At a glance:
Delta Autocorp Ltd (aka Deltic) reported a 🔋31.89% jump in revenue and a 🔥22.8% rise in profit in FY25. But the real jhatka? Its net worth exploded 4x to ₹73 crore! From e-rickshaws to e-loaders, the company is pushing EVs across Bharat — but is this growth sustainable or a one-charge wonder?
🏢 About the Company
Delta Autocorp Ltd is an electric vehicle (EV) company operating under the brand name Deltic. Started in 2016, the company is targeting the heart of India — forget Teslas, this is all about e-scooters, e-rickshaws, loaders, and garbage vans that keep the country running.
Their focus?
- 🛵 Personal mobility
- 🚕 Passenger transport (e-rickshaws)
- 📦 Cargo movement (e-loaders)
- 🚛 Waste management (e-garbage vans)
Basically: “You may not see Deltic in the cities, but you feel it in every
gali.”
👨💼 Key Managerial Personnel
- CMD: Dhirendra Gautamkumar Chopra (also the face of every filing, literally.)
- Company Secretary: Nitin Dubey
- IR handled via EquiBridgeX — a name that sounds like a fintech but mostly sends press releases.
📊 Financials – FY25 vs FY24
| Metric | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹8,318.51 L | ₹6,307.28 L | +31.89% |
| EBITDA | ₹1,181.17 L | ₹947.19 L | +24.70% |
| EBITDA Margin | 14.06% | 14.95% | Slight dip |
| Profit After Tax (PAT) | ₹839.96 L | ₹683.98 L | +22.80% |
| PAT Margin | 10.10% | 10.84% | Slight dip |
| Net Worth | ₹7,305.76 L | ₹1,777.59 L | 🚀 +311% |
🧾 Balance Sheet Booms:
- Total Assets: Grew from ₹33 Cr to ₹85 Cr.
- Cash Flow from Operations: Negative ₹23 Cr 😬
- Borrowings: Grew sharply — financing the growth, or fueling a bubble?
⚙️ What’s Powering the Surge?
🔋 1. Tech Upgrade: LFP
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