| Management target | Revenue FY27 |
|---|
| Revenue growth | 135% YoY to ₹1,032 cr |
|---|---|
| Margins | EBITDA margin 12.9%, up 241 bps YoY; contribution margin down 179 bps |
| Order book | Sep-26 ₹3,735 cr; inflow running ahead of execution |
| Demand visibility | Order book ₹3,735 cr; ~670 customers; orders replenished faster |
| Management confidence | High; FY27 guidance reiterated, H2 ~₹2,580 cr |
Growth
Q2 revenue +135% YoY to ₹1,032 cr; EBITDA +189% to ₹133 cr; PAT +289% to ₹108 cr. H1 revenue ₹1,722 cr (+133%).
Outlook
FY27 guidance ~₹4,300 cr revenue, FY28 ₹7,500 cr, FY29 ₹10,000 cr. 6th CCV line due Dec 2027; polymer complex ₹170 cr.
Risks
Contribution margin fell 179 bps to 16.9% on higher LME aluminium. Adani group exposure is capped at 20–22%. Figures unaudited.
Last quarter's promises, checked
Delivered
- Guided EBITDA margin 11–13% → 12.9% (= BEAT)
- Guided opex 6% → 5.7% (= BEAT)
- Guided no borrowing needed → zero term debt (= BEAT)
Partly delivered
- Guided ₹205 cr capex → ₹33 cr spent (= PARTIAL)
- Guided Adani 40%+ → 20% by year-end → 20–22% (= PARTIAL)
- Guided ₹275–325 cr/mo order inflow → net +₹47 cr, gross not disclosed (= PARTIAL)
Missed
- Guided Q1 revenue ₹700 cr, claimed met → ₹690 cr (= MISS)
- Guided gross-margin headwind to ease → contribution margin −179 bps to 16.9% (= MISS, basis unclear)
Investor Presentation filed with NSE, NSE: DIACABS. Summary written with AI assistance from the document.
Diamond Power Infrastructure Ltd: key numbers
- Share price
- ₹367.50
- Market cap
- ₹21,979 Cr
- Revenue (annual)
- ₹1,910 Cr
- Net profit (annual)
- ₹158.2 Cr
- P/E (TTM)
- 111.8×Sector 42.1×
- 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 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.
Diamond Power Infrastructure Other Announcement
Diamond Power Infrastructure Limited submitted the Regulation 74(5) certificate for the quarter ended September 30, 2026, confirming compliance with SEBI dematerialization requirements.