Delton Cables Ltd

šŸ“ˆ Delton Cables Q3 FY26: Revenue Up 42%, Order Book Jumps 60%

• Q3 FY26 revenue: ₹2,684 million, up 42% year-over-year

• 9M FY26 revenue: ₹6,660.7 million, up 31.4%

• Q3 FY26 EBITDA: ₹185.8 million, up 57.5% with 66 bps margin improvement

• 9M FY26 EBITDA: ₹510 million, up 58.6% with 132 bps margin improvement

• Adjusted PAT (excluding exceptional income) for Q3: ₹37.5 million, up 11% YoY

• 9M adjusted PAT: ₹131.2 million, surged 97%

• Order book as of Dec 31, 2025: ₹6,940 million, a 60% increase from Q2

• 93% of order book from EPC segment

• Revenue breakdown for 9M: EPC 51%, railways 32%, telecom/others 17%

• Railways segment intentionally reduced due to lower margins

• Manufacturing capacity: ₹1,500 crore

• Working capital days improved to 109 in FY25 from 218 in FY22

• Cash conversion cycle reduced to 87 days in FY25 from 214 days in FY22

• Focus on low-voltage cables for EPC, railways, and telecom sectors

• Strategic priorities: reducing reliance on public sector clients and optimizing margins