Divine Power Energy Ltd IPO 2026
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 22272.00 | 15084.20 | 12290.38 |
| Profit After Tax | 640.59 | 284.94 | 80.51 |
| EBITDA | — | — | — |
| Net Worth | 2556.53 | 1915.94 | 1246.00 |
| Total Assets | 8889.24 | 7253.31 | 6276.46 |
| Reserves & Surplus | 978.62 | 338.03 | 123172.01 |
| Total Borrowings | 5785.44 | 4763.84 | 4466.34 |
Incorporated in 2001, Divine Power Energy Limited manufactures Bare Copper/Aluminum Wire, Bare Copper/Aluminum Strip, Winding Copper/Aluminum Wire, and Winding Copper/Aluminum Strip. Winding wires/strips are produced by annealing and insulating wires/strips and covering them with materials like paper, cotton, fibreglass, etc.
The company has sent fiberglass-covered wires/strips to markets in Punjab, Bengaluru, and Ahmedabad. It sees potential in markets like Maharashtra.
The company primarily sells winding wires to power distribution companies and transformer manufacturers.
The company's clients include TATA Power Limited, Pashchimanchal Vidyut Vitran Nigam Limited, BSES, Madhyanchal Vidyut Vitaran Nigam Limited, Dakshinanchal Vidyut Vitran Nigam Limited, Purvanchal Vidyut Vitaran Nigam Limited, Uttarakhand Power Corporation Limited, etc.
The company's manufacturing facility is in Sahibabad, Ghaziabad. It covers a total area of 1,777 square meters. The facility can handle 300 metric tonnes of aluminum and 400 metric tonnes of copper per month.
DPEL is an ISO 9001:2015 certified by International Management Certification, a body accredited by the Global Accreditation Assessment Forum Series.
As of June 2024, the company employs a total of 40 people in various departments.