Delta share price & results
- Sept 2026
- Sept 2026
India's largest casino gaming operator, running offshore & land-based casinos in Goa and Sikkim, plus hotels.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 127 | −3.1% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 28.0 | 0.0 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | -80.0 | −463.6% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 7.02 | +4.2 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -16.13 | +3.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -11.94 | +8.2 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance −9.5% 1Y
1Y: ₹78.47 on 24 Oct 2025 → ₹70.99. High ₹85.43 (5 Oct 2026), low ₹49.34 (30 Mar 2026).
- Previous close
- ₹73.29
- Market cap
- ₹2.0k Cr
- 52-week range
- ₹49.34 – ₹85.43
- One year
- −8.98%
- Price to earnings (TTM to Sept 2026)
- 14.53×
- Return on equity (TTM to Sept 2026)
- 7.02%
Overview
- Symbol
- NSE:DELTACORP
- Sector
- Consumer Services
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Delta Corp does
Based on the company's own presentations, annual report and earnings calls.
Delta Corp Limited, operating under the Deltin brand, is India's largest organised casino gaming operator, running three offshore casino vessels and three land-based casinos across Goa and Sikkim. It earns from live gaming (tables, slot machines, poker) and from allied food, beverage and entertainment offerings at these venues. The company also runs a hospitality arm of casino-integrated hotels in Daman and Goa, which complements the gaming business by housing guests and providing banqueting, dining and event space. Delta Corp exited its online real-money gaming exposure in FY 2024-25, divesting its stake in subsidiary Deltatech Gaming (Adda52) to Head Digital Works.
Segments
- Casino Gaming
- Hospitality
- Casino properties
- 6 casinos (3 offshore vessels + 3 land-based) across Goa and Sikkim
- Total gaming positions (installed capacity)
- ~2,000 across all casinos
- Offshore casino vessels
- 3 - Deltin Royale, Deltin JAQK, King Casino (all in Goa)
- Land-based casinos
- 3 - Deltin Suites Casino and Deltin Zuri (Goa), Deltin Denzong (Sikkim, in partnership with Hotel Welcome Heritage)
- Hotel rooms
- 282 rooms across 2 hotels - The Deltin, Daman (176 rooms) and Deltin Suites, Goa (106 rooms)
- Flagship vessel scale
- Deltin Royale - Asia's largest offshore casino vessel, 5 decks, ~65,000 sq ft, 950+ gaming positions, 120+ live tables
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −464% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 150 | 136 | 131 | 131 | 118 | 120 | 133 | 127 |
| Expenses | 95 | 96 | 97 | 94 | 87 | 90 | 96 | 91 |
| Operating profit | 55 | 40 | 34 | 37 | 31 | 30 | 37 | 36 |
| Operating margin | 36.0% | 29.0% | 26.0% | 28.0% | 26.0% | 25.0% | 28.0% | 28.0% |
| Other income | 9 | 68 | 8 | 5 | 3 | 34 | -180 | -115 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 8 | 9 | 8 | 8 | 7 | 7 | 6 | 6 |
| Profit before tax | 54 | 98 | 33 | 33 | 26 | 57 | -150 | -86 |
| Tax rate | 24.0% | 39.0% | 22.0% | 31.0% | 26.0% | 12.0% | −27.0% | −6.0% |
| Net profit | 42 | 59 | 26 | 22 | 19 | 51 | -109 | -80 |
| EPS (₹ per share) | 1.55 | 2.22 | 0.97 | 0.84 | 0.72 | 1.89 | -4.08 | -2.99 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 1,007 | 636 | 575 | 500 |
| Expenses | 658 | 361 | 375 | 368 |
| Operating profit | 350 | 275 | 199 | 132 |
| Other income | 47 | 98 | 102 | 50 |
| Interest | 9 | 6 | 4 | 3 |
| Depreciation | 59 | 37 | 33 | 30 |
| Profit before tax | 329 | 331 | 263 | 149 |
| Net profit | 262 | 253 | 185 | 118 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 2,143 | 2,446 | 2,520 | 2,257 | 2,186 | 1,987 |
| Borrowings | 18 | 31 | 25 | 32 | 18 | 46 |
| Other liabilities | 135 | 169 | 139 | 264 | 156 | 459 |
| Total liabilities | 2,323 | 2,672 | 2,711 | 2,579 | 2,386 | 2,519 |
| Fixed assets | 682 | 703 | 677 | 968 | 655 | 647 |
| Capital work in progress | 20 | 66 | 78 | 315 | 87 | 84 |
| Investments | 1,322 | 1,606 | 1,565 | 493 | 1,176 | 1,139 |
| Other assets | 300 | 296 | 391 | 804 | 467 | 650 |
| Total assets | 2,323 | 2,672 | 2,711 | 2,579 | 2,386 | 2,519 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 55 | 139 | 223 | 186 | 113 | 116 |
| Cash from investing | -47 | -108 | -171 | -146 | -68 | -82 |
| Cash from financing | -43 | -28 | -39 | -39 | -46 | -44 |
| Net cash flow | -35 | 3 | 13 | 1 | 0 | -10 |
| Free cash flow | 51 | 130 | 182 | 99 | 119 | 100 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 5 | 2 | 3 | 4 | 3 | 2 |
| Inventory days | 342 | 204 | 140 | 115 | 123 | 144 |
| Days payable | 283 | 153 | 236 | 170 | 126 | 180 |
| Cash conversion cycle | 64 | 53 | -93 | -51 | -1 | -34 |
| Working capital days | 422 | 31 | 53 | 27 | 120 | 185 |
| Return on capital employed | 1.0% | 6.0% | 13.0% | 12.0% | 9.0% | 7.0% |
| Dividend payout | 31.0% | 43.0% | 15.0% | 13.0% | 18.0% | 11.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Casino Gaming contributes 89.9% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Casino Gaming 89.9%
₹151.85 crore
- Hospitality 9.8%
₹16.55 crore
- Others 0.3%
₹0.43 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Casino Gaming | 151.85 | 89.9% |
| Hospitality | 16.55 | 9.8% |
| Others | 0.43 | 0.3% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹168.83 crore
- Intersegment adjustment
- ₹0.28 crore
- Net segment revenue
- ₹168.55 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Casino Gaming | — | — | — | — | — | — | — | 90% | — |
| Hospitality | — | — | — | — | — | — | — | 10% | — |
| Others | — | — | — | — | — | — | — | <1% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Public hold 63.53% as of Sept 2026; institutions added 0.58 pts since Jun 2026.
- Promoters 34.46%
- Foreign institutions 1.66%
- Domestic institutions 0.34%
- Public 63.53%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.49% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Delta Corp above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 11.12% | unchanged | |
| 11.11% | unchanged | |
| 11.11% | unchanged | |
| 1.49% | newly disclosed | |
| 0.92% | unchanged | |
| 0.08% | unchanged | |
| 0.04% | unchanged | |
| 0.04% | unchanged | |
| 0.04% | unchanged | |
| 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in DELTACORP
Filings to Sep 2026
0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).
- Held by funds
- ₹5 Cr
- 1 schemes
- Biggest holder
- HDFC Large & Mid Cap Fund
- ₹5 Cr · 0.0% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Large & Mid Cap Fund HDFC Mutual Fund | ₹5 Cr | held | Dec '22 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Sep 2026
0 added, 0 trimmed — net 0 shares (+0.0%)
- Funds are sitting on
- -67%
- vs est. average cost
- Held by funds
- ₹5 Cr
- 1 schemes · ≈ 0.23% of the company
Shares held by these funds −97%
Oct '23 6.40 L shares Sep '26
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