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Delta Manufacturing share price

Delta Manufacturing Ltd.

NSE: DELTAMAGNT BSE: 504286 SECTOR: Electric Equipment  17k   31   3

98.30
+1.30 (1.34%)
NSE: 16 Apr 4:00 PM

Price Summary

Today's High

₹ 102.9

Today's Low

₹ 97.2

52 Week High

₹ 132.75

52 Week Low

₹ 71.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

106.67 Cr.

Enterprise Value

145.9 Cr.

No. of Shares

1.09 Cr.

P/E

0

P/B

3.63

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  27.1

CASH

0.82 Cr.

DEBT

40.05 Cr.

Promoter Holding

72.08 %

EPS (TTM)

₹  -6.29

Sales Growth

-10.46%

ROE

-20.47 %

ROCE

-2.36%

Profit Growth

-133.43 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-10.46%
3 Year-4.29%
5 Year27.92%

Profit Growth

1 Year-133.43%
3 Year12.44%
5 Year-366.5%

ROE%

1 Year-20.47%
3 Year6.13%
5 Year-6.65%

ROCE %

1 Year-2.36%
3 Year9.18%
5 Year3.83%

Debt/Equity

1.1735

Price to Cash Flow

44.96

Interest Cover Ratio

-0.508416242030578

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 72.08 0
Sep 2023 72.08 0
Jun 2023 72.08 0
Mar 2023 72.08 0
Dec 2022 72.08 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 17.8606549915723 days.
  • The company has a high promoter holding of 72.08%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 11.8708489458383.

 Limitations

  • The company has shown a poor revenue growth of -4.29269806616069% for the Past 3 years.
  • Company has a poor ROE of 6.1337042064825% over the past 3 years.
  • Company has low Interest coverage ratio of -0.508416242030578.
  • The company has a low EBITDA margin of -2.17641272862593% over the past 5 years.
  • The company is trading at a high EV/EBITDA of 71.0869.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 21.39 19.72 21.08 20.72 20.49
Total Expenditure 22.46 20.82 21.72 21.21 21.02
Operating Profit -1.07 -1.1 -0.63 -0.49 -0.53
Other Income 0.22 0.94 3.36 0.26 0.2
Interest 1.01 1.07 0.99 1.15 1
Depreciation 1.21 1.18 1.17 1.18 1.06
Exceptional Items 0 0 0 0 0
Profit Before Tax -3.08 -2.41 0.57 -2.56 -2.38
Tax 0.04 0.04 -0.01 -0.02 0.04
Profit After Tax -3.12 -2.45 0.58 -2.54 -2.42
Adjusted EPS (Rs) -2.87 -2.26 0.54 -2.34 -2.23

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 56.8 90.84 70.96 88.94 79.63
Total Expenditure 54.61 93.09 71.67 92.48 85.44
Operating Profit 2.19 -2.25 -0.7 -3.54 -5.8
Other Income 0.82 0.81 0.4 0.92 1.69
Interest 3.12 6.11 6.44 4.45 3.79
Depreciation 3.17 5.96 5.03 4.22 4.85
Exceptional Items 0 0 0 37.65 7.03
Profit Before Tax -3.28 -13.52 -11.78 26.36 -5.72
Tax 0.06 0.07 -3.03 2.85 2.14
Net Profit -3.34 -13.59 -8.75 23.51 -7.86
Adjusted EPS (Rs.) -5.16 -12.52 -8.07 21.67 -7.24

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 6.47 10.85 10.85 10.85 10.85
Total Reserves 35.16 17.12 8.37 31.84 23.28
Borrowings 12.02 11.52 3.81 7.26 5.67
Other N/C liabilities 1.58 1.95 -1.3 1.9 4.82
Current liabilities 66.38 71.23 85.48 63.56 60.24
Total Liabilities 121.61 112.67 107.2 115.41 104.85
Assets
Net Block 48.71 49.92 45.92 43.69 49.8
Capital WIP 5.31 0 0 5.02 0.03
Intangible WIP 0 0 0 0 0
Investments 6.3 6.3 6.3 2.71 0.01
Loans & Advances 1.96 2.28 2.23 5.91 3.16
Other N/C Assets 0.02 0.06 0.25 2.13 2.28
Current Assets 59.31 54.12 52.51 55.94 49.57
Total Assets 121.61 112.67 107.2 115.41 104.85
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -3.31 -13.5 -11.78 26.32 -6.42
Adjustment 6.71 12.49 13.11 -27.2 2.14
Changes in Assets & Liabilities -11.65 -1.09 0.15 -5.22 6.72
Tax Paid -0.22 -0.24 -0.15 -0.31 -0.07
Operating Cash Flow -8.47 -2.35 1.34 -6.42 2.37
Investing Cash Flow -6.65 2.89 0.38 30.52 4.4
Financing Cash Flow 16.87 -2.22 -1.69 -21.35 -9.59
Net Cash Flow 1.76 -1.68 0.03 2.75 -2.82

