Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹66.13, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 28x in the Hospitality industry in India. Total loss to shareholders of 71% over the past three years. Reported Earnings • Apr 24
Full year 2026 earnings released: EPS: ₹3.19 (vs ₹11.85 in FY 2025) Full year 2026 results: EPS: ₹3.19 (down from ₹11.85 in FY 2025). Revenue: ₹7.29b (flat on FY 2025). Net income: ₹852.9m (down 73% from FY 2025). Profit margin: 12% (down from 44% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹81.60, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 29x in the Hospitality industry in India. Total loss to shareholders of 58% over the past three years. Aankondiging • Apr 15
Delta Corp Limited to Report Fiscal Year 2026 Results on Apr 22, 2026 Delta Corp Limited announced that they will report fiscal year 2026 results on Apr 22, 2026 Reported Earnings • Jan 16
Third quarter 2026 earnings released: EPS: ₹0.53 (vs ₹1.33 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.53 (down from ₹1.33 in 3Q 2025). Revenue: ₹1.68b (down 14% from 3Q 2025). Net income: ₹142.8m (down 60% from 3Q 2025). Profit margin: 8.5% (down from 18% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Aankondiging • Jan 08
Delta Corp Limited to Report Q3, 2026 Results on Jan 15, 2026 Delta Corp Limited announced that they will report Q3, 2026 results on Jan 15, 2026 Reported Earnings • Oct 19
Second quarter 2026 earnings released: EPS: ₹0.94 (vs ₹1.01 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.94 (down from ₹1.01 in 2Q 2025). Revenue: ₹1.83b (down 2.6% from 2Q 2025). Net income: ₹251.0m (down 7.0% from 2Q 2025). Profit margin: 14% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Aankondiging • Oct 08
Delta Corp Limited to Report Q2, 2026 Results on Oct 15, 2025 Delta Corp Limited announced that they will report Q2, 2026 results on Oct 15, 2025 Aankondiging • Aug 05
Delta Corp Limited, Annual General Meeting, Sep 11, 2025 Delta Corp Limited, Annual General Meeting, Sep 11, 2025. Reported Earnings • Aug 05
First quarter 2026 earnings released: EPS: ₹1.10 (vs ₹0.81 in 1Q 2025) First quarter 2026 results: EPS: ₹1.10 (up from ₹0.81 in 1Q 2025). Revenue: ₹1.96b (up 8.4% from 1Q 2025). Net income: ₹294.6m (up 36% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Aankondiging • Jul 29
Delta Corp Limited to Report Q1, 2026 Results on Aug 04, 2025 Delta Corp Limited announced that they will report Q1, 2026 results on Aug 04, 2025 Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: ₹11.86 (vs ₹9.12 in FY 2024) Full year 2025 results: EPS: ₹11.86 (up from ₹9.12 in FY 2024). Revenue: ₹7.87b (down 15% from FY 2024). Net income: ₹3.17b (up 30% from FY 2024). Profit margin: 40% (up from 26% in FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Aankondiging • Apr 23
Delta Corp Limited Recommends Final Dividend Delta Corp. Limited at its Board meeting, held on 22 April, 2025, made recommendation of Final Dividend @ 125% that is INR 1.25 per Equity Share. The dividend will be paid by the Company to the shareholders within 30 days from the date of approval of the same by the shareholders at the upcoming Annual General Meeting of the Company. Aankondiging • Apr 14
Delta Corp Limited to Report Fiscal Year 2025 Results on Apr 22, 2025 Delta Corp Limited announced that they will report fiscal year 2025 results on Apr 22, 2025 Aankondiging • Feb 21
Head Digital Works Pvt Ltd. agreed to acquire an unknown minority stake in Deltatech Gaming Limited from Delta Corp Limited (BSE:532848). Head Digital Works Pvt Ltd. agreed to acquire an unknown minority stake in Deltatech Gaming Limited from Delta Corp Limited (BSE:532848) on February 20, 2025. A cash consideration will be paid by Head Digital Works Pvt Ltd. The consideration consists of common equity of Head Digital Works Pvt Ltd. to be issued for common equity of Deltatech Gaming Limited. As part of consideration, an undisclosed value is paid towards common equity of Deltatech Gaming Limited. The combined deal value for the subscription and acquisition is INR 380 million. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer shareholders and approval of offer by target shareholders. The deal has been approved by the board. Reported Earnings • Jan 14
Third quarter 2025 earnings released: EPS: ₹1.33 (vs ₹1.29 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.33 (up from ₹1.29 in 3Q 2024). Revenue: ₹2.07b (down 11% from 3Q 2024). Net income: ₹357.3m (up 3.6% from 3Q 2024). Profit margin: 17% (up from 15% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Aankondiging • Jan 06
