Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
investing succesffuly to reach your goals investing succesffuly to reach your goals
X

Delta Corp Ltd Stock Analysis

Small Cap
Evaluated by 3389 users | BSE: 532848 | NSE: DELTACORP |
Miscellaneous

Delta Corp (formerly Arrow Webtex Limited) which was engaged in the business of textiles and real estate development/consultancy, is now the only listed company engaged in the casino (live, electronic and online) gaming industry in India. It is the only...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Delta Corp Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Capital Employed 29.01%2.41%2.4%6.91%4.22%5.32%6.23%7.17%9.7%4.81%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2625439117194240278376475458231
Y-o-Y Gr. Rt.--79.4%-27.8%200.5%65.9%23.6%15.8%35.2%26.5%-3.6%-
Adjusted EPS (Rs.) 7.50.550.732.111.271.762.263.496.333.271.24
Y-o-Y Gr. Rt.--92.7%32.7%189%-39.8%38.6%28.4%54.4%81.4%-48.3%-
Book Value per Share (Rs.) 26.4729.4230.8435.6737.3338.1341.162.2370.7469.874.99
Adjusted Net Profit 15112.516.648.129.440.752.393.317188.633
Net Op. Cash Flow (Rs. Cr.) 10217.157.7-35151.167.981.7132129182-
Debt to Cash Flow from Ops 0.640.280.01-0.422.181.160.810.0200-
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Delta Corp Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.4%18.7%18.2%-3.6%
Adjusted EPS -8.8%20.8%13.1%-48.3%
Book Value per Share 11.413.319.3-1.3
Share Price 14% 13.2% -9.2% 100.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity (%) 35.11.932.376.353.514.665.697.119.514.61.71
Operating Profit Margin (%) 62.7218.37-10.9636.6636.4134.5235.0341.6745.2642.9517.75
Net Profit Margin (%) 57.8523.1142.5241.1115.1416.9418.8224.8336.0819.3314.34
Debt to Equity 0.120.0100.180.130.090.07000-
Working Capital Days 5193,6745,8331,549695610529400296217-
Cash Conversion Cycle -41031921772-1-4-6-12-
Entity Percentage Holding
Promoters 33.28%
Institutions 14.58%
Non-Institutions 52.14%
Pledged *4.966.087.327.3211.2611.2611.269.017.497.49
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Delta Corp Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Delta Corp Ltd is a below average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Delta Corp Ltd's performance infers:

Delta Corp Ltd earnings have grown by 20.8%, whereas share price has appreciated 13.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Delta Corp Ltd share prices over the last 10 years. Here is what we found out:

Delta Corp Ltd share price has appreciated 5.3% annually over the past ten years.

Delta Corp (formerly Arrow Webtex Limited) which was engaged in the business of textiles and real estate development/consultancy, is now the only listed company engaged in the casino (live, electronic and online) gaming industry in India. It is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. The company, along with its Subsidiaries, currently own and operate casinos in India, in the states of Goa and

Delta Corp (formerly Arrow Webtex Limited) which was engaged in the business of textiles and real estate development/consultancy, is now the only listed company engaged in the casino (live, electronic and online) gaming industry in India. It is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. The company, along with its Subsidiaries, currently own and operate casinos in India, in the states of Goa and Sikkim, offering thousands of gaming positions. In addition, the company has also ventured into the fast-growing online gaming space through its acquisition of Gauss Networks Private Limited, which operates the online poker site 'Adda52.com'. The company’s early-mover advantage has helped it to secure a leadership position, with the company holding three of the six offshore gaming licenses issued in Goa, one land based casino in Goa and one in Sikkim; and three online gaming sites.

The company currently operates three offshore casinos in Goa. It operates Deltin Royale and Deltin JAQK, amongst the country's two largest offshore casinos, and Deltin Caravela, the only floating hotel with a casino in India. The company also owns and operates the Deltin Suites, a 106 room, all-suite hotel with a casino located in Goa. The company also operate the Casino Deltin Denzong located at the Denzong Regency hotel in Gangtok, Sikkim. It also own and operate The Deltin, a 176 room five-star hotel in Daman, which is an integrated resort with a proposed casino. It also own and operate the online poker site 'Adda52.com', the online rummy site 'Adda52rummy.com' and the online fantasy sports site 'LeagueAdda.com'.

Business area of the company

The Company is engaged in three business segments i.e. Casino Gaming, Online Skill Gaming and Hospitality.

Casino Gaming: Deltin Royale, Goa; Deltin JAQK, Goa; Deltin Caravela, Goa; Deltin Suites Casino, Goa; Deltin Denzong, Sikkim; and Deltin Casino International, Kathmandu - Nepal.

Online Skill Gaming: Adda52.com - Poker; and Adda52.com - Rummy.

Hospitality: The Deltin, Daman; and Deltin Suites, Goa.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback