Delton Cables Reports Record Sales and Strong Profitability Amid Rising Interest Expenses

Delton Cables, operating in the Other Electrical Equipment industry, has recently undergone an evaluation adjustment that reflects notable changes in its financial metrics. The company's financial performance for the quarter ending March 2025 has been characterized as very positive, with net sales reaching a record high of Rs 202.23 crore. Additionally, the operating profit to interest ratio stood at 1.96 times, indicating a robust capacity to cover interest expenses.
The company reported a PBDIT of Rs 15.73 crore and a profit before tax (PBT) of Rs 6.54 crore, alongside a profit after tax (PAT) of Rs 5.66 crore, all marking significant achievements for the quarter. However, it is important to note that interest expenses also peaked at Rs 8.04 crore.

In terms of valuation, Delton Cables has transitioned from an expensive to a fair valuation grade, with a price-to-earnings (PE) ratio of 48.71 and a price-to-book value of 8.24. The company has demonstrated a healthy long-term growth trajectory, with net sales growing at an annual rate of 41.34% and net profit increasing by 67.86%.

Overall, Delton Cables has shown consistent performance, generating a return of 98.07% over the past year, while maintaining a fair valuation relative to its peers.

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