Diamond Power Infrastructure Secures ₹93.08 Crore Power Cables Order from KPI Green Energy

1 min read     Updated on 26 Feb 2026, 12:57 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Diamond Power Infrastructure Limited has received a Letter of Intent worth ₹93.08 crores from KPI Green Energy Limited for supply of power cables, to be executed by June 30, 2026. The company made regulatory disclosures to BSE and NSE under SEBI regulations, confirming this domestic contract has no related party transaction implications and is structured on kilometers rate basis with price variation formulae.

33636459

*this image is generated using AI for illustrative purposes only.

Diamond Power Infrastructure has secured a significant order from KPI Green Energy Limited, marking an important milestone in its business operations. The company announced receiving a Letter of Intent for a substantial power cables project and made the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The Letter of Intent encompasses a comprehensive power cables order with specific implementation requirements:

Parameter: Details
Order Value: ₹93.08 crores (inclusive of GST)
Exact Amount: ₹93,08,17,689
Client: KPI Green Energy Limited, EPC Contractor
Product Type: Power Cables
Implementation Deadline: June 30, 2026
Document Type: Letter of Intent
Nature of Contract: Kms rate basis with PV Formulae

Regulatory Compliance

Diamond Power Infrastructure has fulfilled its regulatory obligations by disclosing this material information to both BSE Limited (Scrip Code: 522163) and National Stock Exchange of India Limited (Scrip Symbol: DIACABS). The disclosure was made pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Transaction Details

The order represents a domestic contract with no related party transaction implications. The company has confirmed that none of the promoter, promoter group, or group companies have any interest in KPI Green Energy Limited. The contract is structured on a kilometers rate basis with price variation formulae, providing a framework for systematic execution.

Business Impact

This order represents a significant addition to Diamond Power Infrastructure's order book, demonstrating the company's capability to secure substantial contracts in the power infrastructure sector. The engagement with KPI Green Energy Limited, a prominent EPC contractor in the renewable energy space, highlights Diamond Power Infrastructure's positioning in serving the growing clean energy market.

The Letter of Intent provides a foundation for the formal contract execution and establishes the framework for the business relationship between the two companies. With the extended implementation timeline extending to June 30, 2026, Diamond Power Infrastructure has sufficient time to plan and execute the project efficiently while maintaining quality standards.

Historical Stock Returns for Diamond Power Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+2.83%+1.33%+13.85%-4.04%+47.84%+2,00,600.00%
Diamond Power Infrastructure
View Company Insights
View All News
like17
dislike

Diamond Power Infrastructure Releases Q3FY26 Investor Update with Strategic Roadmap

2 min read     Updated on 10 Feb 2026, 03:33 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Diamond Power Infrastructure issued detailed investor update for Q3FY26 results featuring exceptional 692% PAT growth and 335% EBITDA increase. The company highlighted breakthrough ECO Conductors technology with 550 KM order secured, comprehensive digital transformation roadmap with GT Bharat partnership, Environmental Product Declaration certification, and strategic position as CREDAI India's National Cable Partner for 2025-26.

32263397

*this image is generated using AI for illustrative purposes only.

Diamond Power Infrastructure Limited has released a comprehensive investor update for the third quarter and nine months ended December 31, 2025, following the exceptional financial results announced earlier. The company issued the investor update on February 15, 2026, to BSE Limited and National Stock Exchange of India Limited under Regulation 30, providing detailed insights into performance metrics and strategic initiatives ahead of upcoming investor calls.

Q3FY26 Financial Performance Highlights

The company delivered record-breaking consolidated financial results for the quarter ended December 31, 2025:

Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹47,408.06 lakh ₹30,742.37 lakh +54.20%
Total Income: ₹47,471.89 lakh ₹30,751.01 lakh +54.37%
Net Profit: ₹4,971.97 lakh ₹627.43 lakh +692.50%
Basic EPS: ₹0.94 ₹0.12 +683.33%
EBITDA: ₹6,976.00 lakh ₹1,603.00 lakh +335.00%

For the nine months ended December 31, 2025, the consolidated performance showed:

Parameter: Nine Months FY26 Nine Months FY25 Change (%)
Revenue: ₹1,21,423.64 lakh ₹78,158.42 lakh +55.34%
Net Profit: ₹9,755.45 lakh ₹2,683.35 lakh +263.60%
Basic EPS: ₹1.85 ₹0.51 +262.75%

Strategic Product Innovation and Market Expansion

The investor update highlighted the company's breakthrough ECO Conductors technology, which has achieved significant market validation. The company has secured a 550 KM order for this innovative product from a marquee Indian buyer, demonstrating immediate revenue visibility.

ECO Conductors Features: Benefits
Higher Ampacity: Superior performance vs conventional conductors
Thermal Stability: Lower sag at elevated temperatures
Grid Modernization: Renewable energy ready infrastructure
Market Position: Premium product with margin expansion potential

Digital Transformation Roadmap

Diamond Power Infrastructure has outlined an ambitious digital transformation program in partnership with Grant & Thornton (GT Bharat). The comprehensive digitalization initiative includes several key milestones:

Initiative: Target Completion
HRMS/CRM Implementation: March 31, 2026
Online Pricing System: June 30, 2026
Digital Procurement Process: June 30, 2026
Inventory Management Tracking: June 30, 2026

Environmental and Sustainability Credentials

The company has achieved Environmental Product Declaration (EPD) Certification for its MV Cables and AL-59 Transmission Conductors, meeting international sustainability standards. The certification covers the complete product lifecycle from raw material extraction to end-of-life recycling, positioning Diamond Power Infrastructure as a leader in sustainable cable manufacturing.

Strategic Partnerships and Market Presence

Diamond Power Infrastructure has established itself as the National Cable Partner for CREDAI India for 2025-26, strengthening its position in the infrastructure sector. The company maintains relationships with major certification agencies including TUV, ASTM, BASEC, and UL, ensuring global compliance and market access.

Regulatory Compliance and Governance

The investor update was issued under ISIN-INE989C01038, with the company trading under scrip code 522163 on BSE and symbol DIACABS on NSE. The financial results maintain compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Ernst and Young LLP serving as statutory auditors and Naresh and Co. providing limited review reports.

Historical Stock Returns for Diamond Power Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+2.83%+1.33%+13.85%-4.04%+47.84%+2,00,600.00%
Diamond Power Infrastructure
View Company Insights
View All News
like17
dislike

More News on Diamond Power Infrastructure

1 Year Returns:+47.84%