INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol DPEL
MSEI Symbol NOTLISTED
ISIN INE0SCO01019
Name of Company Divine Power Energy Limited
Type of company SME
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 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
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 Electrical Industry
Start date and time of board meeting 29-May-2025   17:00:00
End date and time of board meeting 29-May-2025   17:30:00
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 Declaration of unmodified opinion
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
(III) 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 2024-01-05
Indicate Company website link for updated RPT policy of the Company https://www.dpel.in/_files/ugd/52d928_271de76e6ec7476a8f508ef965eaddaa.pdf
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? Yes
No. of times funds raised during the quarter 2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Default on loans and Debts Securities is not applicable on Company as Company has always made the timely payments


Financial Results — Other than Bank
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-Oct-2024 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 Revenue From Operations
Revenue from operations 1976502000 3416678000
Other income 2887000 5240000
Total Income 1979389000 3421918000
2 Expenses
(a) Cost of materials consumed 1664786000 3030757000
(b) Purchases of stock-in-trade 115288000 193347000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 51716000 -72610000
(d) Employee benefit expense 8492000 16775000
(e) Finance costs 30975000 57731000
(f) Depreciation and amortisation expense 7035000 14334000
(g) Other Expenses
1 Other Expenses 33814000 52086000
Total other expenses 33814000 52086000
Total expenses 1912106000 3292420000
3 Profit before exceptional and extraordinary items and tax 67283000 129498000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 67283000 129498000
6 Extraordinary items 0 0
7 Profit before tax 67283000 129498000
8 Tax Expense
Current tax 20786000 36659000
Deferred tax -24000 1277000
Total tax expenses 20762000 37936000
9 Net Profit Loss for the period from continuing operations 46521000 91562000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 46521000 91562000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 46521000 91562000
17 Details of equity share capital
Paid-up equity share capital 237151000 237651000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 623084000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.15 4.54
Diluted earnings (loss) per share from continuing and discontinued operations 2.15 4.54
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results


Remarks
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect
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
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 129498000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 57731000
Adjustments for depreciation and amortisation expense 14334000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 331000
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 to profit (loss) 72396000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -66151000
Adjustments for decrease (increase) in trade receivables -79587000
Adjustments for decrease (increase) in other current assets -247691000
Adjustments for increase (decrease) in trade payables 25005000
Adjustments for increase (decrease) in other current liabilities 11774000
Adjustments for provisions 2051000
Total adjustments for working capital -354599000
Total adjustments for reconcile profit (loss) -282203000
Net cash flows from (used in) operations -152705000
Dividends received 0
Interest paid 0
Interest received -5022000
Income taxes paid (refund) 24704000
Other inflows (outflows) of cash -2841000
Net cash flows from (used in) operating activities before extraordinary items -185272000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -185272000
4 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 558321000
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 3780000
Purchase of property plant and equipment 14606000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
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 5022000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -564125000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -564125000
Cash flows from used in financing activities
Proceeds from issuing shares 512472000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 298730000
Repayments of borrowings 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -57731000
Net cash flows from (used in) financing activities before extraordinary items 753471000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 753471000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 4074000
6 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 4074000
Cash and cash equivalents cash flow statement at beginning of period 4658000
Cash and cash equivalents cash flow statement at end of period 8732000


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
Equity and liabilities
1 Shareholders' funds
Share capital 237651000
Reserves and surplus 623084000
Money received against share warrants 0
Total shareholders' funds 860735000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 236106000
Deferred tax liabilities (net)
Foreign currency monetary item translation difference liability account
Other long-term liabilities
Long-term provisions 1932000
Total non-current liabilities 238038000
6 Current liabilities
Short-term borrowings 641170000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 51667000
Total Trade payable 51667000
Other current liabilities 19115000
Short-term provisions 31396000
Total current liabilities 743348000
Total equity and liabilities 1842121000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 101460000
Producing properties 0
Intangible assets 0
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 101460000
ii Non-current investments 558321000
v Deferred tax assets (net) 55000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 130060000
viii Other non-current assets 12675000
Total non-current assets 802571000
Current assets
Current investments 670000
Inventories 559652000
Trade receivables 288866000
Cash and cash equivalents 8733000
Bank balance other than cash and cash equivalents 29498000
Short-term loans and advances 140907000
Other current assets 11224000
Total current assets 1039550000
Total assets 1842121000
Disclosure of notes on assets and liabilities


Format for Reporting Segment 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-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results 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
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's 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 Yes
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 VAPS & Associates Yes 31-Aug-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 28-Jun-2024
Amount Raised 227520000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Working Capital NA 215000000 0 215000000 0
2 Issue Related Expenses NA 12520000 0 12108000 0


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)
Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 22-Mar-2025
Amount Raised 284952000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Acquisition NA 284952000 0 284952000 0


Signatory Details
Name of signatory Rajesh Giri
Designation of person Managing Director
Place Delhi
Date 29-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 Divine Power Energy Limited Dali Giri Director Remuneration 5000000 NA 0 2024-06-10 2400000 0 0
2 Divine Power Energy Limited Dali Giri Director Any other transaction Rent 5000000 NA 0 2024-06-10 95000 37000 25000
3 Divine Power Energy Limited Pratibha Talwar Relative of KMP Any other transaction Rent 5000000 NA 0 2024-06-10 95000 37000 25000
4 Divine Power Energy Limited Rajesh Giri Managing Director Loan 5000000 NA 0 2024-06-10 6500000 632000 7157000
5 Divine Power Energy Limited Vikas Talwar Director Loan 5000000 NA 0 2024-06-10 5500000 651000 5741000
6 Divine Power Energy Limited Viraj Upkram Private Limited Sister Concern Sale of fixed assets 5000000 NA 0 2024-06-10 1510000 0 0
7 Divine Power Energy Limited Viraj Upkram Private Limited Sister Concern Purchase of goods or services 5000000 NA 0 2024-06-10 153000 0 0
8 Divine Power Energy Limited Viraj Upkram Private Limited Sister Concern Any other transaction Job Work Expense 5000000 NA 0 2024-06-10 3891000 0 0
9 Divine Power Energy Limited Viraj Upkram Private Limited Sister Concern Any other transaction Job Work Income 5000000 NA 0 2024-06-10 6383000 0 0
10 Divine Power Energy Limited Morpheus Enterprises Private Limited Sister Concern Sale of goods or services 5000000 NA 0 2024-06-10 28000 0 0
11 Divine Power Energy Limited Morpheus Enterprises Private Limited Sister Concern Any other transaction Job Work Expense 5000000 NA 0 2024-06-10 13000 0 0
12 Divine Power Energy Limited Morpheus Enterprises Private Limited Sister Concern Any other transaction Job Work Income 5000000 NA 0 2024-06-10 84000 0 0
Total value of transaction during the reporting period 26652000