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Danish Power

Q2 FY26Electrical Equipment

Danish Power Q2 FY26: Order Book ₹405 Cr

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹784
Market cap₹1.5K Cr
P/E21.5
Updated23 Aug 2026
Read4 min read

The short version

Danish Power targets revenue of Rs 500-550 crore for FY26, reflecting a conservative view due to recent capacity expansion delays. FY26 revenue guidance is Rs 500-550 crore, slightly lower than earlier Rs 600 crore estimate due to expansion delays.

From Danish Power's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Danish Power targets revenue of Rs 500-550 crore for FY26, reflecting a conservative view due to recent capacity expansion delays.
  • Post-expansion (capacity close to 11,000 MVA from transformers alone), peak revenue is expected around Rs 750 crore, likely by FY27-FY28 with optimum utilization (~90%+).
  • Capacity expansions: 3500 MVA live from October; additional 2500 MVA expected by December end, with revenues from that starting from April next year.
  • Export revenue currently 8-10%, aiming to increase to 20% next year and 30% in following years.
  • Capacity expansions focus on higher voltage transformers (up to 220 kV), with cautious approach to ensure orders fill expanded capacity.

2 more points from Danish Power's call on revenue

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Profitability & Margins

See what Danish Power said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Danish Power Limited is currently evaluating further capex; no firm plans yet (Page 37). Funding options (debt/equity) will be decided after finalizing requirements.
  • For smaller/maintenance capex, the company plans to use internal accruals (Page 35).
  • The company is executing a backward integration project through a subsidiary for sheet metal fabrication, involving capex of approx. Rs 20 crores, expected to be operational in 6-8 months (Page 22).

2 more points from Danish Power's call on capex

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Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

Guidance-ranked
1Waaree Energies Ltd
Rev 1Mar 1
2MTAR Technologies Ltd
Rev 1Mar 1
3
Rev 1Mar 1
4
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5
Rev 1Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

  • Current confirmed order book stands at Rs 405 crore with orders secured for the next 6 to 8 months.
  • The company has a large inquiry pipeline worth approximately Rs 800 crore to Rs 1000 crore from targeted clients.
  • Conversion ratio from bids to confirmed orders typically ranges between 20% to 30%.
  • Around 90% of the order pipeline is from the private sector, with minimal government exposure.
  • The company is actively receiving good order inflows, with new capacity expansions carefully planned based on firm orders.

2 more points from Danish Power's call on order book

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What Danish Power Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Danish Power Q2 FY26 results?

Danish Power targets revenue of Rs 500-550 crore for FY26, reflecting a conservative view due to recent capacity expansion delays. FY26 revenue guidance is Rs 500-550 crore, slightly lower than earlier Rs 600 crore estimate due to expansion delays.

What is Danish Power share price analysis?

Danish Power currently shows a neutral. The stock trades at a P/E of 21.5 with a market cap of ₹1,503 Cr. Investors should review the full earnings analysis for detailed insights.

Is Danish Power planning capital expenditure?

Danish Power Limited is currently evaluating further capex; no firm plans yet (Page 37).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.