---
title: "Delma Infrastructure Ltd (512121) — Share Price, Financials & Analysis"
symbol: "512121"
company: "Delma Infrastructure Ltd"
canonical: "https://tapetide.com/stocks/512121"
bse_code: "512121"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T19:16:01.267Z"
---

# Delma Infrastructure Ltd (512121)

Canonical page: https://tapetide.com/stocks/512121

## Company

- **BSE Code:** 512121
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** delmainfra.com

## About

Delma Infrastructure Limited provides infrastructure engineering and construction services in India.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -163% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.14 | 0.1 | 0.12 | 0.11 | 0.14 | 0.11 | 0.14 | 0.12 | 0.46 | 0.1 | 0.12 | 0.06 |
| Operating Profit | -0.14 | -0.1 | -0.12 | -0.11 | 0.11 | -0.11 | -0.14 | -0.12 | -0.46 | -0.1 | -0.12 | -0.06 |
| OPM % | — | — | — | — | 44 | — | — | — | — | — | — | — |
| Other Income | 0 | -0.28 | 0 | 0 | -0.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -0.14 | -0.38 | -0.12 | -0.11 | 0.05 | -0.12 | -0.15 | -0.13 | -0.47 | -0.11 | -0.13 | -0.07 |
| Tax % | 57.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.22 | -0.38 | -0.12 | -0.11 | 0.05 | -0.12 | -0.15 | -0.14 | -0.47 | -0.12 | -0.13 | -0.07 |
| EPS in Rs | -8.84 | -15.26 | -4.82 | -4.42 | 2.01 | -4.82 | -6.02 | -5.62 | -18.88 | -4.82 | -5.22 | -2.81 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 | 0.01 | 0 |
| Expenses | 0.01 | 0.03 | 0.01 | 0.05 | 0.03 | 0.01 | 0.3 | 0.44 | 0.84 | 0.74 |
| Operating Profit | -0.01 | -0.03 | -0.01 | -0.05 | -0.03 | -0.01 | -0.3 | -0.21 | -0.83 | -0.74 |
| OPM % | — | — | — | — | — | — | — | -91.3 | -8300 | — |
| Other Income | 0.04 | 0.03 | 0.03 | 0.03 | 0.42 | 0 | 0 | -0.06 | -0.06 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 |
| Profit before tax | 0.03 | 0 | 0.02 | -0.02 | 0.39 | -0.01 | -0.3 | -0.28 | -0.89 | -0.78 |
| Tax % | 0 | — | 0 | 0 | 0 | 0 | 26.67 | 0 | 0 | — |
| Net Profit | 0.03 | 0 | 0.02 | -0.02 | 0.39 | -0.01 | -0.38 | -0.28 | -0.89 | -0.79 |
| EPS in Rs | 1.2 | 0 | 0.8 | -0.8 | 15.66 | -0.4 | -15.26 | -11.24 | -35.74 | -31.73 |
| Dividend Payout % | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| Reserves | 0.17 | 0.2 | 0.2 | 0.22 | 0.19 | 0.58 | 0.57 | 0.19 | -0.08 | -0.97 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0.31 | 1.07 | 1.13 |
| Other Liabilities | 0.01 | 0.01 | 0 | 0.02 | 0.02 | 0.08 | 0.01 | 0.23 | 0.06 | 0.32 |
| Total Liabilities | 0.43 | 0.46 | 0.45 | 0.49 | 0.46 | 0.91 | 0.92 | 0.98 | 1.3 | 0.73 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.26 | 0.26 | 0.26 | 0.27 | 0.25 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.17 | 0.2 | 0.19 | 0.22 | 0.21 | 0.91 | 0.92 | 0.98 | 1.3 | 0.73 |
| Total Assets | 0.43 | 0.46 | 0.45 | 0.49 | 0.46 | 0.91 | 0.92 | 0.98 | 1.3 | 0.73 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.04 | 0.02 | 0.03 | 0.1 | -0.08 | -0.12 | -0.08 | -0.22 | -0.36 | -0.62 |
| Cash from Investing Activity | 0 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 0.22 | 0.52 | 0.44 |
| Net Cash Flow | 0.04 | 0.02 | 0.03 | 0.09 | -0.08 | -0.12 | 0 | 0 | 0.17 | -0.18 |
| Free Cash Flow | 0.04 | 0.02 | 0.03 | 0.1 | -0.08 | -0.12 | -0.08 | -0.22 | -0.36 | -0.62 |
| CFO/OP | 250 | -200 | -100 | -1000 | 160 | 400 | 800 | 47 | 171 | 75 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 243.33 | — | — | — | — | — | — | — | 0 | 0 |
| Cash Conversion Cycle | 243.33 | — | — | — | — | — | — | — | 0 | 0 |
| Working Capital Days | 1216.67 | — | — | — | — | — | — | — | -1190.22 | -51830 |
| ROCE % | — | 6.9 | 0 | 4.35 | -4.4 | -4.72 | -1.15 | -36.14 | -21.11 | -100.61 |

