Podcast
Questions and Answers
Which sectors present substantial potential for growth according to the company overview?
Which sectors present substantial potential for growth according to the company overview?
- Real Estate and Manufacturing
- Retail and Hospitality
- EPC, Railway, and Telecom (correct)
- Healthcare and Agriculture
What aspect of the company has contributed to its strong brand recall over 75 years?
What aspect of the company has contributed to its strong brand recall over 75 years?
- Heavy investment in digital marketing
- Long-standing customer relationships (correct)
- Diverse product range and sustainable practices
- Innovative pricing strategies
What type of solutions does the company offer in the context of Structured Cabling?
What type of solutions does the company offer in the context of Structured Cabling?
- Smart Metering solutions (correct)
- Renewable energy solutions
- Telecom and EPC solutions
- High-voltage electric solutions
Which statement best describes the company's market strategy?
Which statement best describes the company's market strategy?
How does the company describe its operational model?
How does the company describe its operational model?
Which of the following cable types are used in railway signaling?
Which of the following cable types are used in railway signaling?
What is the primary focus area of Delton as a cable solutions partner?
What is the primary focus area of Delton as a cable solutions partner?
Which segment is NOT mentioned as one of Delton's served domains?
Which segment is NOT mentioned as one of Delton's served domains?
Which type of cables are specifically mentioned for underground applications?
Which type of cables are specifically mentioned for underground applications?
What is the emphasis of Delton's offered products?
What is the emphasis of Delton's offered products?
Which of these connections is highlighted in Delton's slogan?
Which of these connections is highlighted in Delton's slogan?
Which of the following customers does Delton primarily serve?
Which of the following customers does Delton primarily serve?
In which sector is telecommunications specifically categorized in the content?
In which sector is telecommunications specifically categorized in the content?
What is the company's target working capital cycle range?
What is the company's target working capital cycle range?
How does the company plan to enhance productivity?
How does the company plan to enhance productivity?
What is the maximum cash conversion cycle noted in the data for FY25?
What is the maximum cash conversion cycle noted in the data for FY25?
Which strategy does the company adopt regarding public sector clients?
Which strategy does the company adopt regarding public sector clients?
What percentage does the company aim to maximize asset utilization through?
What percentage does the company aim to maximize asset utilization through?
In terms of the working capital cycle, which metric appears in the data?
In terms of the working capital cycle, which metric appears in the data?
What approach is the company moving away from in its operational strategy?
What approach is the company moving away from in its operational strategy?
What is the cash conversion cycle in days reported for FY22?
What is the cash conversion cycle in days reported for FY22?
What percentage growth did Delton Cables report for its revenue in Q2 FY25 compared to the previous year?
What percentage growth did Delton Cables report for its revenue in Q2 FY25 compared to the previous year?
What is the EBITDA margin for Delton Cables in Q2 FY25?
What is the EBITDA margin for Delton Cables in Q2 FY25?
How much was the increase in PAT for Q2 FY25 compared to the same quarter the previous year?
How much was the increase in PAT for Q2 FY25 compared to the same quarter the previous year?
What is the total value of Delton Cables' current order book as of September 30, 2024?
What is the total value of Delton Cables' current order book as of September 30, 2024?
Which segment contributed 46% to the revenue in Q2 FY25?
Which segment contributed 46% to the revenue in Q2 FY25?
What was the investment approved by the board for setting up an additional capacity (Plant III)?
What was the investment approved by the board for setting up an additional capacity (Plant III)?
What was the percentage growth of EBITDA for H1 FY25 compared to the previous year?
What was the percentage growth of EBITDA for H1 FY25 compared to the previous year?
Which of the following contributed the least to the revenue during Q2 FY25?
Which of the following contributed the least to the revenue during Q2 FY25?
What is the manufacturing capacity of the facilities mentioned?
What is the manufacturing capacity of the facilities mentioned?
Which sector is NOT mentioned as a focus area for expansion?
Which sector is NOT mentioned as a focus area for expansion?
What approach is emphasized for conventional sectors?
What approach is emphasized for conventional sectors?
What key factor is emphasized for business positivity?
What key factor is emphasized for business positivity?
Which factor is categorized as an external factor impacting business?
Which factor is categorized as an external factor impacting business?
What is the primary focus of the strategic transformation mentioned?
What is the primary focus of the strategic transformation mentioned?
What is a key strength identified in the manufacturing base?
What is a key strength identified in the manufacturing base?
What drives the strategy towards a sustainable revenue model?
What drives the strategy towards a sustainable revenue model?
Which of the following is NOT a part of the output expected from the transformation process?
Which of the following is NOT a part of the output expected from the transformation process?
What aspect does the organization want to build on in terms of market leadership?
