DPSC (DPSCLTD) share price, P/E, ROE & financials

On 6 Nov 2026, DPSC was priced at ₹6.45, or 80.6× trailing earnings, against an industry P/E of 10.8×, and the shares are 45% below their 52-week high. Its ROCE of 2.8% is the lowest among the 7 largest Utilities (Regulated Electric) peers, and sales grew 3.7% a year over 3 years while net profit fell 6.8%. Debt is 0.14× equity. It is a small-cap company with a market cap of ₹628 Cr, ranked 7th of 11 Utilities (Regulated Electric) companies by market cap; the shares fell 45% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Mar 2026.How we calculate this

past year

Open: ₹6.60
Day high: ₹6.60
Day low: ₹6.23
Prev. close: ₹6.48
Volume: 45.3K

Health check

1 fair · 5 to check

ReturnsBehind
−44.8% over a year, better than 0 of 7 peers.
Price tagPricier
P/E 80.6 vs industry 10.8.
GrowthSlow
Sales +3.7%, profit −6.8% a year over 3 years.
ProfitabilityWeak
ROCE 2.8% vs peer median 10.0%.
Balance sheetFair
Debt 0.14× equity, interest covered 1.9×, Piotroski 7 of 9.
Red flags4 to check
Return on equity is low at 1.4%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Utilities - Regulated Electric

10 listed peers. Screen the industry

Small cap

₹628 Cr, #7 of 11 in its industry by size.

Defensive

Beta 0.66 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Mar 2026: sales ₹683 Cr · profit ₹13 Cr

Market cap: ₹628 Cr; Small cap
P/E: 80.6; Industry 10.8
Price to book: 1.00; Peers 1.47
Dividend yield: 0.00%
ROE: 1.4%; Peers 14.5%
ROCE: 2.8%; Peers 10.0%
Debt to equity: 0.14; Debt ₹127 Cr
EPS (TTM): ₹0.08; Face value ₹1
OPM (TTM): 0.5%; Net margin 1.9%
Sales growth: +21.5%; Latest quarter vs a year ago
Profit growth: n/a; Year-ago quarter not reported
Price to sales: 0.92; EV/EBITDA 289.0

Strengths

Quarterly sales up 21.5% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 1.4%.
P/E of 80.6 against an industry P/E of 10.8.
45% below its 52-week high.
Interest coverage of only 0.2×.

Derived automatically from reported figures. Not a recommendation.

About DPSC

India Power Corporation Limited, together with its subsidiaries, engages in the generation and distribution of electricity in India. The company operates 24.8 MW of wind assets in Gujarat; 2 MW of solar asset in West Bengal; and 12 MW thermal power plants in Asansol, West Bengal. It serves government establishments, industrial houses, railways, and domestic consumers. The company was formerly known as DPSC Limited and changed its name to India Power…

Headquarters: Kolkata
Sector: Utilities
ISIN: INE360C01024
Website: indiapower.com

Price range

52 weeks

₹5.42₹11.79

Today

₹6.23₹6.60

Avg volume (3M): 96K
1-year return: minus 44.8%
From 52-week high: minus 45.3%

Peers · Utilities - Regulated Electric

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
NTPCNTPC	323.45	plus 2.13%	3,13,639	10.6	9.6	8.9%	30.8%	1.26	1.9%	minus 4.2%
POWERGRIDPower Grid Corporation of India	259.90	minus 0.48%	2,41,723	14.9	10.1	11.2%	82.3%	1.46	0.6%	minus 6.4%
NLCINDIANLC India	237.61	minus 1.60%	32,948	8.3	10.1	9.3%	31.4%	1.04	2.7%	minus 7.9%
CESCCESC	126.25	minus 3.07%	16,735	10.8	8.4	10.0%	23.0%	1.71	9.2%	minus 28.5%
GIPCLGujarat Industries Power Company	164.37	minus 5.85%	2,551	5.1	10.7	4.4%	41.2%	0.94	3.2%	minus 2.2%
BAJELBajel Projects	163.49	minus 2.83%	1,892	86.0	20.5	11.7%	3.7%	0.49	67.5%	minus 9.2%
DPSCLTDDPSC	6.45	minus 0.46%	628	80.6	136.0	2.8%	0.5%	0.14	3.7%	minus 44.8%
GVELECTRICG V Electricals	104.00	minus 1.81%	117	11.2	7.0	39.4%	10.6%	0.49	14.5%	minus 37.3%
Median of 7 peers	–	−1.81%	16,735	10.8	10.1	10.0%	30.8%	1.04	3.2%	−7.9%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26

SalesSelect a row below to chart it

Mar 25	Jun 25	Sep 25	Dec 25	Mar 26
137	164	198	155	166
155	158	191	162	169
−18.1	5.8	6.8	−6.3	−2.8
−13.2%	3.5%	3.4%	−4.1%	−1.7%
103	12.1	12	22.4	21.8
6.3	4.4	4.4	3.9	6.4
9	9	9	9	8.9
−73.5	–	–	–	–
−4.3	4.5	5.4	3.2	3.7
57.1%	31.7%	29.9%	42.4%	−12.0%
−1.9	3	3.8	1.8	4.1
-0.01	0.02	0.02	0.01	0.03

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +3.7%
Profit CAGR 3Y: −6.8%
ROE: 1.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
612	634	620	683
–	+3.6%	minus 2.2%	+10.1%
619	591	618	680
−6.3	42.6	2.5	3.4
−1.0%	6.7%	0.4%	0.5%
92.6	43.6	142	68.3
36.1	31.8	27.2	19.1
29	33.4	35.5	35.8
−0.2	1.1	−73.5	–
20.9	22.2	8.7	16.8
24.2%	22.5%	19.1%	23.5%
15.8	17.2	7	12.8
–	+8.5%	minus 59.1%	+82.3%
0.10	0.11	0.04	–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
97.4	97.4	97.4	97.4
908	919	782	793
282	213	156	127
732	830	786	840
2,020	2,059	1,822	1,857
912	895	978	966
15.3	14.3	10.1	10.9
266	259	0.7	5.1
6.3	0.9	4.5	292
820	889	829	584
2,020	2,059	1,822	1,857

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
68.3	84.7	78.9	75.2
−0.6	−17.9	−2.2	−11.2
−63.7	−71.8	−73	−64.4
4	−5.1	3.6	−0.3
−10.2	−13	−15.1	−22.6
58	71.7	63.8	52.6
−2.3	−2.3	−2.3	−2.3

Shareholding pattern

Source: NSE filings

59.1%

promoters

Promoters59.14%
Public40.86%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	59.14%	40.86%	minus 0.01
30 Jun 2026	59.15%	40.85%	minus 0.18
31 Mar 2026	59.33%	40.67%	0.00
31 Dec 2025	59.33%	40.67%	0.00
30 Sep 2025	59.33%	40.67%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you