Delta Corp Limited (DELTACORP) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Delta Corp Limited stock ₹50.04, price ₹81.13, that is 38.3% below the price, quality 48 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range ₹49.34 – ₹322.05 · fair‑value band ₹43.70 – ₹53.55 · the ₹81.13 price screens above the ₹50.04 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Delta Corp Limited, together with its subsidiaries, operates in the gaming and entertainment, and hospitality businesses in India and internationally. It operates through Casino Gaming and Hospitality segments.
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The Casino Gaming segment operates offshore casinos, including Deltin Royale, Deltin JAQK, and King Casino in Goa; land-based casinos, such as Deltin Suites Casino and Deltin Zuri in Goa, and Deltin Denzong in Sikkim.
The Hospitality segment operates The Deltin, a five-star hotel, which includes rooms, gourmet restaurants, and bars, as well as indoor event place, swimming pools, and indoor and outdoor games located in Daman; and Deltin Suites, an all-suite hotel with a casino, restaurant, a bar, and a gym and spa facilities located in Goa. Delta Corp Limited was incorporated in 1990 and is based in Mumbai, India.
Stock analysis
Delta Corp Limited (DELTACORP) currently trades at ₹81.13, while our model-based Fair Value estimate is ₹50.04, 38% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹62.43 per share, and 1 of the 16 models we run sit above the ₹81.13 price.
Bear case: the Asset-Based group reads lowest at ₹6.53, and 15 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹43.70 (bear) to ₹53.55 (bull), the price of ₹81.13 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Delta Corp Limited reported revenue of ₹6.9B in FY2026 versus ₹6.2B in FY2022, a compound +2.8%/yr. Reported net income was ₹853M in FY2026, compounding +6.2%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹21.7B (≈ $231M) Micro · P/S ratio 2.91 · EPS (TTM) ₹−10.69 · Dividend yield 0.6% · Net margin −44.4% · Return on equity −13.7% · Return on assets (EBIT) 9.7% (5-year average) · Operating margin 11.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 5% below its 52-week high and 64% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 33% fair-value upside, at −38%, DELTACORP screens richer than that median.
Fair Value models
Bear₹43.70Fair Value ₹50.04Bull₹53.55
Price ₹81.13 · Downside -38.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.38/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.4%
Start year 2021 (pandemic). Over 10 years: +6.2% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.9%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−6.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−7.4%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−7.4% vs 2.4%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−8% → 12%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Resorts & Casinos · 64 stocks
Beats the industry median on 3/10 measures
Overall it trails its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−38.3% · Bottom 25%
Profitability
Return on assets3.3% · Above median
Net margin (12 months)−44.4% · Bottom 25%
Operating margin (12 months)11.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)−12.8% · Bottom 25%
Dividend yield (12 months)0.6% · Bottom 25%
Valuation Multiplesvs Resorts & Casinos median · lower = cheaper
P/B0.96× · Cheaper than median
P/S (12 months)3.35× · Priciest 25%
EV/EBITDA21.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 47
FUTURE (revenue growth)0· sector 14
PAST (return on equity)0· sector 22
HEALTH (low debt)100· sector 84
DIVIDEND (yield)12· sector 62
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Delta Corp Limited (DELTACORP) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ₹50.04 versus a price of ₹81.13, about 38% lower (overvalued).
What is the fair value of DELTACORP?
Our model-based fair value for Delta Corp Limited is ₹50.04 (as of Nov 7, 2026), built from audited fundamentals. The current price: ₹81.13.
What is the quality score of DELTACORP?
Delta Corp Limited has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Delta Corp Limited (DELTACORP)?
Our model-based price target is the fair value of ₹50.04 (as of Nov 7, 2026) from 16 valuation models. Cautious scenario ₹43.70, optimistic scenario ₹53.55. It is a calculation from audited fundamentals, not an analyst target.
What is the Delta Corp Limited stock forecast for 2026?
Our models put fair value at ₹50.04, about 38% lower versus a price of ₹81.13 (overvalued). Cautious scenario ₹43.70, optimistic scenario ₹53.55. The calculation is refreshed regularly with new filings.
What is the revenue of Delta Corp Limited (DELTACORP)?
Delta Corp Limited reported trailing-twelve-month revenue of about ₹6.5B (latest available figure, as of Nov 7, 2026).
Does Delta Corp Limited pay a dividend?
