DELTA MAGNETS LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 112.06
Dividend & YieldN/A₹ (N/A)
Beta 0.47
Market capitalization 890.13M
Operating cash flow N/A
ESG Scores unknown

Company description

Delta Manufacturing Limited, together with its subsidiaries, manufactures and sells hard ferrite magnets in India and internationally. The company offers sector magnets for use in automotive magneto's and alternators; motor magnets for starter motors of automotive and motor cycles; ferrofluid-liquid magnets for applications in loudspeakers, electronic devices, mechanical engineering, aerospace, analytical instrumentation, biomedical, heat transfer-cooling, and display and education kits; and ring magnets for loud speakers/lifting devices, etc. It also provides isotropic magnets for toys games and micro motors; low energy embedding powder magnets for use in bonded applications; and rare earth magnets that are used in electric vehicle drive motors, solar pumps, and drone motors. In addition, the company manufactures soft ferrites; and textile woven labels, fabric printed labels, and elastic/woven tapes. Further, it processes metal powders and specialized lubricants. The company was formerly known as Delta Magnets Limited and changed its name to Delta Manufacturing Limited in October 2008. The company was incorporated in 1982 and is based in Mumbai, India.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio0.54
Working Capital0.37
Return On Equity-0.18
Debt To Equity0.2
Fixed Asset Ratio0
Fixed Interest Cover-0.43

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 717.12k 30.62M 25.7M 14.73M
Total Cashflows From Investing Activities -16.95M -134.84M 6.57M -4.73M
Net Borrowings 81.65M 96.73M 51.45M 18.05M
Total Cash From Financing Activities 43.03M 63.48M -25.83M -20.73M
Change To Operating Activities -21.6M -6.98M -23.66M -1.02M
Issuance Of Stock
Net Income -32.58M -33.33M -123.07M -67.15M
Change In Cash 12.6M 10.69M -19.6M 9.1M
Effect Of Exchange Rate
Total Cash From Operating Activities -13.48M 17.89M -333.94k 34.56M
Depreciation 21.95M 38.35M 65.53M 56.9M
Change To Account Receivables -39.09M -47.53M 6.42M -21.59M
Other Cashflows From Financing Activities -38.62M -32.67M -77.26M -38.77M
Change To Netincome 56.44M 42.97M 77.16M 62.51M
Capital Expenditures -30.64M -71.6M -35.94M -26.96M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax -27.63M -36.06M -120.23M -94.07M
Net Income -32.58M -33.33M -123.07M -67.15M
Selling General Administrative 186.75M 273.29M 352.68M 301.56M
Gross Profit 441.59M 611.72M 673.81M 578.21M
Ebit 13.97M 11.18M -62.74M -27.63M
Operating Income 13.97M 11.18M -62.74M -27.63M
Interest Expense -45.99M -43.54M -57.06M -64.05M
Income Tax Expense 4.95M -2.74M 2.84M -26.93M
Total Revenue 716.53M 1.01B 1.24B 1.04B
Cost Of Revenue 274.95M 395.36M 566.41M 461.42M
Total Other Income ExpenseNet -41.6M -47.24M -57.49M -66.44M
Net Income From Continuing Ops -32.58M -33.33M -123.07M -67.15M
Net Income Applicable To Common Shares -32.58M -33.33M -123.07M -67.15M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 674.88M 863.7M 942.42M 997.67M
Total Stockholder Equity 248.51M 540.87M 427.44M 367.89M
Other Current Liabilities 12.73M 15.39M 7.32M 10.63M
Total Assets 923.39M 1.4B 1.37B 1.37B
Common Stock 64.71M 108.51M 108.51M 108.51M
Other Current Assets 87.96M 74.75M 84.82M 83.37M
Retained Earnings 4.53M 46.55M -77.69M -144.88M
Treasury Stock 72.24M 278.68M 289.5M 297.13M
Cash 34.37M 45.06M 25.47M 34.57M
Total Current Liabilities 489.52M 693.93M 791.88M 899.64M
Other Stockholder Equity 72.24M 278.68M 289.5M 297.13M
Property, Plant, and Equipment 422.57M 602.26M 597.38M 559.1M
Total Current Assets 452.65M 741.03M 709.64M 717.77M
Net Tangible Assets 213.46M 499.4M 387.92M 329.27M
Net Receivables 197.01M 346.2M 335.27M 346.75M
Accounts Payable 104.43M 151.71M 179.02M 194.39M


