Delta Manufact.

What does Delta Manufact. do?

Delta Manufacturing Ltd is a micro-cap company that produces magnets for OEMs, with a market cap of Rs 114 Cr. As of March 2025, it reported net sales of 16 Cr and a net profit of 0 Cr.

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 incorporated on September 23, 1982. The company has reported its latest quarterly results for March 2025, showing net sales and net profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 16 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 114 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 36<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 1.89<BR>- Return on Equity: -60.34%<BR>- Price to Book: 7.38<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

Who are in the management team of Delta Manufact.?

As of March 2023, the management team of Delta Manufact. includes Jaydev Mody (Chairman), Ram H Shroff (Vice Chairman & Managing Director), and five Independent Non-Executive Directors: Darius Khambatta, Javed Faizullah Tapia, Rajesh Jaggi, Vrajesh Udani, along with Anjali Mody (Non-Executive & Non-Independent Director).

As of March 2023, the management team of Delta Manufact. includes the following individuals:<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>These members play various roles within the company's governance and management structure.

Has Delta Manufact. declared dividend?

No Dividend History Available

Who are the peers of the Delta Manufact.?

Delta Manufact.'s peers include PTC Industries, Inox India, Esab India, KRN Heat Exchan, Kirloskar Indus., Welcast Steels, Indobell Insul., Sprayking Ltd, and Gabriel Pet. Delta has below-average management risk and growth, with a 1-year return of 0.91%, significantly lower than PTC Industries' 54.94%.

Peers: The peers of Delta Manufact. are PTC Industries, Inox India, Esab India, KRN Heat Exchan, Kirloskar Indus., Welcast Steels, Indobell Insul., Sprayking Ltd, and Gabriel Pet.<BR><BR>Quality Snapshot: Excellent management risk is observed at Inox India and Esab India, while Good management risk is found at KRN Heat Exchan. Average management risk is present at PTC Industries, Kirloskar Indus., and Welcast Steels, and the rest have Below Average management risk, including Delta Manufact., Indobell Insul., Sprayking Ltd, and Gabriel Pet. For growth, Excellent growth is noted at Sprayking Ltd, while Average growth is seen at PTC Industries, KRN Heat Exchan, and Kirloskar Indus. Below Average growth is present at Delta Manufact., Inox India, Esab India, Welcast Steels, Indobell Insul., and the rest. Capital Structure ratings show Excellent at Inox India, Esab India, and KRN Heat Exchan, Good at Kirloskar Indus. and Welcast Steels, and Below Average at Delta Manufact., Indobell Insul., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PTC Industries at 54.94%, while the lowest is Sprayking Ltd at -65.18%. Delta Manufact.'s 1-year return is 0.91%, which is significantly lower than PTC Industries but higher than Sprayking Ltd. Additionally, several peers, including Esab India, Kirloskar Indus., Welcast Steels, Indobell Insul., and Sprayking Ltd, have negative six-month returns.

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.

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%.

How big is Delta Manufact.?

As of 24th July, Delta Manufacturing Ltd has a market capitalization of 102.00 Cr and reported Net Sales of 71.01 Cr with a Net Profit loss of 12.09 Cr over the latest four quarters. Shareholder's Funds are 26.86 Cr and Total Assets are 95.16 Cr as of March 2024.

As of 24th July, Delta Manufacturing Ltd has a market capitalization of 102.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Delta Manufacturing reported Net Sales of 71.01 Cr. However, the company experienced a loss of 12.09 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's Funds are recorded at 26.86 Cr, while Total Assets amount to 95.16 Cr.

Are Delta Manufact. latest results good or bad?

Delta Manufacturing's latest results are concerning, showing a 13.6% decline in net sales to Rs 14.32 crore and a drastic 489.19% drop in net profit, alongside a rising Debt-Equity Ratio of 1.93, indicating financial instability and challenges ahead.

Delta Manufacturing's latest results indicate a challenging situation for the company. While there has been a slight improvement in the financial score from -9 to -4, the overall performance remains flat and concerning.<BR><BR>Key highlights reveal a significant decline in net sales, which dropped to Rs 14.32 crore, marking a 13.6% decrease compared to the average of Rs 16.57 crore over the previous four quarters. This is the lowest net sales figure the company has seen in the last five quarters, suggesting a negative trend in sales performance.<BR><BR>Additionally, the company's Debt-Equity Ratio has risen to 1.93 times, indicating a growing reliance on borrowed funds, which could pose risks to financial stability. The cash and cash equivalents have also decreased to Rs 0.27 crore, reflecting a deteriorating short-term liquidity position.<BR><BR>In terms of profitability, the consolidated net profit saw a drastic decline of 489.19% compared to the previous quarter, further emphasizing the difficulties the company is facing. Overall, while there are some signs of operational efficiency, the financial results point to significant challenges that could impact Delta Manufacturing's future performance.

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.

Should I buy, sell or hold Delta Manufact.?

When is the next results date for Delta Manufacturing Ltd?

The next results date for Delta Manufacturing Ltd is 12 February 2026.

The next results date for Delta Manufacturing Ltd is scheduled for 12 February 2026.

Why is Delta Manufacturing Ltd falling/rising?

As of 09-Feb, Delta Manufacturing Ltd's stock price is at 64.94, down 0.78%, and has underperformed the sector. The stock shows a bearish trend, with significant declines in investor participation and a year-to-date drop of 6.55%.

As of 09-Feb, Delta Manufacturing Ltd's stock price is falling, currently at 64.94, reflecting a decrease of 0.51 or 0.78%. The stock has underperformed compared to the sector, which has gained by 2.45%. Additionally, the stock has experienced a trend reversal, having fallen after two consecutive days of gains. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of investor participation, there has been a significant decline, with delivery volume dropping by 48.23% compared to the 5-day average. This suggests reduced interest from investors. Over the past week, the stock has decreased by 0.57%, while the benchmark Sensex has increased by 2.94%. Year-to-date, Delta Manufacturing Ltd has seen a decline of 6.55%, compared to a smaller drop of 1.36% in the Sensex. Overall, these factors contribute to the stock's current downward movement.

Which are the latest news on Delta Manufact.?