Divine Power Energy (NSE:DPEL) Debt-to-Equity: 1.21 (As of Mar. 2026) — 49% Below Median

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NSE:DPEL Divine Power Energy Ltd NSE:DPEL
42 GF Score
Price ₹570.40
! 5 Warning Signs
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What is Divine Power Energy Debt-to-Equity?

Divine Power Energy NSE:DPEL -1.14% 42 Debt-to-Equity is 1.21 as of Mar. 2026, which is 49% below its 10-year median of 2.37. GuruFocus rates NSE:DPEL with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 2,690 Industrial Products companies, Divine Power Energy ranks worse than 90.82% on this metric.

Divine Power Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹1,205 Mil. Divine Power Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹351 Mil. Divine Power Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹1,291 Mil. Divine Power Energy's debt to equity for the quarter that ended in Mar. 2026 was 1.21.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Divine Power Energy's Debt-to-Equity or its related term are showing as below:

NSE:DPEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02   Med: 2.37   Max: 3.83
Current: 1.21

During the past 6 years, the highest Debt-to-Equity Ratio of Divine Power Energy was 3.83. The lowest was 1.02. And the median was 2.37.

NSE:DPEL's Debt-to-Equity is ranked worse than
90.82% of 2690 companies
in the Industrial Products industry
Industry Median: 0.285 vs NSE:DPEL: 1.21

Divine Power Energy  (NSE:DPEL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Divine Power Energy Debt-to-Equity Related Terms


Divine Power Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Divine Power Energy's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Divine Power Energy Debt-to-Equity Chart

Divine Power Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 3.59 2.49 2.25 1.02 1.21

Divine Power Energy Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 2.25 0.97 1.02 0.97 1.21

NSE:DPEL vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Divine Power Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Divine Power Energy Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Divine Power Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Divine Power Energy's Debt-to-Equity falls into.


NSE:DPEL
42GF Score
Divine Power Energy Ltd NSE:DPEL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Divine Power Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Divine Power Energy's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Divine Power Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.21 mean?
Divine Power Energy (NSE:DPEL) has a Debt-to-Equity of 1.21 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Divine Power Energy and its competitors. This is 49% below median its historical median of 2.37. Over the past decade, Divine Power Energy's Debt-to-Equity has ranged from 1.02 to 3.83. According to the industry distribution chart, Divine Power Energy ranks #2443 out of 2690 companies in the Industrial Products industry, placing it in the top 90.8%.
Is Divine Power Energy's Debt-to-Equity too high?
Divine Power Energy's current Debt-to-Equity of 1.21 is 49% below median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.83. The Industrial Products industry median Debt-to-Equity is 0.29. Divine Power Energy's value of 1.21 is 324.6% above this industry median. Based on the distribution chart, Divine Power Energy ranks #2443 out of 2690 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Divine Power Energy has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Divine Power Energy's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Divine Power Energy ranks #2443 out of 2690 companies for Debt-to-Equity. This places Divine Power Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.29. Divine Power Energy's value of 1.21 is 324.6% above this benchmark. Historically, Divine Power Energy's own Debt-to-Equity has ranged from 1.02 to 3.83 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 0.29, Divine Power Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,690 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Divine Power Energy's current Debt-to-Equity of 1.21 is 324.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Divine Power Energy and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Divine Power Energy's current Debt-to-Equity is 1.21, which is 49% below median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Divine Power Energy stock overvalued right now?
Divine Power Energy (NSE:DPEL) has a current Debt-to-Equity of 1.21. The current Debt-to-Equity is 1.21, which is 49% below median its 10-year median of 2.37 and 324.6% above the Industrial Products industry median of 0.29. Divine Power Energy's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Divine Power Energy (NSE:DPEL), the current Debt-to-Equity is 1.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Divine Power Energy Business Description

Address Industrial Area, Site-IV Sahibabad, 56/1 and 56/2, Ghaziabad, UP, IND, 201010
Divine Power Energy Ltd manufactures electrical conductors, wires, and strips used in the power and transformer industries. The company produces bare and winding copper and aluminum wires/strips insulated with materials like paper, cotton, and fiberglass, critical inputs for transformer manufacturers and power distribution companies. Located in Sahibabad, Ghaziabad, the company sources raw materials from top suppliers such as NALCO and Hindalco, serving sectors including solar and automobile ancillaries.
42GF Score

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