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Danish Power Ltd (DANISH)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: DANISH Electric Equipment | Small Cap | Danish Power Share Price

BSE Share Price
Not Listed

Danish Power Ltd (DANISH)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: DANISH Electric Equipment | Small Cap | Danish Power Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹1,866 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹35
TTM Sales
₹521 Cr.
Book Value per Share
₹234.3
P/E Ratio
27.05
Lower than its 5-year historical median
Industry PE
53.2
Price to Book (P/B)
4.04
Lower than its 5-year historical median
Price to Sales (P/S)
3.58
Lower than its 5-year historical median
EV/EBITDA
17.81
In line with its 5-year historical median
Dividend Yield
INF%
Profitability Efficiency
Return on Equity (ROE)
16.70%
Outperforms industry median
Return on Capital Employed (ROCE)
22.17%
Outperforms industry median
Return on Assets (ROA)
13.17%
Operating Profit Margin
17.7%
Net Profit Margin
13.23%
Gross Profit Margin
18.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
22.57%
Operating Profit Growth (1 Year)
-
11.43%
Net Profit Growth (1 Year)
-
26.27%
Asset Quality
Promoter Holding
73.62%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹442 Cr.
Equity
₹19.7 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Danish Power stock performance

Key Ratios
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Valuation

Fair

Price Trend

Strong
Q.1 Is Danish Power Ltd a good quality company?
Danish Power Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Danish Power Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Danish Power Ltd vs industry peers?
Danish Power Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Danish Power Ltd?
Promoters hold 73.62% of the Danish Power Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Danish Power Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 10.99% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Danish Power Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ16.2%24.9%70.5%36.5%22.5%-
Value Creation
Index ⓘ
0.20.84.01.60.6-

Growth Parameters ⓘ

Sales ⓘ149189332425521521
Sales YoY Gr.-27%76.2%27.8%22.6%-
Adj EPS ⓘ3.36.426.129.535.635.6
YoY Gr.-94.6%307%13%20.4%-
BVPS (₹) ⓘ24.530.456.7184.2231.5231.5
Adj Net
Profit ⓘ
4.89.337.958.17070
Cash Flow from Ops. ⓘ6.416.826.2-20.446.9-
Debt/CF from Ops. ⓘ4.40.80.4-0.20.1-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA40.3%22.6%
Adj EPS ⓘNANA76.9%20.4%
BVPSⓘNANA96.7%25.7%
Share Price - - - 11%

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
13.523.46026.117.115.4
Op. Profit
Mgn % ⓘ
6.79.216.819.217.4NAN
Net Profit
Mgn % ⓘ
3.24.911.413.713.413.4
Debt to
Equity ⓘ
0.80.30.100-
Working Cap
Days ⓘ
0154971381630
Cash Conv.
Cycle ⓘ
06343821010

Valuation of Danish Power - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'24Mar'25Mar'26
Sales332427521
Operating Expenses ⓘ + 277344429
Manufacturing Costs224
Material Costs246302378
Employee Cost 202528
Other Costs ⓘ 101518
Operating Profit ⓘ 558392
Operating Profit Margin (%) 16.6%19.4%17.7%
Other Income ⓘ + 267
Exceptional Items ⓘ 000
Interest ⓘ 462
Depreciation ⓘ 357
Profit Before Tax ⓘ 507890
Tax ⓘ 132321
Profit After Tax 385569
PAT Margin (%) 11.4%12.8%13.2%
Adjusted EPS (₹)26.027.735.0
Dividend Payout Ratio (%)0%5.40%5.70%
PARTICULARSMar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 82365461
Share Capital ⓘ 1.6119.6919.69
Reserves ⓘ 81345442
Debt +1021
Long Term Debt721
Short Term Debt300
Minority Interest000
Trade Payables303841
Others Liabilities ⓘ 406574
Total Liabilities ⓘ 163471576

Fixed Assets

Net Fixed Assets ⓘ +35119219
Gross Block51151268
Accumulated Depreciation153149
CWIP ⓘ 01315
Investments ⓘ 000
Inventories498991
Trade Receivables4294111
Cash Equivalents 2012592
Others Assets ⓘ 153048
Total Assets ⓘ 163471576
PARTICULARSMar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 26-1443
PBT ⓘ 507890
Adjustment ⓘ 894
Changes in Working Capital ⓘ -29-88-32
Tax Paid ⓘ -3-13-19
Cash Flow From Investing Activity ⓘ + -7-54-68
Capex -8-57-74
Net Investments 000
Others ⓘ 036
Cash Flow From Financing Activity ⓘ + -4173-7
Net Proceeds from Shares ⓘ 000
Net Proceeds from Borrowing ⓘ -43-2
Interest Paid ⓘ -4-6-2
Dividend Paid ⓘ 00-3
Others ⓘ 3176-1
Net Cash Flow ⓘ 14105-33
PARTICULARSMar'24Mar'25Mar'26
Ratios
ROE (%)45.7924.4316.7
ROCE (%)56.6536.1422.17
Asset Turnover Ratio2.051.351
PAT to CFO Conversion(x)0.68-0.250.62
Working Capital Days
Receivable Days46.5058.3071.80
Inventory Days53.8059.2063.20
Payable Days44.3041.3038.10

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Announcements

Danish Power Ltd FAQs

The current trading price of Danish Power on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Danish Power stood at ₹1,866 Cr

The latest P/E ratio of Danish Power as of 31-Dec-1969 is 26.65.

