Danish Power share price today
Danish Power Ltd · NSE: DANISH · Capital Goods - Transformers · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 11 May 2026
Danish Power share price today: ₹875.30 at the NSE close on 4 November 2026, up 9.6% in a year. Danish Power (NSE: DANISH) is worth ₹1,723 crore, trades at a P/E of 24.9 and has closed between ₹584.30 and ₹1,036.35 over the past 52 weeks. Latest change: profit up, share price behind the market.
Danish Power Ltd's results are improving, while its P/E is near the low end of its own history over 2 years, higher than only 35% of past readings.
The main question: profits are rising, but only 33% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.
The price has been rising for 23 weeks, and the P/E is lower than 65% of its own last 2 years. Over the last four quarters, results have been improving, with profit +14.3% on a year earlier, and 33% of the last 3 years' profit came in as cash. What will decide it: whether the cash starts to follow the profit.
What is the Danish Power share price today?
Danish Power Ltd's share price was ₹875.30 at the close on 4 November 2026. It has been rising for 23 weeks. That is 2.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹584 and ₹1,036, and at that close it sat 64% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Danish Power Ltd is in stage 2. The phase helps read everything below.
Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 6 weeks in a row.
1Y
Nov 2026: ₹875, 2.4% above its 200-day average. The price has been rising for 23 weeks.
- Price ₹875
- 50-day avg ₹917
- 200-day avg ₹855
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | ₹840 | ₹871 | ₹890 |
| 7 Nov 2025 | ₹798 | ₹866 | ₹888 |
| 14 Nov 2025 | ₹751 | ₹844 | ₹881 |
| 21 Nov 2025 | ₹725 | ₹824 | ₹874 |
| 28 Nov 2025 | ₹699 | ₹802 | ₹866 |
| 5 Dec 2025 | ₹675 | ₹780 | ₹857 |
| 12 Dec 2025 | ₹647 | ₹753 | ₹846 |
| 19 Dec 2025 | ₹651 | ₹734 | ₹836 |
| 26 Dec 2025 | ₹645 | ₹723 | ₹829 |
| 2 Jan 2026 | ₹645 | ₹709 | ₹820 |
| 9 Jan 2026 | ₹664 | ₹702 | ₹813 |
| 16 Jan 2026 | ₹640 | ₹694 | ₹806 |
| 23 Jan 2026 | ₹621 | ₹684 | ₹798 |
| 1 Feb 2026 | ₹608 | ₹671 | ₹789 |
| 6 Feb 2026 | ₹626 | ₹663 | ₹781 |
| 13 Feb 2026 | ₹685 | ₹666 | ₹776 |
| 20 Feb 2026 | ₹663 | ₹667 | ₹771 |
| 27 Feb 2026 | ₹685 | ₹670 | ₹767 |
| 6 Mar 2026 | ₹660 | ₹668 | ₹763 |
| 13 Mar 2026 | ₹616 | ₹662 | ₹756 |
| 20 Mar 2026 | ₹614 | ₹655 | ₹750 |
| 27 Mar 2026 | ₹584 | ₹647 | ₹744 |
| 17 Apr 2026 | ₹742 | ₹653 | ₹734 |
| 24 Apr 2026 | ₹838 | ₹687 | ₹739 |
| 30 Apr 2026 | ₹900 | ₹717 | ₹745 |
| 8 May 2026 | ₹838 | ₹741 | ₹750 |
| 15 May 2026 | ₹830 | ₹764 | ₹756 |
| 22 May 2026 | ₹848 | ₹776 | ₹760 |
| 29 May 2026 | ₹828 | ₹787 | ₹763 |
| 4 Jun 2026 | ₹947 | ₹802 | ₹768 |
| 5 Jun 2026 | ₹918 | ₹806 | ₹770 |
| 10 Jun 2026 | ₹853 | ₹814 | ₹773 |
| 12 Jun 2026 | ₹860 | ₹816 | ₹774 |
| 17 Jun 2026 | ₹928 | ₹828 | ₹778 |
| 19 Jun 2026 | ₹1,036 | ₹840 | ₹783 |
| 24 Jun 2026 | ₹1,027 | ₹863 | ₹790 |
| 25 Jun 2026 | ₹1,030 | ₹869 | ₹792 |
| 1 Jul 2026 | ₹1,033 | ₹887 | ₹799 |
| 3 Jul 2026 | ₹961 | ₹895 | ₹803 |
| 10 Jul 2026 | ₹917 | ₹902 | ₹809 |
| 17 Jul 2026 | ₹874 | ₹898 | ₹813 |
| 24 Jul 2026 | ₹824 | ₹889 | ₹815 |
| 31 Jul 2026 | ₹815 | ₹875 | ₹815 |
| 7 Aug 2026 | ₹813 | ₹865 | ₹815 |
| 14 Aug 2026 | ₹763 | ₹848 | ₹813 |
| 21 Aug 2026 | ₹784 | ₹837 | ₹812 |
| 28 Aug 2026 | ₹850 | ₹832 | ₹812 |
| 4 Sep 2026 | ₹854 | ₹836 | ₹813 |
| 11 Sep 2026 | ₹997 | ₹849 | ₹818 |
| 18 Sep 2026 | ₹1,021 | ₹866 | ₹824 |
| 25 Sep 2026 | ₹948 | ₹885 | ₹831 |
| 1 Oct 2026 | ₹954 | ₹895 | ₹836 |
| 9 Oct 2026 | ₹1,006 | ₹915 | ₹844 |
| 16 Oct 2026 | ₹966 | ₹933 | ₹852 |
| 23 Oct 2026 | ₹846 | ₹929 | ₹854 |
| 30 Oct 2026 | ₹850 | ₹917 | ₹855 |
| 4 Nov 2026 | ₹875 | ₹917 | ₹855 |
3Y
Nov 2026: ₹875, 2.4% above its 200-day average. The price has been rising for 23 weeks.
