Delta Autocorp Ltd
Incorporated in 2016, Delta Autocorp Limited is engaged in the business of manufacturing and selling 2-wheelers & 3-wheelers EVs.[1]
- Market Cap ₹ 122 Cr.
- Current Price ₹ 79.9
- High / Low ₹ 184 / 66.5
- Stock P/E 14.5
- Book Value ₹ 47.8
- Dividend Yield 0.00 %
- ROCE 23.4 %
- ROE 18.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 44.6 to 72.9 days.
* 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
Consumer Discretionary Automobile and Auto Components Automobiles 2/3 Wheelers
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2024 9m | Mar 2025 | |
---|---|---|
62.83 | 83.19 | |
53.58 | 72.20 | |
Operating Profit | 9.25 | 10.99 |
OPM % | 14.72% | 13.21% |
0.27 | 0.82 | |
Interest | 0.06 | 0.21 |
Depreciation | 0.28 | 0.29 |
Profit before tax | 9.18 | 11.31 |
Tax % | 25.38% | 25.82% |
6.84 | 8.40 | |
EPS in Rs | 221.93 | 5.49 |
Dividend Payout % | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
Mar 2024 | Mar 2025 | |
---|---|---|
Equity Capital | 0.31 | 15.29 |
Reserves | 17.47 | 57.77 |
3.87 | 3.87 | |
11.35 | 7.97 | |
Total Liabilities | 33.00 | 84.90 |
0.90 | 3.88 | |
CWIP | 1.03 | 0.00 |
Investments | 0.00 | 0.00 |
31.07 | 81.02 | |
Total Assets | 33.00 | 84.90 |
Cash Flows
Figures in Rs. Crores
Mar 2024 | Mar 2025 | |
---|---|---|
-14.40 | -12.68 | |
0.46 | -2.07 | |
14.79 | 46.67 | |
Net Cash Flow | 0.86 | 31.93 |
Ratios
Figures in Rs. Crores
Mar 2024 | Mar 2025 | |
---|---|---|
Debtor Days | 16.38 | 72.88 |
Inventory Days | 138.07 | 108.21 |
Days Payable | 57.07 | 22.88 |
Cash Conversion Cycle | 97.39 | 158.22 |
Working Capital Days | 124.20 | 186.69 |
ROCE % | 23.37% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
9 June 2025 - Delta Autocorp FY25 earnings call: 13,006 EVs sold, INR8.39 Cr PAT, new product approvals, INR23 Cr govt order.
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Updates
6 June 2025 - Re-submission of audited FY25 financials with unmodified audit opinion and IPO proceeds certificate.
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Investor Presentation
3 June 2025 - Revised investor presentation filed correcting earlier inadvertent errors for FY25 financials.
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Press Release (Revised)
2 June 2025 - FY25 revenue ₹83.18cr, PAT doubled H2 to ₹5.88cr; new EV approvals, govt orders, and retail expansion.
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Updates
31 May 2025 - Investor presentation on Delta Autocorp's FY25 financial results and business overview.
Annual reports
No data available.
Concalls
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Jun 2025Transcript PPT
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May 2025TranscriptNotesPPT
Business Model[1]
Delta Autocorp manufactures and sells electric two-wheelers (2W) and three-wheelers (3W) under the "Deltic" brand, focusing on affordable and durable EVs for tier-2 and tier-3 towns. The company is transitioning to Lithium Ferro Phosphate (LFP) batteries to enhance cost efficiency and safety.