Delta Manufact.

Why is Delta Manufacturing Ltd falling/rising?

As of 02-Aug, Delta Manufacturing Ltd's stock price is at 56.46, reflecting a significant decline of -18.75% year-to-date and -35.47% over the past year, contrasting sharply with the Sensex's -8.36%. The company's high debt-to-equity ratio and low return on equity indicate weak financial health, leading to a recommendation to sell.

As of 02-Aug, Delta Manufacturing Ltd's stock price is falling, currently at 56.46, which reflects a change of -1.2 or -2.08%. The stock has shown a significant decline over various time periods, with a year-to-date decrease of -18.75% and a one-year drop of -35.47%. This underperformance is starkly contrasted with the benchmark Sensex, which has only declined by -8.36% over the same period.<BR><BR>Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline, but it remains below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by -70.66% against the 5-day average, suggesting reduced interest from investors.<BR><BR>The company's financial health is concerning, with a high debt-to-equity ratio of 17.13 times and a low return on equity of only 0.20%, indicating weak profitability. Despite some positive results in terms of sales and turnover ratios, the overall financial metrics reflect a weak long-term fundamental strength, contributing to the stock's decline. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, reinforcing the sentiment that it is a strong sell.

Which are the latest news on Delta Manufact.?

How big is Delta Manufact.?

As of 10th June, Delta Manufacturing Ltd has a market capitalization of 68.00 Cr and reported Net Sales of 62.14 Cr, with a Net Profit loss of 12.41 Cr over the latest four quarters. Shareholder's Funds are 14.60 Cr, and Total Assets amount to 67.56 Cr.

As of 10th June, Delta Manufacturing Ltd has a market capitalization of 68.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Delta Manufacturing reported Net Sales of 62.14 Cr. However, the company experienced a loss of 12.41 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025. Shareholder's Funds are recorded at 14.60 Cr, while Total Assets amount to 67.56 Cr.

Who are in the management team of Delta Manufact.?

The management team of Delta Manufact. includes Chairman Jaydev Mody, Vice Chairman & Managing Director Ram H Shroff, and five Independent Non-Executive Directors: Darius Khambatta, JAVED FAIZULLAH TAPIA, Rajesh Jaggi, Vrajesh Udani, along with Non-Executive & Non-Independent Director Anjali Mody.

The management team of Delta Manufact. includes the following members:<BR><BR>1. **Jaydev Mody** - Chairman & Non-Executive Director<BR>2. **Darius Khambatta** - Independent Non-Executive Director<BR>3. **JAVED FAIZULLAH TAPIA** - Independent Non-Executive Director<BR>4. **Rajesh Jaggi** - Independent Non-Executive Director<BR>5. **Vrajesh Udani** - Independent Non-Executive Director<BR>6. **Anjali Mody** - Non-Executive & Non-Independent Director<BR>7. **Ram H Shroff** - Vice Chairman & Managing Director<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the Delta Manufact.?

Delta Manufact.'s peers include Siyaram Recycli., Gabriel Pet, Welcast Steels, Storage Tech, Indobell Insul., ARC Insulation, Sellowrap Indus., and Beardsell. Most peers exhibit below average management risk and growth, with Delta Manufact. showing a 1-year return of -41.77%.

Peers: The peers of Delta Manufact. are Siyaram Recycli., Gabriel Pet, Welcast Steels, Storage Tech, Indobell Insul., ARC Insulation, Sellowrap Indus., and Beardsell.<BR><BR>Quality Snapshot: Below Average management risk is observed at Gabriel Pet, Delta Manufact., Welcast Steels, Storage Tech, Indobell Insul., and ARC Insulation, while Average management risk is found at Siyaram Recycli., Sellowrap Indus., and Beardsell. Excellent growth is noted at Gabriel Pet, while Good growth is seen at Siyaram Recycli. and Sellowrap Indus., and the rest exhibit Below Average growth. Good capital structure is present at Gabriel Pet, Welcast Steels, Indobell Insul., and Beardsell, while Below Average capital structure is found at Delta Manufact., and the rest have Average capital structure.<BR><BR>Return Snapshot: Gabriel Pet has the lowest 1-year return at -54.37%, while ARC Insulation has the highest return at 0.00%. Delta Manufact.'s 1-year return of -41.77% is better than Gabriel Pet's but worse than ARC Insulation's. Additionally, the six-month return is negative for Siyaram Recycli., Gabriel Pet, Delta Manufact., Welcast Steels, Storage Tech, Indobell Insul., and Beardsell.

What does Delta Manufact. do?

Delta Manufacturing Ltd is a micro-cap company that produces magnets for OEMs, with a market cap of INR 68 Cr and reported net sales of 18 Cr and a net loss of 3 Cr for March 2026. Established in 1982, the company has a high debt-equity ratio of 17.13 and a negative return on equity of -122.17%.

Overview:<BR>Delta Manufacturing Ltd is a micro-cap company in the Other Industrial Products industry, specializing in the production of magnets for OEMs.<BR><BR>History:<BR>Delta Manufacturing Ltd, formerly known as Delta Magnets Limited, was established on September 23, 1982. The company has undergone a name change and the latest quarterly results reported are for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 18 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: -3 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 68 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 17.13 <BR>Return on Equity: -122.17% <BR>Price to Book: 28.67<BR><BR>Contact Details:<BR>Address: B-87 MIDC Ambad, Nasik Maharashtra: 422010 <BR>Tel: 91-253-2382238 <BR>Email: secreatarial@detarmagnets.com <BR>Website: http://www.deltamagnetsgroup.com/dml

Should I buy, sell or hold Delta Manufacturing Ltd?

Are Delta Manufacturing Ltd latest results good or bad?

