Delhivery

Why is Delhivery Ltd falling/rising?

As of 06-Aug, Delhivery Ltd's stock price is 469.90, having declined for four consecutive days and decreased by 2.6% in that period. Despite being net-debt free and showing long-term growth, recent performance is hindered by falling investor participation and short-term momentum weakness.

As of 06-Aug, Delhivery Ltd's stock price is currently at 469.90, reflecting a slight decline of -0.15 (-0.03%). The stock has been experiencing a downward trend, having fallen for the last four consecutive days, resulting in a total decrease of -2.6% during this period. This decline is further evidenced by the stock's performance over the past month, where it has decreased by -9.57, contrasting with a positive return of +0.86% for the Sensex during the same timeframe.<BR><BR>Despite being net-debt free and showing healthy long-term growth with an annual operating profit increase of 18.15%, the stock's recent performance has been negatively impacted by falling investor participation, as indicated by a 24.21% drop in delivery volume compared to the five-day average. Additionally, while the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness in momentum.<BR><BR>Overall, the combination of recent price declines, reduced trading volume, and the stock's performance relative to the broader market indicates that Delhivery Ltd is currently facing downward pressure.

Which are the latest news on Delhivery?

What does Delhivery do?

Delhivery Ltd is a small-cap transport services company, incorporated in 2011, with recent quarterly net sales of ₹2,850 Cr and a net profit of ₹72 Cr as of March 2026. It has a market cap of ₹32,659 Cr and key financial metrics include a P/E ratio of 180 and a return on equity of 1.84%.

Overview:<BR>Delhivery Ltd is a transport services company operating in the small-cap market segment.<BR><BR>History:<BR>Delhivery Limited was incorporated in 2011 as "SSN Logistics Private Limited" and later renamed to "Delhivery Private Limited" in December 2015. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2,850 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 72 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 32,659 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 180.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.05<BR>- Return on Equity: 1.84%<BR>- Price to Book: 3.39<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Delhivery?

As of 10th June, Delhivery Ltd has a market capitalization of 32,659.00 Cr and reported net sales of 10,508.31 Cr and a net profit of 152.68 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Delhivery Ltd has a market capitalization of 32,659.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 10,508.31 Cr, while the sum of Net Profit for the same period stands at 152.68 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 9,432.15 Cr, and Total Assets amount to 12,063.14 Cr.

Who are in the management team of Delhivery?

The management team of Delhivery includes key members such as Deepak Kapoor (Chairman), Sahil Barua (CEO), and several independent and non-executive directors, bringing diverse expertise to the company.

The management team of Delhivery includes the following key individuals:<BR><BR>1. **Deepak Kapoor** - Chairman & Independent Director<BR>2. **Sahil Barua** - Managing Director & CEO<BR>3. **SANDEEP KUMAR BARASIA** - Executive Director / Chief Business Officer<BR>4. **Kapil Bharati** - Executive Director / Chief Technology Officer<BR>5. **SRIVATSAN RAJAN** - Independent Non-Executive Director<BR>6. **Saugata Gupta** - Independent Non-Executive Director<BR>7. **Romesh Sobti** - Independent Non-Executive Director<BR>8. **Aruna Sundararajan** - Independent Non-Executive Director<BR>9. **Suvir Suren Sujan** - Non-Executive Director<BR>10. **Donald Francis Colleran** - Non-Executive Director<BR>11. **Anindya Ghose** - Independent Non-Executive Director<BR><BR>This team brings a diverse range of expertise and experience to the company.

Who are the peers of the Delhivery?

Delhivery's peers include Container Corpn., GE Shipping Co., S C I, Blue Dart Express, Blackbuck, Transport Corp., TVS Supply, SEAMEC Ltd, and VRL Logistics. In terms of management risk, growth, and capital structure, Delhivery ranks below average compared to its peers, with a 1-year return of 18.14%.

Peers: The peers of Delhivery are Container Corpn., GE Shipping Co, S C I, Blue Dart Expres, Blackbuck, Transport Corp., TVS Supply, SEAMEC Ltd, and VRL Logistics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Container Corpn., GE Shipping Co, and Transport Corp., while Good management risk is found at Blackbuck, Blue Dart Expres, and VRL Logistics. Average management risk is present at S C I, while Below Average management risk is noted for Delhivery, TVS Supply, and SEAMEC Ltd. In terms of Growth, Excellent growth is seen at Blackbuck and SEAMEC Ltd, while Good growth is observed at Container Corpn., GE Shipping Co, Delhivery, and VRL Logistics. Average growth is found at S C I and Blue Dart Expres, and Below Average growth is noted for Transport Corp. and TVS Supply. Capital Structure is Excellent for Container Corpn. and Transport Corp., Good for Delhivery, GE Shipping Co, Blue Dart Expres, Blackbuck, and SEAMEC Ltd, while Average is seen at VRL Logistics and Below Average at TVS Supply.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SEAMEC Ltd at 85.20%, while the lowest is Container Corpn. at -30.32%. Delhivery's own 1-year return is 18.14%, which is significantly higher than Container Corpn. but lower than SEAMEC Ltd. Additionally, the six-month return is negative for Container Corpn., Blue Dart Expres, Transport Corp., and VRL Logistics.

Are Delhivery Ltd latest results good or bad?

Delhivery Ltd's latest Q4 FY26 results show a net profit of ₹72.40 crore, an 82.78% increase quarter-on-quarter, and a revenue growth of 30.04% year-on-year. However, concerns about reliance on non-operating income and a low return on equity suggest caution regarding long-term profitability.

