DELTACORP
Delta Corp Limited
Casinos, online poker and related amusement assets operator
Consumer Discretionary›Consumer Services›Leisure Services›Amusement Parks/ Other Recreation
deltin.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹81.04
Market cap
2,171 Cr
Stock P/E
Loss (TTM EPS ₹-5.85)
P/B
0.96
Dividend yield
1.5%
ROE (FY26)
3.8%
ROCE (FY26)
5.3%
Operating margin (FY26)
12.2%
OCF / EBITDA (FY26)
103.4%
OCF / EBITDA (3Y)
58.0%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
Delta Corp runs casinos and hotels in India, including a live-gaming presence in Goa, and earns most of its revenue from casino gaming.
Company snapshot
3rdBy market cap
Ranked among 3 companies in Amusement Parks/ Other Recreation.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 90.3% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Casino Gaming Division | 90.3% | 175 Cr | 34 Cr | 903 Cr |
| Hospitality Division | 7.4% | 14 Cr | 3 Cr | 1,048 Cr |
| Online Skill Gaming Division | 23.4% | 45 Cr | -18 Cr | 312 Cr |
Shares add up to 121% because segment revenues are before inter-segment eliminations.
What we see
Positives
- ✓Interest coverage of 14.1x — earnings comfortably cover interest obligations.
1 more signal from the filings.Sign in free to see them all
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 271 Cr | 232 Cr | 195 Cr | 181 Cr | 188 Cr | 194 Cr | 183 Cr | 184 Cr | 183 Cr | 160 Cr | 161 Cr | 169 Cr |
| Operating expenses (approx.) | 171 Cr | 176 Cr | 153 Cr | 150 Cr | 154 Cr | 162 Cr | 140 Cr | 145 Cr | 143 Cr | 136 Cr | 134 Cr | 138 Cr |
| EBITDA | 100 Cr | 56 Cr | 42 Cr | 31 Cr | 34 Cr | 32 Cr | 43 Cr | 39 Cr | 40 Cr | 24 Cr | 28 Cr | 31 Cr |
| OPM % | 37.0% | 24.1% | 21.4% | 16.9% | 18.0% | 16.5% | 23.3% | 21.2% | 21.7% | 15.0% | 17.2% | 18.2% |
| Other income | 12 Cr | 13 Cr | 18 Cr | 15 Cr | 19 Cr | 13 Cr | 14 Cr | 12 Cr | 8 Cr | 7 Cr | 14 Cr | 10 Cr |
| Interest | 3 Cr | 3 Cr | 3 Cr | 2 Cr | 2 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 0.98 Cr | 3 Cr | 2 Cr |
| Depreciation | 17 Cr | 16 Cr | 15 Cr | 14 Cr | 14 Cr | 14 Cr | 13 Cr | 12 Cr | 12 Cr | 10 Cr | 13 Cr | 10 Cr |
| Profit before tax | 92 Cr | 50 Cr | 92 Cr | 32 Cr | 38 Cr | 29 Cr | 237 Cr | 38 Cr | 36 Cr | 19 Cr | 22 Cr | -280 Cr |
| Tax % | 24.9% | 30.4% | 21.3% | 32.5% | 28.2% | -21.4% | 30.7% | 22.4% | 29.6% | 23.6% | 24.2% | 24.0% |
| Net profit | 69 Cr | 35 Cr | 72 Cr | 22 Cr | 27 Cr | 36 Cr | 165 Cr | 29 Cr | 25 Cr | 14 Cr | 16 Cr | -213 Cr |
| EPS (₹) | ₹2.59 | ₹1.29 | ₹2.70 | ₹0.81 | ₹1.01 | ₹1.33 | ₹6.15 | ₹1.10 | ₹0.94 | ₹0.53 | ₹0.61 | ₹-7.93 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 455 Cr | 608 Cr | 798 Cr | 773 Cr | 419 Cr | 616 Cr | 1,021 Cr | 925 Cr | 730 Cr | 688 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 291 Cr | 361 Cr | 479 Cr | 498 Cr | 406 Cr | 486 Cr | 670 Cr | 632 Cr | 543 Cr | 558 Cr | Sign in free for the trailing twelve months |
| EBITDA | 164 Cr | 247 Cr | 319 Cr | 276 Cr | 13 Cr | 130 Cr | 350 Cr | 293 Cr | 187 Cr | 131 Cr | Sign in free for the trailing twelve months |
| OPM % | 36.1% | 40.7% | 39.9% | 35.7% | 3.1% | 21.0% | 34.3% | 31.7% | 25.6% | 19.0% | Sign in free for the trailing twelve months |
| Other income | 5 Cr | 29 Cr | 31 Cr | 33 Cr | 35 Cr | 38 Cr | 46 Cr | 57 Cr | 57 Cr | 41 Cr | Sign in free for the trailing twelve months |
| Interest | 35 Cr | 10 Cr | 2 Cr | 5 Cr | 5 Cr | 6 Cr | 10 Cr | 11 Cr | 6 Cr | 6 Cr | Sign in free for the trailing twelve months |
| Depreciation | 36 Cr | 37 Cr | 38 Cr | 49 Cr | 53 Cr | 56 Cr | 59 Cr | 64 Cr | 50 Cr | 47 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 99 Cr | 228 Cr | 309 Cr | 256 Cr | -18 Cr | 98 Cr | 329 Cr | 326 Cr | 337 Cr | 114 Cr | Sign in free for the trailing twelve months |