- Price ₹875
- 50-day avg ₹917
- 200-day avg ₹855
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 1 Nov 2024 | ₹693 | ₹606 | ₹600 |
| 8 Nov 2024 | ₹799 | ₹639 | ₹609 |
| 14 Nov 2024 | ₹790 | ₹657 | ₹615 |
| 22 Nov 2024 | ₹840 | ₹688 | ₹625 |
| 29 Nov 2024 | ₹886 | ₹726 | ₹639 |
| 6 Dec 2024 | ₹957 | ₹773 | ₹656 |
| 13 Dec 2024 | ₹1,182 | ₹824 | ₹675 |
| 20 Dec 2024 | ₹1,153 | ₹891 | ₹700 |
| 27 Dec 2024 | ₹1,105 | ₹927 | ₹717 |
| 3 Jan 2025 | ₹1,178 | ₹960 | ₹736 |
| 10 Jan 2025 | ₹1,085 | ₹993 | ₹756 |
| 17 Jan 2025 | ₹985 | ₹993 | ₹768 |
| 24 Jan 2025 | ₹883 | ₹985 | ₹776 |
| 1 Feb 2025 | ₹841 | ₹955 | ₹780 |
| 7 Feb 2025 | ₹838 | ₹933 | ₹783 |
| 14 Feb 2025 | ₹788 | ₹906 | ₹783 |
| 21 Feb 2025 | ₹794 | ₹887 | ₹784 |
| 28 Feb 2025 | ₹719 | ₹867 | ₹783 |
| 7 Mar 2025 | ₹794 | ₹846 | ₹781 |
| 13 Mar 2025 | ₹723 | ₹831 | ₹780 |
| 21 Mar 2025 | ₹795 | ₹821 | ₹779 |
| 28 Mar 2025 | ₹797 | ₹816 | ₹780 |
| 4 Apr 2025 | ₹826 | ₹818 | ₹782 |
| 11 Apr 2025 | ₹807 | ₹815 | ₹782 |
| 17 Apr 2025 | ₹898 | ₹826 | ₹786 |
| 25 Apr 2025 | ₹954 | ₹856 | ₹797 |
| 2 May 2025 | ₹897 | ₹865 | ₹801 |
| 9 May 2025 | ₹961 | ₹880 | ₹808 |
| 16 May 2025 | ₹974 | ₹901 | ₹817 |
| 23 May 2025 | ₹1,016 | ₹926 | ₹828 |
| 30 May 2025 | ₹1,026 | ₹943 | ₹838 |
| 6 Jun 2025 | ₹1,012 | ₹955 | ₹846 |
| 13 Jun 2025 | ₹989 | ₹962 | ₹853 |
| 20 Jun 2025 | ₹1,124 | ₹984 | ₹864 |
| 27 Jun 2025 | ₹1,101 | ₹1,010 | ₹877 |
| 4 Jul 2025 | ₹1,075 | ₹1,019 | ₹886 |
| 11 Jul 2025 | ₹1,017 | ₹1,024 | ₹894 |
| 18 Jul 2025 | ₹1,003 | ₹1,021 | ₹900 |
| 25 Jul 2025 | ₹969 | ₹1,015 | ₹904 |
| 1 Aug 2025 | ₹951 | ₹1,003 | ₹906 |
| 8 Aug 2025 | ₹895 | ₹987 | ₹907 |
| 14 Aug 2025 | ₹900 | ₹975 | ₹907 |
| 22 Aug 2025 | ₹921 | ₹965 | ₹907 |
| 29 Aug 2025 | ₹913 | ₹958 | ₹908 |
| 5 Sep 2025 | ₹915 | ₹945 | ₹907 |
| 12 Sep 2025 | ₹886 | ₹937 | ₹906 |
| 19 Sep 2025 | ₹882 | ₹926 | ₹905 |
| 26 Sep 2025 | ₹854 | ₹917 | ₹903 |
| 3 Oct 2025 | ₹842 | ₹904 | ₹901 |
| 10 Oct 2025 | ₹832 | ₹889 | ₹897 |
| 17 Oct 2025 | ₹859 | ₹883 | ₹895 |
| 24 Oct 2025 | ₹841 | ₹879 | ₹893 |
| 31 Oct 2025 | ₹840 | ₹871 | ₹890 |
| 7 Nov 2025 | ₹798 | ₹866 | ₹888 |
| 14 Nov 2025 | ₹751 | ₹844 | ₹881 |
| 21 Nov 2025 | ₹725 | ₹824 | ₹874 |
| 28 Nov 2025 | ₹699 | ₹802 | ₹866 |
| 5 Dec 2025 | ₹675 | ₹780 | ₹857 |
| 12 Dec 2025 | ₹647 | ₹753 | ₹846 |
| 19 Dec 2025 | ₹651 | ₹734 | ₹836 |
| 26 Dec 2025 | ₹645 | ₹723 | ₹829 |
| 2 Jan 2026 | ₹645 | ₹709 | ₹820 |
| 9 Jan 2026 | ₹664 | ₹702 | ₹813 |
| 16 Jan 2026 | ₹640 | ₹694 | ₹806 |
| 23 Jan 2026 | ₹621 | ₹684 | ₹798 |
| 1 Feb 2026 | ₹608 | ₹671 | ₹789 |
| 6 Feb 2026 | ₹626 | ₹663 | ₹781 |
| 13 Feb 2026 | ₹685 | ₹666 | ₹776 |
| 20 Feb 2026 | ₹663 | ₹667 | ₹771 |
| 27 Feb 2026 | ₹685 | ₹670 | ₹767 |
| 6 Mar 2026 | ₹660 | ₹668 | ₹763 |
| 13 Mar 2026 | ₹616 | ₹662 | ₹756 |
| 20 Mar 2026 | ₹614 | ₹655 | ₹750 |
| 27 Mar 2026 | ₹584 | ₹647 | ₹744 |
| 17 Apr 2026 | ₹742 | ₹653 | ₹734 |
| 24 Apr 2026 | ₹838 | ₹687 | ₹739 |
| 30 Apr 2026 | ₹900 | ₹717 | ₹745 |
| 8 May 2026 | ₹838 | ₹741 | ₹750 |
| 15 May 2026 | ₹830 | ₹764 | ₹756 |
| 22 May 2026 | ₹848 | ₹776 | ₹760 |
| 29 May 2026 | ₹828 | ₹787 | ₹763 |
| 4 Jun 2026 | ₹947 | ₹802 | ₹768 |
| 5 Jun 2026 | ₹918 | ₹806 | ₹770 |
| 10 Jun 2026 | ₹853 | ₹814 | ₹773 |
| 12 Jun 2026 | ₹860 | ₹816 | ₹774 |
| 17 Jun 2026 | ₹928 | ₹828 | ₹778 |
| 19 Jun 2026 | ₹1,036 | ₹840 | ₹783 |
| 24 Jun 2026 | ₹1,027 | ₹863 | ₹790 |
| 25 Jun 2026 | ₹1,030 | ₹869 | ₹792 |
| 1 Jul 2026 | ₹1,033 | ₹887 | ₹799 |
| 3 Jul 2026 | ₹961 | ₹895 | ₹803 |
| 10 Jul 2026 | ₹917 | ₹902 | ₹809 |
| 17 Jul 2026 | ₹874 | ₹898 | ₹813 |
| 24 Jul 2026 | ₹824 | ₹889 | ₹815 |
| 31 Jul 2026 | ₹815 | ₹875 | ₹815 |
| 7 Aug 2026 | ₹813 | ₹865 | ₹815 |
| 14 Aug 2026 | ₹763 | ₹848 | ₹813 |
| 21 Aug 2026 | ₹784 | ₹837 | ₹812 |
| 28 Aug 2026 | ₹850 | ₹832 | ₹812 |
| 4 Sep 2026 | ₹854 | ₹836 | ₹813 |
| 11 Sep 2026 | ₹997 | ₹849 | ₹818 |
| 18 Sep 2026 | ₹1,021 | ₹866 | ₹824 |
| 25 Sep 2026 | ₹948 | ₹885 | ₹831 |
| 1 Oct 2026 | ₹954 | ₹895 | ₹836 |
| 9 Oct 2026 | ₹1,006 | ₹915 | ₹844 |
| 16 Oct 2026 | ₹966 | ₹933 | ₹852 |
| 23 Oct 2026 | ₹846 | ₹929 | ₹854 |
| 30 Oct 2026 | ₹850 | ₹917 | ₹855 |
| 4 Nov 2026 | ₹875 | ₹917 | ₹855 |
Price stage: Falling from Oct 2025 to Jun 2026; Rising from Jun 2026 to Oct 2026.
Price stage: Falling in Nov 2024; Rising from Nov 2024 to Oct 2025; Falling from Oct 2025 to Jun 2026; Rising from Jun 2026 to Oct 2026.
Week by week since 2024: did it beat the NIFTY 500 over the past 13 weeks?