Delta Corp Limited to Report Q3, 2025 Results on Jan 13, 2025 Delta Corp Limited announced that they will report Q3, 2025 results at 3:30 PM, Indian Standard Time on Jan 13, 2025 Reported Earnings • Nov 07
Second quarter 2025 earnings released: EPS: ₹1.01 (vs ₹2.59 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.01 (down from ₹2.59 in 2Q 2024). Revenue: ₹2.06b (down 24% from 2Q 2024). Net income: ₹269.8m (down 61% from 2Q 2024). Profit margin: 13% (down from 26% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Aankondiging • Oct 25
Delta Corp Limited to Report Q2, 2025 Results on Nov 06, 2024 Delta Corp Limited announced that they will report Q2, 2025 results on Nov 06, 2024 Declared Dividend • Jul 11
Dividend of ₹1.25 announced Dividend of ₹1.25 is the same as last year. Ex-date: 19th July 2024 Payment date: 22nd September 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.3%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Aankondiging • Jul 10
Delta Corp Limited, Annual General Meeting, Aug 23, 2024 Delta Corp Limited, Annual General Meeting, Aug 23, 2024. Reported Earnings • Jul 10
First quarter 2025 earnings released: EPS: ₹0.81 (vs ₹2.54 in 1Q 2024) First quarter 2025 results: EPS: ₹0.81 (down from ₹2.54 in 1Q 2024). Revenue: ₹1.96b (down 28% from 1Q 2024). Net income: ₹216.8m (down 68% from 1Q 2024). Profit margin: 11% (down from 25% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Jul 09
Delta Corp Limited Announces Directorate Changes Delta Corp. Limited announced that the Second term of five years of Ms. Alpana Chinai (DIN: 00136144), Mr. Rajesh Jaggi (DIN: 00046853) and Mr. Ravinder Kumar Jain (DIN: 00652148) as Independent Directors will expire on 27th July, 2024. Post this date they will cease to be the directors of the Company. Aankondiging • Jul 04
Delta Corp Limited to Report Q1, 2025 Results on Jul 09, 2024 Delta Corp Limited announced that they will report Q1, 2025 results at 3:30 PM, Indian Standard Time on Jul 09, 2024 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹135, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 37x in the Hospitality industry in India. Total loss to shareholders of 23% over the past three years. Reported Earnings • May 08
Full year 2024 earnings released: EPS: ₹9.12 (vs ₹9.77 in FY 2023) Full year 2024 results: EPS: ₹9.12 (down from ₹9.77 in FY 2023). Revenue: ₹9.82b (down 3.8% from FY 2023). Net income: ₹2.44b (down 6.6% from FY 2023). Profit margin: 25% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • May 08
Delta Corp Limited Recommends Final Dividend Delta Corp. Limited at its board meeting held on May 7, 2024, approved recommendation of final dividend at 125% that is INR 1.25 per equity share. The dividend will be paid by the Company to the shareholders within 30 days from the date of approval of the same by the shareholders at the upcoming Annual General Meeting of the Company. Aankondiging • Feb 21
Ability Games Pvt. Ltd. and Ashtek Consultancy Private Limited entered into a share purchase agreement to acquire Caravella Entertainment Private Limited from Delta Corp Limited (BSE:532848) for INR 620 million. Ability Games Pvt. Ltd. and Ashtek Consultancy Private Limited entered into a share purchase agreement to acquire Caravella Entertainment Private Limited from Delta Corp Limited (BSE:532848) for INR 620 million on February 20, 2024. The transaction is expected to close on March 8, 2023. Reported Earnings • Jan 10
Third quarter 2024 earnings released: EPS: ₹1.29 (vs ₹3.17 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.29 (down from ₹3.17 in 3Q 2023). Revenue: ₹2.44b (down 11% from 3Q 2023). Net income: ₹344.8m (down 59% from 3Q 2023). Profit margin: 14% (down from 31% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Aankondiging • Oct 13
Delta Corp Limited Announces Management Changes Delta Corp. Limited at the Board Meeting held on 11 October, 2023 approved the appointment of Mr. Anil Malani as President of the Company effective from 11 October, 2023, as recommended by the Nomination, Remuneration and Compensation (NRC) Committee; Approved the appointment of Mr. Manoj Jain as Chief Operating Officer of the Company effective from 11 October, 2023, as recommended by the NRC Committee. Mr. Anil Malani has vast experience across a wide variety of industries throughout the course of his 35-plus-year career, from the hospitality and entertainment industries to IT, consumer electronics, office automation and renewable energy. He has led Delta Corp. Limited from the front as its `President - Operations' for the