Delta Corp Limited

NSEI:DELTACORP Stock Report

Market Cap: ₹17.2b

Delta Management

Management criteria checks 3/4

Delta's CEO is Ashish Kapadia, appointed in Apr 2009, has a tenure of 17.17 years. total yearly compensation is ₹33.10M, comprised of 64.7% salary and 35.3% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth ₹15.44M. The average tenure of the management team and the board of directors is 4.4 years and 5.6 years respectively.

Key information

Ashish Kapadia

Chief executive officer

₹33.1m

Total compensation

CEO salary percentage64.65%
CEO tenure17.2yrs
CEO ownership0.09%
Management average tenure4.4yrs
Board average tenure5.6yrs

Recent management updates

Analysis Article • Aug 17

Here's Why Shareholders May Want To Be Cautious With Increasing Delta Corp Limited's (NSE:DELTACORP) CEO Pay Packet

Key Insights Delta's Annual General Meeting to take place on 23rd of August CEO Ashish Kapadia's total compensation...

Recent updates

Analysis Article • Oct 28

Why Delta's (NSE:DELTACORP) Earnings Are Weaker Than They Seem

Even though Delta Corp Limited ( NSE:DELTACORP ) posted strong earnings recently, the stock hasn't reacted in a large...
Analysis Article • Apr 23

Delta Corp Limited (NSE:DELTACORP) Screens Well But There Might Be A Catch

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider Delta...
Analysis Article • Nov 20

Earnings Troubles May Signal Larger Issues for Delta (NSE:DELTACORP) Shareholders

A lackluster earnings announcement from Delta Corp Limited ( NSE:DELTACORP ) last week didn't sink the stock price. Our...
Analysis Article • Aug 17

Here's Why Shareholders May Want To Be Cautious With Increasing Delta Corp Limited's (NSE:DELTACORP) CEO Pay Packet

Key Insights Delta's Annual General Meeting to take place on 23rd of August CEO Ashish Kapadia's total compensation...
Analysis Article • Jul 12

Delta (NSE:DELTACORP) Is Due To Pay A Dividend Of ₹1.25

Delta Corp Limited ( NSE:DELTACORP ) has announced that it will pay a dividend of ₹1.25 per share on the 22nd of...
Analysis Article • May 21

Delta's (NSE:DELTACORP) Anemic Earnings Might Be Worse Than You Think

The subdued market reaction suggests that Delta Corp Limited's ( NSE:DELTACORP ) recent earnings didn't contain any...
Analysis Article • Mar 14

Is Delta (NSE:DELTACORP) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Sep 26

Delta (NSE:DELTACORP) Could Easily Take On More Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jul 01

Returns On Capital At Delta (NSE:DELTACORP) Have Hit The Brakes

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article • May 27

We Ran A Stock Scan For Earnings Growth And Delta (NSE:DELTACORP) Passed With Ease

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Jan 31

Here's Why We Think Delta (NSE:DELTACORP) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Dec 25

Delta (NSE:DELTACORP) Is Experiencing Growth In Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article • Jun 11

Delta (NSE:DELTACORP) Is Reinvesting At Lower Rates Of Return

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article • Feb 24

Capital Allocation Trends At Delta (NSE:DELTACORP) Aren't Ideal

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article • Jan 13

Here's Why Delta (NSE:DELTACORP) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Feb 02

Do Insiders Own Lots Of Shares In Delta Corp Limited (NSE:DELTACORP)?

A look at the shareholders of Delta Corp Limited ( NSE:DELTACORP ) can tell us which group is most powerful...
Analysis Article • Oct 18

Are Strong Financial Prospects The Force That Is Driving The Momentum In Delta Corp Limited's NSE:DELTACORP) Stock?

Delta (NSE:DELTACORP) has had a great run on the share market with its stock up by a significant 18% over the last...
Analysis Article • Oct 03

How Much Did Delta's(NSE:DELTACORP) Shareholders Earn From Share Price Movements Over The Last Three Years?