Delhivery Ltd's latest results for Q4 FY26 present a mixed picture. On the positive side, the company reported a net profit of ₹72.40 crore, which is an impressive 82.78% increase quarter-on-quarter. This marks a significant turnaround from previous quarters where the company faced losses. Additionally, revenue reached ₹2,850 crore, reflecting a year-on-year growth of 30.04%, although the sequential growth was more modest at 1.60%.<BR><BR>Operating margins also improved, reaching 7.52%, up from 7.44% in the previous quarter and significantly higher than the 5.43% margin from a year ago. This indicates that the company is making strides in operational efficiency and profitability.<BR><BR>However, there are concerns as well. The year-on-year net profit showed a slight decline of 0.22%, and the company remains heavily reliant on other income, which constituted 90.32% of its profit before tax. This raises questions about the sustainability of its profitability from core operations.<BR><BR>Overall, while the quarterly results indicate positive momentum and improvements in key metrics, the reliance on non-operating income and the still-low return on equity (ROE) of 0.45% suggest that there are challenges ahead. Investors may view the results as a step in the right direction, but caution is warranted given the mixed signals regarding long-term profitability and capital efficiency.

Should I buy, sell or hold Delhivery Ltd?

When is the next results date for Delhivery Ltd?

The next results date for Delhivery Ltd is 16 May 2026.

The next results date for Delhivery Ltd is scheduled for 16 May 2026.

How has been the historical performance of Delhivery?

Delhivery has shown significant growth in net sales, increasing from INR 2,780.58 crore in March 2020 to INR 8,931.90 crore in March 2025, with a turnaround in profitability from a loss of INR 1,007.78 crore to a profit of INR 162.11 crore during the same period. The company has also improved its operating profit margin and cash flow, indicating a strong recovery and growth trajectory.

Answer:<BR>The historical performance of Delhivery shows a significant upward trend in net sales and profitability over the years, culminating in a positive net profit in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Delhivery's net sales have consistently increased from INR 2,780.58 crore in March 2020 to INR 8,931.90 crore in March 2025, reflecting strong revenue growth. Total operating income followed a similar trajectory, reaching INR 8,931.90 crore in March 2025. The company has seen a turnaround in operating profit, moving from a loss of INR 1,066.63 crore in March 2023 to a profit of INR 150.10 crore in March 2025. This improvement is further highlighted by the operating profit margin, which improved from -6.25% in March 2023 to 4.21% in March 2025. The net profit also turned positive, rising from a loss of INR 1,007.78 crore in March 2023 to a profit of INR 162.11 crore in March 2025. Total assets increased from INR 4,357.31 crore in March 2020 to INR 12,063.14 crore in March 2025, while total liabilities also rose, indicating growth in both assets and obligations. Cash flow from operating activities improved significantly, reaching INR 567 crore in March 2025, compared to a negative cash flow in previous years. Overall, Delhivery's financial performance demonstrates a robust recovery and growth trajectory in recent years.

Is Delhivery technically bullish or bearish?

As of October 31, 2025, Delhivery's trend is mildly bullish, supported by positive daily moving averages and strong buying pressure, despite some caution from mildly bearish weekly and monthly MACD readings.

As of 31 October 2025, the technical trend for Delhivery has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating a positive trend. However, the weekly and monthly MACD readings are mildly bearish, which suggests some caution. The Bollinger Bands show a bullish trend on the monthly timeframe, while the weekly KST and Dow Theory are both mildly bullish. The On-Balance Volume (OBV) is bullish on both weekly and monthly timeframes, indicating strong buying pressure. Overall, while there are some bearish signals in the MACD, the prevailing indicators lean towards a mildly bullish outlook.

Who are the top shareholders of the Delhivery?

The top shareholders of Delhivery include Foreign Institutional Investors (FIIs) with approximately 51.99% of shares, mutual funds holding about 26.53%, and individual investors at around 7.36%. Notably, there are no pledged promoter holdings, and the highest public shareholder is Svf Doorbell (Cayman) Ltd, which holds 0%.

The top shareholders of Delhivery include a significant presence of Foreign Institutional Investors (FIIs), who hold approximately 51.99% of the company's shares. Additionally, mutual funds are represented through 23 schemes, accounting for about 26.53% of the holdings. Individual investors hold around 7.36% of the shares. Notably, there are no pledged promoter holdings, and the highest public shareholder is Svf Doorbell (Cayman) Ltd, which holds 0%. There is no specific promoter with the highest holding mentioned.

Is Delhivery overvalued or undervalued?

As of May 31, 2022, Delhivery is considered overvalued with a high PE ratio of 163.66 and an EV to EBITDA of 68.91, alongside negative profitability metrics, indicating a risky investment despite a recent stock price increase.

As of 31 May 2022, Delhivery's valuation grade moved from does not qualify to risky, indicating a shift in its perceived investment quality. The company appears to be overvalued, given its high PE ratio of 163.66 and an EV to EBITDA ratio of 68.91, which significantly exceeds those of its peers. For comparison, Container Corp. of India Ltd. has a PE ratio of 37.54 and an EV to EBITDA of 24.06, while Transport Corp. of India Ltd. presents a more reasonable PE of 21.85 and an EV to EBITDA of 19.51.<BR><BR>Additionally, Delhivery's ROCE stands at a negative -2.00%, and its ROE is only 1.77%, further supporting the argument for overvaluation. Despite a recent uptick in stock price, with a 1-month return of 23.42% compared to the Sensex's 3.82%, the long-term performance remains concerning, with a 1-year return of -3.57% against the Sensex's 7.56%. Overall, the combination of high valuation ratios and poor profitability metrics suggests that Delhivery is currently overvalued in the market.

Has Delhivery declared dividend?

No Dividend History Available