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Delta Manufacturing Ltd (DELTAMAGNT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504286 NSE: DELTAMAGNT Electric Equipment | Small Cap | Delta Manufacturing Share Price

₹60.20 -2.99 (-4.73%)

As on 05-Jun'26 16:59

Delta Manufacturing Ltd (DELTAMAGNT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504286 NSE: DELTAMAGNT Electric Equipment | Small Cap | Delta Manufacturing Share Price

₹60.20 -2.99 (-4.73%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹69 Cr.
Current Price
₹60.2
52-Week Low / High
₹41 / 116
TTM EPS
₹2
TTM Sales
₹61.9 Cr.
Book Value per Share
₹12.4
P/E Ratio
31.11
Industry PE
56.3
Price to Book (P/B)
5.12
Higher than its 5-year historical median
Price to Sales (P/S)
1.11
In line with its 5-year historical median
EV/EBITDA
18.38
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-38.28%
Underperforms industry median
Return on Capital Employed (ROCE)
-10.31%
Underperforms industry median
Return on Assets (ROA)
-9.74%
Operating Profit Margin
-5%
Net Profit Margin
-12.99%
Gross Profit Margin
-8.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-9.59%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
72.12%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3 Cr.
Equity
₹10.9 Cr.
Face Value
₹10
All Time Low / High
₹5.10 / 225.00

Delta Manufacturing stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Delta Manufacturing Ltd a good quality company?
Delta Manufacturing Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Delta Manufacturing Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Delta Manufacturing Ltd vs industry peers?
Delta Manufacturing Ltd revenue CAGR is -7.66%, compared to the industry median CAGR of 13.01%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Delta Manufacturing Ltd?
Promoters hold 72.12% of the Delta Manufacturing Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Delta Manufacturing Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 8.9% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -0.2%0.5%3.2%-0.2%-8.2%-6.4%36.3%-2.4%-7.1%-10.3%-
Value Creation
Index
-1.0-1.0-0.8-1.0-1.6-1.51.6-1.2-1.5-1.7-

Growth Parameters

Sales 16.718.123.356.890.87188.979.667.56162
Sales YoY Gr.-7.9%28.7%144.3%59.9%-21.9%25.3%-10.5%-15.3%-9.6%-
Adj EPS -0.6-20.1-5.2-12.6-8.2-2.8-11.7-6.4-7.52
YoY Gr.-NANA-4100%NANANANANANA-
BVPS (₹) 18.445.445.657.625.817.739.331.524.513.712.4
Adj Net
Profit
-0.4-1.30.1-3.4-13.6-8.9-3.1-12.7-6.9-8.12
Cash Flow from Ops. 0.82.21.6-8.5-2.41.3-6.42.41.71.1-
Debt/CF from Ops. 15.64.47.4-6.3-2545.5-7.316.922.726.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 15.5%-7.7%-11.8%-9.6%
Adj EPS NANANANA
BVPS-3.2%-11.9%-29.7%-44.1%
Share Price 9% 8.5% -6.5% -42.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1.6-4.70.3-9.5-39.2-37.5-10-32.9-22.9-39.215.6
Op. Profit
Mgn %
-1.51.64.63.9-2.4-1-3.9-7-3.8-52.4
Net Profit
Mgn %
-2.3-7.10.4-5.9-15-12.5-3.5-15.9-10.3-13.33.6
Debt to
Equity
1.10.30.41.42.13.21.11.21.51.90.8
Working Cap
Days
19820322122221227422824325224292
Cash Conv.
Cycle
836544108126151121135131115-59

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales16.7418.0623.2556.8090.8470.9688.9479.6367.4761
Operating Expenses + 17.0117.7722.2354.6193.0971.6792.4885.447064.12
Manufacturing Costs7.617.519.2816.6523.0916.8019.6120.3714.5710.43
Material Costs2.0823.3315.1235.0825.6536.3728.3924.2523.72
Employee Cost 5.876.467.1517.1927.5522.5026.2929.7825.7723.60
Other Costs 1.451.812.475.657.376.7110.206.905.416.37
Operating Profit -0.270.291.022.19-2.25-0.70-3.54-5.80-2.53-3.12
Operating Profit Margin (%) -1.6%1.6%4.4%3.9%-2.5%-1.0%-4.0%-7.3%-3.8%-5.1%
Other Income + 0.630.651.080.820.810.400.921.690.830.47
Exceptional Items 00000037.657.0300.31
Interest 0.391.381.483.126.116.444.453.791.972.38
Depreciation 0.410.790.813.175.965.034.224.853.293.25
Profit Before Tax -0.44-1.23-0.19-3.28-13.52-11.7826.36-5.72-6.97-7.97
Tax -0.040.03-0.240.060.07-3.032.852.14-0.03-0.05
Profit After Tax -0.40-1.260.06-3.34-13.59-8.7523.51-7.86-6.94-7.92
PAT Margin (%) -2.4%-7.0%0.3%-5.9%-15.0%-12.3%26.4%-9.9%-10.3%-13.0%
Adjusted EPS (₹)-0.6-2.00.1-5.2-12.5-8.121.7-7.2-6.4-7.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Delta Manufacturing - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 24.7029.3529.5337.2527.9719.2242.6934.1326.5614.85
Share Capital 6.476.476.476.4710.8510.8510.8510.8510.8510.85
Reserves 18.2322.8823.0630.7817.128.3731.8423.2815.703.99
Debt +12.769.5911.8151.5557.2561.0446.8540.0539.5227.63
Long Term Debt9.365.476.2512.0211.523.817.265.673.501.95
Short Term Debt3.404.115.5639.5245.7357.2339.5934.3836.0225.68
Minority Interest0000000000
Trade Payables2.773.824.1111.6711.7714.2113.7213.2213.5010.63
Others Liabilities 2.2767.8721.1515.6812.7312.1517.4615.2614.69
Total Liabilities 42.5048.7653.32121.61112.67107.20115.41104.8594.8467.80

