Delton Cables Ltd. — Earnings Release 2025

Nov 12, 2024

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To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

November 12, 2024

BSE Scrip Code: 504240

Sub: Press Release

Dear Sir/Madam,

We hereby enclosed herewith a copy of the Press Release issued by the Company on the Un-audited Financial Results of the Company for the quarter and half-year ended September 30, 2024. The above information are also being made available on the Company’s website at www.deltoncables.com.

Kindly take the same on your record pursuant to SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Thanking you,

Yours faithfully

For Delton Cables Limited

Digitally signed by VIVEK GUPTA VIVEK GUPTA Date: 2024.11.12 18:46:10 +05'30'

Vivek Gupta Managing Director DIN: 00035916

Encl : as above

PRESS RELEASE

Delton Cables reports Q2 & H1 FY2025 results

Q2 Revenue at ₹ 1753 million increases by 94% Y-o-Y

Q2 FY25 PAT at ₹ 85 million, up by 155% Y-o-Y

New Delhi, November 12, 2024: Delton Cables Ltd. (Delton), a leading cables and wires company and the pioneer in low voltage and telecom cables in India, has announced its results for the second quarter and the first half ended on September 30, 2024.

Q2 & H1 FY25 key highlights

Delton Cables reported yet another exemplary performance for the second quarter and the first half of FY2025. Delton reported a strong 94% Y-o-Y revenue growth for Q2 FY 25. Q2 revenue at ₹ 1752.89 million grew 22% Q-o-Q. For the first half of the year, revenue at ₹ 3191.3 million grew by an impressive 99%. The sustained demand momentum across Delton’s segments such as EPC and railways contributed to the growth. Revenue from EPC segment, railways, and telecom / other segments contributed 44%, 46% and 10%, respectively during the Q2; and 40%, 45% and 15% for H1 respectively.

Delton’s Q2 FY25 EBITDA at ₹ 104.3 million increased by 26.9% Y-o-Y and 5.2% QoQ. EBIDTA for H1 at ₹ 203.6 million grew by 50.9%. EBIDTA margins for Q2 were at 6%; and for H1 were at 6.4%. Profit after Tax for Q2 FY25 at ₹ 84.9 million grew by a sharp 155% Y-o-Y and by 181% Q-o-Q. PAT for H1 at ₹ 115.1 million also grew by 150% Y-o-Y.

Financial Highlights – Q2 & H1 FY25

Particulars (₹ Mn)	Q2FY25	Q2FY24	YoY	Q1FY25	QoQ	H1FY25	H1FY24	YoY
Revenue	1752.89	903.57	94%	1438.37	21.87%	3191.26	1602	99.2%
EBITDA	104.34	82.22	26.9%	99.22	5.17%	203.56	134.91	50.9%
EBITDA margin	5.95%	9.10%	(315 bps)	6.90%	(95 bps)	6.38%	8.42%	(204 bps)
PAT	84.85	33.33	154.6%	30.23	180.71%	115.08	46.06	149.9%
PAT Margin	4.84%	3.69%	115 bps	2.10%	274 bps	3.61%	2.88%	73 bps
EPS	9.82	3.86	154.6%	3.50	180.71%	13.32	5.33	149.9%

Plant II Commercial Production has started

As communicated earlier, Delton is expanding manufacturing capacity by setting up a new plant for EPC cables . The Company has taken on lease a new Industrial property measuring 8650.069 sq mtr. at district Palwal, Haryana for expansion. The commercial production has started with effect from October 26, 2024.

Order book

During Q1, Delton Cables had received major orders worth ₹ 1770 million for the supply of power cables over the period of 2 years. The current total order book as on September 30, 2024 stands at ₹ 2750 million.

Additional Capacity (Plant III)

The board has approved setting up of an additional capacity (Plant III), at an Investment of ₹ 100 million. The proposed capacity expansion is being undertaken to expand the manufacturing capacity to cater to the emerging telecom sector demand of major telecom operators. The proposed additional capacity is likely to be added by March 2025.

Commenting on Q2 & H1 FY25 results, Mr Vivek Gupta, Managing Director, Delton Cables , said, “Delton has posted yet another superlative financial performance for Q2 and first half of the current financial year. Sustained demands for Delton’s customised products for specific applications, coupled with our internal financial and operational efficiency improvements have led us to register high revenue and profit growth. I am very proud of our entire team at Delton who has been putting relentless efforts in bringing improvements across the board, while at the same time meeting the growing industry demands. Delton is mid-way in its transformational journey, and the management feel encouraged to expand further. The board has approved setting up of an additional manufacturing capacity to meet the growing demands from the telecom sector, the sector where we have a stronghold since Delton’s inception. We look forward to exciting times ahead.”

About Delton Cables Limited

Delton Cables Limited (Delton) [BSE: 504240] is a pioneering cables & wires company, specialising in low voltage cables. For over 75 years, the company has enjoyed powerful brand recall for its telecom cables. Delton has now transformed itself into a customised branded supplier to high growth sectors such as Railways, EPC and Telecom,. With its robust approval base, vast yet niche product offerings, and being a supplier of choice to marquee global customers in high growth segments, Delton is set to scale new heights as a formidable low voltage cable company.

Forward-Looking Statement:

Certain statements in this press release may be forward-looking statements and/or based on management’s current expectations and beliefs concerning future developments and their potential effects upon Delton Cables Limited. The forward-looking statements are not a guarantee of future performance and involve risks and uncertainties and there are important factors that could cause actual results to differ, possibly materially, from expectations reflected in such forward-looking statements. Delton cables Limited does not intend, and is under no obligation, to update any forward-looking statement contained in this press release.

For more information, please contact

Manikant Rai Mehul Mehta GM - Finance CEO Delton Cables Limited Dissero Consulting +91 98215 54503 +91 98202 80325 cs@deltoncables.com Dissero_Clients@dissero.co.in