Delhivery Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Low debt relative to equity (D/E 0.2x)
Concerns
- ✗Low capital efficiency (ROCE 2.8%)
- ✗Premium to sector peers (P/E 184x vs industry 47.2x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,826 | ₹4.2L Cr | 32.3 | 4.39 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹4,474 | ₹1.7L Cr | 37.4 | 24.85 | -12.2 | 7.12 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹102 | ₹1.0L Cr | 498 | -43.37 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹278 +1.94% | ₹58K Cr | 36.6 | 5.37 | 15.4 | 13.7 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹451 | ₹35K Cr | 28.2 | 2.65 | 9.81 | 12.4 | 0.07 |
| GESHIP The Great Eastern Shipping Company Limited | ₹1,464 -1.88% | ₹22K Cr | 7.37 | 1.28 | 18.8 | 18.4 | 0.06 |
| FSL Firstsource Solutions Limited | ₹268 +0.9% | ₹19K Cr | 25.4 | 4.27 | 17.7 | 16.2 | 0.67 |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
To consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026
Annual General Meeting
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.8K Cr ▲9.6% | ₹2.6K Cr ▲11.6% | ₹2.3K Cr ▲4.7% | ₹2.2K Cr ▼7.8% | ₹2.4K Cr ▲8.6% | ₹2.2K Cr ▲0.8% | ₹2.2K Cr ▲4.6% | ₹2.1K Cr |
| Op. Profit | ₹209 Cr ▲207.4% | ₹68 Cr ▼51.8% | ₹141 Cr ▲18.5% | ₹119 Cr ▲19.0% | ₹100 Cr ▲96.1% | ₹51 Cr ▼46.9% | ₹96 Cr ▲108.7% | ₹46 Cr |
| OPM | 7.0% ▲133.3% | 3.0% ▼50.0% | 6.0% ▲20.0% | 5.0% ▲25.0% | 4.0% ▲100.0% | 2.0% ▼50.0% | 4.0% ▲100.0% | 2.0% |
| Net Profit | ₹40 Cr ▲180.0% | ₹-50 Cr ▼154.9% | ₹91 Cr ▲24.7% | ₹73 Cr ▲192.0% | ₹25 Cr ▲150.0% | ₹10 Cr ▼81.5% | ₹54 Cr ▲179.4% | ₹-68 Cr |
| EPS (₹) | 0.53 ▲179.1% | -0.67 ▼154.9% | 1.22 ▲25.8% | 0.97 ▲185.3% | 0.34 ▲142.9% | 0.14 ▼81.1% | 0.74 ▲179.6% | -0.93 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹10.5K Cr ▲17.6% | ₹8.9K Cr ▲9.7% | ₹8.1K Cr ▲12.7% | ₹7.2K Cr ▲5.0% | ₹6.9K Cr ▲88.7% | ₹3.6K Cr ▲31.1% | ₹2.8K Cr ▲68.1% | ₹1.7K Cr |
| Expenses | ₹9.9K Cr ▲15.3% | ₹8.6K Cr ▲6.7% | ₹8.0K Cr ▲4.4% | ₹7.7K Cr ▲4.3% | ₹7.4K Cr ▲95.2% | ₹3.8K Cr ▲27.7% | ₹3.0K Cr ▼9.8% | ₹3.3K Cr |
| Op. Profit | ₹640 Cr ▲70.2% | ₹376 Cr ▲196.1% | ₹127 Cr ▲128.1% | ₹-452 Cr ▲4.8% | ₹-475 Cr ▼286.2% | ₹-123 Cr ▲28.1% | ₹-171 Cr ▲89.4% | ₹-1.6K Cr |
