Skip to content
thestock.space

Delhivery (DELHIVERY) had a P/E of 176.9× on 6 Nov 2026, above the industry P/E of 16.1×, and the shares are 18% below their 52-week high. It earns ROCE of 2.6% and ROE of 1.9%, and sales grew 13% a year over 3 years. Debt is 0.15× equity. It is a small-cap company with a market cap of ₹32,080 Cr, the largest of 43 Integrated Freight & Logistics companies by market cap; the shares fell 11% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹428.40
Day high
₹428.40
Day low
₹417.25
Prev. close
₹430.05
Volume
24.9 L

Health check

3 fair · 3 to check
  • ReturnsIn line

    −11.3% over a year, better than 4 of 7 peers.

  • Price tagPricier

    P/E 176.9 vs industry 16.1.

  • GrowthSteady

    Sales +13.2% a year over 3 years.

  • ProfitabilityWeak

    ROCE 2.6% vs peer median 11.0%.

  • Balance sheetFair

    Debt 0.15× equity, interest covered 2.0×, Piotroski 5 of 9.

  • Red flags2 to check

    Return on equity is low at 1.9%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Integrated Freight & Logistics

42 listed peers. Screen the industry

Small cap

₹32,080 Cr, the largest of 43 in its industry.

Defensive

Beta 0.20 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹11,652 Cr · profit ₹185 Cr
Market cap
₹32,080 Cr
Small cap
P/E
176.9
Industry 16.1
Price to book
3.28
Peers 3.34
Dividend yield
0.00%
ROE
1.9%
Peers 9.6%
ROCE
2.6%
Peers 11.0%
Debt to equity
0.15
Debt ₹1,465 Cr
EPS (TTM)
₹2.42
Face value ₹1
OPM (TTM)
0.1%
Net margin 1.6%
Sales growth
+19.8%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
2.75
EV/EBITDA 74.8

Strengths and risks

Strengths

  • Quarterly sales up 19.8% on a year ago.

Risks to check

  • Return on equity is low at 1.9%.
  • P/E of 176.9 against an industry P/E of 16.1.

Derived automatically from reported figures. Not a recommendation.

About Delhivery

Delhivery Limited provides supply chain solutions in India. It offers express parcel services; part truckload services; supply chain services that provide integrated warehousing and transportation services; point-to-point and multi-point full-truckload services; and cross-border services comprising door-to-door and port-to-port parcel and freight shipping services. The company also provides Delhivery Rapid, a network of shared in-city forward fulfillment…

Headquarters
Gurugram
Employees
27,932
Sector
Industrials
ISIN
INE148O01028
Website
delhivery.com

Price range

52 weeks

₹364.65₹524.00

Today

₹417.25₹428.40
Avg volume (3M)
30.1 L
1-year return
minus 11.3%
From 52-week high
minus 18.3%

Analyst consensus

20 analysts
Strong buyMean target ₹527.65 plus 23.3%

Target range, with today’s price

Low ₹450.00High ₹600.00

Today’s price ₹428.00 is below the lowest analyst target.

Next results expected around 28 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Integrated Freight & Logistics

Compare with peersScreen the whole industry
Company
DELHIVERYDelhivery428.00minus 0.48%32,080176.93.282.6%1.9%0.1%13.2%–0.00%minus 11.3%
SHADOWFAXShadowfax Technologies288.25minus 0.88%16,97167.38.95–17.4%6.2%43.7%–0.00%plus 162.1%
BLUEDARTBlue Dart Express4,541.30minus 0.76%10,77634.86.0616.9%14.8%6.7%5.9%−12.6%0.55%minus 28.2%
TCITransport Corporation of India861.45minus 1.38%6,48514.42.3718.1%17.7%7.6%9.1%12.9%1.16%minus 26.1%
LEAPINDLEAP India121.97plus 0.05%5,37371.73.349.0%9.6%22.9%42.4%90.5%0.00%minus 15.8%
TVSSCSTVS Supply Chain Solutions117.07minus 1.62%5,17480.22.549.0%6.0%2.3%3.3%42.1%0.00%minus 8.2%
MAHLOGMahindra Logistics421.10plus 0.10%4,18155.83.48–7.1%2.3%––0.59%plus 22.2%
GATEWAYGateway Distriparks46.98minus 1.14%2,34710.01.0011.0%9.4%14.8%15.9%2.1%4.26%minus 25.1%
Median of 7 peers–−0.88%5,37355.83.3411.0%9.6%6.7%12.5%12.9%0.55%−15.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
2,2942,8052,8502,9313,066
2,2932,7832,8192,9783,059
1.422.230.9−47.17.4
0.1%0.8%1.1%−1.6%0.2%
1227968.911165.6
3437.234.133.834
–−27.41.5––
89.736.767.330.239
−1.5%−7.9%−7.6%−5.5%−4.2%
9139.672.431.940.6
1.200.520.950.420.53

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+13.2%
ROE
1.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7,2258,1428,93210,488
–+12.7%+9.7%+17.4%
7,6488,0038,5529,846
−423139380642
−5.9%1.7%4.3%6.1%
244271249233
88.387.8125144
831722535695
45155188104
−1,053−244157140
4.3%−1.9%−3.2%−8.6%
−1,008−249162153
-14.09-3.402.142.00

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
72.973.774.674.9
9,1049,0719,3589,612
9231,1691,4221,463
1,1131,1391,2091,627
11,21311,45312,06312,777
1,5151,9582,5232,919
52.737.938.55.1
6001,3181,4431,423
4,7043,9663,8672,832
4,3424,1734,1925,598
11,21311,45312,06312,777

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−29.7472567911
−3,411−99.1−104−479
3,538−366−432−532
987.231.5−98.9
−601−565−483−422
−630−92.684.2489

Shareholding pattern

Source: NSE filings
0.0%
promoters
  • Public100.00%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 20260.00%100.00%0.00
30 Jun 20260.00%100.00%0.00
31 Mar 20260.00%100.00%0.00
31 Dec 20250.00%100.00%0.00
30 Sep 20250.00%100.00%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you