Delta Manufacturing Limited
Delta Manufacturing Limited manufactures and sells hard ferrites, soft ferrites, textile woven labels, heat transfer labels, fabric printed labels, and elastic/woven tape in India and internationally. The company operates through Hard Ferrites and Textiles segments. It provides sector magnets for use in automotive magnetos and alternators; motor magnets for starter motors of automotive and motorc… Read more
Delta Manufacturing Limited (DELTAMAGNT) - Net Assets
Latest net assets as of September 2025: ₹99.17 Million INR
Based on the latest financial reports, Delta Manufacturing Limited (DELTAMAGNT) has net assets worth ₹99.17 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹653.37 Million) and total liabilities (₹554.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹99.17 Million |
| % of Total Assets | 15.18% |
| Annual Growth Rate | 2.89% |
| 5-Year Change | -60.31% |
| 10-Year Change | -46.52% |
| Growth Volatility | 46.24 |
Delta Manufacturing Limited - Net Assets Trend (2008–2025)
This chart illustrates how Delta Manufacturing Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Delta Manufacturing Limited (2008–2025)
The table below shows the annual net assets of Delta Manufacturing Limited from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹146.02 Million | -45.64% |
| 2024-03-31 | ₹268.61 Million | -28.44% |
| 2023-03-31 | ₹375.38 Million | -32.02% |
| 2022-03-31 | ₹552.18 Million | +50.09% |
| 2021-03-31 | ₹367.89 Million | -13.93% |
| 2020-03-31 | ₹427.44 Million | +109.78% |
| 2019-03-31 | ₹203.76 Million | -18.01% |
| 2018-03-31 | ₹248.51 Million | +4.80% |
| 2017-03-31 | ₹237.13 Million | -13.15% |
| 2016-03-31 | ₹273.02 Million | -19.62% |
| 2015-03-31 | ₹339.65 Million | +9.64% |
| 2014-03-31 | ₹309.78 Million | +5.85% |
| 2013-03-31 | ₹292.65 Million | +7.67% |
| 2012-03-31 | ₹271.80 Million | +12.26% |
| 2011-03-31 | ₹242.10 Million | +14.33% |
| 2010-03-31 | ₹211.76 Million | +0.33% |
| 2009-03-31 | ₹211.06 Million | +134.54% |
| 2008-03-31 | ₹89.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Delta Manufacturing Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 31784004000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹108.51 Million | 74.31% |
| Other Comprehensive Income | ₹286.87 Million | 196.47% |
| Other Components | ₹107.13 Million | 73.37% |
| Total Equity | ₹146.02 Million | 100.00% |
Delta Manufacturing Limited Competitors by Market Cap
The table below lists competitors of Delta Manufacturing Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tungray Technologies Inc Class A Ordinary Shares
NASDAQ:TRSG
|
$1.76 Million |
|
Realstone (RSF)
SW:RSPF
|
$1.76 Million |
|
M N C Wireless Bhd
KLSE:0103
|
$1.76 Million |
|
Global Clean Energy Holdings
OTCQB:GCEH
|
$1.76 Million |
|
Sik Cheong Berhad
KLSE:0316
|
$1.75 Million |
|
SRQ Resources Inc.
PINK:SRQRF
|
$1.75 Million |
|
Antares Metals Ltd
AU:AM5
|
$1.75 Million |
|
Holmes Place International Ltd
TA:HLMS
|
$1.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delta Manufacturing Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 268,613,000 to 146,016,000, a change of -122,597,000 (-45.6%).
- Net loss of 120,894,000 reduced equity.
- Dividend payments of 459,000 reduced retained earnings.
