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Delta Corp Ltd Miscellaneous
₹ 85.00 -1.63 (-1.88%)
  • NSE
  • BSE

Overview

  • BSE Code 532848
  • NSE Symbol DELTACORP
  • ISIN Demat INE124G01033
  • Book Value (₹) 95.12
  • Face Value (₹) 1.00
  • Market Cap (₹ Cr.) 2,419.85
  • P/E (TTM) 16.67
  • EPS (TTM) 5.42
  • Div Yield (%) 1.38

Performance

Today’s Low 84.81
Today’s High 88.40

85.00
52W Low 76.66
52W High 142.18

85.00
Open 86.72
Prev. Close 86.63
Volume 10,28,820.00

Corporate Actions

Delta Corp Limited - Dividend
Apr 22, 2025

Delta Corp Limited has informed the Exchange that Board of Directors at its meeting held on April 22, 2025, recommended Final Dividend of 1.25 per equity share.

Delta Corp Limited - Dividend
Apr 22, 2025

Delta Corp Limited has informed the Exchange that Board of Directors at its meeting held on April 22, 2025, recommended Final Dividend of Rs. 1.25 per equity share.

Delta Corp Limited - Outcome of Board Meeting
Apr 22, 2025

Delta Corp Limited has informed the Exchange regarding Outcome of Board Meeting held on April 22, 2025.

Delta Corp Limited - Change in Management
Apr 22, 2025

Delta Corp Limited has informed the Exchange about change in Management

Delta Corp Limited - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
Apr 22, 2025

DELTA CORP LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

Delta Corp Limited - Outcome of Board Meeting-XBRL
Apr 22, 2025

DELTA CORP LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 22-Apr-2025 for Dividend

About Delta Corp Ltd

Delta Corp Ltd is a fast growing Indian company operational in the entertainment & gaming, real estate, hospitality and aviation segments of the industry. The company is a diversified company. The company along with their subsidiaries currently operates in real estate business, real estate consultancy services, real estate development in Kenya, entertainment and gaming business, chartered aviation business and hospitality business.

Delta Corp Ltd was formally created and deployed as a legal entity as a private limited company under the name Creole Holdings Company Pvt Ltd on November 5, 1990. The company became a deemed public limited company due to the acquisition of shares by finolex group and name was changed to Creole Holdings Company Ltd on June 2, 1992.

During the year 2003-04, the Finolex Cables Ltd divested their shareholding in the company and thus the company ceased to be a subsidiary of Finolex Cables Ltd. In September 25, 2003, the company was converted into a private limited company. In September 15, 2006, they converted into a public limited adopted new set of MOA and AOA.

During the year 2006-07, as per the Scheme of Amalgamation, the company named Arrow Webtex Ltd merged with the company with effect from April 1, 2005. Pursuant to the scheme, the name of the company was changed from Creole Holdings Company Ltd to Arrow Webtex Ltd with effect from May 18, 2007. In November 2006, the company completed the expansion plan at the Narrow Woven Fabric division.

During the year 2007-08, the executed a strategic acquisition of the equity shares of AAA Aviation Pvt Ltd, AAA Real Land Developers Pvt Ltd, J M Real Estate Pvt Ltd, Jayem Realty Solutions Pvt Ltd, Delta Pan Africa Ltd and Richtime Realty Pvt Ltd and thus these companies became the subsidiaries of the company. Further, the company divested 10,000 equity shares in Aryanish Finance and Investments Pvt Ltd, thereby the said company ceased to be a subsidiary company. In December 2007, Highstreet Cruises and Entertainment Pvt Ltd, a subsidiary company purchased 100% equity of Victor Hotels and Motels Ltd.

The company through their subsidiaries took up new projects and business ventures in entertainment and gaming aviation and hospitality. In January 2008, the company broadened its footprint operations into into a joint venture with the Reliance Industries Ltd, and formed a company namely Delta Corp East Africa Ltd for developing real estate projects in East Africa. They incorporated AAA Aviation Pvt Ltd to handle the aviation business and provide chartered flights.

The company's subsidiary Highstreet Cruises and Entertainment Pvt Ltd, which is operating the gaming business created and deployed a 15,000 sq ft gaming Casino Vessel called the 'Casino Royale Goa', which is operating on the Mandovi river in Goa. It is India's largest indigenously built-casino live gaming and entertainment vessel. In addition, they created and deployed a approx 5,000 sq ft off-shore casino vessel widely referred to as the 'King's Casino' situated on the Mandovi river in Goa.

During the year 2008-09, the company de-merged their textile business into a separate company called Arrow Textiles Ltd with effect from April 1, 2008. Also, they changed the name of the company from Arrow Webtex Ltd to Delta Corp Ltd with effect from 31st October, 2008. They commenced flight-chartering services during the year.

The company executed a strategic acquisition of 100% equity shares in Mundus Hospitality Pvt Ltd for a total consideration of Rs 77.52 lakh. Also, they executed a strategic acquisition of 100% equity interest in Delta Holding USA Inc for a total consideration of Rs 428.20 lakh.

The company divested their shares in AAA Real Land Developers Private Limited and JM Realty Management Pvt. Ltd and thereby the said companies ceased to be subsidiaries of the company. In addition, they divested 22,000 equity shares in Pavurotti Finance & Investment Pvt Ltd, thereby they decreased their holding interest from 43% to 21%.

In November 2008, the company commenced their operations in Casino Royale, India's largest entertainment vessel that can cater to 888 customers at a time, including approximately 450 gaming customers. In March 2009, Dacapo Brokerage India Pvt Ltd executed a strategic acquisition of 55.87% interest in the company.

The joint venture company, Delta Corp East Africa Ltd has made a tie up with with Team Management Services (TMS) Consulting Group Ltd, a multidisciplinary firm that specializes in making available consultancies in all major areas of the built environment including Architecture, Construction Management, Project Management and Engineering.

The company is in the business of hospitality segment through their subsidiary, Delta Hospitality Pvt Ltd. This subsidiary owns 35% equity in Advani Hotels and Resorts India Ltd, which owns Ramada Hotel, a five star, beach-front property and Casino Goa, an offshore casino in Goa. In addition, the company formed a joint venture with Peninsula Land Ltd, namely PLL-Delta Hotels Pvt Ltd for setting up 3 and 4 star business hotels in urban locations in Western and Southern India.

The company executed a strategic acquisition of riverine land of 810.85 square meters at Betim and 2,700 square meters at Reis Magos village to develop jetties, which will provide feeder services to the casinos. Delta Corp East Africa Ltd is developing two commercial projects and they intend to commence development work on the remaining projects in the near future.

During the first quarter of the financial year 2009-10, J M Real Estate Pvt Ltd and Jayem Realty Solutions Pvt Ltd, ceased to be the subsidiaries of the company and Pavurroti Finance and Investment Pvt Ltd, ceased to be the associate of the company.

Founded: 1990
Chairman: Jaydev Mody
Managing Director: Ashish Kapadia
Address: 10 Kumar Place, 2408 General Thimayya Road, Pune, Maharashtra, 411001,
HO Tel: