Delton Cables Ltd

Delton Cables Ltd (504240)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-17.59 %
3 Month Return-22.15 %
1 Year Return-4.5 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 12
Rank 13
Rank 14
Dividend Yield
Rank 8
Rank 18
Price To Book Ratio
Rank 10
Debt To Asset
Rank 14

Company Information

Incorporated in Sept.64 as a private limited company under the name Delton Cable Industries Pvt. Ltd. was converted into a public limited company in Jun81 and the name was changed to Delton Cables Ltd. It was promoted by R.K. Gupta. Manufacture of wires and cables power cables radio high frequency cables and PVC compound.In 198182 the Company completed modernisation programme at its Faridabad factory at a cost of Rs.74 lakhs. ICICI sanctioned a term loan of Rs.35 lakhs for this programme and the balance was met from internal resources. Early in 198384 manufature of jelly filled cables was taken up in the dxisting plant by the addition of some balancing equipment.During 198889 the Company implemented a project to manufacture jelly filled cables at Dharuhera with an installed capacity of 500 million core metres per annum at a cost of Rs.22 crores. manufacture of jelly filled cables in the new unit commenced during 198990.During 198788 the Company was granted an industrial licence for the manufacture of 50000 lines of Electronic Private Automatic Branch Exchanges EPANX and allied equipments per annum in the state of Haryana. The project was undertaken in a joint venture Company Delta Systems Pvt. Ltd. co promoted by the Company along with ATEA Belgium and Siemens Ltd. The estimated cost of the project was Rs.16.5 crores of which a sum of Rs.4 crores was to be raised by way of equity capital. The Company ATEA and Siemens Ltd. were to participate to the extent of 25 15 and 49 respectively in the equity capital of the joint venture. The balance 11 was to be raised from other associates.The company had developed Switchboard Cables and Polythene Insulated Jelly Filled Cables during 20002001.
OrganisationDelton Cables Ltd
HeadquartersNew Delhi