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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Delta Corp Ltd

About the Company - Delta Corp Ltd

Delta Corp Ltd. is a Public Limited Listed company incorporated on 05/11/1990 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65493PN1990PLC058817 and registration number is 058817. Currently Company is involved in the business activities of Gambling and betting activities. Company’s Total Operating Revenue is Rs. 359.06 Cr. and Equity Capital is Rs. 26.73 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Amusement Parks/Recreation10, Kumar Place, Pune Maharashtra 411001secretarial@deltin.com
http://www.deltacorp.in
Management
NamePosition Held
Mr. Jaydev ModyNon Executive Chairman
Mr. Ashish KapadiaManaging Director
Mr. Rajesh JaggiIndependent Director
Mr. Ravinder Kumar JainIndependent Director
Dr. Vrajesh UdaniIndependent Director
Mrs. Alpana Piramal ChinaiIndependent Director
Mr. Chetan DesaiIndependent Director

Delta Corp Ltd. Share Price Update

Share PriceValue
Today₹124.35
Previous Day₹124.00

Basic Stock Data of Delta Corp Ltd

Last Updated: April 10, 2024, 3:35 am

Market Cap 3,387 Cr.
Current Price 126
High / Low260/110
Stock P/E15.2
Book Value 87.7
Dividend Yield0.98 %
ROCE16.3 %
ROE12.4 %
Face Value 1.00

Data Source: screener.in

Delta Corp Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales381212117675247218250270273227273271
Expenses8310913210494140149163170171167177171
Operating Profit-451279-28-1910769881001026096100
OPM %-117%10%37%-37%-25%43%32%35%37%37%26%35%37%
Other Income-58117841261012191412
Interest1111122223223
Depreciation14141213141416141515151617
Profit before tax-65577-35-269564789396629292
Tax %14%78%25%18%14%26%24%26%27%12%17%26%25%
Net Profit-56158-29-227148576985516869
EPS in Rs-2.040.052.17-1.08-0.852.641.802.142.553.171.912.542.59

Delta Corp Ltd Quarterly Chart

Delta Corp Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3654255593003754556087987734196161,0211,044
Expenses264330408233244293360482486397477654686
Operating Profit101951516713116124731528822139366358
OPM %28%22%27%22%35%36%41%40%37%5%23%36%34%
Other Income13131622929353327304657
Interest1115335141351021614162410
Depreciation681735363637384953565962
Profit before tax9685117-175699228311256-1898329343
Tax %30%40%44%-64%36%28%32%37%28%-42%30%20%
Net Profit674964-283671155196185-2668262274
EPS in Rs2.241.291.55-0.991.663.185.817.266.85-0.902.519.7710.21
Dividend Payout %16%19%16%-232%12%11%17%9%22%-111%50%13%

Delta Corp Ltd Profit & Loss Yearly Chart

Delta Corp Ltd Growth

Compounded Sales Growth
10 Years:9%
5 Years:11%
3 Years:10%
TTM:-1%
Compounded Profit Growth
10 Years:24%
5 Years:13%
3 Years:12%
TTM:-15%
Stock Price CAGR
10 Years:2%
5 Years:-14%
3 Years:-9%
1 Year:-34%
Return on Equity
10 Years:6%
5 Years:7%
3 Years:5%
Last Year:12%

Delta Corp Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital23232323232327272727272727
Reserves7297517537428128971,6561,9151,9281,9151,9952,1922,321
Preference Capital1200000000000
Borrowings45548535233724322120035456871
Other Liabilities213276167116117116299129168165210250333
Total Liabilities1,4201,5341,2951,2181,1951,2571,9842,0712,1232,1422,2762,5362,752
Fixed Assets1323497608548618521,2241,2291,2861,2421,1971,2111,195
CWIP411522994314137672289
Investments1341141051088398422445505560638560634
Other Assets742550331252249307334383325334435744833
Total Assets1,4201,5341,2951,2181,1951,2571,9842,0712,1232,1422,2762,5362,752

Delta Corp Ltd Reserves and Borrowings Chart

Delta Corp Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 472852288411713122810131957127154
Cash from Investing Activity -335-41365-25-17-65-436-78-215-10-45-74
Cash from Financing Activity 35642-284-93-98-59301-73-83-80-44-52
Net Cash Flow68-868-342793-5021-343728

Delta Corp Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days65124428143530322
Inventory Days7484351191,2361,0219631,6081,210
Days Payable21163030521418016499
Cash Conversion Cycle79143213495882178653031,4461,113
Working Capital Days4402248024-29-66702346464
ROCE %10%8%12%3%8%11%15%16%14%0%5%16%

Delta Corp Ltd Financial Efficiency Indicators Chart

Delta Corp Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters33.28%33.28%33.28%33.26%33.23%33.31%33.32%33.31%33.28%33.28%33.26%33.26%
FIIs8.14%7.78%6.61%5.80%6.21%7.69%6.72%6.28%5.35%6.68%5.06%1.56%
DIIs7.38%6.80%6.79%10.89%10.94%13.61%12.84%12.82%14.50%18.04%15.73%12.18%
Public51.20%52.14%53.32%50.05%49.63%45.38%47.11%47.59%46.88%42.01%45.96%52.99%
No. of Shareholders1,66,0701,84,2672,02,7622,63,4672,52,6032,81,6673,09,7083,24,5543,19,1062,67,8813,94,2234,32,382

