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Delta Corp Ltd

NSE: DELTACORP BSE: 532848

64.56

(-0.68)%

Fri, 06 Feb 2026, 06:37 am

Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are well covered by earnings (4.6x coverage).
  • Dividends after 3 years are expected to be well covered by earnings (6x coverage).
  • Delta's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Delta's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

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Pros

  • Delta's earnings are expected to exceed the low risk growth rate next year.
  • Delta's net income is expected to increase by more than 50% in 2 years time.
  • Performance (ROE) is expected to be above the current IN Hospitality industry average.
  • An improvement in Delta's performance (ROE) is expected over the next 3 years.
  • Delta's revenue growth is expected to exceed the India market average.
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Cons

  • Cash flow for Delta is expected to increase but not above the 50% threshold in 2 years time.
  • Delta is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
  • Delta's revenue is expected to increase but not above the 50% threshold in 2 years time.
  • Delta's revenue is expected to grow by 12.1% yearly, however this is not considered high growth (20% yearly).

health

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Pros

  • Delta is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Delta is profitable, therefore cash runway is not a concern.
  • Delta is profitable, therefore cash runway is not a concern.
  • Delta has no debt, it does not need to be covered by operating cash flow.
  • Delta has no debt, it does not need to be covered by short term assets.
  • Delta's cash and other short term assets cover its long term commitments.
  • Delta has no debt compared to 5 years ago when it was 42.7%.
  • Delta has no debt, therefore coverage of interest payments is not a concern.
  • Delta has no debt.
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Cons

  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the Delta board of directors is about average.
  • The average tenure for the Delta management team is over 5 years, this suggests they are a seasoned and experienced team.
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Cons

    misc

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    Pros

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      Cons

      • Delta has significant price volatility in the past 3 months.

      past

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      Pros

      • Delta has delivered over 20% year on year earnings growth in the past 5 years.
      • Delta used its assets more efficiently than the IN Hospitality industry average last year based on Return on Assets.
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      Cons

      • Delta's 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • Delta's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • Delta has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • Delta's 1-year earnings growth is negative, it can't be compared to the IN Hospitality industry average.

      value

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      Pros

      • Delta is good value based on earnings compared to the IN Hospitality industry average.
      • NSEI:DELTACORP is up 21.9% outperforming the Hospitality industry which returned 11.5% over the past month.
      • NSEI:DELTACORP is up 21.9% outperforming the market in India which returned 8% over the past month.
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      Cons

      • Delta's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
      • Delta's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
      • Delta is overvalued based on assets compared to the IN Hospitality industry average.
      • Delta is overvalued based on earnings compared to the India market.
      • DELTACORP underperformed the Hospitality industry which returned -35.6% over the past year.
      • DELTACORP underperformed the Market in India which returned -14.5% over the past year.

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      Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800