Ahead in 48 of 96 weeks
| Week | 13-week return vs NIFTY 500 |
|---|---|
| 1 Nov 2024 | no NIFTY 500 reading |
| 8 Nov 2024 | no NIFTY 500 reading |
| 14 Nov 2024 | no NIFTY 500 reading |
| 22 Nov 2024 | no NIFTY 500 reading |
| 29 Nov 2024 | no NIFTY 500 reading |
| 6 Dec 2024 | no NIFTY 500 reading |
| 13 Dec 2024 | no NIFTY 500 reading |
| 20 Dec 2024 | no NIFTY 500 reading |
| 27 Dec 2024 | no NIFTY 500 reading |
| 3 Jan 2025 | no NIFTY 500 reading |
| 10 Jan 2025 | no NIFTY 500 reading |
| 17 Jan 2025 | no NIFTY 500 reading |
| 24 Jan 2025 | no NIFTY 500 reading |
| 1 Feb 2025 | +26.8% |
| 7 Feb 2025 | +9.4% |
| 14 Feb 2025 | +5.6% |
| 21 Feb 2025 | +4.5% |
| 28 Feb 2025 | −6.6% |
| 7 Mar 2025 | −3.8% |
| 13 Mar 2025 | −29.8% |
| 21 Mar 2025 | −26.1% |
| 28 Mar 2025 | −22.9% |
| 4 Apr 2025 | −21.5% |
| 11 Apr 2025 | −24.9% |
| 17 Apr 2025 | −12.8% |
| 25 Apr 2025 | +4.3% |
| 2 May 2025 | +5.3% |
| 9 May 2025 | +7.1% |
| 16 May 2025 | +13.9% |
| 23 May 2025 | +16.4% |
| 30 May 2025 | +30.3% |
| 6 Jun 2025 | +12.3% |
| 13 Jun 2025 | +27.0% |
| 20 Jun 2025 | +32.0% |
| 27 Jun 2025 | +27.4% |
| 4 Jul 2025 | +14.4% |
| 11 Jul 2025 | +16.3% |
| 18 Jul 2025 | +6.4% |
| 25 Jul 2025 | −3.0% |
| 1 Aug 2025 | +3.3% |
| 8 Aug 2025 | −7.7% |
| 14 Aug 2025 | −9.4% |
| 22 Aug 2025 | −9.3% |
| 29 Aug 2025 | −11.3% |
| 5 Sep 2025 | −8.4% |
| 12 Sep 2025 | −12.7% |
| 19 Sep 2025 | −21.0% |
| 26 Sep 2025 | −19.8% |
| 3 Oct 2025 | −19.8% |
| 10 Oct 2025 | −17.8% |
| 17 Oct 2025 | −15.8% |
| 24 Oct 2025 | −17.2% |
| 31 Oct 2025 | −16.1% |
| 7 Nov 2025 | −15.8% |
| 14 Nov 2025 | −19.9% |
| 21 Nov 2025 | −26.5% |
| 28 Nov 2025 | −27.2% |
| 5 Dec 2025 | −27.7% |
| 12 Dec 2025 | −27.2% |
| 19 Dec 2025 | −29.1% |
| 26 Dec 2025 | −28.5% |
| 2 Jan 2026 | −27.3% |
| 9 Jan 2026 | −20.7% |
| 16 Jan 2026 | −21.6% |
| 23 Jan 2026 | −22.4% |
| 1 Feb 2026 | −26.7% |
| 6 Feb 2026 | −21.4% |
| 13 Feb 2026 | −7.6% |
| 20 Feb 2026 | −6.2% |
| 27 Feb 2026 | +3.6% |
| 6 Mar 2026 | +1.7% |
| 13 Mar 2026 | +2.0% |
| 20 Mar 2026 | +4.2% |
| 27 Mar 2026 | +2.8% |
| 17 Apr 2026 | +19.2% |
| 24 Apr 2026 | +28.9% |
| 30 Apr 2026 | +39.2% |
| 8 May 2026 | +37.3% |
| 15 May 2026 | +40.4% |
| 22 May 2026 | +40.3% |
| 29 May 2026 | +25.1% |
| 4 Jun 2026 | +46.9% |
| 5 Jun 2026 | +33.8% |
| 10 Jun 2026 | +28.8% |
| 12 Jun 2026 | +36.5% |
| 17 Jun 2026 | +43.4% |
| 19 Jun 2026 | +66.8% |
| 24 Jun 2026 | +37.9% |
| 25 Jun 2026 | +21.9% |
| 1 Jul 2026 | +14.1% |
| 3 Jul 2026 | +11.2% |
| 10 Jul 2026 | +6.8% |
| 17 Jul 2026 | +0.0% |
| 24 Jul 2026 | −1.7% |
| 31 Jul 2026 | −18.5% |
| 7 Aug 2026 | −17.0% |
| 14 Aug 2026 | −14.9% |
| 21 Aug 2026 | −13.0% |
| 28 Aug 2026 | −10.0% |
| 4 Sep 2026 | −18.1% |
| 11 Sep 2026 | −1.8% |
| 18 Sep 2026 | +0.3% |
| 25 Sep 2026 | −5.2% |
| 1 Oct 2026 | +5.4% |
| 9 Oct 2026 | +16.1% |
| 16 Oct 2026 | +15.2% |
| 23 Oct 2026 | +9.2% |
| 30 Oct 2026 | +11.0% |
| 4 Nov 2026 | +15.3% |
Over the last 2 years the share price moved +26% while the NIFTY 500 moved −5%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What changed at Danish Power this quarter?
What are Danish Power's latest quarterly results?
For January to March 2026 (the quarter ended 31 March 2026), Danish Power reported revenue of ₹310 crore, up 18.3% from ₹262 crore a year earlier, and a profit of ₹40.0 crore, up 14.3% from ₹35.0 crore.
Danish Power results: January to March 2026 against a year earlier
| Measure | January to March 2026 | January to March 2025 | Change |
|---|---|---|---|
| Revenue | ₹310 crore | ₹262 crore | +18.3% |
| Profit | ₹40.0 crore | ₹35.0 crore | +14.3% |
| Earnings per share | ₹20.56 | ₹17.77 | +15.7% |
| Operating margin | 18.0% | 20.0% | −2.0 points |
The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them.
Danish Power's management discussed these results on a call held on 11 May 2026; what it said is further down this page.
From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.
What is the Danish Power share price history?
Danish Power closed at ₹875.30 on 4 November 2026, up 9.6% from ₹798.45 a year earlier (7 November 2025). Its highest weekly close since November 2024 was ₹1,181.80 on 13 December 2024.
Danish Power share price: then and now
| When | Close | Change to 4 Nov 2026 |
|---|---|---|
| 1 week ago · 30 Oct 2026 | ₹849.50 | +3.0% |
| 1 month ago · 1 Oct 2026 | ₹953.50 | −8.2% |
| 6 months ago · 8 May 2026 | ₹838.40 | +4.4% |
| 1 year ago · 7 Nov 2025 | ₹798.45 | +9.6% |
| Earliest weekly close in our records · 1 Nov 2024 | ₹692.75 | +26.4% |
| Highest weekly close since November 2024 · 13 Dec 2024 | ₹1,181.80 | −25.9% |
| Lowest weekly close since November 2024, also the 52-week low · 27 Mar 2026 | ₹584.30 | +49.8% |
| 52-week high (weekly close) · 19 Jun 2026 | ₹1,036.35 | −15.5% |
Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.
109 weekly closes from 1 November 2024 to 4 November 2026.
What is the latest news on Danish Power?
4 Nov 2026: Danish Power closed at ₹875.30, up 3.0% on the week and down 8.2% on the month. 11 May 2026: Danish Power held its results call for January to March 2026. Management guided: FY27 revenue to exceed ₹700 crore.
Earlier
- Results for January to March 2026: Revenue up 18.3% and profit up 14.3% on a year earlier.
What dividend does Danish Power pay?
The NSE corporate-actions record has no dividend for Danish Power since its first NSE close in our records (1 November 2024), so this page cannot show amounts per share.
Yes. Danish Power Ltd paid out 4% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 3 reported years.
From the NSE corporate-actions record, read 5 November 2026.
What did Danish Power management say on the latest results call?
On the call for January to March 2026, held on 11 May 2026, Danish Power's management guided: FY27 revenue to exceed ₹700 crore.