| Tax % | 28.3% | 32.3% | 36.4% | 27.9% | -41.7% | 30.5% | 20.3% | 25.0% | 26.0% | 25.2% | Sign in free for the trailing twelve months |
| Net profit | 71 Cr | 155 Cr | 196 Cr | 185 Cr | -26 Cr | 68 Cr | 262 Cr | 245 Cr | 249 Cr | 85 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹3.19 | ₹5.92 | ₹7.30 | ₹6.85 | ₹-0.90 | ₹2.51 | ₹9.77 | ₹9.12 | ₹9.30 | ₹3.19 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | — | 39.3% | 12.7% | 13.7% | 13.4% | 39.2% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 23 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr |
| Reserves | 897 Cr | 1,656 Cr | 1,915 Cr | 1,928 Cr | 1,915 Cr | 1,995 Cr | 2,192 Cr | 2,491 Cr | 2,638 Cr | 2,225 Cr |
| Borrowings | 61 Cr | 1 Cr | 0.19 Cr | — | — | — | — | — | — | — |
| Other liabilities | 260 Cr | 285 Cr | 145 Cr | 184 Cr | 219 Cr | 270 Cr | 326 Cr | 348 Cr | 298 Cr | 322 Cr |
| Total liabilities | 1,257 Cr | 1,984 Cr | 2,095 Cr | 2,142 Cr | 2,163 Cr | 2,293 Cr | 2,547 Cr | 2,866 Cr | 2,962 Cr | 2,574 Cr |
| Fixed assets (net) | 716 Cr | 822 Cr | 825 Cr | 877 Cr | 831 Cr | 794 Cr | 811 Cr | 896 Cr | 852 Cr | 859 Cr |
| CWIP | 0.24 Cr | 3 Cr | 10 Cr | 5 Cr | 5 Cr | 7 Cr | 22 Cr | 176 Cr | 279 Cr | 468 Cr |
| Investments | 98 Cr | 422 Cr | 445 Cr | 505 Cr | 560 Cr | 638 Cr | 560 Cr | 665 Cr | 667 Cr | 282 Cr |
| Loans & advances | — | — | 8 Cr | 10 Cr | 7 Cr | 12 Cr | 32 Cr | 54 Cr | 61 Cr | 69 Cr |
| Inventories | 70 Cr | 70 Cr | 96 Cr | 107 Cr | 116 Cr | 145 Cr | 193 Cr | 19 Cr | 19 Cr | 19 Cr |
| Trade receivables | 4 Cr | 8 Cr | 7 Cr | 0.49 Cr | 4 Cr | 3 Cr | 5 Cr | 10 Cr | 5 Cr | 4 Cr |
| Cash & bank | 31 Cr | 123 Cr | 73 Cr | 94 Cr | 60 Cr | 96 Cr | 125 Cr | 127 Cr | 89 Cr | 76 Cr |
| Other assets | 338 Cr | 534 Cr | 631 Cr | 544 Cr | 580 Cr | 598 Cr | 800 Cr | 920 Cr | 990 Cr | 797 Cr |
| Total assets | 1,257 Cr | 1,984 Cr | 2,095 Cr | 2,142 Cr | 2,163 Cr | 2,293 Cr | 2,547 Cr | 2,866 Cr | 2,962 Cr | 2,574 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 131 Cr | 229 Cr | 101 Cr | 320 Cr | 57 Cr | 127 Cr | 154 Cr | 170 Cr | 49 Cr | 135 Cr |
| Cash from investing | -65 Cr | -460 Cr | -78 Cr | -215 Cr | -10 Cr | -36 Cr | -73 Cr | -111 Cr | 1 Cr | -95 Cr |
| Cash from financing | -59 Cr | 301 Cr | -73 Cr | -83 Cr | -80 Cr | -44 Cr | -52 Cr | -60 Cr | -89 Cr | -54 Cr |
| Net cash flow | 7 Cr | 69 Cr | -50 Cr | 21 Cr | -34 Cr | 37 Cr | 28 Cr | 2 Cr | -38 Cr | -14 Cr |
| Free cash flow (OCF − Capex) | 111 Cr | 80 Cr | 41 Cr | 253 Cr | 43 Cr | 51 Cr | 35 Cr | -41 Cr | -164 Cr | -118 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 13.4% | 14.1% | 15.9% | 13.3% | -0.6% | 5.1% | 15.3% | 13.4% | 12.8% | 5.3% |
| ROE % | 7.9% | 9.2% | 10.1% | 9.5% | -1.2% | 3.3% | 11.8% | 9.7% | 9.3% | 3.8% |
| Debtor days | 3 | 5 | 3 | 0 | 3 | 2 | 2 | 4 | 3 | 2 |
| Inventory days | 805 | 716 | 536 | 698 | 1392 | 799 | 623 | 76 | 108 | 124 |
| Days payable | 150 | 148 | 67 | 123 | 224 | 81 | 51 | 145 | 129 | 151 |
| Cash conversion cycle | 658 | 573 | 472 | 575 | 1171 | 720 | 574 | -65 | -18 | -24 |
| OCF / EBITDA % | 79.8% | 92.5% | 31.8% | 115.9% | 434.4% | 97.6% | 44.0% | 58.0% | 26.4% | 103.4% |
| OCF / EBITDA % (3 years) | — | — | 63.2% | 77.2% | 78.6% | 120.1% | 68.4% | 58.3% | 45.0% | 58.0% |
| Debt / equity | 0.07 | 0.0009 | 0.0001 | — | — | — | — | — | — | — |
| Current ratio | 1.18 | 2.58 | 6.35 | 5.93 | 4.72 | 4.38 | 4.76 | 3.61 | 3.72 | 2.17 |
| Net debt / EBITDA | 0.18 | -0.49 | -0.23 | -0.34 | -4.59 | -0.74 | -0.36 | -0.43 | -0.48 | -0.58 |