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NSE:DELTACORP

DELTA CORP LIMITED

Consumer Services › Leisure Services
₹70.40
at close · 28 Oct 2026
▼ 0.60 (-0.85%)

Latest filings

  1. Delta Corp Q2 FY27 results: Rs 189 Cr H1 standalone loss on Rs 320 Cr GST provision · Results
  2. GST order on Deltin Denzong Casino, about Rs 3.08 crore demand with penalty · Regulatory & Legal
  3. Board meeting on 19 Oct to consider Q2 and H1 FY26-27 results · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates casino gaming and hospitality businesses, primarily in Goa, under the Deltin brand. Casino Gaming is the dominant segment, accounting for 642.59 cr of segment revenue (93.1% share) in the period ending 31 March 2026, with an EBIT margin of 13.7%. The Hospitality Division contributed 47.6 cr (6.9% share) and posted a negative EBIT margin of -4.0%. Casino operations are run from offshore cruise vessels on the River Mandovi in Goa, and the company is seeking court permission for a new cruise vessel to sail into the river. It also operates Deltin Hotel in Goa and has an arrangement being put to shareholder and creditor votes to consolidate Delta Corp, Deltin Hotel and Resorts, Delta Penland, and Deltin Cruises and Entertainment. A prior Online Skill Gaming division was wound down after the Online Gaming Act 2025, which led to a 378.34 cr write-down of online gaming investments. The biggest cost lines in FY26 are other operating expenses (332.01 cr, 48.2% of revenue) and employee costs (169.9 cr, 24.7%), with capex of 253.34 cr (36.8% of revenue) reflecting investment in vessels and properties.

Revenue mix · reported segments
Casino Gaming Division93.1%
Hospitality Division6.9%
Operating scale
Casino Gaming segment revenue
642.59 crFY26 (period ending 31 March 2026)
Hospitality segment revenue
47.6 crFY26 (period ending 31 March 2026)
Capex
253.34 crFY26
Employee cost
169.9 cr (24.7% of revenue)FY26
Debt-to-equity
0FY26
Online gaming investment write-down
378.34 cr (via OCI)FY26
Who pays it
Walk-in casino players and hotel guests at the company's Goa properties, primarily at Deltin-branded casinos on the River Mandovi and at Deltin Hotel.
Biggest cost
Other operating expenses at 48.2% of revenue, followed by employee costs at 24.7% of revenue.
Kind of business
Asset-heavy, cyclical leisure and gaming operator with a single dominant casino segment, no debt, and ongoing regulatory and tax exposure.
Where it sits
Operator of casino cruises and hotels in Goa under the Deltin brand, with pending GST show-cause notices totalling 24,959.69 cr facing the industry over the method of computing GST on gaming revenue.
Market Cap
₹1,885 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
1.78%
Growth
10.4%▲
Revenue 5y CAGR
PAT — · EBITDA +33.2%
Quality
12.9%▲
ROCE (5y median)
ROE 9.3% (5y median) · margin 24.1%
Leverage
0.00·
Debt / Equity · low
Net cash ₹76 Cr
Revenue FY21→FY26
1.6×▲
Margin +18.5 pts
₹419 Cr → ₹688 Cr
Cash conversion
0.70×·
Operating cash ÷ profit · 5 yrs
₹635 Cr on ₹909 Cr
Moves on a normal day
1.30%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 103 Leisure Services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#17/83
ROCE#54/101
ROE#50/83
Debt / Equity#1/82
EBITDA margin#83/85
Revenue growth#75/89
Profit growth#80/83

Scorecard

Measured from the filed financials, judged against its Leisure Services peers · as of FY26 — not investment advice

Strengths
No borrowings on the balance sheet
lower than 84% of its 82 Leisure Services peers
Pays out 39% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

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DELTACORP · price

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from DELTA CORP LIMITED's filed financials and exchange disclosures

What does DELTA CORP LIMITED do?

DELTA CORP LIMITED is a Leisure Services company listed on NSE and BSE, trading under the symbol DELTACORP.

Is DELTA CORP LIMITED profitable?

No. Over the trailing twelve months DELTA CORP LIMITED reported a net loss of ₹127 Cr on revenue of ₹857 Cr.

Does DELTA CORP LIMITED pay a dividend?

Yes. The dividend yield is 1.78% at the current price. It paid out 39% of its profit as dividend in FY26.

Is DELTA CORP LIMITED debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹76 Cr of cash.

How much does the DELTA CORP LIMITED share price move in a day?

On a typical session DELTA CORP LIMITED moves 1.30% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track DELTA CORP LIMITED's announcements?

Every NSE and BSE filing by DELTA CORP LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.