Danish Power Ltd.

•

danish.co.inBSE: -NSE: DANISH

Market Cap₹ 1,678 Cr.

Current Price

High / Low₹ 1,095 / 550

Stock P/E24.0

Book Value₹ 232

Price to Book2.41

Dividend Yield0.23 %

ROCE22.5 %

ROE17.1 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Transformers: 93.0% • Panels: 7.0%

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence

72%

View full sector analysis →

PROS

Company is almost debt free
Company has a healthy return on capital (ROCE) of 43.2%
Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
Operating margins have improved to 17.4% from 9.0%
Company comfortably covers its interest (49.9x coverage)
Working capital cycle has improved - days down from 205 to 167

CONS

Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.31x)
Equity base is being diluted - shares outstanding up 1123.6%
Though reporting repeated profits, the company pays out little dividend (5.6%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsCapital GoodsElectric Equipment

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	ABB	7439.00	52.76	157638.64	0.53	3623.00	930.02	35588.70	1110.31	30.18	12.56
2.	POWERINDIA	32200.00	124.76	143523.01	0.02	2941.50	2135.18	24936.90	1586.18	28.73	14.58
3.	SIEMENS	4025.00	43.76	143338.50	0.45	214.31	-49.38	4713.70	8.44	21.42	9.14
4.	CGPOWER	878.80	110.76	138450.55	0.15	308.28	15.52	3280.81	13.99	27.94	12.11
5.	ENRIN	3119.50	74.66	111091.79	0.13	440.90	67.83	2485.60	39.28	40.19	23.56
6.	GVT&D	4230.00	579.99	108307.68	0.24	362.99	24.65	1836.14	38.04	75.51	25.10
7.	HAVELLS	1195.00	45.92	74993.62	0.84	289.71	-16.64	6518.19	19.48	25.74	7.15
8.	WAAREEENER	2583.00	19.47	74300.34	0.15	891.87	15.39	7931.79	79.22	39.73	18.15
9.	APARINDS	16805.15	59.56	70367.09	0.36	4674.50	1677.98	65910.60	1191.31	31.84	11.50
10.	SUZLON	45.50	19.89	62542.65	0.00	305.22	-5.89	3829.09	22.83	35.79	15.55
11.	SCHNEIDER	1167.70	151.94	27920.18	0.00	12.44	-69.84	651.36	4.78	31.01	5.23
12.	DANISH	852.25	24.33	1678.22	0.23	—	—	—	—	22.17	—

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	149	189	332	425	521
	139	173	277	343	430
Operating Profit	11	17	57	89	100
OPM %	8	9	17	21	19
Other Income	1	1	2	8	9
Interest	3	3	4	6	2
Depreciation	1	2	3	5	7
	7	12	50	78	91
Tax %	28	27	25	26	23
Net Profit	5	9	38	58	70
EPS	4	6	234	30	36
Dividend Payout %	0	0	0	5	6
Minority Interest	0	0	0	0	0
Share of Associates	0	0	0	0	0
Adjusted EPS	4	6	26	30	36

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 40%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 101%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: 1%

RETURN ON EQUITY

10 Years:: —
5 Years:: 28%
3 Years:: 34%
Last Year:: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-
Equity Capital	2	2	2	20	20
	34	42	81	343	436
	15	3	3	0	0
Trade Payables	41	34	30	38	41
	25	27	47	63	70
Total Liabilities	116	108	163	464	566
ASSETS	-	-	-	-	-
	16	30	35	83	178
Capital Work in Progress	7	1	0	13	15
	0	0	0	31	31
	31	38	49	89	91
	0	0	42	94	111
Cash & Bank	5	6	20	125	92
	57	33	16	30	49
Total Assets	116	108	163	464	566
Total Debt	28	14	13	4	2
Net Working Capital	27	25	54	239	238
Contingent Liabilities	0	0	52	0	0
Book Value per Share	220.52	273.78	511.84	184.23	231.51
Face Value	10.00	10.00	10.00	10.00	10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	6	17	26	-20	47
Cash from Investing	-8	-11	-7	-40	-73
Cash from Financing	2	-6	-4	165	-7
	-0	-0	14	105	-33
Free Cash Flow	6	6	19	-95	-67
OCF / Net Profit	1.21	1.96	0.68	-0.35	0.67
Cumulative 5-Year FCF	0	0	0	0	0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE
EPS (₹)	32.62	53.26	234.40	29.52	35.55
Book Value (₹)	220.52	273.78	511.84	184.23	231.51
Dividend per Share (₹)	0.00	0.00	0.00	1.50	2.00
Cash EPS (₹)	4.19	7.13	28.34	32.00	39.02
PROFITABILITY
Operating Margin %	7.51%	8.96%	16.58%	19.20%	17.37%
Net Margin %	3.53%	4.54%	11.35%	13.68%	13.44%
ROE %	14.79%	21.55%	59.67%	26.12%	17.10%
ROCE %	16.21%	24.88%	70.46%	36.47%	22.54%
	4.52%	7.64%	27.87%	18.54%	13.59%
EFFICIENCY
Debtor Days	129	77	38	59	72
Inventory Days	76	66	48	59	63
Payable Days	121	91	48	41	38
	84	52	38	77	97
FINANCIAL HEALTH
Debt to Equity (x)	0.80x	0.32x	0.16x	0.01x	0.00x
Interest Coverage (x)	3.36x	4.44x	15.29x	14.28x	49.94x
	1.40x	1.47x	1.75x	3.60x	3.45x
GROWTH
Revenue Growth %	0.00%	26.96%	76.19%	27.82%	22.57%
Operating Profit Growth %	0.00%	51.43%	238.96%	55.57%	11.96%
Net Profit Growth %	0.00%	63.29%	340.11%	54.10%	20.44%
	0.00%	0.00%	340.11%	-87.41%	20.44%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	27.00x	15.67x
P/B (x)	0.00x	0.00x	0.00x	4.33x	2.41x
Dividend Yield %	0.00%	0.00%	0.00%	0.19%	0.36%
	0.00x	0.00x	-0.10x	16.25x	10.09x

