Delhivery Ltd.

NSE: DELHIVERY · Services

₹428.00-0.48%06 Nov 2026

Ask the data

Instant answers about Delhivery Ltd. — computed from its filings, no language model

Market cap₹32,070 cr

Current price₹428.00

High / Low₹520 / ₹370

P/E171.2

P/B3.27

Book value₹131.0

ROE1.9%

ROCE3.1%

Debt / equity0.00

Dividend yield—

EPS (TTM)₹2.50

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY22	FY23	FY24	FY25	FY26
Revenue	6,882	7,225	8,142	8,932	10,508
EBITDA	-472	-452	127	376	640
Operating margin	-6.9%	-6.3%	1.6%	4.2%	6.1%
Interest	100	89	89	126	144
Depreciation	611	831	722	535	695
Profit before tax	-1,026	-1,067	-253	150	133
Tax	-18	-45	5	-5	-12
Net profit	-1,011	-1,008	0	162	153
EPS ₹	-16.98	-14.09	-3.40	2.19	2.04
Operating cash flow	-241	-27	472	567	911
Capex	544	601	565	483	422
Dividend paid	0	0	0	0	0
Total assets	8,251	11,189	11,453	12,063	12,777
Equity	5,957	9,177	9,145	9,432	9,687

Quarterly performance

last 19 quarters · ₹ crore

showing latest 8 of 19 periods

	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	2,072	1,746	1,796	1,824	1,860	1,930	1,942	2,194	2,076	2,172	2,190	2,378	2,192	2,294	2,559	2,805	2,850	2,931	3,066
Operating profit	63	-254	-138	-73	13	-13	-16	109	46	97	57	102	119	149	68	209	214	142	205
Operating margin	3.1%	-14.6%	-7.7%	-4.0%	0.7%	-0.7%	-0.8%	5.0%	2.2%	4.5%	2.6%	4.3%	5.4%	6.5%	2.7%	7.4%	7.5%	4.9%	6.7%
Other income	55	49	87	94	75	101	101	131	119	110	120	99	112	130	92	77	59	114	67
Interest	23	25	24	21	19	20	20	22	27	28	31	33	34	34	39	37	34	34	34
Depreciation	223	181	200	207	242	167	171	183	200	119	131	142	142	147	178	187	183	189	197
Profit before tax	-127	-411	-274	-208	-173	-99	-105	28	-77	54	15	26	55	97	-57	35	58	33	40
Tax	-11	-6	-12	-13	-14	-3	-2	12	-2	-1	-2	-1	-1	-1	-3	-3	-5	-2	-2
Net profit	-120	0	-254	-196	-159	0	-103	12	0	54	0	0	73	91	-50	40	72	32	43
EPS ₹	-2.01	-5.87	-3.43	-2.65	-2.14	-1.23	-1.41	0.16	-0.93	0.74	0.14	0.34	0.97	1.22	-0.68	0.53	0.97	0.43	0.54
Revenue YoY	—	—	—	—	-10.2%	10.5%	8.1%	20.3%	11.6%	12.6%	12.8%	8.4%	5.6%	5.6%	16.9%	17.9%	30.0%	27.8%	19.8%
Profit YoY	—	—	—	—	—	—	—	—	—	—	—	-100.0%	—	67.5%	—	—	-0.2%	-65.0%	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 16 periods

	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	-6.1%	-6.6%	-6.6%	-5.0%	-2.7%	-1.0%	-0.4%	0.7%	0.6%	1.3%	1.7%	1.2%	1.6%	1.6%	1.0%	1.9%
ROCE	-9.6%	-10.4%	-7.1%	-5.4%	-2.9%	-1.8%	-0.0%	1.4%	1.5%	2.9%	3.4%	2.3%	2.5%	2.9%	2.2%	3.1%
Net margin	-7.7%	-8.4%	-8.2%	-6.1%	-3.2%	-1.1%	-0.4%	0.8%	0.6%	1.4%	1.8%	1.2%	1.6%	1.5%	0.8%	1.6%
EBITDA margin	-5.4%	-6.3%	-2.8%	-1.2%	1.2%	1.6%	2.8%	3.6%	3.4%	4.2%	4.7%	4.7%	5.5%	6.1%	5.7%	6.6%
Debt / equity	0.03	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.00	0.00	0.17	0.17	0.00	0.00	0.00
Interest coverage	-9.95	-11.01	-8.00	-6.36	-3.35	-1.86	-0.03	1.18	1.15	2.19	2.47	1.87	1.91	1.92	1.48	2.19
Asset turnover	0.64	0.65	0.66	0.67	0.71	0.71	0.73	0.73	0.74	0.74	0.75	0.74	0.78	0.82	0.87	0.90

