Delhivery Limited (IN:DELHIVERY)
:DELHIVERY
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Delhivery Limited
(DELHIVERY)
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Rating:57Neutral
Price Target:
₹391.00
▼(-7.49% Downside)
Action:ReiteratedDate:11/07/25
Delhivery's stock score is primarily influenced by its strong financial performance, characterized by revenue growth and improved cash flows. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation, which negatively impacts the overall score.
Positive Factors
Revenue Growth
Consistent revenue growth indicates strong market demand and effective business strategies, enhancing long-term stability and expansion potential.
Negative Factors
Net Profitability Concerns
Low net profitability may limit the company's ability to reinvest in growth and weather economic downturns, posing a risk to long-term financial performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent revenue growth indicates strong market demand and effective business strategies, enhancing long-term stability and expansion potential.
Read all positive factors
Delhivery Limited (DELHIVERY) vs. iShares MSCI India ETF (INDA)
Market Cap
₹348.48B
Dividend YieldN/A
Average Volume (3M)100.94K
Price to Earnings (P/E)190.8
Beta (1Y)1.41
Revenue Growth9.17%
EPS Growth1685.95%
CountryIN
Employees23,381
SectorServices
Sector StrengthN/A
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)0.52
Shares Outstanding748,608,100
10 Day Avg. Volume137,073
30 Day Avg. Volume100,937
Financial Highlights & Ratios
PEG Ratio-0.74
Price to Book (P/B)2.09
Price to Sales (P/S)2.21
P/FCF Ratio234.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹580.00Price Target Upside37.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)7.86
Revenue Forecast (FY)₹121.14B
Delhivery Limited Business Overview & Revenue Model
Company Description
Delhivery Limited provides supply chain solutions to e-commerce marketplaces, direct-to-consumer e-tailers, enterprises, FMCG, consumer durables, consumer electronics, lifestyle, retail, automotive and manufacturing industries in India. The compan...
How the Company Makes Money
Delhivery primarily generates revenue through multiple streams, including express parcel delivery services, freight services, and warehousing solutions. The company's revenue model is diversified, with significant earnings coming from e-commerce l...
Delhivery Limited Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
72
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 94.23B | 89.32B | 81.42B | 72.25B | 68.82B | 36.47B |
| Gross Profit | 7.48B | 6.91B | 3.28B | -3.08B | 1.67B | 3.56B |
| EBITDA | 8.78B | 8.17B | 5.65B | -1.34B | -3.20B | 270.46M |
| Net Income | 1.38B | 1.62B | -2.49B | -10.08B | -10.11B | -4.16B |
Balance Sheet | ||||||
| Total Assets | 126.99B | 120.63B | 114.53B | 112.13B | 82.51B | 45.98B |
| Cash, Cash Equivalents and Short-Term Investments | 18.84B | 28.92B | 39.66B | 47.04B | 17.67B | 13.08B |
| Total Debt | 16.42B | 14.22B | 11.69B | 9.23B | 11.02B | 10.98B |
| Total Liabilities | 31.70B | 26.31B | 23.08B | 20.36B | 22.93B | 17.61B |
| Stockholders Equity | 95.29B | 94.32B | 91.45B | 91.77B | 59.57B | 28.37B |
Cash Flow | ||||||
| Free Cash Flow | -57.71M | 841.82M | -925.61M | -6.30B | -9.69B | -2.46B |
| Operating Cash Flow | 2.15B | 5.67B | 4.72B | -296.99M | -2.41B | 47.69M |
| Investing Cash Flow | 573.34M | -1.04B | -990.92M | -34.11B | -27.42B | 3.38B |
| Financing Cash Flow | -2.55B | -4.32B | -3.66B | 35.38B | 29.02B | -1.47B |
Delhivery Limited Technical Analysis
Positive
422.65
Price Trends
429.35
Positive
419.00
Positive
432.71
Positive
Market Momentum
11.07
Negative
65.10
Neutral
90.64
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DELHIVERY, the sentiment is Positive. The current price of 422.65 is below the 20-day moving average (MA) of 429.00, below the 50-day MA of 429.35, and below the 200-day MA of 432.71, indicating a bullish trend. The MACD of 11.07 indicates Negative momentum. The RSI at 65.10 is Neutral, neither overbought nor oversold. The STOCH value of 90.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DELHIVERY.
