Investor presentationSep 2026
Sep 2026 · PPT
Source: Nse
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.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result20 May, 10:55 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens
Trend score and candlestick chart
62BullishSMA20 +2.8% / mo · MACD − · near 52W high
Stock trend: 62
Sector RS: —
Power FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
DPELD candles · FIT view+37.6%Latest close ₹605.85 on 2026-10-19
Bar
-0.7%
RSI
47
MACD hist
-2.79
52W pos
88%
2026-10-19O ₹610.00H ₹610.00L ₹604.00C ₹605.85Vol 15,500 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
DPELNifty PowerNifty 500
- DPEL
- +4.5%
- Nifty 500
- -5.6%
- Nifty Power
- -13.0%
- Vs Nifty 500
- +10.0 pp
Chart stats
19 Oct 2026- From 52W high
- -7.5%
- 52W range position
- 88%
- ATR (14)
- 2.0%
- Volume vs 20D
- 0.55x
- Avg traded value
- ₹1.7 Cr
- 20D price channel
- ₹597 - ₹653.5
₹655
₹240.3 - ₹655
₹12.2
Latest completed session
20-session average
13.3% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST37
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bullish62
Price trend and sector-relative-strength timing.
Valuation
Legacy model-125.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence57
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹346 Cr | NDF | +24.0% |
| EBITDA | ₹34 Cr | NDF | +100.0% |
| Operating margin | 10.0% | NDF | +400 bps |
| PAT | ₹19 Cr | NDF | +137.5% |
| PAT margin | 5.5% | NDF | +262 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 56.60
- P/B
- 11.72
- EV/EBITDA
- 30.89
- Market Cap
- 1512.00Cr
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
- 7.29
- 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
- 88%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 626+314.6% vs prev
Net Profit
₹ CrLatest: 27.0+800.0% vs prev
Return on Equity
%Latest: 0.8
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term uptrend intact. RSI 47.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~2.7% over last month) — short-term momentum positive.
- RSI(14) at 47 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 8% off 52W high · 152% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
94
RS percentile
Stage 2 UptrendEstablished S2
1M return
-6.6%
3M return
+4.5%
6M return
+36.6%
1Y return
+122.7%
RS 1D
0
RS 20D
-2
Sector rank
#11
Industry rank
-
Stage evidence
- Price is 14.2% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +8.4%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
10 Sept 2025
S2 age
286 trading sessions
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 262.31+1.05%
RS vs Nifty 500262
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth19/25
Quality10/20
Balance Sheet6/15
Cash Flow0/10
Piotroski
5/9 (+3)
Penalties
-1
Raw sum
37
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
37/100 · legacy band WATCHLIST
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 -125.3%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
56.6
PB
11.7
EV/EBITDA
30.9
ROE
20.7%
ROCE
—
FCF Yield
—
Debt/Equity
1.2
MoS
-125.3%
Score movement
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.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
37
Previous: 37
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-125.3%
Previous: -116.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
37
37
37
37
37
37
37
37
37
37
37
37
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹111.57
-443.0% MoS
Growth-justified P/E
25.1
Growth-justified Value
₹268.89
-125.3% MoS
PEG
0.19
Comparable companies
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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
DANISH
SME
Danish Power Ltd.
Power
match 90
48
27.6
16.7%
-7%
FAIR VALUE
PARTH
SME
Parth Electricals & Engineering Ltd.
Electrical Equipment
match 89
39
52.0
18.7%
-102%
WATCHLIST
GNRL
Small
Gujarat Natural Resources Limited
Oil & Gas
match 87
33
76.9
5.5%
-178%
WATCHLIST
SUPREMEPWR
SME
Supreme Power Equipment Ltd.
Power
match 87
42
27.2
19.4%
-20%
WATCHLIST
VIVIANA
SME
Viviana Power Tech Ltd.
Electrical Equipment
match 87
66
14.9
59.7%
+46%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-07-01T14:50:50.104Z
Management commentary snapshot
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.
Growth engines
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
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The investor presentation explicitly compares financial performance for FY26 against FY25, indicating an annual comparison for assessing growth and trends.
Management forward view
Future Outlook
Management states they are "Initiating A New Era of Value Creation."
Thesis monitor
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.
Trust Score
57Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 20th percentile of the scored universe and 25th percentile within Power. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
1 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
20th percentile
overall median 67 · Power: 25th pctile, median 65 · SME: 21st pctile, median 64
Evidence depth
Financial-only
1 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read 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.
Promoter
68
acceptable · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
76
strong · capital discipline
Results
63
acceptable · quarterly consistency
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.
Continue researching Divine Power Energy Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportJun 2026
Jun 2026 · Updates 3 June 2026 - Company dispatched letters to unregistered email shareholders for FY 2025-26 annual report access.
Source: Nse
Investor presentationMay 2026
May 2026 · Press Release 14 May 2026 - Investor presentation submitted for FY26; consolidated revenue ₹62,596 lakh, PAT ₹2,671 lakh.
Source: Nse
Annual report
Annual Report 2026
Source: Nse
Annual report
Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.