Delta Manufacturing Ltd
NSE: DELTAMAGNT · Other Industrial Products · sector
₹52.12NSE close 2026-10-26
Key numbers
Market cap₹57 cr
Price₹52.12
52w high / low₹85 / ₹46
P/E–Sector median 23.1x
P/B24.5xSector median 3.1x
Book value₹2.1
Dividend yield–Sector median 0.43%
ROE-124.6%Sector median 9.8%
ROCE5.5%Sector median 13.0%
OPM5.5%Sector median 10.1%
Debt / equity16.97xSector median 0.23x
EV/EBITDA25.9xSector median 14.2x
Interest cover1.1x
Current ratio0.48x
Sales growth 3y-8.1%Sector median +13.6%
Profit growth 3y–Sector median +11.4%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Other Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹39 cr (FY26): borrowings are higher by ₹39 cr.
- Operating profit covered interest 1.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 8 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Debtor days went from 83 (FY24) to 72 (FY26).
- No dividend in the last 5 financial years.
- Price ₹52.12 on 2026-10-26: -38.4% from the 52-week high, +14.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹120.88 · low ₹50.17
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 15 | 16 | 14 | 14 | 16 | 18 | 19 |
| EBITDA | -1 | 0 | -0 | -0 | -0 | 1 | 2 | 2 |
| OPM % | -4.6% | 1.4% | -1.8% | -2.9% | -3.4% | 5.3% | 8.5% | 9.2% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Net profit | -3 | -6 | -0 | -2 | -2 | -5 | -3 | -0 |
| EPS (₹) | -2.73 | -5.39 | -0.34 | -2.01 | -2.22 | -4.79 | -2.42 | -0.29 |
| Revenue YoY | -28.0% | +2.8% | +17.6% | +33.2% | ||||
| Profit YoY | – | – | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 88 | 80 | 84 | 61 | 62 | 67 |
| EBITDA | 22 | -8 | -2 | -3 | 4 | 4 |
| Net profit | 18 | -17 | -10 | -12 | -12 | -11 |
| EPS (₹) | 17.77 | -15.42 | -9.57 | -11.14 | -11.44 | -9.72 |
| Revenue growth | -9.5% | +4.9% | -27.0% | +1.4% | +3.8% | |
| Profit growth | -190.8% | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -8.1% | -9.9% | +3.8% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -22.6% (2y) | -33.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 38 | 27 | 15 | 2 |
| Borrowings | – | 40 | 40 | 28 | 39 |
| Cash & equivalents | – | 7 | 3 | 0 | 1 |
| Total assets | – | 105 | 95 | 68 | 68 |
| Fixed assets | – | 50 | 47 | 31 | 36 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 21 | 19 | 15 | 12 |
| Inventory | – | 18 | 16 | 11 | 8 |
| Payables | – | 13 | 14 | 11 | 8 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -3 | -4 | 2 | 1 | 1 |
| Cash from investing | 43 | -3 | 2 | 0 | -10 |
| Cash from financing | -26 | -10 | -4 | -1 | 9 |
| Capex | 10 | 1 | 2 | 2 | 12 |
| Free cash flow | -13 | -5 | -0 | -1 | -11 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -44.6% | -38.7% | -82.8% | -538.2% |
| ROCE % | – | -14.2% | -8.6% | -13.8% | 7.4% |
| Debtor days | – | 95 | 83 | 89 | 72 |
| Inventory days | – | 232 | 189 | 175 | 128 |
| Payable days | – | 172 | 159 | 164 | 131 |
| Cash conversion cycle (days) | – | 155 | 113 | 100 | 69 |
| Working capital days | – | -33 | -65 | -85 | -169 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 72.12% |
| DIIs | 0.08% |
| of which Mutual funds | 0.01% |
| Public (non-institutions) | 27.80% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 72.12% | 72.12% | 72.12% | 72.12% | 72.12% | 72.12% | 72.12% | 72.12% |
| Promoter group | % |
|---|---|
| Aarti Pandit Family Private Limited | 18.31% |
| Aditi Mody Family Private Limited | 18.31% |
| Anjali Mody Family Private Limited | 18.30% |
| SSI Trading Private Limited | 14.88% |
| Miranda Tools Private Limited | 1.34% |
| Kalpana Singhania | 0.36% |
| Urvi Piramal A | 0.34% |
| RAM Hemant Shroff | 0.16% |
| Ambika Suneet Kothari | 0.04% |
| Gopika Singhania | 0.04% |
| Highland Resorts LLP | 0.02% |
| ZIA Jaydev Mody | 0.01% |
| Jaydev Mukund Mody | 0.00% |
| Chand Vishnudatt Arora | 0.00% |
| Anjoss Trading Private Limited | 0.00% |
11,543 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HBLENGINE | ₹21,089 cr | 22.8x | 9.5x | 50.0% | 55.1% | 31.2% | +34.1% | – |
| INOXINDIA | ₹17,251 cr | 67.7x | 15.4x | 25.8% | 29.2% | 21.0% | – | 0.10% |
| ESABINDIA | ₹8,178 cr | 36.9x | 19.1x | 56.1% | 69.1% | 19.5% | +11.4% | 1.73% |
| KRN | ₹7,000 cr | 69.0x | 12.2x | 18.1% | 17.1% | 19.6% | – | – |
| SUBROS | ₹3,885 cr | 23.4x | 3.1x | 14.2% | 18.1% | 8.1% | +10.2% | 0.43% |
| HARSHA | ₹3,716 cr | 24.0x | 2.6x | 11.7% | 13.2% | 14.6% | +6.0% | 0.25% |
| ADOR | ₹2,272 cr | 19.7x | 4.0x | 21.7% | 27.2% | 12.1% | +13.6% | 1.53% |
| DIFFNKG | ₹1,495 cr | 27.2x | 3.7x | 14.1% | 15.3% | 13.8% | – | 0.38% |
| MICEL | ₹865 cr | – | 4.0x | -5.5% | 8.8% | 11.4% | +102.6% | – |
| DELTAMAGNT | ₹57 cr | – | 24.5x | -124.6% | 5.5% | 5.5% | -8.1% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Textiles | ₹62 cr | 96.3% | ₹2 cr | 2.7% |
| Ferrites | ₹2 cr | 3.7% | ₹-11 cr | -486.9% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-13 | Other | Annual General Meeting |
| 2023-09-07 | Other | Annual General Meeting |
| 2022-09-20 | Other | Annual General Meeting |
| 2021-09-17 | Other | Annual General Meeting |
| 2020-09-18 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-18 | Other | Annual General Meeting |
| 2017-09-18 | Other | Annual General Meeting |
| 2016-09-15 | Other | Annual General Meeting |
| 2015-08-28 | Other | Annual General Meeting |
| 2014-09-19 | Other | Annual General Meeting |
| 2013-08-30 | Other | Annual General Meeting |
| 2012-09-14 | Other | Annual General Meeting |
| 2011-09-22 | Other | Annual General Meeting |
| 2010-09-14 | Other | Annual General Meeting |
| 2009-09-18 | Other | Annual General Meeting |
| 2008-09-19 | Other | Annual General Meeting |
| 2007-09-12 | Other | Agm |
| 2006-08-14 | Other | Agm |
| 2005-08-29 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Other Industrial Products |
| Sub-industry | Other Industrial Products |
| Symbol | DELTAMAGNT |
| BSE code | 504286 |
| ISIN | INE393A01011 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.