Insider Transactions

Here are the insider transactions of stock shares related to DELTA MAGNETS LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Shroff (Ram H.)Acquisition at price 0.43 per share.D2021-02-26UNREPORTED8.25k
Shroff (Ram H.)Acquisition at price 0.42 per share.D2021-02-24UNREPORTED10
Shroff (Ram H.)Acquisition at price 0.43 per share.D2021-02-18UNREPORTED6.3k
Shroff (Ram H.)Acquisition at price 0.43 per share.D2021-02-18UNREPORTED7.19k
Shroff (Ram H.)Acquisition at price 0.40 per share.D2021-02-15UNREPORTED16.96k
Singhania (Kalpana)D2014-09-18UNREPORTED5k
Piramal (Urvi A)D2014-08-27Director (Non-Executive)5k
Chinai (Samir M)D2014-08-04UNREPORTED450
SSI Trading Pvt. Ltd.D2014-04-02Promoter402.35k
SSI Trading Pvt. Ltd.D2012-07-23Promoter1.21M
Highland Resorts Pvt LtdD2010-10-04Institution- Corporation1.01M
Highland Resorts Pvt LtdD2010-06-22Institution- Corporation1.01M
Anjoss Trading Company Pvt LtdD2010-06-22Institution- Corporation1.01M
Aarti Management Consultancy Pvt LtdD2010-06-22Institution- Corporation1.01M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to DELTA MAGNETS LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on DELTA MAGNETS LTD

Here is the result of two systematic investment strategies applied to DELTA MAGNETS LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on DELTA MAGNETS LTD

The following chart shows the equity curve of the two systematic investment strategies applied to DELTA MAGNETS LTD:

DELTA MAGNETS LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 126.09% on the backtest period.

Performance at glance

Performance

126.09 %

Latent gain

2940.75 ₹

Invested capital

2332.35 ₹

Annualized return

29.05 %
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Momentum strategy results on DELTA MAGNETS LTD

This is the result of two momentum investment strategies applied to DELTA MAGNETS LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on DELTA MAGNETS LTD

The following chart shows all the entries opened by the momentum investment system on DELTA MAGNETS LTD:

DELTA MAGNETS LTD momentum entries
  • The first momentum investment strategy would give 122.79% of return on DELTA MAGNETS LTD. That represents 7288.6₹ of latent gain with 5936.0₹ of employed capital.
  • The second momentum investment strategy would give 93.17% of return on DELTA MAGNETS LTD. That represents 3996.7₹ of latent gain with 4289.6₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

122.79 %

Latent gain

7288.6 ₹

Invested capital

5936.0 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

93.17 %

Latent gain

3996.7 ₹

Invested capital

4289.6 ₹

Annualized return

24.14 %

Momentum equity curve on DELTA MAGNETS LTD

The following chart shows the equity curve of the two momentum strategies applied to DELTA MAGNETS LTD:

DELTA MAGNETS LTD momentum equity

Note: the dividends potentially given by DELTA MAGNETS LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DELTA MAGNETS LTD

The following chart shows the employed capital evolution of the two momentum strategies on DELTA MAGNETS LTD since the beginning:

DELTA MAGNETS LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on DELTA MAGNETS LTD

Buy the dip entry openings on DELTA MAGNETS LTD

DELTA MAGNETS LTD

The performance achieved by the robo-advisor on DELTA MAGNETS LTD is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows DELTA MAGNETS LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of DELTA MAGNETS LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to DELTA MAGNETS LTD

The following chart shows the result of the investment strategy applied to DELTA MAGNETS LTD:

DELTA MAGNETS LTD

Note: the dividends potentially given by DELTA MAGNETS LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DELTA MAGNETS LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on DELTA MAGNETS LTD:

DELTA MAGNETS LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on DELTA MAGNETS LTD

In this section, I will compare the three previous investment strategies applied to DELTA MAGNETS LTD.

Equity curve comparison on DELTA MAGNETS LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

DELTA MAGNETS LTD investment strategy comparison

Employed capital comparison on DELTA MAGNETS LTD

DELTA MAGNETS LTD investment comparison

Performance comparison on DELTA MAGNETS LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 126.09% 2940.75₹ 2332.35₹ 29.05%
Momentum 1 quarter 122.79% 7288.6₹ 5936.0₹ 29.95%
Momentum 2 quarters 93.17% 3996.7₹ 4289.6₹ 24.14%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

29.05 %

Momentum 1Q

24.14 %

Momentum 2Q

24.14 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with DELTA MAGNETS LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between DELTA MAGNETS LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of DELTA MAGNETS LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name DELTA MAGNETS LTD
Country India
City Mumbai
Address Bayside Mall
Phone 91 22 4079 4700
Website www.deltamagnetsgroup.com
FullTime employees 418
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XNSE
Ticker DELTAMAGNT.XNSE
Market

DELTA MAGNETS LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown