Delta Autocorp Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹58 Cr
- P/E
- 9.55
- ROE
- 7.96%
- Price to sales
- 0.75
- Debt to equity
- 0.02
- 52W high / low
- ₹62.2 / ₹28.4
- EBITDA margin
- 8.05%
- Net profit margin
- 7.89%
- Promoter holding
- 71.00%
- Sales (last year)
- ₹77 Cr
Incorporated in 2016, Delta Autocorp Ltd is primarily engaged in the business of manufacturing of Electronic vehicles under the brand name DELTIC.[1]
Guidance scorecard · Q4 FY26 call
What Delta Autocorp Ltd's management guided
and where it ranks in Automobiles
Automobiles
RevenueQ4 FY26 call
20–40%- FY27 revenue target: Approximately INR 105 crores, with expected execution of pending government orders (~INR 20 crores).
- FY28 revenue target: INR 150 to 155 crores, driven by new product launches in Q1.
- FY29 revenue target: Around INR 210 crores, indicating faster and steeper growth.
- Unit sales growth: Two-wheeler segment grew by 69% in current year; three-wheeler segment facing temporary decline due to market transition.
- New product focus: Launch of flagship scooter "Reed" and expansion in L5 commercial mobility segment.
- Capex plan: INR 8.5-10 crores dedicated to new product development to support growth.
2 more points from Delta Autocorp Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Delta Autocorp Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Delta Autocorp plans a capex of INR 8.5 crores to INR 10 crores in FY27 focused on new product development, primarily for launching new scooter models.
- This capex aims to support the launch of four RTO scooter models targeted for Q1 of the next financial year.
- COCO branches have been set up with an investment of around INR 9-10 lakh across three outlets, generating INR 1.3 crores revenue last year.
- The company prioritizes capital allocation for product development over buybacks, to maintain agility and competitive edge in the electric mobility industry.
- Strategic investments include strengthening engineering, design capabilities, and dealer ecosystem to build a sustainable growth foundation.
2 more points from Delta Autocorp Ltd's call on capex
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FundraisingQ4 FY26 call
PlannedSee what Delta Autocorp Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Flat- Current expected order book position is approximately INR 18 crores to INR 20 crores.
- About INR 8 crores to INR 10 crores worth of orders are already at L1 status, awaiting work order issuance.
- Another INR 10 crores worth of orders are in the final stages of evaluation and confirmation.
- Two government orders for L3 and L5 vehicles, valued around INR 8-10 crores, have been won (L1) but work orders are pending due to government election-related delays.
2 more points from Delta Autocorp Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Automobiles
on management's own guidance
- Strong growth2
- Strong growth1
- M & MGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Automobiles companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹58,318 Cr | — | |
| 2 | 40%+ | Flat | ₹2,339 Cr | 83.8 | |
| 3 | M & M | 20–40% | Flat | ₹3.63L Cr | 18.9 |
| 4 | 20–40% | Flat | ₹2.00L Cr | 34.4 | |
| 5 | 20–40% | Flat | ₹1.95L Cr | 56.2 | |
| 6 | 20–40% | Flat | ₹17,491 Cr | — |
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Pro shows every company guiding 40%+ revenue growth →Full Automobiles rankingFinancials of Delta Autocorp Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Delta Autocorp Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Delta Autocorp Ltd
Profit & Loss
Annual income statement trend
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| Sales + | 62.83 | 82.63 | 94.47 |
| Expenses + | 53.63 | 71.64 | 84.01 |
| Operating Profit | 9.20 | 10.99 | 10.46 |
| OPM % | 14.64% | 13.30% | 11.07% |
| Other Income + | 0.27 | 0.82 | 2.10 |
| Interest | 0.01 | 0.21 | 0.11 |
| Depreciation | 0.28 | 0.29 | 0.30 |
| Profit before tax | 9.18 | 11.31 | 12.15 |
| Tax % | 25.38% | 25.82% | |
| Net Profit + | 6.84 | 8.40 | 9.34 |
| EPS in Rs | 221.93 | 5.49 | 6.11 |
| Dividend Payout % | 0.00% | 0.00% |
Financials of Delta Autocorp Ltd
Balance Sheet
Capital structure and asset base
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 0.31 | 15.29 | 15.29 |
| Reserves | 17.47 | 57.77 | 61.25 |
| Borrowings + | 3.87 | 3.87 | 3.87 |
| Other Liabilities + | 11.35 | 7.97 | 7.18 |
| Total Liabilities | 33.00 | 84.90 | 87.59 |
| Fixed Assets + | 0.90 | 0.97 | 4.61 |
| CWIP | 1.03 | 2.91 | 0.00 |
| Investments | 0.00 | 0.00 | 0.01 |
| Other Assets + | 31.07 | 81.02 | 82.97 |
| Total Assets | 33.00 | 84.90 | 87.59 |
Financials of Delta Autocorp Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Cash from Operating Activity + | -14.40 | -12.68 |
| Cash from Investing Activity + | 0.46 | -2.07 |
| Cash from Financing Activity + | 14.79 | 46.67 |
| Net Cash Flow | 0.86 | 31.93 |
| Free Cash Flow | -16.33 | -14.62 |
| CFO/OP | -129% | -85% |
Financials of Delta Autocorp Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 16.38 | 73.37 |
| Inventory Days | 138.07 | 108.21 |
| Days Payable | 57.07 | 22.88 |
| Cash Conversion Cycle | 97.39 | 158.71 |
| Working Capital Days | 101.72 | 170.86 |
| ROCE % | 23.37% |
Guidance history
How Delta Autocorp Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 20–40% | Flat | Planned | Planned | Flat |
| Q2 FY26 call → | 20–40% | Flat | Planned | None planned | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Delta Autocorp Ltd's management said in earlier quarters
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