Fixed Assets

Net Fixed Assets +17.3120.7520.5048.7149.9245.9243.6949.8047.0335.71
Gross Block46.8551.1051.66123.06130.22131.20132.45142.57144.0794.02
Accumulated Depreciation29.5430.3531.1574.3580.3085.2888.7792.7797.0458.31
CWIP 0.390.360.125.31005.020.030.450.14
Investments 13.9815.6115.6112.778.656.965.375.6720.33
Inventories1.872.142.0514.4616.3916.0917.5018.0416.0511.36
Trade Receivables5.615.255.4028.0725.5726.3027.0220.7819.1014.83
Cash Equivalents 0.110.050.212.520.970.763.610.820.810.26
Others Assets 3.234.619.429.7811.1711.1813.199.719.405.18
Total Assets 42.5048.7653.32121.61112.67107.20115.41104.8594.8467.80

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.822.191.60-8.47-2.351.34-6.422.371.741.06
PBT -0.44-1.36-0.06-3.31-13.50-11.7826.32-5.72-7.30-13.51
Adjustment 0.762.162.076.7112.4913.11-27.200.745.7413.41
Changes in Working Capital 0.411.47-0.46-11.65-1.090.15-5.227.423.151.17
Tax Paid 0.09-0.080.06-0.22-0.24-0.15-0.31-0.070.16-0.01
Cash Flow From Investing Activity + -1.39-2.22-2.43-13.202.890.3830.524.402.280.52
Capex -1.06-1.06-0.54-6.69-1.37-0.7918.78-2.74-1.91-1.82
Net Investments 000-6.334.301.8411.667.043.882.66
Others -0.33-1.15-1.89-0.18-0.05-0.670.080.090.30-0.32
Cash Flow From Financing Activity + 0.64-0.040.8416.87-2.22-1.69-21.35-9.59-4.03-1.43
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.06004.82-0.381.273.45-1.59-2.17-1.55
Interest Paid -0.39-1.37-1.38-2.40-7.81-3.66-6.92-2.55-3.41-2.92
Dividend Paid 000-0.06-0-0-0-0-0.04-0.05
Others 0.971.332.2214.515.970.69-17.88-5.451.583.09
Net Cash Flow 0.07-0.070.01-4.80-1.680.032.75-2.82-0.010.15

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-3.35-6.110.2-10-41.67-37.0975.95-20.47-22.88-38.28
ROCE (%)-0.210.473.24-0.24-8.16-6.3936.29-2.36-7.13-10.31
Asset Turnover Ratio0.450.450.470.650.780.650.80.720.680.75
PAT to CFO Conversion(x)N/AN/A26.67N/AN/AN/A-0.27N/AN/AN/A
Working Capital Days
Receivable Days100.3097.2081.50107.50107.80133.40109.40109.60107.90101.50
Inventory Days36.5035.8032.10536283.5068.9081.4092.2082
Payable Days428.10602.40434.70190.40121.90184.80140.10173.10201.10185.60

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Delta Manufacturing Ltd FAQs

The current trading price of Delta Manufacturing on 05-Jun-2026 16:59 is ₹60.20.

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 04-Jun-2026 the market cap of Delta Manufacturing stood at ₹68.57 Cr

The latest P/E ratio of Delta Manufacturing as of 04-Jun-2026 is 31.11.

The latest P/B ratio of Delta Manufacturing as of 04-Jun-2026 is 5.12.

The 52-week high of Delta Manufacturing is ₹115.9 and the 52-week low is ₹41.03.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Delta Manufacturing is ₹61.87 ( Cr.) .

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

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

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.

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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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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