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 ₹ 1,651 Cr.
- Current Price ₹ 838
- High / Low ₹ 1,189 / 550
- Stock P/E 24.7
- Book Value ₹ 176
- Dividend Yield 0.00 %
- ROCE 40.2 %
- ROE 28.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 100% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 59.7 to 80.8 days.
- Working capital days have increased from 57.1 days to 98.6 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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 118 | 102 | 118 | 149 | 188 | 332 | 425 | 473 | |
| 110 | 98 | 113 | 138 | 172 | 277 | 344 | 385 | |
| Operating Profit | 8 | 4 | 4 | 10 | 16 | 55 | 81 | 87 |
| OPM % | 7% | 4% | 4% | 7% | 9% | 17% | 19% | 18% |
| 2 | 1 | 1 | 1 | 1 | 2 | 8 | 12 | |
| Interest | 3 | 2 | 2 | 3 | 3 | 4 | 6 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 4 |
| Profit before tax | 6 | 2 | 3 | 8 | 12 | 50 | 79 | 90 |
| Tax % | 30% | 23% | 25% | 27% | 27% | 25% | 26% | |
| 4 | 2 | 2 | 6 | 9 | 38 | 58 | 67 | |
| EPS in Rs | 29.63 | 33.98 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 42% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 101% |
| 3 Years: | 119% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 34% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 20 | 20 |
| Reserves | 25 | 27 | 29 | 34 | 42 | 81 | 301 | 327 |
| 16 | 11 | 23 | 28 | 14 | 13 | 4 | 3 | |
| 30 | 25 | 26 | 52 | 50 | 67 | 91 | 87 | |
| Total Liabilities | 73 | 65 | 79 | 116 | 108 | 163 | 416 | 437 |
| 7 | 7 | 17 | 16 | 30 | 35 | 34 | 59 | |
| CWIP | 0 | 0 | 0 | 7 | 1 | 0 | 13 | 26 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 31 | 31 |
| 66 | 58 | 63 | 94 | 77 | 127 | 339 | 322 | |
| Total Assets | 73 | 65 | 79 | 116 | 108 | 163 | 416 | 437 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -32 | 4 | 2 | 7 | 17 | 26 | -20 | |
| 0 | -1 | -10 | -7 | -11 | -7 | -40 | |
| -3 | -3 | 6 | 2 | -6 | -4 | 165 | |
| Net Cash Flow | -35 | -0 | -1 | 1 | -0 | 14 | 105 |
| Free Cash Flow | -33 | 3 | -8 | -0 | 6 | 18 | -36 |
| CFO/OP | -352% | 118% | 69% | 69% | 116% | 52% | -9% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 77 | 106 | 129 | 52 | 46 | 81 |
| Inventory Days | 93 | 111 | 68 | 92 | 91 | 73 | 108 |
| Days Payable | 98 | 92 | 79 | 121 | 83 | 44 | 46 |
| Cash Conversion Cycle | 91 | 96 | 96 | 100 | 60 | 75 | 142 |
| Working Capital Days | 50 | 57 | 56 | 51 | 35 | 37 | 99 |
| ROCE % | 10% | 9% | 18% | 25% | 70% | 40% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Actual Production Volume - Transformers MVA |
|
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| Capacity Utilization - Transformers % |
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| Installed Production Capacity - Control Relay Panels Units |
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| Installed Production Capacity - Transformers MVA |
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| Inverter Duty Transformer (IDT) Revenue Contribution % |
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| Order Book Value INR Crores |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
9 May 2026 - Power Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
6 May 2026 - Danish Power to hold H2 and FY26 earnings conference call on May 11, 2026.
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Structural Digital Database
22 April 2026 - SDD Annual Compliance Certificate for the year ended 31st March 2026
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Updates
22 April 2026 - Power Limited has informed regarding 'Non applicability of Initial Disclosure and Annual Disclosure for the financial year 2026-27'.
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Integrated Filing- Governance
11 April 2026 - Quarter ended on 31st March 2026
Concalls
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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.