Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Fundamental Analysis of Delta Manufacturing Ltd

About the Company - Delta Manufacturing Ltd

Delta Manufacturing Ltd. is a Public Limited Listed company incorporated on 23/09/1982 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L32109MH1982PLC028280 and registration number is 028280. Currently Company is involved in the business activities of Manufacture of other articles. Company’s Total Operating Revenue is Rs. 88.94 Cr. and Equity Capital is Rs. 10.85 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Electronics - Equipment/ComponentsB-87, MIDC, Ambad, Nasik Maharashtra 422010secretarial@dmltd.in
http://www.deltamagnets.com
Management
NamePosition Held
Mr. Jaydev ModyNon Executive Chairman
Dr. Ram H ShroffExec. Vice Chairman & Mang Dir
Ms. Anjali ModyNon Executive Director
Mr. Darius KhambattaIndependent Director
Mr. Javed TapiaIndependent Director
Mr. Rajesh JaggiIndependent Director
Dr. Vrajesh UdaniIndependent Director

Delta Manufacturing Ltd. Share Price Update

Share PriceValue
Today₹84.70
Previous Day₹84.00

Basic Stock Data of Delta Manufacturing Ltd

Market Cap 88.2 Cr.
Current Price 81.3
High / Low118/61.2
Stock P/E
Book Value 29.6
Dividend Yield0.00 %
ROCE9.97 %
ROE32.3 %
Face Value 10.0

Delta Manufacturing Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales25.5821.8925.1130.1920.8024.7524.9521.0417.4821.3919.7221.0820.72
Expenses25.9621.5722.4729.2720.2725.3227.4521.6020.5522.4720.8221.7221.21
Operating Profit-0.380.322.640.920.53-0.57-2.50-0.56-3.07-1.08-1.10-0.64-0.49
OPM %-1.49%1.46%10.51%3.05%2.55%-2.30%-10.02%-2.66%-17.56%-5.05%-5.58%-3.04%-2.36%
Other Income0.180.711.1026.611.182.282.88-1.880.280.510.940.260.28
Interest1.741.851.501.200.891.121.300.770.951.011.070.981.15
Depreciation1.581.141.081.231.031.001.131.181.281.211.181.171.18
Profit before tax-3.52-1.961.1625.10-0.21-0.41-2.05-4.39-5.02-2.79-2.41-2.53-2.54
Tax %2.56%-12.24%-258.62%11.83%28.57%-526.83%94.15%-46.47%-0.40%-1.43%-1.66%0.40%0.79%
Net Profit-3.43-2.204.1622.12-0.16-2.57-0.12-6.42-5.04-2.83-2.45-2.52-2.52
EPS in Rs-3.16-2.033.8320.39-0.15-2.37-0.11-5.92-4.64-2.61-2.26-2.32-2.32

Delta Manufacturing Ltd Quarterly Chart

Delta Manufacturing Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4443515655607210112470888083
Expenses404347535458689612471918586
Operating Profit40331235-0-1-3-6-3
OPM %9%1%6%5%2%3%5%4%-0%-1%-4%-7%-4%
Other Income1010-20101234-02
Interest1011345566444
Depreciation2111222475455
Profit before tax2-122-6-4-3-4-12-1022-15-10
Tax %-51%2%-43%20%-23%-15%-18%7%-2%31%13%-15%
Net Profit3-121-7-4-3-3-12-719-17-10
EPS in Rs-1.843.821.90-10.54-6.74-5.04-5.15-11.34-6.1817.76-15.43-9.51
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Delta Manufacturing Ltd Profit & Loss Yearly Chart

Delta Manufacturing Ltd Growth

Compounded Sales Growth
10 Years::6%
5 Years::2%
3 Years::-14%
TTM::-6%

Delta Manufacturing Ltd Growth

Compounded Profit Growth
10 Years::%
5 Years::%
3 Years::-7%
TTM::39%

Delta Manufacturing Ltd Growth

Stock Price CAGR
10 Years::8%
5 Years::0%
3 Years::46%
1 Year::9%

Delta Manufacturing Ltd Growth

Return on Equity
10 Years::-14%
5 Years::-19%
3 Years::-19%
Last Year::-32%

Delta Manufacturing Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital566666661111111111
Reserves22232527212218433226442721
Borrowings16151729383645576267474040
Other Liabilities781013132023343233272828
Total Liabilities50525876798492140137137130105100
Fixed Assets28282738424546596460465048
CWIP1114100500500
Investments0000000621364
Other Assets21243034363947707176765047
Total Assets50525876798492140137137130105100

