# Divine Power Energy share price today (Divine Power Energy Ltd, NSE: DPEL)

> Divine Power Energy share price today: ₹622.00 at the NSE close on 3 November 2026, up 115.9% in a year. Divine Power Energy (NSE: DPEL) is worth ₹1,554 crore, trades at a P/E of 76.1 and has closed between ₹248.75 and ₹648.50 over the past 52 weeks. > Divine Power Energy Ltd is reporting record margins. DPEL · Metals · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/divine-power-energy-ltd

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## Key numbers

- Price: ₹622.00 (+115.9% in a year)
- P/E: 76.1× (higher than 78% of the last 2.3 years)
- Revenue (Mar 2026): ₹236 Cr (+19.2% on a year ago)
- Profit (Mar 2026): ₹16.0 Cr (+220.0% on a year ago)
- Operating margin: 11.0% (+6.0 points on a year ago)
- ROCE: 19%, FY26
- ROIC: 12.3%, against a 12.0% cost of capital: +0.3 points
- Profit that came in as cash: −109%, last 3 years

The main question: profits are rising, but only −109% 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. ## What is the Divine Power Energy share price today? Divine Power Energy Ltd's share price was ₹622.00 at the close on 3 November 2026. It has been rising for 80 weeks. That is 26.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹249 and ₹649, and at that close it sat 93% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 19 weeks in a row. Over the last 2.3 years the share price moved +376% 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 Divine Power Energy this quarter? Three changes stood out: revenue up on a year earlier for 4 quarters in a row (every quarter we can compare), profit up on a year earlier for 4 quarters in a row (every quarter we can compare) and operating margin up 6 points on a year earlier. 1. Revenue up on a year earlier for 4 quarters in a row (every quarter we can compare) In the March 2026 quarter revenue was ₹236 crore, +19.2% on a year earlier. 2. Profit up on a year earlier for 4 quarters in a row (every quarter we can compare) In the March 2026 quarter profit was ₹16 crore, +220% on a year earlier. 3. Operating margin up 6 points on a year earlier 11% in the March 2026 quarter, from 5%. ## What are Divine Power Energy's latest quarterly results? For January to March 2026 (the quarter ended 31 March 2026), Divine Power Energy reported revenue of ₹236 crore, up 19.2% from ₹198 crore a year earlier, and a profit of ₹16.0 crore, up 220.0% from ₹5.00 crore. ### Divine Power Energy results: January to March 2026 against a year earlier

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹236 crore | ₹198 crore | +19.2% |
| Profit | ₹16.0 crore | ₹5.00 crore | +220.0% |
| Earnings per share | ₹6.28 | ₹1.96 | +220.4% |
| Operating margin | 11.0% | 5.0% | +6.0 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. The newest call in our records is from 25 September 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.)

## What is the Divine Power Energy share price history? Divine Power Energy closed at ₹622.00 on 3 November 2026, up 115.9% from ₹288.15 a year earlier (31 October 2025). Its highest weekly close since July 2024 was ₹648.50 on 18 September 2026. ### Divine Power Energy share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹584.55 | +6.4% |
| 1 month ago · 1 Oct 2026 | ₹618.75 | +0.5% |
| 6 months ago · 30 Apr 2026 | ₹497.05 | +25.1% |
| 1 year ago · 31 Oct 2025 | ₹288.15 | +115.9% |
| Earliest weekly close in our records · 5 Jul 2024 | ₹130.65 | +376.1% |
| Highest weekly close since July 2024, also the 52-week high · 18 Sep 2026 | ₹648.50 | −4.1% |
| Lowest weekly close since July 2024 · 4 Oct 2024 | ₹70.60 | +781.0% |
| 52-week low (weekly close) · 5 Dec 2025 | ₹248.75 | +150.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (130 weekly closes from 5 July 2024 to 3 November 2026.)

