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Delta Magnets Limited

DELTAMAGNT | NSE

98.29

INR

-2.98

-2.94%

DELTAMAGNT | NSE

About Delta Magnets Limited

Sector

Industrials

Industry

Specialty Industrial Machinery

Earnings date

31/03/2024

As of date

18/10/2024

Close

98.29

Open

102.80

High

102.80

Low

97.00

Delta Manufacturing Limited together with its subsidiaries manufactures and sells hard ferrite magnets in India and internationally. It operates through Hard Ferrites Soft Ferrites and Textiles segments. The company offers sector magnets for use in automotive magnetos and alternators; motor magnets for starter motors of automotive and motorcycles; 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 loudspeakers/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 heat transfers and elastic/non-elastic 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.

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DELTAMAGNT | NSE

Risk
62.5
Sharpe
0.12
Luna's Score
39/100
Recommendation
Sell

Luna says (DELTAMAGNT | NSE)

What's Working

Low Market Beta (-0.4 to 0.8)

What's not Working

High Short-term Volatility

Microcap (<300M USD)

High Debt to Equity (> 0.75)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

85.7%

1 month

62.5%

3 months

53.9%

6 months

44.9%

Returns

Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

4.09

Debt to equity

1.48

Debt to assets

0.42

Ent. to EBITDA

-11.52

Ent. to rev.

1.73

PEG

-

Other Fundamentals

EBITDA

-16.15M

MarketCap

1.10B

MarketCap(USD)

13.19M

Div. yield

-

Op. margin

-9.11

Erngs. growth

-

Rev. growth

-2.70

Ret. on equity

-32.21

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

25.59

Range1M

25.59

Range3M

35.68

Volumes: Market Activity

Rel. volume

0.60

Price X volume

2.71M

Peers

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-11.5239.27Cheaper
Ent. to Revenue1.7312.59Cheaper
PE Ratio-62.57-
Price to Book4.0911.06Cheaper
Dividend Yield-0.48-
Std. Deviation (3M)53.9348.16Par
Debt to Equity1.48-1.03Expensive
Debt to Assets0.420.17Expensive
Market Cap1.10B218.80BEmerging
  • 1

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