Delton Cables Ltd

Delton Cables Ltd (DLTNCBL) is a micro-cap Capital Goods company valued at ₹620 crore operating in Other Electrical Equipment on the NSE and BSE.

Recent price move

Delton Cables Ltd last traded at ₹718, modestly down 0.66% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing a significant jump in both revenue and net profit compared to the same period a year earlier. The company's promoter holding remained at 73.04% as of 2026-06-30, with no changes in foreign or domestic institutional holdings.

Financial performance

The company's revenue grew 39.1% annually, reaching ₹986 crore, while net profit fell 28.2% to ₹15 crore. The latest quarter saw revenue rise 83.2% year-on-year to ₹286 crore, and net profit surged 146.4% to ₹8 crore, indicating strong recent growth despite annual profit declines.

Valuation multiples

The stock trades at 42.1 times earnings, 5.53 times book value. It yields 0.3%.

Things to watch

The net profit margin narrowed 1.4 percentage points to 1.5%, and return on equity fell to 4.3%. The stock is 7.3% below its 52-week high, and the company's profit growth has slowed from a 145.1% annualized rate to a 71.2% five-year rate.

Where it stands

Delton Cables Ltd's revenue has grown rapidly, but net profit has lagged, with margins contracting. The latest quarter showed a sharp rise in both revenue and profit, but the company's return on equity remains low. The stock is trading 7.3% below its 52-week high, and the net profit margin has declined significantly.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.