Delta Manufacturing Ltd

Delta Manufact. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Delta Manufacturing Ltd

₹ 62.1 1.65%
27 May - close price
deltamagnets.com BSE: 504286 NSE: DELTAMAGNT
About

Incorporated in 1982, Delta Manufacturing Ltd manufactures hard ferrites, soft ferrites, textile woven labels, fabric printed labels and elastic / woven tape[1]

Key Points

Business Overview:[1][2]
Company manufactures hard ferrite magnets, ring magnets, segment magnets, etc. for Loud speakers, arc magnets for automobiles, flat rectangular shaped magnets for various other applications and Isotropic rings for DC motor, dynamo etc. It has 2 primary business lines, viz.:
a) Manufacture and supply of magnets to tier 1 suppliers of all the two wheeler, three wheeler, passenger vehicles, electronic components and aerospace OEMs in India and worldwide, which we undertake through its magnet division.
b) Design, manufacture and supply of garment trims in India i.e. woven labels, heat transfers, fabric printed labels, elastic & non-elastic tapes primarily to major garment / textile companies in India

Website BSE NSE
  • Market Cap ₹ 67.4 Cr.
  • Current Price ₹ 62.1
  • High / Low ₹ 116 / 41.0
  • Stock P/E 30.5
  • Book Value ₹ 5.35
  • Dividend Yield 0.00 %
  • ROCE 6.94 %
  • ROE 21.4 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 11.6 times its book value
  • The company has delivered a poor sales growth of -2.70% over past five years.
  • Company has a low return on equity of -21.1% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
19.72 21.08 20.72 17.03 18.03 15.78 14.38 15.00 15.59 14.32 13.80 15.53 18.49
20.81 21.71 21.21 17.83 17.87 17.18 15.92 13.20 13.50 14.73 12.77 14.70 16.92
Operating Profit -1.09 -0.63 -0.49 -0.80 0.16 -1.40 -1.54 1.80 2.09 -0.41 1.03 0.83 1.57
OPM % -5.53% -2.99% -2.36% -4.70% 0.89% -8.87% -10.71% 12.00% 13.41% -2.86% 7.46% 5.34% 8.49%
0.94 3.36 0.26 -0.37 -1.79 0.15 -0.05 -6.63 -1.40 0.33 -1.79 -3.77 -2.63
Interest 1.07 0.98 1.15 0.43 0.52 0.53 0.56 0.22 0.27 0.69 0.21 0.22 0.20
Depreciation 1.18 1.17 1.18 0.78 0.78 0.80 0.81 0.64 0.62 0.81 0.59 0.68 0.87
Profit before tax -2.40 0.58 -2.56 -2.38 -2.93 -2.58 -2.96 -5.69 -0.20 -1.58 -1.56 -3.84 -2.13
Tax % 1.67% -1.72% -0.78% 1.68% -1.37% -0.39% 0.00% 2.28% -5.00% -1.90% -0.64% 13.28% -20.19%
-2.45 0.58 -2.54 -2.42 -2.90 -2.58 -2.96 -5.82 -0.19 -1.55 -1.55 -4.35 -1.70
EPS in Rs -2.26 0.53 -2.34 -2.23 -2.67 -2.38 -2.73 -5.36 -0.18 -1.43 -1.43 -4.01 -1.57
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
18.27 16.73 18.06 23.25 56.80 90.84 70.96 88.94 79.63 67.47 61.00 61.87
16.59 17.00 17.77 22.23 54.61 93.10 71.66 92.48 85.44 70.01 64.12 57.53
Operating Profit 1.68 -0.27 0.29 1.02 2.19 -2.26 -0.70 -3.54 -5.81 -2.54 -3.12 4.34
OPM % 9.20% -1.61% 1.61% 4.39% 3.86% -2.49% -0.99% -3.98% -7.30% -3.76% -5.11% 7.01%
0.39 0.69 0.65 1.08 0.82 0.81 0.40 38.57 8.72 0.83 0.78 -9.85
Interest 0.38 0.39 1.38 1.48 3.12 6.11 6.44 4.45 3.79 1.97 2.38 0.79
Depreciation 0.36 0.41 0.79 0.81 3.17 5.96 5.03 4.22 4.85 3.29 3.25 2.76
Profit before tax 1.33 -0.38 -1.23 -0.19 -3.28 -13.52 -11.77 26.36 -5.73 -6.97 -7.97 -9.06
Tax % 20.30% -10.53% 2.44% -131.58% 1.83% 0.52% -25.74% 10.81% 37.35% -0.43% -0.63% 0.88%
1.06 -0.34 -1.26 0.06 -3.34 -13.59 -8.75 23.51 -7.86 -6.94 -7.92 -9.14
EPS in Rs 1.64 -0.53 -1.95 0.09 -5.16 -12.52 -8.06 21.67 -7.24 -6.40 -7.30 -8.42
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 14%
5 Years: -3%
3 Years: -8%
TTM: 1%
Compounded Profit Growth
10 Years: 22%
5 Years: 18%
3 Years: 30%
TTM: 127%
Stock Price CAGR
10 Years: 9%
5 Years: 14%
3 Years: -7%
1 Year: -30%
Return on Equity
10 Years: -23%
5 Years: -29%
3 Years: -21%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 6.47 6.47 6.47 6.47 6.47 10.85 10.85 10.85 10.85 10.85 10.85 10.85
Reserves 18.57 18.23 22.88 23.06 30.78 17.12 8.37 31.84 23.28 15.70 3.99 -5.04
11.73 12.76 9.58 11.81 53.02 58.85 61.23 47.39 40.19 39.85 28.11 39.95
4.64 5.52 9.83 11.98 31.34 25.86 29.51 25.33 30.53 28.44 24.85 26.20
Total Liabilities 41.41 42.98 48.76 53.32 121.61 112.68 109.96 115.41 104.85 94.84 67.80 71.96
16.58 17.31 20.75 20.50 48.71 49.92 45.92 43.69 49.80 47.03 30.86 36.23
CWIP 0.47 0.39 0.36 0.12 5.31 0.00 0.00 5.02 0.03 0.45 0.14 0.02
Investments 13.98 13.98 15.61 15.61 12.77 8.65 6.96 5.37 5.67 2.00 0.33 0.11
10.38 11.30 12.04 17.09 54.82 54.11 57.08 61.33 49.35 45.36 36.47 35.60
Total Assets 41.41 42.98 48.76 53.32 121.61 112.68 109.96 115.41 104.85 94.84 67.80 71.96

