% to 12.1% in FY26.
Order book₹3498 Cr+ outstanding order position.
Demand visibilityStrong; fueled by renewables, data centers, and railways.
Management confidenceHigh; citing India's power infrastructure supercycle.

Growth

FY26 Revenue up 71%, EBITDA up 243%, and PAT up 355% YoY. Q4FY26 revenue surged 108% YoY.

Outlook

Targeting 3X utilization in 3 years; potential FY revenue of ₹14,150 Cr at full capacity.

Risks

Commodity price volatility (metals/polymers) and reliance on key approvals for utility projects.

Source

Earnings Call filed with NSE, NSE: DIACABS. Summary written with AI assistance from the document.

Read the document ↗

Diamond Power Infrastructure Ltd: key numbers

Share price
₹354.50
Market cap
₹21,202 Cr
Revenue (annual)
₹1,910 Cr
Net profit (annual)
₹158.2 Cr
P/E (TTM)
107.9×Sector 45.9×
Promoter holding
74.03%-9.99% QoQ
FII holding
4.56%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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19:39 IST NSE
Annual General Meeting

Diamond Power Infrastructure Annual General Meeting

Diamond Power Infrastructure Limited successfully conducted its 34th Annual General Meeting on September 25, 2026, where shareholders transacted various ordinary and special business items.

13:36 IST BSE
New Order Win

Diamond Power Infrastructure Bags ₹116.5 Cr Order from Polite Powertech Limited, Surat – for PGVCL and UGVCL underground...

Diamond Power Infrastructure received a ₹116.49 crore order from Polite Powertech for 11kV power cables for PGVCL/UGVCL projects. The scope covers ~655 km of cables in Gujarat.

Value
₹116.5 Cr
From
Polite Powertech Limited, Surat (EPC contractor) – for PGVCL and UGVCL underground cabling projects
Execution
In lots, as per manufacturing clearances issued by the customer (base months Feb/Apr/Jul 2026)
12:58 IST NSE
New Order Win

Diamond Power Infrastructure Bags ₹263.2 Cr Order from Domestic EPC contractor

DICABS received a ₹263.25 crore order from a domestic EPC contractor for MV/LV cables and conductors for an MSEDCL urban power project in Bhandup, Maharashtra.

Value
₹263.2 Cr
From
Domestic EPC contractor (end client: MSEDCL)
10:58 IST NSE
New Order Win

Diamond Power Infrastructure Bags ₹179.4 Cr Order from Adani Electricity Mumbai Limited

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Value
₹179.4 Cr
From
Adani Electricity Mumbai Limited
Execution
Deliveries at ~50 km per month from manufacturing clearance (implied ~17 months for 871 kms)
10:42 IST BSE
Insolvency Petition

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Diamond Power exits NCLT resolution framework a year early, prepaying ₹2,401 crore in full. Company is now credit-ratable with all assets free for bank financing.

Value
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Value
₹0.03 Cr