Synopsis: Diamond Power Infrastructure Limited received a ₹93.08 crore domestic power cable order from KPI Green Energy, to be executed by June 2026, strengthening its order book and growth prospects.
This Small-cap Transmission stock, engaged in manufacturing power cables, conductors, transmission towers, transformers, and providing EPC services for power transmission and distribution projects, jumped 6.85 percent after receiving an order worth Rs. 93.08 crore from KPI Green Energy Limited.
With a market capitalization of Rs. 7,403.94 crores, the share of Diamond Power Infrastructure Limited has reached an intraday high of Rs. 145.80 per equity share, rising nearly 6.85 percent from its previous day’s close price of Rs. 136.45. Since then, the stock has retreated and is currently trading at Rs. 140.50 per equity share.
What is the News?
Diamond Power Infrastructure Limited has received a Letter of Intent from KPI Green Energy Limited for the supply of power cables valued at approximately Rs. 93.08 crore. The order has been awarded by a domestic entity on a kilometre-rate basis with a price variation formula. The contract is scheduled to be executed by June 30, 2026. This order is expected to strengthen Diamond Power Infrastructure Limited’s order book and support its business growth.
Order Book
Diamond Power Infrastructure Limited maintains a robust order book of Rs. 2,555 crore across various cable segments. The company has cable orders worth about Rs. 705.75 crore, including 1.1 kV cables, solar cables, 11 kV/22 kV cables, and 33 kV cables.
In the conductor segment, the company has existing orders worth about Rs. 1,849.1 crore, with Rs. 700 crore under finalization and Rs. 2,750 crore in pending bids. Overall, the total order pipeline stands at around Rs. 7,491 crore, reflecting strong demand for Diamond Power Infrastructure Limited’s products.
Client Base
Diamond Power Infrastructure Limited has a diversified client base spanning government utilities, corporate customers, and renewable energy companies. Key clients include Power Grid, GETCO, AMNS India, JSW, Adani, ABB, and Ambuja Cement. In the renewable energy segment, the company serves Adani Solar, NTPC, Waaree, CleanMax, ACME, and Prozeal, reflecting a strong presence across the power transmission and green energy sectors.
Company Overview
Diamond Power Infrastructure Limited (DPIL) was founded in 1992 and is an India-based power infrastructure company engaged in the manufacturing and supply of power transmission and distribution products. The company produces a wide range of cables, including low, medium, and high-voltage power cables, control cables, and instrumentation cables used in utilities, industrial projects, and renewable energy installations.
Recent Quarter Results
Coming into financial highlights, Diamond Power Infrastructure Limited’s revenue has increased from Rs. 307 crore in Q3 FY25 to Rs. 474 crore in Q3 FY26, which has grown by 54.40 percent. The net profit has also grown by 733.33 percent from Rs. 6 crore in Q3 FY25 to Rs. 50 crore in Q3 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 4.57 percent and -8.65 percent, respectively. Diamond Power Infrastructure Limited has an earnings per share (EPS) of Rs. 2 per share.
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