Delta Corp

What does Delta Corp do?

Delta Corp Ltd. is India's leading casino and gaming company, established in 1990, with a market cap of Rs 2,439 Cr. As of March 2025, it reported net sales of 183 Cr and a net profit of 165 Cr.

Overview: <BR>Delta Corp Ltd. is India's leading listed casino and gaming company operating in the Leisure Services industry within the Small Cap market-cap bracket.<BR><BR>History: <BR>Incorporated in 1990, Delta Corp has established itself as the largest organized player in the casino and gaming industry in India. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 183 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 165 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,439 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 18.00 <BR>Industry P/E: 56 <BR>Dividend Yield: 1.37% <BR>Debt-Equity: -0.16 <BR>Return on Equity: 5.11% <BR>Price-to-Book: 0.91 <BR><BR>Contact Details: <BR>Address: 10 Kumar Place, 2408 General Thimayya Road Pune Maharashtra : 411001 <BR>Tel: 91-20-26137739 <BR>Email: secretarial@deltin.com <BR>Website: http://www.deltacorp.in

Has Delta Corp declared dividend?

Delta Corp Ltd. has declared a 125% dividend, amounting to ₹1.25 per share, with an ex-date of July 19, 2024. Despite the dividend, the company's total returns have been negative over most periods, with only a slight positive return of 1.05% over the past five years.

Delta Corp Ltd. has declared a 125% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 125%<BR>- Amount per share: 1.25<BR>- Ex-date: Jul-19-2024<BR><BR>Dividend Yield: 1.37%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -25.23%, with no dividend return, resulting in a total return of -25.23%.<BR><BR>Over the past year, the price return was -20.29%, with a dividend return of 1.03%, leading to a total return of -19.26%.<BR><BR>In the 2-year period, the price return was -61.2%, and the dividend return was 1.01%, culminating in a total return of -60.19%.<BR><BR>For the 3-year period, the price return was -54.72%, the dividend return was 2.16%, resulting in a total return of -52.56%.<BR><BR>In the last 4 years, the price return was -50.48%, with a dividend return of 2.63%, leading to a total return of -47.85%.<BR><BR>Over the past 5 years, the price return was -4.22%, while the dividend return was 5.27%, resulting in a total return of 1.05%.<BR><BR>Overall, while Delta Corp has declared a significant dividend, the total returns over various periods indicate a generally negative performance, particularly in the shorter terms, with only the 5-year period showing a positive total return.

Who are the peers of the Delta Corp?

Delta Corp's peers include Jubilant Food, Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, Speciality Rest., and Nicco Parks. Notably, Jubilant Food has the highest 1-year return at 32.05%, while Delta Corp's return is -18.93%.

Peers: The peers of Delta Corp are Jubilant Food, Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, Speciality Rest., and Nicco Parks.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jubilant Food and Nicco Parks, while Average management risk is found at Devyani Intl., Westlife Food, Sapphire Foods, Speciality Rest., and Delta Corp, and the rest. Below Average management risk is present at Restaurant Brand, Barbeque-Nation, Coffee Day Enter, and Kaya Ltd. Growth is Good at Jubilant Food and Speciality Rest., Below Average growth is seen at Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Delta Corp, Barbeque-Nation, Coffee Day Enter, and Nicco Parks, while the rest have Below Average growth. Capital Structure is Excellent at Delta Corp and Nicco Parks, Average at Jubilant Food and Speciality Rest., and Below Average at Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, and Kaya Ltd.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jubilant Food at 32.05%, while the peer with the lowest is Coffee Day Enter at -45.64%. Delta Corp's 1-year return is -18.93%, which is lower than Jubilant Food's but higher than Coffee Day Enter's. Additionally, the six-month return is negative for Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, Speciality Rest., and Nicco Parks.

Is Delta Corp overvalued or undervalued?

As of February 12, 2025, Delta Corp is considered very attractive and undervalued, with a PE ratio of 17.95 and an EV to EBITDA of 12.94, significantly lower than its peers, indicating a compelling investment opportunity despite recent underperformance compared to the Sensex.

