This small-cap Power Stock, engaged in manufacturing power transmission products, including aluminum and alloy rods, conductors, MV cables, and transmission towers for the energy sector, plunged 6 percent after the promoter planned to sell a 5.98 percent stake in the company through an offer for sale (OFS).
With a market capitalization of Rs. 5,749.25 crores, the share of Diamond Power Infrastructure Limited has reached an intraday low of Rs. 101.60 per equity share, rising nearly 5.66 percent from its previous day’s close price of Rs. 107.70. Since then, the stock has retreated and is currently trading at Rs. 109.10 per equity share.
Monarch Infraparks Private Limited and GSEC Limited, the promoters of Diamond Power Infrastructure Limited, are planning to sell a part of their shareholding through an Offer for Sale (OFS) on the stock exchange. They will offer up to 2.1 crore equity shares (3.99 percent of the company’s total shares) on June 5, 2025, for non-retail investors and on June 6, 2025, for retail investors and others.
They also have the option to sell an additional 1.05 crore shares (1.99 percent), making the total possible sale 3.15 crore shares (5.98 percent). This sale is being done to meet SEBI’s requirement for minimum public shareholding and will be conducted through a special stock exchange window.
Diamond Power Infrastructure Limited (DPIL) was established in 1970 and is a major Indian manufacturer in the power transmission and distribution sector, operating under the brand “DICABS.”
The company produces a wide range of products, including conductors, cables (low, high, and extra-high voltage), and transmission towers, serving critical roles in construction, industrial engineering, and renewable energy sectors
Diamond Power Infrastructure Limited is expanding its production capacity across various product lines in 2025. The company currently produces 41,300 km of power cables per annum and plans to increase this to 48,800 km per annum. It also plans to establish 6.3 MW of windmills.
Additionally, the company has an installed capacity of 32,800 MT per year for Aluminium and Alloy Rods, with plans to increase it to 122,800 MT annually through operations and expansion. For Alloy and ASCR Conductors, the current installed capacity is 50,500 MT per year, which is expected to grow to 150,500 MT per year. Transmission tower capacity remains at 48,000 MT per year.
Coming into financial highlights, Diamond Power Infrastructure Limited’s revenue has increased from Rs. 134.41 crore in Q4 FY24 to Rs. 333.81 crore in Q4 FY25, which has grown by 148.35 percent. The net profit has decreased by 46.88 percent, from Rs. 14.42 crore in Q4 FY24 to Rs. 7.66 crore in Q4 FY25.
In terms of ratios, the company’s ROCE and ROA should be 3.17 percent and 1.93 percent, respectively. Diamond Power Infrastructure Limited has an earnings per share (EPS) of Rs. 0.65.
Written By – Nikhil Naik
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