## Shareholding Pattern

### annual

| Category | Mar 2017 |
| --- | --- |
| Promoters | 74.08% |
| Public | 25.92% |
| No. of Shareholders | 36 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Promoters | 74.08% | 74.08% | 74.08% | 74.08% |
| Public | 25.92% | 25.92% | 25.92% | 25.92% |
| No. of Shareholders | 36 | 36 | 36 | 36 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1453.82 | Sell |
| EMA (10) | 1450.53 | Sell |
| SMA (20) | 1573.41 | Sell |
| EMA (20) | 1552.71 | Sell |
| SMA (50) | 1822.43 | Sell |
| EMA (50) | 1796.73 | Sell |
| SMA (100) | 2193.82 | Sell |
| EMA (100) | 2044.22 | Sell |
| SMA (200) | 2385.36 | Sell |
| EMA (200) | 2279.08 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 24.6 | Buy |
| MACD (12,26,9) | -135.14 | Sell |
| Stochastic (14,3,3) | 6.02 | Buy |
| ADX (14) | 44.96 | Buy |
| Williams %R (14) | -91.12 | Buy |
| ATR (14) | 72.29 | High Volatility |
| ROC (12) | -15.97 | Sell |
| Stoch RSI (14) | 23.19 | Neutral |
| UO (7,14,28) | 31.06 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Promoter group sold 21,560,000 shares (17.65%) via inter-se transfer on Feb 27, 2026. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 9h - Promoter group sold 21,560,000 shares (17.65%) via inter-se transfer on Feb 27, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/09C6B7DD_7C61_4E02_90C8_BBF4213EDC57_095045.pdf) |
| 9 Feb - Board approved unaudited Q3 and 9M results to Dec 31, 2025; EPS Q=2.14, 9M=5.58. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On February 09, 2026 9 Feb - Board approved unaudited Q3 and 9M results to Dec 31, 2025; EPS Q=2.14, 9M=5.58.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be08c2bb-e7b6-47ad-93f4-0ea0a3dc6110.pdf) |
| 9 Feb - Approved unaudited consolidated and standalone Q3/9M results for period ended Dec 31, 2025; limited review completed. | [Unaudited Financial Results (Consolidated And Standalone) For The Quarter And Nine Months Ended December 31, 2025 9 Feb - Approved unaudited consolidated and standalone Q3/9M results for period ended Dec 31, 2025; limited review completed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57d13539-7e73-4028-8059-10a00f17fc47.pdf) |
| 20 Feb - Harbans Kaur to receive 21,560,000 shares (17.65%) as gift on/after Feb 26, 2026. | [Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 20 Feb - Harbans Kaur to receive 21,560,000 shares (17.65%) as gift on/after Feb 26, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2D99A88F_7738_443E_A93F_FF29FACD5B40_102921.pdf) |
| 20 Apr 2017 - We hereby certify that: 1. All the Share/Debenture Certificate(s) relating to the transfer of Shares/Debentures received during the period from 01st October, 2016 to 31st … | [Reg. 40 (10)- PCS Certificate For Transfer/ Transmission/ Transposition 20 Apr 2017 - We hereby certify that: 1. All the Share/Debenture Certificate(s) relating to the transfer of Shares/Debentures received during the period from 01st October, 2016 to 31st …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0afca832-9fb6-4197-8af5-c8122da28e2f.pdf) |
| 20 Apr 2017 - Share/Debenture Certificate(s) relating to the transfer of Shares/Debentures received during the period from 01st October, 2016 to 31st March, 2017 as entered in the Memorandum … | [Reg. 40 (10)- PCS Certificate For Transfer/ Transmission/ Transposition 20 Apr 2017 - Share/Debenture Certificate(s) relating to the transfer of Shares/Debentures received during the period from 01st October, 2016 to 31st March, 2017 as entered in the Memorandum …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/4/0afca832-9fb6-4197-8af5-c8122da28e2f.pdf) |
