New Year Stock Idea - 3

Delton Cables 
CMP 985

Market Cap 851
Stock PE - 80.5

-Revenue Growth: 94% YoY
-PAT Growth: 155% YoY 

•Order Book•
-Current Order Book: Stands at 275 cr  as of September 30, 2024.

-Focused on high-margin private EPC players and expanding in high-growth sectors.
-Strategic emphasis on demand-pull marketing aligned with India’s infrastructure growth.

•Expectations of 6X increase in revenue•
-Current revenue stands at 401 crore which is expected to rise to 2400 cr by 2030, a solid 6X increase.

•Capacity Expansion•
-  to cater to the emerging telecom sector demand of major Telecom operators.
#Deltoncables #multibagger