Delta Corp shares slide over 3% as Q4 profit plunges 90% to Rs 16.45 crore – News Air Insight

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Shares of Delta Corp came under pressure on Thursday, falling 3.21% to Rs 65.94 after the company reported a sharp deterioration in its March quarter earnings.

The gaming and hospitality firm posted a steep 90% year-on-year decline in net profit for Q4FY26, with earnings dropping to Rs 16.45 crore from Rs 164.6 crore in the same period last year. The sharp fall highlights significant pressure on the company’s bottom line during the quarter.

Revenue performance was also subdued. Income from operations slipped 12% year-on-year to Rs 161.3 crore, compared to Rs 182.7 crore a year ago, indicating weakening demand and softer topline growth.

Operating metrics reflected similar stress. EBITDA declined 34.8% to Rs 27.7 crore, down from Rs 42.5 crore in the corresponding quarter last year, pointing to margin compression and rising cost pressures.

Despite the weak earnings, the company announced a final dividend of 50% (Rs 0.50 per equity share). The payout is subject to shareholder approval at the upcoming annual general meeting and is expected to be disbursed within 30 days of approval.


Delta Corp Stock Performance & Valuation


Over the past year, Delta Corp’s stock has fallen around 30%, reflecting sustained investor concerns. The company currently commands a market capitalisation of approximately Rs 1,820 crore. Its 52-week high stands at Rs 98.80, while the 52-week low is Rs 48.30.

On the valuation front, the stock trades at a price-to-earnings (P/E) ratio of 6.96, with a price-to-sales ratio of 3.06 and a price-to-book value of 0.61, suggesting relatively inexpensive valuations compared to historical levels.

From a technical perspective, the stock’s Relative Strength Index (RSI-14) stands at 70, indicating it is in overbought territory and could see a near-term pullback.

While the stock is trading above 6 out of its 8 key simple moving averages (SMAs), it remains below its long-term 150-day and 200-day SMAs, signalling mixed momentum with longer-term weakness still intact.

Shareholding Trends:

Institutional participation remained largely stable, though Foreign Institutional Investors (FIIs) slightly trimmed their stake to 1.61% in the March 2026 quarter from 1.64% earlier. Mutual fund holdings stayed unchanged at 0.24%, while promoter holdings remained steady at 34.47%.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



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