Delta Manufacturing Ltd

₹ 58.4 2.04%

04 Sep - close price

deltamagnets.com BSE: 504286 NSE: DELTAMAGNT

About

Incorporated in 1982, Delta Manufacturing
Ltd manufactures hard ferrites and textiles.^[1]

Key Points

Business Overview:^[1]
a) DML manufactures and supply magnets to tier 1 suppliers of all the two wheeler, three wheeler, passenger vehicles, electronic components and aerospace OEMs in India and worldwide, through its magnet division.
b) It also undertakes design, manufacture
and supply of a wide range of garment trims
in India i.e. woven labels, heat transfers, fabric printed labels, elastic and non-elastic tapes primarily to major garment / textile companies
in India.

Website BSE NSE

Market Cap ₹ 63.4 Cr.
Current Price ₹ 58.4
High / Low ₹ 94.4 / 41.0
Stock P/E
Book Value ₹ 2.12
Dividend Yield 0.00 %
ROCE -0.45 %
ROE -12.5 %
Face Value ₹ 10.0

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Pros

Cons

Stock is trading at 27.6 times its book value
Company has low interest coverage ratio.
The company has delivered a poor sales growth of -2.58% over past five years.
Company has a low return on equity of -38.5% 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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Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	21.08	20.72	17.03	18.03	15.78	14.38	15.00	15.59	14.32	13.80	15.53	18.49	19.08
	21.72	21.21	17.83	17.88	17.20	15.92	13.23	13.65	15.37	13.63	15.55	17.83	17.94
Operating Profit	-0.64	-0.49	-0.80	0.15	-1.42	-1.54	1.77	1.94	-1.05	0.17	-0.02	0.66	1.14
OPM %	-3.04%	-2.36%	-4.70%	0.83%	-9.00%	-10.71%	11.80%	12.44%	-7.33%	1.23%	-0.13%	3.57%	5.97%
	0.26	0.28	-0.37	-1.81	-0.16	-0.05	-6.63	-1.43	0.33	-1.79	-3.77	-2.63	0.46
Interest	0.98	1.15	0.43	0.52	0.53	0.56	0.22	0.27	0.69	0.21	0.22	0.20	0.87
Depreciation	1.17	1.18	0.78	0.78	0.80	0.81	0.64	0.62	0.81	0.59	0.68	0.87	1.04
Profit before tax	-2.53	-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 %	-0.40%	-0.79%	1.68%	-1.35%	-0.34%	0.00%	2.27%	-2.63%	-1.35%	-0.41%	10.87%	-14.14%	0.00%
	-2.52	-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	-2.32	-2.23	-2.69	-2.68	-2.73	-5.39	-0.34	-2.01	-2.22	-4.79	-2.41	-0.29
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	56	55	60	72	101	124	70	88	80	67	61	62	67
	53	54	58	68	96	124	71	91	85	70	64	61	65
Operating Profit	3	1	2	3	5	-0	-1	-3	-6	-3	-3	1	2
OPM %	4.9%	2.2%	3.2%	4.8%	4.5%	-0.1%	-0.8%	-4.0%	-7%	-3.8%	-5%	1.7%	2.9%
	0	-2	0	1	0	1	2	34	-0	-3	-3	-10	-8
Interest	1	3	4	5	5	6	6	4	4	2	2	1	2
Depreciation	1	2	2	2	4	7	5	4	5	3	3	3	3
Profit before tax	2	-6	-4	-3	-4	-12	-10	22	-15	-10	-12	-12	-10
Tax %	20%	23%	15%	18%	-7%	2%	-31%	13%	15%	-0%	-0%	1%
	1	-7	-4	-3	-3	-12	-7	19	-17	-10	-12	-12	-11
EPS in Rs	1.90	-10.54	-6.74	-5.04	-5.15	-11.34	-6.18	17.76	-15.43	-9.58	-11.14	-11.44	-9.71
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	1%
5 Years:	-3%
3 Years:	-8%
TTM:	13%

Compounded Profit Growth
10 Years:	6%
5 Years:	13%
3 Years:	24%
TTM:	65%

Stock Price CAGR
10 Years:	6%
5 Years:	2%
3 Years:	-19%
1 Year:	-35%

Return on Equity
10 Years:	-22%
5 Years:	-28%
3 Years:	-38%
Last Year:	-13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	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	6	6	6	6	11	11	11	11	11	11	11
Reserves	27	21	22	18	43	32	26	44	27	16	4	-9
	29	38	36	45	57	62	67	47	40	40	28	40
	13	13	20	23	34	32	33	27	28	28	25	26
Total Liabilities	76	79	84	92	140	137	137	130	105	95	68	68
	38	42	45	46	59	64	60	46	50	47	31	36
CWIP	4	1	0	0	5	0	0	5	0	0	0	0
Investments	0	0	0	0	6	2	1	3	6	2	0	0
	34	36	39	47	70	71	76	76	50	46	36	32
Total Assets	76	79	84	92	140	137	137	130	105	95	68	68

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5	-4	2	-1	2	-0	3	-3	-4	2	1	1
	-16	-2	-4	-2	-7	1	-0	43	-3	2	0	-10
	13	6	0	4	6	-3	-2	-26	-10	-4	-1	9
Net Cash Flow	1	0	-2	1	1	-2	1	14	-17	-0	-0	0
Free Cash Flow	-11	-6	-0	-4	-5	-4	2	-12	-5	-0	-1	-9
CFO/OP	177%	-335%	136%	-33%	52%	-124%	-615%	71%	39%	-57%	-33%	72%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	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	79	100	96	100	125	98	179	113	95	103	89	72
Inventory Days	192	192	213	169	187	149	340	181	232	242	175	128
Days Payable	123	168	178	143	146	119	282	147	172	203	164	132
Cash Conversion Cycle	149	124	131	126	166	128	237	147	155	142	100	69
Working Capital Days	18	-5	-35	-38	-25	-41	-119	-64	-65	-97	-88	-173
ROCE %	4%	0%	0%	3%	1%	-6%	-5%	-7%	-10%	-7%	-11%	-0%

Insights

In beta

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Foreign Exchange Earnings
₹ Lakhs

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				x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx
								xxx	xxx

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Permanent Employees
number

Fabric Printed Labels Revenue
₹ Lakhs ・Standalone data

Hard Ferrite Segment Revenue
₹ Lakhs

Textile Segment Revenue
₹ Lakhs

Woven Labels Revenue
₹ Lakhs ・Standalone data

Soft Ferrite Segment Revenue
₹ Lakhs

Hard Ferrite Installed Capacity
MT/month

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	72.08%	72.08%	72.12%	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%
	27.84%	27.84%	27.80%	27.81%	27.81%	27.79%	27.80%	27.80%	27.80%	27.80%	27.80%	27.80%
No. of Shareholders	14,722	13,030	12,748	12,566	12,577	12,199	12,160	12,510	12,247	11,870	11,693	11,618

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Jun 2026
	72.15%	72.15%	72.15%	70.71%	71.23%	71.23%	72.08%	72.12%	72.12%	72.12%	72.12%
	0.14%	0.14%	0.15%	0.11%	0.09%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%
	27.71%	27.71%	27.70%	29.18%	28.68%	28.69%	27.84%	27.80%	27.80%	27.80%	27.80%
No. of Shareholders	3,948	3,931	4,024	15,482	14,083	14,217	14,339	12,748	12,160	11,693	11,618

* 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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Delta Manufacturing Ltd

Delta Manufacturing Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports