Delta Corp Ltd

Delta Corp Ltd

₹ 136 0.65%
14 Jun - close price
About

Delta Corp is currently operates in the Gaming, Hospitality and online skill gaming segment.(Source : 202003-01 Annual Report Page No:113)

Key Points

Business Mix FY23
1. Casino's (80%)[1]
The company operates 7 casinos in Goa, Sikkim, and Daman. It possesses and operates under both land-based and offshore licenses. [2]

  • Market Cap 3,646 Cr.
  • Current Price 136
  • High / Low 260 / 104
  • Stock P/E 17.5
  • Book Value 92.3
  • Dividend Yield 0.92 %
  • ROCE 11.8 %
  • ROE 8.97 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 24.0%
  • Company's median sales growth is 23.6% of last 10 years

Cons

  • Promoter holding is low: 33.3%
  • Company has a low return on equity of 8.00% over last 3 years.
  • Earnings include an other income of Rs.98.0 Cr.
  • Working capital days have increased from 135 days to 315 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
133 29 34 165 131 151 158 166 119 170 177 147 142
69 45 41 69 73 80 81 83 79 88 89 91 93
Operating Profit 64 -16 -8 96 59 71 77 83 39 82 88 56 49
OPM % 48% -56% -23% 58% 45% 47% 49% 50% 33% 48% 50% 38% 34%
3 5 5 2 -7 0 7 8 13 10 8 9 71
Interest 0 0 0 1 1 1 1 1 1 1 1 2 2
Depreciation 2 4 4 7 8 8 8 8 8 9 10 9 9
Profit before tax 64 -15 -7 90 42 64 76 82 44 83 85 54 109
Tax % 25% 24% 28% 26% 29% 27% 26% 10% 12% 26% 25% 23% 21%
48 -12 -5 67 30 47 56 74 39 61 64 41 87
EPS in Rs 1.80 -0.44 -0.19 2.50 1.12 1.74 2.10 2.77 1.46 2.30 2.40 1.54 3.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
39 117 194 240 278 376 475 458 202 359 594 636
43 74 123 157 181 219 264 266 171 221 317 361
Operating Profit -4 43 71 83 97 157 211 193 31 138 277 275
OPM % -11% 37% 37% 35% 35% 42% 44% 42% 15% 39% 47% 43%
32 51 10 -0 5 23 66 -22 82 5 28 98
Interest 0 13 16 15 14 5 1 2 1 5 9 5
Depreciation 0 5 12 11 12 15 16 19 16 31 30 37
Profit before tax 27 75 53 56 76 160 260 149 97 108 266 330
Tax % 19% 17% 40% 34% 31% 35% 29% 33% 10% 28% 19% 23%
22 62 32 37 53 105 183 100 87 77 216 253
EPS in Rs 0.95 2.73 1.38 1.61 2.27 3.91 6.77 3.67 3.25 2.88 8.07 9.46
Dividend Payout % 26% 9% 7% 12% 15% 26% 10% 41% 31% 43% 15% 13%
Compounded Sales Growth
10 Years: 18%
5 Years: 6%
3 Years: 47%
TTM: 7%
Compounded Profit Growth
10 Years: 17%
5 Years: 4%
3 Years: 125%
TTM: -5%
Stock Price CAGR
10 Years: 4%
5 Years: -5%
3 Years: -8%
1 Year: -45%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 8%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 23 23 23 23 23 27 27 27 27 27 27 27
Reserves 678 793 838 861 931 1,644 1,908 1,890 1,986 1,993 2,143 2,446
1 146 111 79 66 2 0 0 3 17 18 31
12 42 33 34 38 227 67 58 79 88 135 169
Total Liabilities 713 1,004 1,006 997 1,058 1,901 2,002 1,975 2,095 2,125 2,323 2,672
1 221 215 203 206 335 328 335 321 682 682 703
CWIP 0 1 1 0 0 2 6 5 4 5 20 66
Investments 82 478 427 404 420 986 1,350 1,349 1,408 1,237 1,322 1,606
629 304 363 390 432 579 318 285 362 200 300 296
Total Assets 713 1,004 1,006 997 1,058 1,901 2,002 1,975 2,095 2,125 2,323 2,672

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
58 -351 51 68 82 132 129 182 55 139 223 186
-105 447 -27 -15 -54 -578 -116 -82 -47 -108 -171 -146
-23 -70 -42 -50 -21 488 -48 -74 -43 -28 -39 -39
Net Cash Flow -71 27 -17 3 6 42 -35 27 -35 3 13 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 49 14 6 5 5 7 5 1 5 2 2 4
Inventory Days 1 414 290 292 226 169 173 342 204 140 106
Days Payable 2 176 149 142 165 120 174 283 153 206 156
Cash Conversion Cycle 48 14 244 145 155 68 54 -0 64 53 -64 -47
Working Capital Days 5,552 532 482 426 426 272 168 117 426 34 57 315
ROCE % 0% 8% 6% 8% 9% 11% 14% 10% 1% 6% 13%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
33.28% 33.28% 33.26% 33.23% 33.31% 33.32% 33.31% 33.28% 33.28% 33.26% 33.26% 33.26%
7.78% 6.61% 5.80% 6.21% 7.69% 6.72% 6.28% 5.35% 6.68% 5.06% 1.56% 1.91%
6.80% 6.79% 10.89% 10.94% 13.61% 12.84% 12.82% 14.50% 18.04% 15.73% 12.18% 8.93%
52.14% 53.32% 50.05% 49.63% 45.38% 47.11% 47.59% 46.88% 42.01% 45.96% 52.99% 55.90%
No. of Shareholders 1,84,2672,02,7622,63,4672,52,6032,81,6673,09,7083,24,5543,19,1062,67,8813,94,2234,32,3824,10,860

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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