What aspect does the organization want to build on in terms of market leadership?
What is highlighted as a crucial internal factor for growth?
What is highlighted as a crucial internal factor for growth?
Which government initiative is mentioned as a driving force for expansion?
Which government initiative is mentioned as a driving force for expansion?
What aspect of revenue strategy is emphasized for future growth?
What aspect of revenue strategy is emphasized for future growth?
What does the strategy aim to enhance besides growth?
What does the strategy aim to enhance besides growth?
What is the focus area for expanding the approval base?
What is the focus area for expanding the approval base?
What was the PAT for Q2FY25?
What was the PAT for Q2FY25?
What was the EBITDA margin for H1FY25?
What was the EBITDA margin for H1FY25?
What was the total income from operations for H1FY25?
What was the total income from operations for H1FY25?
Which of the following had the highest percentage increase in Year-over-Year (YoY) in Q2FY25?
Which of the following had the highest percentage increase in Year-over-Year (YoY) in Q2FY25?
Which line item saw a decrease in the total for H1FY25 compared to H1FY24?
Which line item saw a decrease in the total for H1FY25 compared to H1FY24?
What was the significant exceptional item noted in Q2FY25?
What was the significant exceptional item noted in Q2FY25?
What was the percentage increase in cash and cash equivalents from FY24 to H1 FY25?
What was the percentage increase in cash and cash equivalents from FY24 to H1 FY25?
What was the total assets value for H1 FY25?
What was the total assets value for H1 FY25?
What was the percentage change in the Cost of Materials Consumed in H1FY25 compared to H1FY24?
What was the percentage change in the Cost of Materials Consumed in H1FY25 compared to H1FY24?
What was the finance cost for Q2FY25?
What was the finance cost for Q2FY25?
Which metric reflects the profitability in terms of equity for FY24?
Which metric reflects the profitability in terms of equity for FY24?
What was the reported EBITDA for Q2FY25?
What was the reported EBITDA for Q2FY25?
What was the year-on-year (YoY) growth in employee benefits expense from Q2FY24 to Q2FY25?
What was the year-on-year (YoY) growth in employee benefits expense from Q2FY24 to Q2FY25?
Which component contributed the most to total liabilities in H1 FY25?
Which component contributed the most to total liabilities in H1 FY25?
Flashcards
What is the core business of the company?
What is the core business of the company?
A company offering a wide range of low-voltage electrical products for different industries.
What are the primary target markets for the company?
What are the primary target markets for the company?
The company specializes in providing electrical products and services to the EPC, Railway, and Telecom sectors.
What does 'Long-standing Customer Relationships' suggest about the company?
What does 'Long-standing Customer Relationships' suggest about the company?
This implies that the company has a strong reputation and long-standing relationships with its customers.
How does the company cater to the EPC sector?
How does the company cater to the EPC sector?
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What is the company's role in the railway sector?
What is the company's role in the railway sector?
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Railway & Metro Cables
Railway & Metro Cables
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Industrial Braided Instrumentation Cables
Industrial Braided Instrumentation Cables
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Control Cables
Control Cables
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Underground PIJF Cables
Underground PIJF Cables
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Industrial Cables for Diverse Sectors
Industrial Cables for Diverse Sectors
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Railway Telephone Cables
Railway Telephone Cables
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Delton's Customer Base
Delton's Customer Base
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Delton's Diverse Domain Expertise
Delton's Diverse Domain Expertise
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Cash Conversion Cycle
Cash Conversion Cycle
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Asset Light Approach
Asset Light Approach
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Sweating Assets
Sweating Assets
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Operating Expenses (OPEX)
Operating Expenses (OPEX)
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Capital Expenditure (CAPEX)
Capital Expenditure (CAPEX)
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Shifting Focus in Client Base
Shifting Focus in Client Base
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Direct Sales Approach
Direct Sales Approach
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Working Capital Cycle Target
Working Capital Cycle Target
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Delton Cables Q2 & H1 FY25 Performance
Delton Cables Q2 & H1 FY25 Performance
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Q2 FY25 Revenue
Q2 FY25 Revenue
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Q2 FY25 EBITDA
Q2 FY25 EBITDA
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Q2 FY25 PAT
Q2 FY25 PAT
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Total Order Book
Total Order Book
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Plant III Capacity Expansion
Plant III Capacity Expansion
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H1 FY25 Revenue
H1 FY25 Revenue
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H1 FY25 EBITDA
H1 FY25 EBITDA
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Demand-Pull Strategy
Demand-Pull Strategy
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Profit Margin Optimization
Profit Margin Optimization
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Sustainable Revenue Growth
Sustainable Revenue Growth
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Aligned Dynamics
Aligned Dynamics
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Endurance
Endurance
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Strategic Transformation
Strategic Transformation
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EPC Project Cables
EPC Project Cables
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Railway Cables
Railway Cables
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Telecom Cables
Telecom Cables
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Building on Brand Recall
Building on Brand Recall
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PAN India Presence
PAN India Presence
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Structured Cabling Solutions
Structured Cabling Solutions
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Untapped Areas
Untapped Areas
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Tailored Solutions
Tailored Solutions
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Market Leadership
Market Leadership
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Q2FY25 Total Revenue
Q2FY25 Total Revenue
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H1FY25 Total Revenue
H1FY25 Total Revenue
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H1FY25 PAT
H1FY25 PAT
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Return on Assets (RoA)
Return on Assets (RoA)
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Return on Equity (RoE)
Return on Equity (RoE)
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Working Capital (W.Cap) Days
Working Capital (W.Cap) Days
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Return on Capital Employed (RoCE)
Return on Capital Employed (RoCE)
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H1FY25 Total Assets
H1FY25 Total Assets
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H1FY25 Total Equity
H1FY25 Total Equity
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H1FY25 Total Liabilities
H1FY25 Total Liabilities
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FY24 Total Revenue
FY24 Total Revenue
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FY24 EBITDA
FY24 EBITDA
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FY24 PAT
FY24 PAT
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Study Notes
Investor Presentation
- Delton Cables Limited presented on November 12, 2024.