| 20 Apr 2017 - Complaint status for the period 01-01-2017 to 31-03-2017 Category No. of Complaints Received No. of Complaints Resolved No. of Complaints Pending Nil Nil Nil Total: … | [Statement Of Investor Complaint For The Quarter Ended 31-03-2017 20 Apr 2017 - Complaint status for the period 01-01-2017 to 31-03-2017 Category No. of Complaints Received No. of Complaints Resolved No. of Complaints Pending Nil Nil Nil Total: …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6902333a-87de-4408-a443-05724d690578.pdf) |
| 20 Apr 2017 - Complaint status for the period 01-01-2017 to 31-03-2017 Category No. of Complaints Received No. of Complaints Resolved No. of Complaints Pending Nil Nil Nil Total: … | [Statement Of Investor Complaint For The Quarter Ended 31-03-2017 20 Apr 2017 - Complaint status for the period 01-01-2017 to 31-03-2017 Category No. of Complaints Received No. of Complaints Resolved No. of Complaints Pending Nil Nil Nil Total: …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/4/6902333a-87de-4408-a443-05724d690578.pdf) |
| 2 Mar - Board approved QIP opening March 4, 2026; floor price ₹274.825; placement document filed March 2. | [Board Meeting Outcome for Outcome Of The Meeting Of Board Held On March 02, 2026 2 Mar - Board approved QIP opening March 4, 2026; floor price ₹274.825; placement document filed March 2.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47a31e51-8431-4443-bccc-09593c8c6ff2.pdf) |
| 2 Feb - Board meeting Feb 9, 2026 to approve unaudited results for quarter ended 31-Dec-2025. | [Board Meeting Intimation for Consideration And Approval Unaudited Consolidated And Standalone Financial Results Of The Company For The Quarter Ended 31.12.2025 2 Feb - Board meeting Feb 9, 2026 to approve unaudited results for quarter ended 31-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3530a32d-bfa8-4f97-9de0-1d45b32b08f6.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e4a2d96-c499-4053-811a-046149343393.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a09b9538-b86f-4e79-b113-f0afa6c1f0ca.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f3b5529-d732-4629-a441-e512c275b920.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b11c171-9528-42ab-8999-41050c902b3b.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c005ecd-3495-499b-988b-ca9b58e82e4e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47d7bd32-6c65-4bd4-bb64-d3bb1dfb84b1.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bdb32d5-979e-4212-9ba6-75a343acd254.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09c5e3ee-7eeb-4fa5-9dce-39b2ad1d26e1.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539042/75969539042.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539042/71009539042.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539042/65359539042.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539042/5390420319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539042/5390420318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539042/5390420317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539042/5390420316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:16:01.267Z.