BSEDelton Cables LtdHighNeutral
Announced Wed, 27 May · 19:36 IST

Results for the quarter and Financial Year ended March 31, 2026 along with the recommendation of the Final Dividend

Revenue Growth 20pctPat NegativeEmphasis Of MatterRelated Party TransactionsNegative Operating CashflowResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-16.1%1-day move
₹489.00
prior close
₹438.00
base price
After-mkt
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AI summary

Delton Cables reported revenue from operations of Rs 98,638 lakhs for FY26, up 39% from Rs 70,926 lakhs in FY25, driven by higher sales in the cables business. However, net profit declined 28% to Rs 1,472 lakhs from Rs 2,051 lakhs due to rising raw material costs, finance costs (up 51% to Rs 3,955 lakhs), and lower exceptional items. EPS dropped to Rs 17.04 from Rs 23.74. A major revaluation of freehold land under Ind-AS 16 inflated Other Comprehensive Income by Rs 23,993 lakhs, resulting in Total Comprehensive Income of Rs 22,348 lakhs. Operating cash flow remained negative at Rs 868 lakhs. The Board recommended a final dividend of Rs 2 per share (20%). The auditor issued an unmodified opinion with an Emphasis of Matter regarding an unregistered charge with ROC.

Likely market impact

While revenue grew strongly, the sharp PAT decline and negative operating cash flows signal margin pressure despite top-line growth. The land revaluation inflated book value and total comprehensive income but does not affect actual cash flows. Shareholders may see limited near-term price support from fundamentals.