| Management target | Revenue FY27 |
|---|
| Revenue growth | 135% YoY to ₹1,032 Cr; volume-led growth exceeding 60%. |
|---|---|
| Margins | EBITDA margins expanded 240 bps to 12.9% via operating leverage. |
| Order book | ₹3,735 Cr as of Sept 30; book-to-bill at 1.29x. |
| Demand visibility | Strong visibility from grid build-out, renewables, and data centers. |
| Management confidence | Extremely bullish; focusing on transition to EHV and specialized segments. |
Growth
Revenue grew 135% YoY to ₹1,032 Cr, primarily volume-driven (60-70%) despite metal price inflation masking real gains.
Outlook
Management maintained FY27 revenue guidance of ₹4,300–4,500 Cr; targeting ₹10,000 Cr top-line in 3-4 years.
Risks
Heavy dependence on Adani Group (43% of order book) and execution risk of complex EHV polymer plant.
Last quarter's promises, checked
Delivered
- EBITDA margin guided 11–13% → 12.9% (= BEAT)
Partly delivered
- FY27 revenue ₹4,300–4,500 Cr → maintained; current qtr ₹1,032 Cr (= PARTIAL)
- Order inflow ₹275–325 Cr/mo → book ₹3,688 Cr (Aug 11) to ₹3,735 Cr (Sep 30); gross inflow undisclosed (= PARTIAL)
- FY28 ₹7,500 Cr → ₹10,000 Cr in 3–4 yrs (= PARTIAL, re-based)
Missed
- Adani ≤20% of book by FY27-end, from 40%+ → 43% (= MISS)
- Q1 internal target ₹700 Cr → ₹690 Cr, claimed met (= MISS)
Earnings Call Transcript filed with NSE, NSE: DIACABS. Summary written with AI assistance from the document.
Diamond Power Infrastructure Ltd: key numbers
- Share price
- ₹385.85
- Market cap
- ₹23,077 Cr
- Revenue (annual)
- ₹1,910 Cr
- Net profit (annual)
- ₹158.2 Cr
- P/E (TTM)
- 83.4×Sector 43.1×
- Promoter holding
- 74.03%-9.99% QoQ
- FII holding
- 4.14%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Diamond Power Infrastructure Ltd
All →Diamond Power Infrastructure Other Announcement
Diamond Power Infrastructure filed its quarterly Monitoring Agency Report for the QIP (₹1,613.97 Cr) confirming all proceeds utilised as per the offer document with no material deviation. The filing is a routine Reg 32(6)/Reg 173A compliance certificate.
Diamond Power Infrastructure Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹1,032 cr (+135% YoY), EBITDA ₹133 cr (12.9% margin), PAT ₹108 cr (3.9x). QIP-funded expansion; net cash ₹572 cr.
Diamond Power Infrastructure Q2 FY27 Results: Net Profit ₹107.9 Cr, Up 349.6% YoY
Diamond Power Infrastructure Ltd reported revenue from operations of ₹1,032 Cr (+135.4% YoY) and net profit of ₹107.9 Cr (+349.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹107.9 Cr · +349.6% YoY
Diamond Power Infrastructure Board Meeting Date
Diamond Power scheduled a board meeting for 3 November 2026 to consider unaudited quarterly results. Trading window stays closed until 48 hours after declaration.
Diamond Power Infrastructure Capacity Expansion: ₹25 Cr Investment
DICABS will add a CCV line for 132 kV cables at its Vadodara plant at Rs 25 crore cost. Commissioning targeted by December 2027 via internal accruals.
- Value
- ₹25.00 Cr
- Execution
- Commissioning by December 31, 2027
- CCV line for cables up to 132 kV
- 1 CCV lines
Diamond Power Infrastructure Management Change
Diamond Power Infrastructure Ltd appointed Kundip S. Thakker as CFO and KMP. Pawan Lohiya has been re-designated as Deputy CFO, effective October 20, 2026.