Delta Manufacturing

Small Cap 3.8k Result

₹92.00

4.1 (4.66%)

As on 10 December, 2023 | 00:39 BSE: 504286 NSE: DELTAMAGNTISIN: INE393A01011

Delta Manufacturing Performance

Day Range

Low 89.00
High 92.25

₹ 92.00

52 Week Range

Low 63.20
High 117.80

₹ 92.00

Open Price89.00
Previous Close87.90
Volume43076

Start SIP in Delta Manufacturing

Start SIP

Delta Manufacturing Share Price

Over 1 Month 12.26%
Over 3 Month -12.55%
Over 6 Month 20.97%
Over 1 Year 15.51%

Delta Manufacturing Key Statistics

P/E Ratio	-9.7
PEG Ratio	-0.4
Market Cap Cr	100
Price to Book Ratio	2.7
EPS	-11.8
Dividend	0
Relative Strength Index	71.17
Money Flow Index	76.44
MACD Signal	-0.6
Average True Range	3.29

Delta Manufacturing Investment Rating

Master Rating:
Delta Manufacturing has an operating revenue of Rs. 82.91 Cr. on a trailing 12-month basis. An annual revenue de-growth of -9% needs improvement, Pre-tax margin of -19% needs improvement, ROE of -44% is poor and needs improvement. The company has a reasonable debt to equity of 15%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 14% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 21% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 42 which is a POOR score indicating inconsistency in earnings, a RS Rating of 37 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 56 indicates it belongs to a fair industry group of Electronic-Parts and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Delta Manufacturing Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	21	21	20	21	17	21	25
Operating Expenses Qtr Cr	21	22	21	22	21	22	28
Operating Profit Qtr Cr	0	-1	-1	-1	-3	-1	-3
Depreciation Qtr Cr	1	1	1	1	1	1	1
Interest Qtr Cr	1	1	1	1	1	1	1
Tax Qtr Cr	0	0	0	0	0	2	-2
Net Profit Qtr Cr	-3	1	-2	-3	-5	3	-3

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	81	90
Operating Expenses Annual Cr	85	92
Operating Profit Annual in Cr	-6	-4
Depreciation Cr	5	4
Interest Annual Cr	4	4
Tax Annual Cr	2	3
Net Profit Annual Cr	-8	24

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	2	-6
Cash from Investing Activity Annual Cr	4	31
Cash from Financing Annual Activity Cr	-10	-21
Net Cash Flow Annual Cr	-3	3

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	34	43
Fixed Assets Annual Cr	50	49
Total Non Current Assets Annual Cr	55	59
Total Current Assets Annual Cr	50	56
Total Assets Annual Cr	105	115

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	31	39
ROE Annual %	-23	55
ROCE Annual %	-20	-13
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	-5	-3

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	21	21	20	21	17	21	25
Operating Expenses Qtr Cr	21	22	21	22	21	22	27
Operating Profit Qtr Cr	0	-1	-1	-1	-3	-1	-2
Depreciation Qtr Cr	1	1	1	1	1	1	1
Interest Qtr Cr	1	1	1	1	1	1	1
Tax Qtr Cr	0	0	0	0	0	2	-2
Net Profit Qtr Cr	-3	-3	-2	-3	-5	-6	0

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	81	89
Operating Expenses Annual Cr	85	91
Operating Profit Annual in Cr	-6	-3
Depreciation Cr	5	4
Interest Annual Cr	4	4
Tax Annual Cr	2	3
Net Profit Annual Cr	-17	19

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	-4	-3
Cash from Investing Activity Annual Cr	-3	43
Cash from Financing Annual Activity Cr	-10	-26
Net Cash Flow Annual Cr	-17	14

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	38	55
Fixed Assets Annual Cr	50	49
Total Non Current Assets Annual Cr	55	59
Total Current Assets Annual Cr	50	71
Total Assets Annual Cr	105	130

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	35	51
ROE Annual %	-45	35
ROCE Annual %	-19	-11
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	-5	-3

Invest in Delta Manufacturing

Delta Manufacturing Technicals

EMA & SMA

Current Price

₹92.00

4.1 (4.66%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹84.14

50 Day
₹84.99

100 Day
₹84.76

200 Day
₹82.34

20 Day
₹83.10

50 Day
₹84.73

100 Day
₹87.12

200 Day
₹80.42

Delta Manufacturing Resistance and Support

PIVOT

₹91.09

Resistance
First Resistance	93.17
Second Resistance	94.33
Third Resistance	96.42

RSI	71.17
MFI	76.44
MACD Single Line	-0.60
MACD	0.51

Support
First Resistance	89.92
Second Resistance	87.83
Third Resistance	86.67

Delta Manufacturing Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	45,395	4,539,500	100
Week	17,754	1,775,420	100
1 Month	8,457	845,729	100
6 Month	46,050	2,311,712	50.2

Delta Manufacturing Result Highlights

Delta Manufacturing Synopsis

NSE-Electronic-Parts

Delta Manufacturing is involved in the business activities of Manufacture of other articles. Company’s Total Operating Revenue is Rs. 79.63 Cr. and Equity Capital is Rs. 10.85 Cr. for the Year ended 31/03/2023. Delta Manufacturing Ltd. is a Public Limited Listed company incorporated on 23/09/1982 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L32109MH1982PLC028280 and registration number is 028280.

Market Cap	100
Sales	83
Shares in Float	0.30
No of funds	9
Yield

Book Value	2.93
U/D Vol ratio	0.9
LTDebt / Equity	17
Alpha	-0.06
Beta	1.38