Diamond Power Infrastructure
141.10
-1.36(-0.95%)
Market Cap₹7,435.56 Cr
PE Ratio121.62
IndustryCables
Company Performance:
1D-0.95%
1M+0.25%
6M+28.39%
1Y-7.66%
5Y+1,17,483.34%
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More news about Diamond Power Infrastructure
10Nov 25
Diamond Power Infrastructure Reports Strong Q2 Results, Approves Rs 1,000 Crore QIP Fundraising
Diamond Power Infrastructure Limited reported a significant increase in consolidated net profit for Q2 FY2026, rising to Rs 2,772.78 lakh from Rs 400.14 lakh year-over-year. The board approved raising up to Rs 1,000.00 crore through a Qualified Institutions Placement (QIP) and issued a Rs 173.00 crore corporate guarantee for a subsidiary's term loan. Auditors issued qualified opinions due to an ongoing update of the company's property, plant and equipment register.
30Sept 25
Diamond Power Infrastructure Expands Aluminium Rod Production with New Mill
Diamond Power Infrastructure Limited (DPIL) has started commercial production at its second fully-integrated Aluminium Rod Mill in Vadodara. The new facility, operated by DPIL's subsidiary DICABS NextGen, has a monthly capacity of 2,500 MT for Next Generation AL 59 Wire Rods. DPIL invested Rs. 20 crores in this expansion, increasing its total Wire Rod capacity to 73,200 MT per annum. The company now operates three rod mills with a combined monthly capacity of 6,100 MT, strengthening its position in the power transmission sector.
15Sept 25
Diamond Power Infrastructure Secures ₹236.71 Crore Contract from Adani Energy Solutions
Diamond Power Infrastructure Ltd has been awarded a contract worth ₹236.71 crore by Adani Energy Solutions for the supply of 5,403 km of Al-59 Zebra Conductor. The project is set to commence immediately and has a completion deadline of June 30, 2026. This significant order is expected to boost the company's order book and potentially enhance its market position in the power infrastructure sector.
13Sept 25
Diamond Power Infrastructure Secures Rs 237 Crore Contract from Adani Energy Solutions
Diamond Power Infrastructure Limited (DPIL) has received a letter of intent from Adani Energy Solutions Limited for supplying 5,403 KM of AL-59 Zebra Conductor for the Jamnagar Project. The contract is valued at Rs 236.71 crore (including tax) and is to be executed by June 30, 2026. The order is based on a kilometers rate with a Price Variation formula. DPIL confirmed no related party transactions or interests between the companies.
08Sept 25
Diamond Power Infrastructure Secures Rs 185 Crore Contract from Adani Energy Solutions
Diamond Power Infrastructure Limited (DPIL) has received a letter of intent from Adani Energy Solutions Limited for a Rs 184.66 crore contract. The project involves supplying 4,215 KM of AL-59 Zebra Conductor for the Khavda IV-D Project, with an execution deadline of May 31, 2026. This order is expected to boost DPIL's annual revenue by approximately 20%. The contract was awarded on a 'Kms rate basis with PV Formulae,' indicating a flexible pricing structure.
13Jun 25
Diamond Power Infra Secures ₹116.71 Crore Order, Boosts Order Book to ₹1,554.08 Crore
Diamond Power Infrastructure Limited has secured a new order worth ₹116.71 crore, increasing its total order book to ₹1,554.08 crore. This development indicates strong demand for the company's products and services in the infrastructure sector. The expanded order book suggests stable revenue streams, improved cash flow visibility, and enhanced capacity utilization for the company in the near to medium term.
04Jun 25
Diamond Power Infrastructure Promoters Announce Stake Sale via Offer for Sale
Diamond Power Infrastructure Ltd's promoters, Monarch Infraparks and GSEC Ltd, have announced an offer for sale (OFS) of up to 3.15 crore equity shares, representing 5.98% of the company's total equity. The base offer is 3.99% with an oversubscription option to reach 5.98%. The floor price is set at Rs 95.00 per share. The OFS will occur over two days, with non-retail investors participating on June 5 and retail investors on the following day.
30May 25
Diamond Power Infrastructure Reports Q4 Results and Announces Strategic Partnership
Diamond Power Infrastructure Ltd. reported a 149.25% YoY increase in Q4 revenue to ₹3.34 billion. However, EBITDA declined by 23.47% to ₹137.60 million, with EBITDA margin dropping to 4.12%. Net profit decreased 46.81% YoY to ₹76.60 million. The company announced a strategic partnership with TS Conductors, USA, to manufacture high-performance transmission conductors, potentially expanding its product portfolio and technological capabilities.
30Apr 25
Diamond Power Infrastructure Secures ₹71.4 Crore Order from Adani Electricity Mumbai
Diamond Power Infrastructure Limited (DPIL) has received a ₹71.4 crore order from Adani Electricity Mumbai Limited (AEML) for supplying LT Cables. The order is to be executed by March 2026 for AEML's Mumbai Distribution Business project. DPIL, recently acquired by GSEC-Monarch Group through NCLT, is in the process of recommissioning its production facility by September 2025. The company reported a consolidated turnover of ₹343 crore for FY 2023-24 and has outstanding borrowings of ₹2,185.27 crore as of March 31, 2025.
29Apr 25
Diamond Power Infrastructure Secures Orders Worth ₹230 Crore, Boosting Business Prospects
Diamond Power Infrastructure Limited (DPIL) has received two major orders totaling ₹230.27 crore. The first order, worth ₹150.99 crore, is from Rajesh Power Services Limited for a DGVCL project. The second order, valued at ₹79.28 crore, is from Adani Electricity Mumbai Limited for power cable supply. The AEML order is set to be executed by March 2026. These orders significantly boost DPIL's business prospects, considering its FY 2023-24 consolidated turnover of ₹343.00 crore.
28Apr 25
Diamond Power Infrastructure Secures Orders Worth ₹2.3 Billion, Boosting Project Pipeline
Diamond Power Infrastructure Limited (DPIL) has received two major orders totaling ₹2.30 billion. The first order, worth ₹1.51 billion, is from Rajesh Power Services Limited for a project under Dakshin Gujarat Vij Company Limited. The second order, valued at ₹792.78 million, is from Adani Electricity Mumbai Limited for power cable supply. These orders represent about 67.13% of DPIL's FY 2023-24 consolidated turnover of ₹343.00 crore. The company is currently recommissioning its production facility, expected to be completed by September 2025.
24Mar 25
Diamond Power Infrastructure Secures ₹215 Crore Order from Adani Green Energy, Stock Hits Upper Circuit
Diamond Power Infrastructure Limited (DPIL) has received a ₹214.65 crore order from Adani Green Energy Limited for supplying conductors to the Khavda Power Project in Gujarat. The order includes 360.53 km of 33kV HT cables for solar projects, 451 km of 3.3kV LT cables for solar projects, and 643 km of 33kV HT cables for wind projects, totaling 1,454.53 km. The order is to be executed by January 2026. DPIL's stock hit the 5% upper circuit following the announcement, reaching ₹99.00 per share. This order comes after a recent ₹175.00 crore contract from Associated Power Structures Limited. DPIL, acquired through NCLT by GSEC-Monarch Group, is recommissioning its production facility, expected to be completed by September 2025.
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