Diamond Power Infrastructure Limited (DPIL), a leading manufacturer of power cables and conductors in India, has reported significant financial growth for the fiscal year ending March 31, 2026. The company announced a 71% year-on-year increase in revenue from operations, reaching ₹1,91,010 lakh compared to ₹1,11,539 lakh in the previous fiscal year.
The company’s EBITDA surged by 243% to ₹23,162 lakh, up from ₹6,757 lakh in FY25. Profit After Tax (PAT) saw an impressive rise of 355%, totalling ₹15,817 lakh against ₹3,474 lakh in the prior year. Additionally, the gross margin increased by 117% to ₹38,046 lakh, and the EBITDA margin improved significantly to 12.1% from 6.1% in FY25. Earnings per share (EPS) for FY26 stood at ₹3.00, a substantial increase from ₹0.66 in FY25.
In the fourth quarter of FY26, DPIL reported a revenue from operations of ₹69,587 lakh, marking a 108% year-on-year increase and a 47% increase quarter-on-quarter. The EBITDA for Q4 FY26 was ₹8,472 lakh, reflecting a 506% year-on-year growth, while PAT increased by 691% year-on-year to ₹6,061 lakh. The gross margin for the quarter was ₹12,980 lakh.
The company attributes its strong performance to improved operating leverage, higher utilisation levels, and a better product mix, along with increased contributions from premium products. The fiscal year also saw DPIL expanding its manufacturing capabilities, particularly in Extra High Voltage (EHV) and premium cable offerings, and strengthening its backward integration processes.
DPIL’s order book crossed approximately ₹3,498 crore, and the company expanded its manufacturing footprint with additional Medium Voltage (MV) cable lines and capacity debottlenecking initiatives. The company also advanced its conductors portfolio with technologies like AL-59, HTLS, TS, and MVCC conductors.
Looking forward, DPIL is strategically positioned to benefit from India’s power infrastructure supercycle, driven by renewable energy expansion, grid modernisation, and other infrastructural developments. The company plans to expand its retail and dealer network across India, grow its EHV and specialty product lines, and increase its export footprint in Europe, the Middle East, and Africa.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).