“Our guidance for the ongoing financial year FY27, based on current order visibility, capacity ramp-up, and market outlook, is for revenue to exceed Rs 700 crore. We remain committed to sustaining our EBITDA margins in the range of 19%.”Shivam Talwar, Managing Director, on the call for January to March 2026
What management guided
- FY27 operating margin approximately 19%.
- FY27 MVA production 7,500-8,000.
- FY28 MVA production to exceed 10,000.
- Power transformer meaningful revenue FY28 onwards.
Management’s own plans and goals, from our notes of the call. A plan is not a result.
Source: the call transcript.
From the call for January to March 2026, 11 May 2026.
What to watch in Danish Power's next results?
When Danish Power reports April to June 2026, these are the 4 checks that show whether the story is still on course. First: April to June 2026 operating margin dip to sub-19% expected per management ('Q1 for this year will be impacted'): track margin recovery trajectory in Q2-Q3 as new repriced orders execute and old firm-priced orders exit revenue mix.
| What to check (from the call) |
|---|
| April to June 2026 operating margin dip to sub-19% expected per management ('Q1 for this year will be impacted'): track margin recovery trajectory in Q2-Q3 as new repriced orders execute and old firm-priced orders exit revenue mix. |
| Phase 2 capacity utilization ramp: FY27 goal 7,500-8,000 MVA; track quarterly run-rates to confirm >35-40% quarterly volume rate (half of annual guidance) or if seasonality skews heavily toward H2, signaling underperformance versus guidance. |
| BESS order book contribution stability: currently 20-25% of ₹500 crore order book (approximately ₹100-125 crore baseline); next quarter clarify if BESS mix expanding as percentage of new order inflows or staying flat as other segments (power transformer, exports) accelerate. |
| Export revenue and order win acceleration: currently 8-9% of revenue with 15-20% goal in 2 years; next quarter should show measurable uptick in export win rate from recently-signed framework agreements - track if export mix visibly rising toward 10-12%+ run-rate. |
Which stock lists is Danish Power on?
Danish Power is on one of our India lists: Power & green energy stocks.
Is Danish Power profitable?
Danish Power Ltd earned ₹40.0 Cr of net profit in the Mar 2026 quarter, +14.3% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹69.0 Cr. Over 2 years profit has grown 34.8% a year on average. That is 12.9% of the quarter's revenue.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
For the full year, FY26 profit was ₹69.0 Cr (+25.5% on the year before).
FY26 profit ₹69.0 Cr (+25.5% on the year before), 34.8% a year over 2 years
- Net profit ₹69.0
| Quarter | Net profit |
|---|---|
| FY24 | ₹38 |
| FY25 | ₹55 |
| FY26 | ₹69 |
Growth on a year earlier
- Growth on a year earlier 25.5%
| Quarter | Growth on a year earlier |
|---|---|
| FY24 | – |
| FY25 | 44.7% |
| FY26 | 25.5% |
Mar 2026: ₹40.0 Cr (+14.3% on a year earlier), the 2nd quarter in a row of growth
- Net profit (quarterly) ₹40.0
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2024 | ₹20 |
| Mar 2025 | ₹35 |
| Sep 2025 | ₹29 |
| Mar 2026 | ₹40 |
Growth on a year earlier
- Growth on a year earlier 14.3%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2024 | – |
| Mar 2025 | – |
| Sep 2025 | 45% |
| Mar 2026 | 14.3% |
How much revenue does Danish Power make, and is it growing?
Danish Power Ltd reported ₹310 Cr of revenue in the Mar 2026 quarter, +18.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 2 years it has grown 25.3% a year on average. The last full year, FY26, came in at ₹521 Cr.
Revenue is everything the company billed its customers in the period.
FY26 revenue was ₹521 Cr, +22.0% on the year before.
FY26 revenue ₹521 Cr (+22.0% on the year before), 25.3% a year over 2 years
- Revenue ₹521
| Quarter | Revenue |
|---|---|
| FY24 | ₹332 |
| FY25 | ₹427 |
| FY26 | ₹521 |
Growth on a year earlier
- Growth on a year earlier 22%
| Quarter | Growth on a year earlier |
|---|---|
| FY24 | – |
| FY25 | 28.6% |
| FY26 | 22% |
Mar 2026: ₹310 Cr (+18.3% on a year earlier), the 2nd quarter in a row of growth
- Revenue (quarterly) ₹310
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2024 | ₹164 |
| Mar 2025 | ₹262 |
| Sep 2025 | ₹212 |
| Mar 2026 | ₹310 |
Growth on a year earlier
- Growth on a year earlier 18.3%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2024 | – |
| Mar 2025 | – |
| Sep 2025 | 29.3% |
| Mar 2026 | 18.3% |
Recent pace: the last four quarters grew +23.8% on average, against 25.3% a year over the longer run, so this year is growing slower than its own long-run rate.
How much of every ₹100 of sales does Danish Power keep?
Danish Power Ltd's operating margin was 18.0% in the Mar 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 3 years it has been between 17.0% and 19.0%. The latest quarter is within that range.
Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.
FY26: 18.0%, within a range of 17.0% to 19.0% over 3 years
- Operating margin 18.0%
| Quarter | Operating margin |
|---|---|
| FY24 | 17% |
| FY25 | 19% |
| FY26 | 18% |
Change on the year before (points)
- Change on the year before (points) −1.0 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY24 | – |
| FY25 | +2.0 pts |
| FY26 | −1.0 pts |
Mar 2026: operating margin 18.0% (−2.0 points on a year earlier)
- Operating margin 18.0%
| Quarter | Operating margin |
|---|---|
| Sep 2024 | 19% |
| Mar 2025 | 20% |
| Sep 2025 | 18% |
| Mar 2026 | 18% |
Change on a year earlier (points)
- Change on a year earlier (points) −2.0 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2024 | – |
| Mar 2025 | – |
| Sep 2025 | −1.0 pts |
| Mar 2026 | −2.0 pts |
Is Danish Power's profit turning into cash?
Over the last 3 years, 33% of Danish Power Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹42.0 Cr of operating cash against ₹69.0 Cr of profit. After ₹109 Cr of spending on assets, free cash was −₹67.0 Cr: it spent more than its operations brought in.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY26: operating cash ₹42.0 Cr against profit ₹69.0 Cr; 33% of 3 years' profit came in as cash
- Operating cash ₹42.0
- Net profit ₹69.0
- Free cash −₹67
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY24 | ₹26 | ₹38 | – |
| FY25 | −₹14 | ₹55 | −₹116 |
| FY26 | ₹42 | ₹69 | −₹67 |
FY26: operating cash was 61% of profit (33% over three years)
- Operating cash as % of profit 61%
- Break-even line 100%
| Quarter | Operating cash as % of profit | Break-even line |
|---|---|---|
| FY24 | 68% | 100% |
| FY25 | −25% | 100% |
| FY26 | 61% | 100% |
Why 33% of profit came in as cash: the cash cycle stayed about the same between FY24 and FY26, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page.
What to look at next: the bigger use of cash is spending on new assets, at 17.6× depreciation over three years. The next section checks what that spending is building.
Where does Danish Power's cash go?
Danish Power Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 78 days in FY26, up from 75 days in FY24. It spent ₹211 Cr on assets over the last 2 years. Customers take 78 days to pay, and stock sits for 88 days on average.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
At FY26 sales of ₹521 Cr, each day of that cycle ties up about ₹1.4 Cr, so roughly ₹111 Cr is tied up in the business at any time.
FY26: customers took 78 days to pay and stock sat for 88 days, about 2.9 months of sales sitting as stock, for a full cycle of 78 days, longer than FY24's 75.
The full loop: cash goes out to suppliers and production on day 0. Stock sits for 88 days. Customers pay about 78 days after that. Suppliers are paid at 39 days. Together that makes the 78-day cycle.
