Delta Manufacturing Ltd Stock Analysis

BSE: 504286 | NSE: DELTAMAGNT | Electric Equipment | Small Cap

BSE Share Price 27-Jan-2023 18:01
74.75 0.55 (0.74%)

DeciZen - Make an Informed Decision on Delta Manufacturing

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Delta Manufacturing Price Chart

P/E Ratio ( SA) :
47.47
Market Cap :
80.5 Cr.
52-wk low :
57.7
52-wk high :
125.5
Bole Toh?

1. Is Delta Manufacturing Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Delta Manufacturing Ltd is a below average quality company.

2. Is Delta Manufacturing Ltd undervalued or overvalued?

The key valuation ratios of Delta Manufacturing Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Delta Manufacturing Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Delta Manufacturing Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Delta Manufacturing:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Delta Manufacturing Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -1.2%-2.5%3.5%-0.3%-0.8%2.8%-1.7%-10.3%-5.2%0%-
Value Creation Index -1.1-1.2-0.8-1.0-1.1-0.8-1.1-1.7-1.4-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 14.115.218.416.718.123.356.890.87188.988
YoY Gr. Rt. %-7.9%21.3%-9.2%7.9%28.7%144.3%59.9%-21.9%25.3%-
Adj EPS -0.9-1.81.6-0.6-20.1-5.2-12.6-8.2-2.81.6
YoY Gr. Rt. %-NANA-138.5%NANA-4100%NANANA-
BVPS (₹) 17.916.118.818.445.445.657.625.817.739.337.2
Adj Net Profit -0.5-1.11-0.4-1.30.1-3.4-13.6-8.9-3.12
Cash Flow from Ops. 0-0.820.82.21.6-8.5-2.41.3-6.4-
Debt/CF from Ops. -337.2-16.65.815.64.47.4-6.3-2545.5-7.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22.7%37.6%16.1%25.3%
Adj EPS NANANANA
BVPS 9.2-2.8-11.9122.1
Share Price 8.5% 2.4% 25.7% -17.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -2.4-4.74.2-1.6-4.70.3-9.5-39.2-37.5-104.1
Op. Profit Mgn % 3.20.49.2-1.51.64.63.9-2.4-1-3.9-7.7
Net Profit Mgn % -3.9-7.25.5-2.3-7.10.4-5.9-15-12.5-3.51.9
Debt to Equity 1.11.311.10.30.41.42.13.21.10.2
Working Cap Days 141160160198203221222212274228254
Cash Conv. Cycle 9799758365441081261511210

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.10%

Debt to equity has declined versus last 3 years average to 1.10

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 2.52%

Latest Financials - Delta Manufacturing Ltd.

Standalone Consolidated
TTM EPS (₹) 1.6 -13
TTM Sales (₹ Cr.) 88.2 88.2
BVPS (₹.) 37.2 39.8
Reserves (₹ Cr.) 30 32
P/BV 1.99 1.87
PE 47.47 0.00
From the Market
52 Week Low / High (₹) 57.70 / 125.50
All Time Low / High (₹) 5.10 / 225.00
Market Cap (₹ Cr.) 80.5
Equity (₹ Cr.) 10.9
Face Value (₹) 10
Industry PE 48

Management X-Ray of Delta Manufacturing :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Delta Manufacturing

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Delta Manufacturing Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Delta Manufacturing on 27-Jan-2023 18:01 is : 74.75.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Jan-2023 18:01 the market cap of Delta Manufacturing stood at ₹ 80.52.
The latest PE ratio of Delta Manufacturing as of 27-Jan-2023 18:01 is 47.47.
The latest PB ratio of Delta Manufacturing as of 27-Jan-2023 18:01 is 1.99
The 52-week high of Delta Manufacturing is ₹ 125.5 and the 52-week low is ₹ 57.70.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Delta Manufacturing is ₹ 88.23 ( Cr.) .

About Delta Manufacturing Ltd

Delta Magnets formerly known as G. P. Electronics Ltd was established in 1985 with technical know-how from TKS Japan.

The company is one of the leading manufacturer and supplier of magnets used in -Magneto of two wheelers, Starter Motor of Two wheeler, Three Wheeler and Four wheeler,Wiper Motor of Four Wheeler, Industrial Stirrer, Solar Fans and Bicycle dynamo

The company's manufacturing facility is located at Nashik - 180 Kms, North of Bombay, India- which is the nearest sea as well as airport.

The company established its own Quality Management Systems in place to produce international standard Hard Ferrite Magnets. In the year 1998 the company entered in to a technical collaboration with TDK Corporation, Japan and also enhanced its production capacity to 3600 MT per year.

Delta Magnets has been supplying its products /services to numerous customers in the past for diversified applications. Its customers' profile ranges from large & medium public sectors to private sectors/industries like Consumer Electronics Sector, Engineering, Telecommunication Sector and Power Sector.

Products manufactured by the company:

The company is a leading hard ferrite magnet (Anisotropic & Isotropic ) manufacturer based in India. By value it manufactures 98% anisotropic & 2% of isotropic. Its products are used in diversified applications in consumer electronics and other industries. Our 1/3rd of production is exported to Europe.

Different types of ferrites

  • Rings 
  • Arc / Segments
  • Sleeves
  • Rectangular /  Flats
  • Customized 

Achievements/ recognition:

Certified by  BVQI in 1994 in conformance to ISO – 9002:1994

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