MarketFriction

Delta Manufacturing Ltd

NSE DELTAMAGNT · BSE 504286 · Other Industrial Products
₹54.08 -5.44%
NSE close2026-10-01
52 week range45.51 - 86.00
Market cap₹63.4 Cr.
Price band 20% Delivery 75.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales20.7217.0318.0315.7814.3815.0015.5914.3213.8015.5318.4919.08
Expenses21.2117.8317.8817.2015.9213.2313.6515.3713.6315.5517.8317.94
Operating Profit-0.49-0.800.15-1.42-1.541.771.94-1.050.17-0.020.661.14
OPM %-2.36%-4.70%0.83%-9.00%-10.71%11.80%12.44%-7.33%1.23%-0.13%3.57%5.97%
Other Income0.28-0.37-1.81-0.16-0.05-6.63-1.430.33-1.79-3.77-2.630.46
Interest1.150.430.520.530.560.220.270.690.210.220.200.87
Depreciation1.180.780.780.800.810.640.620.810.590.680.871.04
Profit before tax-2.54-2.38-2.96-2.91-2.96-5.72-0.38-2.22-2.42-4.69-3.04-0.31
Tax %-0.79%1.68%-1.35%-0.34%0.00%2.27%-2.63%-1.35%-0.41%10.87%-14.14%0.00%
Net Profit-2.52-2.42-2.92-2.91-2.96-5.85-0.37-2.18-2.41-5.20-2.62-0.31
EPS in Rs-2.32-2.23-2.69-2.68-2.73-5.39-0.34-2.01-2.22-4.79-2.41-0.29
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales55607210112470888067616267
Expenses5458689612471918570646165
Operating Profit1235-0-1-3-6-3-312
OPM %2.2%3.2%4.8%4.5%-0.1%-0.8%-4.0%-7%-3.8%-5%1.7%2.9%
Other Income-20101234-0-3-3-10-8
Interest345566442212
Depreciation222475453333
Profit before tax-6-4-3-4-12-1022-15-10-12-12-10
Tax %23%15%18%-7%2%-31%13%15%-0%-0%1%
Net Profit-7-4-3-3-12-719-17-10-12-12-11
EPS in Rs-10.54-6.74-5.04-5.15-11.34-6.1817.76-15.43-9.58-11.14-11.44-9.71
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth1%-3%-8%13%
Compounded Profit Growth6%13%24%65%
Stock Price CAGR5%1%-15%-30%
Return on Equity-22%-28%-38%-13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6666611111111111111
Reserves272122184332264427164-9
Borrowings293836455762674740402840
Other Liabilities131320233432332728282526
Total Liabilities76798492140137137130105956868
Fixed Assets384245465964604650473136
CWIP410050050000
Investments000062136200
Other Assets343639477071767650463632
Total Assets76798492140137137130105956868
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5-42-12-03-3-4211
Cash from Investing Activity-16-2-4-2-71-043-320-10
Cash from Financing Activity136046-3-2-26-10-4-19
Net Cash Flow10-211-2114-17-0-00
Free Cash Flow-11-6-0-4-5-42-12-5-0-1-9
CFO/OP177%-335%136%-33%52%-124%-615%71%39%-57%-33%72%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days791009610012598179113951038972
Inventory Days192192213169187149340181232242175128
Days Payable123168178143146119282147172203164132
Cash Conversion Cycle14912413112616612823714715514210069
Working Capital Days18-5-35-38-25-41-119-64-65-97-88-173
ROCE %4%0%0%3%1%-6%-5%-7%-10%-7%-11%-0%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.08%72.08%72.12%72.12%72.12%72.12%72.12%72.12%72.12%72.12%72.12%72.12%
DIIs0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%
Public27.84%27.84%27.80%27.81%27.81%27.79%27.80%27.80%27.80%27.80%27.80%27.80%
No. of Shareholders14,72213,03012,74812,56612,57712,19912,16012,51012,24711,87011,69311,618