Delhivery Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹75.48B | 18.01 | ― | 0.94% | 9.97% | 16.28% | |
68 Neutral | ₹120.08B | 47.93 | ― | 0.46% | 7.70% | -5.85% | |
63 Neutral | ₹20.04B | 25.07 | ― | 1.37% | -2.79% | -26.28% | |
60 Neutral | ₹38.80B | 239.85 | ― | 0.69% | 11.82% | 28.42% | |
57 Neutral | ₹348.48B | 190.78 | ― | ― | 9.17% | 1685.95% | |
57 Neutral | ₹12.84B | ― | ― | 19.52% | -15.70% | -343.97% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% |
* Services Sector Average
IN:DELHIVERY
Delhivery Limited
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Delhivery Limited Corporate Events
Delhivery Grants 83,900 Stock Options Under Employee Incentive Plans
Jan 5, 2026
Delhivery Limited has approved the grant of 83,900 stock options to eligible employees under its existing employee stock option plans, with 58,900 options issued under ESOP 2012 and 25,000 under ESOP 2021, effective January 1, 2026. Each option is...
Delhivery Subsidiary Ecom Express Faces GST Demand, Plans Appeal
Dec 31, 2025
Delhivery Limited has disclosed that its subsidiary Ecom Express Limited has received an order from the Office of the Excise and Taxation Officer, Panipat, under Section 73 of the CGST/Haryana GST Act, 2017, for the financial year 2021-22. The ord...
Delhivery Launches ‘Delhivery International’ to Boost Indian MSMEs’ Global Reach
Dec 9, 2025
Delhivery Limited has launched ‘Delhivery International’, a new Economy Air Parcel service aimed at simplifying and reducing the cost of global exports for Indian MSMEs. This service leverages Delhivery’s domestic network and glo...
Delhivery Limited Increases Share Capital through Employee Stock Option Allotment
Dec 8, 2025
Delhivery Limited has announced the allotment of 318,983 equity shares following the exercise of vested options under its Employee Stock Option Plans (ESOPs). This move increases the company’s paid-up share capital from Rs. 74,77,76,798 to R...
Delhivery’s Drone Innovation Boosts Rural Connectivity in India
Dec 7, 2025
Delhivery Limited has successfully tested its autonomous logistics drone in Deoria, Uttar Pradesh, marking a significant step towards enhancing high-speed rural connectivity in India. This demonstration showcased the drone’s ability to compl...
Delhivery Releases Earnings Call Recording for Q2 2025
Nov 5, 2025
Delhivery Limited has released an audio recording of its earnings conference call discussing the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. This announcement provides stakeholder...
Delhivery Appoints Vivek Pabari as New CFO Amid Leadership Transition
Nov 5, 2025
Delhivery Limited announced the resignation of Amit Agarwal as Chief Financial Officer, effective December 31, 2025, after a notable 13-year tenure during which he played a crucial role in the company’s growth and major acquisitions. Vivek P...
Delhivery Expands with New Financial Services Subsidiary
Nov 5, 2025
Delhivery Limited has announced the incorporation of a wholly owned subsidiary in India, named Delhivery Financial Services Private Limited. This new entity aims to strengthen Delhivery’s logistics operations by offering financial services s...
Delhivery’s Subsidiary Faces GST Order with No Major Financial Impact
Oct 22, 2025
Delhivery Limited has disclosed that its subsidiary, Ecom Express Limited, received an order under the CGST/Bihar GST Act, 2017, imposing a tax demand and penalty for disallowance of input tax credit and short payment of tax for the financial year...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.