## What is the latest news on Divine Power Energy? 3 Nov 2026: Divine Power Energy closed at ₹622.00, up 6.4% on the week and up 0.5% on the month. 25 Sep 2026: Divine Power Energy held its results call for April to June 2026. Management guided: 2028 financials more than twice current figures. ### Earlier

- Results for January to March 2026: Revenue up 19.2% and profit up 220.0% on a year earlier. ## What dividend does Divine Power Energy pay? Divine Power Energy has paid no dividend on the NSE since its first NSE close in our records (5 July 2024), the start of the period we checked. No. Divine Power Energy Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Divine Power Energy management say on the latest results call? On the call for April to June 2026, held on 25 September 2026, Divine Power Energy's management guided: 2028 financials more than twice current figures. > “We expect that in 2028 we will become more than twice our current size.”
> Rajesh Giri, on the call for April to June 2026

### What management guided

- Viraj Upkram merger expected to complete in the next financial year. - CTC pilot production planned by December, subject to realization. - After pilot validation, three additional CTC machines planned; customers described as prepared to place orders equivalent to four times pilot capacity. - Operating margin over the next two years broadly in line with past trends. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/57846-25-Sep-2026.pdf). (From the call for April to June 2026, 25 September 2026.)

## What to watch in Divine Power Energy's next results? When Divine Power Energy reports April to June 2026, these are the 4 checks that show whether the story is still on course. First: CTC installation and customer demand - check commercial production, purchase-order conversion, and pilot utilization against stated expectations. - What to check (from the call)
- CTC installation and customer demand - check commercial production, purchase-order conversion, and pilot utilization against stated expectations. - Viraj merger - check approval progress and whether overlapping operations are consolidated. - Fresh-order intake and order-book duration - check whether new orders are quantified and product waiting periods extend. - Middle East exhibition leads - check conversion into export orders rather than continued negligible contribution. ## Which stock lists is Divine Power Energy on? Divine Power Energy is on 2 of our India lists: Momentum stocks and Copper & metal stocks. - [Momentum stocks Market cap cr: 1408.7957119391372](https://www.sectoralpha.in/momentum-stocks-india)
- [Copper & metal stocks Group on the list: Copper and copper products](https://www.sectoralpha.in/copper-stocks-india)

