Divine Power Energy Ltd. (DPEL)
SME CapPower stocks · SME cap · NSE
Divine Power Energy Limited (DPEL) is a power sector company, with Vimlesh Industries Private Limited as a wholly-owned subsidiary. The company reported its financial performance for the fiscal year ended March 31, 2026.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Average · 30/100YoY data unavailable — classification deferred
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹346 Cr | NDF | +24.0% |
| EBITDA | ₹34 Cr | +240.0% | +100.0% |
| Operating margin | 10.0% | +500 bps | +400 bps |
| PAT | ₹19 Cr | NDF | +137.5% |
| PAT margin | 5.5% | +296 bps | +262 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
DPEL reported robust consolidated FY26 results: revenue up 26.30% YoY to ₹62,596 lakh, EBITDA up 128.62% YoY to ₹5,243 lakh, and PAT surged 176.95% YoY to ₹2,671 lakh. Consolidated EPS grew 166.74% YoY to ₹10.83.
The company demonstrated strong financial growth in FY26, with significant increases across all key consolidated metrics. The substantial jump in profitability (PAT and EBITDA) suggests improved operational leverage or favorable market conditions.
Consolidated Revenue Growth
Consolidated total revenue grew 26.30% YoY to ₹62,596.02 lakh in FY26.
Consolidated EBITDA Growth
Consolidated EBITDA increased 128.62% YoY to ₹5,243.16 lakh in FY26.
Consolidated PAT Growth
Consolidated PAT surged 176.95% YoY to ₹2,670.69 lakh in FY26.
Consolidated EPS Growth
Consolidated EPS grew 166.74% YoY to ₹10.83 in FY26.
Management accountability
What management said, and what results must prove
Management accountability
What management said, and what results must prove
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
The investor presentation explicitly compares financial performance for FY26 against FY25, indicating an annual comparison for assessing growth and trends.
Future Outlook
Management states they are "Initiating A New Era of Value Creation."
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Consolidated Revenue Growth | 26.30% YoY (FY26) | Sustained double-digit revenue growth in subsequent periods. |
| Consolidated PAT Growth | 176.95% YoY (FY26) | Continued high profitability growth and margin expansion. |
| Consolidated EBITDA Growth | 128.62% YoY (FY26) | Maintenance of strong operational leverage and cost efficiency. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
73Bullishfull bull SMA stack · MACD − · near 52W high
Technical chart
DPELdaily · 1Y · AUTO+97.3%Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 57. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 57 — rising, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 3% off 52W high · 308% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & score drivers
U-Score 37 · WATCHLIST · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 37 · WATCHLIST · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
WATCHLISTWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Growth contributes 19/25 to the score.
- Quality contributes 10/20 to the score.
- Balance sheet contributes 6/15 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -117.8%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Mixed Trust: Claim history is still being built. It ranks around the 20th percentile of the scored universe and 24th percentile within Power. Main check: cash conversion is weak at 28/100.
Mixed Trust Lite: Promoter holding is 63.2%. Key concern: Promoter holding fell 10.3%.
Usable, but needs evidence. Treat guidance with a margin of safety.
overall median 67 · Power: 24th pctile, median 65 · SME: 21st pctile, median 64
1 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Mixed Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 63.2%.
- ▸Promoter pledge is zero.
- ▸OPM spread across recent quarters is 5%.
Trust risks
- ▸Promoter holding fell 10.3%.
- ▸Operating cash flow is negative at ₹-25 Cr.
- ▸Only 0 years of positive FCF.
- ▸Debt/equity is 1.21.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 54.10
- P/B
- 11.20
- EV/EBITDA
- 29.65
- Market Cap
- 1445.00Cr
Profitability
- ROE
- 20.70%
- ROCE
- —
- ROA
- 8.01%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 126.52%
- EPS 5Y
- 419.62%
- Revenue 3Y
- 61.00%
- EPS 3Y
- 111.00%
Balance Sheet
- Debt/Equity
- 1.21
- Interest Coverage
- 4.25×
- Altman Z
- 7.10
- Book Value
- 51.70
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -25.00 Cr
- EPS TTM
- 10.70
Shareholding
- Promoter Hold
- 63.20%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 96%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
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Peers
Business-comparable names in Power, ranked by similarity
Peers
Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.