Danish Power Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Danish Power Ltd. is an Indian electrical equipment manufacturer specializing in the design and production of power and distribution transformers. The company serves diverse sectors, including renewable energy (solar and wind), power transmission and distribution, and industrial applications. With a focus on high-voltage and specialty transformers, Danish Power supports large-scale infrastructure projects across India and internationally.

Key Points

• Key Facts:
  • Founded Year: 1985.
  • Headquarters: Jaipur, Rajasthan, India.
  • Parent Company: Independent entity; key promoters include Dinesh Talwar and Shivam Talwar.
  • Products: Power transformers, distribution transformers, control relay panels, and mobile substations.
  • Stock Listing: Listed on the NSE SME platform (Stock Code: DANISH).
• Operations and Resources:
  • The company operates three manufacturing units located in Sitapura and Mahapura (Jaipur).
  • Facilities are equipped for in-house testing and engineering, capable of manufacturing transformers up to 500 MVA and voltage classes up to 400 kV.
  • Integration includes in-house design and fabrication of critical transformer components.
• Market and Significance:
  • Danish Power is a critical supplier to the renewable energy sector, providing inverter-duty transformers for solar power plants and specialized transformers for wind farms.
  • It serves major public and private utilities and large industrial conglomerates.
• Business Model:
  • The business model is built on high-specification engineering and customization.
  • The company excels in technical compliance for utility-grade equipment and has a proven track record in the renewable energy space, which demands specific duty-cycle capabilities.
• Revenue Breakdown (FY24):
  • Total Revenue: ₹332.4 crore (based on Prospectus/Restated Financials for the year ended March 31, 2024).
  • Geographical Region: Primarily domestic (India), with a growing focus on indirect exports through EPC contractors.
  • Segment Performance: The majority of revenue is derived from the Transformer segment, followed by Control Relay Panels.
• Key Products and Technology:
  • Inverter Duty Transformers: Specifically designed for solar power integration.
  • Oil-immersed & Dry-type Transformers: Used across various industrial and commercial utilities.
  • Mobile Substations: Providing rapid power restoration and temporary grid connections.
  • Technology: Implementation of high-grade insulation and cooling systems to meet strict efficiency standards (like BEE ratings).
• Clients and Partnerships:
  • Notable clients include Tata Power Solar Systems, Adani Green Energy, Reliance Industries, and various state electricity boards like GETCO and RVPNL.
  • The company secures large-scale supply contracts through competitive bidding and long-term framework agreements with private developers.
• Employees and Strategic Initiatives:
  • Employee Count: Approximately 350+ permanent employees as of the latest filings.
  • Strategic Initiatives: Expansion into higher voltage classes (up to 765 kV) and increasing manufacturing capacity at the Mahapura plant to meet the rising demand from the green energy transition.
  • Future Outlook: Focused on capitalising on the Indian government's "Pradhan Mantri Suryodaya Yojana" and the broader shift toward 500 GW of non-fossil fuel capacity by 2030.

References

1. Prospectus Oct 2024