Delta Galaxy Unlisted Shares

Investment Overview

Delta Galaxy is an unlisted company operating in the Industrials sector (Diversified Services). Delta Galaxy Engineering Services Limited is an engineering and infrastructure solutions company founded in 2011 in Patna, Bihar. Corporate materials describe offerings across mining support, construction, project management and automation. The firm highlights growth from a small team to a multi‑sta…

Strengths

• Rapid Revenue Development: Income surged from Rs. 15.2 Cr (2022) to Rs. 79.5 Cr (2023) and is projected at Rs. 174 Cr (2024), demonstrating substantial business broadening.
• Improved Profitability: EBITDA increased from Rs. 2 Cr (2022) to Rs. 24 Cr (2024), with net gains rising significantly, reflecting efficient cost management and scaling execution.
• Powerful Asset Base: Total assets grew from Rs. 18.3 Cr (2022) to Rs. 127 Cr (2024), showcasing financial strength and investment in infrastructure for long-term sustainability.

Key Risks

• High Trade Receivables: Increased from Rs. 8.2 Cr (2022) to Rs. 47 Cr (2024), indicating capacity delays in payment collections, impacting cash flow.
• Rising Procurement Costs: Cost of materials rose from Rs. 14.1 Cr (2022) to Rs. 84.97 Cr (2023), affecting gross margins and profitability fluctuations.
• Debt Dependence: Borrowings peaked at Rs. 31.8 Cr (2023), though slightly reduced, indicating reliance on external funding, which may pose fiscal risks in the long run.

Valuation View

The current unlisted market price is ₹47.52 per share with a market capitalisation of approximately ₹128 crore. The company is currently unlisted and investors should factor in illiquidity risk and longer holding horizons. Investors are advised to review the full financial data and consult an advisor before investing.