DELTA CORP LTD - RESULTS FOR Q4 FY 2017-18 - MARCH 2018

DELTA CORP LTD

RESULTS FOR Q4 FY 2017-18

MARCH 2018

DELTA CORP  ltd has declared good results for the fourth quarter ended March 2018.

Net Sales have increased 59% YoY.

Net Profits have increased 290% YoY.

On the current Market price of Rs.268, the PE ratio works out to 39.

The year ago market price was Rs.169 and from there Delta corp has increased about 58%.

DELTA CORP	Mar '18	Dec '17	Sep '17	Jun '17	Mar '17	YOY	QOQ
Net Sales	171.58	162.17	145.29	128.62	108.13	58.68	5.8
Raw Materials	9.72	9.44	7.84	8.85	7.08	37.29	2.97
Increase in Stocks	-0.33	-0.32	0.15	-0.25	0.32	-203.13	3.13
Employees Cost	26.58	26.81	23.21	18	15.86	67.59	-0.86
Depreciation	9.43	9.35	9.45	8.9	8.75	7.77	0.86
Other Expenses	68.11	57.54	48.59	56.7	50.45	35	18.37
P/B Other Inc., Int., Excpt. Items & Tax	58.06	59.35	56.05	36.41	25.67	126.18	-2.17
Other Income	8.38	7.93	8.6	3.71	1.9	341.05	5.67
P/B Int., Excpt. Items & Tax	66.44	67.28	64.65	40.13	27.58	140.9	-1.25
Interest	0.83	0.34	2.25	6.95	9.41	-91.18	144.12
P/B Exceptional Items & Tax	65.61	66.94	62.4	33.17	18.16	261.29	-1.99
Exceptional Items	-0.8	--	--	1.85	-0.05	1500
P B T	64.81	66.94	62.4	35.02	18.12	257.67	-3.18
Tax	19.14	22.51	19.38	12.66	6.42	198.13	-14.97
Net Profit	45.67	44.42	43.02	22.37	11.7	290.34	2.81
Minority Interest	-0.42	0.31	0.24	0.66	0.39	-207.69	-235.5
Share Of P/L Of Associates	--	--	--	-0.72	-0.73
Net P/L After M.I & Associates	45.25	44.74	43.26	22.3	11.36	298.33	1.14
Equity	26.76	26.76	26.71	26.71	23.16	15.54	0
Basic EPS	1.72	1.71	1.68	0.9	0.49	251.02	0.58
Diluted EPS	1.72	1.71	1.68	0.9	0.49	251.02	0.58
MP	268
PE	38.95
PRICE TREND
27.04.18	1 week	2 week	1 month	3 month	6 month	9 month	1 year
Price	282.9	281.35	289.9	362.1	254.7	170.1	169.45
Gain / Loss	-5.27%	-4.74%	-7.55%	-25.99%	5.22%	57.55%	58.16%

Note : This analysis does not amount to a recommendation for buy / sell  / Hold actions for individual investors, who must take such decisions after detailed examination of the results and other factors.