Delta Industrial Resources Limited (DELTA.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-99.8%

₹0.02

vs ₹9.98 price

Levered DCF

₹0.02

After debt service

Piotroski score

—

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-170.1×	-34.1×	-894×	80.83×	-53.89×	-22×	-155×	-22.12×
P/B	1.38×	1.2×	2.97×	2.11×	1.09×	0.52×	0.33×	0.62×
P/S	0×	0×	0×	0×	3.27×	0.97×	2.6×	0.52×
EV / EBITDA	-325.33×	-33.89×	-2,232.22×	55.91×	-166.24×	-24.62×	-209.04×	-21.26×
Gross margin	0.0%	0.0%	0.0%	0.0%	1.1%	1.0%	0.5%	0.7%
Operating margin	0.0%	0.0%	0.0%	0.0%	-9.6%	-18.8%	-52.2%	-3.1%
Net margin	0.0%	0.0%	0.0%	0.0%	-6.1%	-4.4%	-1.7%	-2.3%
Current ratio	21.34×	33.79×	46.4×	38.64×	50.2×	0.49×	3.66×	487.85×
Debt / equity	0×	0×	0.16×	0×	0×	0×	0×	0×
Interest coverage	-7.83×	0×	-5.63×	11.95×	-2.33×	-16.29×	-158.76×	-3,068.85×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-0.8%	-3.5%	-0.3%	2.6%	-2.0%	-2.4%	-0.2%	-2.8%
Return on invested capital	-3.0%	-2.9%	-0.9%	2.5%	-3.2%	-10.2%	-6.7%	-3.7%
Return on assets	-0.8%	-2.9%	-0.3%	2.6%	-2.0%	-1.7%	-0.2%	-2.8%
Free cash flow yield	0.0%	12.8%	-0.5%	-18.2%	-32.0%	16.2%	86.0%	-33.0%
Earnings yield	-0.6%	-2.9%	-0.1%	1.2%	-1.9%	-4.5%	-0.6%	-4.5%
Enterprise value	₹65.1M	₹56.4M	₹149.6M	₹103.9M	₹52.2M	₹21.2M	₹16.5M	₹29.7M
Net debt / EBITDA	0.62×	0.31×	-57.27×	-0.04×	0.91×	5.19×	1.24×	1.09×
Cash conversion cycle (days)	0	0	0	0	97	-69	3,755	38