Delta Corp Limited (NSE:DELTACORP) shareholders should be happy to see the share price up 27% in the last quarter. But...
Analysis Article • Sep 18

What Type Of Shareholders Own The Most Number of Delta Corp Limited (NSE:DELTACORP) Shares?

If you want to know who really controls Delta Corp Limited (NSE:DELTACORP), then you'll have to look at the makeup of...
Analysis Article • Sep 03

Will The ROCE Trend At Delta (NSE:DELTACORP) Continue?

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article • Aug 19

Investors Interested In Delta Corp Limited's (NSE:DELTACORP) Earnings

Delta Corp Limited's (NSE:DELTACORP) price-to-earnings (or "P/E") ratio of 27.8x might make it look like a strong sell...
Analysis Article • Aug 17

Why Delta Corp Limited (NSE:DELTACORP) Could Be Worth Watching

Delta Corp Limited (NSE:DELTACORP), is not the largest company out there, but it led the NSEI gainers with a...
Analysis Article • Jul 31

Calculating The Fair Value Of Delta Corp Limited (NSE:DELTACORP)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Delta Corp Limited...

CEO Compensation Analysis

How has Ashish Kapadia's remuneration changed compared to Delta's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹853m

Dec 31 2025n/an/a

₹2b

Sep 30 2025n/an/a

₹3b

Jun 30 2025n/an/a

₹3b

Mar 31 2025₹33m₹21m

₹3b

Dec 31 2024n/an/a

₹2b

Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹55m₹19m

₹3b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹44m₹17m

₹3b

Dec 31 2022n/an/a

₹3b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹153m₹11m

₹670m

Dec 31 2021n/an/a

₹767m

Sep 30 2021n/an/a

₹76m

Jun 30 2021n/an/a

-₹248m

Mar 31 2021₹14m₹12m

-₹241m

Dec 31 2020n/an/a

-₹528m

Sep 30 2020n/an/a

₹10m

Jun 30 2020n/an/a

₹1b

Mar 31 2020₹17m₹15m

₹2b

Compensation vs Market: Ashish's total compensation ($USD347.62K) is above average for companies of similar size in the Indian market ($USD178.96K).

Compensation vs Earnings: Ashish's compensation has been consistent with company performance over the past year.

CEO

Ashish Kapadia (57 yo)

17.2yrs
Tenure
₹33,100,000
Compensation

Mr. Ashish Kiran Kapadia is an Executive Director at Deltatech Gaming Limited since July 17, 2018. Mr. Kapadia has been a Managing Director of Delta Corp Limited since April 27, 2009. He has been Non-Execu...

Leadership Team

NamePositionTenureCompensationOwnership
Ashish Kapadia
MD & Executive Director17.2yrs₹33.10m0.090%
₹ 15.4m
Anil Malani
President & CFO2.7yrs₹17.30mno data
Dilip Vaidya
VP of Secretarial10.3yrs₹5.30mno data
Manoj Jain
Chief Operating Officer2.7yrsno datano data
Anjali Mody
President of Projects for Design & Execution4.4yrsno datano data
4.4yrs
Average Tenure
57yo
Average Age

Experienced Management: DELTACORP's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ashish Kapadia
MD & Executive Director17.7yrs₹33.10m0.090%
₹ 15.4m
Jaydev Mody
Non-Executive Chairman19.3yrs₹800.00k0.92%
₹ 157.6m
Pankaj Razdan
Independent Director1.9yrs₹500.00kno data
Vrajesh Udani
Non-Executive Non Independent Director1.3yrs₹1.50m0.022%
₹ 3.9m
Chetan Desai
Independent Director9.3yrs₹1.60mno data
Tara Subramaniam
Independent Director1.9yrs₹900.00kno data
5.6yrs
Average Tenure
70yo
Average Age

Experienced Board: DELTACORP's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 21:05
End of Day Share Price 2026/06/10 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Delta Corp Limited is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Grant GovertsenCBRE Securities
null nullDBS Bank Ltd
Dhananjay SinhaEmkay Global Financial Services Ltd.