past 14 years and has been in charge of the group's casino and hospitality businesses. Mr. Malani and his hand-picked management team have made major contributions to the company's expansion and success in the last decade and have made `Deltin' a formidable brand in the luxury gaming, entertainment and hospitality sectors in India and Nepal. Mr. Malani, who holds a Bachelor of Commerce degree from Mumbai University, is also a first-generation entrepreneur who founded and managed successful ventures. He was also associated with Esquire Electronics Ltd. (Hong Kong), AIMS International Ltd, Amazon Food & Beverages Pvt Ltd. and Clover Solar Pvt Ltd. Manoj has been an integral part of the Delta Corp. family since July 2008, holding various significant roles within the organisation, with his journey culminating in his current multifaceted role in the position of Senior Vice President. He is responsible for overseeing the overall operations of Delta Corp.'s major portfolio of assets, Deltin Casinos & Hotels. With over two decades of work experience, Manoj's professional journey began during the formative years of Go Airlines, where he made significant contributions to their early expansion within the Indian and overseas markets. On the academic front, he holds an MBA from ICFAI Business School and is a graduate of MDSU, Ajmer. Aankondiging • Oct 12
Delta Corp Limited Approves the Appointment of Anil Malani as Chief Financial Officer Delta Corp. Limited at the Board Meeting held on 11 October, 2023 approved the appointment of Mr. Anil Malani as Chief Financial Officer as Key Managerial Personnel of the Company effective from 11 October, 2023, as recommended by the Nomination, Remuneration and Compensation (NRC) Committee. Mr. Anil Malani has vast experience across a wide variety of industries throughout the course of his 35-plus-year career, from the hospitality and entertainment industries to IT, consumer electronics, office automation and renewable energy. He has led Delta Corp. Limited from the front as its `President - Operations' for the past 14 years and has been in charge of the group's casino and hospitality businesses. Mr. Malani and his hand-picked management team have made major contributions to the company's expansion and success in the last decade and have made `Deltin' a formidable brand in the luxury gaming, entertainment and hospitality sectors in India and Nepal. Mr. Malani, who holds a Bachelor of Commerce degreefrom Mumbai University, is also a first-generation entrepreneur who founded and managed successful ventures. He was also associated with Esquire Electronics Ltd. (Hong Kong), AIMS International Ltd, Amazon Food & Beverages Pvt Ltd. and Clover Solar Pvt Ltd. Reported Earnings • Oct 12
Second quarter 2024 earnings released: EPS: ₹2.59 (vs ₹2.55 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.59 (up from ₹2.55 in 2Q 2023). Revenue: ₹2.83b (up 4.7% from 2Q 2023). Net income: ₹694.4m (up 1.7% from 2Q 2023). Profit margin: 25% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 05
Delta Corp Limited to Report Q2, 2024 Results on Oct 11, 2023 Delta Corp Limited announced that they will report Q2, 2024 results at 3:30 PM, Indian Standard Time on Oct 11, 2023 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹143, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 24x in the Hospitality industry in India. Total returns to shareholders of 36% over the past three years. Reported Earnings • Jul 15
Full year 2023 earnings released: EPS: ₹9.77 (vs ₹2.51 in FY 2022) Full year 2023 results: EPS: ₹9.77 (up from ₹2.51 in FY 2022). Revenue: ₹10.2b (up 66% from FY 2022). Net income: ₹2.61b (up 290% from FY 2022). Profit margin: 26% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 14
Delta Corp Limited to Report Q1, 2024 Results on Jul 25, 2023 Delta Corp Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Jul 25, 2023 New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (97% cash payout ratio). Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to ₹190, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 25x in the Hospitality industry in India. Total returns to shareholders of 106% over the past three years. Upcoming Dividend • Jun 30
Upcoming dividend of ₹1.25 per share at 0.5% yield Eligible shareholders must have bought the stock before 07 July 2023. Payment date: 03 September 2023. Payout ratio is a comfortable 13% and the cash payout ratio is 97%. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.4%). Aankondiging • Jun 22
