Delton Cables Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The disclosure was made to BSE Limited pursuant to SEBI (LODR) Regulations, 2015.

Financial Performance Highlights

Q4 FY26 Results:

  • Revenue: ₹3,203.1 million, up 58.39% from Q4 FY25 (₹2,022.3 million)
  • EBITDA: ₹153.7 million, down 5.41% from Q4 FY25 (₹162.5 million)
  • EBITDA margin: 4.80%, down 323 basis points from 8.03% in Q4 FY25
  • PBT (before exceptional): ₹17.0 million, down 75.86% from ₹70.5 million in Q4 FY25
  • PBT (after exceptional): ₹14.1 million, down 79.92% from ₹70.2 million in Q4 FY25
  • PAT: ₹12.6 million, down 77.61% from ₹56.4 million in Q4 FY25
  • EPS: ₹1.46 per share, down 77.61% from ₹6.53 in Q4 FY25
  • Adjusted PAT: ₹15.5 million, down 72.55% from ₹56.6 million in Q4 FY25
  • Adjusted EPS: ₹1.80 per share, down 72.55% from ₹6.55 in Q4 FY25

FY26 Full Year Results:

  • Revenue: ₹9,863.8 million, up 39.07% from FY25 (₹7,092.6 million)
  • EBITDA: ₹663.8 million, up 37.14% from FY25 (₹484.0 million)
  • EBITDA margin: 6.73%, down 9 basis points from 6.82% in FY25
  • PBT (before exceptional): ₹198.7 million, up 8.31% from ₹183.5 million in FY25
  • PBT (after exceptional): ₹201.0 million, down 29.77% from ₹286.2 million in FY25
  • PAT: ₹147.2 million, down 28.23% from ₹205.1 million in FY25
  • EPS: ₹17.04 per share, down 28.23% from ₹23.74 in FY25
  • Adjusted PAT: ₹145.4 million, up 21.49% from ₹119.7 million in FY25
  • Adjusted EPS: ₹16.83 per share, up 21.49% from ₹13.86 in FY25

Segment Performance

Revenue contribution by segment for FY26:

  • EPC segment: 52% (grew by 87% during FY26)
  • Railways segment: 28% (de-grew by 21% during FY26)
  • Telecom/other segments: 20%

The management made conscious efforts to reduce contribution from the Railways segment due to its lower margin profile.

Export Performance

Exports increased significantly to ₹146 million in FY26 from ₹7 million in FY25.

Dividend Declaration

The Board of Directors recommended a final dividend of ₹2.00 per equity share (20% on face value of ₹10.00 per equity share) for FY2025-26, aggregating to ₹17.28 million. This is subject to approval of members at the ensuing Annual General Meeting.

Asset Revaluation

Delton Cables revalued its freehold land holdings from ₹0.8 million (historical cost) to ₹2,401.3 million in accordance with revised accounting policy and Ind AS fair-value principles. The revaluation surplus was credited directly to reserves with no P&L impact and no tax outgo.

This revaluation resulted in book value per share increasing from ₹105 in FY25 to ₹397 in FY26.

Order Book Position

The total order book as of March 31, 2026 stands at ₹5,130 million, with approximately 90% comprising orders from the EPC segment.

Management Commentary

Mr. Vivek Gupta, Managing Director, commented that FY26 was challenging due to higher input costs of raw material impacting margins in the last two quarters, and higher finance costs impacting profitability. He expressed optimism for FY2027 with good revenue visibility and easing raw material prices expected to help improve margins.