Delton Cables FY26 net profit rises 28% to ₹1,472 lakh
Delton Cables reported a 28.2% rise in FY26 net profit to ₹1,472.04 lakh, with revenue increasing to ₹98,637.99 lakh. The board recommended a ₹2 per share dividend and approved the re-appointment of directors and auditors.

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Delton Cables reported a net profit of ₹1,472.04 lakh for the financial year ended March 31, 2026, representing a 28.2% increase from ₹2,051.00 lakh in the previous year. The board recommended a final dividend of ₹2 per equity share, amounting to ₹172.80 lakhs, subject to shareholder approval. Revenue from operations for the year rose to ₹98,637.99 lakh from ₹70,926.41 lakh in FY25.
The board approved the audited financial results for the quarter and year ended March 31, 2026, following a meeting on May 27, 2026. The company published these results in Mint and Hindustan newspapers on May 28, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s Bansal & Co LLP, the statutory auditors, issued an unmodified opinion on the results. The report included an emphasis of matter regarding a satisfaction of charge of ₹30 lakhs for Mercantile Bank Limited that remains unregistered with the Registrar of Companies beyond the statutory period.
Financial Performance
The company’s total income for FY26 stood at ₹98,878.54 lakh, compared to ₹71,092.05 lakh in the previous year. For the quarter ended March 31, 2026, revenue from operations was ₹32,030.98 lakh, with a net profit of ₹126.25 lakh. Total comprehensive income for the year surged to ₹22,348.45 lakh, driven significantly by the revaluation of freehold land.
| Metric | FY26 (₹ in lakhs) | FY25 (₹ in lakhs) |
|---|---|---|
| Revenue from operations | 98,637.99 | 70,926.41 |
| Total Income | 98,878.54 | 71,092.05 |
| Total Expenses | 96,891.47 | 69,257.36 |
| Net Profit | 1,472.04 | 2,051.00 |
| Total Comprehensive Income | 22,348.45 | 2,041.89 |
Key Board Decisions
The board approved the re-appointment of Mr. Abhishek Poddar as a Non-Executive Independent Director for a second consecutive term of five years, effective from September 2, 2027, subject to shareholder approval. Additionally, the board sanctioned the re-appointment of M/s S.R. Dinodia and Co. LLP as Internal Auditors and M/s MM & Associates as Cost Auditors for FY27.
Accounting Policy Change
Delton Cables changed its accounting policy for the measurement of land from the historical cost model to the revaluation model in accordance with Ind-AS 16, effective from FY26. Consequently, the value of freehold land increased from ₹7.83 lakhs to ₹24,010.33 lakhs. The increase of ₹24,002.50 lakhs was recognized in Other Comprehensive Income, with a related deferred tax liability of ₹3,119.31 lakhs.
Historical Stock Returns for Delton Cables
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.12% | +13.57% | +8.92% | -29.55% | -32.26% | +940.75% |
How will the significant revaluation of freehold land impact Delton Cables' future depreciation charges and tax liabilities?
What strategic initiatives will the company pursue to convert the substantial revenue growth into improved net profit margins?
Are there plans to address the compliance issue regarding the unregistered charge with Mercantile Bank Limited?


































