Diamond Power Infrastructure
137.09
+4.27(+3.21%)
Market Cap₹7,224.25 Cr
PE Ratio66.40
IndustryCables
Company Performance:
1D+3.21%
1M+1.71%
6M-3.60%
1Y+55.75%
5Y+1,95,742.86%
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More news about Diamond Power Infrastructure
30Mar 26
Diamond Power Infrastructure Secures Rs 43.94 Crore Cable Supply Order from Uttar Gujarat Vij Company
Diamond Power Infrastructure Limited has secured a letter of intent from Uttar Gujarat Vij Company Limited for supplying 453 km of cables worth Rs 43,93,97,438 inclusive of GST. The order will be executed within 7 months through equal monthly deliveries, with a 45-day commencement period. The company has confirmed no promoter interest in the awarding entity and that the transaction doesn't constitute a related party transaction.
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30Mar 26
Diamond Power Infrastructure Wins Rs 44 Crore Order
Diamond Power Infrastructure Limited has won a new order valued at Rs 44 crore, representing a significant addition to the company's order book. This contract win demonstrates the company's competitive positioning and strengthens its revenue pipeline, reflecting positively on its business execution capabilities and market presence.
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19Mar 26
Diamond Power Infrastructure Limited Announces Postal Ballot Results with Approval for Rs. 4,000 Crore Borrowing Powers
Diamond Power Infrastructure Limited successfully concluded its postal ballot process with shareholders approving all four resolutions on March 19, 2026. The company received overwhelming support for material related party transactions with GSEC Limited and Monarch Infraparks Private Limited (99.66% approval each), and special resolutions for borrowing powers and charges creation up to Rs. 4,000 crore each (99.85% approval). The e-voting process was conducted from February 17 to March 18, 2026, with 52,343 total shareholders eligible to vote.
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12Mar 26
Diamond Power Infrastructure Receives ₹31.51 Crore Order from Tata Power Renewable
Diamond Power Infrastructure Limited has secured a ₹31.51 crore order from Tata Power Renewable Energy Limited for supply of 869 km AL-59 Eco Conductors. The order, disclosed under SEBI regulations, has a completion timeline of 4 months and strengthens the company's position in renewable energy infrastructure, adding to its track record of supplying over 18,000 km of conductors in the last two years.
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07Mar 26
Diamond Power Infrastructure Reports Strong Q3FY26 Results with Revenue of ₹47,408 Lacs
Diamond Power Infrastructure Limited reported strong Q3FY26 results with revenue of ₹47,408 lacs, representing significant growth from previous periods. The company achieved exceptional EBITDA growth of 52% QoQ and 335% YoY to ₹6,976 lacs with improved margins of 14.7%. Net profit surged by 79% QoQ and 692% YoY to ₹4,972 lacs, demonstrating robust operational performance. The company continues to expand its manufacturing capabilities and has secured strategic partnerships including becoming National Cable Partner for CREDAI India 2025-26.
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26Feb 26
Diamond Power Infrastructure Secures ₹93.08 Crore Power Cables Order from KPI Green Energy
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.
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15Feb 26
Diamond Power Infrastructure Releases Q3FY26 Investor Update with Strategic Roadmap
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.
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28Jan 26
Diamond Power Infrastructure Limited Receives NSE Cautionary Email on Annual Secretarial Compliance Report for FY25
Diamond Power Infrastructure Limited received a cautionary email from NSE on January 27, 2026, regarding observations in its Annual Secretarial Compliance Report for FY ended March 31, 2025. The company disclosed this under Regulation 30 of SEBI Listing Regulations, stating no financial impact is expected. The company has committed to taking corrective measures and ensuring future compliance with SEBI regulations to avoid recurrence of such lapses.
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05Jan 26
Diamond Power Infrastructure Secures ₹72.51 Crore Power Cable Order from Larsen & Toubro
Diamond Power Infrastructure Ltd has secured a Letter of Intent from Larsen & Toubro for power cables worth ₹72.51 crores, with execution scheduled between January 6, 2026, and September 30, 2026. This nine-month contract strengthens the company's order book and demonstrates its capabilities in securing business from major engineering firms in India's infrastructure sector.
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27Dec 25
Diamond Power Infrastructure bags ₹66 crore power cable supply order
Diamond Power Infrastructure Limited has won a significant ₹66.18 crore power cable supply order from Hild Projects Private Limited, to be executed over six months from January to June 2026. The contract operates on a kilometre-rate basis with price variation formula and maintains regulatory compliance as a non-related party transaction. Despite this positive development, the company's shares ended 0.78% lower at ₹140, though the order strengthens its position in the power infrastructure sector.
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18Dec 25
Diamond Power Infrastructure Shareholders Approve Rs 1,000 Crore QIP Fundraising
Diamond Power Infrastructure Limited successfully obtained shareholder approval for its Rs 1,000 crore QIP fundraising proposal through postal ballot results announced on December 18, 2025. The voting showed overwhelming support with 4,49,213,252 votes in favor against only 1,673 opposing votes, representing virtually 100% approval from participating shareholders across promoter and institutional categories.
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17Dec 25
Diamond Power Infrastructure Secures ₹55.54 Crore Power Cable Supply Contract
Diamond Power Infrastructure has received a letter of intent from Bondada Engineering Limited for supplying power cables worth ₹55.54 crores (excluding GST). The contract, set to run from January 1, 2026, to July 31, 2026, is based on a per-kilometer rate with PV formulae. The company confirmed this is not a related party transaction, as there's no interest from promoters or group companies in Bondada Engineering Limited.
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16Dec 25
Diamond Power Infrastructure Wins ₹57.58 Cr Cable Order from Rajesh Power Services
Diamond Power Infrastructure Limited has received a letter of intent from Rajesh Power Services Limited for supplying 11KV cables worth ₹57.58 crores. The order involves 11KV (E) 3C 300 sq mm XLPE Aluminum Armored Cable meeting UGVCL Robust 2.0 specifications. The execution period is from January 1, 2026 to June 30, 2026, with pricing on a per kilometer rate basis including a price variation formula. The company confirmed no related party interests in this transaction.
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11Dec 25
Diamond Power Infrastructure Secures ₹75.14 Crore Cable Supply Order from Amara Raja Infra
Diamond Power Infrastructure Limited has secured a ₹75.14 crore order from Amara Raja Infra Private Limited for supplying HT and LT cables. The contract includes 110 km of 19/33 kV cables and 456 km of 1.9/3.3 kV cables, scheduled for execution between January-March 2026. The order is structured on a per-kilometer rate basis with PV formulae and represents a significant addition to the company's order book.
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04Dec 25
Diamond Power Infrastructure Secures Rs 747.64 Crore Cable Supply Order from Adani Green Energy
Diamond Power Infrastructure Limited has received a letter of intent from Adani Green Energy Limited for a cable supply contract worth Rs 747.64 crore (excluding GST). The order includes supplying 2,126 km of 33KV HV Cables and 3,539 km of 3.3KV Solar MV Cables for projects in Khavda and Rajasthan. The execution timeline is set from January 2026 to December 2026, with pricing based on a per km rate with PV formulae. This order is expected to boost the company's revenue, provide long-term visibility, and strengthen its position in the renewable energy infrastructure sector.
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11Nov 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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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