- Other comprehensive income increased equity by 94,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-120.89 Million | -82.8% |
| Dividends Paid | ₹459.00K | -0.31% |
| Other Comprehensive Income | ₹94.00K | +0.06% |
| Other Changes | ₹-1.34 Million | -0.92% |
| Total Change | ₹- | -45.64% |
Book Value vs Market Value Analysis
This analysis compares Delta Manufacturing Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.97x to 4.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹18.51 | ₹55.00 | x |
| 2009-03-31 | ₹43.42 | ₹55.00 | x |
| 2010-03-31 | ₹43.56 | ₹55.00 | x |
| 2011-03-31 | ₹49.81 | ₹55.00 | x |
| 2012-03-31 | ₹55.92 | ₹55.00 | x |
| 2013-03-31 | ₹51.18 | ₹55.00 | x |
| 2014-03-31 | ₹51.00 | ₹55.00 | x |
| 2015-03-31 | ₹52.50 | ₹55.00 | x |
| 2016-03-31 | ₹42.19 | ₹55.00 | x |
| 2017-03-31 | ₹36.64 | ₹55.00 | x |
| 2018-03-31 | ₹38.40 | ₹55.00 | x |
| 2019-03-31 | ₹23.53 | ₹55.00 | x |
| 2020-03-31 | ₹39.39 | ₹55.00 | x |
| 2021-03-31 | ₹33.90 | ₹55.00 | x |
| 2022-03-31 | ₹50.89 | ₹55.00 | x |
| 2023-03-31 | ₹34.59 | ₹55.00 | x |
| 2024-03-31 | ₹24.75 | ₹55.00 | x |
| 2025-03-31 | ₹13.46 | ₹55.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delta Manufacturing Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -82.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.82%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 4.63x
- Recent ROE (-82.80%) is below the historical average (-12.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 1.83% | 2.16% | 0.71x | 1.19x | ₹-7.36 Million |
| 2009 | -6.00% | -16.98% | 0.32x | 1.09x | ₹-33.76 Million |
| 2010 | 0.62% | 1.41% | 0.40x | 1.09x | ₹-19.87 Million |
| 2011 | 12.79% | 8.52% | 0.74x | 2.02x | ₹6.75 Million |
| 2012 | 11.98% | 7.33% | 0.88x | 1.85x | ₹5.37 Million |
| 2013 | -4.32% | -2.92% | 0.83x | 1.79x | ₹-41.92 Million |
| 2014 | 7.49% | 4.59% | 0.88x | 1.86x | ₹-7.78 Million |
| 2015 | 3.61% | 2.18% | 0.74x | 2.24x | ₹-21.71 Million |
| 2016 | -24.97% | -12.33% | 0.70x | 2.88x | ₹-95.48 Million |
| 2017 | -14.73% | -5.79% | 0.73x | 3.49x | ₹-58.64 Million |
| 2018 | -13.11% | -4.52% | 0.78x | 3.72x | ₹-57.43 Million |
| 2019 | -21.29% | -5.48% | 0.80x | 4.88x | ₹-63.77 Million |
| 2020 | -28.79% | -9.92% | 0.91x | 3.20x | ₹-165.82 Million |
| 2021 | -18.25% | -9.52% | 0.52x | 3.71x | ₹-103.94 Million |
| 2022 | 34.90% | 21.91% | 0.68x | 2.35x | ₹137.52 Million |
| 2023 | -44.59% | -21.02% | 0.76x | 2.81x | ₹-204.92 Million |
| 2024 | -38.67% | -15.42% | 0.71x | 3.54x | ₹-130.74 Million |
| 2025 | -82.80% | -19.82% | 0.90x | 4.63x | ₹-135.50 Million |
Industry Comparison
This section compares Delta Manufacturing Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-15,328,366,560
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delta Manufacturing Limited (DELTAMAGNT) | ₹99.17 Million | 1.83% | 5.59x | $1.76 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $18.42 Million |
| Akshar Spintex Limited (AKSHAR) | $362.57 Million | 3.43% | 1.02x | $3.77 Million |
| Alok Industries Limited (ALOKINDS) | $-206.30 Billion | 0.00% | 0.00x | $179.15 Million |
| Alps Industries Limited (ALPSINDUS) | $2.04 Billion | 0.00% | 5.49x | $155.37K |
| Ambika Cotton Mills Limited (AMBIKCO) | $5.65 Billion | 12.02% | 0.11x | $40.48 Million |
| Arvind Limited (ARVIND) | $34.04 Billion | 11.88% | 1.03x | $623.55 Million |
| Axita Cotton Limited (AXITA) | $362.65 Million | 42.51% | 2.00x | $21.73 Million |
| AYM Syntex Limited (AYMSYNTEX) | $789.26 Million | 14.66% | 2.84x | $26.36 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.69 Billion | 3.12% | 2.99x | $11.94 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.51 Billion | -4.87% | 1.72x | $6.49 Million |