Overview

Detailed Summary

Delta Manufacturing Limited manufactures hard ferrite magnets, soft ferrite magnets (sold as a going concern in January 2025), and textile products including woven and printed labels and elastic/woven tapes from its Nashik manufacturing complex; the company has historically supplied magnets to OEMs and operates through subsidiaries and a joint venture focused on ferrite products.
Financially the Group reported consolidated continuing-operations revenue of INR 2,846.53 lakhs for the half year ended September 30, 2025, but recorded a consolidated total comprehensive loss of INR 468.47 lakhs, driven by an exceptional PPE impairment of INR 484.82 lakhs and ongoing finance costs against elevated borrowings of roughly INR 3,024 lakhs.
Segment dynamics shifted materially after the disposal of the soft ferrites and Rhine businesses: textile remains the dominant revenue engine (textile H1 revenue ~INR 2,785.00 lakhs) while the hard ferrites segment reported material losses, and discontinued operations materially reduced prior revenue but also simplified the operating footprint.
Liquidity and balance-sheet stress are evident: consolidated cash at period end was INR 9.69 lakhs, operating cash outflow for H1 was negative, and the company reported net increase in current borrowings alongside high finance costs; management recognised one‑off proceeds and impairments but must prioritize deleveraging and working capital optimisation to restore financial stability.

Sector: Industrial Products
Industry: Other Industrial Products
Market Cap: 60 Cr
Volatility: Moderate Risk
P/E Ratio: -20.8
Industry P/E: 32.0
PEG Ratio: —
P/B Ratio: 26.1
52W High: 84.53
52W Low: 41.03

Sales CAGR

1Y: 10.80%
3Y: -8.07%
5Y: -2.71%
10Y: 13.13%

Profit CAGR

1Y: -2.65%
3Y: —
5Y: —
10Y: —

ROE

TTM

‌

Peers

Industrials Capital Goods Industrial Products Other Industrial Products

Symbol	Watchlist	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
SIYARAM		35.26	77 Cr	20.27	0.59	0.00	2.92	6.72	1.38
INLCM		267.80	72 Cr	-231.10	4.57	0.00	—	—	0.00
DHANSA		24.20	65 Cr	11.52	0.81	0.00	5.59	7.23	3.66
BRACEPORT		55.00	62 Cr	12.48	1.45	1.82	8.55	11.61	10.55
DELTAMAGNT		55.51	60 Cr	-20.84	26.13	0.00	-46.07	-0.47	-15.40
GPSL		68.40	51 Cr	2.16	0.46	0.00	4.70	4.90	17.50
INDOBELL		71.82	45 Cr	55.86	2.79	2.78	4.96	6.75	4.07
Median: 7 Co.	—	55.51	62 Cr	11.52	1.45	0.00	4.83	6.74	3.66

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total

QoQ

YoY

Total

	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	21	21	20	15	16	14	14	16	18	19
Expenses	22	21	21	15	16	15	15	15	17	17
Operating Profit	-0.65	-0.92	-0.89	0.21	-0.37	-0.41	-0.48	0.82	1.57	1.76
OPM %	-3.05	-4.48	-4.53	1.39	-2.35	-2.86	-3.39	5.28	8.49	9.22
Other Income	0.31	0.15	0.15	0.12	0.09	-0.35	-0.59	-0.79	0.41	-0.30
Interest	1.53	1.05	1.11	0.50	0.79	0.69	0.75	0.22	0.20	0.87
Depreciation	1.07	1.09	1.10	0.83	0.81	0.81	0.78	0.68	0.87	1.04
Profit Before Tax	-2.93	-2.92	-2.96	-1.00	-1.89	-2.25	-2.61	-0.87	0.91	-0.46
Tax %	1.37	0.34	0.00	6.00	-1.06	1.33	8.05	-57.47	-47.25	0.00
Net Profit	-2.90	-2.91	-2.96	-0.94	-1.90	-2.22	-2.40	-1.37	1.34	-0.46
EPS in Rs	-2.67	-2.68	-2.73	-5.39	-0.34	-2.01	-2.22	-4.79	-2.42	-0.29

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total

YoY

Total

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	64	73	101	124	70	88	80	84	61	62	67
Expenses	58	68	96	124	71	91	85	86	64	58	64
Operating Profit	5.47	4.37	4.53	-0.17	-0.59	-3.48	-5.80	-2.30	-3.13	4.33	3.67
OPM %	8.56	6.02	4.50	-0.13	-0.84	-3.96	-7.29	-2.75	-5.13	7.00	5.46
Other Income	0.39	0.87	0.48	0.91	0.33	27	-0.40	1.05	0.40	-1.76	-1.27
Interest	3.95	4.83	4.64	6.12	6.44	4.45	3.79	4.66	2.38	0.79	2.04
Depreciation	2.15	2.22	3.98	6.65	5.03	4.22	4.85	4.49	3.25	2.76	3.37
Profit Before Tax	-3.78	-2.76	-3.61	-12	-12	14	-15	-10	-8.35	-0.99	-3.03
Tax %	-15.19	-17.90	7.58	-2.36	25.79	19.73	-14.41	0.28	0.59	-7.78	4.62
Net Profit	-4.36	-3.26	-3.33	-12	-8.71	12	-17	-10	-8.31	-1.06	-2.89
EPS in Rs	-4.01	-3.01	-1.51	-8.03	-6.19	17.76	-18.56	-9.55	-11.14	-11.44	-9.72
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total