Shareholding Pattern

Numbers in percentages

	Mar 2025	Sep 2025	Mar 2026
	73.55	73.55	73.62
	0.31	0.26	0.27
	5.11	4.50	3.97
Government	0.00	0.00	0.00
	21.02	21.69	22.15

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for DANISH

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AI Stock Analyst

Danish Power Ltd.

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Free 5nance Account

Name

ABB

7439.00

52.76

157638.64

0.53

3623.00

930.02

35588.70

1110.31

30.18

12.56

POWERINDIA

32200.00

124.76

143523.01

0.02

2941.50

2135.18

24936.90

1586.18

28.73

14.58

SIEMENS

4025.00

43.76

143338.50

0.45

214.31

-49.38

4713.70

8.44

21.42

9.14

CGPOWER

878.80

110.76

138450.55

0.15

308.28

15.52

3280.81

13.99

27.94

12.11

ENRIN

3119.50

74.66

111091.79

0.13

440.90

67.83

2485.60

39.28

40.19

23.56

GVT&D

4230.00

579.99

108307.68

0.24

362.99

24.65

1836.14

38.04

75.51

25.10

HAVELLS

1195.00

45.92

74993.62

0.84

289.71

-16.64

6518.19

19.48

25.74

7.15

WAAREEENER

2583.00

19.47

74300.34

0.15

891.87

15.39

7931.79

79.22

39.73

18.15

APARINDS

16805.15

59.56

70367.09

0.36

4674.50

1677.98

65910.60

1191.31

31.84

11.50

SUZLON

45.50

19.89

62542.65

0.00

305.22

-5.89

3829.09

22.83

35.79

15.55

SCHNEIDER

1167.70

151.94

27920.18

0.00

12.44

-69.84

651.36

4.78

31.01

5.23

DANISH

852.25

24.33

1678.22

0.23

—

22.17

—

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

149

189

332

425

521

139

173

277

343

430

Operating Profit

100

OPM %

Other Income

Interest

Depreciation

Tax %

Net Profit

EPS

234

Dividend Payout %

Minority Interest

Share of Associates

Adjusted EPS

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

LIABILITIES

Equity Capital

343

436

Trade Payables

Total Liabilities

116

108

163

464

566

ASSETS

178

Capital Work in Progress

111

Cash & Bank

125

Total Assets

116

108

163

464

566

Total Debt

Net Working Capital

239

238

Contingent Liabilities

Book Value per Share

220.52

273.78

511.84

184.23

231.51

Face Value

10.00

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

-20

Cash from Investing

-8

-11

-7

-40

-73

Cash from Financing

-6

-4

165

-7

-0

105

-33

Free Cash Flow

-95

-67

OCF / Net Profit

1.21

1.96

0.68

-0.35

0.67

Cumulative 5-Year FCF

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

PER SHARE

EPS (₹)

32.62

53.26

234.40

29.52

35.55

Book Value (₹)

220.52

273.78

511.84

184.23

231.51

Dividend per Share (₹)

0.00

1.50

2.00

Cash EPS (₹)

4.19

7.13

28.34

32.00

39.02

PROFITABILITY

Operating Margin %

7.51%

8.96%

16.58%

19.20%

17.37%

Net Margin %

3.53%

4.54%

11.35%

13.68%

13.44%

ROE %

14.79%

21.55%

59.67%

26.12%

17.10%

ROCE %

16.21%

24.88%

70.46%

36.47%

22.54%

4.52%

7.64%

27.87%

18.54%

13.59%

EFFICIENCY

Debtor Days

129

Inventory Days

Payable Days

121

FINANCIAL HEALTH

Debt to Equity (x)

0.80x

0.32x

0.16x

0.01x

0.00x

Interest Coverage (x)

3.36x

4.44x

15.29x

14.28x

49.94x

1.40x

1.47x

1.75x

3.60x

3.45x

GROWTH

Revenue Growth %

0.00%

26.96%

76.19%

27.82%

22.57%

Operating Profit Growth %

0.00%

51.43%

238.96%

55.57%

11.96%

Net Profit Growth %

0.00%

63.29%

340.11%

54.10%

20.44%

0.00%

340.11%

-87.41%

20.44%

VALUATION

P/E (x)

0.00x

27.00x

15.67x

P/B (x)

0.00x

4.33x

2.41x

Dividend Yield %

0.00%

0.19%

0.36%

0.00x

-0.10x

16.25x

10.09x

Mar 2025

Sep 2025

Mar 2026

73.55

73.62

0.31

0.26

0.27

5.11

4.50

3.97

Government

0.00

21.02

21.69

22.15

Danish Power Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

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Danish Power Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI