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    Danish Power

    Jaipur-based manufacturer of power/distribution transformers, control-relay panels and substation automation systems.

    Capital Goods
    Industrials
    View DANISH earnings calls

    Overview

    Price

    Market Cap

    ₹1.6k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital22222202020
    Reserves2729344281300327442
    Borrowings1123281413432
    Other Liabilities25265250679187113
    Total Liabilities6579116108163416437576
    AssetsFixed Assets7171630356459219
    CWIP00710132615
    Investments000000310
    Other Assets58639477127339322342
    Total Assets6579116108163416437576

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-324271726-1942
    Cash from Investing0-1-10-7-11-7-41-68
    Cash from Financing-3-362-6-4165-7
    SummaryCapital Expenditure
    Free Cash Flow-333-80618-65-32
    FCF Margin

    Valuation

    Assumptions

    Current — DANISH
    Price
    ₹1,036
    EPS (TTM)
    ₹66.86
    PE (TTM)
    15.5
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (8.3×) and current (15.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,036
    vs
    Fair value · 15% return
    ₹371
    64%Overvalued

    At 10% growth and a 8× exit, ₹1036 only delivers your return if you pay ₹371. The price is currently baking in 32% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 8×.

    YearGrowthEPS (₹)
    FY2710.0%73.55
    FY2810.0%80.90
    FY2910.0%88.99
    FY3010.0%97.89
    FY3110.0%107.68
    FY328.0% ·fade116.29
    FY336.0% ·fade123.27

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Danish Power

    Guides on how to read this kind of business and the numbers that matter.