Delta Corp. Ltd. (India) (DELTACORP) AI Stock Analysis

• Market Cap: ₹20.59B
• Dividend Yield: 1.66%
• Average Volume (3M): 152.46K
• Price to Earnings (P/E): 8.1
• Beta (1Y): 1.06
• Revenue Growth: -6.41%
• EPS Growth: 63.84%
• Country: IN
• Employees: 2,484
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.94
• Shares Outstanding: 267,771,100
• 10 Day Avg. Volume: 88,920
• 30 Day Avg. Volume: 152,462
• PEG Ratio: 3.68
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 2.48
• P/FCF Ratio: -11.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹79.00 ▲(5.11% Upside)

Delta Corp.'s overall stock score is primarily influenced by its strong financial stability and attractive valuation. However, the bearish technical indicators and cash flow challenges weigh down the score. The lack of earnings call data and corporate events further limits the assessment.

Delta Corp. Ltd. (India) Business Overview & Revenue Model

Company Description

Delta Corp. Ltd. is a prominent Indian company engaged in the gaming and hospitality sectors. The company operates a range of businesses, including casinos, online gaming platforms, and hotels. Delta Corp. is known for its flagship casinos located in Goa and Sikkim, alongside its online gaming venture, which includes poker and other skill-based games. Additionally, the company is involved in real estate development, enhancing its portfolio and market presence.

How the Company Makes Money

Delta Corp. generates revenue primarily through its casino operations, which include both land-based and online gaming. The casinos attract local and international tourists, contributing significantly to revenue through gaming activities such as table games and electronic gaming machines. The online gaming segment offers a variety of skill-based games, including poker, which has seen substantial growth, especially during the pandemic. The company also earns income from its hospitality operations, including hotels connected to its casinos, which provide additional revenue through accommodations and related services. Strategic partnerships with technology providers enhance its online gaming platform, driving user acquisition and retention, further bolstering its revenue streams.

Delta Corp. Ltd. (India) Financial Statement Overview

Summary

Delta Corp. has a strong balance sheet with low leverage and a high equity ratio, ensuring financial stability. However, income statement performance is mixed, with strong profit margins but declining revenues. Cash flow management remains a concern, with negative free cash flow impacting liquidity.

Income Statement

Delta Corp. shows fluctuating revenue with a significant decrease in the latest year, indicating instability in revenue generation. Gross profit margin remains strong at 91.1% for 2025, driven by efficient cost management. However, net profit margin decreased slightly to 34.1%, suggesting challenges in controlling operational costs. The EBIT and EBITDA margins for 2025 are solid at 18.8% and 62.7%, respectively, indicating efficient operations despite revenue fluctuations.

Balance Sheet

The company maintains a robust equity position, with an equity ratio of 89.9% for 2025, reflecting financial stability. The debt-to-equity ratio is low at 0.013, indicating conservative leverage. Return on equity is strong at 9.3%, showcasing effective use of equity to generate profits. Overall, Delta Corp. demonstrates excellent financial stability with low debt levels and solid equity.

Cash Flow

Delta Corp. struggles with consistent free cash flow generation, recording negative free cash flow growth in 2025. The operating cash flow to net income ratio is 0.2, indicating limited cash conversion from profits. Additionally, the free cash flow to net income ratio is negative, highlighting the need for improved cash management. Cash flow challenges present potential risks to liquidity and growth initiatives.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.49B	7.30B	9.25B	9.64B	6.16B	4.19B
Gross Profit	6.43B	6.65B	5.43B	5.06B	2.66B	3.97B
EBITDA	4.18B	4.62B	4.00B	3.97B	1.60B	395.20M
Net Income	2.57B	2.49B	2.44B	2.61B	669.90M	-241.00M
Balance Sheet
Total Assets	0.00	29.62B	28.66B	25.47B	22.93B	21.63B
Cash, Cash Equivalents and Short-Term Investments	4.68B	4.68B	6.63B	6.75B	7.00B	5.72B
Total Debt	0.00	345.30M	515.10M	675.10M	453.30M	352.80M
Total Liabilities	-26.65B	2.98B	3.48B	3.26B	2.70B	2.19B
Stockholders Equity	26.65B	26.65B	25.18B	22.19B	20.22B	19.42B
Cash Flow
Free Cash Flow	0.00	-1.64B	-405.90M	345.50M	512.00M	425.10M
Operating Cash Flow	0.00	493.60M	1.70B	1.54B	1.27B	565.60M
Investing Cash Flow	0.00	10.10M	-1.11B	-730.00M	-363.20M	-104.80M
Financing Cash Flow	0.00	-606.80M	-540.00M	-520.80M	-444.30M	-802.60M

Delta Corp. Ltd. (India) Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 75.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DELTACORP, the sentiment is Negative. The current price of 75.16 is below the 20-day moving average (MA) of 78.49, below the 50-day MA of 81.47, and below the 200-day MA of 87.77, indicating a bearish trend. The MACD of -1.37 indicates Positive momentum. The RSI at 29.75 is Positive, neither overbought nor oversold. The STOCH value of 3.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DELTACORP.

Delta Corp. Ltd. (India) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHARDAMOTR	75 Outperform	₹62.16B	18.39	―	2.29%	2.35%	8.08%
WONDERLA	70 Outperform	₹36.35B	35.67	―	0.36%	-3.69%	-33.62%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
DELTACORP	61 Neutral	₹20.59B	8.08	―	1.66%	-6.41%	63.84%
IGARASHI	61 Neutral	₹15.55B	83.95	―	0.50%	5.42%	13.55%
RPSGVENT	54 Neutral	₹27.27B	-40.19	―	―	23.16%	40.07%
RAJESHEXPO	51 Neutral	₹53.66B	72.91	―	―	93.58%	93.53%

Delta Corp. Ltd. (India) Corporate Events

Delta Corp Limited Approves Q2 2025 Financial Results

Delta Corp Limited announced the approval of its unaudited financial results for the quarter and half-year ending September 30, 2025, during a board meeting held on October 15, 2025. The results, which include both standalone and consolidated figures, were reviewed by independent auditors and comply with the SEBI regulations. This announcement is significant for stakeholders as it provides insights into the company’s financial health and operational performance, potentially impacting its market positioning and investor confidence.

Delta Corp Announces Unaudited Financial Results for Q2 2025

Delta Corp Limited has announced its unaudited financial results for the quarter and half-year ending September 30, 2025. The Board of Directors approved these results during a meeting held on October 15, 2025. The financial statements, both standalone and consolidated, were prepared in compliance with Indian Accounting Standards and SEBI regulations, and reviewed by independent auditors who found no material misstatements.

Delta Corp Receives SEBI Compliance Certificate for Q3 2025

Delta Corp Limited has announced the receipt of a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending September 30, 2025. This certificate, provided by Purva Sharegistry India Private Limited, confirms that securities received for dematerialisation have been processed and listed on the relevant stock exchanges, ensuring compliance with regulatory requirements.