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2.03 0.82 2.19 1.60 -8.47 -2.35 1.34 -6.42 2.37 1.74 1.06
-1.49 -1.39 -2.22 -2.43 -6.65 2.89 0.38 30.52 4.40 2.28 0.52
-0.53 0.64 -0.04 0.84 16.87 -2.22 -1.69 -21.35 -9.59 -4.03 -1.43
Net Cash Flow 0.01 0.07 -0.07 0.01 1.76 -1.68 0.03 2.75 -2.82 -0.01 0.15
Free Cash Flow 1.31 -0.24 1.13 1.06 -15.16 -3.72 0.54 12.36 -0.37 -0.17 -0.76
CFO/OP 133% -270% 783% 151% -377% 93% -213% 173% -42% -62% -34%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 95.50 122.39 106.10 84.77 180.38 102.74 135.28 110.89 95.25 103.33 88.74 88.79
Inventory Days 267.11 329.73 404.72 224.70 349.07 170.53 228.96 175.63 231.93 241.58 174.81 128.23
Days Payable 296.48 488.43 722.44 450.50 281.72 122.46 202.21 137.69 169.96 203.20 163.57 131.54
Cash Conversion Cycle 66.13 -36.30 -211.62 -141.02 247.73 150.81 162.03 148.82 157.22 141.71 99.97 85.48
Working Capital Days 63.33 55.20 -0.40 9.73 -103.20 -82.09 -176.89 -57.00 -78.61 -96.89 -87.48 -153.27
ROCE % 4.46% -0.13% 0.39% 3.21% -0.47% -8.57% -6.37% -8.47% -10.95% -7.11% -10.79% 6.94%

Insights

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Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Employee Strength (Headcount)
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Debtors Turnover Ratio
Times
Installed Capacity - Hard Ferrites
MT/month
Installed Capacity - Soft Ferrites
MT/month

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
72.08% 72.08% 72.08% 72.12% 72.12% 72.12% 72.12% 72.12% 72.12% 72.12% 72.12% 72.12%
0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08%
27.83% 27.84% 27.84% 27.80% 27.81% 27.81% 27.79% 27.80% 27.80% 27.80% 27.80% 27.80%
No. of Shareholders 14,14614,72213,03012,74812,56612,57712,19912,16012,51012,24711,87011,693

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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