Delta Corp Limited currently shows a dividend yield of 0.62% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Delta Corp Limited (DELTACORP) and when is the ex-dividend date?
Delta Corp Limited pays a dividend of ₹0.5 per share a year, a dividend yield of 0.6%. The last ex-dividend date was Aug 17, 2026. A dividend has been paid every year since at least 2008. The payout ratio is 15.7% of earnings. Our assessment: Token dividend. At a yield of 0.6% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.6% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of Delta Corp Limited (DELTACORP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Delta Corp Limited it is ₹50.04 per share (as of Nov 7, 2026), against a price of ₹81.13. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Delta Corp Limited stock overvalued or undervalued in 2026?
As of Nov 7, 2026, DELTACORP trades above its calculated fair value: price ₹81.13, fair value ₹50.04, a gap of about −38% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DELTACORP?
No. The price is what the market pays today (₹81.13); the fair value is what the company's own numbers justify (₹50.04). For Delta Corp Limited the two are ₹31.09 per share apart. That gap is exactly why we show both numbers side by side.
How much is Delta Corp Limited worth?
The market values Delta Corp Limited at about ₹21.7B (market capitalisation, as of Nov 7, 2026). Per share that is ₹81.13; our models calculate a fair value of ₹50.04 per share.
What do the bullish and bearish scenarios say about DELTACORP?
Our models span a range for Delta Corp Limited: cautious scenario ₹43.70, base ₹50.04, optimistic ₹53.55 per share (as of Nov 7, 2026, price ₹81.13). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Delta Corp Limited (DELTACORP)?
Balance-sheet figures for Delta Corp Limited (as of Nov 7, 2026): return on equity −13.7%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is DELTACORP from its 52-week high?
Delta Corp Limited trades at ₹81.13, about 5% below its 52-week high of ₹85.43 and 64% above the low of ₹49.34 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ₹50.04 is for.
Which stocks are comparable to Delta Corp Limited?
From the same area (Consumer Cyclical) we also value Las Vegas Sands Corp, Galaxy Entertainment Group, Sands China Ltd, Wynn Resorts, Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Delta Corp Limited stock attractive at the current price?
The data as of Nov 7, 2026: price ₹81.13, calculated fair value ₹50.04 (−38%), Quality Score 48/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DELTACORP calculated?
We run Delta Corp Limited through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ₹50.04 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. Delta Corp Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Delta Corp Limited (DELTACORP)?
The closing price on Nov 9, 2026 was ₹81.13. Our model-based fair value is ₹50.04, about 38% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Delta Corp Limited right now?
The price sits above even our optimistic bull case (₹53.55). The favourable scenario is already priced in. Weak quality (48/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of Delta Corp Limited (DELTACORP) come from?
Earnings per share at Delta Corp Limited grew +13.2 % a year from 2016 to 2026. Broken into its drivers: revenue per share +5.8 %, EBIT margin +1.7 %, tax rate +0.7 %, residual (interest, one-offs) +4.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Delta Corp Limited
How large is the market capitalisation of Delta Corp Limited (DELTACORP)?
The market capitalisation of Delta Corp Limited is ₹21.7B (≈ $231M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Delta Corp Limited (DELTACORP)?
The price-to-sales ratio of Delta Corp Limited is 2.91 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Delta Corp Limited (DELTACORP)?
Earnings per share at Delta Corp Limited are ₹−10.69. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Delta Corp Limited (DELTACORP)?
The dividend yield of Delta Corp Limited is 0.6%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Delta Corp Limited (DELTACORP)?
The net margin of Delta Corp Limited is −44.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Delta Corp Limited (DELTACORP)?
The return on equity (ROE) of Delta Corp Limited is −13.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Delta Corp Limited (DELTACORP)?
On an EBIT basis the return on assets of Delta Corp Limited is 9.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Delta Corp Limited (DELTACORP)?
The operating margin of Delta Corp Limited is 11.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Delta Corp Limited (DELTACORP)?
Revenue at Delta Corp Limited is growing −12.8% versus a year earlier (3y avg −10.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Delta Corp Limited (DELTACORP)?
Earnings per share at Delta Corp Limited are growing −90.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Delta Corp Limited (DELTACORP) generate?
The free cash flow of Delta Corp Limited is −₹1.2B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Delta Corp Limited (DELTACORP) hold?
Delta Corp Limited holds more cash than debt, ₹284M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 7, 2026