Diamond Power Infrastructure Limited Earnings Summary — Q1 FY2027
Diamond Power Infrastructure Reports Robust Q1 FY27 Revenue Growth and Regularizes Legacy Depreciation Issues
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 0.9% sequentially in Q1 FY2027.
- Revenue of ₹690 Cr is 128.6% higher year-on-year.
- Revenue has compounded at 106.9% annualised over the last 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹58 Cr is 256.2% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 86.3% annualised across the period.
- Operating margin stands at 11.2% in Q1 FY2027.
- Operating margin expanded by 92 bps year-on-year.
- Over the last two years operating margin has expanded by 38 bps.
- PBT margin is 8.5%.
- Expense growth of 126.2% remained below revenue growth of 128.6%.
- Operating profit of ₹77 Cr is 149.0% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 73/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Strong Uptrend | 690 | 696 | 474 | 438 | 302 | 334 | 307 | 250 | 224 | 134 |
| Expenses | Strong Uptrend | 613 | 618 | 405 | 392 | 271 | 320 | 291 | 237 | 200 | 116 |
| Operating Profit | Improving | 77 | 78 | 69 | 46 | 31 | 14 | 16 | 13 | 24 | 18 |
| Operating Margin | Volatile | 11.2% | 11.2% | 14.6% | 10.5% | 10.2% | 4.1% | 5.2% | 5.2% | 10.8% | 13.4% |
| Other Income | Volatile | 8 | 3 | 1 | 0 | -3 | 0 | 0 | 0 | -0 | 3 |
| Interest | Strong Uptrend | 14 | 14 | 11 | 10 | 4 | 1 | 5 | 4 | 3 | 1 |
| Depreciation | Improving | 12 | 8 | 8 | 7 | 7 | 5 | 5 | 5 | 5 | 5 |
| Profit Before Tax | Strong Uptrend | 59 | 59 | 51 | 29 | 16 | 8 | 6 | 4 | 17 | 14 |
| Tax | Volatile | 0 | 2 | 1 | 1 | 0 | -0 | -0 | -0 | -0 | -0 |
| Net Profit | Strong Uptrend | 58 | 57 | 50 | 28 | 16 | 8 | 6 | 4 | 17 | 14 |
| Net Margin | Volatile | 8.5% | 8.2% | 10.5% | 6.3% | 5.4% | 2.3% | 2.0% | 1.6% | 7.4% | 10.7% |
Key Takeaways
- Revenue growth remains exceptionally strong, increasing 128.6% year-over-year to ₹689.88 Cr, driven by the successful post-IBC turnaround and manufacturing ramp-up.
- The company successfully completed a comprehensive physical verification of legacy Property, Plant and Equipment (PPE) dating back to 2018, regularizing all depreciation shortfalls.
- A significant accounting adjustment was made: ₹380.93 Cr of legacy depreciation shortfall was adjusted against Capital Reserve, and ₹45.48 Cr against Retained Earnings.
- Consolidated Net Profit rose to ₹58.45 Cr for the quarter, compared to ₹16.41 Cr in the same quarter last year, marking a sharp recovery in bottom-line performance.
- DPIL secured a major legal milestone by being discharged from criminal consequences in CBI/ED/PMLA matters, which management expects will release asset encumbrances.
- Management has appointed Mr. Umeshkumar Chhaya as a Whole-time Director to strengthen commercial leadership in the Wire & Cable segment.
- The company continues to benefit from a tax-efficient environment, reporting no current tax provision for the holding company due to brought-forward unabsorbed losses.
Management Guidance
Management indicated that the discharge from investigative agency matters will enhance liquidity by facilitating working capital borrowings and aiding recoveries of pre-NCLT receivables. Operations remain focused on the single segment of manufacturing Cables and Conductors.
Sentiment Shift
Improving
The resolution of legacy PPE accounting issues and the discharge from criminal investigations remove significant overhangs that have plagued the company since its 2018 insolvency.
Outlook
The outlook is significantly bolstered by the regularization of financial records and the legal discharge from PMLA matters, which should improve the company's creditworthiness and ability to scale operations further using normalized banking channels.
From the Annual Report (Key Quotes)
“The current quarter's depreciation charge has been computed and provided at the fully regularized, correct statutory rates.”
“The Holding Company's PPE records and depreciation position now stands fully regularised.”
“It has been discharged from the CBI / ED / PLMA Matters from criminal consequences which will further facilitate the release of attachment and encumbrances on its assets.”
Official Quarterly Documents
Ask AI about this quarter
This summary is AI-generated from Diamond Power Infrastructure Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.