As of 12 February 2025, Delta Corp's valuation grade has moved from attractive to very attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued. Key ratios supporting this conclusion include a PE ratio of 17.95, an EV to EBITDA of 12.94, and a Price to Book Value of 0.92, all of which suggest that the stock is trading at a discount relative to its earnings and assets.<BR><BR>In comparison to its peers, Delta Corp stands out with its PE ratio of 17.95, significantly lower than Indian Hotels Co at 66.81 and ITC Hotels at 65.26, both of which are categorized as very expensive. Additionally, Delta's EV to EBITDA of 12.94 further emphasizes its relative value against the high valuations of its competitors. Despite recent underperformance compared to the Sensex, where Delta has seen a 1-year return of -21.61% versus the Sensex's 7.58%, the current valuation metrics suggest that Delta Corp presents a compelling investment opportunity.

Who are in the management team of Delta Corp?

As of March 2023, the management team of Delta Corp includes Chairman Jaydev Mody, Managing Director Ashish Kapadia, and several independent directors: Rajesh Jaggi, Ravinder Kumar Jain, Alpana Piramal Chinai, and Vrajesh Udani, along with Company Secretary Dilip Vaidya and Director Chetan Desai. They are responsible for guiding the company's strategy and ensuring regulatory compliance.

As of March 2023, the management team of Delta Corp includes the following individuals:<BR><BR>1. Jaydev Mody - Chairman (Non-Executive)<BR>2. Ashish Kapadia - Managing Director<BR>3. Rajesh Jaggi - Independent Director<BR>4. Ravinder Kumar Jain - Independent Director<BR>5. Alpana Piramal Chinai - Independent Director<BR>6. Vrajesh Udani - Independent Director<BR>7. Dilip Vaidya - Company Secretary & Compliance Officer<BR>8. Chetan Desai - Director<BR><BR>These members play various roles in guiding the company's strategic direction and ensuring compliance with regulations.

Who are the top shareholders of the Delta Corp?

The top shareholders of Delta Corp include the Aarti Pandit Family Private Limited with 11.12%, mutual funds at 7.72%, foreign institutional investors at 1.48%, and HDFC Small Cap Fund as the largest public shareholder with 3.81%. Individual investors hold 47.03% of the total shares.

The top shareholders of Delta Corp include the Aarti Pandit Family Private Limited, which holds the highest promoter stake at 11.12%. In terms of institutional holdings, mutual funds collectively hold 7.72% across four schemes, while foreign institutional investors (FIIs) account for 1.48% through 46 different entities. The highest public shareholder is HDFC Small Cap Fund, with a stake of 3.81%. Additionally, individual investors hold a significant portion of the company, comprising 47.03% of the total shares.

How big is Delta Corp?

As of 24th July, Delta Corp Ltd. has a market capitalization of 2,410.00 Cr, with recent net sales of 737.83 Cr and a net profit of 248.95 Cr.

As of 24th July, <BR><BR>Market Cap: Delta Corp Ltd. has a market capitalization of 2,410.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Delta Corp reported Net Sales of 737.83 Cr and a Net Profit of 248.95 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2024, with Shareholder's Funds amounting to 2,517.81 Cr and Total Assets of 2,855.14 Cr.

Are Delta Corp latest results good or bad?

Delta Corp's latest Q2 FY26 results are unfavorable, showing an 8.32% decline in net profit to ₹24.13 crores and a 2.61% drop in revenue to ₹182.76 crores, despite improved operating margins. Ongoing challenges in the gaming and hospitality sectors, along with regulatory uncertainties, suggest caution for investors.

Delta Corp's latest results for Q2 FY26 indicate a challenging performance. The company reported a net profit of ₹24.13 crores, which reflects an 8.32% decline year-on-year. Revenue also decreased by 2.61% year-on-year, totaling ₹182.76 crores. While the operating margin improved to 21.70%, up 370 basis points from the previous year, the overall financial picture shows persistent operational headwinds, particularly in the gaming and hospitality sectors.<BR><BR>The decline in both revenue and profit highlights ongoing struggles, exacerbated by regulatory uncertainties and evolving taxation frameworks impacting the online gaming segment. Additionally, the significant drop in other income, which fell by over 57% year-on-year, has further pressured profitability.<BR><BR>Overall, while there are some positive aspects, such as improved operating margins and a strong balance sheet with no debt, the negative trends in revenue and profit suggest that the latest results are not favorable. Investors may need to approach Delta Corp with caution given these challenges.

