Delhivery

Why is Delhivery Ltd falling/rising?

As of 24-Aug, Delhivery Ltd's stock price is at 444.00, reflecting a decline of 5.1 (-1.14%). The company is experiencing significant challenges, including poor management efficiency, negative operating profits, and a substantial drop in profitability, contributing to its underperformance in the market.

As of 24-Aug, Delhivery Ltd's stock price is falling, currently at 444.00, which reflects a decrease of 5.1 (-1.14%). The stock has been on a downward trend, having lost 2.21% over the last two days and showing a 4.01% decline over the past month. This underperformance is notable when compared to the broader market, as the Sensex has gained 1.72% in the same period.<BR><BR>Several factors contribute to this decline. The company's management efficiency is poor, indicated by a low return on equity (ROE) of 0.72%, which signifies low profitability per unit of shareholders' funds. Additionally, the company reported flat results for the quarter ending June 26, with a profit before tax (PBT) of Rs -83.86 crore, a significant drop of 74.4% compared to the previous four-quarter average. The profit after tax (PAT) for the latest six months has also decreased by 37.16%, and cash and cash equivalents are at their lowest, recorded at Rs 244.34 crore.<BR><BR>Moreover, the company has recorded negative operating profits, with an earnings before interest and taxes (EBIT) of Rs -103.88 crore. Over the past year, while the stock has generated a return of -6.24%, its profits have fallen by 39.9%. This combination of declining profits and negative operating results contributes to the perception of the stock as risky, especially as it has underperformed both the BSE500 and the broader market over various time frames.<BR><BR>Despite some positive aspects, such as being net-debt free and having high institutional holdings at 85.01%, the overall performance indicators suggest that Delhivery Ltd is facing significant challenges, leading to its current stock price decline.

Which are the latest news on Delhivery?

Who are in the management team of Delhivery?

The management team of Delhivery includes Chairman Deepak Kapoor, CEO Sahil Barua, and key executives Sandeep Kumar Barasia (CBO) and Kapil Bharati (CTO), along with several independent directors. This diverse team provides extensive experience to guide the company's operations and strategy.

The management team of Delhivery includes the following key members:<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. **Suvir Suren Sujan** - Non-Executive Director<BR>6. **Donald Francis Colleran** - Non-Executive Director<BR><BR>Additionally, there are several Independent Non-Executive Directors on the board:<BR><BR>1. **SRIVATSAN RAJAN**<BR>2. **Saugata Gupta**<BR>3. **Romesh Sobti**<BR>4. **Aruna Sundararajan**<BR>5. **Anindya Ghose**<BR><BR>This diverse team brings a wealth of experience and expertise to guide Delhivery in its operations and strategic initiatives.

What does Delhivery do?

Delhivery Ltd is a small-cap transport services company, incorporated in 2011, with recent quarterly net sales of ₹2,931 Cr and a net profit of ₹32 Cr as of June 2026. It has a market cap of ₹35,260 Cr and key metrics include a P/E ratio of 293 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 changed its name to "Delhivery Private Limited" in December 2015. The most recent quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 2,931 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 32 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 35,260 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 293.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.05 <BR>Return on Equity: 1.84% <BR>Price to Book: 3.64 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the Delhivery?

Delhivery's peers include Container Corporation, GE Shipping, SCI, Blue Dart Express, Blackbuck, Transport Corporation, TVS Supply, VRL Logistics, and Afcom Holdings. Delhivery has below-average management risk and growth, with a 1-year return of 0.07%, compared to GE Shipping's 35.37% and Blue Dart's -13.23%.

Peers: The peers of Delhivery are Container Corpn., GE Shipping Co, S C I, Blue Dart Expres, Blackbuck, Transport Corp., TVS Supply, VRL Logistics, and Afcom Holdings.<BR><BR>Quality Snapshot: Excellent management risk is observed at Container Corpn., GE Shipping Co, Blue Dart Expres, Transport Corp., VRL Logistics, and Afcom Holdings, while Average management risk is found at S C I and Blackbuck, and Below Average management risk is noted for Delhivery and TVS Supply. Growth is Excellent for GE Shipping Co and Blackbuck, Good for Delhivery, S C I, and Afcom Holdings, while Below Average growth is seen at Container Corpn. and Blue Dart Expres. Capital Structure is Excellent for Container Corpn., GE Shipping Co, and Transport Corp., Good for Delhivery, S C I, Blue Dart Expres, Blackbuck, and VRL Logistics, and Below Average for TVS Supply.<BR><BR>Return Snapshot: The peer with the highest 1-year return is GE Shipping Co at 35.37%, while the lowest is Blue Dart Expres at -13.23%. Delhivery's own 1-year return is 0.07%, which is higher than Blue Dart Expres but lower than GE Shipping Co. Additionally, peers with negative six-month returns include Blue Dart Expres, Transport Corp., and TVS Supply.

How big is Delhivery?

As of 14th August, Delhivery Ltd has a market capitalization of 34,469.17 Cr, with net sales of 11,145.04 Cr and a net profit of 93.54 Cr in the latest four quarters.

As of 14th August, Delhivery Ltd has a market capitalization of 34,469.17 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Delhivery reported net sales of 11,145.04 Cr and a net profit of 93.54 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 9,432.15 Cr and total assets of 12,063.14 Cr.

Should I buy, sell or hold Delhivery Ltd?

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.

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