| OPM | 6.0% ▲50.0% | 4.0% ▲100.0% | 2.0% ▲133.3% | -6.0% ▲14.3% | -7.0% ▼133.3% | -3.0% ▲50.0% | -6.0% ▲93.9% | -98.0% |
| Other Income | ₹340 Cr ▼23.1% | ₹442 Cr ▲0.7% | ₹439 Cr ▲37.6% | ₹319 Cr ▲104.5% | ₹156 Cr ▲4.0% | ₹150 Cr ▼27.5% | ₹207 Cr ▲404.9% | ₹41 Cr |
| Interest | ₹144 Cr ▲14.3% | ₹126 Cr ▲41.6% | ₹89 Cr ▲0.0% | ₹89 Cr ▼11.0% | ₹100 Cr ▲12.4% | ₹89 Cr ▲81.6% | ₹49 Cr ▲36.1% | ₹36 Cr |
| Depreciation | ₹695 Cr ▲29.9% | ₹535 Cr ▼25.9% | ₹722 Cr ▼13.1% | ₹831 Cr ▲36.0% | ₹611 Cr ▲72.1% | ₹355 Cr ▲38.7% | ₹256 Cr ▲50.6% | ₹170 Cr |
| PBT | ₹140 Cr ▼10.8% | ₹157 Cr ▲164.3% | ₹-244 Cr ▲76.8% | ₹-1.1K Cr ▼2.3% | ₹-1.0K Cr ▼147.4% | ₹-416 Cr ▼54.6% | ₹-269 Cr ▲84.9% | ₹-1.8K Cr |
| Tax % | -9.0% ▼200.0% | -3.0% ▼250.0% | 2.0% ▲150.0% | -4.0% ▼100.0% | -2.0% | 0.0% | 0.0% | 0.0% |
| Net Profit | ₹153 Cr ▼5.6% | ₹162 Cr ▲165.1% | ₹-249 Cr ▲75.3% | ₹-1.0K Cr ▲0.3% | ₹-1.0K Cr ▼143.0% | ₹-416 Cr ▼54.6% | ₹-269 Cr ▲84.9% | ₹-1.8K Cr |
| EPS (₹) | 2.04 ▼6.0% | 2.17 ▲164.2% | -3.38 ▲75.6% | -13.83 ▲12.2% | -15.75 ▲99.4% | -2,492.6 ▲9.6% | -2,758.26 ▲85.2% | -18,607.05 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities | |||||||||
| Equity Capital | ₹75 Cr ▲0.0% | ₹75 Cr ▲0.0% | ₹75 Cr ▲1.4% | ₹74 Cr ▲1.4% | ₹73 Cr ▲14.1% | ₹64 Cr ▲3100.0% | ₹2 Cr ▲104.1% | ₹0.98 Cr ▲2.1% | ₹0.96 Cr |
| Reserves | ₹9.6K Cr ▲1.7% | ₹9.5K Cr ▲1.0% | ₹9.4K Cr ▲3.2% | ₹9.1K Cr ▼0.4% | ₹9.1K Cr ▲54.5% | ₹5.9K Cr ▲110.5% | ₹2.8K Cr ▼10.5% | ₹3.1K Cr ▼6.5% | ₹3.3K Cr |
| Borrowings | ₹1.5K Cr ▼10.9% | ₹1.6K Cr ▲15.5% | ₹1.4K Cr ▲21.6% | ₹1.2K Cr ▲26.7% | ₹923 Cr ▼16.2% | ₹1.1K Cr ▼4.3% | ₹1.2K Cr ▲45.1% | ₹794 Cr ▲76.4% | ₹450 Cr |
| Other Liabilities | ₹1.6K Cr ▲6.4% | ₹1.5K Cr ▲26.5% | ₹1.2K Cr ▲6.1% | ₹1.1K Cr ▲4.5% | ₹1.1K Cr ▼8.6% | ₹1.2K Cr ▲85.1% | ₹644 Cr ▲49.1% | ₹432 Cr ▲63.6% | ₹264 Cr |
| Total Liabilities | ₹12.8K Cr ▲0.6% | ₹12.7K Cr ▲5.3% | ₹12.1K Cr ▲5.3% | ₹11.5K Cr ▲2.3% | ₹11.2K Cr ▲35.6% | ₹8.3K Cr ▲79.4% | ₹4.6K Cr ▲5.5% | ₹4.4K Cr ▲7.2% | ₹4.1K Cr |
| Assets | |||||||||
| Fixed Assets | ₹5.4K Cr ▼1.1% | ₹5.5K Cr ▲41.3% | ₹3.9K Cr ▲15.9% | ₹3.4K Cr ▲12.0% | ₹3.0K Cr ▼1.9% | ₹3.1K Cr ▲189.8% | ₹1.1K Cr ▲41.5% | ₹744 Cr ▲52.5% | ₹488 Cr |
| CWIP | ₹1 Cr ▼96.0% | ₹25 Cr ▼24.2% | ₹33 Cr ▲13.8% | ₹29 Cr ▲26.1% | ₹23 Cr ▼61.7% | ₹60 Cr ▼22.1% | ₹77 Cr ▲140.6% | ₹32 Cr ▲3100.0% | ₹1 Cr |