How has been the historical performance of Delta Corp?

Delta Corp's historical performance shows declining net sales and operating profit from Mar'23 to Mar'25, despite an increase in profit before tax and total assets. The company faced significant cash flow challenges, resulting in a net cash outflow in Mar'25.

Answer:<BR>The historical performance of Delta Corp shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Delta Corp's net sales have experienced a downward trend from Mar'23 to Mar'25, decreasing from 964.47 Cr to 729.63 Cr. Total operating income followed a similar pattern, dropping from 964.47 Cr in Mar'23 to 729.63 Cr in Mar'25. The company's total expenditure, excluding depreciation, was relatively stable, with a slight increase from 542.27 Cr in Mar'24 to 542.54 Cr in Mar'25. Operating profit (PBDIT) also declined from 396.73 Cr in Mar'23 to 244.17 Cr in Mar'25, reflecting a decrease in operating profit margin from 36.32% to 25.64%. Profit before tax increased from 328.47 Cr in Mar'23 to 402.10 Cr in Mar'25, while profit after tax rose from 261.49 Cr to 318.04 Cr in the same period. The consolidated net profit showed a slight increase from 244.23 Cr in Mar'24 to 248.99 Cr in Mar'25. The company's total assets grew from 2,536.44 Cr in Mar'23 to 2,922.81 Cr in Mar'25, while total liabilities increased from 2,536.44 Cr to 2,922.81 Cr. Cash flow from operating activities decreased significantly from 170.00 Cr in Mar'24 to 49.00 Cr in Mar'25, contributing to a net cash outflow of 37.00 Cr in Mar'25. Overall, Delta Corp's financial performance reflects a complex interplay of declining sales and profits alongside increasing assets and liabilities.

Is Delta Corp technically bullish or bearish?

As of 27 October 2025, Delta Corp's technical trend has shifted to a bearish stance with moderate strength, indicated by bearish MACD, Bollinger Bands, moving averages, and KST across multiple time frames.

As of 27 October 2025, the technical trend for Delta Corp has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on both weekly and monthly levels, while the Dow Theory indicates a mildly bearish stance on the weekly. Overall, the technical outlook suggests continued weakness in the stock's performance.

When is the next results date for Delta Corp Ltd.?

The next results date for Delta Corp Ltd. is 15 January 2026.

The next results date for Delta Corp Ltd. is scheduled for 15 January 2026.

Should I buy, sell or hold Delta Corp Ltd.?

Why is Delta Corp Ltd. falling/rising?

As of 16-Mar, Delta Corp Ltd. is facing a decline in stock price, currently at Rs. 53.46, with a total drop of -6.13% over the past three days and a new 52-week low of Rs. 52.11. The company has reported negative financial results for three consecutive quarters, contributing to its significant underperformance compared to market benchmarks.

As of 16-Mar, Delta Corp Ltd. is experiencing a decline in its stock price, currently at Rs. 53.46, which reflects a change of -1.55 (-2.82%). This downward movement is part of a broader trend, as the stock has been losing value for the past three days, resulting in a total decline of -6.13% during this period. Additionally, the stock has reached a new 52-week low of Rs. 52.11 today, indicating significant selling pressure.<BR><BR>The stock's performance over various time frames also highlights its struggles; it has fallen -20.98% over the past month and -39.01% over the past year, significantly underperforming the benchmark Sensex, which has increased by 2.27% in the same period. Furthermore, Delta Corp's returns have consistently lagged behind the BSE500 index over the last three years, contributing to a perception of poor long-term growth potential.<BR><BR>Financially, the company has reported negative results for the last three consecutive quarters, with a notable -60.0% decline in profit after tax compared to the previous four-quarter average. This has been compounded by a -12.3% drop in net sales, which are at their lowest levels. Although there is some positive news regarding rising promoter confidence, as they have increased their stake by 0.81%, the overall financial health and performance metrics suggest a challenging environment for the stock.<BR><BR>In summary, the combination of recent price declines, poor financial results, and consistent underperformance against benchmarks are key factors contributing to the falling stock price of Delta Corp Ltd.

Which are the latest news on Delta Corp?