Delta Corp Ltd Shareholding Pattern Chart

No. of Delta Corp Ltd Shareholders

Delta Corp Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
HDFC Small Cap Fund - Regular Plan112897150.62144.34
HDFC Mid-Cap Opportunities Fund - Regular Plan111140230.3142.09
Quant Small Cap Fund99051791.33126.64
Quant Active Fund16262180.3420.79
Kotak Equity Arbitrage Fund - Regular Plan9996000.0412.78
HDFC Large and Mid Cap Fund - Regular Plan6397020.078.18
Axis Arbitrage Fund4956000.26.34
SBI Arbitrage Opportunities Fund3696000.024.73
HSBC Arbitrage Fund2324000.172.97
Invesco India Arbitrage Fund1960000.032.51

Delta Corp Ltd ROCE Trend

Delta Corp Ltd EPS Trend

Delta Corp Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)9.772.51-0.906.857.30
Diluted EPS (Rs.)9.752.49-0.906.857.29
Cash EPS (Rs.)11.964.650.998.618.64
Book Value[Excl.RevalReserv]/Share (Rs.)83.0075.6772.8372.2771.99
Book Value[Incl.RevalReserv]/Share (Rs.)83.0075.6772.8372.2771.99
Revenue From Operations / Share (Rs.)38.1523.0515.7028.5529.45
PBDIT / Share (Rs.)14.836.271.8211.4112.92
PBIT / Share (Rs.)12.634.18-0.159.6211.53
PBT / Share (Rs.)12.273.67-0.699.4611.62
Net Profit / Share (Rs.)9.772.55-0.976.827.25
NP After MI And SOA / Share (Rs.)9.772.51-0.906.857.26
PBDIT Margin (%)38.8627.2211.5739.9643.87
PBIT Margin (%)33.1218.12-0.9933.6939.14
PBT Margin (%)32.1715.90-4.4333.1339.45
Net Profit Margin (%)25.6111.07-6.2223.8924.62
NP After MI And SOA Margin (%)25.6010.87-5.7524.0024.66
Return on Networth / Equity (%)11.773.31-1.249.4910.13
Return on Capital Employeed (%)14.545.36-0.2012.9315.79
Return On Assets (%)10.262.92-1.118.669.39
Asset Turnover Ratio (%)0.250.160.090.220.23
Current Ratio (X)4.714.334.675.876.30
Quick Ratio (X)3.843.643.995.025.49
Inventory Turnover Ratio (X)0.530.400.270.000.00
Dividend Payout Ratio (NP) (%)12.7939.820.0031.3722.03
Dividend Payout Ratio (CP) (%)10.4421.670.0024.8718.49
Earning Retention Ratio (%)87.2160.180.0068.6377.97
Cash Earning Retention Ratio (%)89.5678.330.0075.1381.51
Interest Coverage Ratio (X)41.2828.488.9161.09196.63
Interest Coverage Ratio (Post Tax) (X)28.2113.90-2.1537.38111.34
Enterprise Value (Cr.)4708.968725.894259.631681.646834.24
EV / Net Operating Revenue (X)4.6114.1610.172.178.57
EV / EBITDA (X)11.8752.0287.865.4419.53
MarketCap / Net Operating Revenue (X)4.7414.3310.322.298.65
Retention Ratios (%)87.2060.170.0068.6277.96
Price / BV (X)2.184.372.230.903.55
Price / Net Operating Revenue (X)4.7414.3310.322.298.65
EarningsYield0.050.01-0.010.100.02

Delta Corp Ltd Profitability Ratios (%)

Delta Corp Ltd Liquidity Ratios

Delta Corp Ltd Liquidity Ratios (%)

Delta Corp Ltd Interest Coverage Ratios (%)

Delta Corp Ltd Valuation Ratios

Fair Value of Delta Corp Ltd Stock

Fair Value: 166.92

The stock is undervalued by 32.47% compared to the current price ₹126

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness of Delta Corp Ltd Stock

StrengthWeakness
  1. The company has higher reserves (1,431.23 cr) compared to borrowings (0.92 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (438.08 cr) and profit (152.54 cr) over the years.
  1. The stock has a low average ROCE of 9.83%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 67.33, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 327.92, which may not be favorable.

FAQ

What is the latest fair value of Delta Corp Ltd?

The latest fair value of Delta Corp Ltd is 166.92.

What is the Market Cap of Delta Corp Ltd?

The Market Cap of Delta Corp Ltd is 3,387 Cr..

What is the current Stock Price of Delta Corp Ltd as on 13 April 2024?

The current stock price of Delta Corp Ltd as on 13 April 2024 is 126.

What is the High / Low of Delta Corp Ltd stocks in FY 2024?

In FY 2024, the High / Low of Delta Corp Ltd stocks is ₹260/110.

What is the Stock P/E of Delta Corp Ltd?

The Stock P/E of Delta Corp Ltd is 15.2.

What is the Book Value of Delta Corp Ltd?

The Book Value of Delta Corp Ltd is 87.7.

What is the Dividend Yield of Delta Corp Ltd?

The Dividend Yield of Delta Corp Ltd is 0.98 %.

What is the ROCE of Delta Corp Ltd?

The ROCE of Delta Corp Ltd is 16.3 %.

What is the ROE of Delta Corp Ltd?

The ROE of Delta Corp Ltd is 12.4 %.

What is the Face Value of Delta Corp Ltd?

The Face Value of Delta Corp Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Delta Corp Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE