Delta Corp Ltd
Delta Corp is currently operates in the Gaming, Hospitality and online skill gaming segment.(Source : 202003-01 Annual Report Page No:113)
DELTA CORPORATION # is the largest gaming company in India and they are the only listed company in the casino gaming with 2000+ live gaming positions. They have managed to capture 55% of market share in the organized casino market and it has three major areas of business.
- Market Cap ₹ 4,471 Cr.
- Current Price ₹ 168
- High / Low ₹ 174 / 53.8
- Stock P/E
- Book Value ₹ 69.5
- Dividend Yield 0.90 %
- ROCE 12.3 %
- ROE 8.82 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's median sales growth is 21.18% of last 10 years
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 33.28%
- Company has a low return on equity of 9.71% for last 3 years.
- Earnings include an other income of Rs.26.88 Cr.
Peer comparison
Sector: Entertainment Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
171.58 | 187.25 | 201.12 | 205.15 | 204.29 | 186.51 | 200.84 | 205.13 | 180.93 | 48.34 | 38.37 | 120.82 | |
104.09 | 121.48 | 124.20 | 120.69 | 116.97 | 118.79 | 119.48 | 126.07 | 133.28 | 81.36 | 83.24 | 109.08 | |
Operating Profit | 67.49 | 65.77 | 76.92 | 84.46 | 87.32 | 67.72 | 81.36 | 79.06 | 47.65 | -33.02 | -44.87 | 11.74 |
OPM % | 39.33% | 35.12% | 38.25% | 41.17% | 42.74% | 36.31% | 40.51% | 38.54% | 26.34% | -68.31% | -116.94% | 9.72% |
Other Income | 7.58 | 8.26 | 8.28 | 5.51 | 13.51 | 8.21 | 7.20 | 8.26 | 10.37 | 12.97 | -4.57 | 8.11 |
Interest | 0.83 | 0.22 | 0.72 | 0.59 | 0.25 | 1.02 | 1.06 | 1.37 | 1.61 | 1.34 | 1.32 | 1.39 |
Depreciation | 9.43 | 9.35 | 9.41 | 9.47 | 9.45 | 10.96 | 12.03 | 12.43 | 13.11 | 13.39 | 13.94 | 13.66 |
Profit before tax | 64.81 | 64.46 | 75.07 | 79.91 | 91.13 | 63.95 | 75.47 | 73.52 | 43.30 | -34.78 | -64.70 | 4.80 |
Tax % | 29.53% | 35.37% | 36.43% | 36.99% | 37.77% | 33.85% | 22.01% | 25.33% | 33.67% | 17.57% | 14.17% | 78.33% |
Net Profit | 45.25 | 41.41 | 48.10 | 50.53 | 56.72 | 42.48 | 59.04 | 55.07 | 29.04 | -28.24 | -54.91 | 1.28 |
EPS in Rs | 1.69 | 1.55 | 1.78 | 1.87 | 2.09 | 1.57 | 2.18 | 2.03 | 1.07 | -1.05 | -2.04 | 0.05 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
101 | 132 | 376 | 365 | 425 | 559 | 300 | 375 | 455 | 608 | 798 | 773 | 388 | |
60 | 86 | 188 | 264 | 335 | 434 | 237 | 255 | 294 | 361 | 483 | 498 | 407 | |
Operating Profit | 41 | 46 | 188 | 101 | 90 | 125 | 63 | 121 | 161 | 246 | 314 | 276 | -18 |
OPM % | 41% | 35% | 50% | 28% | 21% | 22% | 21% | 32% | 35% | 41% | 39% | 36% | -5% |
Other Income | 8 | 11 | 6 | 13 | 18 | 42 | 6 | 12 | 9 | 30 | 36 | 34 | 27 |
Interest | 31 | 31 | 16 | 11 | 15 | 33 | 51 | 41 | 35 | 10 | 2 | 5 | 6 |
Depreciation | 3 | 6 | 6 | 6 | 8 | 17 | 35 | 36 | 36 | 37 | 38 | 49 | 54 |
