Why is Delton Cables Ltd ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 44.68%
2
With a growth in Net Profit of 104.22%, the company declared Very Positive results in Sep 25
- OPERATING PROFIT TO INTEREST(Q) Highest at 2.01 times
- PBT LESS OI(Q) At Rs 7.40 cr has Grown at 74.3% (vs previous 4Q average)
- DPS(Y) Highest at Rs 2.00
3
With ROCE of 16.4, it has a Attractive valuation with a 2.9 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -37.38%, its profits have risen by 76.3% ; the PEG ratio of the company is 0.4
4
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
5
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 2.03% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -37.38% returns
How much should you hold?
- Overall Portfolio exposure to Delton Cables should be less than 10%
- Overall Portfolio exposure to Other Electrical Equipment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Delton Cables for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Delton Cables
-37.38%
-0.69
53.79%
Sensex
4.7%
0.40
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
44.68%
EBIT Growth (5y)
39.63%
EBIT to Interest (avg)
1.38
Debt to EBITDA (avg)
4.80
Net Debt to Equity (avg)
1.90
Sales to Capital Employed (avg)
1.70
Tax Ratio
21.82%
Dividend Payout Ratio
8.43%
Pledged Shares
0
Institutional Holding
0.06%
ROCE (avg)
11.79%
ROE (avg)
6.59%
Valuation Key Factors 
Factor
Value
P/E Ratio
32
Industry P/E
44
Price to Book Value
6.51
EV to EBIT
14.34
EV to EBITDA
12.98
EV to Capital Employed
2.90
EV to Sales
0.96
PEG Ratio
0.42
Dividend Yield
0.29%
ROCE (Latest)
16.37%
ROE (Latest)
20.34%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
Technical Movement
25What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 2.01 times
PBT LESS OI(Q)
At Rs 7.40 cr has Grown at 74.3% (vs previous 4Q average
DPS(Y)
Highest at Rs 2.00
NET SALES(Q)
Highest at Rs 241.34 cr
PBDIT(Q)
Highest at Rs 18.20 cr.
PAT(Q)
Highest at Rs 6.29 cr.
-3What is not working for the Company
INTEREST(Q)
Highest at Rs 9.07 cr
Loading Valuation Snapshot...
Here's what is working for Delton Cables
Operating Profit to Interest - Quarterly
Highest at 2.01 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 7.40 cr has Grown at 74.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 4.25 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 6.29 cr has Grown at 78.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 3.52 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 241.34 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 241.34 cr has Grown at 33.7% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 180.53 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 18.20 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 7.40 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 6.29 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Dividend per Share (DPS) - Annually
Highest at Rs 2.00
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (Rs)
Here's what is not working for Delton Cables
Interest - Quarterly
Highest at Rs 9.07 cr
in the last five quarters and Increased by 17.34 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






