Diamond Power Infrastructure Ltd
Diamond Power Infrastructure Limited is engaged in the business of manufacturing of Transmission & distribution of power products & services in India.[1]
- Market Cap ₹ 5,074 Cr.
- Current Price ₹ 963
- High / Low ₹ 963 / 22.1
- Stock P/E
- Book Value ₹ 20.1
- Dividend Yield 0.00 %
- ROCE -28.7 %
- ROE -144 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Promoter holding has increased by 84.1% over last quarter.
Cons
- Stock is trading at 47.8 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.8% over past five years.
- Company has a low return on equity of -59.8% over last 3 years.
* 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
Sector: Cables Industry: Cables - Power
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 528 | 693 | 860 | 1,521 | 2,004 | 2,563 | 3,153 | 2,778 | 2,235 | 1,131 | 696 | |
| 461 | 604 | 743 | 1,335 | 1,781 | 2,331 | 2,871 | 2,715 | 2,242 | 1,778 | 1,041 | |
| Operating Profit | 66 | 90 | 117 | 185 | 224 | 232 | 282 | 63 | -8 | -647 | -344 |
| OPM % | 13% | 13% | 14% | 12% | 11% | 9% | 9% | 2% | -0% | -57% | -49% |
| 2 | 2 | 1 | 1 | 3 | 15 | 8 | -15 | 15 | 125 | 32 | |
| Interest | 15 | 22 | 24 | 27 | 53 | 92 | 123 | 177 | 235 | 191 | 26 |
| Depreciation | 3 | 5 | 7 | 20 | 25 | 34 | 36 | 51 | 58 | 94 | 97 |
| Profit before tax | 51 | 64 | 87 | 140 | 149 | 121 | 131 | -179 | -286 | -808 | -435 |
| Tax % | 10% | 12% | 29% | 21% | 16% | 14% | 15% | -3% | 5% | 2% | |
| 46 | 56 | 62 | 110 | 126 | 104 | 111 | -184 | -273 | -805 | -413 | |
| EPS in Rs | 14.63 | 22.26 | 25.31 | 20.98 | 20.54 | -34.15 | -47.86 | -29.84 | -15.31 | ||
| Dividend Payout % | 0% | 4% | 9% | 10% | 12% | 4% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -11% |
| 3 Years: | -29% |
| TTM: | -58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 279% |
| 3 Years: | 936% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -30% |
| 3 Years: | -60% |
| Last Year: | -144% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Sep 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 21 | 28 | 37 | 37 | 37 | 54 | 54 | 57 | 270 | 270 |
| Reserves | 111 | 198 | 283 | 509 | 617 | 716 | 932 | 756 | 565 | 385 | 273 |
| Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 0 | 0 | |
| 165 | 235 | 312 | 466 | 758 | 1,215 | 1,353 | 2,014 | 2,207 | 1,606 | 1,596 | |
| 25 | 61 | 157 | 176 | 326 | 540 | 616 | 328 | 544 | 194 | 189 | |
| Total Liabilities | 323 | 515 | 781 | 1,188 | 1,738 | 2,508 | 2,956 | 3,152 | 3,373 | 2,455 | 2,328 |
| 24 | 56 | 99 | 264 | 358 | 332 | 514 | 459 | 1,339 | 1,246 | 1,198 | |
| CWIP | 40 | 90 | 107 | 150 | 208 | 390 | 445 | 694 | 133 | 137 | 137 |
| Investments | 5 | 1 | 1 | 7 | 7 | 17 | 19 | 12 | 17 | 7 | 7 |
| 253 | 369 | 575 | 767 | 1,165 | 1,769 | 1,978 | 1,987 | 1,884 | 1,065 | 985 | |
| Total Assets | 323 | 515 | 781 | 1,188 | 1,738 | 2,508 | 2,956 | 3,152 | 3,373 | 2,455 | 2,328 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 | -20 | -25 | -23 | -119 | 119 | -362 | -140 | -258 | ||
| -84 | -67 | -2 | -182 | -197 | -260 | -192 | -102 | 49 | ||
| 82 | 95 | 27 | 226 | 356 | 138 | 554 | 248 | 210 | ||
| Net Cash Flow | 5 | 9 | -0 | 21 | 39 | -3 | -0 | 7 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 48 | 64 | 56 | 48 | 66 | 38 | 75 | 128 | 113 |
| Inventory Days | 70 | 92 | 101 | 102 | 136 | 147 | 160 | 158 | 140 | 127 |
| Days Payable | 12 | 28 | 51 | 33 | 54 | 75 | 19 | 27 | 71 | 13 |
| Cash Conversion Cycle | 120 | 112 | 114 | 126 | 130 | 138 | 179 | 206 | 198 | 228 |
| Working Capital Days | 151 | 149 | 164 | 111 | 119 | 126 | 118 | 201 | 212 | 284 |
| ROCE % | 23% | 21% | 20% | 17% | 13% | 12% | 1% | -2% | -29% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
10 May - Annual Secretarial Compliance Report for the financial year ended March 31, 2024, issued by PCS Tarun Sukhwani, Practicing Company Secretary, Vadodara
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 9 Apr
-
Compliance Certificate - Regulation 7(3) Of SEBI (LODR) Regulations, 2015.
8 Apr - All activities in relation to both physical and electronic share transfer facility are maintained by the Company''s Registrar and Share Transfer Agent, viz. Kfin Technologies …
-
Certificate Under Regulation 40(9) And 40(10) Of SEBI (LODR) Regulations, 2015
8 Apr - In compliance with Regulation 40(9) and 40(10) of SEBI (LODR) Regulations, 2015, kindly find enclosed herewith copy of certificate issued by CS Tarun Sukhwani, Practicing …
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2009
from bse
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Financial Year 2008
from bse
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Financial Year 2007
from bse
Concalls
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Aug 2015TranscriptNotesPPT
History
Diamond Power Infrastructure Ltd was incorporated in the year 1970, as a conductor manufacturing company.
From 1995 to 2006, they set up an LV Cables Manufacturing Unit, Aluminum Road Mill, EPC Business.
In 2007, Company acquired Western Transformers and also acquired a substantial stake in Apex Electricals Limited.
In 2010, Company made a Capacity Expansion of LV & HV Cables Unit 2011 - Setup EHV Cables manufacturing up to 550 kV and Setup a Transmission Tower unit.
In 2012, the company acquired strategic stakes in Utkal Galvanizers and Maktel Control & Systems, acquired a controlling stake in Danke Controls, commenced production of Power Transformers and control & relay panels, and Successfully commissioned 6.3 MW of wind energy at Jamanwada, Kutch.
In 2013, the company acquired a strategic stake in M/s Maktel Control & Systems, India’s leading power and control panel manufacturer, and Successfully established Ultra High Voltage Cable Testing Laboratory, a first of its kind in India having a capability of 500 kV capacity.
In 2014, the company successfully commissioned the first phase of an ambitious expansion program for 3000 km of MV cables and achieved 50,000 MTPA capacity of conductors in February 2014.
In 2015, the company made a rejuvenation of the product brand to Dicabs. [1]