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 72.08 72.08 72.08 72.08 72.08
aarti pandit family priva... 18.31 18.31 18.31 18.31 18.31
aditi mody family private... 18.31 18.31 18.31 18.31 18.31
ambika suneet kothari - - - - 0.04
anjali mody family privat... 18.30 18.30 18.30 18.30 18.30
gopika singhania 0.04 0.04 0.04 0.04 0.04
highland resorts llp 0.02 0.02 0.02 0.02 0.02
kalpana singhania 0.36 0.36 0.36 0.36 0.36
miranda tools private lim... 1.34 1.34 1.34 1.34 1.34
ram hemant shroff 0.12 0.12 0.12 0.12 0.12
ssi trading private limit... 14.88 14.88 14.88 14.88 14.88
urvi piramal a 0.34 0.34 0.34 0.34 0.34
zia jaydev mody - - - 0.01 0.01
ambika singhania 0.04 0.04 - 0.04 -
ambika singhania - - 0.04 - -
ziabai jaydev mody 0.01 0.01 0.01 - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 27.92 27.92 27.92 27.92 27.92
investor education and pr... - 0.26 0.26 0.26 0.69
llp - - - 0.16 0.16
investor education and pr... 0.26 - - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Delta Manufacturing approves incorporation of wholly owned subsidiary 12 Apr 2024, 10:00AM Delta Manufacturing - Quaterly Results9 Feb 2024, 4:45PM Delta Manufacturing - Quaterly Results9 Feb 2024, 4:45PM Delta Manufacturing - Quaterly Results9 Feb 2024, 4:45PM Delta Manufacturing - Quaterly Results7 Nov 2023, 4:33PM Delta Manufacturing - Quaterly Results3 Aug 2023, 5:45PM Delta Manufacturing - Quaterly Results3 Aug 2023, 5:45PM Delta Manufacturing - Quaterly Results3 Aug 2023, 5:45PM Delta Manufacturing - Quaterly Results26 May 2023, 2:27PM Delta Manufacturing informs about loss of share certificate26 May 2023, 1:08PM Delta Manufacturing informs about certificate 19 Apr 2023, 4:58PM Delta Manufacturing - Quaterly Results3 Feb 2023, 2:17PM Delta Manufacturing - Quaterly Results3 Feb 2023, 2:17PM Delta Manufacturing - Quaterly Results3 Feb 2023, 2:17PM Delta Manufacturing informs about certificate4 Jan 2023, 3:31PM Delta Manufacturing informs about trading window closure30 Dec 2022, 4:30PM Delta Manufacturing - Quaterly Results20 Oct 2022, 4:40PM Delta Manufacturing - Quaterly Results20 Oct 2022, 4:40PM Delta Manufacturing - Quaterly Results9 Feb 2022, 5:54PM Delta Manufacturing - Quaterly Results9 Feb 2022, 5:54PM Delta Manufacturing’s arm completes sale of Swindon’s freehold land 25 Jan 2022, 6:17PM Delta Manufacturing informs about disclosure14 Oct 2021, 11:20AM Delta Manufacturing’s arm completes sale of certain business assets, stake in Pilamec14 Oct 2021, 10:21AM Delta Manufacturing informs about newspaper publication17 Sep 2021, 5:01PM Delta Manufacturing’s arm to sell certain business assets, stake in Pilamec16 Sep 2021, 11:34AM Delta Manufacturing executes sale deed for land sale23 Jun 2021, 11:56AM

Delta Manufacturing Stock Price Analysis and Quick Research Report. Is Delta Manufacturing an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Delta Manufacturing has a PE ratio of -15.6264903188885 which is low and comparatively undervalued .

  • Share Price: - The current share price of Delta Manufacturing is Rs 98.3. One can use valuation calculators of ticker to know if Delta Manufacturing share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Delta Manufacturing has ROA of -7.13822074120604 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Delta Manufacturing has a Current ratio of 0.822858663282976 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Delta Manufacturing has a ROE of -20.4664242732232 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Delta Manufacturing has a D/E ratio of 1.1735 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Delta Manufacturing has an Inventory turnover ratio of 4.48169970524456 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Delta Manufacturing has reported revenue growth of -10.4618041335455 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Delta Manufacturing for the current financial year is -7.2888734204239 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Delta Manufacturing is Rs 0 and the yield is 0 %.

 

Last Updated on:
Brief about Delta Manufacturing
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