Delton Cables AGM: FY26 Revenue Hits Rs 986.38 Crore

FY26 Net Profit Drops to Rs 14.72 Crore from Rs 20.51 Crore

Reader Takeaway: Strong top-line growth is offset by bottom-line compression and proposed increases in related-party executive remuneration packages.

What just happened

Delton Cables Limited has issued its notice for the 61st Annual General Meeting scheduled for September 29, 2026. The meeting will be held virtually. Shareholders are set to vote on a final dividend of Rs 2 per share. The agenda also includes the re-appointment of directors and the approval of new executive roles for family members of leadership.

Why this matters

The company saw top-line expansion of 39% during the fiscal year, reaching Rs 986.38 crore. However, net profit declined significantly to Rs 14.72 crore, down from Rs 20.51 crore in the previous year. This divergence between revenue and profitability will be a primary focus for investors during the virtual AGM interaction.

Agenda Items

Beyond the dividend, the company is seeking approval for the re-appointment of Mrs. Shalini Gupta and the second term of Independent Director Mr. Abhishek Poddar. A major item for consideration is the proposal to hire Mrs. Shriya Gupta and Ms. Isha Gupta as Vice Presidents with monthly remuneration packages of up to Rs 7.50 lakh, effective October 1, 2026.

What to track next

The record date for dividend eligibility and e-voting is September 22, 2026. Remote e-voting is scheduled from September 26 to September 28. Investors should monitor the voting outcomes, particularly regarding the related-party appointments, which have drawn attention due to the proposed compensation structure.