Fundamentals

Market Cap₹ 63.4 Cr.
Current Price₹ 58.4
Book Value₹ 2.12
ROCE-0.45 %
ROE-12.5 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)65%
Consolidated figures.
Valuation
Market capRs 59 Cr
Enterprise valueRs 98 Cr
Price to book25.51x
Price to sales0.88x
EV / sales1.47x
Price to cash flow88.91x
Earnings yield-17.96%
P/B, 3-year average3.95x
P/E, 5-year average3.83x
P/B, 5-year average2.80x
Profitability
Operating margin (excl. other income)1.73%
Operating margin (incl. other income)-14.19%
EBITDA margin-8.64%
Pre-tax margin-15.64%
Net profit margin-15.75%
Net margin, latest quarter-1.62%
ROE-146.86%
ROCE-27.17%
ROA-18.25%
ROE, 3-year average-79.15%
ROCE, 3-year average-18.90%
ROA, 3-year average-14.49%
ROE, 5-year average-46.33%
ROCE, 5-year average-8.58%
ROA, 5-year average-8.65%
ROIC (approx.)-21.63%
Tax rate-0.65%
Other income / net worth-428.26%
Growth
Sales growth (latest year)1.43%
Sales CAGR, 3 years-8.07%
Sales CAGR, 5 years-2.58%
Sales growth QoQ3.19%
Sales growth YoY (latest quarter)33.24%
Per share
EPS (TTM)Rs -9.71
EPS (latest quarter)Rs -0.29
EPS, 3-year averageRs -10.36
EPS, 5-year averageRs -4.60
Book value per shareRs 2.12
Sales per shareRs 61.66
Cash flow per shareRs 0.61
Free cash flow per shareRs -8.29
Efficiency
Asset turnover0.90x
Fixed asset turnover1.71x
Inventory turnover3.40x
Inventory days107 days
Debtor days72 days
Debtors turnover5.05x
Creditor days132 days
Cash conversion cycle69 days
Working capital days-173 days
Leverage
Total debtRs 40 Cr
Cash and bankRs 1 Cr
Net debtRs 39 Cr
Debt to equity17.37x
Interest coverage-5.97x
Owners' fund to total sources3.36%
Debt to assets58.36%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -10 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -9 Cr
FCFE (approx.: FCF + change in debt)Rs 3 Cr
Sales to cash flow93.74x
Statement figures
Net sales (TTM)Rs 67 Cr
Net sales (latest year)Rs 62 Cr
Sales (latest quarter)Rs 19 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs -8 Cr
EBITDA (TTM)Rs -6 Cr
PBDT (TTM)Rs -7 Cr
Profit before tax (TTM)Rs -10 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -11 Cr
Net profit (latest year)Rs -12 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 28 Cr
Total expenditure (latest year)Rs 61 Cr
Total income (latest year)Rs 52 Cr
Share capitalRs 11 Cr
ReservesRs -9 Cr
Shareholders' fundsRs 2 Cr
Total assetsRs 68 Cr
Net blockRs 36 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 12 Cr
InventoryRs 8 Cr
Other liabilitiesRs 26 Cr
Shares outstanding (crore)1.08
Ownership
Promoter holding72.12% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 25.51 is at the 96th percentile (median 2.35).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodDELTAMAGNTNifty 50Difference
1 week-0.7%-2.8% +2.1 pts
1 month-7.5%-6.8% -0.7 pts
3 months-10.0%-7.6% -2.4 pts
6 months+17.1%+0.4% +16.7 pts
1 year-37.4%-9.9% -27.5 pts
2 years-45.4%-13.6% -31.9 pts
3 years-39.5%+14.2% -53.7 pts
5 years+3.0%+27.9% -24.9 pts

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 42% while net profit fell in 2026
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹19 Cr +33.2% vs Jun 2025. Net loss ₹0 Cr.
Against our estimate for Jun 2026: sales +20.0%, profit +88.1% beat. Our estimate for Sep 2026: sales Rs 17 Cr, profit Rs -3 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-13Annual General Meeting
2023-09-07Annual General Meeting
2022-09-20Annual General Meeting
2021-09-17 Annual General Meeting
2020-09-18 Annual General Meeting
2019-09-19 Annual General Meeting
2018-09-18 Annual General Meeting
2017-09-18 Annual General Meeting
2016-09-15 Annual General Meeting
2015-08-28 Annual General Meeting
2014-09-19Annual General Meeting
2013-08-30Annual General Meeting
2012-09-14Annual General Meeting
2011-09-22Annual General Meeting
2010-09-14Annual General Meeting
2009-09-18Annual General Meeting
2008-09-19Annual General Meeting
2007-09-12Agm
2006-08-14Agm
DateTypeWhat it says
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-07UpdatesIntimation pursuant Regulation 36(1)(b) of Listing Regulations.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-08-14General UpdatesSubmission of Reclassification Application.
2026-08-12Board meeting outcomeOutcome of Board Meeting held on August 12, 2026.
2026-08-12General UpdatesGeneral Updates
2026-08-12Board meeting outcomeDelta Manufacturing Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-05UpdatesThe Company has received a request from Mr. Chand Arora seeking his reclassification from "Promoter/Promoter Group" of the Company.
2026-07-23General UpdatesGeneral Updates
2026-07-03General UpdatesGeneral Updates
2026-06-11General UpdatesGeneral Updates
2026-05-27Board meeting outcomeDelta Manufacturing Limited has submitted to the Exchange, the Audited financial results for the period ended March 31, 2026.
2026-04-29Disclosure under SEBI TakeovJaydev Mody has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India (Substa...
2026-03-25Shareholder meetingProceedings of Extraordinary General Meeting held on March 25, 2026
2026-02-27Shareholder meetingNotice of Extraordinary General Meeting to be held on March 25, 2026
2026-02-12Board meeting outcomeOutcome of Board Meeting held on 12th February,2026
2026-02-12Board meeting outcomeOutcome of Board meeting held on February 12, 2026.
2026-01-31General UpdatesDiscolusre under regulation 30 of SEBI LODR
2026-01-30UpdatesUpdate - Disclosure pursuant to Regulation 30
2025-12-23Closure of operationsClosure of Hard Ferrite Division of the Company
2025-12-23Board meeting outcomeOutcome of Board meeting held on December 23, 2025.
2025-11-13Board meeting outcomeDelta Manufacturing Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-11-13Board meeting outcomeOutcome of Board meeting held on November 13, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2019-02-28NCLTDelta Magnets Ltd. Vs N/A
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Delta Manufacturing Ltd?

Delta Manufacturing Ltd (DELTAMAGNT) has a market capitalisation of Rs 63.4 Cr. at the 2026-10-01 close.

What were Delta Manufacturing Ltd's latest quarterly results?

In the Jun 2026 quarter, Delta Manufacturing Ltd sales was Rs 19 Cr (+33.2% vs Jun 2025) with a net loss of Rs 0 Cr.

What is the 52-week high and low of Delta Manufacturing Ltd?

The 52-week high is Rs 86.00 and the 52-week low is Rs 45.51.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03