Danish Power Ltd
Founded in July 1985, Danish Power Limited manufactures various types of transformers, including inverter duty transformers for use in renewable power projects such as solar power plants and wind farms. [1]
- Market Cap ₹ 1,720 Cr.
- Current Price ₹ 874
- High / Low ₹ 1,095 / 550
- Stock P/E 24.6
- Book Value ₹ 232
- Dividend Yield 0.00 %
- ROCE 23.8 %
- ROE 18.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 103% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
Cons
- Working capital days have increased from 95.2 days to 150 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 118 | 102 | 118 | 149 | 188 | 332 | 425 | 521 | |
| 110 | 98 | 113 | 138 | 172 | 277 | 344 | 430 | |
| Operating Profit | 8 | 4 | 4 | 10 | 16 | 55 | 81 | 90 |
| OPM % | 7% | 4% | 4% | 7% | 9% | 17% | 19% | 17% |
| 2 | 1 | 1 | 1 | 1 | 2 | 8 | 9 | |
| Interest | 3 | 2 | 2 | 3 | 3 | 4 | 6 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 7 |
| Profit before tax | 6 | 2 | 3 | 8 | 12 | 50 | 79 | 91 |
| Tax % | 30% | 23% | 25% | 27% | 27% | 25% | 26% | 23% |
| 4 | 2 | 2 | 6 | 9 | 38 | 58 | 70 | |
| EPS in Rs | 29.63 | 35.55 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 40% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 103% |
| 3 Years: | 101% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 25% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 20 | 20 |
| Reserves | 25 | 27 | 29 | 34 | 42 | 81 | 301 | 436 |
| 16 | 11 | 23 | 28 | 14 | 13 | 4 | 2 | |
| 30 | 25 | 26 | 52 | 50 | 67 | 91 | 108 | |
| Total Liabilities | 73 | 65 | 79 | 116 | 108 | 163 | 416 | 566 |
| 7 | 7 | 17 | 16 | 30 | 35 | 34 | 178 | |
| CWIP | 0 | 0 | 0 | 7 | 1 | 0 | 13 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 31 | 31 |
| 66 | 58 | 63 | 94 | 77 | 127 | 339 | 343 | |
| Total Assets | 73 | 65 | 79 | 116 | 108 | 163 | 416 | 566 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -32 | 4 | 2 | 7 | 17 | 26 | -20 | 47 | |
| 0 | -1 | -10 | -7 | -11 | -7 | -40 | -73 | |
| -3 | -3 | 6 | 2 | -6 | -4 | 165 | -7 | |
| Net Cash Flow | -35 | -0 | -1 | 1 | -0 | 14 | 105 | -33 |
| Free Cash Flow | -33 | 3 | -8 | -0 | 6 | 18 | -36 | -27 |
| CFO/OP | -352% | 118% | 69% | 69% | 116% | 52% | -9% | 73% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 77 | 106 | 129 | 52 | 46 | 81 | 78 |
| Inventory Days | 93 | 111 | 68 | 92 | 91 | 73 | 108 | 88 |
| Days Payable | 98 | 92 | 79 | 121 | 83 | 44 | 46 | 39 |
| Cash Conversion Cycle | 91 | 96 | 96 | 100 | 60 | 75 | 142 | 127 |
| Working Capital Days | 50 | 57 | 56 | 51 | 35 | 37 | 99 | 150 |
| ROCE % | 10% | 9% | 18% | 25% | 70% | 40% | 24% |
Insights
In beta| Mar 2011 | Mar 2014 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Capacity Utilization % |
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| Export Revenue Share % |
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| Installed Transformer Manufacturing Capacity MVA |
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| Number of Countries Exported To count |
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| Transformer Production Volume MVA |
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| Confirmed Order Book INR Crore |
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| Transformer Segment Revenue Share % |
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| Total Employee Count count |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 July 2026 - MUFG Intime confirms Regulation 74(5) compliance for dematerialisation during quarter ended 30 June 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
7 July 2026 - Danish Power Limited has informed about Schedule of meet
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Reply to Clarification- Financial results
25 June 2026 - Danish Power reported H1 FY26 standalone profit of Rs 29.31 crore and consolidated profit of Rs 29.02 crore.
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Analysts/Institutional Investor Meet/Con. Call Updates
20 June 2026 - Outcome of investor meetings and plant visit on 17-18 June 2026; no UPSI discussed.
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Analysts/Institutional Investor Meet/Con. Call Updates
11 June 2026 - Danish Power Limited has informed about Schedule of meet on 17.06.2026 and 18.06.2026.
Concalls
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May 2026TranscriptPPTREC
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Nov 2025Transcript PPT
Business Profile[1]
Danish Power Limited specializes in manufacturing power and distribution transformers. The company serves industries including renewable energy, commercial power plants, and utilities.