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 11 periods

	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	2	64	73	73	73	74	74	75	75	75	75
Other equity / reserves	2,835	5,893	9,314	9,104	9,038	9,071	9,192	9,358	9,454	9,612	9,741
Total equity	2,837	5,957	9,386	9,177	9,111	9,145	9,266	9,432	9,529	9,687	9,816
Borrowings	301	353	251	199	170	126	79	40	1,642	3	0
Current liabilities	954	1,502	1,409	1,281	1,385	1,347	1,458	1,408	1,739	1,923	1,933
Non-current liabilities	807	792	852	731	699	962	1,151	1,223	1,431	1,167	1,221
Total assets	4,598	8,251	11,647	11,189	11,195	11,453	11,875	12,063	12,699	12,777	12,970
Property, plant & equipment	238	623	771	795	820	932	1,111	2,484	3,019	2,914	3,004
Capital work-in-progress	77	58	111	22	152	29	19	33	25	1	10
Investments	1,128	2,091	1,712	2,094	2,273	2,776	3,460	3,578	2,634	2,074	2,600
Inventories	26	25	28	19	20	16	23	16	30	24	54
Receivables	595	990	891	944	1,327	1,430	1,400	1,412	1,496	1,371	1,410
Cash & equivalents	—	—	463	295	381	303	254	336	355	242	308

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 6 periods

	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	5	-241	-27	472	567	911
Cash from investing	338	-2,742	-3,411	-99	-104	-479
Cash from financing	-147	2,902	3,538	-366	-432	-532
Capex	251	544	601	565	483	422
Free cash flow	-246	-784	-628	-93	84	489
Dividends paid	—	0	0	0	0	0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹3,004 cr23%

CWIP

₹10 cr0%

Investments

₹2,600 cr20%

Inventories

₹54 cr0%

Receivables

₹1,410 cr11%

Cash & equivalents

₹308 cr2%

Other assets

₹5,584 cr43%

Peer comparison

largest in Services · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Ports and Special Economic Zone Ltd.	4,46,183	1,936.60	38.7	4.36	11.3%
InterGlobe Aviation Ltd.	2,11,757	5,476.00	—	42.39	-82.1%
GMR Airports Ltd.	1,05,277	98.75	210.4	—	—
JSW Infrastructure Ltd.	78,694	338.30	54.6	4.37	8.0%
Container Corporation of India Ltd.	33,496	439.80	27.5	2.51	9.1%
Delhivery Ltd.	32,070	428.00	171.2	3.27	1.9%
Redington Ltd.	25,602	327.50	13.8	2.38	17.2%
Firstsource Solutions Ltd.	20,467	293.65	28.3	4.20	14.8%
Great Eastern Shipping Co. Ltd.	20,398	1,428.70	5.4	1.20	22.1%
International Gemological Institute Ltd.	17,606	407.40	34.1	10.05	29.5%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+7.5%

6 months-11.2%

1 year-11.7%

3Y CAGR+2.0%

5Y CAGR—

10Y CAGR—

50-day avg₹420.73

200-day avg₹443.55

RSI (14)58

Compare Delhivery Ltd. with

GMR Airports vs Delhivery JSW Infrastructure vs Delhivery Container Corporation of India vs Delhivery Delhivery vs Redington Delhivery vs Firstsource Solutions Delhivery vs Great Eastern Shipping Co.

FAQs

What is the share price of Delhivery Ltd.?

Delhivery Ltd. (DELHIVERY) closed at ₹428.00 on NSE on 06 Nov 2026.

What is the market cap of Delhivery Ltd.?

₹32,070 crore at the latest close.

What is the P/E ratio of Delhivery Ltd.?

171.2, on trailing-twelve-month earnings from its filings.

How fast is Delhivery Ltd. growing?

Delhivery Ltd.: revenue has compounded at 13.3% a year over three years. Latest-quarter revenue is up 19.8% year on year.

How profitable is Delhivery Ltd.?

On a trailing-twelve-month basis return on equity is 1.9%, return on capital employed 3.1%, operating margin 6.6%, net margin 1.6%.

How much debt does Delhivery Ltd. have?

Delhivery Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹308 cr (balance sheet of 2026-09-30). Operating profit covers interest 2.2 times.

Financials parsed from Delhivery Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '22, annual from FY22, balance sheet from Mar '21. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.