Delton Cables (BSE: DLTNCBL) had a P/E of 33.1× on 6 Nov 2026, above the industry P/E of 30.0×. Sales and net profit grew 53% and 194% a year over 3 years; its ROCE of 14% is the lowest among the 7 largest Electrical Equipment & Parts peers. Debt is 0.54× equity, and its dividend yield is 0.3%. It is a small-cap company with a market cap of ₹637 Cr, ranked 54th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 5.4% over the past year.
- ₹775.30
- ₹775.30
- ₹736.55
- ₹775.30
- 14.8K
Health check
- ReturnsIn line
+5.4% over a year, better than 4 of 7 peers.
- Price tagIn line
P/E 33.1 vs industry 30.0.
- GrowthStrong
Sales +52.8%, profit +194.2% a year over 3 years.
- ProfitabilityWeak
ROCE 14.1% vs peer median 22.1%.
- Balance sheetStretched
Debt 0.54× equity, interest covered 1.6×, Piotroski 3 of 9.
- Red flags2 to check
Return on equity is low at 6.8%.
Small cap
Defensive
Key metrics
- Market cap
- ₹637 Cr
- Small cap
- P/E
- 33.1
- Industry 30.0
- Price to book
- 1.86
- Peers 7.24
- Dividend yield
- 0.28%
- ROE
- 6.8%
- Peers 18.0%
- ROCE
- 14.1%
- Peers 22.1%
- Debt to equity
- 0.54
- Debt ₹184 Cr
- EPS (TTM)
- ₹22.26
- OPM (TTM)
- 6.8%
- Net margin 1.7%
- Sales growth
- +83.2%
- Latest quarter vs a year ago
- Profit growth
- +146.3%
- Latest quarter vs a year ago
- Price to sales
- 0.57
- EV/EBITDA 10.1
Strengths and risks
Strengths
- Quarterly profit up 146.3% on a year ago.
- Quarterly sales up 83.2% on a year ago.
Risks to check
- Return on equity is low at 6.8%.
- Interest coverage of only 1.8×.
About Delton Cables
Delton Cables Limited manufactures and supplies wires, cables, and switchgears in India and internationally. The company offers wires and cables, such as power and control, instrumentation, building, single/multi flexible, medium voltage, railway signaling, rubber, telephone, aerial self-supporting telephone, jelly filled telephone, solar AC/DC, coaxial, steel braided, welding, thermocouple and compensating, special, and ABC cables, as well as drop wire…
- Headquarters
- Faridabad
- Employees
- 345
- Sector
- Industrials
- ISIN
- INE872E01016
- Website
- deltoncables.com
Price range
- Avg volume (3M)
- 14.3K
- 1-year return
- plus 5.4%
- From 52-week high
- minus 5.5%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| DLTNCBLDelton Cables | 737.25 | minus 4.91% | 637 | 33.1 | 12.8 | 14.1% | 6.8% | 0.54 | 52.8% | plus 5.4% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 156 | 241 | 268 | 320 | 286 | |
| 143 | 223 | 250 | 306 | 262 | |
| 13.3 | 18.2 | 18.1 | 14.4 | 24.8 | |
| 8.5% | 7.5% | 6.7% | 4.5% | 8.7% | |
| 0.4 | 0.5 | 0.5 | 1 | 0.6 | |
| 7.7 | 9.1 | 11 | 11.8 | 12.9 | |
| 1.5 | 1.7 | 1.8 | 1.9 | 2 | |
| – | – | 0.5 | −0.3 | – | |
| 4.5 | 7.9 | 6.3 | 1.4 | 10.5 | |
| 31.1% | 20.7% | 35.0% | 10.5% | 27.9% | |
| 3.1 | 6.3 | 4.1 | 1.3 | 7.6 | |
| 3.57 | 7.28 | 4.73 | 1.46 | 8.79 |
Profit & loss
- Sales CAGR 3Y
- +52.8%
- Profit CAGR 3Y
- +194.2%
- EPS CAGR 3Y
- +194.0%
- ROE
- 6.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 268 | 401 | 695 | 958 | |
| – | +49.4% | +73.4% | +37.8% | |
| 250 | 372 | 648 | 894 | |
| 18.2 | 28.7 | 47.4 | 63.9 | |
| 6.8% | 7.2% | 6.8% | 6.7% | |
| −0.1 | 2.7 | −3 | −2.5 | |
| 10.3 | 17.8 | 21.6 | 34.7 | |
| 1.3 | 1.6 | 3.8 | 7 | |
| 0.1 | 5.7 | 9.6 | 0.4 | |
| 6.6 | 17.8 | 28.6 | 20.1 | |
| 91.3% | 17.5% | 28.3% | 26.8% | |
| 0.6 | 14.7 | 20.5 | 14.7 | |
| – | +2437.9% | +39.9% | minus 28.2% | |
| 0.67 | 16.96 | 23.74 | 17.04 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.6 | 8.6 | 8.6 | 8.6 | |
| 48.1 | 62.7 | 81.8 | 335 | |
| 75.4 | 113 | 184 | 184 | |
| 52.4 | 82.8 | 153 | 334 | |
| 184 | 267 | 428 | 862 | |
| 10.7 | 17.6 | 50.1 | 316 | |
| 0.7 | 1.1 | 3.6 | 2.5 | |
| 0.2 | 0.8 | 0.2 | 0.4 | |
| 173 | 248 | 374 | 543 | |
| 184 | 267 | 428 | 862 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.5 | −27.3 | −14.2 | −5.7 | |
| −1.6 | 10.4 | −12.3 | −19 | |
| −0.7 | 19.9 | 30.2 | 31.2 | |
| 0.2 | 3.1 | 3.7 | 6.6 | |
| −1.6 | −8.5 | −22.9 | −20 | |
| 0.9 | −35.8 | −37.2 | −25.7 | |
| – | – | −1.3 | −1.7 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 5.8% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.