FY26: a 78-day cash cycle, +3 days compared with FY24
- Cash cycle 78d
- Inventory days 88d
- Debtor days 78d
- Payable days 39d
| Quarter | Cash cycle | Inventory days | Debtor days | Payable days |
|---|---|---|---|---|
| FY24 | 75d | 73d | 46d | 44d |
| FY25 | 80d | 108d | 80d | 46d |
| FY26 | 78d | 88d | 78d | 39d |
Spending on assets: ₹211 Cr over the last 2 years, against ₹12.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹15.0 Cr (FY26): assets paid for that are not earning yet.
FY26: capex ₹109 Cr, work in progress ₹15.0 Cr, a build-out
- Capex ₹109
- Work-in-progress ₹15.0
| Quarter | Capex | Work-in-progress |
|---|---|---|
| FY25 | ₹102 | ₹13 |
| FY26 | ₹109 | ₹15 |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Danish Power's P/E ratio, and how does it compare with its own history?
Danish Power Ltd's P/E is 24.9×, near the low end of its own history: it has been lower only 35% of the time. Its usual P/E (the middle reading) is 29.4×, over 2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.
P/E 24.9× against a usual 29.4×: near the low end of its own history: it has been lower only 35% of the time
- P/E 24.2×
- Median 29.4×
| Week | P/E | Median |
|---|---|---|
| 1 Nov 2024 | 36.2× | 29.4× |
| 8 Nov 2024 | 41.8× | 29.4× |
| 14 Nov 2024 | 41.3× | 29.4× |
| 22 Nov 2024 | 43.9× | 29.4× |
| 29 Nov 2024 | 46.3× | 29.4× |
| 6 Dec 2024 | 50.0× | 29.4× |
| 13 Dec 2024 | 60.3× | 29.4× |
| 20 Dec 2024 | 60.3× | 29.4× |
| 27 Dec 2024 | 57.8× | 29.4× |
| 3 Jan 2025 | 60.3× | 29.4× |
| 10 Jan 2025 | 56.7× | 29.4× |
| 17 Jan 2025 | 51.5× | 29.4× |
| 24 Jan 2025 | 46.2× | 29.4× |
| 1 Feb 2025 | 44.0× | 29.4× |
| 7 Feb 2025 | 43.8× | 29.4× |
| 14 Feb 2025 | 41.2× | 29.4× |
| 21 Feb 2025 | 41.5× | 29.4× |
| 28 Feb 2025 | 37.6× | 29.4× |
| 7 Mar 2025 | 41.5× | 29.4× |
| 13 Mar 2025 | 37.8× | 29.4× |
| 21 Mar 2025 | 41.5× | 29.4× |
| 28 Mar 2025 | 41.7× | 29.4× |
| 4 Apr 2025 | 43.2× | 29.4× |
| 11 Apr 2025 | 42.2× | 29.4× |
| 17 Apr 2025 | 47.0× | 29.4× |
| 25 Apr 2025 | 49.9× | 29.4× |
| 2 May 2025 | 46.9× | 29.4× |
| 9 May 2025 | 34.4× | 29.4× |
| 16 May 2025 | 34.9× | 29.4× |
| 23 May 2025 | 36.4× | 29.4× |
| 30 May 2025 | 36.8× | 29.4× |
| 6 Jun 2025 | 36.3× | 29.4× |
| 13 Jun 2025 | 35.4× | 29.4× |
| 20 Jun 2025 | 40.3× | 29.4× |
| 27 Jun 2025 | 39.4× | 29.4× |
| 4 Jul 2025 | 38.5× | 29.4× |
| 11 Jul 2025 | 36.4× | 29.4× |
| 18 Jul 2025 | 35.9× | 29.4× |
| 25 Jul 2025 | 34.7× | 29.4× |
| 1 Aug 2025 | 34.1× | 29.4× |
| 8 Aug 2025 | 32.1× | 29.4× |
| 14 Aug 2025 | 32.2× | 29.4× |
| 22 Aug 2025 | 33.2× | 29.4× |
| 29 Aug 2025 | 32.9× | 29.4× |
| 5 Sep 2025 | 33.0× | 29.4× |
| 12 Sep 2025 | 31.9× | 29.4× |
| 19 Sep 2025 | 31.8× | 29.4× |
| 26 Sep 2025 | 30.8× | 29.4× |
| 3 Oct 2025 | 30.3× | 29.4× |
| 10 Oct 2025 | 30.0× | 29.4× |
| 17 Oct 2025 | 30.9× | 29.4× |
| 24 Oct 2025 | 30.3× | 29.4× |
| 31 Oct 2025 | 30.3× | 29.4× |
| 7 Nov 2025 | 24.6× | 29.4× |
| 14 Nov 2025 | 23.1× | 29.4× |
| 21 Nov 2025 | 22.3× | 29.4× |
| 28 Nov 2025 | 21.5× | 29.4× |
| 5 Dec 2025 | 20.8× | 29.4× |
| 12 Dec 2025 | 19.9× | 29.4× |
| 19 Dec 2025 | 20.0× | 29.4× |
| 26 Dec 2025 | 19.9× | 29.4× |
| 2 Jan 2026 | 19.9× | 29.4× |
| 9 Jan 2026 | 20.4× | 29.4× |
| 16 Jan 2026 | 19.7× | 29.4× |
| 23 Jan 2026 | 19.1× | 29.4× |
| 1 Feb 2026 | 18.7× | 29.4× |
| 6 Feb 2026 | 19.2× | 29.4× |
| 13 Feb 2026 | 21.1× | 29.4× |
| 20 Feb 2026 | 20.4× | 29.4× |
| 27 Feb 2026 | 21.1× | 29.4× |
| 6 Mar 2026 | 20.3× | 29.4× |
| 13 Mar 2026 | 19.0× | 29.4× |
| 20 Mar 2026 | 18.9× | 29.4× |
| 27 Mar 2026 | 18.0× | 29.4× |
| 2 Apr 2026 | 18.6× | 29.4× |
| 10 Apr 2026 | 21.0× | 29.4× |
| 17 Apr 2026 | 22.8× | 29.4× |
| 24 Apr 2026 | 25.8× | 29.4× |
| 30 Apr 2026 | 27.7× | 29.4× |
| 8 May 2026 | 25.8× | 29.4× |
| 15 May 2026 | 23.5× | 29.4× |
| 22 May 2026 | 24.0× | 29.4× |
| 29 May 2026 | 23.5× | 29.4× |
| 4 Jun 2026 | 27.1× | 29.4× |
| 5 Jun 2026 | 26.0× | 29.4× |
| 10 Jun 2026 | 24.3× | 29.4× |
| 12 Jun 2026 | 24.4× | 29.4× |
| 17 Jun 2026 | 26.5× | 29.4× |
| 19 Jun 2026 | 29.4× | 29.4× |
| 24 Jun 2026 | 29.3× | 29.4× |
| 25 Jun 2026 | 29.2× | 29.4× |
| 1 Jul 2026 | 29.5× | 29.4× |
| 3 Jul 2026 | 27.2× | 29.4× |
| 10 Jul 2026 | 26.0× | 29.4× |
| 17 Jul 2026 | 24.8× | 29.4× |
| 24 Jul 2026 | 23.3× | 29.4× |
| 31 Jul 2026 | 23.1× | 29.4× |
| 7 Aug 2026 | 23.0× | 29.4× |
| 14 Aug 2026 | 21.6× | 29.4× |
| 21 Aug 2026 | 22.2× | 29.4× |
| 28 Aug 2026 | 24.1× | 29.4× |
| 4 Sep 2026 | 24.2× | 29.4× |
| 11 Sep 2026 | 28.3× | 29.4× |
| 18 Sep 2026 | 28.9× | 29.4× |
| 25 Sep 2026 | 26.8× | 29.4× |
| 1 Oct 2026 | 27.2× | 29.4× |
| 9 Oct 2026 | 28.7× | 29.4× |
| 16 Oct 2026 | 27.6× | 29.4× |
| 23 Oct 2026 | 24.1× | 29.4× |
| 30 Oct 2026 | 24.2× | 29.4× |
Earnings per share, 12 months
- Earnings per share, 12 months ₹35
| Week | Earnings per share, 12 months |
|---|---|
| 1 Nov 2024 | – |
| 8 Nov 2024 | – |
| 14 Nov 2024 | – |
| 22 Nov 2024 | – |
| 29 Nov 2024 | – |
| 6 Dec 2024 | – |
| 13 Dec 2024 | – |
| 20 Dec 2024 | – |
| 27 Dec 2024 | ₹19 |
| 3 Jan 2025 | ₹19 |
| 10 Jan 2025 | ₹19 |
| 17 Jan 2025 | ₹19 |
| 24 Jan 2025 | ₹19 |
| 1 Feb 2025 | ₹19 |
| 7 Feb 2025 | ₹19 |
| 14 Feb 2025 | ₹19 |
| 21 Feb 2025 | ₹19 |
| 28 Feb 2025 | ₹19 |
| 7 Mar 2025 | ₹19 |
| 13 Mar 2025 | ₹19 |
| 21 Mar 2025 | ₹19 |
| 28 Mar 2025 | ₹19 |
| 4 Apr 2025 | ₹19 |
| 11 Apr 2025 | ₹19 |
| 17 Apr 2025 | ₹19 |
| 25 Apr 2025 | ₹19 |
| 2 May 2025 | ₹19 |
| 9 May 2025 | ₹19 |
| 16 May 2025 | ₹19 |
| 23 May 2025 | ₹19 |
| 30 May 2025 | ₹19 |
| 6 Jun 2025 | ₹19 |
| 13 Jun 2025 | ₹19 |
| 20 Jun 2025 | ₹19 |
| 27 Jun 2025 | ₹28 |
| 4 Jul 2025 | ₹28 |
| 11 Jul 2025 | ₹28 |
| 18 Jul 2025 | ₹28 |
| 25 Jul 2025 | ₹28 |
| 1 Aug 2025 | ₹28 |
| 8 Aug 2025 | ₹28 |
| 14 Aug 2025 | ₹28 |
| 22 Aug 2025 | ₹28 |
| 29 Aug 2025 | ₹28 |
| 5 Sep 2025 | ₹28 |
| 12 Sep 2025 | ₹28 |
| 19 Sep 2025 | ₹28 |
| 26 Sep 2025 | ₹28 |
| 3 Oct 2025 | ₹28 |
| 10 Oct 2025 | ₹28 |
| 17 Oct 2025 | ₹28 |
| 24 Oct 2025 | ₹28 |
| 31 Oct 2025 | ₹28 |
| 7 Nov 2025 | ₹28 |
| 14 Nov 2025 | ₹28 |
| 21 Nov 2025 | ₹28 |
| 28 Nov 2025 | ₹28 |
| 5 Dec 2025 | ₹28 |
| 12 Dec 2025 | ₹28 |
| 19 Dec 2025 | ₹28 |
| 26 Dec 2025 | ₹32 |
| 2 Jan 2026 | ₹32 |
| 9 Jan 2026 | ₹32 |
| 16 Jan 2026 | ₹32 |
| 23 Jan 2026 | ₹32 |
| 1 Feb 2026 | ₹32 |
| 6 Feb 2026 | ₹32 |
| 13 Feb 2026 | ₹32 |
| 20 Feb 2026 | ₹32 |
| 27 Feb 2026 | ₹32 |
| 6 Mar 2026 | ₹32 |
| 13 Mar 2026 | ₹32 |
| 20 Mar 2026 | ₹32 |
| 27 Mar 2026 | ₹33 |
| 2 Apr 2026 | ₹33 |
| 10 Apr 2026 | ₹33 |
| 17 Apr 2026 | ₹33 |
| 24 Apr 2026 | ₹33 |
| 30 Apr 2026 | ₹33 |
| 8 May 2026 | ₹33 |
| 15 May 2026 | ₹33 |
| 22 May 2026 | ₹33 |
| 29 May 2026 | ₹33 |
| 4 Jun 2026 | ₹33 |
| 5 Jun 2026 | ₹33 |
| 10 Jun 2026 | ₹33 |
| 12 Jun 2026 | ₹33 |
| 17 Jun 2026 | ₹33 |
| 19 Jun 2026 | ₹33 |
| 24 Jun 2026 | ₹33 |
| 25 Jun 2026 | ₹35 |
| 1 Jul 2026 | ₹35 |
| 3 Jul 2026 | ₹35 |
| 10 Jul 2026 | ₹35 |
| 17 Jul 2026 | ₹35 |
| 24 Jul 2026 | ₹35 |
| 31 Jul 2026 | ₹35 |
| 7 Aug 2026 | ₹35 |
| 14 Aug 2026 | ₹35 |
| 21 Aug 2026 | ₹35 |
| 28 Aug 2026 | ₹35 |
| 4 Sep 2026 | ₹35 |
| 11 Sep 2026 | ₹35 |
| 18 Sep 2026 | ₹35 |
| 25 Sep 2026 | ₹35 |
| 1 Oct 2026 | ₹35 |
| 9 Oct 2026 | ₹35 |
| 16 Oct 2026 | ₹35 |
| 23 Oct 2026 | ₹35 |
| 30 Oct 2026 | ₹35 |
Why the multiple is where it is: over the past year earnings per share moved +26.3% while the price moved +9.6%. Earnings did better than the price, which pulled the multiple down within its own range.
In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.
Is the Danish Power business getting better or worse?
Danish Power Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +22.0% in FY26, profit +25.5%
- Revenue growth 22.0%
| Quarter | Revenue growth |
|---|---|
| FY24 | – |
| FY25 | 28.6% |
| FY26 | 22% |
Profit growth, EPS growth
- Profit growth 25.5%
- EPS growth 26.3%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY24 | – | – |
| FY25 | 44.7% | – |
| FY26 | 25.5% | 26.3% |
Three growth lines over twelve quarters
- Revenue 18.3%
| Quarter | Revenue |
|---|---|
| Sep 2024 | – |
| Mar 2025 | – |
| Sep 2025 | 29.3% |
| Mar 2026 | 18.3% |
Profit
- Profit 14.3%
| Quarter | Profit |
|---|---|
| Sep 2024 | – |
| Mar 2025 | – |
| Sep 2025 | 45% |
| Mar 2026 | 14.3% |
ROCE: the return line, yearly figures
- ROCE 22%
| Quarter | ROCE |
|---|---|
| FY25 | 36% |
| FY26 | 22% |
Why it matters: with too little history, we say so rather than guess a direction.
One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.
The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +22.0% | — | — | — |
| Profit | +25.5% | — | — | — |
| EPS | +26.3% | — | — | — |
| Share price | +9.6% | — | — | — |
How much does Danish Power earn on its capital?
Danish Power Ltd earned a ROCE of 22% in FY26. Its return on capital used (ROIC) is 5.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 13.2% net margin and 0.90× asset turnover (sales divided by assets).
Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.
Why the return is what it is (FY26): a 13.2% net margin × 0.90× asset turnover × 1.25× leverage (assets divided by equity) ≈ 14.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 17.6% − 12.0% = +5.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.
