Diamond Power Infrastructure Ltd

Diamond Power Infrastructure Ltd

₹ 1,220 -1.05%
23 Jul - close price
About

Diamond Power Infrastructure Limited is engaged in the business of manufacturing of Transmission & distribution of power products & services in India.[1]

Key Points

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]

  • Market Cap 6,430 Cr.
  • Current Price 1,220
  • High / Low 1,364 / 22.1
  • Stock P/E 371
  • Book Value -185
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Debtor days have improved from 109 to 62.5 days.
  • Promoter holding has increased by 83.5% over last quarter.
  • Company's working capital requirements have reduced from 1,193 days to 120 days

Cons

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2017 Dec 2017 Jun 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
198 105 0 0 0 0 0 1 14 74 75 60 134
206 117 1 1 1 1 5 13 20 63 64 57 116
Operating Profit -8 -12 -1 -1 -1 -1 -5 -11 -6 11 10 3 18
OPM % -4% -12% -1,840% -842% -45% 15% 14% 5% 13%
2 7 0 0 0 0 0 0 0 0 -1 -1 3
Interest 1 1 0 0 7 0 0 0 0 1 2 2 1
Depreciation 24 24 0 0 16 4 4 4 7 5 5 5 5
Profit before tax -31 -30 -1 -1 -23 -5 -9 -15 -14 6 2 -5 14
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% -1%
-31 -30 -1 -1 -23 -5 -9 -15 -14 6 2 -5 14
EPS in Rs -1.15 -1.10 -0.03 -0.03 -0.87 -0.19 -1.67 -2.93 -2.58 1.05 0.45 -1.00 2.74
Raw PDF
Upcoming result date: 25 July 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2021 Mar 2022 Mar 2023 Mar 2024
724 1,267 1,740 2,126 2,674 2,369 2,045 1,131 0 0 15 343
626 1,106 1,547 1,907 2,412 2,252 2,055 1,778 2 3 39 301
Operating Profit 98 162 193 219 262 117 -11 -647 -2 -3 -24 43
OPM % 14% 13% 11% 10% 10% 5% -1% -57% -5,560% -153% 12%
1 1 3 6 7 -20 7 125 0 0 0 0
Interest 24 25 49 86 112 159 223 191 6 7 1 7
Depreciation 6 19 24 33 35 48 57 94 16 16 19 20
Profit before tax 70 120 123 107 122 -110 -284 -808 -24 -25 -43 17
Tax % 27% 18% 12% 14% 15% 5% -5% -2% 0% 0% 0% -1%
51 98 108 92 104 -116 -269 -795 -24 -25 -43 17
EPS in Rs 19.68 21.85 18.56 19.25 -21.43 -47.26 -29.47 -0.89 -0.94 -8.14 3.23
Dividend Payout % 8% 11% 14% 4% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -19%
5 Years: %
3 Years: %
TTM: 2121%
Compounded Profit Growth
10 Years: -16%
5 Years: %
3 Years: 40%
TTM: 140%
Stock Price CAGR
10 Years: 27%
5 Years: 345%
3 Years: 1028%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 28 37 37 37 54 54 57 270 270 270 53 53
Reserves 266 479 570 665 867 751 564 387 -866 -891 -1,033 -1,026
312 443 696 1,131 1,277 1,892 2,206 1,605 1,977 1,978 367 319
144 156 293 511 546 271 544 194 611 623 2,019 2,173
Total Liabilities 750 1,115 1,596 2,344 2,744 2,968 3,371 2,456 1,992 1,980 1,407 1,518
96 249 345 319 489 437 1,339 1,246 1,103 1,087 1,070 1,057
CWIP 96 150 208 387 442 679 125 128 188 188 188 198
Investments 5 17 17 17 17 17 17 17 12 12 0 0
554 699 1,025 1,622 1,795 1,835 1,889 1,065 689 692 149 263
Total Assets 750 1,115 1,596 2,344 2,744 2,968 3,371 2,456 1,992 1,980 1,407 1,518

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-34 -5 -25 -123 106 -322 -148 -254 4 9 -1,953 27
-57 -228 -157 -174 -259 -179 -102 45 -0 -1 20 -16
100 249 191 341 152 500 260 210 -4 -6 1,936 -7
Net Cash Flow 8 16 9 44 -1 -1 10 1 -0 2 3 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 70 55 42 69 32 79 140 113 155 62
Inventory Days 116 118 147 171 182 181 153 127 1,354 175
Days Payable 27 21 58 89 18 25 77 13 571 152
Cash Conversion Cycle 160 151 130 150 196 234 216 228 939 86
Working Capital Days 191 120 118 137 126 224 231 281 2,265 120
ROCE % 18% 18% 15% 12% 12% 3% -2% -29% -1% -11%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2017Mar 2018Jun 2018Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
11.41% 11.41% 11.41% 11.41% 11.41% 11.41% 11.41% 11.41% 11.41% 11.41% 94.88% 90.00%
2.58% 2.10% 1.77% 0.77% 0.77% 0.77% 0.77% 0.77% 0.77% 0.77% 0.03% 0.08%
70.73% 70.21% 69.87% 66.70% 66.65% 66.65% 66.65% 66.65% 66.65% 57.91% 0.00% 0.00%
15.28% 16.28% 16.96% 21.11% 21.17% 21.17% 21.17% 21.17% 21.17% 29.92% 5.10% 9.93%
No. of Shareholders 23,15024,18624,28823,14023,14023,13823,13623,13718,65518,06417,56918,569

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls