DELHIVERY LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 399.2 INR | -0.32% |
|
+1.46% | +2.54% |
| 23/05 | Delhivery Ties Up with Sugar Cosmetics for B2B Shipments in India | MT |
| 23/05 | Delhivery Announces Tie-Up with SUGAR Cosmetics for Pan-India B2b Shipments | CI |
Valuation
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 2,41,678 | 2,94,792 | - | - |
| Enterprise Value (EV) 1 | 2,37,213 | 3,28,275 | 2,75,522 | 2,72,985 |
| P/E ratio | -23.5 x | -131 x | 10,190 x | 101 x |
| Yield | - | - | - | - |
| Capitalization / Revenue | 3.34 x | 4.03 x | 3.1 x | 2.6 x |
| EV / Revenue | 3.28 x | 4.03 x | 2.9 x | 2.4 x |
| EV / EBITDA | -52.5 x | 243 x | 57.1 x | 30.1 x |
| EV / FCF | -37.8 x | -147 x | 398 x | 393 x |
| FCF Yield | -2.65% | -0.68% | 0.25% | 0.25% |
| Price to Book | 2.63 x | 3.27 x | 3.27 x | 3.17 x |
| Nbr of stocks (in thousands) | 7,28,715 | 7,38,550 | - | - |
| Reference price 2 | 331.6 | 399.2 | 399.2 | 399.2 |
| Announcement Date | 19/05/23 | 17/05/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | - | 72,253 | 81,415 | 95,038 | 1,13,599 |
| EBITDA 1 | - | -4,516 | 1,353 | 4,822 | 9,082 |
| EBIT 1 | - | -12,692 | -5,862 | -2,988 | 1,173 |
| Operating Margin | - | -17.57% | -7.2% | -3.14% | 1.03% |
| Earnings before Tax (EBT) 1 | - | -10,531 | -2,444 | 573.6 | 4,034 |
| Net income 1 | -10,110 | -10,078 | -2,492 | 216.9 | 3,259 |
| Net margin | - | -13.95% | -3.06% | 0.23% | 2.87% |
| EPS 2 | -16.98 | -14.09 | -3.400 | 0.0392 | 3.955 |
| Free Cash Flow 1 | - | -6,278 | -1,886 | 692.7 | 695 |
| FCF margin | - | -8.69% | -2.29% | 0.73% | 0.61% |
| FCF Conversion (EBITDA) | - | - | - | 14.37% | 7.65% |
| FCF Conversion (Net income) | - | - | - | 319.34% | 21.33% |
| Dividend per Share 2 | - | - | - | - | - |
| Announcement Date | 30/05/22 | 19/05/23 | 17/05/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 17,457 | 17,961 | 18,238 | 18,596 | 19,298 | 20,367 | 38,715 | 21,388 | 21,367 | - |
| EBITDA 1 | - | -1,377 | -732.7 | 134 | -66.14 | 155.6 | -286 | 496.3 | 636.2 | - |
| EBIT 1 | -4,354 | -3,377 | -2,806 | -2,283 | -1,740 | -1,731 | - | -1,455 | -1,389 | - |
| Operating Margin | -24.94% | -18.8% | -15.38% | -12.28% | -9.01% | -8.5% | - | -6.8% | -6.5% | - |
| Earnings before Tax (EBT) 1 | - | -2,744 | - | -1,726 | -921.7 | -834 | - | -635 | -399 | - |
| Net income 1 | - | -2,541 | - | -1,587 | -894.8 | -712.5 | -1,972 | -678 | -91.72 | - |
| Net margin | - | -14.15% | - | -8.53% | -4.64% | -3.5% | -5.09% | -3.17% | -0.43% | - |
| EPS 2 | - | - | - | -2.140 | -1.230 | -0.7500 | - | -1.032 | 0.0455 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 08/08/22 | 11/11/22 | 10/02/23 | 19/05/23 | 04/08/23 | - | 04/11/23 | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - |
| Net Cash position 1 | - | 4,466 | 17,649 | 19,270 | 21,807 |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow 1 | - | -6,278 | -1,886 | 693 | 695 |
| ROE (net income / shareholders' equity) | - | -13.3% | -2.92% | 0.1% | 2.96% |
| ROA (Net income/ Total Assets) | - | -10.4% | -4.8% | -3.1% | 0.3% |
| Assets 1 | - | 97,200 | 50,868 | -6,997 | 10,86,271 |
| Book Value Per Share 2 | - | 126.0 | 122.0 | 122.0 | 126.0 |
| Cash Flow per Share 2 | - | -0.3700 | 4.680 | 5.080 | 7.990 |
| Capex 1 | - | 6,005 | 5,772 | 6,031 | 6,745 |
| Capex / Sales | - | 8.31% | 7% | 6.35% | 5.94% |
| Announcement Date | 30/05/22 | 19/05/23 | 17/05/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
399.2
INR
Average target price
502.6
INR
Spread / Average Target
+25.91%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.54% | 353.58Cr | |
| -14.72% | 663.59Cr | |
| +47.74% | 614.15Cr | |
| +21.90% | 248.55Cr | |
| +5.06% | 96Cr | |
| +11.35% | 72Cr | |
| -37.38% | 46Cr | |
| -10.15% | 43Cr | |
| -42.51% | 42Cr | |
| -18.65% | 40Cr |
- Stock Market
- Equities
- DELHIVERY Stock
- Financials Delhivery Limited