Profit before tax | 15 | 21 | 172 | 96 | 85 | 117 | -17 | 56 | 99 | 228 | 311 | 256 | -51 |
Tax % | 37% | 39% | 4% | 30% | 40% | 44% | -64% | 36% | 28% | 32% | 37% | 28% | |
Net Profit | 7 | 12 | 166 | 50 | 29 | 35 | -23 | 38 | 74 | 156 | 197 | 186 | -53 |
EPS in Rs | 0.49 | 0.72 | 8.21 | 2.24 | 1.29 | 1.55 | -0.99 | 1.66 | 3.18 | 5.81 | 7.26 | 6.85 | -1.97 |
Dividend Payout % | 41% | 35% | 4% | 16% | 19% | 16% | -232% | 12% | 11% | 17% | 9% | 22% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 21% |
3 Years: | 19% |
TTM: | -51% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 58% |
3 Years: | 34% |
TTM: | -119% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 22% |
3 Years: | -20% |
1 Year: | 32% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 29 | 32 | 35 | 23 | 23 | 23 | 23 | 23 | 27 | 27 | 27 | 27 | |
Reserves | 181 | 231 | 559 | 729 | 751 | 753 | 742 | 812 | 897 | 1,656 | 1,915 | 1,928 | 1,828 |
Borrowings | 325 | 270 | 185 | 455 | 485 | 352 | 337 | 243 | 221 | 2 | 0 | 42 | 0 |
159 | 152 | 182 | 213 | 276 | 167 | 116 | 117 | 116 | 299 | 129 | 126 | 208 | |
Total Liabilities | 678 | 670 | 946 | 1,420 | 1,534 | 1,295 | 1,218 | 1,195 | 1,257 | 1,984 | 2,071 | 2,123 | 2,063 |
98 | 100 | 192 | 132 | 349 | 760 | 854 | 861 | 852 | 1,224 | 1,229 | 1,286 | 1,265 | |
CWIP | 27 | 30 | 82 | 411 | 522 | 99 | 4 | 3 | 1 | 4 | 13 | 7 | 6 |
Investments | 224 | 172 | 163 | 134 | 114 | 105 | 108 | 83 | 98 | 422 | 445 | 505 | 406 |
329 | 368 | 509 | 742 | 550 | 331 | 252 | 249 | 307 | 334 | 383 | 325 | 386 | |
Total Assets | 678 | 670 | 946 | 1,420 | 1,534 | 1,295 | 1,218 | 1,195 | 1,257 | 1,984 | 2,071 | 2,123 | 2,063 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-38 | 46 | 46 | 47 | 285 | 228 | 84 | 117 | 131 | 228 | 101 | 320 | |
2 | -45 | -148 | -335 | -413 | 65 | -25 | -17 | -65 | -436 | -78 | -216 | |
-35 | 29 | 120 | 356 | 42 | -284 | -93 | -98 | -59 | 301 | -73 | -83 | |
Net Cash Flow | -71 | 31 | 18 | 68 | -86 | 8 | -34 | 2 | 7 | 93 | -50 | 21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 8% | 10% | 29% | 11% | 9% | 13% | 3% | 8% | 12% | 15% | 16% | 12% |
Debtor Days | 42 | 14 | 3 | 65 | 12 | 44 | 28 | 14 | 3 | 5 | 3 | 0 |
Inventory Turnover | 0.18 | 0.09 | 0.49 | 0.57 | 0.74 | 1.52 | 0.62 | 0.66 | 0.67 | 0.76 | 0.72 | 0.63 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Feb
- Un-Audited Financial Results For The Quarter And Nine Months Ended 31.12.2020 12 Feb
- Outcome Of Board Meeting Dated 12.02.2021 12 Feb
- Board Meeting Intimation for Considering And Approving The Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended 31St December, 2020. 5 Feb
- Shareholding for the Period Ended December 31, 2020 19 Jan
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse