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DELTA CORP
DELTA CORP. Announces Quarterly Results (2QFY20); Net Profit Up 22.7%

DELTA CORP. Announces Quarterly Results (2QFY20); Net Profit Up 22.7%
Thu, 17 Oct

DELTA CORP. has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

DELTA CORP. Quarterly Financials

No. of Mths Qtr. Ending		3 Sep-18*	3 Jun-19*	3 Sep-19*	QoQ Change	YoY Change
Net Sales	Rs m	2,014	1,865	2,008	7.7%	-0.3%
Other income	Rs m	83	82	65	-20.8%	-21.5%
Turnover	Rs m	2,096	1,947	2,073	6.5%	-1.1%
Expenses	Rs m	1,251	1,188	1,195	0.6%	-4.5%
Gross profit	Rs m	766	678	822	21.3%	7.4%
Depreciation	Rs m	94	110	120	9.8%	27.8%
Interest	Rs m	7	10	11	3.9%	47.2%
Profit before tax	Rs m	748	640	757	18.1%	1.2%
Tax	Rs m	267	217	166	-23.3%	-37.7%
Profit after tax	Rs m	481	424	590	39.3%	22.7%
Gross profit margin	%	38.0	36.4	40.9
Effective tax rate	%	35.7	33.8	22.0
Net profit margin	%	22.9	21.8	28.5

* Results Consolidated
Interim results exclude extraordinary / exceptional items

Source: Company Reports, Regulatory Filings, Equitymaster

Year-on-Year Performance:

The company's operating income during the quarter fell 0.3% on a year-on-year (YoY) basis. The expenses were down by 4.5% YoY during the same period.
The company's operating profit increased by 7.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.9% in 2QFY20 as against 38.0% in 2QFY19.
Depreciation charges increased by 27.8% and finance costs increased by 47.2% YoY, respectively.
Other income declined by 21.5% YoY during the quarter.
Net profit for the quarter increased by 22.7% YoY. Net profit margins during the quarter increased from 22.9% in 2QFY19 to 28.5% in 2QFY20.

Quarter-on-Quarter Performance:

The company's operating income during the quarter grew 7.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.6% QoQ during the same period.
The company's operating profit increased by 21.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.9% in 2QFY20 as against 36.4% in 1QFY19.
Net profit for the quarter increased by 39.3% QoQ, while net profit margins increased from 21.8% in 1QFY19 to 28.5% in 2QFY20.

To see how DELTA CORP. has performed over the last eight quarters,please visit here.

Last Day: Watch the Replay of Great Indian Wealth Project Special Event

DELTA CORP. Share Price Performance

Over the last one year,DELTA CORP. share price has moved down from Rs 227.0 to Rs 179.7, registering a Loss of Rs 47.3 or around 20.8%.

Overall, the S&P BSE SENSEX is up 10.0% over the year.

Current Valuations

At the current price of Rs 179.7, the price to earnings (P/E) ratio of DELTA CORP. stands at 19.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.1 times.

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DELTA CORP. Announces Quarterly Results (4QFY20); Net Profit Down 49.9% (Quarterly Result Update)

May 20, 2020 | Updated on May 20, 2020

For the quarter ended March 2020, DELTA CORP. has posted a net profit of Rs 287 m (down 49.9% YoY). Sales on the other hand came in at Rs 2 bn (down 11.4% YoY). Read on for a complete analysis of DELTA CORP.'s quarterly results.

DELTA CORP. Announces Quarterly Results (3QFY20); Net Profit Up 9.4% (Quarterly Result Update)

Jan 15, 2020 | Updated on Jan 15, 2020

For the quarter ended December 2019, DELTA CORP. has posted a net profit of Rs 551 m (up 9.4% YoY). Sales on the other hand came in at Rs 2 bn (down 0.3% YoY). Read on for a complete analysis of DELTA CORP.'s quarterly results.

DELTA CORP. 2018-19 Annual Report Analysis (Annual Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

Here's an analysis of the annual report of DELTA CORP. for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of DELTA CORP.. Also includes updates on the valuation of DELTA CORP..

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DELTA CORP SHARE PRICE

BSE: 147.70 -2.48% NSE: 147.70 -2.48%
Feb 26, 2021 (Close)

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LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

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DELTA CORP. Announces Quarterly Results (2QFY20); Net Profit Up 22.7% Thu, 17 Oct