| Investments | ₹3.0K Cr ▲12.4% | ₹2.6K Cr ▼26.4% | ₹3.6K Cr ▲28.9% | ₹2.8K Cr ▲32.6% | ₹2.1K Cr ▲0.1% | ₹2.1K Cr ▲85.4% | ₹1.1K Cr ▼5.1% | ₹1.2K Cr ▲2.9% | ₹1.2K Cr |
| Other Assets | ₹4.4K Cr ▼3.6% | ₹4.5K Cr ▼0.4% | ₹4.6K Cr ▼13.8% | ₹5.3K Cr ▼12.9% | ₹6.1K Cr ▲99.4% | ₹3.0K Cr ▲30.3% | ₹2.3K Cr ▼2.3% | ₹2.4K Cr ▼1.0% | ₹2.4K Cr |
| Total Assets | ₹12.8K Cr ▲0.6% | ₹12.7K Cr ▲5.3% | ₹12.1K Cr ▲5.3% | ₹11.5K Cr ▲2.3% | ₹11.2K Cr ▲35.6% | ₹8.3K Cr ▲79.4% | ₹4.6K Cr ▲5.5% | ₹4.4K Cr ▲7.2% | ₹4.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹911 Cr ▲60.7% | ₹567 Cr ▲20.1% | ₹472 Cr ▲1673.3% | ₹-30 Cr ▲87.6% | ₹-241 Cr ▼4920.0% | ₹5 Cr ▲100.8% | ₹-634 Cr ▼160.9% | ₹-243 Cr |
| Investing CF | ₹-479 Cr ▼369.6% | ₹-102 Cr ▼3.0% | ₹-99 Cr ▲97.1% | ₹-3.4K Cr ▼24.3% | ₹-2.7K Cr ▼911.2% | ₹338 Cr ▲136.2% | ₹-933 Cr ▲0.6% | ₹-939 Cr |
| Financing CF | ₹-532 Cr ▼23.1% | ₹-432 Cr ▼18.0% | ₹-366 Cr ▼110.3% | ₹3.5K Cr ▲21.9% | ₹2.9K Cr ▲2074.1% | ₹-147 Cr ▼764.7% | ₹-17 Cr ▼100.6% | ₹2.9K Cr |
| Net Cash Flow | ₹-99 Cr ▼400.0% | ₹33 Cr ▲312.5% | ₹8 Cr ▼92.0% | ₹100 Cr ▲223.5% | ₹-81 Cr ▼141.3% | ₹196 Cr ▲112.4% | ₹-1.6K Cr ▼194.5% | ₹1.7K Cr |
| Free Cash Flow | ₹-802 Cr ▼971.7% | ₹92 Cr ▲2200.0% | ₹4 Cr ▲100.6% | ₹-624 Cr ▲20.0% | ₹-780 Cr ▼219.7% | ₹-244 Cr ▲71.2% | ₹-847 Cr ▼112.3% | ₹-399 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48d ▼17.2% | 58d ▼9.4% | 64d ▼16.9% | 77d ▲45.3% | 53d ▼11.7% | 60d ▼24.1% | 79d ▲68.1% | 47d |
| Inventory Days | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 48d ▼17.2% | 58d ▼9.4% | 64d ▼16.9% | 77d ▲45.3% | 53d ▼11.7% | 60d ▼24.1% | 79d ▲68.1% | 47d |
| Working Capital Days | 98d ▲44.1% | 68d ▼37.6% | 109d ▼38.8% | 178d ▲334.1% | 41d ▼53.9% | 89d ▲1.1% | 88d ▲319.0% | 21d |
| ROCE | 3.0% ▲50.0% | 2.0% ▲200.0% | -2.0% ▲81.8% | -11.0% ▲35.3% | -17.0% ▼112.5% | -8.0% ▼14.3% | -7.0% | — |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Delhivery Limited
Delhivery provides a full range of Logistics services, including delivery of express parcels and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software. The company also offers value-added services such as e-commerce return services, payment collection and processing, installation & assembly services, and fraud detection.[1]
Services · Transport Services