Delta Corp Ltd
DELTACORPDelta Corp Ltd is cheap for a reason. The P/E sits at the 30th percentile of its own range, and the quarters are still getting worse.
The sharpest disagreement: the price moved −28.6% in a year while annual EPS moved −65.7% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a downtrend (152 weeks in) while the P/E sits at the 30th percentile of its own 10-year range. Underneath, the last four quarters read deteriorating — profit −90.3% year on year, and 61% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Delta Corp Ltd trades at ₹64.4, in a downtrend and 152 weeks into that stage. That is −8.7% against its own 200-day average. It sits at 31% of a 52-week range of ₹54 to ₹88. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (5 weeks and counting).
Today the stock is in a downtrend — week 152 of stage 4, confirmed. At ₹64.4 it trades −8.7% versus its 200-day average and sits at 31% of its 52-week range (₹54–₹88).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +3% while the NIFTY 500 moved +274% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (5 weeks and counting; last ahead the week of 2026-06-24) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 30th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Delta Corp Ltd trades at 18.9× P/E, near the bottom of its own range — cheaper only 30% of the time. Its long-run median P/E is 25.1×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 18.9× is near the bottom of its own range — cheaper only 30% of the time, against a long-run median of 25.1× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved −65.7% against a −28.6% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 10y, of the −3.5%/yr price move, ~+4.6%/yr came from earnings growth and ~−8.1 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Delta Corp Ltd reads as deteriorating on its fundamental arc. Deteriorating — revenue and profit growth are shrinking (revenue growth −12.0% latest (single-quarter readings) against +3.4% at its 12-quarter best), ROCE slipping at 5.0%. The read is built from 10 quarters across 3 curves, on partial evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −5.8% | −10.6% | +10.4% | +6.3% |
| Profit | −65.9% | −31.3% | — | +9.0% |
| EPS | −65.7% | −31.1% | — | +6.8% |
| Share price | −28.6% | −29.5% | −18.9% | −3.5% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
41.5/100 — rank 21 of 36 in Miscellaneous · 77% evidence confidence
Delta Corp Ltd scores 41.5 out of 100 against the 36 companies it is compared with in Miscellaneous, ranking 21. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 11.3 + 12.2 + 12.4 + 5.6 = 41.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Delta Corp Ltd reported ₹161 Cr of revenue in the Mar 26 quarter, −12.0% year on year. Over 10 years it has compounded at 6.3% a year. The last full year, FY26, came in at ₹688 Cr. The last four reported quarters add to ₹688 Cr.
Delta Corp Ltd reported ₹161 Cr of revenue in the Mar 26 quarter, −12.0% year on year. Over 10 years it has compounded at 6.3% a year. The last full year, FY26, came in at ₹688 Cr. The last four reported quarters add to ₹688 Cr.
FY26 revenue came in at ₹688 Cr (−5.8% on the year), capping 10 years at 6.3% compound. The latest quarter (Mar 26) printed ₹161 Cr, −12.0% year on year.
Pace check: the last four quarters averaged −6.4% growth against the decade's 6.3% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −6.5% over the last 4 quarters against −13.9%/yr over the last 8 — accelerating; TTM profit −66.4% vs −41.3%/yr — rolling over.
→ Revenue slipped — did margins hold as it scaled? Next: 17.0% this quarter (−5.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Delta Corp Ltd's operating margin is 17.0% in the Mar 26 quarter, −5.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 5.0% to 41.0%. The current quarter sits inside that band.
Delta Corp Ltd's operating margin is 17.0% in the Mar 26 quarter, −5.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 5.0% to 41.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 17.0%, −5.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 5.0%–41.0%.
🚨 Why the margin moved: operating margin went −5.0 pp year on year while gross margin went +0.5 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
→ Margins slipped — did that reach the bottom line? Next: profit −90.3% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Delta Corp Ltd earned ₹16.0 Cr of net profit in the Mar 26 quarter, −90.3% year on year. Full-year FY26 profit was ₹85.0 Cr. The 10-year compound rate is 9.0%. That is 9.9% of the quarter's revenue. The same quarter a year earlier earned ₹165 Cr.
Delta Corp Ltd earned ₹16.0 Cr of net profit in the Mar 26 quarter, −90.3% year on year. Full-year FY26 profit was ₹85.0 Cr. The 10-year compound rate is 9.0%. That is 9.9% of the quarter's revenue. The same quarter a year earlier earned ₹165 Cr.
Mar 26 profit was ₹16.0 Cr, −90.3% year on year. On the full year, FY26 printed ₹85.0 Cr (−65.9%), and the 10-year compound rate is 9.0%.
🚨 Why profit moved: revenue contributed −12.0% and the margin −5.0 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit −31.8% vs revenue −6.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
→ Profit rose — but did the cash follow? Next: 61% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 61% of Delta Corp Ltd's reported profit arrived as operating cash — most of the profit is real cash. In FY26 that was ₹135 Cr of operating cash against ₹85.0 Cr of profit. After ₹292 Cr of capital spending, ₹−157 Cr was left as free cash.
FY26: operating cash of ₹135 Cr against reported profit of ₹85.0 Cr, leaving free cash of ₹−157 Cr after ₹292 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 61% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 61%: the cash cycle tightened 27 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 2.8× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹425 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Delta Corp Ltd's cash conversion cycle runs −24 days in FY26, down from 3 days in FY21. Capital spending ran ₹425 Cr over the last 3 years. At FY26 sales of ₹688 Cr each day of that cycle holds about ₹1.9 Cr, so roughly ₹−45.0 Cr sits inside the business at any moment.
FY26: debtors at 2 days, inventory at 124 days — roughly 4.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −24 days, tighter than FY21's 3.
The full loop: cash goes out to suppliers and production on day 0; stock waits 124 days to sell; customers pay about 2 days after that; and suppliers themselves are paid at 151 days — netting out to the −24-day cycle.
In money terms: at FY26 sales of ₹688 Cr, each day of the cycle holds about ₹1.9 Cr — so the −24-day loop keeps roughly ₹−45.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹425 Cr over the last 3 fiscal years against ₹153 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹468 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 5% and the ROIC − WACC spread is −8.8 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Delta Corp Ltd earns a ROCE of 5% in FY26. That is up from a trough of 0% in FY21. Return on invested capital clears the cost of that capital by −8.8 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 12.4% net margin on 0.27× asset turns.
FY26 ROCE is 5%, recovered from a FY21 trough of 0% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 12.4% net margin × 0.27× asset turns × 1.14× balance-sheet leverage ≈ 3.8% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 3.2% − 12.0% = a −8.8 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.02.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Delta Corp Ltd carries total debt of ₹49.0 Cr against shareholder equity of ₹2,252 Cr as of Mar 26, a debt-to-equity of 0.02 — effectively unlevered. On the annual view that ratio went from 0.02 in FY22 to 0.02 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹49.0 Cr against shareholder equity of ₹2,252 Cr — a debt-to-equity of 0.02. On the annual view, debt-to-equity went from 0.02 (FY22) to 0.02 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: Domestic institutions cut 8.6 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions cut 8.6 points of Delta Corp Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 0.2% of the company. Promoters moved +1.2 points over the same window, to 34.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: −8.6 points over 8 quarters to 0.2%; Promoters: +1.2 points over 8 quarters to 34.5%; Foreign institutions: −0.3 points over 8 quarters to 1.2%.
🚨 Why the register moved: domestic institutions drove it (−8.6 points), absorbed on the other side by promoters (+1.2 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Delta Corp Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Delta Corp Ltd this page | 18.9× | ₹1,687 Cr | Deteriorating | |||
| GMR Airports Ltd | 544.0× | ₹1.1L Cr | No read | |||
| Aegis Vopak Terminals Ltd | 104.0× | ₹32,424 Cr | No read | |||
| Sagility Ltd | 18.4× | ₹18,922 Cr | Mixed | |||
| Central Mine Planning & Design Institute Ltd | 27.1× | ₹17,738 Cr | — | — | — | — |
| Embassy Developments Ltd | — | ₹8,512 Cr | No read | |||
| Inox Green Energy Services Ltd | 74.6× | ₹7,703 Cr | Mixed | |||
| RattanIndia Enterprises Ltd | — | ₹4,368 Cr | No read | |||
| Kaveri Seed Company Ltd | 14.5× | ₹4,298 Cr | No read | |||
| Indiqube Spaces Ltd | — | ₹3,844 Cr | — | No read | ||
| TruAlt Bioenergy Ltd | 38.3× | ₹3,678 Cr | No read | |||
| Anzen India Energy Yield Plus Trust | — | ₹3,324 Cr | No read | |||
| Eveready Industries India Ltd | 25.9× | ₹2,595 Cr | No read | |||
| Shipping Corporation of India Land & Assets Ltd | 66.8× | ₹1,925 Cr | Turning around | |||
| Jai Corp Ltd | 10.3× | ₹1,761 Cr | Mixed | |||
| Aeroflex Enterprises Ltd | 22.2× | ₹1,441 Cr | Improving | |||
| TCC Concept Ltd | 20.5× | ₹1,293 Cr | Mixed | |||
| Gulshan Polyols Ltd | 28.5× | ₹1,217 Cr | Improving | |||
| Unitech Ltd | — | ₹1,146 Cr | No read | |||
| Jindal Photo Ltd | — | ₹1,104 Cr | No read | |||
| GKW Ltd | — | ₹980 Cr | Deteriorating | |||
| Shree Vasu Logistics Ltd | 154.0× | ₹888 Cr | — | — | — | — |
| IIRM Holdings India Ltd | 36.3× | ₹886 Cr | No read | |||
| Stanley Lifestyles Ltd | 61.4× | ₹879 Cr | Deteriorating | |||
| Parin Enterprises Ltd | 125.0× | ₹810 Cr | Mixed | |||
| FlySBS Aviation Ltd | 13.3× | ₹807 Cr | — | — | — | — |
| Exhicon Events Media Solutions Ltd | 19.6× | ₹799 Cr | No read | |||
| Tandhan Industries Ltd | — | ₹746 Cr | No read | |||
| Exhicon Events Media Solutions Ltd | 19.7× | ₹731 Cr | No read | |||
| Prozone Realty Ltd | 62.5× | ₹668 Cr | No read | |||
| Aqylon Nexus Ltd | — | ₹666 Cr | No read | |||
| Take Solutions Ltd | 3,222.0× | ₹644 Cr | No read | |||
| Aqylon Nexus Ltd | — | ₹639 Cr | No read | |||
| Maagh Advertising & Marketing Services Ltd | — | ₹572 Cr | No read | |||
| IIRM Holdings India Ltd | 28.4× | ₹569 Cr | — | No read | ||
| Shree Rama Newsprint Ltd | — | ₹532 Cr | No read | |||
| Global Education Ltd | 19.6× | ₹519 Cr | Turning around | |||
| Qualitek Labs Ltd | 35.0× | ₹513 Cr | — | — | — | — |
| R K Swamy Ltd | 21.0× | ₹512 Cr | No read |
Frequently asked questions
What is Delta Corp Ltd's share price today?
Delta Corp Ltd trades at ₹64.4, −28.6% over the past year. The company is valued at ₹1,687 Cr. The stock sits at 31% of its 52-week range of ₹54–₹88, −8.7% versus its 200-day average. On the tape, the price is in a downtrend, 152 weeks in. — as of 24 July 2026.
What were Delta Corp Ltd's latest quarterly results?
Delta Corp Ltd reported revenue of ₹161 Cr and net profit of ₹16.0 Cr for the Mar 26 quarter. Revenue fell 12.0% and profit fell 90.3% year on year. Earnings per share were ₹0.61. The operating margin was 17.0%, 5.0 pp lower than a year earlier. — as of 24 July 2026.
What is Delta Corp Ltd's revenue?
Delta Corp Ltd reported revenue of ₹161 Cr in the Mar 26 quarter, −12.0% year on year. For the full FY26 fiscal year, revenue was ₹688 Cr (−5.8%). Over the last 10 years revenue compounded at 6.3% a year. — as of 24 July 2026.
What is Delta Corp Ltd's profit?
