Integrated Filing — IndAS



General information about company
Scrip Code 522163
NSE Symbol DIACABS
MSEI Symbol NOTLISTED
ISIN INE989C01038
Name of company Diamond Power Infrastructure Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Cables and Conductors
Start date and time of board meeting 30-May-2025   15:05:00
End date and time of board meeting 30-May-2025   16:08:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-10
Indicate Company website link for updated RPT policy of the Company https://dicabs.com/investor/policies-code-of-conductpractices/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 3338083000 11153925000
Other income 2896000 6806000
Total income 3340979000 11160731000
2 Expenses
(a) Cost of materials consumed 3341090000 9493684000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -478103000 -94273000
(d) Employee benefit expense 42589000 137969000
(e) Finance costs 8606000 126440000
(f) Depreciation, depletion and amortisation expense 54848000 202773000
(f) Other Expenses
1 Other Expenses 294590000 947644000
Total other expenses 294590000 947644000
Total expenses 3263620000 10814237000
3 Total profit before exceptional items and tax 77359000 346494000
4 Exceptional items 0 0
5 Total profit before tax 77359000 346494000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -179000 -857000
9 Total tax expenses -179000 -857000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 77538000 347351000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 77538000 347351000
17 Other comprehensive income net of taxes 162000 162000
18 Total Comprehensive Income for the period 77700000 347513000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 526971000 526971000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve -9311199000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.15 0.66
Diluted earnings (loss) per share from continuing operations 0.15 0.66
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.15 0.66
Diluted earnings (loss) per share from continuing and discontinued operations 0.15 0.66
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 11650407000
Capital work-in-progress 1116055000
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 30000000
Trade receivables, non-current 0
Loans, non-current 245032000
Other non-current financial assets 40326000
Total non-current financial assets 315358000
Deferred tax assets (net) 2015000
Other non-current assets
Total non-current assets 13083835000
2 Current assets
Inventories 2055298000
Current financial asset
Current investments 0
Trade receivables, current 1756088000
Cash and cash equivalents 70112000
Bank balance other than cash and cash equivalents 56296000
Loans, current 0
Other current financial assets 0
Total current financial assets 1882496000
Current tax assets (net) 0
Other current assets 829006000
Total current assets 4766800000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 17850635000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 526971000
Other equity -9311199000
Total equity attributable to owners of parent -8784228000
Non controlling interest
Total equity -8784228000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3248624000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 19019357000
Total non-current financial liabilities 22267981000
Provisions, non-current 3234000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 22271215000
Current liabilities
Current financial liabilities
Borrowings, current 1350000000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 283999000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1700789000
Total Trade payable 1984788000
Other current financial liabilities 61902000
Total current financial liabilities 3396690000
Other current liabilities 966411000
Provisions, current 547000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 4363648000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 26634863000
Total equity and liabilites 17850635000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of Defined Benefit Plan 217000 217000
Total Amount of items that will not be reclassified to profit and loss 217000 217000
2 Income tax relating to items that will not be reclassified to profit or loss 55000 55000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 162000 162000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 346494000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 126440000
Adjustments for decrease (increase) in inventories -852460000
Adjustments for decrease (increase) in trade receivables, current -1168219000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -104408000
Adjustments for decrease (increase) in other non-current assets 634000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 951228000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 699140000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 202773000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 2152000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -142720000
Net cash flows from (used in) operations 203774000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 203774000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 30000000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 443545000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 245032000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -718577000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 668081000
Repayments of borrowings 598007000
Payments of lease liabilities 2489000
Dividends paid 0
Interest paid 126440000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 601703000
Net cash flows from (used in) financing activities 542848000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 28045000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 28045000
Cash and cash equivalents cash flow statement at beginning of period 98363000
Cash and cash equivalents cash flow statement at end of period 126408000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Naresh & Co Yes 31-Oct-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 11160731000 11160731000
2 Total Expenditure 10814237000 10814237000
3 Net Profit/(Loss) 346494000 346494000
4 Earnings Per Share 0.66 0.66
5 Total Assets 17850635000 17850635000
6 Total Liabilities 17850635000 17850635000
7 Net Worth -8784228000 -8784228000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block
Textual Information(1) Non maintenance of Fixed Assets registers, non-impairment of fixed assets, if any, and depreciation provided thereon
Textual Information(2) Impact is not quantified by the Auditor's
Textual Information(3) The Company has been taken over on 17-09-2022 by new management on approval of resolution plan by NCLT dated 20-06-2022. Fixed Asset Register is still under preparation due to voluminous nature and limited availability of data. Impact will be ascertained on completion of exercise
Textual Information(4) The Company has been taken over on 17-09-2022 by new management on approval of resolution plan by NCLT dated 20-06-2022. Fixed Asset Register is still under preparation due to voluminous nature and limited availability of data. The same is expected to be completed in the next fiscal year.