The 17.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 21.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY26: ROCE 22%, the full history
- ROCE 22%
- ROIC (annual) 21.3%
- Cost of capital 12%
| Quarter | ROCE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY25 | 36% | 34.6% | 12% |
| FY26 | 22% | 21.3% | 12% |
H2 FY26: ROCE 17.9% (last 12 months)
- ROCE (12 months) 17.9%
| Quarter | ROCE (12 months) |
|---|---|
| H1 FY25 | 28.2% |
| H2 FY25 | 24.3% |
| H1 FY26 | 25.3% |
| H2 FY26 | 17.9% |
Does Danish Power have too much debt?
Danish Power Ltd has total debt of ₹2.0 Cr against shareholder equity of ₹461 Cr as of Mar 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.01 in FY25 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY26: debt ₹2.0 Cr, 0.00× equity
- Total debt ₹2.0
| Quarter | Total debt |
|---|---|
| FY25 | ₹4 |
| FY26 | ₹2 |
Debt-to-equity
- Debt-to-equity 0.00×
| Quarter | Debt-to-equity |
|---|---|
| FY25 | 0.01× |
| FY26 | 0.00× |
Mar 2026: debt ₹2.0 Cr, debt-to-equity 0.00
- Total debt (quarterly) ₹2.0
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2024 | ₹35 |
| Mar 2025 | ₹4 |
| Sep 2025 | ₹3 |
| Mar 2026 | ₹2 |
Debt-to-equity
- Debt-to-equity 0.00×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2024 | 0.34× |
| Mar 2025 | 0.01× |
| Sep 2025 | 0.01× |
| Mar 2026 | 0.00× |
What is the Danish Power shareholding pattern?
Domestic institutions cut their stake in Danish Power Ltd by 5.2 percentage points over 4 quarters, the biggest change among its owners. Domestic institutions now own 4.3% of the company. Foreign institutions moved −2.6 points over the same period, to 0.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.
Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.
Over the last two years: Domestic institutions: −5.2 points over 4 quarters, to 4.3%; Foreign institutions: −2.6 points over 4 quarters, to 0.2%; Promoters: +0.1 points over 4 quarters, to 73.6%.
Why the owners changed: domestic institutions drove it (−5.2 points), together with foreign institutions (−2.6 points). They reduced their stake.
Year ends: promoters +0.1 points from Mar 2025 to Mar 2026
- Promoters 73.62%
- Foreign inst. 0.27%
- Domestic inst. 4.01%
- Public 22.11%
| Quarter | Promoters | Foreign inst. | Domestic inst. | Public |
|---|---|---|---|---|
| Mar 2025 | 73.55% | 0.32% | 5.11% | 21.02% |
| Mar 2026 | 73.62% | 0.27% | 4.01% | 22.11% |
Domestic institutions cut their stake by 5.2 points over 4 quarters
- Promoters 73.62%
- Foreign inst. 0.22%
- Domestic inst. 4.34%
- Public 21.81%
| Quarter | Promoters | Foreign inst. | Domestic inst. | Public |
|---|---|---|---|---|
| Oct 2024 | 73.55% | 2.87% | 9.58% | 14% |
| Mar 2025 | 73.55% | 0.32% | 5.11% | 21.02% |
| Sep 2025 | 73.55% | 0.26% | 4.52% | 21.67% |
| Mar 2026 | 73.62% | 0.27% | 4.01% | 22.11% |
| Sep 2026 | 73.62% | 0.22% | 4.34% | 21.81% |
How far is Danish Power from balance-sheet trouble?
For Danish Power Ltd, the Z-score is 10.89. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 10.89 is well clear of the danger zone, so the balance sheet is not the risk here.
How does Danish Power rank in its industry?
52.9 out of 100, rank 11 of 12 in Capital Goods - Transformers, with 32% of the evidence available. It is provisional, so it is ranked below companies with full evidence.
Danish Power Ltd scores 52.9 out of 100 against the 12 companies it is compared with in Capital Goods - Transformers, ranking 11. Some evidence is missing, so the score is pulled toward the middle on purpose.
The four parts add up to the total exactly: 16.4 + 14.5 + 11 + 11 = 52.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Danish Power compared with?
Danish Power ranks 11 of 12 Capital Goods - Transformers companies on the 4-Factor Sector Score, with 52.9 out of 100.
- 1Indo Tech Transformers LtdINDOTECH · losing its lead · Most evidence points up · 96% evidence72.0out of 100
How the score adds up
Growth & earnings 22.9/35 · Revenue 22.1% · Profit 29.9% · Operating margin change -1 points · 88% evidenceCapital efficiency 20.2/25 · ROCE 40.4% · Operating margin 14% · 100% evidenceValuation 15.5/20 · P/E 29× · PEG 0.74 · 100% evidenceRelative strength 13.4/20 · Lead over its industry 6.5% · Lead over NIFTY 500 20.6% · 1 year 60.8% · 100% evidence · 8 of 12 weeks aheadExact sum: 22.9 + 20.2 + 15.5 + 13.4 = 72 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2Supreme Power Equipment LtdSUPREMEPWR · turning · Evidence leans up · 78% evidence62.2out of 100
How the score adds up
Growth & earnings 16.2/35 · Revenue 23.9% · Profit 3.6% · Operating margin change -1.4 points · 83% evidenceCapital efficiency 14.9/25 · ROCE 22% · Operating margin 17.3% · 76% evidenceValuation 11.8/20 · P/E 24.6× · PEG — · 50% evidenceRelative strength 19.3/20 · Lead over its industry 4.9% · Lead over NIFTY 500 22.3% · 1 year 17.4% · 100% evidence · 4 of 12 weeks aheadExact sum: 16.2 + 14.9 + 11.8 + 19.3 = 62.2 · What this means: Relative strength against the index is 22.3%, and revenue and profit growth are weak. - 3CG Power & Industrial Solutions LtdCGPOWER · turning · Evidence leans up · 100% evidence57.4out of 100
How the score adds up
Growth & earnings 27.5/35 · Revenue 23.8% · Profit 28.3% · Operating margin change 1 points · 100% evidenceCapital efficiency 18.8/25 · ROCE 26.7% · Operating margin 14% · 100% evidenceValuation 4.3/20 · P/E 90.6× · PEG 6.43 · 100% evidenceRelative strength 6.8/20 · Lead over its industry -8% · Lead over NIFTY 500 7.2% · 1 year 9.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 27.5 + 18.8 + 4.3 + 6.8 = 57.4 · What this means: Earnings are strong; relative strength in its sector is -8% and the one-year return is 9.1%. - 4Transformers & Rectifiers India LtdTARIL · turning · Evidence leans up · 75% evidence57.3out of 100
How the score adds up
Growth & earnings 23.1/35 · Revenue 27.3% · Profit 23.3% · Operating margin change 6 points · 95% evidenceCapital efficiency 14.6/25 · ROCE 23.3% · Operating margin 17% · 76% evidenceValuation 10.1/20 · P/E 29.4× · PEG — · 15% evidenceRelative strength 9.5/20 · Lead over its industry -11.3% · Lead over NIFTY 500 4.6% · 1 year -32.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 23.1 + 14.6 + 10.1 + 9.5 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5Marsons LtdMARSONS · breaking out · Evidence leans up · 81% evidence52.3out of 100
How the score adds up
Growth & earnings 20.3/35 · Revenue 33.5% · Profit 43.6% · Operating margin change -0.9 points · 88% evidenceCapital efficiency 13.7/25 · ROCE 24.4% · Operating margin 14.7% · 100% evidenceValuation 7.0/20 · P/E 57.8× · PEG 7.62 · 100% evidenceRelative strength 11.3/20 · Lead over its industry — · Lead over NIFTY 500 14.1% · 1 year -13.7% · 25% evidence · 9 of 12 weeks aheadExact sum: 20.3 + 13.7 + 7 + 11.3 = 52.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Voltamp Transformers LtdVOLTAMP · breaking out · Evidence leans down · 100% evidence44.8out of 100
How the score adds up
