About Diamond Power Transformers Limited
Data last updated:
Diamond Power Transformers Limited is a public limited company based in Vadodara, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 28 December 2007.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31102GJ2007PLC052486. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹21.98 Cr. It is led by directors including Amit Suresh Bhatnagar (Managing Director) and Ashok Kumar Singh.
Its last annual general meeting (AGM) was held on 17 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 101/B/7 G I D C Estate Ranoli, Vadodara, Gujarat, India – 390350.
As per the financials filed for FY 2016, the company reported a revenue of ₹201.11 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹5.69 Cr (net margin -2.8%) and EBITDA of ₹5.15 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 5% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹395.6 Cr and satisfied charges of ₹20 Cr on record. Court records list 14 cases involving the company, including 3 filed by the company and 4 filed against it; 4 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹31.95 Cr; the latest was in January 2016.
The last known website on record is dicabs.com.
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- Registered Address101/B/7 G I D C Estate Ranoli, Vadodara, Gujarat, India – 390350
- IndustryEnergy and Power, Power Equipment Manufacturers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Diamond Power Transformers Limited FY 2016 filings available
Diamond Power Transformers Limited reported revenue of ₹201.11 Cr (down 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Diamond Power Transformers Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 40% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Diamond Power Transformers Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹201.11 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹5.15 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹5.69 Cr | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Diamond Power Transformers Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.6% | •••• |
| Net Profit Margin | -2.8% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Diamond Power Transformers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Diamond Power Transformers Limited
Auditor information for Diamond Power Transformers Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Diamond Power Transformers Limited
Diamond Power Transformers has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Singh | Director | 24 Oct 2015 | 10 Years 11 Months | As last reported |
| Sumit Suresh Bhatnagar Also directs: Diamond Infosystems Limited, Diamond Power Transmission Private Limited, Diamond Projects Limited and 1 more | Director | 28 Dec 2007 | 18 Years 9 Months | As last reported |
| Jayramrao Chandravadan Marathe | Additional Director | 05 May 2017 | 9 Years 5 Months | As last reported |
| Amit Suresh Bhatnagar Also directs: Diamond Infosystems Limited, Diamond Power Transmission Private Limited, Diamond Projects Limited and 1 more | Managing Director | 28 Dec 2007 | 18 Years 9 Months | As last reported |
Ownership and Shareholding of Diamond Power Transformers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Diamond Power Transformers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2013 | Axis Trustee Services Limited | ₹95 Cr | Open |
| 30 Apr 2013 | Indian Overseas Bank | ₹5 Cr | Open |
| 26 Apr 2013 | Indian Overseas Bank | ₹114.6 Cr | Open |
| 29 Mar 2013 | Indian Overseas Bank | ₹5 Cr | Open |
| 29 Mar 2013 | Indian Overseas Bank | ₹5 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Diamond Power Transformers Limited
Diamond Power Transformers Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹31.95 Cr; the latest was in January 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Funding round | ₹23.95 Cr | Investors: Diamond Power Transmission Private Limited |
| Mar 2011 | Funding round | ₹5 Cr | Investors: Diamond Power Infrastructure Limited |
| Mar 2008 | Funding round | ₹3 Cr | Investors: Diamond Power Infrastructure Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Diamond Power Infrastructure Limited , S N Bhatnagar HUF, 2 individuals Seller: Diamond Power Infrastructure Limited , 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Diamond Power Transformers Limited
Diamond Power Transformers Limited has 14 court cases on record: 3 filed by Diamond Power Transformers, 4 filed against it, 7 where it is another party. 4 cases are pending and 10 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 4 |
| High courts | 5 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sicom Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Amba Shipping & Logistics Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Amba Shipping & Logistics Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Sicom Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Sicom Limited | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Diamond Power Transformers Limited
Diamond Power Transformers Limited has a workforce of 72 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Diamond Power Transformers Limited
Diamond Power Transformers Limited has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Ashok Kumar Singh ceased to be Director on 07 Jun 2018.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Diamond Power Transformers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Diamond Power Transformers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Diamond Power Transformers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Diamond Power Transformers Limited
Diamond Power Transformers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Diamond Power Transformers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Diamond Power Transformers Limited
Frequently Asked Questions about Diamond Power Transformers Limited
Diamond Power Transformers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Diamond Power Transformers is a company under liquidation, formerly operating as a public limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 28 December 2007 and is registered under CIN U31102GJ2007PLC052486. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Diamond Power Transformers reported revenue of ₹201.11 Cr for FY 2016 (down 40% YoY).
Diamond Power Transformers has 4 current directors:
- Amit Suresh Bhatnagar - Managing Director
- Ashok Kumar Singh - Director
- Sumit Suresh Bhatnagar - Director
- Jayramrao Chandravadan Marathe - Additional Director
Diamond Power Transformers reported a net loss of ₹5.69 Cr (net margin -2.8%) and EBITDA of ₹5.15 Cr (EBITDA margin 2.6%) for FY 2016, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Diamond Power Transformers is -19% over three years and -5% over five years. In the latest year (FY 2016) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Diamond Power Transformers is U31102GJ2007PLC052486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamond Power Transformers has open charges of ₹395.6 Cr and satisfied charges of ₹20 Cr as per latest MCA filings.
Diamond Power Transformers has 14 court cases on record: 3 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Diamond Power Transformers was incorporated on 28 December 2007. It is registered with the Registrar of Companies, Ahmedabad.