BSE:532848

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Executive Summary

Delta Corp Limited engages in the gaming and entertainment, and hospitality businesses in India and internationally. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

-1.1%

532848

-4.0%

IN Hospitality

-2.2%

IN Market


1 Year Return

-41.8%

532848

-20.6%

IN Hospitality

-0.8%

IN Market

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.


Shareholder returns

532848IndustryMarket
7 Day-1.1%-4.0%-2.2%
30 Day-8.2%1.9%-1.3%
90 Day16.0%18.1%8.0%
1 Year-40.9%-41.8%-17.1%-20.6%1.0%-0.8%
3 Year-41.9%-43.3%2.1%-7.9%2.8%-2.1%
5 Year47.9%43.8%40.8%24.2%43.1%32.4%

Price Volatility Vs. Market

How volatile is Delta's share price compared to the market and industry in the last 5 years?


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2 years ago | Simply Wall St

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Valuation

Is Delta undervalued compared to its fair value and its price relative to the market?

3.2%

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).


Next Steps

Future Growth

How is Delta forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

21.0%

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%).


Next Steps

Past Performance

How has Delta performed over the past 5 years?

34.6%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

What is Delta current dividend yield, its reliability and sustainability?

1.37%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Anil Malani (53 yo)

3.42yrs

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Ashish Kapadia
MD & Executive Director11.92yrs₹16.90m0.16%
₹ 46.4m
Hardik Dhebar
Group Chief Financial Officer6.17yrs₹10.10m0.045%
₹ 13.1m
Dilip Vaidya
Compliance Officer4.5yrs₹2.90m0%
₹ 0
Anil Malani
President of Operations & CEO3.42yrsno datano data

5.3yrs

Average Tenure

51yo

Average Age

Experienced Management: 532848's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashish Kapadia
MD & Executive Director11.92yrs₹16.90m0.16%
₹ 46.4m
Rakesh Jhunjhunwala
Non Executive Non-Independent Director9.92yrs₹100.00k7.49%
₹ 2.2b
Jaydev Mody
Non-Executive Chairmanno data₹200.00k33.04%
₹ 9.6b
Rajesh Jaggi
Non-Executive Independent Director13.17yrs₹100.00k0.0062%
₹ 1.8m
Ravinder Jain
Non-Executive Independent Director6.17yrs₹300.00k0.0029%
₹ 833.9k
Vrajesh Udani
Non-Executive Independent Director5.5yrs₹300.00k0.022%
₹ 6.6m
Alpana Chinai
Non-Executive Independent Director6.17yrsno data0.00056%
₹ 163.3k
Chetan Desai
Non-Executive Independent Director3.5yrs₹300.00kno data

6.2yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 532848's board of directors are considered experienced (6.2 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Delta Corp Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Delta Corp Limited
  • Bayside Mall
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400034
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532848BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2004
DELTACORPNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2004

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 19:10
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.