DELTAMAGNTIndustrials

Delta Manufacturing Limited

Other Industrial Products · ISIN INE393A01011 · BSE 504286 · NSE EQ · FV ₹10
Last price
₹55
+0.58%today
What this company does

Delta Manufacturing Limited operates in Other Industrial Products, part of the Industrials sector. It booked ₹19 cr of revenue in its latest quarter (Q1 FY27) and kept -1.6% of sales as profit.

In the report:
26out of 100
Equitytale Health Score
Fragile

Healthier than 26% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 166–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns37

How much profit it earns on the money it employs

Balance sheet6

How much it owes, and whether earnings cover the interest

Cash quality15

Whether reported profit actually arrives as cash

Growth & consistency18

Whether sales and profit have grown, and how steadily

Valuation2

What today's price implies, against our models or its peers · lowest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 33% vs last year
Promoters hold 72%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -1.6% net margin
! Low -53.9% return on equity
! Carries high debt (D/E 17.0)
! Operating cash flow is negative

What if I invest in DELTAMAGNT?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹55 +0.58%
latest close · 2026-09-17
1-year return
+3.0%
52-wk low ₹4952-wk high ₹125
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio25.98High
Below bookModerateHigh
EV / EBITDA11.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-53.9%Loss
WeakFairStrong ▸15%
Return on capital30.5%Strong
WeakFairStrong
Net margin-1.6%Loss
ThinDecentStrong
EBITDA margin10.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity16.97High
LowModerateHigh ▸1
Interest cover1.2×Risky
RiskyOkayStrong ▸5×
Current ratio0.48Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹60 cr
Book value
₹2
EPS
₹-0.43
latest quarter
Net debt
₹39 cr
owes more than its cash
Enterprise value
₹98 cr
EBITDA
₹8 cr
annualised
EBIT
₹4 cr
annualised
Operating margin
5.4%
Return on assets
-1.8%
Earnings yield
P/S
0.78
Sales / share
₹70.3
Tax rate
0.0%
Face value
₹10
Shares
1.1 cr
Working capital
₹-29 cr
Current assets
₹26 cr
Current liabilities
₹55 cr
Delivery %
71.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹19 cr
Other Income₹30.8 L
Total Income₹19 cr
Cost of Materials₹7 cr
Purchases of Stock-in-Trade₹2.9 L
Inventory Change (±)₹-32.6 L
Employee Benefit Expense₹6 cr
Finance Costs₹87.3 L
Depreciation & Amortisation₹1 cr
Other Expenses₹4 cr
Total Expenses₹19 cr
Profit before Tax₹15.3 L
Tax Expense₹0 cr
Share of JV / Associates₹-61.1 L
Net Profit₹-31.1 L
Net margin on total income-1.6%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹7 cr34.1%
Employee benefit expense₹6 cr33.5%
Finance costs₹87.3 L4.5%
Depreciation & amortisation₹1 cr5.4%
Other expenses₹4 cr22.4%
Total income ₹19 cr

The company made a net loss of ₹31.1 L this quarter — income covered only 101 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue16 cr18 cr19 cr
Total income16 cr20 cr19 cr
Expenses16 cr18 cr19 cr
Profit before tax-1.8 L2 cr15.3 L
Tax50.4 L-42.7 L0 cr
Net profit (owners' share)-5 cr-3 cr-31.1 L
Net margin (owners' share, on revenue)-33.5%-14.2%-1.6%
EPS (₹)-1.261.23-0.43
YoY (latest quarter): total income +32.7% · net profit
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹68 cr
Shareholder equity
₹2 cr
parent shareholders
Total debt
₹39 cr
Cash
₹54.9 L
Cash flow · H1 FY26
Operating
₹-89.8 L
Investing
₹-88.9 L
Financing
₹2 cr
Peer comparison
Other Industrial Products · by market value
CompanyPriceMarket capP/E
HBL Engineering Limited₹757₹20,977 cr47.9
INOX India Limited₹2,015₹18,287 cr78.7
KRN Heat Exchanger and Refrigeration Limited₹1,393₹9,117 cr67.0
Esab India Limited₹5,619₹8,646 cr38.5
Subros Limited₹690₹4,500 cr27.1
Harsha Engineers International Limited₹434₹3,950 cr26.4
Ador Welding Limited₹1,564₹2,722 cr24.7
Diffusion Engineers Limited₹436₹1,631 cr24.4
MIC Electronics Limited₹34₹821 cr94.6
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
72.1%
FII / Foreign
DII / Domestic
0.1%
Retail / others
27.8%
Smart-money activity
Insider trades
BoughtRam H. Shroff · Promoter Group38,715 · ₹11.7 L15 Feb 21
BoughtAditi Mody Family Private Limited (Formerly Known As Bayside Property Developers Private Limited) ��Trustee of Aditi J Mody Trust · Promoters9.89 L3 Mar 20
BoughtAarti Pandit Family Private Limited (Formerly Known As Aryanish Finance And Investments Private Limited) ��Trustee of Aarti J Mody Trust · Promoters9.90 L3 Mar 20
Bulk / block deals
SoldAMIT KUMAR JAIN · NSE70,046 @ ₹67.4328 Jul 26
BoughtAMIT KUMAR JAIN · NSE33,528 @ ₹65.4128 Jul 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE74,068 @ ₹130.013 Dec 24
Stake changes
BoughtAarti Pandit Family Private Ltd alongwith PAC · promoter→ 70.71% · 30.00 L3 Mar 20
BoughtAarti Pandit Family Private Ltd alongwith PAC · promoter→ 70.71% · 30.00 L3 Mar 20
BoughtDelta Real Estate Consultancy Pvt.Ltd · promoter→ 71.89% · 10,01017 Nov 15
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 25 Mar 2026
See the official result
1
TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH MMG FERRITES PRIVATE LIMITED.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
2.16 L votes for, 300 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 18 named members
owning 72.1% between them · as of 2026-06-30
AARTI PANDIT FAMILY PRIVATE LIMITED18.31%
ADITI MODY FAMILY PRIVATE LIMITED18.31%
ANJALI MODY FAMILY PRIVATE LIMITED18.30%
SSI TRADING PRIVATE LIMITED14.88%
MIRANDA TOOLS PRIVATE LIMITED1.34%
KALPANA SINGHANIA0.36%
Urvi Piramal A0.34%
RAM HEMANT SHROFF0.16%
Business done with them
FY2025 · 1 of the group
The company paid ₹13.4 L to companies in the promoter group last year — about 0.2% of its ₹61 cr revenue.
DELTA CORP LIMITED
Other payments to them · Rent and reimbursements paid, Purchase of Goods or services
₹10.4 L
company paid
DELTA CORP LIMITED
Bought goods from them · Rent and reimbursements paid, Purchase of Goods or services
₹2.9 L
company paid

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.