Delta Corp Limited engages in the gaming and entertainment, and hospitality businesses in India and internationally. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has Delta's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532848 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532848 underperformed the Indian Hospitality industry which returned -13.9% over the past year.
Return vs Market: 532848 underperformed the Indian Market which returned 4.3% over the past year.
Price Volatility Vs. Market
How volatile is Delta's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Delta undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 532848 (₹109.25) is trading below our estimate of fair value (₹112.81)
Significantly Below Fair Value: 532848 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 532848 is good value based on its PE Ratio (25.7x) compared to the IN Hospitality industry average (26.1x).
PE vs Market: 532848 is poor value based on its PE Ratio (25.7x) compared to the Indian market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532848's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532848 is overvalued based on its PB Ratio (1.5x) compared to the IN Hospitality industry average (0.7x).
How is Delta forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 532848's forecast earnings growth is above the savings rate (7.2%).
Earnings vs Market: Insufficient data to determine if 532848's earnings are forecast to grow faster than the Indian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 532848's revenue (21% per year) is forecast to grow faster than the Indian market (11.7% per year).
High Growth Revenue: 532848's revenue (21% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532848's Return on Equity is forecast to be low in 3 years time (9.9%).
How has Delta performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532848 has high quality earnings.
Growing Profit Margin: 532848's current net profit margins (18.1%) are lower than last year (25.3%).
Past Earnings Growth Analysis
Earnings Trend: 532848 has become profitable over the past 5 years, growing earnings by 34.6% per year.
Accelerating Growth: 532848's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532848 had negative earnings growth (-42.9%) over the past year, making it difficult to compare to the Hospitality industry average (-43.8%).
Return on Equity
High ROE: 532848's Return on Equity (5.8%) is considered low.
How is Delta's financial position?
Financial Position Analysis
Short Term Liabilities: 532848's short term assets (₹7.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 532848's short term assets (₹7.5B) exceed its long term liabilities (₹567.3M).
Debt to Equity History and Analysis
Debt Level: 532848 is debt free.
Reducing Debt: 532848 has no debt compared to 5 years ago when its debt to equity ratio was 31.8%.
Debt Coverage: 532848 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532848 has no debt, therefore coverage of interest payments is not a concern.
What is Delta current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532848's dividend (1.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).
High Dividend: 532848's dividend (1.37%) is low compared to the top 25% of dividend payers in the Indian market (2.23%).
Stability and Growth of Payments
Stable Dividend: 532848's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532848's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.3%), 532848's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 532848's dividends in 3 years are forecast to be well covered by earnings (20% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anil Malani (53 yo)
Mr. Anil Malani is President of Operations at Delta Corp since March 2019. Mr. Malani served as President & Chief Executive Officer at Delta Corp Limited since April 5, 2017 until March 2019. Mr. Malani se ...
|MD & Executive Director||11.92yrs||₹16.90m||0.16% |
|Group Chief Financial Officer||6.17yrs||₹10.10m||0.045% |
|Compliance Officer||4.5yrs||₹2.90m||0% |
|President of Operations & CEO||3.42yrs||no data||no data|
Experienced Management: 532848's management team is seasoned and experienced (5.3 years average tenure).
|MD & Executive Director||11.92yrs||₹16.90m||0.16% |
|Non Executive Non-Independent Director||9.92yrs||₹100.00k||7.49% |
|Non-Executive Chairman||no data||₹200.00k||33.04% |
|Non-Executive Independent Director||13.17yrs||₹100.00k||0.0062% |
|Non-Executive Independent Director||6.17yrs||₹300.00k||0.0029% |
|Non-Executive Independent Director||5.5yrs||₹300.00k||0.022% |
|Non-Executive Independent Director||6.17yrs||no data||0.00056% |
|Non-Executive Independent Director||3.5yrs||₹300.00k||no data|
Experienced Board: 532848's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Delta Corp Limited's company bio, employee growth, exchange listings and data sources
- Name: Delta Corp Limited
- Ticker: 532848
- Exchange: BSE
- Founded: 1990
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: ₹29.156b
- Shares outstanding: 266.88m
- Website: https://www.deltacorp.in
Number of Employees
- Delta Corp Limited
- Bayside Mall
- 2nd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532848||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2004|
|DELTACORP||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2004|
Delta Corp Limited engages in the gaming and entertainment, and hospitality businesses in India and internationally. The company owns and operates three offshore casinos, including Deltin Royale, Deltin JA ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 19:10|
|End of Day Share Price||2020/09/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.