Delta Corp Limited has informed the Exchange that Board of Directors at its meeting held on April 22, 2026, recommended Final Dividend of Rs. 0.50 per equity share.
DELTACORP · price
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Delta Corp reported FY2026 standalone net profit of Rs. 118.21 Crores, down sharply from Rs. 185.31 Crores in FY2025 — a ~36% decline. Revenue from operations fell to Rs. 499.97 Crores from Rs. 574.64 Crores, reflecting challenges in the gaming business. The Board recommended a final dividend of Rs. 0.50 per equity share (50% on face value of Rs. 1), subject to shareholder approval at the AGM. This dividend is unchanged from the prior year (Rs. 0.50 per share). Two major concerns emerged: GST show-cause notices totaling Rs. 24,959.69 Crores are pending (industry-wide dispute over gross bet value vs. gaming revenue), and the Online Gaming Act 2025 has forced a complete write-down (Rs. 378.34 Crores via OCI) of the company's investments in online gaming entities, which have ceased operations.
The dividend offer is modest given the earnings decline and current market price — yield is low. Investors should focus more on the ongoing Rs. 25,000 Crore GST dispute and the impact of the online gaming ban on business sustainability rather than the dividend signal.