Delton Cables Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 26, 2024, 8:57 pm

Market Cap	931 Cr.
Current Price	1,078
High / Low	1,375/244
Stock P/E	88.2
Book Value	95.9
Dividend Yield	0.14 %
ROCE	18.7 %
ROE	15.2 %
Face Value	10.0
PEG Ratio	0.95

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Delton Cables Ltd

Competitors of Delton Cables Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gujarat Metallic Coal & Coke Ltd	5.94 Cr.	30.0	32.8/19.9		77.6	0.00 %	0.37 %	2.00 %	100
Gensol Engineering Ltd	2,700 Cr.	713	1,377/711	33.2	155	0.00 %	14.3 %	20.1 %	10.0
Gagan Polycot India Ltd	0.86 Cr.	0.86	/		4.08	0.00 %	81.2 %	81.2 %	10.0
Fusion Micro Finance Ltd	1,726 Cr.	172	675/161		251	0.00 %	14.1 %	19.6 %	10.0
Five X Tradecom Ltd	0.99 Cr.	0.48	/		9.35	0.00 %	0.00 %	0.00 %	10.0
Industry Average	5,580.50 Cr	261.43		227.02	108.74	0.26%	21.46%	71.78%	9.42

All Competitor Stocks of Delton Cables Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	30.41	39.80	41.48	47.97	64.44	59.52	67.69	80.50	69.53	89.87	109.67	131.78	143.48
Expenses	29.67	35.79	40.93	41.05	59.70	54.62	62.27	77.35	64.58	82.13	101.50	123.91	133.92
Operating Profit	0.74	4.01	0.55	6.92	4.74	4.90	5.42	3.15	4.95	7.74	8.17	7.87	9.56
OPM %	2.43%	10.08%	1.33%	14.43%	7.36%	8.23%	8.01%	3.91%	7.12%	8.61%	7.45%	5.97%	6.66%
Other Income	0.15	0.10	0.09	0.25	0.46	0.04	0.29	0.62	0.32	0.48	1.44	6.18	0.36
Interest	2.34	2.51	2.58	2.94	2.66	3.12	3.47	2.47	3.41	4.61	4.66	5.14	5.20
Depreciation	0.44	0.28	0.31	0.37	0.31	0.31	0.32	0.32	0.30	0.31	0.37	0.58	0.57
Profit before tax	-1.89	1.32	-2.25	3.86	2.23	1.51	1.92	0.98	1.56	3.30	4.58	8.33	4.15
Tax %	-14.29%	-7.58%	-11.56%	23.83%	-7.17%	37.75%	18.23%	541.84%	18.59%	-1.21%	18.34%	24.37%	26.99%
Net Profit	-1.61	1.42	-1.99	2.94	2.40	0.94	1.57	-4.33	1.27	3.33	3.74	6.31	3.02
EPS in Rs	-1.86	1.64	-2.30	3.40	2.78	1.09	1.82	-5.01	1.47	3.85	4.33	7.30	3.50

Last Updated: October 7, 2024, 8:14 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:38 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	116	108	131	93	106	73	71	126	123	159	272	401	475
Expenses	109	104	123	91	104	76	71	114	114	147	254	372	441
Operating Profit	7	4	8	2	2	-3	0	12	10	12	18	29	33
OPM %	6%	3%	6%	3%	2%	-5%	1%	10%	8%	7%	7%	7%	7%
Other Income	-1	1	2	9	1	-0	59	3	2	1	1	8	8
Interest	8	7	9	10	11	12	12	8	8	10	12	18	20
Depreciation	1	1	1	1	1	1	0	1	2	1	1	2	2
Profit before tax	-4	-4	-0	0	-9	-16	47	6	1	1	7	18	20
Tax %	-28%	-31%	43%	-111%	-17%	-18%	-8%	-5%	52%	27%	91%	18%
Net Profit	-3	-3	-1	1	-7	-13	50	6	1	1	1	15	16
EPS in Rs	-3.27	-3.02	-0.76	1.09	-8.32	-15.16	58.31	6.82	0.72	0.89	0.67	16.97	18.98
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	66.67%	200.00%	-800.00%	-85.71%	484.62%	-88.00%	-83.33%	0.00%	0.00%	1400.00%
Change in YoY Net Profit Growth (%)	0.00%	66.67%	133.33%	-1000.00%	714.29%	570.33%	-572.62%	4.67%	83.33%	0.00%	1400.00%

Delton Cables Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	14%
5 Years:	41%
3 Years:	48%
TTM:	82%

Compounded Profit Growth
10 Years:	19%
5 Years:	28%
3 Years:	157%
TTM:	474%

Stock Price CAGR
10 Years:	41%
5 Years:	85%
3 Years:	163%
1 Year:	308%

Return on Equity
10 Years:	-5%
5 Years:	6%
3 Years:	6%
Last Year:	15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:40 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	3	3	9	9	9	9	9	9	9	9	9	9	9
Reserves	21	18	12	12	4	-10	40	46	47	47	48	63	74
Borrowings	45	50	53	61	64	69	55	47	62	71	75	113	148
Other Liabilities	25	30	32	25	31	30	40	34	26	34	52	83	115
Total Liabilities	94	101	105	107	107	98	144	135	143	161	184	267	346
Fixed Assets	9	8	7	6	4	3	5	10	11	10	11	18	41
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	84	93	98	101	103	95	139	125	132	150	174	250	306
Total Assets	94	101	105	107	107	98	144	135	143	161	184	267	346

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	12	1	3	-7	6	7	-29	-15	-8	1	2	-27
Cash from Investing Activity +	0	0	1	8	1	1	57	34	-2	-0	-2	10
Cash from Financing Activity +	-12	-1	-5	-0	-20	6	-26	-14	6	-1	-1	20
Net Cash Flow	0	0	-0	1	-12	13	2	6	-4	-1	0	3

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-38.00	-46.00	-45.00	-59.00	-62.00	-72.00	-55.00	-35.00	-52.00	-59.00	-57.00	-84.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	113	141	117	147	145	136	162	75	99	80	69	87
Inventory Days	140	155	140	223	188	317	266	245	259	245	151	132
Days Payable	89	122	97	122	116	161	174	104	87	89	76	88
Cash Conversion Cycle	165	174	160	247	216	292	255	216	272	236	144	131
Working Capital Days	171	187	167	259	215	265	172	169	234	206	135	130
ROCE %	9%	5%	11%	3%	3%	-5%	2%	13%	9%	9%	14%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	73.80%	73.80%	73.80%	73.78%	73.61%	73.61%	73.58%	73.58%	73.58%	73.58%	73.57%	73.56%
DIIs	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	26.18%	26.18%	26.18%	26.18%	26.37%	26.36%	26.40%	26.40%	26.39%	26.40%	26.41%	26.42%
No. of Shareholders	5,563	5,645	5,641	5,581	5,496	5,545	5,563	5,592	5,272	5,232	5,734	6,180

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 12	Mar 11
FaceValue	10.00	10.00
Basic EPS (Rs.)	6.29	3.38
Diluted EPS (Rs.)	6.29	3.38
PBDIT Margin (%)	8.28	7.57
PBIT Margin (%)	7.20	6.39
PBT Margin (%)	1.98	1.18
Net Profit Margin (%)	1.27	0.77
NP After MI And SOA Margin (%)	1.27	0.77
Interest Coverage Ratio (X)	1.34	1.23
Interest Coverage Ratio (Post Tax) (X)	1.21	1.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Delton Cables Ltd as of December 27, 2024 is: 1,287.47

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 27, 2024, Delton Cables Ltd is Undervalued by 19.43% compared to the current share price 1,078.00

Intrinsic Value of Delton Cables Ltd as of December 27, 2024 is: 2,477.02

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 27, 2024, Delton Cables Ltd is Undervalued by 129.78% compared to the current share price 1,078.00

Last 5 Year EPS CAGR: 92.39%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Delton Cables Ltd:
1. Net Profit Margin: 1.27%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 0% (Industry Average ROCE: 21.46%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0% (Industry Average ROE: 71.78%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.21
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 88.2 (Industry average Stock P/E: 227.02)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Delton Cables Ltd. is a Public Limited Listed company incorporated on 26/09/1964 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L31300DL1964PLC004255 and registration number is 004255. Currently Company is involved in the business activities of Manufacture of other electronic and electric wires and cables. Company’s Total Operating Revenue is Rs. 159.66 Cr. and Equity Capital is Rs. 8.64 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Cables - Power/Others	Delton House, 4801, Bharat Ram Road, New Delhi Delhi 110002	dcl@deltoncables.com http://www.deltoncables.com

Management
Name	Position Held
Mr. V K Gupta	Chairman & Wholetime Director
Mr. Vivek Gupta	Managing Director
Mrs. Shalini Gupta	Director
Mr. Vijay Kumar Goel	Director
Mr. Achintya Karati	Director
Mr. Atul Aggarwal	Director
Mr. Shashi Kumar Sharma	Director
Mr. Abhishek Poddar	Director
Mr. Amit Ramani	Additional Director
Mr. Gagan Sinha	Additional Director

FAQ

What is the latest intrinsic value of Delton Cables Ltd?

The latest intrinsic value of Delton Cables Ltd as on 26 December 2024 is ₹1287.47, which is 19.43% higher than the current market price of ₹1,078.00. The stock has a market capitalization of 931 Cr. and recorded a high/low of 1,375/244 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹74 Cr and total liabilities of ₹346 Cr.

What is the Market Cap of Delton Cables Ltd?

The Market Cap of Delton Cables Ltd is 931 Cr..

What is the current Stock Price of Delton Cables Ltd as on 26 December 2024?

The current stock price of Delton Cables Ltd as on 26 December 2024 is 1,078.

What is the High / Low of Delton Cables Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Delton Cables Ltd stocks is 1,375/244.

What is the Stock P/E of Delton Cables Ltd?

The Stock P/E of Delton Cables Ltd is 88.2.

What is the Book Value of Delton Cables Ltd?

The Book Value of Delton Cables Ltd is 95.9.

What is the Dividend Yield of Delton Cables Ltd?

The Dividend Yield of Delton Cables Ltd is 0.14 %.

What is the ROCE of Delton Cables Ltd?

The ROCE of Delton Cables Ltd is 18.7 %.

What is the ROE of Delton Cables Ltd?

The ROE of Delton Cables Ltd is 15.2 %.

What is the Face Value of Delton Cables Ltd?

The Face Value of Delton Cables Ltd is 10.0.