The latest P/B ratio of Danish Power as of 31-Dec-1969 is 4.09.

The 52-week high of Danish Power is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Danish Power is ₹521 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Danish Power Ltd is a below average quality company.

The key valuation ratios of Danish Power Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Danish Power Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Danish Power Ltd

Danish Power Limited was originally formed as a Private Limited Company under Companies Act, 1956 in the name and style of ‘Danish Private Limited’ pursuant to a certificate of incorporation dated July 10, 1985 was issued by the Registrar of Companies, Jaipur, Rajasthan. Consequently, the company was converted into a Public Limited Company under Companies Act 1956 with the name ‘Danish Limited’ pursuant to a fresh certificate of incorporation dated December 31, 1994 was issued by the Registrar of Companies, Jaipur, Rajasthan. Subsequently, the company was converted into a Private Limited Company under Companies Act with the name ‘Danish Private Limited’ pursuant to a fresh certificate of incorporation dated December 03, 2002 was issued by the Registrar of Companies, Jaipur, Rajasthan. Further, pursuant to shareholder’s resolution passed at the Extra Ordinary General Meeting held on June 12, 2024, the name of the company was changed from ‘Danish Private Limited’ to ‘Danish Power Private Limited’ vide a fresh certificate of incorporation dated July 08, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on July 08, 2024 the company was converted into a Public Limited Company and the name of the company was changed from ‘Danish Power Private Limited’ to ‘Danish Power Limited’ vide a fresh certificate of incorporation dated July 22, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar.

The company is an ISO 9001:2015, ISO 14001: 2015 and ISO 45001:2018 certified company, engaged in the business of manufacturing of different types of transformers including inverter duty transformers used in renewable power projects like solar power plant or wind farms, oil and dry type power and distribution transformers, control relay panel along with substation automation services. These transformers and panels are used across various sectors and industries to facilitate the efficient transmission and distribution of electrical power such as renewable power EPC projects like solar power plant, wind power farms, other power generation plants, power transmission, electricity sub-stations, power utilities etc. Its customers include companies like Tata Power Solar System, Waaree Renewable Technologies, Jakson Green, ABB India and Torrent Power.

The major raw material required by the company is Cold Rolled Grain Oriented (CRGO) Electrical Steel, Copper Wire, Copper Strip, Copper sheet and Aluminium Wire, Strip, Sheet, Mild Steel, Transformer Oil and Relays. It procures these raw material from either through import or sourced from local suppliers and then assembled at its manufacturing facilities. It has developed long relationships with its customers through timely delivery of quality product, which are in strict compliance with the customer’s and regulatory requirements. Over the years, it has established a diversified client base across different customers in the power industry like renewable power EPC projects like solar power plant, wind power farms, other power generation plants, power transmission, electricity sub-stations, power utilities etc. 

Business area of the company

The company is engaged in manufacturing of transformers, panels, sub-station automation systems and related equipment. 

Products of the company

  • Transformers for renewable energy
  • Distribution transformers
  • Dry type cast resin transformers
  • Power transformers
  • Control relay panels
  • Substation Automation System (SCADA)

History and milestones

  • 1985: Incorporation of the Company in the name of ‘Danish Private Limited’.
  • 1994: Company achieves ISO:9001.
  • 2014: Export House Status by Government of India.
  • 2015: National Awards for Export Excellence - Star Performer Award 2013-14 in Product Group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise).
  • 2016: National Award for Export Excellence - Star Performer Award 2014-15 in product group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise).
  • 2017: National Award for Export Excellence - Star Performer Award 2015-16 in product group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise).
  • 2017: India SME Top 100 Awards 2015-16.
  • 2017: Transformer Testing Laboratory accredited for ISO 17025 by NABL.
  • 2018: Received below certification for manufacturing facility. 
  • 2018: Quality Management System - ISO 9001:2015. 
  • 2018: Environmental Management System - ISO 14001:2015. 
  • 2018: Occupational Health and Safety Management System - ISO 45001:2018.
  • 2018: Regional Award (Northern Region) for Export Excellence - Star Performer Award 2014-15 (Silver Shield) in Product Group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise).
  • 2018: Achieves BIS License & BEE Certifications for Transformers.
  • 2018: National Award for Export Excellence - Star Performer Award 2016-17 in product group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise).
  • 2022: First in India to get BIS License for Ester (Bio degradable Fluid) Filled Distribution Transformers.
  • 2022: New Plant established in Mahindra World City, Jaipur.
  • 2023: India SME Top 100 Awards 2023.
  • 2023: ET MSME Awards 2023-Excellence in MSME Sector.
  • 2023: 144 kW Roof Top Solar Plant Installed for captive consumption.
  • 2023: Best Supplier Award for Transformers from Tata Power Delhi Distribution Limited.
  • 2023: Certified for Bronze Category in Ecovadis, Paris (Environment & Sustainability).
  • 2023: Incorporated Wholly Owned Subsidiary in the name of Danish Transformer India Private Limited.
  • 2023: Awarded/Listed as Leading SME’s of India 2024 by Dun & Bradstreet.
  • 2024: Change in name of the company from ‘Danish Private Limited’ to ‘Danish Power Private Limited’.
  • 2024: Acquired 100.00% stake in Evernest Shelter Private Limited through subscribing the equity shares pursuant to which it became its Wholly Owned Subsidiary.
  • 2024: Conversion of the Company from Private Limited to Public Limited.

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