---
title: "Danish Power Ltd (DANISH) — Share Price, Financials & Analysis"
symbol: "DANISH"
company: "Danish Power Ltd"
canonical: "https://tapetide.com/stocks/DANISH"
isin: "INE0YU901016"
nse_symbol: "DANISH"
sector: "Capital Goods"
industry: "Electrical Equipment"
market_cap_cr: 1886.36
generated_at: "2026-09-13T19:37:22.517Z"
---

# Danish Power Ltd (DANISH)

Canonical page: https://tapetide.com/stocks/DANISH

## Company

- **NSE Symbol:** DANISH
- **ISIN:** INE0YU901016
- **Sector:** Capital Goods
- **Industry:** Electrical Equipment
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-10-29
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** danish.co.in

## About

Founded in July 1985, Danish Power Limited manufactures various types of transformers, including inverter duty transformers for use in renewable power projects such as solar power plants and wind farms. [1]

## Latest Price

- **Price:** ₹997.4
- **Change:** +60.95 (+6.51%)
- **Open:** ₹936
- **Day High:** ₹1017.85
- **Day Low:** ₹934
- **Previous Close:** ₹936.45
- **Volume:** 149400
- **As Of:** 2026-09-11T10:26:50+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:11.946603Z.

- **Market Cap:** ₹1886.36 Cr
- **Classification:** SME
- **P/E (reported):** 26.7
- **Book Value:** ₹234.32
- **Price to Book:** 4
- **Dividend Yield:** 0.21%
- **ROE:** 18%
- **ROCE:** 25.92%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹521.45 Cr
- **Net Income:** ₹69.69 Cr
- **EBITDA:** ₹92.44 Cr
- **52-Week High:** ₹1094.9
- **52-Week Low:** ₹550.5
- **RSI (14):** 68.17

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 85.64 | 9% |
| growth | 60.67 | 9% |
| momentum | 62.26 | 12% |
| ownership | 49.1 | 24% |
| quality | 70.5 | 22% |
| valuation | 49.96 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 103% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%

### Weaknesses

- Working capital days have increased from 95.2 days to 150 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -173.46% | -707.72% | -508.21% |
| ebitda margin growth | -15.02% | 2.1% | — |
| net income growth | 20.99% | 101% | 103% |
| revenue growth | 20.43% | 40% | 35% |
| roce | -56.5% | -56.5% | — |
| roe | -60.69% | 31.9% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 163 | 261 | 211 | 310 |
| Expenses | 133 | 210 | 175 | 256 |
| Operating Profit | 30 | 51 | 36 | 54 |
| OPM % | 19 | 19 | 17 | 17 |
| Other Income | 2 | 6 | 6 | 4 |
| Interest | 2 | 4 | 1 | 1 |
| Depreciation | 2 | 3 | 2 | 5 |
| Profit before tax | 28 | 51 | 39 | 52 |
| Tax % | 25 | 26 | 26 | 21 |
| Net Profit | 21 | 38 | 29 | 41 |
| EPS in Rs | 14.31 | 19.14 | 14.88 | 20.91 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 118 | 102 | 118 | 149 | 188 | 332 | 425 | 521 |
| Expenses | 110 | 98 | 113 | 138 | 172 | 277 | 344 | 430 |
| Operating Profit | 8 | 4 | 4 | 10 | 16 | 55 | 81 | 90 |
| OPM % | 7 | 4.4 | 3.6 | 7 | 9 | 17 | 19 | 17 |
| Other Income | 2 | 1 | 1 | 1 | 1 | 2 | 8 | 9 |
| Interest | 3 | 2 | 2 | 3 | 3 | 4 | 6 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 7 |
| Profit before tax | 6 | 2 | 3 | 8 | 12 | 50 | 79 | 91 |
| Tax % | 30 | 23 | 25 | 27 | 27 | 25 | 26 | 23 |
| Net Profit | 4 | 2 | 2 | 6 | 9 | 38 | 58 | 70 |
| EPS in Rs | — | — | — | — | — | — | 29.63 | 35.55 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 20 | 20 |
| Reserves | 25 | 27 | 29 | 34 | 42 | 81 | 301 | 436 |
| Borrowings | 16 | 11 | 23 | 28 | 14 | 13 | 4 | 2 |
| Other Liabilities | 30 | 25 | 26 | 52 | 50 | 67 | 91 | 108 |
| Total Liabilities | 73 | 65 | 79 | 116 | 108 | 163 | 416 | 566 |
| Fixed Assets | 7 | 7 | 17 | 16 | 30 | 35 | 34 | 178 |
| CWIP | 0 | 0 | 0 | 7 | 1 | 0 | 13 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 31 | 31 |
| Other Assets | 66 | 58 | 63 | 94 | 77 | 127 | 339 | 343 |
| Total Assets | 73 | 65 | 79 | 116 | 108 | 163 | 416 | 566 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -32 | 4 | 2 | 7 | 17 | 26 | -20 | 47 |
| Cash from Investing Activity | 0 | -1 | -10 | -7 | -11 | -7 | -40 | -73 |
| Cash from Financing Activity | -3 | -3 | 6 | 2 | -6 | -4 | 165 | -7 |
| Net Cash Flow | -35 | 0 | -1 | 1 | 0 | 14 | 105 | -33 |
| Free Cash Flow | -33 | 3 | -8 | 0 | 6 | 18 | -36 | -27 |
| CFO/OP | -352 | 118 | 69 | 69 | 116 | 52 | -9 | 73 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 96 | 77 | 106 | 129 | 52 | 46 | 81 | 78 |
| Inventory Days | 93 | 111 | 68 | 92 | 91 | 73 | 108 | 88 |
| Days Payable | 98 | 92 | 79 | 121 | 83 | 44 | 46 | 39 |
| Cash Conversion Cycle | 91 | 96 | 96 | 100 | 60 | 75 | 142 | 127 |
| Working Capital Days | 50 | 57 | 56 | 51 | 35 | 37 | 99 | 150 |
| ROCE % | — | 10 | 9 | 18 | 25 | 70 | 40 | 24 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 73.55% | 73.55% | 73.62% |
| FIIs | 0% | 0% | 0.27% |
| DIIs | 0% | 4.52% | 4.01% |
| Government | 0% | 0% | 0% |
| Public | 18.18% | 18.43% | 18.52% |
| Others | 8.27% | 3.5% | 3.58% |
| No. of Shareholders | 4891 | 6216 | 5919 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 2 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 877.86 | Buy |
| EMA (10) | 889.12 | Buy |
| SMA (20) | 838.31 | Buy |
| EMA (20) | 859.64 | Buy |
| SMA (50) | 842.02 | Buy |
| EMA (50) | 848.9 | Buy |
| SMA (100) | 870.81 | Buy |
| EMA (100) | 836.41 | Buy |
| SMA (200) | 763 | Buy |
| EMA (200) | 821.33 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 74.19 | Sell |
| MACD (12,26,9) | 27.09 | Buy |
| Stochastic (14,3,3) | 88.78 | Sell |
| ADX (14) | 31.12 | Buy |
| Williams %R (14) | -8.97 | Sell |
| ATR (14) | 42.27 | High Volatility |
| ROC (12) | 24.55 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 64.85 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Danish Power Limited has informed regarding the Amendment to AOA/MOA of the company. | [Amendment to AOA/MOA 9 Sep - Danish Power Limited has informed regarding the Amendment to AOA/MOA of the company.](https://nsearchives.nseindia.com/corporate/DANISH_09092026191700_Intimation_Change_in_AOA.pdf) |
| 9 Sep - Danish Power held its 40th AGM, reported FY26 revenue ₹521.45 crore, PAT ₹68.9 crore, and ₹2 dividend. | [Shareholders meeting 9 Sep - Danish Power held its 40th AGM, reported FY26 revenue ₹521.45 crore, PAT ₹68.9 crore, and ₹2 dividend.](https://nsearchives.nseindia.com/corporate/DANISH_09092026005408_Intimation-40th_AGM_Proceedings.pdf) |
| 9 Sep - 40th AGM scrutinizer report: all 8 resolutions passed by requisite majority on September 8, 2026. | [Shareholders meeting 9 Sep - 40th AGM scrutinizer report: all 8 resolutions passed by requisite majority on September 8, 2026.](https://nsearchives.nseindia.com/corporate/DANISH_09092026180653_Signed_Scrutinizer_Report_40th_AGM_2026.pdf) |
| 9 May 2026 - Danish Power reported FY26 net profit of Rs 70.01 crore and recommended Rs 2 final dividend. | [Outcome of Board Meeting 9 May 2026 - Danish Power reported FY26 net profit of Rs 70.01 crore and recommended Rs 2 final dividend.](https://nsearchives.nseindia.com/corporate/DANISH_09052026193929_Financial_Results_DPL.pdf) |
| 9 May 2026 - Danish Power reported FY26 audited standalone profit of Rs 70.01 crore and recommended Rs 2 final dividend. | [Integrated Filing- Financial 9 May 2026 - Danish Power reported FY26 audited standalone profit of Rs 70.01 crore and recommended Rs 2 final dividend.](https://nsearchives.nseindia.com/corporate/DANISH_09052026212309_Financial_Results_DPL.pdf) |
| 8 Sep - Danish Power Limited has informed with Outcome of Annual General Meeting held on September 08, 2026 | [Shareholders meeting 8 Sep - Danish Power Limited has informed with Outcome of Annual General Meeting held on September 08, 2026](https://nsearchives.nseindia.com/corporate/DANISH_08092026230908_Outcome_of_40th_AGM.pdf) |
| 8 Aug - Danish Power Limited has informed regarding Outcome of Board Meeting held on August 08, 2026. | [Outcome of Board Meeting 8 Aug - Danish Power Limited has informed regarding Outcome of Board Meeting held on August 08, 2026.](https://nsearchives.nseindia.com/corporate/DANISH_08082026184540_Outcome_of_Board_Meeting.pdf) |
| 8 April 2026 - RTA confirms Regulation 74(5) compliance for quarter ended 31 March 2026; no pending demat requests. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - RTA confirms Regulation 74(5) compliance for quarter ended 31 March 2026; no pending demat requests.](https://nsearchives.nseindia.com/corporate/DANISH_08042026121540_Intimation_to_Exchange.pdf) |
| 7 Jul - MUFG Intime confirms Regulation 74(5) compliance for dematerialisation during quarter ended 30 June 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - MUFG Intime confirms Regulation 74(5) compliance for dematerialisation during quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/DANISH_07072026192253_Letter_to_Exchange.pdf) |
| 7 Jul - Danish Power Limited has informed about Schedule of meet | [Analysts/Institutional Investor Meet/Con. Call Updates 7 Jul - Danish Power Limited has informed about Schedule of meet](https://nsearchives.nseindia.com/corporate/DANISH_07072026175413_Letter_to_Stock_Exchange.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/DANISH_10112025233538_Investor_Meet_Transcription_-DPL.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27497_DANISH_2024_2025_A_19082025154159.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:37:22.517Z.