Delta Property Fund Limited

JSE:DLT Stock Report

Market Cap: R242.8m

Delta Property Fund Management

Management criteria checks 2/4

Delta Property Fund's CEO is Bongi Masinga, appointed in Oct 2023, has a tenure of 2.42 years. total yearly compensation is ZAR5.41M, comprised of 83.4% salary and 16.6% bonuses, including company stock and options. directly owns 1.6% of the company’s shares, worth ZAR3.89M. The average tenure of the management team and the board of directors is 2.6 years and 1.8 years respectively.

Key information

Bongi Masinga

Chief executive officer

R5.4m

Total compensation

CEO salary percentage83.40%
CEO tenure2.4yrs
CEO ownership1.6%
Management average tenure2.6yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bongi Masinga's remuneration changed compared to Delta Property Fund's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2025n/an/a

-R83m

May 31 2025n/an/a

-R94m

Feb 28 2025R5mR5m

-R104m

Nov 30 2024n/an/a

-R104m

Aug 31 2024n/an/a

-R104m

May 31 2024n/an/a

-R85m

Feb 29 2024R4mn/a

-R66m

Nov 30 2023n/an/a

-R210m

Aug 31 2023n/an/a

-R354m

May 31 2023n/an/a

-R541m

Feb 28 2023R3mR3m

-R728m

Nov 30 2022n/an/a

-R664m

Aug 31 2022n/an/a

-R600m

May 31 2022n/an/a

-R372m

Feb 28 2022R4mR4m

-R145m

Nov 30 2021n/an/a

-R180m

Aug 31 2021n/an/a

-R216m

May 31 2021n/an/a

-R335m

Feb 28 2021R6mR2m

-R454m

Compensation vs Market: Bongi's total compensation ($USD322.55K) is about average for companies of similar size in the ZA market ($USD412.47K).

Compensation vs Earnings: Bongi's compensation has increased whilst the company is unprofitable.

CEO

Bongi Masinga (58 yo)

2.4yrs
Tenure
R5,411,000
Compensation

Mrs. Sibongile Masinga, also known as Bongi, BCom, serves as Chief Executive Officer at Delta Property Fund Limited from October 4, 2023. She is a Non-Executive Director at New Seasons Investment Holdings...

Leadership Team

NamePositionTenureCompensationOwnership
Sibongile Masinga
CEO & Executive Director2.4yrsR5.41m1.6%
ZAR 3.9m
Zwelifikile Mhlontlo
CFO & Executive Director2.7yrsR4.11mno data
On Tshabalala
Co-ownerno datano datano data
Nonhlanhla Nyathikazi
Human Resources Manager17.2yrsno datano data
Vasta Mhlongo
Company Secretary2.6yrsno datano data
2.6yrs
Average Tenure
58yo
Average Age

Experienced Management: DLT's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sibongile Masinga
CEO & Executive Director5.7yrsR5.41m1.6%
ZAR 3.9m
Zwelifikile Mhlontlo
CFO & Executive Director2.7yrsR4.11mno data
Paul Makwana
Independent Non-Executive Chairmanless than a yearno datano data
Sindiswa Zilwa
Lead Independent Non-Executive Director2.8yrsR810.00kno data
Leonard van Niekerk
Independent Non-Executive Directorless than a yearno datano data
Solly Mboweni
Independent Non-Executive Director1.8yrsR451.00kno data
Thomas Matlala
Independent Non- Executive Director1.8yrsR383.00kno data
Eugene Zungu
Independent Non-Executive Directorless than a yearno datano data
1.8yrs
Average Tenure
55.5yo
Average Age

Experienced Board: DLT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/09 21:03
End of Day Share Price 2026/03/09 00:00
Earnings2025/08/31
Annual Earnings2025/02/28

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

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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 Property Fund Limited is covered by 2 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
Nazeem SamsodienMacquarie Research
Mahir HamdulayMacquarie Research