DELHIVERY LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 405 INR | +0.22% |
|
-10.75% | +4.03% |
| May. 23 | Delhivery Ties Up with Sugar Cosmetics for B2B Shipments in India | MT |
| May. 20 | Jefferies Adjusts Delhivery's Price Target to INR680 From INR665, Keeps at Buy | MT |
Valuation
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 241,678 | 298,628 | - | - |
| Enterprise Value (EV) 1 | 237,213 | 328,275 | 286,672 | 279,327 |
| P/E ratio | -23.5 x | -131 x | -8,729 x | 107 x |
| Yield | - | - | - | - |
| Capitalization / Revenue | 3.34 x | 4.03 x | 3.09 x | 2.62 x |
| EV / Revenue | 3.28 x | 4.03 x | 2.96 x | 2.45 x |
| EV / EBITDA | -52.5 x | 243 x | 59.7 x | 30.8 x |
| EV / FCF | -37.8 x | -149 x | 283 x | 217 x |
| FCF Yield | -2.65% | -0.67% | 0.35% | 0.46% |
| Price to Book | 2.63 x | 3.32 x | 3.31 x | 3.2 x |
| Nbr of stocks (in thousands) | 728,715 | 737,444 | - | - |
| Reference price 2 | 331.6 | 405.0 | 405.0 | 405.0 |
| Announcement Date | 5/19/23 | 5/17/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | - | 72,253 | 81,415 | 96,744 | 113,793 |
| EBITDA 1 | - | -4,516 | 1,353 | 4,799 | 9,072 |
| EBIT 1 | - | -12,692 | -5,862 | -3,054 | 951.7 |
| Operating Margin | - | -17.57% | -7.2% | -3.16% | 0.84% |
| Earnings before Tax (EBT) 1 | - | -10,531 | -2,444 | 300.5 | 3,793 |
| Net income 1 | -10,110 | -10,078 | -2,492 | 108.7 | 3,068 |
| Net margin | - | -13.95% | -3.06% | 0.11% | 2.7% |
| EPS 2 | -16.98 | -14.09 | -3.400 | -0.0464 | 3.798 |
| Free Cash Flow 1 | - | -6,278 | -1,886 | 1,014 | 1,286 |
| FCF margin | - | -8.69% | -2.29% | 1.05% | 1.13% |
| FCF Conversion (EBITDA) | - | - | - | 21.13% | 14.17% |
| FCF Conversion (Net income) | - | - | - | 933.07% | 41.9% |
| Dividend per Share 2 | - | - | - | - | - |
| Announcement Date | 5/30/22 | 5/19/23 | 5/17/24 | - | - |
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 | 8/8/22 | 11/11/22 | 2/10/23 | 5/19/23 | 8/4/23 | - | 11/4/23 | - | - | - |
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 | 11,956 | 19,301 |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow 1 | - | -6,278 | -1,886 | 1,014 | 1,286 |
| ROE (net income / shareholders' equity) | - | -13.3% | -2.92% | 0.15% | 3.17% |
| ROA (Net income/ Total Assets) | - | -10.4% | -4.8% | -3.1% | - |
| Assets 1 | - | 97,200 | 50,868 | -3,505 | - |
| Book Value Per Share 2 | - | 126.0 | 122.0 | 122.0 | 127.0 |
| Cash Flow per Share 2 | - | -0.3700 | 4.680 | 6.320 | 10.40 |
| Capex 1 | - | 6,005 | 5,772 | 6,012 | 6,502 |
| Capex / Sales | - | 8.31% | 7% | 6.21% | 5.71% |
| Announcement Date | 5/30/22 | 5/19/23 | 5/17/24 | - | - |
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
405
INR
Average target price
506.2
INR
Spread / Average Target
+25.01%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +4.03% | 3.6B | |
| -6.85% | 7.13B | |
| +39.09% | 5.77B | |
| +28.76% | 2.64B | |
| +5.06% | 981M | |
| -21.40% | 536M | |
| -28.73% | 544M | |
| -28.50% | 514M | |
| -5.90% | 466M | |
| -11.37% | 433M |
- Stock Market
- Equities
- DELHIVERY Stock
- Financials Delhivery Limited