YoY

Total

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	6.47	6.47	11	11	11	11	11	11	11	11
Reserves	22	18	43	32	26	44	27	16	3.75	-8.55
Borrowings	35	41	55	57	67	47	40	40	28	40
Other Liabilities	22	27	32	37	33	27	28	28	25	26
Total Liabilities	84	92	140	137	137	130	105	95	68	68
Fixed Assets	45	46	59	64	60	46	50	47	31	36
CWIP	0.46	0.14	5.31	0.00	0.00	5.02	0.03	0.45	0.14	0.39
Investments	0.00	0.00	6.47	2.35	0.66	2.66	5.66	1.99	0.22	0.00
Other Assets	39	47	70	71	76	76	50	46	36	32
Total Assets	84	92	140	137	137	130	105	95	68	68

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total

YoY

Total

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	2.20	-1.35	1.79	-0.03	3.46	-3.17	-4.15	1.61	1.06	0.66
Cash from Investing Activity	-3.93	-1.69	-7.07	0.66	-0.47	43	-3.25	2.28	0.20	-9.76
Cash from Financing Activity	0.05	4.30	6.35	-2.58	-2.07	-26	-9.59	-4.03	-1.43	9.44
Net Cash Flow	-1.68	1.26	1.07	-1.96	0.91	14	-17	-0.14	-0.17	0.34

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	72.08%	72.12%	72.12%	72.12%	72.12%	72.12%	72.12%	72.12%	72.12%	72.12%	72.12%	72.12%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%
Public	27.84%	27.80%	27.80%	27.80%	27.80%	27.80%	27.80%	27.80%	27.80%	27.80%	27.80%	27.80%
Total Shareholders	13,030	12,748	12,566	12,577	12,199	12,160	12,510	12,247	11,870	11,693	11,618	11,543

Market Transactions

Unlock more with Max

Real-time bulk & block deal transactions
Export transaction data for analysis

Projection

Investor Presentation

Q2 FY26

‌
‌

Board Meeting

12 hours ago

Delta Manufacturing Board Meeting Scheduled

Delta Manufacturing Ltd will hold a board meeting on 4 November 2026 to approve unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026.

Frequently Asked Questions about Delta Manufacturing Ltd

Delta Manufacturing Ltd (DELTAMAGNT) is currently trading at 55.51 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Delta Manufacturing Limited manufactures hard ferrite magnets, soft ferrite magnets (sold as a going concern in January 2025), and textile products including woven and printed labels and elastic/woven tapes from its Nashik manufacturing complex; the company has historically supplied magnets to OEMs and operates through subsidiaries and a joint venture focused on ferrite products. Financially the Group reported consolidated continuing-operations revenue of INR 2,846.53 lakhs for the half year ended September 30, 2025, but recorded a consolidated total comprehensive loss of INR 468.47 lakhs, driven by an exceptional PPE impairment of INR 484.82 lakhs and ongoing finance costs against elevated borrowings of roughly INR 3,024 lakhs. Segment dynamics shifted materially after the disposal of the soft ferrites and Rhine businesses: textile remains the dominant revenue engine (textile H1 revenue ~INR 2,785.00 lakhs) while the hard ferrites segment reported material losses, and discontinued operations materially reduced prior revenue but also simplified the operating footprint. Liquidity and balance-sheet stress are evident: consolidated cash at period end was INR 9.69 lakhs, operating cash outflow for H1 was negative, and the company reported net increase in current borrowings alongside high finance costs; management recognised one‑off proceeds and impairments but must prioritize deleveraging and working capital optimisation to restore financial stability.

Over the past 52 weeks, Delta Manufacturing Ltd has traded between a low of ₹41.03 and a high of ₹84.53. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Delta Manufacturing Ltd has a market capitalization of approximately 60.23. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Delta Manufacturing Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -20.84 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 60.23 Cr, Delta Manufacturing Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Delta Manufacturing Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Delta Manufacturing Ltd is -20.84. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Delta Manufacturing Ltd

Investor's Suite

Market Explorer

Market Pulse

Deep Dive

Utility

Company

Delta Manufacturing Ltd

Overview

Financial Ratios

Technicals

Forecasts

Peers

Price Chart Comparison

Financial Statements