Diamond Power Infrastructure FY26 Revenue Up 71%

Date: 26th May, 2026

Financial Performance Overview

FY26 Full Year Performance

Diamond Power Infrastructure Limited reported its audited financial results for the financial year ended March 31, 2026, showing exceptional growth across all key metrics.

Key Financials (FY26 vs FY25):

| Metric | FY26 | FY25 | Growth |

| EBITDA Margin | 12.1% | 6.1% | 600 bps Expansion |

The strong performance was attributed to improving operating leverage, higher utilization levels, increasing contribution from premium products, and better product mix.

Q4 FY26 Quarterly Performance

The company also reported outstanding results for the fourth quarter ended March 31, 2026:

Revenue from Operations: ₹69,587 Lakhs (up 108% YoY and 47% QoQ)
EBITDA: ₹8,472 Lakhs (506% YoY growth)
PAT: ₹6,061 Lakhs (691% YoY growth)
Gross Margin: ₹12,980 Lakhs

Business Highlights and Strategic Positioning

Order Book and Market Position

The company achieved a significant milestone with its revenue order book crossing approximately ₹3,498 Crores, indicating strong future revenue visibility.

Manufacturing and Technology Strengths

DPIL operates one of India's largest single-location integrated cables and conductors manufacturing facilities with:

EHV cable capability up to 400 kV
Installed conductor capacity exceeding 250,000 MTPA
Integrated rod-to-cable manufacturing ecosystem
700 kV NABL approved testing infrastructure
Advanced CCV technology with Class 6 clean room manufacturing
Capability to manufacture premium products including AL59, HTLS, TS and MVCC conductors

Key Achievements During FY26

Continued expansion in EHV and premium cable offerings with capability up to 400 kV
Expanded manufacturing footprint with additional MV cable lines and capacity debottlenecking initiatives
Strengthened backward integration from rods to finished cables at a single integrated manufacturing location
Advanced conductors portfolio further strengthened through AL-59, HTLS, TS and MVCC conductor technologies
Secured strong traction from renewable energy, transmission, infrastructure and data centre projects
Significant contribution from premium and new-age products
Continued expansion in NABL approved testing ecosystem including India's advanced 700 kV testing infrastructure
Progressed digital transformation and governance initiatives with support from Grant Thornton Bharat
Strengthened ESG and sustainability initiatives including Environmental Product Declaration certifications

Strategic Market Positioning

The company believes India is entering a multi-year power infrastructure supercycle driven by:

Renewable energy expansion
Grid modernization
Underground cabling
Railway electrification
Smart distribution systems
Data centre investments
Industrial infrastructure growth

Future Focus Areas

The company continues to focus on:

Expansion of pan-India retail and dealer network
Growth in EHV and high-margin specialty products
Export expansion across Europe, Middle East, Africa and other international markets
New energy and data centre focused products
Advanced conductors and eco-friendly transmission solutions
Operational efficiencies and margin expansion

Management Commentary

The management stated that FY26 has been a transformational year for the Company, delivering strong growth across all financial parameters while simultaneously strengthening manufacturing capabilities, technology positioning, product portfolio and governance framework. They emphasized that India's transmission, distribution, renewable energy and data centre sectors are witnessing unprecedented investments, and DPIL is uniquely positioned to capitalize on this long-term opportunity. The focus remains on scaling premium products, increasing utilization, expanding exports, strengthening retail presence and driving operational excellence.