Delton Cables Ltd
Incorporated in 1948, Delton Cables Ltd is a manufacturer of cables, wires, and switchgear products.[1]
- Market Cap ₹ 368 Cr.
- Current Price ₹ 426
- High / Low ₹ 912 / 416
- Stock P/E 19.6
- Book Value ₹ 114
- Dividend Yield 0.47 %
- ROCE 19.4 %
- ROE 16.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's median sales growth is 21.6% of last 10 years
- Company's working capital requirements have reduced from 35.9 days to 20.8 days
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 11.6% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 108 | 131 | 93 | 106 | 73 | 71 | 126 | 123 | 159 | 272 | 401 | 709 | 868 | |
| 104 | 123 | 91 | 104 | 76 | 71 | 114 | 114 | 147 | 254 | 372 | 662 | 803 | |
| Operating Profit | 4 | 8 | 2 | 2 | -3 | 0 | 12 | 10 | 12 | 18 | 29 | 47 | 65 |
| OPM % | 3% | 6% | 3% | 2% | -5% | 1% | 10% | 8% | 7% | 7% | 7% | 7% | 8% |
| 1 | 2 | 9 | 1 | -0 | 59 | 3 | 2 | 1 | 1 | 8 | 12 | 2 | |
| Interest | 7 | 9 | 10 | 11 | 12 | 12 | 8 | 8 | 10 | 12 | 18 | 26 | 36 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | 1 | 2 | 4 | 6 |
| Profit before tax | -4 | -0 | 0 | -9 | -16 | 47 | 6 | 1 | 1 | 7 | 18 | 29 | 26 |
| Tax % | -31% | 43% | -111% | -17% | -18% | -8% | -5% | 52% | 27% | 91% | 18% | 28% | |
| -3 | -1 | 1 | -7 | -13 | 50 | 6 | 1 | 1 | 1 | 15 | 21 | 19 | |
| EPS in Rs | -3.02 | -0.76 | 1.09 | -8.32 | -15.16 | 58.31 | 6.82 | 0.72 | 0.89 | 0.67 | 16.97 | 23.74 | 22.10 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | 9% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 41% |
| 3 Years: | 65% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 16% |
| 3 Years: | 157% |
| TTM: | 69% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 64% |
| 3 Years: | 83% |
| 1 Year: | -43% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 8% |
| 3 Years: | 12% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 18 | 12 | 12 | 4 | -10 | 40 | 46 | 47 | 47 | 48 | 63 | 82 | 89 |
| 50 | 53 | 61 | 64 | 69 | 55 | 47 | 62 | 71 | 75 | 113 | 184 | 255 | |
| 30 | 32 | 25 | 31 | 30 | 40 | 34 | 26 | 34 | 52 | 83 | 153 | 151 | |
| Total Liabilities | 101 | 105 | 107 | 107 | 98 | 144 | 135 | 143 | 161 | 184 | 267 | 428 | 505 |
| 8 | 7 | 6 | 4 | 3 | 5 | 10 | 11 | 10 | 11 | 18 | 50 | 71 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 |
| 93 | 98 | 101 | 103 | 95 | 139 | 125 | 132 | 150 | 174 | 250 | 378 | 434 | |
| Total Assets | 101 | 105 | 107 | 107 | 98 | 144 | 135 | 143 | 161 | 184 | 267 | 428 | 505 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | -7 | 6 | 7 | -29 | -15 | -8 | 1 | 2 | -27 | -14 | |
| 0 | 1 | 8 | 1 | 1 | 57 | 34 | -2 | -0 | -2 | 10 | -12 | |
| -1 | -5 | -0 | -20 | 6 | -26 | -14 | 6 | -2 | -1 | 20 | 30 | |
| Net Cash Flow | 0 | -0 | 1 | -12 | 13 | 2 | 6 | -4 | -1 | 0 | 3 | 4 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 141 | 117 | 147 | 145 | 136 | 162 | 75 | 99 | 80 | 69 | 87 | 83 |
| Inventory Days | 155 | 140 | 223 | 188 | 317 | 266 | 245 | 259 | 245 | 151 | 132 | 108 |
| Days Payable | 122 | 97 | 122 | 116 | 161 | 174 | 104 | 87 | 89 | 76 | 88 | 90 |
| Cash Conversion Cycle | 174 | 160 | 247 | 216 | 292 | 255 | 216 | 272 | 236 | 144 | 131 | 101 |
| Working Capital Days | 18 | 20 | 42 | 10 | -44 | -71 | 52 | 69 | 69 | 51 | 36 | 21 |
| ROCE % | 5% | 11% | 3% | 3% | -5% | 2% | 13% | 9% | 9% | 14% | 19% | 19% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employees Number |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Feb - Copy of Newspaper Publication for opening of the Special Window for Re-lodgement of Transfer Requests of Physical Shares.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
14 Feb - CESTAT allowed Delton appeal; excise duty demand with interest and penalty set aside on Feb 13, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Copy of Newspaper Publication for Un-audited Financial Results for the quarter ended December 31, 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
12 Feb - Investor Presentation for the quarter ended December 31, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Feb - Q3 revenue ₹2,684m (+42%); Q3 Adj. PAT ₹37.5m (+11%); 9M revenue ₹6,660.7m; order book ₹6,940m.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Portfolio:[1]
a) Wire & Cables:
Power & Control Cables, Instrumentation Cables, Building Wires, Flexible Cables, Medium Voltage Cables, Abc Cables, Railway Signaling Cables, Solar Ac/dc Cables, Cat 5/ Cat 6 / Lan Cables (Utp & Stp), Rubber Cable, Lead Sheath Cables, Telephone Cables, Aerial Self Supporting Telephone Cables, Drop Wire, Coaxial Cables, Welding Cable, Cathodic Protection Cables, Thermocouple & Compensating Cables, Special Cables
b) Switchgear:
Mcb, Mcb Isolator, Mcb Changeover, Rccb, Mccb, Onload Changeover Switch, Off Load Changeover Switch, Load Break Changeover Switch, By Pass Changeover, Sp&n Horizontal Db, Sp&n Horizontal With Acrylic Window Db, Tp&n Horizontal Db, Tp&n Horizontal Double Door Db, Mcb Enclosures, Phase Selector Db, Vertical Tp&n Db, Multitier Db, Row Type Distribution Boards, Plug & Socket