Delton Cables FY26 net profit rises 28% to ₹1,472 lakh

2 min read     Updated on 28 May 2026, 12:15 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
41460316

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 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?

Delton Cables Board Meeting on May 27, 2026 to Approve FY26 Results and Final Dividend

1 min read     Updated on 19 May 2026, 04:03 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Delton Cables has intimated BSE of a Board of Directors meeting on May 27, 2026, to consider annual audited financial results for the quarter and financial year ended March 31, 2026, along with a recommendation for a final dividend subject to shareholder approval. The trading window for the company's securities will remain closed until 48 hours after the declaration of results, as per SEBI insider trading regulations.

powered bylight_fuzz_icon
40732004

*this image is generated using AI for illustrative purposes only.

Delton Cables has notified BSE of an upcoming Board of Directors meeting, intimated on May 19, 2026, pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled for Wednesday, May 27, 2026, at the company's registered office in Faridabad, Haryana.

Key Agenda Items

The board meeting has been convened to consider and approve several significant matters. The following agenda items have been disclosed in the intimation:

Agenda Item: Details
Financial Results: Annual Audited Financial Results for the quarter and Financial Year ended March 31, 2026, along with Auditor's Report
Dividend Recommendation: Final Dividend for the Financial Year ended March 31, 2026, subject to shareholder approval at the ensuing AGM
Other Business: Any other matter with the permission of the Chair

Trading Window Closure

In line with the company's earlier intimation dated March 25, 2026, under SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of Delton Cables will remain closed until 48 hours after the declaration of the financial results. This closure is in accordance with regulatory requirements to prevent insider trading during the period when material financial information is being processed and disclosed.

About the Intimation

The intimation was signed by Jitender Kumar, Company Secretary & General Counsel of Delton Cables, and submitted to BSE Limited on May 19, 2026. The company, headquartered at 17/4, Mathura Road, Faridabad-121002, Haryana, holds certifications under ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007. The board's decision on the final dividend, if recommended, will be subject to approval by shareholders at the Annual General Meeting.

Historical Stock Returns for Delton Cables

1 Day5 Days1 Month6 Months1 Year5 Years
+8.12%+13.57%+8.92%-29.55%-32.26%+940.75%

How might Delton Cables' dividend payout ratio for FY2026 compare to previous years, and what does it signal about the company's future capital allocation strategy?

Given the trading window closure, how could the announcement of FY2026 financial results impact Delton Cables' stock price and investor sentiment in the cable manufacturing sector?

What are the growth prospects for Delton Cables in light of India's expanding infrastructure and power sector investments, and how might FY2026 results reflect this opportunity?

More News on Delton Cables

1 Year Returns:-32.26%