Delta Manufacturing Limited manufactures and sells hard ferrite magnets in India and internationally. It operates through Hard Ferrites, Soft Ferrites, and Textiles segments. The company provides 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 offers 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 transfer labels, and elastic/woven and non-elastic tapes. 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.
Metrics to compare | DLTA | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipDLTAPeersSector | |
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P/E Ratio | −9.2x | 38.3x | 11.9x | |
PEG Ratio | −0.57 | 0.17 | 0.03 | |
Price/Book | 3.7x | 3.1x | 1.4x | |
Price / LTM Sales | 1.2x | 2.6x | 1.2x | |
Upside (Analyst Target) | - | 20.8% | 19.5% | |
Fair Value Upside | Unlock | −11.3% | 5.1% | Unlock |