Company analysis

1. DELTA CORP
LTD.
W E A R E A S Y O U S E E , R E A D Y F O R T H E C H A L L E N G E S
O F T H E F U T U R E

2. INTRODUCTION
• Delta Corp Limited, previously known as Arrow Webtex
Ltd., is an Indian real estate ,gaming and
hospitality corporation that owns and operates casinos and
hotels under several brands.
• Delta Corp Limited was incorporated as a privately held
company under the name Creole Holdings Company Pvt
Ltd on 5 November 1990.

3. OUR VISION
• Create value for all our stake holders
• Achieve sustainable and profitable growth
• Become a responsible Global Corporate
Citizen which believes in creating ‘value with
a difference’
• Become an employer of choice where people
are inspired to the best they can be

4. FOUNDER
Mr. Jaydev Mody has been
creating, developing and
managing businesses for
more than 36 years, over 25
of them in real estate
development.
He played a leading role in
building and developing
India’s first truly global mall
‘Crossroads’ in South
Mumbai (then Bombay).

5. OUR TEAM MEMBERS
Mr. Ashish Kapadia (Managing Director)
An entrepreneur, having established and
managed several businesses across sectors
such as paints, textiles, financial services
and civil aviation. Mr. Kapadia was
appointed as a non-executive director on
Delta Corp. Ltd.’s Board on October 1, 2008.
On April 27, 2009 he was appointed as
Managing Director. He holds a Bachelor’s
degree in Commerce.
Mr. Rajesh Jaggi(Independent Director)
Rajesh Jaggi is a Partner & Managing
Director of Everstone Capital Advisors’ Real
Estate business. Rajesh has over 14 years of
real estate leadership experience in India,
including strategic planning, acquisitions,
finance, sales and marketing, legal, and
project and facility management services.

6. ABOUT US
• Delta Corp Limited, has its
headquarters in India and majority of
the business operational in Goa, Daman
and Sikkim.
• Currently the company employees
1650 people.

7. OUR SHAREHOLDING PATTERN
PROMOTERS
42%
INDIVIDUALS
35%
INSTITUTION
0%
FII
6%
OTHERS
17%
Sales

8. SALES AND PROFIT FOR THE YEAR
2015-2016
0
50
100
150
200
250
300
NET SALES EXPENDITURE PROFIT
2015
2016

9. PEFORMANCE OVER THE PAST YEAR
0
10
20
30
40
50
60
SALES NET PROFIT EARNING PER
SHARE
DIVIDEND PER
SHARE
2016
2015

10. S T R E N G H T S A N D
W E A K N E S S E S
STRENGHTS :
Experienced business units.
Reduced labour cost.
Skilled workforce.
Existing distribution and sales
network.
Barriers of market entry
WEAKNESSES :
Taxes

11. O P P O R T U N I T I E S
A N D T H R E AT S
OPPORTUNITIES :
New markets.
New acquisitions.
Growth rates and profitability.
Growing Demands.
New products and services.
THREATS :
External business risk.
Increase in labour cost.
Technological problems.
Growing competition and lower profitability.

12. PEST ANALYSIS

14. EXISTING BUSINESS
• The existing capacity of Delta Corps Gaming operations is 1565 gaming positions. Gaming positions of
1565 mean that 1565 people can be seated on gambling tables or slot machines in the Deltin casinos.
• To estimate the maximum amount of revenues the Deltin casinos can generate from existing capacity
we need to take into consideration the following facts about a casinos business model:
• More time people spend in a casino leads to more revenue for the casino. ( How much time a person
spends in deltin casino. Based on our survey and estimates we will assume that a person spends 4
hours on average.
• How much money will a person spend on average/hourly in casino ?. For this, we assume RS 5000
every 4 hours which gives us 1250 Rs. per Hour.
• Based on the Above Points:
• The Current Revenue Generation Capacities of the 4 Casinos owned by Delta Corp can be ascertained
as follows:
• Gaming Positions (1565) * 24 hours * 330 days * Per hour Spends (1250) = 1549.35 Corers.

15. CURRENT STOCK PRICE
•BSE 169.20 0.55 (0.33%)
•NSE 169.15 0.60 (0.36%)

16. FUTURE PROSPECTS
1)New Casinos: We feel this revenue source for growth is quite
unpredictable due to strict government policy and lack of clarity on the same.
In 2018 onwards we feel that revenue will pick up as Daman casino with
capacity of 1000 Gaming positions will become operational.
2) Growth in Visitors (existing business): Growth in visitors and footfall
will increase at 5-8% inline with growth in the tourism sector of India.