DELTAMAGNT
Delta Manufacturing financials
- Market cap
- ₹62 Cr
- Sector
- Capital Goods
What Delta Manufacturing Limited does
Delta Manufacturing Limited makes hard ferrite cores (magnetic components) used by customers in automobiles, railways, telecommunications and electronics, manufactured at its Nashik plants under the Delta Magnets brand. Its Trim Division at Tirupur produces textile trims and accessories for textile/apparel export clients and sustainable-fashion brands under the Arrow Textiles brand. The company previously also ran a soft-ferrite manufacturing line, which it slump-sold as a going concern to MMG Ferrites Private Limited (now an associate, jointly held with Premo S.L. of Spain) during FY25.
Segments
- Ferrites (hard ferrite cores)
- Textile Trims (Trim Division)
- Manufacturing plants
- 3 (2 in Nashik, Maharashtra; 1 in Tirupur, Tamil Nadu)
- Hard ferrite production capacity
- 125 MT/month (up from 70 MT/month)
- End-user industries served
- Automobiles, railways, telecommunications, textile accessories
- Business divisions
- Ferrites (Nashik) and Trim Division (Tirupur, textile accessories)
- Strategic technology partner
- Premo S.L. (Spain) — ferrites manufacturing & technology JV
- Group entities
- 1 wholly-owned subsidiary (DML Ferrites Pvt Ltd) + 1 associate (MMG Ferrites Pvt Ltd, JV with Premo S.L.)
Quarterly results
Q1 FY27: revenue up 33.2%, net profit up 85.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 15 | 16 | 14 | 14 −4% | 16 +4% | 18 +19% | 19 +33% |
| EBITDA | -2 | 2 | 2 | -1 | 0 +111% | -0 −101% | 1 −66% | 1 +209% |
| Net profit | -3 | -6 | -0 | -2 | -2 +19% | -5 +11% | -3 −608% | -0 +86% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −35.1% 1Y
1Y: ₹86.1 on 10 Sept 2025 → ₹55.87. High ₹89.86 (18 Sept 2025), low ₹46.2 (30 Mar 2026).
Financials, as filed
Revenue fell 10.1% a year over 2 years, FY24 to FY26. Operating margin widened to -0.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹77 Cr | ₹61 Cr | ₹62 Cr |
| Operating profit | ₹-2 Cr | ₹1 Cr | ₹-0 Cr |
| Operating margin | -2.3% | 1.2% | -0.4% |
| Interest | ₹3 Cr | ₹2 Cr | ₹1 Cr |
| Depreciation | ₹4 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹-10 Cr | ₹-12 Cr | ₹-12 Cr |
| Net margin | -13.5% | -19.9% | -20.0% |
| Cash from operations | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Free cash flow | ₹0 Cr | ₹-1 Cr | ₹-9 Cr |
| ROCE | -7.0% | -11.0% | 0.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹26 Cr | ₹44 Cr | ₹27 Cr | ₹16 Cr | ₹-1 Cr | ₹-9 Cr |
| Borrowings | ₹67 Cr | ₹47 Cr | ₹40 Cr | ₹40 Cr | ₹31 Cr | ₹40 Cr |
| Other liabilities | ₹33 Cr | ₹27 Cr | ₹28 Cr | ₹28 Cr | ₹25 Cr | ₹26 Cr |
| Total liabilities | ₹137 Cr | ₹130 Cr | ₹105 Cr | ₹95 Cr | ₹65 Cr | ₹68 Cr |
| Fixed assets | ₹60 Cr | ₹46 Cr | ₹50 Cr | ₹47 Cr | ₹30 Cr | ₹36 Cr |
| Capital work in progress | ₹0 Cr | ₹5 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1 Cr | ₹3 Cr | ₹6 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹76 Cr | ₹76 Cr | ₹50 Cr | ₹46 Cr | ₹35 Cr | ₹32 Cr |
| Total assets | ₹137 Cr | ₹130 Cr | ₹105 Cr | ₹95 Cr | ₹65 Cr | ₹68 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 7% to 11,618.
- Promoters
- 72.1%
- DIIs
- 0.1%
- Public
- 27.8%
Since Jun 2025
- Promoters 0.00 pp
- DIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Dec '23: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Mar '24: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Jun '24: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Sep '24: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Dec '24: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Mar '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Jun '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Sep '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Dec '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Mar '26: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Jun '26: Promoters 72.1%, DIIs 0.1%, Public 27.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Delta Manufacturing Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Aditi Mody Family Private Limited | 18.31% | unchanged |
| Aarti Pandit Family Private Limited | 18.31% | unchanged |
| Anjali Mody Family Private Limited | 18.30% | unchanged |
| Ssi Trading Private Limited | 14.88% | unchanged |
| Miranda Tools Private Limited | 1.34% | unchanged |
| Kalpana Singhania | 0.36% | unchanged |
| Urvi Piramal A | 0.34% | unchanged |
| Ram Hemant Shroff | 0.16% | unchanged |
| Gopika Singhania | 0.04% | unchanged |
| Ambika Suneet Kothari | 0.04% | unchanged |
| Highland Resorts Llp | 0.02% | unchanged |
| Zia Jaydev Mody | 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Delta Manufacturing Limited
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