{"id":138763,"date":"2023-01-19T02:32:22","date_gmt":"2023-01-19T07:32:22","guid":{"rendered":"https:\/\/44.250.171.167\/?p=138763"},"modified":"2023-01-19T02:32:23","modified_gmt":"2023-01-19T07:32:23","slug":"delta-corp-ltd-q3-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/delta-corp-ltd-q3-fy23-earnings-conference-call-insights\/","title":{"rendered":"Delta Corp Ltd Q3 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from Delta Corp Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/DELTACORP\/\">DELTACORP<\/a>) Q3 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:10:49] Abhishek Singhal from Naredi Investment enquired about the impact on DELTACORP from govt. rule drafted on online gaming. Hardik Dhebar CFO clarified that most of the requirements the govt. wants companies like DELTA for follow, DELTACORP is already 90% in compliance. So there\u2019s not much of an impact.<\/li>\n<\/ul>\n<ul>\n<li>[00:14:27] Abhishek Singhal with Naredi Investment asked about the margin expectation in 4Q23 and FY24. Hardik Dhebar CFO answered that the company is already at about 34-35% EBITDA margin. DELTACORP expects to improve margins going forward.<\/li>\n<\/ul>\n<ul>\n<li>[00:14:30] Abhishek Singhal at Naredi Investment asked about the FY23 capex. Hardik Dhebar CFO replied that the company is in the process of building the new vessel. The total cost is going to be about INR225-250 crores. Of this about 120-150 crores is already spent.<\/li>\n<\/ul>\n<ul>\n<li>[00:17:21] Pritesh Chheda of Lucky Investment enquired about the supply addition in the water-based casino in Goa last year and next year. Hardik Dhebar CFO clarified that last year there was no addition. Next year, the company\u2019s own capacity will go up about 2.5-3 times from existing capacity.<\/li>\n<\/ul>\n<ul>\n<li>[00:18:09] Pritesh Chheda with Lucky Investment also asked if there was any loss of market share YTD with regards to visitation. Hardik Dhebar CFO clarified that there was no loss of market share.<\/li>\n<\/ul>\n<ul>\n<li>[00:20:25] Pritesh Chheda with Lucky Investment enquired about 3Q23 visitation and spend numbers. Hardik Dhebar CFO answered that in 3Q, the company had around 150,000 guests. And the GGR per person was at about 18,000 per person which has come down to about 16,000 as the visitation has increased from 115,000 to 150,000.<\/li>\n<\/ul>\n<ul>\n<li>[00:21:06] Jiten Parmar of Aurum Capital enquired the reason behind hospitality revenue being down. Hardik Dhebar CFO replied that 1 crore up and down can happen, which is usual. So it\u2019s not a dip since it\u2019s a marginal shift YoY. Also, it\u2019s not a core area for the company.<\/li>\n<\/ul>\n<ul>\n<li>[00:24:53] Niteen Dharmawat at Aurum Capital asked about 4Q23 shaping up vs. 3Q. Hardik Dhebar CFO answered that from a trend point of view, DELTACORP doesn\u2019t think there is any change of momentum when 4Q is compared to 3Q.<\/li>\n<\/ul>\n<ul>\n<li>[00:26:46] Niteen Dharmawat at Aurum Capital queried about the IPO, if anything is planned during FY24. Hardik Dhebar CFO clarified that the company is in complete readiness of what\u2019s required from its side. DELTACORP is only waiting for the budget to happen.<\/li>\n<\/ul>\n<ul>\n<li>[00:27:44] Dhwanil Desai of Turtle Capital enquired if the company expects growth in the range of 15-20% from FY25. Hardik Dhebar CFO said DELTACORP cannot give an exact number, but considering the company is going to be disrupting the market with new and better products, a larger growth number could be looked at.<\/li>\n<\/ul>\n<ul>\n<li>[00:36:12] Yash Dantewadia of Dantewadia Equity asked about any update on the Daman court case. Hardik Dhebar CFO answered that the company expects to see more movement on the case from next week onwards.<\/li>\n<\/ul>\n<ul>\n<li>[00:44:30] Chintan Mehta from Prudent Broking asked about the margin profile difference between land-based Casino and live Casino. Hardik Dhebar CFO clarified there\u2019s not much difference. Land-based casino, if it\u2019s of similar size, the margins can be better.<\/li>\n<\/ul>\n<ul>\n<li>[00:48:48] Randeep Sen from MAS Capital queried about the number of club Deltin numbers. Hardik Dhebar CFO answered that it\u2019s a very dynamic number. The company expects it should be in the similar range of 6,000 a year ago.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Delta Corp Ltd (DELTACORP) Q3 FY23 Earnings Concall Q&amp;A Highlights: [00:10:49] Abhishek Singhal from Naredi Investment enquired about the impact on DELTACORP from govt. rule drafted on online gaming. Hardik Dhebar CFO clarified that most of the requirements the govt. wants companies like DELTA for follow, DELTACORP is already 90% in compliance. [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"Delta Corp Ltd Q3 FY23 Earnings Conference Call Insights #DELTACORP #Q3 #FY23 #Earnings #Stocks","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[10169,59,11359],"class_list":["post-138763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-earnings","tag-gaming","tag-online-gaming"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143701,"url":"https:\/\/alphastreet.com\/india\/delta-corp-ltd-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":138763,"position":0},"title":"Delta Corp Ltd Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"April 