Delta Corp Ltd earned ₹16.0 Cr of net profit in the Mar 26 quarter, −90.3% year on year. Full-year FY26 profit was ₹85.0 Cr. The operating margin ran 17.0% in the latest quarter. — as of 24 July 2026.
What is Delta Corp Ltd's market cap?
Delta Corp Ltd's market capitalisation is ₹1,687 Cr at a share price of ₹64.4. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Delta Corp Ltd's P/E ratio?
Delta Corp Ltd trades at a P/E of 18.9×, at the 30th percentile of its own 10-year range, against a long-run median of 25.1×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Delta Corp Ltd pay a dividend?
Yes — Delta Corp Ltd's dividend payout was 16% of profit in FY26, and it recorded a payout in 11 of its last 13 reported fiscal years. 2 of those years show a negative ratio because profit itself was negative. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Delta Corp Ltd overvalued?
On its own history, Delta Corp Ltd looks cheap against its own history: its P/E of 18.9× has been cheaper only 30% of the time in 10 years (long-run median 25.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Delta Corp Ltd growing?
Not right now — Delta Corp Ltd's latest numbers are shrinking: latest-quarter revenue −12.0% year on year, profit −90.3%, and the margin −5.0 pp at 17.0%. The 10-year compound rates are 6.3% (revenue) and 9.0% (profit). The earnings engine currently reads: deteriorating — as of 24 July 2026.
How is Delta Corp Ltd performing?
Delta Corp Ltd is in a downtrend, 152 weeks in. Its latest quarter's revenue fell 12.0% and profit fell 90.3% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 5 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Delta Corp Ltd in?
Deteriorating — revenue and profit growth are shrinking (revenue growth −12.0% latest (single-quarter readings) against +3.4% at its 12-quarter best), ROCE slipping at 5.0%. The read comes from the last 12 quarters of growth (revenue growth −12.0% latest, profit growth −90.3% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Delta Corp Ltd in an uptrend?
No — the price is in a downtrend (week 152 of stage 4), trading −8.7% versus its 200-day average and at 31% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Delta Corp Ltd beating the market?
Not lately — on a trailing-13-week view Delta Corp Ltd is currently behind the NIFTY 500 (5 weeks and counting; last ahead the week of 2026-06-24), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +3% against the NIFTY 500's +274% — behind the index over the full window. — as of 24 July 2026.
Will Delta Corp Ltd's share price go up?
This page publishes no price forecast for Delta Corp Ltd. What it measures instead: the share price is ₹64.4, the price is in a downtrend 152 weeks in. Its P/E of 18.9× sits at the 30th percentile of its own 10-year range. — as of 24 July 2026.
Who owns Delta Corp Ltd?
Promoters hold 34.5% of Delta Corp Ltd, foreign institutions 1.2%, domestic institutions 0.2% and the public 64.1% (latest quarter). The biggest move on the register over the last two years: Domestic institutions cut 8.6 points over 8 quarters. — as of 24 July 2026.
Does Delta Corp Ltd have too much debt?
No — Delta Corp Ltd's debt-to-equity is 0.02, and operating profit covers the interest bill 22×. FY26 borrowings were ₹49.0 Cr against equity of ₹2,252 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Delta Corp Ltd's capex?
Delta Corp Ltd spent ₹425 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹292 Cr, with ₹468 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Delta Corp Ltd's cash flow?
Delta Corp Ltd generated ₹135 Cr of operating cash flow in FY26 and ₹−157 Cr of free cash flow after ₹292 Cr of capital spending. Reported profit that year was ₹85.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Delta Corp Ltd's profit real cash?
Mostly — over the last 3 fiscal years, 61% of Delta Corp Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹135 Cr against reported profit of ₹85.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Delta Corp Ltd in its business cycle?
Delta Corp Ltd's FY26 operating margin was 19.0%, against a 13-year band of 5.0%–41.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 17.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Delta Corp Ltd story?
The sharpest disagreement: the price moved −28.6% in a year while annual EPS moved −65.7% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Delta Corp Ltd a stock worth studying right now?
This is not investment advice. The machine read: Delta Corp Ltd is cheap for a reason. The P/E sits at the 30th percentile of its own range, and the quarters are still getting worse. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.