Delton Cables Ltd — Important, 29-08-2025: Company Update
29-08-2025 | 05:23 pm
29-08-2025 | 05:23 pm
Delton Cables' credit ratings have been re-affirmed by Infomerics, with long-term bank facilities (₹84.30 Cr) rated IVR BBB/Stable and short-term facilities (₹185.00 Cr) rated IVR A3+. This re-affirmation, covering ₹269.30 Cr in total, signals stability. It's driven by the company's strong business performance, especially a revenue surge to ₹709.26 Cr in FY25 (up from ₹400.86 Cr), improved profitability, an experienced management team, and a healthy order book of ₹328.45 Cr. Key challenges include intense competition and raw material price fluctuations, which impact margins.
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