Growth & earnings 13.9/35 · Revenue 22.8% · Profit -1.8% · Operating margin change -4 points · 100% evidenceCapital efficiency 15.6/25 · ROCE 23.5% · Operating margin 15% · 100% evidenceValuation 3.2/20 · P/E 32.4× · PEG 4.92 · 100% evidenceRelative strength 12.1/20 · Lead over its industry 0.3% · Lead over NIFTY 500 16.9% · 1 year 39.8% · 100% evidence · 11 of 12 weeks aheadExact sum: 13.9 + 15.6 + 3.2 + 12.1 = 44.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 7Ujaas Energy LtdUEL · leader · Evidence leans down · 77% evidence43.8out of 100
How the score adds up
Growth & earnings 13.4/35 · Revenue -26% · Profit -3.5% · Operating margin change 9.5 points · 100% evidenceCapital efficiency 6.8/25 · ROCE 3.9% · Operating margin 20.4% · 100% evidenceValuation 8.5/20 · P/E 378× · PEG — · 15% evidenceRelative strength 15.1/20 · Lead over its industry 4.4% · Lead over NIFTY 500 21.2% · 1 year 58.8% · 70% evidence · 12 of 12 weeks aheadExact sum: 13.4 + 6.8 + 8.5 + 15.1 = 43.8 · What this means: Relative strength against the index is 21.2%, and revenue and profit growth are weak. - 8Bharat Bijlee LtdBBL · turning · Evidence leans down · 100% evidence40.2out of 100
How the score adds up
Growth & earnings 19.5/35 · Revenue 26.4% · Profit -11.6% · Operating margin change 1 points · 100% evidenceCapital efficiency 4.9/25 · ROCE 8.4% · Operating margin 8% · 100% evidenceValuation 10.7/20 · P/E 20.3× · PEG 4.48 · 100% evidenceRelative strength 5.1/20 · Lead over its industry -20.6% · Lead over NIFTY 500 -5.2% · 1 year -22.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 19.5 + 4.9 + 10.7 + 5.1 = 40.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9Schneider Electric Infrastructure LtdSCHNEIDER · quiet · Evidence leans down · 96% evidence35.2out of 100
How the score adds up
Growth & earnings 7.2/35 · Revenue 9.5% · Profit -29.9% · Operating margin change -6 points · 88% evidenceCapital efficiency 15.5/25 · ROCE 29.6% · Operating margin 5% · 100% evidenceValuation 5.8/20 · P/E 135× · PEG 2.78 · 100% evidenceRelative strength 6.7/20 · Lead over its industry -5.2% · Lead over NIFTY 500 9% · 1 year 30.7% · 100% evidence · 1 of 12 weeks aheadExact sum: 7.2 + 15.5 + 5.8 + 6.7 = 35.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 10Shilchar Technologies LtdSHILCTECH · quiet · Most evidence points down · 82% evidence33.1out of 100
How the score adds up
Growth & earnings 3.6/35 · Revenue -9.2% · Profit -29.9% · Operating margin change -10 points · 95% evidenceCapital efficiency 21.2/25 · ROCE 50.7% · Operating margin 21% · 76% evidenceValuation 7.2/20 · P/E 32.8× · PEG — · 50% evidenceRelative strength 1.1/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -7.7% · 1 year -17.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 3.6 + 21.2 + 7.2 + 1.1 = 33.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11Danish Power Ltd this pageDANISH · breaking out · Too little evidence to rank firmly · 32% evidence52.9out of 100
How the score adds up
Growth & earnings 16.4/35 · Revenue — · Profit — · Operating margin change -2 points · 15% evidenceCapital efficiency 14.5/25 · ROCE 22.2% · Operating margin 18% · 75% evidenceValuation 11.0/20 · P/E 24.2× · PEG — · 15% evidenceRelative strength 11.0/20 · Lead over its industry — · Lead over NIFTY 500 13.1% · 1 year 1.1% · 25% evidence · 6 of 12 weeks aheadExact sum: 16.4 + 14.5 + 11 + 11 = 52.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. - 12Vilas Transcore LtdVILAS · breaking out · Too little evidence to rank firmly · 32% evidence45.6out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Capital Goods - Transformers, all 12 compared on one page.
Which companies are close to Danish Power in size?
Danish Power is the 10th largest of 12 Capital Goods - Transformers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Indo Tech Transformers, Bharat Bijlee, Marsons and Ujaas Energy. Just below it: Vilas Transcore and Supreme Power Equipment.
Capital Goods - Transformers companies close in size
- Indo Tech Transformers Ltd ₹2,884 crore
- Bharat Bijlee Ltd ₹2,634 crore
- Marsons Ltd ₹2,558 crore
- Ujaas Energy Ltd ₹2,485 crore
- Danish Power Ltd ₹1,673 crore
- Vilas Transcore Ltd ₹827 crore
- Supreme Power Equipment Ltd ₹606 crore
All 12 Capital Goods - Transformers companies, largest first
Companies close in size in other industries
- MSP Steel & Power Ltd ₹1,680 crore · Steel - Sponge Iron
- AWFIS Space Solutions Ltd ₹1,674 crore · Realty - CoWorking
- Danish Power Ltd ₹1,673 crore
- Creative Newtech Ltd ₹1,670 crore · E-Commerce - Platform - Utility
- Keltech Energies Ltd ₹1,669 crore · Industrial Explosives
What else do people ask about Danish Power?
What is Danish Power's share price today?
Danish Power Ltd's share price is ₹875.30, +9.6% over the past year. The whole company is worth ₹1,723 Cr on the market.
In the last 52 weeks it traded between ₹584 to ₹1,036; today it is 64% of the way up from the low, 2.4% above its 200-day average (as of 4 November 2026).
What were Danish Power's latest quarterly results?
Danish Power Ltd reported revenue of ₹310 Cr and net profit of ₹40.0 Cr for the Mar 2026 quarter. Revenue rose 18.3% and profit rose 14.3% compared with a year earlier. Earnings per share were ₹20.56.
The operating margin was 18.0%, 2.0 percentage points lower than a year earlier (as of 4 November 2026).
What is Danish Power's market cap?
Danish Power Ltd's market capitalisation is ₹1,723 Cr at a share price of ₹875.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Danish Power performing?
Danish Power Ltd's share price has been rising for 23 weeks. In its latest quarter, revenue rose 18.3% and profit rose 14.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 6 weeks running (as of 4 November 2026).
Will Danish Power's share price go up?
This page does not forecast Danish Power Ltd's share price. What it shows instead: the share price is ₹875.30, and it has been rising for 23 weeks. Its P/E of 24.9× is higher than 35% of its own last 2 years (as of 4 November 2026).
Who owns Danish Power?
Promoters own 73.6% of Danish Power Ltd, foreign institutions 0.2%, domestic institutions 4.3% and the public 21.8% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 5.2 percentage points over 4 quarters (as of 4 November 2026).
Does Danish Power have too much debt?
No, Danish Power Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 46 times its interest bill. FY26 borrowings were ₹2.0 Cr against equity of ₹462 Cr.
So the returns on this page come from the business, not borrowed money (as of 4 November 2026).
Where is Danish Power in its business cycle?
Danish Power Ltd's FY26 operating margin was 18.0%, against a 3-year range of 17.0% to 19.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.0%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Danish Power story?
The main question: profits are rising, but only 33% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Danish Power a stock worth studying right now?
What the numbers show: Danish Power Ltd's results are improving, while its P/E is near the low end of its own history over 2 years, higher than only 35% of past readings. The main open question: whether the cash starts to follow the profit.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Is there a Danish Power share price forecast for 2026?
What management itself guided: FY27 revenue to exceed ₹700 crore.
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
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