Textual Information(5) Since the exercise of updation and reconciliation of Property, Plant & Equipment Register and Capital Work-in-Progress is going on including working of value-in-use and remaining estimated useful lives of each item of Property, Plant and Equipment, we will be able to verify and opine on the correctness of the values of Property, Plant & Equipment and Capital Work-in-Progress as appearing in the books as at the end of the year end, as well as for appropriation / capitalization of power, manpower and borrowing costs to Capital Work-in-Progress and on the depreciation provided including the veracity of the management estimate of 20% for calculation of depreciation and appropriation, only upon completion of the exercise as aforesaid. n n


Signatories detail
Name of CEO / Managing director -
Name of CFO Samir Naik
Name of audit committee chairman Maheswar Sahu
Name of statutory auditor Naresh & Co
Name of other signatory, if any, with designation Rakesh Shah, Director
Place Ahmedabad
Date 30-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Diamond Power Infrastructure Limited GSEC Limited Promoter controlled entity Loan 2500000000 Within the limits as approved by the Audit committee,Board and Shareholder of the Company. Hence, approved 0 868444000 909926000 Loan 0.12 2 years Unsecured For Business Purpose
2 Diamond Power Infrastructure Limited GSEC Limited Promoter controlled entity Interest paid 2500000000 Within the limits as approved by the Audit committee,Board and Shareholder of the Company. Hence, approved 51113000 0 0
3 Diamond Power Infrastructure Limited GSEC Limited Promoter controlled entity Purchase of goods or services 2500000000 Within the limits as approved by the Audit committee,Board and Shareholder of the Company. Hence, approved 231094000 176480000 27276000
4 Diamond Power Infrastructure Limited Monarch Infraparks Private Limited Promoter controlled entity Loan 1250000000 Within the limits as approved by the Audit committee,Board and Shareholder of the Company. Hence, approved 347950000 509757000 181737000 Loan 0.12 2 years Unsecured For Business Purpose
5 Diamond Power Infrastructure Limited Monarch Infraparks Private Limited Promoter controlled entity Interest paid 1250000000 Within the limits as approved by the Audit committee,Board and Shareholder of the Company. Hence, approved 25733000 0 0
6 Diamond Power Infrastructure Limited Krone Finstock Private Limited Promoter controlled entity Loan 500000000 Within the limits as approved by the Audit committee and Board. Hence, approved 57500000 0 0 Loan 0.12 2 years Unsecured For Business Purpose
7 Diamond Power Infrastructure Limited Krone Finstock Private Limited Promoter controlled entity Interest paid 500000000 Within the limits as approved by the Audit committee and Board. Hence, approved 1809000 0 0
8 Diamond Power Infrastructure Limited Smart Meters Technologies Private Limited Affiliated Group Any other transaction rent received 1103000 Within the limits as approved by the Audit committee and Board. Hence, approved 325000 295000 726000
9 Diamond Power Infrastructure Limited Electrify Energy Private Limited Affiliated Group Any other transaction rent received 1103000 Within the limits as approved by the Audit committee and Board. Hence, approved 325000 452000 908000
10 Diamond Power Infrastructure Limited Maheswar Sahu Independent Director Any other transaction Board sitting fees Audit Committee approval not required 350000 0 0
11 Diamond Power Infrastructure Limited Rabindra Nath Nayak Independent Director Any other transaction Board sitting fees Audit Committee approval not required 300000 0 0
12 Diamond Power Infrastructure Limited Varsha Biswajit Adhikari Independent Director Any other transaction Board sitting fees Audit Committee Approval not required 300000 0 0
13 Diamond Power Infrastructure Limited Gomax Aviation Pvt.ltd Promoter controlled entity Interest paid 500000000 Within the limits as approved by the Audit committee and Board. Hence, approved 101000 0 101000
14 Diamond Power Infrastructure Limited Kavish shah Relative of Promoter Remuneration Within the limits as approved by the Audit committee and Board. Hence, approved 612000 0 0
15 Diamond Power Infrastructure Limited Dicabs Nextgen Special Alloys Private Limited Wholly owned subsidiary Loan 500000000 The transaction between Holding Company and wholly subsidiary company is exempted. Audit Committee has approved the same. 245022000 10000 245032000 Loan 0.12 2 years Unsecured For Business Purpose
16 Diamond Power Infrastructure Limited Maheswar Sahu Independent Director Remuneration 1000000 Within the limits as approved by the Audit Committee, Board, and Shareholders of the Company. Hence, approved 500000 0 0
17 Diamond Power Infrastructure Limited Rabindra Nath Nayak Independent Director Remuneration 1000000 Within the limits as approved by the Audit Committee, Board, and Shareholders of the Company. Hence, approved 500000 0 0
18 Diamond Power Infrastructure Limited Smart Meters Technologies Private Limited Affiliated Group Any other transaction Reimbursement of expenses covered under sub-lease agreement dated 01.06.2024 1103000 Within the limits as approved by the Audit Committee and Board. Hence, approved 539000 0 0
19 Diamond Power Infrastructure Limited Electrify Energy Private Limited Affiliated Group Any other transaction Reimbursement of expenses covered under sub-lease agreement dated 01.06.2024 1103000 Within the limits as approved by the Audit Committee and Board. Hence, approved 539000 0 0
20 Diamond Power Infrastructure Limited Dicabs Nextgen Special Alloys Private Limited Wholly owned subsidiary Investment Within the limits as approved by the Audit Committee and Board of the Company. Hence, approved. 29997000 0 0
Total value of transaction during the reporting period 994609000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 2861237000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 18992747000
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 0