Is Delhivery a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Delhivery Ltd is a average quality company .

Is Delhivery undervalued or overvalued?

The key valuation ratios of Delhivery Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Delhivery share price return in the past 10 years?

Data is not available for this company

Is Delhivery a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Delhivery Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Delhivery Ltd - Stock Valuation and Financial Performance

Name: Delhivery
Brand: Delhivery

BSE: 543529 | NSE: DELHIVERY | Courier Services | Small Cap

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Delhivery Share Price

₹353.35 -11.55 -3.17%
as on 04-Nov'24 15:31

10 Year X-Ray of Delhivery:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	-42.1%	-110.6%	0%	0%	-254.5%	-6.8%	-8.1%	-15.9%	-8.9%	-0.8%	-
Value Creation Index ⓘ	-4.7	-10.8	NA	NA	-23.6	-1.6	-1.7	-2.1	-1.8	-1.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	223	496	738	1,019	1,654	2,777	3,500	5,911	6,659	7,454	7,683
Sales YoY Gr.	-	122.6%	48.8%	38.1%	62.2%	67.9%	26%	68.9%	12.7%	12%	-
Adj EPS ⓘ	-7.5	-33.2	-66.3	-71.8	-185.1	-30.5	-21.8	-10.4	-11.2	-2	-0.6
YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	14.7	33.2	-162.1	-233.2	342.8	308	163.3	90.4	124	122.9	123.2
Adj Net Profit ⓘ	-71.1	-317	-632	-688	-1,774	-297	-363	-666	-814	-146	-41
Cash Flow from Ops. ⓘ	-104	-346	-430	-218	-337	-643	13.5	-441	-40.3	521	-
Debt/CF from Ops. ⓘ	-0.1	-0.2	-0	-0.2	-0.3	-0.4	22.4	-0.7	-4.9	0.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	47.7%	35.1%	28.7%	12%
Adj EPS ⓘ	NA	NA	NA	NA
BVPSⓘ	26.6%	-18.6%	-9%	-0.9%
Share Price	-	-	-	-12.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-46.7	-129.3	104.8	37	-285.1	-9	-12	-14.7	-10.4	-1.5	-0.5
Op. Profit Mgn % ⓘ	-31.4	-60.7	-78.3	-66.4	-102.7	-6.1	-1.4	-2.7	-5.8	2.4	3.6
Net Profit Mgn % ⓘ	-31.9	-63.9	-85.6	-67.5	-107.3	-10.7	-10.4	-11.3	-12.2	-2	-0.5
Debt to Equity ⓘ	0.1	0.2	-0	-0	0	0.1	0.1	0.1	0	0	-
Working Cap Days ⓘ	0	147	222	240	161	177	212	149	224	252	146
Cash Conv. Cycle ⓘ	0	18	12	-56	-32	28	27	9	22	27	114

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 28.66%

Sales growth is good in last 4 quarters at 12.37%

Return on Equity is Poor

Latest Financials - Delhivery Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-0.6	-1.4
TTM Sales (₹ Cr.)	7,683	8,384
BVPS (₹.) ⓘ	123.2	116.5
Reserves (₹ Cr.) ⓘ	9,051	8,559
P/BV ⓘ	2.97	3.14
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	348.35 / 488.05
All Time Low / High (₹)	291.00 / 708.45
Market Cap (₹ Cr.)	27,143
Equity (₹ Cr.)	74.1
Face Value (₹)	1
Industry PE ⓘ	68.4

Management X-Ray of Delhivery:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Delhivery

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Delhivery

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	223	496	738	1,019	1,654	2,777	3,500	5,911	6,659	7,454
Operating Expenses ⓘ	293	797	1,316	1,697	3,352	2,947	3,548	6,370	7,048	7,277
Manufacturing Costs	16	448	899	58	79	942	1,297	2,184	2,847	2,968
Material Costs	0	0	0	0	0	6	10	172	2	0
Employee Cost	49	165	200	279	355	486	555	1,177	1,217	1,309
Other Costs ⓘ	228	185	218	1,359	2,918	1,513	1,686	2,837	2,982	3,000
Operating Profit ⓘ	-70	-301	-578	-677	-1,698	-169	-48	-459	-389	178
Operating Profit Margin (%)	-31.4%	-60.7%	-78.3%	-66.4%	-102.0%	-6.1%	-1.4%	-7.8%	-5.8%	2.4%
Other Income ⓘ	5	27	13	51	41	209	199	170	331	475
Interest ⓘ	1	3	13	12	19	49	89	94	86	88
Depreciation ⓘ	5	40	53	47	92	254	353	478	657	659
Exceptional Items ⓘ	0	0	0	0	-13	-20	-66	-2	-11	-74
Profit Before Tax ⓘ	-71	-317	-631	-684	-1,781	-284	-356	-864	-812	-168
Tax ⓘ	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-71	-317	-631	-684	-1,781	-284	-356	-864	-812	-168
PAT Margin (%)	-31.9%	-63.9%	-85.4%	-67.1%	-107.0%	-10.2%	-10.2%	-14.6%	-12.2%	-2.3%
Adjusted EPS (₹)	-7.5	-33.2	-66.2	-71.4	-185.0	-29.3	-21.8	-13.5	-11.2	-2.3
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	148	332	-1,545	-2,235	3,324	3,027	2,702	5,801	9,036	9,052
Share Capital ⓘ	11	17	1	1	40	40	37	64	73	74
Reserves ⓘ	138	315	-1,546	-2,236	3,284	2,987	2,665	5,737	8,963	8,979
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	14	63	11	41	64	190	216	214	114	40
Long Term Debt	0	1	1	9	36	100	132	114	114	40
Short Term Debt	14	63	10	32	29	91	84	100	0	0
Trade Payables	37	114	132	185	155	270	413	673	783	770
Others Liabilities ⓘ	17	54	2,428	3,149	178	856	1,290	1,442	1,592	1,980
Total Liabilities ⓘ	217	563	1,027	1,139	3,722	4,344	4,621	8,130	11,526	11,843
Fixed Assets
Gross Block	20	138	153	234	406	1,198	1,541	2,371	2,854	3,602
Accumulated Depreciation	6	45	93	134	217	458	492	934	1,317	1,637
Net Fixed Assetsⓘ	15	93	60	100	189	740	1,049	1,437	1,536	1,965
CWIP ⓘ	5	1	0	6	1	27	77	60	23	29
Investmentsⓘ	57	122	211	284	1,160	1,197	1,163	3,706	3,945	4,615
Inventories	0	0	0	17	23	18	26	25	19	16
Trade Receivables	52	113	95	162	212	602	573	775	1,402	1,288
Cash Equivalents	41	47	157	5	1,660	395	254	178	602	362
Others Assetsⓘ	48	187	505	565	477	1,367	1,480	1,949	3,998	3,568
Total Assets ⓘ	217	563	1,027	1,139	3,722	4,344	4,621	8,130	11,526	11,843