Delta Manufacturing Ltd Reserves and Borrowings Chart

Delta Manufacturing Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4005-42-12-03-3-4
Cash from Investing Activity -2-1-0-16-2-4-2-71-043-3
Cash from Financing Activity -321136046-3-2-26-10
Net Cash Flow-20110-211-2114-17

Delta Manufacturing Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days67718879100961001259817911395
Inventory Days188202198192192213169187149340181232
Days Payable7494118123168178143146119282147172
Cash Conversion Cycle181179168149124131126166128237147155
Working Capital Days9299106829585871189318210193
ROCE %6%-2%5%4%0%0%3%1%-6%-5%-7%-10%

Delta Manufacturing Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Delta Manufacturing Ltd Shareholding Pattern Chart

No. of Delta Manufacturing Ltd Shareholders

This stock is not held by any mutual fund

Delta Manufacturing Ltd ROCE Trend

Delta Manufacturing Ltd EPS Trend

Delta Manufacturing Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-15.6517.76-6.19-11.34-3.85
Diluted EPS (Rs.)-15.6517.76-6.19-11.34-3.85
Cash EPS (Rs.)-10.9621.65-0.85-5.220.99
Book Value[Excl.RevalReserv]/Share (Rs.)34.5950.8933.9039.3976.81
Book Value[Incl.RevalReserv]/Share (Rs.)34.5950.8933.9039.3976.81
Revenue From Operations / Share (Rs.)73.3981.0795.81114.29155.63
PBDIT / Share (Rs.)-3.79-2.362.890.687.75
PBIT / Share (Rs.)-8.26-6.25-2.44-5.441.60
PBT / Share (Rs.)-13.6813.30-8.67-11.08-5.57
Net Profit / Share (Rs.)-15.4317.76-6.19-11.34-5.15
NP After MI And SOA / Share (Rs.)-15.4317.76-6.19-11.34-5.15
PBDIT Margin (%)-5.16-2.913.010.594.97
PBIT Margin (%)-11.25-7.71-2.54-4.761.03
PBT Margin (%)-18.6416.40-9.04-9.69-3.58
Net Profit Margin (%)-21.0121.90-6.45-9.92-3.30
NP After MI And SOA Margin (%)-21.0121.90-6.45-9.92-3.30
Return on Networth / Equity (%)-44.5834.90-18.25-28.79-6.70
Return on Capital Employeed (%)-18.65-10.54-5.68-10.221.46
Return On Assets (%)-15.8814.86-4.91-8.98-2.37
Long Term Debt / Equity (X)0.150.130.190.260.30
Total Debt / Equity (X)1.070.841.471.341.10
Asset Turnover Ratio (%)0.670.700.570.710.53
Current Ratio (X)0.871.080.790.891.07
Quick Ratio (X)0.550.810.530.610.78
Inventory Turnover Ratio (X)1.651.661.261.521.10
Interest Coverage Ratio (%)-1.08-0.570.460.121.08
Interest Coverage Ratio (Post Tax) (%)-2.92-2.170.01-1.010.28
Enterprise Value (Cr.)112.83102.5083.2784.12100.49
EV / Net Operating Revenue (X)1.421.170.800.670.99
EV / EBITDA (X)-27.43-39.9426.55113.6520.04
MarketCap / Net Operating Revenue (X)0.920.840.320.240.50
Price / BV (X)1.971.340.900.701.03
Price / Net Operating Revenue (X)0.920.840.320.240.50
EarningsYield-0.220.26-0.20-0.40-0.06

Delta Manufacturing Ltd Profitability Ratios (%)

Delta Manufacturing Ltd Liquidity Ratios

Delta Manufacturing Ltd Liquidity Ratios (%)

Delta Manufacturing Ltd Interest Coverage Ratios (%)

Delta Manufacturing Ltd Valuation Ratios

Fair Value of Delta Manufacturing Ltd Stock

Fair Value: ₹146.28

The stock is undervalued by 79.93% compared to the current price ₹81.3

*Investments are subject to market risks

Strength and Weakness of Delta Manufacturing Ltd Stock

StrengthWeakness

The stock has a high average ROCE, which is a positive sign.

The stock has a high average Working Capital Days, which may not be favorable.

The stock has a high average Cash Conversion Cycle, which may not be favorable.

The company has higher borrowings compared to reserves, which may suggest financial risk.

The company has not shown consistent growth in sales and profit.

More Stocks