## Is Divine Power Energy profitable? Divine Power Energy Ltd earned ₹16.0 Cr of net profit in the Mar 2026 quarter, +220.0% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was ₹20.0 Cr. Over 5 years profit has grown 82.1% a year on average. That is 6.8% of the quarter's revenue. The same quarter a year earlier earned ₹4.0 Cr. For the full year, FY26 profit was ₹20.0 Cr (+122.2% on the year before). Why profit moved: revenue changed +19.2% on a year earlier and the margin moved +6.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +92.5% and revenue +37.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Divine Power Energy make, and is it growing? Divine Power Energy Ltd reported ₹236 Cr of revenue in the Mar 2026 quarter, +19.2% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 5 years it has grown 29.1% a year on average. The last full year, FY26, came in at ₹416 Cr. FY26 revenue was ₹416 Cr, +21.6% on the year before. Recent pace: the last four quarters grew +37.6% on average, against 29.1% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every ₹100 of sales does Divine Power Energy keep? Divine Power Energy Ltd's operating margin was 11.0% in the Mar 2026 quarter, 6.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Over the last four quarters it has moved +4.0 percentage points. Across 6 years it has been between 4.4% and 8.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +3.4 percentage points on the year while gross margin changed +4.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Divine Power Energy's profit turning into cash? Over the last 3 years Divine Power Energy Ltd's operations used more cash than they brought in, so cash conversion was −109%, a gap worth watching. In FY26 its operations used ₹16.0 Cr of cash, against ₹20.0 Cr of profit. After ₹5.0 Cr of spending on assets, free cash was −₹21.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −109% of profit came in as cash: the cash cycle stayed about the same between FY21 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 2.0× depreciation over three years. The next section checks what that spending is building. ## Where does Divine Power Energy's cash go? Divine Power Energy Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 113 days in FY26, down from 114 days in FY21. It spent ₹8.0 Cr on assets over the last 3 years. Customers take 50 days to pay, and stock sits for 91 days on average. At FY26 sales of ₹416 Cr, each day of that cycle ties up about ₹1.1 Cr, so roughly ₹129 Cr is tied up in the business at any time. FY26: customers took 50 days to pay and stock sat for 91 days, about 3.0 months of sales sitting as stock, for a full cycle of 113 days, shorter than FY21's 114. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 91 days. Customers pay about 50 days after that. Suppliers are paid at 28 days. Together that makes the 113-day cycle. Spending on assets: ₹8.0 Cr over the last 3 years, against ₹4.0 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 ₹0.0 Cr (FY26): assets paid for that are not earning yet. 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 Divine Power Energy's P/E ratio, and how does it compare with its own history? Divine Power Energy Ltd's P/E is 76.1×, near the high end of its own history: higher than 78% of past readings. Its usual P/E (the middle reading) is 62.8×, over 2.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +112.5% while the price moved +115.9%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Divine Power Energy business getting better or worse? Divine Power Energy 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. This is based on 4 quarters of 1 measure, with some gaps. 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. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Divine Power Energy earn on its capital? Divine Power Energy Ltd earned a ROCE of 19% in FY26. That is up from a low of 9% in FY22. Its return on capital used (ROIC) is 0.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 4.8% net margin and 1.61× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.8% net margin × 1.61× asset turnover × 2.10× leverage (assets divided by equity) ≈ 16.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 12.3% − 12.0% = +0.3 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. Positive but thin: it creates value with little room for error. The 12.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 15.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Divine Power Energy have too much debt? Divine Power Energy Ltd has total debt of ₹156 Cr against shareholder equity of ₹129 Cr as of Mar 2026, so its debt is 1.21× its equity. Year by year, that ratio went from 2.23 in FY24 to 1.21 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Divine Power Energy shareholding pattern? Promoters cut their stake in Divine Power Energy Ltd by 10.3 percentage points over 5 quarters, the biggest change among its owners. Promoters now own 63.2% of the company. Domestic institutions moved −1.9 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −10.3 points over 5 quarters, to 63.2%; Domestic institutions: −1.9 points over 5 quarters, to 0.0%; Foreign institutions: −0.5 points over 5 quarters, to 0.1%. Why the owners changed: promoters drove it (−10.3 points), together with domestic institutions (−1.9 points). They reduced their stake. ## How far is Divine Power Energy from balance-sheet trouble? For Divine Power Energy Ltd, the Z-score is 4.26. 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. Why it matters: a Z-score of 4.26 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Divine Power Energy rank in its industry? 61.8 out of 100, rank 3 of 3 in Metals, with 44% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Divine Power Energy Ltd scores 61.8 out of 100 against the 3 companies it is compared with in Metals, ranking 3. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 20.2 + 15 + 10 + 16.6 = 61.8. 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 Divine Power Energy compared with? Divine Power Energy ranks 3 of 3 Metals companies on the 4-Factor Sector Score, with 61.8 out of 100. 1. [Hindustan Copper Ltd](https://www.sectoralpha.in/stocks/hindustan-copper-ltd) HINDCOPPER · quiet · Most evidence points up · 78% evidence 75.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/35 · Revenue 67.1% · Profit 100% · Operating margin change 13 points · 88% evidence Capital efficiency 24.0/25 · ROCE 42.4% · Operating margin 54% · 100% evidence Valuation 11.1/20 · P/E 32.1× · PEG 1.97 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.4% · 1 year 17.8% · 25% evidence · 1 of 12 weeks ahead Exact sum: 32.8 + 24 + 11.1 + 7.5 = 75.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Hindustan Zinc Ltd](https://www.sectoralpha.in/stocks/hindustan-zinc-ltd) HINDZINC · losing its lead · Most evidence points up · 79% evidence 73.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.1/35 · Revenue 56.9% · Profit 97.2% · Operating margin change 9 points · 95% evidence Capital efficiency 22.0/25 · ROCE 69.5% · Operating margin 61% · 76% evidence Valuation 11.5/20 · P/E 10.3× · PEG n/a · 35% evidence Relative strength 6.0/20 · Lead over its industry -12.7% · Lead over NIFTY 500 -6.7% · 1 year 6.1% · 100% evidence · 5 of 12 weeks ahead Exact sum: 34.1 + 22 + 11.5 + 6 = 73.6 · What this means: Earnings are strong; relative strength in its sector is -12.7% and the one-year return is 6.1%. 3. Divine Power Energy Ltd this page DPEL · leader · Too little evidence to rank firmly · 44% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Revenue n/a · Profit n/a · Operating margin change 6 points · 15% evidence Capital efficiency 15.0/25 · ROCE 18.8% · Operating margin 11% · 75% evidence Valuation 10.0/20 · P/E 70.7× · PEG n/a · 0% evidence Relative strength 16.6/20 · Lead over its industry 32.4% · Lead over NIFTY 500 36.3% · 1 year 100.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.2 + 15 + 10 + 16.6 = 61.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 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: [Metals](https://www.sectoralpha.in/sectors/metals), all 3 compared on one page. ## Which companies are close to Divine Power Energy in size? Divine Power Energy is the 3rd largest of 3 Metals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Hindustan Zinc and Hindustan Copper. It is the smallest. ### Metals companies close in size