14, 2023","format":false,"excerpt":"https:\/\/youtu.be\/T2NeTTZ1j7g Key highlights from Delta Corp Ltd (DELTACORP) Q4 FY23 Earnings Concall Q&A Highlights: [00:08:09] Viraj Mehta with Equirus asked about the timeline of the new ship to come on-stream. Hardik Dhebar CFO replied that there is likely to be a slight delay and in 4Q23 the vessel is expected\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":138754,"url":"https:\/\/alphastreet.com\/india\/delta-corp-ltd-deltacorp-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":138763,"position":1},"title":"DELTA CORP LTD (DELTACORP) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"January 18, 2023","format":false,"excerpt":"DELTA CORP LTD (NSE: DELTACORP) Q3 FY23 earnings concall dated Jan. 18, 2023 Corporate Participants: Hardik Dhebar\u00a0--\u00a0Chief Financial Officer Shivanandan Pare\u00a0--\u00a0Chief Executive Officer Analysts: Jiten Parmar\u00a0--\u00a0Aurum Capital -- Analyst Abhishek Singhal\u00a0--\u00a0Naredi Investment -- Analyst Pritesh Chheda\u00a0--\u00a0Lucky Investment Managers -- Analyst Niteen S. Dharmawat\u00a0--\u00a0Aurum Capital -- Analyst Nikhil Agarwal\u00a0--\u00a0VT Capital --\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":138710,"url":"https:\/\/alphastreet.com\/india\/delta-corp-limited-q3-fy23-consolidated-net-profit-increased-upto-85-crore\/","url_meta":{"origin":138763,"position":2},"title":"Delta Corp Limited Q3 FY23; Consolidated Net Profit Increased Upto 85 Crore","author":"Hardik Bhandare","date":"January 17, 2023","format":false,"excerpt":"Delta Corp Limited (NSE: DELTACORP) reported Revenue from Operations for Q3 FY23 of \u20b9273.37 Crore up from \u20b9247.22 Crore year on year, a growth of 10.5%. The Revenue was driven by Gaming Operations segment which increased by 8.8% up to \u20b9271.81 Crore. Consolidated Net Profit of \u20b984.82 Crore, up 20.5%\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/8daaa254-cee6-47ac-aca2-25266ad68f3e-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/8daaa254-cee6-47ac-aca2-25266ad68f3e-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/8daaa254-cee6-47ac-aca2-25266ad68f3e-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/8daaa254-cee6-47ac-aca2-25266ad68f3e-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/8daaa254-cee6-47ac-aca2-25266ad68f3e-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/8daaa254-cee6-47ac-aca2-25266ad68f3e-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":136025,"url":"https:\/\/alphastreet.com\/india\/delta-corp-ltd-deltacorp-q2-fy23-earnings-concall-transcript\/","url_meta":{"origin":138763,"position":3},"title":"DELTA CORP LTD (DELTACORP) Q2 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"October 12, 2022","format":false,"excerpt":"DELTA CORP LTD (NSE:DELTACORP) Q2 FY23 Earnings Concall dated Oct. 12, 2022 Call participants: Abhinav Nigam -- Head, Revenue Hardik Dhebar -- Chief Financial Officer Pragnesh Shah -- General Manager Accounts & Finance Analysts: Viraj Mehta -- Equirus PMS -- Analyst Arun Kumar -- BMO Capital -- Analyst Chirag Maroo\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":143718,"url":"https:\/\/alphastreet.com\/india\/delta-corp-ltd-deltacorp-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":138763,"position":4},"title":"DELTA CORP LTD (DELTACORP) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"April 13, 2023","format":false,"excerpt":"DELTA CORP LTD (NSE: DELTACORP) Q4 FY23 earnings concall dated Apr. 13, 2023 Corporate Participants: Alpesh Thacker\u00a0--\u00a0Moderator Hardik Dhebar\u00a0--\u00a0Chief Financial Officer Analysts: Viraj Mehta\u00a0--\u00a0Equirus PMS -- Analyst Karan Mehta\u00a0--\u00a0Nirzar Securities -- Analyst Gunit Singh\u00a0--\u00a0CCIPL -- Analyst Pritesh Chheda\u00a0--\u00a0Lucky Investment -- Analyst Chirag Lodaya\u00a0--\u00a0Valuequest -- Analyst Dixit Doshi\u00a0--\u00a0Whitestone Financial Advisors Pvt\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":171158,"url":"https:\/\/alphastreet.com\/india\/delta-corp-q1-fy26-earnings-results\/","url_meta":{"origin":138763,"position":5},"title":"Delta Corp Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"September 11, 2025","format":false,"excerpt":"Delta Corp Ltd operates in the gaming, hospitality, and online skill gaming segments. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results: Revenue: \u20b9184 crore, up 3.37% year-on-year YoY from \u20b9178 crore Total Expenses: \u20b9158 crore, up 8.97% YoY from \u20b9145 crore Consolidated Net Profit PAT: \u20b929 crore,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"DELTACORP Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/DELCORP.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/DELCORP.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/DELCORP.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/DELCORP.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/DELCORP.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/DELCORP.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=138763"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=138763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=138763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=138763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}