- The presentation included unaudited financial results for the quarter and half year ending September 30, 2024.
- Information also available on the company's website (www.deltoncables.com)
- The presentation adhered to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Vivek Gupta, Managing Director, signed the presentation.
- DIN: 00035916
Company Overview
- Delton Cables is a pioneering company specializing in low-voltage cables.
- Founded over 75 years ago, Delton Cables has a strong brand recall for telecommunication cables.
- Has expanded into sectors like railways, EPC, and smart metering.
- The company's vast product offerings and robust approval base position it as a leading low-voltage cable supplier to global customers.
- The company offers a wide array of low-voltage electric products including wire & cables, structured cabling solutions, and smart metering solutions (Smart Meters)
- Strong history over 75 years, established pan-India presence, and customer relationships.
Diverse Product Range
- Delton Cables caters to a wide variety of sectors, including EPC contractors, Railways, and Telecom.
- Product lines include Industrial Braided Instrumentation Cables, Individual Shielded Instrumentation Cables, Underground Signaling Cables, Railway Quad Cables, Optic Fiber Cables, Telephone Cables, Overall Shielded Control Cables, Power Cables, Underground PDF Telephone Cables, Jelly Filled Cables, and Railway Telephone Cables.
- Delton is a preferred cable and cabling solution partner for many EPC, Railways, and Telecom customers across India.
Diverse Segments
- Delton Cables caters to various sectors: Aerospace, Energy, Smart Metering solutions, Oil & Gas, Telecommunications, Railways, Cement & Steel, Defence, and Transportation.
Key Strengths
- Focused, growth-oriented, niche market approach.
- Strategic focus on Telecom and Railway sectors.
- Established pan-India presence and sales network.
- Strong customer relationships and brand recall.
- Flexible and effective manufacturing base and capacity.
- Strong internal factors like clarity and efficiency.
- External factors and policy alignment with infrastructure spending.
Segment Strengths
- EPC Project Cables: Focused on Pan-India expansion and new opportunities
- Railway Cables: Strong presence in existing market.
- Telecom Cables: Building on brand recall to related segments.
Strategic Transformation
- Past Hurdles: Concentrated product portfolio, non-diversified segments, and concentrated clientele.
- Transformation Process: Focus on large private EPC players, building a niche product portfolio, and effective working capital management.
Key Growth Metrics: Revenue & Profitability
- Revenue growth for Q2 2024-2025
- Growth in Capacity Utilization
- Revenue increase compared with previous years.
- Significant increases in profitability.
- New segment additions to propel company growth
Key Growth Metrics: Working Capital Efficiency
- Rationalized Inventories
- Focus on high-rated customers
- Maintains a healthy working capital cycle
Future Growth
- Asset-light approach to maximize asset utilization
- Continued investment in additional manufacturing capacity (Plant III) to cater to emerging sectors.
Board Members
- The presentation features details about the company's board members.
Corporate Information
Financial Highlights (Q2 & H1 FY25)
- Significant revenue growth.
- Improvement in EBITDA and PAT margins.
- Increased capacity utilization and efficiency in working capital management.
- Robust order book.
Result Analysis (H1 FY25)
- Revenue and EBITDA growth compared to previous years.
Result Analysis (Q2 FY25)
- Significant revenue growth during the second quarter
- Strong performance in EBITDA and profitability during the second quarter.
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