Delta Corp Limited Recommends Final Dividend for the Year 2023 Delta Corp. Limited announced that at its board meeting held on April 11, 2023, recommended final dividend of INR 1.25 per share, subject to approval of the shareholders at the upcoming AGM. The record date 7th July, 2023 has been fixed for ascertaining entitlement for the payment of Final Dividend, if approved at the AGM. Aankondiging • Jun 20
Delta Corp Limited, Annual General Meeting, Aug 04, 2023 Delta Corp Limited, Annual General Meeting, Aug 04, 2023. Reported Earnings • Apr 15
Full year 2023 earnings released: EPS: ₹9.77 (vs ₹2.51 in FY 2022) Full year 2023 results: EPS: ₹9.77 (up from ₹2.51 in FY 2022). Revenue: ₹10.2b (up 66% from FY 2022). Net income: ₹2.61b (up 290% from FY 2022). Profit margin: 26% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 18
Third quarter 2023 earnings released: EPS: ₹3.17 (vs ₹2.64 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.17 (up from ₹2.64 in 3Q 2022). Revenue: ₹2.85b (up 15% from 3Q 2022). Net income: ₹848.2m (up 21% from 3Q 2022). Profit margin: 30% (up from 28% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 11
Delta Corp Limited to Report Q3, 2023 Results on Jan 17, 2023 Delta Corp Limited announced that they will report Q3, 2023 results on Jan 17, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Chetan Desai was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 12
Second quarter 2023 earnings released: EPS: ₹2.55 (vs ₹0.85 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹2.55 (up from ₹0.85 loss in 2Q 2022). Revenue: ₹2.80b (up 275% from 2Q 2022). Net income: ₹682.5m (up ₹908.2m from 2Q 2022). Profit margin: 24% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 28
Upcoming dividend of ₹1.25 per share Eligible shareholders must have bought the stock before 04 August 2022. Payment date: 24 September 2022. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.2%). Reported Earnings • Jul 13
First quarter 2023 earnings released: EPS: ₹2.14 (vs ₹1.08 loss in 1Q 2022) First quarter 2023 results: EPS: ₹2.14 (up from ₹1.08 loss in 1Q 2022). Revenue: ₹2.56b (up 238% from 1Q 2022). Net income: ₹571.3m (up ₹860.6m from 1Q 2022). Profit margin: 22% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹164, the stock trades at a trailing P/E ratio of 65.4x. Average trailing P/E is 47x in the Hospitality industry in India. Total loss to shareholders of 5.2% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Chetan Desai was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 12
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₹2.51 (up from ₹0.90 loss in FY 2021). Revenue: ₹6.54b (up 56% from FY 2021). Net income: ₹669.9m (up ₹910.9m from FY 2021). Profit margin: 10% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 65%. Earnings per share (EPS) also missed analyst estimates by 643%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 12
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: ₹2.64 (up from ₹0.05 in 3Q 2021). Revenue: ₹2.52b (up 109% from 3Q 2021). Net income: ₹703.8m (up ₹691.0m from 3Q 2021). Profit margin: 28% (up from 1.1% in 3Q 2021). Revenue missed analyst estimates by 65%. Earnings per share (EPS) also missed analyst estimates by 643%. Earnings per share (EPS) missed analyst estimates by 643%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Executive Departure • May 03
Non Executive Non-Independent Director has left the company On the 26th of April, Rakesh Jhunjhunwala's tenure as Non Executive Non-Independent Director ended after 10.5 years in the role. As of December 2020, Rakesh personally held 20.00m shares (₹3.2b worth at the time). Rakesh is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 28
Full year 2021 earnings released: ₹0.90 loss per share (vs ₹6.85 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹4.54b (down 41% from FY 2020). Net loss: ₹241.0m (down 113% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 05
New 90-day high: ₹177 The company is up 18% from its price of ₹151 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 14% over the same period. Reported Earnings • Feb 13
Third quarter 2021 earnings released: EPS ₹0.05 (vs ₹2.03 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.29b (down 37% from 3Q 2020). Net income: ₹12.8m (down 98% from 3Q 2020). Profit margin: 1.0% (down from 27% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 24% per year. Price Target Changed • Feb 02
Price target lowered to ₹150 Down from ₹228, the current price target is provided by 1 analyst. The new target price is close to the current share price of ₹153. As of last close, the stock is down 12% over the past year.