Delton Cables Ltd

📈 Delton Cables Reports Strong Growth & Operational Improvements in Q2 FY26

- Order book as of September 30, 2025: ₹4250 million (91% from EPC & telecom segments)

- Q2 FY26 revenue growth: 38% YoY to ₹2413 million

- H1 FY26 revenue growth: 24.9% to ₹3976.7 million

- Q2 FY26 EBITDA growth: 79.5% YoY to ₹187 million

- H1 FY26 EBITDA: ₹324.3 million (up 59.3% YoY)

- Q2 FY26 PBT (before exceptional items): ₹79.2 million (up 156.65% YoY)

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

- Cash conversion cycle improved to 87 days in FY25 from 214 days in FY22

- Manufacturing capacity: 1500 CR

- 75-year legacy in low-voltage cables

- Strong customer base includes TATA and Shapoorji Pallonji

- Strategic shift toward high-growth sectors, reducing reliance on lower-margin railway segments