1. [Hindustan Zinc Ltd](https://www.sectoralpha.in/stocks/hindustan-zinc-ltd) ₹2,13,717 crore
2. [Hindustan Copper Ltd](https://www.sectoralpha.in/stocks/hindustan-copper-ltd) ₹38,763 crore
3. Divine Power Energy Ltd ₹1,444 crore

[All 3 Metals companies, largest first](https://www.sectoralpha.in/sectors/metals#all-companies)

### Companies close in size in other industries

1. [Citurgia Biochemicals Ltd](https://www.sectoralpha.in/stocks/citurgia-biochemicals-ltd) ₹1,449 crore · Chemicals - Organic
2. [BF Investment Ltd](https://www.sectoralpha.in/stocks/bf-investment-ltd) ₹1,448 crore · Finance & Investments - Others
3. Divine Power Energy Ltd ₹1,444 crore
4. [Magellanic Cloud Ltd](https://www.sectoralpha.in/stocks/magellanic-cloud-ltd) ₹1,440 crore · IT - Software
5. [Texmaco Infrastructure & Holdings Ltd](https://www.sectoralpha.in/stocks/texmaco-infrastructure-holdings-ltd) ₹1,439 crore · Diversified

## What else do people ask about Divine Power Energy? ### What is Divine Power Energy's share price today? Divine Power Energy Ltd's share price is ₹622.00, +115.9% over the past year. The whole company is worth ₹1,554 Cr on the market. In the last 52 weeks it traded between ₹249 to ₹649; today it is 93% of the way up from the low, 26.6% above its 200-day average (as of 3 November 2026). ### What were Divine Power Energy's latest quarterly results? Divine Power Energy Ltd reported revenue of ₹236 Cr and net profit of ₹16.0 Cr for the Mar 2026 quarter. Revenue rose 19.2% and profit rose 220.0% compared with a year earlier. Earnings per share were ₹6.28. The operating margin was 11.0%, 6.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Divine Power Energy's market cap? Divine Power Energy Ltd's market capitalisation is ₹1,554 Cr at a share price of ₹622.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Divine Power Energy performing? Divine Power Energy Ltd's share price has been rising for 80 weeks. In its latest quarter, revenue rose 19.2% and profit rose 220.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 19 weeks running (as of 3 November 2026). ### Will Divine Power Energy's share price go up? This page does not forecast Divine Power Energy Ltd's share price. What it shows instead: the share price is ₹622.00, and it has been rising for 80 weeks. Its P/E of 76.1× is higher than 78% of its own last 2 years (as of 3 November 2026). ### Who owns Divine Power Energy? Promoters own 63.2% of Divine Power Energy Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 36.7% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 10.3 percentage points over 5 quarters (as of 3 November 2026). ### Does Divine Power Energy have too much debt? Divine Power Energy Ltd has a moderate amount of debt: its debt is 0.80× its equity, and its operating profit is 4 times its interest bill. FY26 borrowings were ₹98.0 Cr against equity of ₹123 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Divine Power Energy in its business cycle? Divine Power Energy Ltd's FY26 operating margin was 8.0%, against a 6-year range of 4.4% to 8.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 11.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Divine Power Energy story? The main question: profits are rising, but only −109% 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 3 November 2026). ### Is Divine Power Energy a stock worth studying right now? What the numbers show: Divine Power Energy Ltd is reporting record margins. 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 3 November 2026). ### Is there a Divine Power Energy share price forecast for 2026? What management itself guided: 2028 financials more than twice current figures. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Copper & metal stocks: https://www.sectoralpha.in/copper-stocks-india

This is research, not advice. We’re not SEBI-registered.