Delta Manufacturing Ltd's latest results show a positive standalone performance with a net profit of ₹2.26 crores and a 19.06% increase in net sales; however, consolidated results remain concerning with a net loss of ₹2.62 crores, indicating ongoing challenges. Overall, while there are improvements, caution is warranted due to persistent losses and structural issues.

Delta Manufacturing Ltd's latest results present a mixed picture. On one hand, the standalone performance in Q4 FY26 showed significant improvement, with a net profit of ₹2.26 crores, a remarkable turnaround from a loss of ₹0.52 crores in the previous quarter. Additionally, net sales grew by 19.06% quarter-on-quarter, reaching ₹18.49 crores, and the operating margin improved to 8.49%, up from 5.28% in Q3 FY26.<BR><BR>However, the consolidated results remain concerning, as the company reported a net loss of ₹2.62 crores, although this was an improvement from a loss of ₹5.20 crores in the previous quarter. This indicates ongoing challenges within its subsidiaries or associated entities that continue to impact overall profitability.<BR><BR>Overall, while the standalone results indicate a positive trend, the persistent consolidated losses and the long-term decline in revenue (with a five-year CAGR of -9.65%) suggest that the company still faces significant structural issues. The lack of institutional interest and a low return on equity further complicate the outlook. Therefore, while there are some positive signs, the overall assessment leans towards caution due to the underlying challenges.

When is the next results date for Delta Manufacturing Ltd?

The next results date for Delta Manufacturing Ltd is 27 May 2026.

The next results date for Delta Manufacturing Ltd is scheduled for 27 May 2026.

How has been the historical performance of Delta Manufact.?

Delta Manufact. has experienced a consistent decline in net sales and profitability, with net sales dropping from INR 124.02 crore in March 2020 to INR 61.00 crore in March 2025, resulting in significant losses and a negative operating profit of -3.12 crore in the latest fiscal year. Overall, the company's financial position has deteriorated significantly over the years.

Answer:<BR>The historical performance of Delta Manufact. shows a declining trend in net sales and profitability over the years, culminating in significant losses in the most recent fiscal year.<BR><BR>Breakdown:<BR>Delta Manufact. has experienced a consistent decline in net sales from INR 124.02 crore in March 2020 to INR 61.00 crore in March 2025. The total operating income followed a similar trend, decreasing from INR 124.02 crore in March 2020 to INR 61.00 crore in March 2025. The company's total expenditure, excluding depreciation, also decreased from INR 124.19 crore in March 2020 to INR 64.12 crore in March 2025, yet the operating profit remained negative, with an operating profit of -3.12 crore in March 2025. The profit before tax has shown a downward trajectory, reaching -8.19 crore in March 2025, while the profit after tax was -8.15 crore for the same period. The company's total liabilities decreased from INR 136.99 crore in March 2020 to INR 67.56 crore in March 2025, and total assets also fell from INR 136.99 crore to INR 67.56 crore during this period. Cash flow from operating activities remained stagnant at INR 1.00 crore in March 2025, contrasting with the previous years' fluctuations. Overall, Delta Manufact. has faced significant challenges, leading to a deteriorating financial position over the years.

Who are the top shareholders of the Delta Manufact.?

The top shareholders of Delta Manufact. include Aditi Mody Family Private Limited with 18.31%, and individual investors holding 23.88%. There are no pledged promoter holdings or foreign institutional investors, and mutual funds hold only 0.01% through three schemes.

The top shareholders of Delta Manufact. include the promoters, with Aditi Mody Family Private Limited holding the largest share at 18.31%. Additionally, individual investors collectively hold 23.88% of the shares. There are no pledged promoter holdings, and the company does not have any foreign institutional investors (FIIs) involved. Mutual funds have a minimal presence, held by just three schemes at 0.01%.

Is Delta Manufact. overvalued or undervalued?

As of April 25, 2023, Delta Manufacturing is rated as risky and overvalued due to troubling financial ratios, including a PE ratio of -12.98 and an EV to EBITDA of -72.05%, despite a recent 1-month stock return of 86.33% that outperformed the Sensex's 3.91%.

As of 25 April 2023, Delta Manufacturing's valuation grade has moved from does not qualify to risky, indicating a significant shift in its financial outlook. The company is currently assessed as overvalued, primarily due to its troubling financial ratios, including a PE ratio of -12.98, an EV to EBITDA ratio of -72.05, and a ROE of -60.34%. These figures suggest that the company is struggling to generate profits and is facing substantial operational challenges.<BR><BR>In comparison to its peers, Delta Manufacturing's valuation metrics starkly contrast with those of Samvardh. Mothe., which is rated attractive with a PE ratio of 29.14 and an EV to EBITDA of 11.53. Other competitors like Bosch and Uno Minda are deemed expensive, with PE ratios of 46.21 and 66.72, respectively. The company's recent stock performance has been notable, with a 1-month return of 86.33%, significantly outperforming the Sensex's 3.91% return, yet this does not mitigate the underlying valuation concerns.

What is the technical trend for Delta Manufact.?

As of June 4, 2025, Delta Manufacturing's trend is neutral with mixed signals, showing weakly bullish to sideways movement influenced by varying MACD, RSI, and moving averages.

As of 4 June 2025, the technical trend for Delta Manufact. has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish. The weekly RSI is bearish, but the monthly RSI shows no signal. Bollinger Bands indicate bullish trends for both weekly and monthly time frames. Daily moving averages are mildly bearish, contrasting with the weekly KST, which is mildly bullish, and the monthly KST, which is bearish. Dow Theory supports a mildly bullish view in both weekly and monthly contexts. Overall, the strength of the trend is weakly bullish to neutral, driven by the mixed signals from MACD, RSI, and moving averages.

Has Delta Manufact. declared dividend?

No Dividend History Available