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-104	-346	-430	-218	-337	-643	13	-441	-40	521
PBT ⓘ	-71	-317	-631	-684	-1,781	-284	-356	-864	-812	-168
Adjustment ⓘ	1	26	452	504	1,638	228	465	1,129	788	688
Changes in Working Capital ⓘ	-39	-79	-236	-32	-171	-542	-78	-699	55	27
Tax Paid ⓘ	0	0	-15	-6	-23	-45	-17	-7	-72	-26
Cash Flow From Investing Activity ⓘ	-112	-181	-101	-139	-935	-934	286	-2,895	-3,428	-147
Capex	-21	-115	-20	-93	-157	-209	-212	-531	-588	-468
Net Investments	0	0	0	0	0	-811	515	-762	-2,907	129
Others ⓘ	-91	-66	-81	-46	-778	85	-18	-1,602	66	191
Cash Flow From Financing Activityⓘ	216	547	684	206	2,927	-17	-112	3,247	3,557	-364
Net Proceeds from Shares ⓘ	209	507	744	174	2,890	1	45	3,390	3,910	5
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	101	32	22	-22	-74
Interest Paid ⓘ	0	-2	-8	-3	-9	-49	-21	-93	-86	-87
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	7	42	-52	35	46	-71	-168	-72	-246	-208
Net Cash Flow ⓘ	0	21	154	-151	1,655	-1,594	187	-89	88	11

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-51.22	-139.27	N/A	N/A	-339.31	-9.06	-12.6	-20.4	-10.95	-1.86
ROCE (%)	-42.09	-110.55	N/A	N/A	-254.46	-6.78	-8.09	-15.91	-8.94	-0.82
Asset Turnover Ratio	1.03	1.27	0.93	0.94	0.68	0.69	0.78	0.93	0.68	0.64
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	85	61	51	46	41	53	61	42	60	66
Inventory Days	0	0	0	6	4	3	2	2	1	1
Payable Days	0	0	0	0	0	0	0	1,151	0	0

Delhivery Ltd Stock News

Delhivery Ltd FAQs

What is the share price of Delhivery?

Company share prices are keep on changing according to the market conditions. The closing price of Delhivery on 04-Nov-2024 15:31 is ₹353.4.

What is the market cap of Delhivery?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Nov-2024 15:31 the market cap of Delhivery stood at ₹27,142.9.

What is the P/E ratio of Delhivery?

The latest P/E ratio of Delhivery as of 04-Nov-2024 15:31 is 0.00.

What is the P/B ratio of Delhivery?

The latest P/B ratio of Delhivery as of 04-Nov-2024 15:31 is 2.97.

What is the 52-week high and low of Delhivery?

The 52-week high of Delhivery is ₹488.1 and the 52-week low is ₹348.4.

What is the TTM revenue of Delhivery?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Delhivery is ₹7,683 ( Cr.) .

About Delhivery Ltd

The company was incorporated as ‘SSN Logistics Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana, at New Delhi (RoC) on June 22, 2011. Subsequently, the name of the company was changed to “Delhivery Private Limited”, pursuant to a fresh certificate of incorporation issued by the RoC on December 8, 2015. On the conversion of the Company to a public limited company, pursuant to a resolution passed by its Shareholders on September 29, 2021, the name of the company was changed to “Delhivery Limited” and a fresh certificate of incorporation dated October 12, 2021 was issued by the RoC.

Delhivery is the largest and fastest growing fully-integrated logistics player in India. The company provided supply chain solutions to a diverse base of Active Customers (excluding those serviced by Spoton) such as e-commerce marketplaces, direct-to-consumer e-tailers and enterprises and SMEs across several verticals such as FMCG, consumer durables, consumer electronics, lifestyle, retail, automotive and manufacturing. This is achieved through high quality logistics infrastructure and network engineering, a vast network of domestic and global partners and significant investments in automation, all of which are orchestrated by the company’s self-developed logistics operating system that is guided in real-time by deep sources of proprietary network and environmental data. Together, these create powerful, intersecting flywheels that drive strong network synergies within and across its services and enhance its value proposition to customers.

Business area of the company

Delhivery provides a full range of Logistics services, including delivery of express parcel 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.

Major events and milestones

2011: Incorporation of Company as a logistics services provider.
2011: Launch of Transportation Management System.
2013: Launch of Warehouse Management System.
2013: Commencement of fulfilment business.
2014: Launch of Netplan, network design tool.
2015: Launch of Addfix, address resolution engine.
2015: Launch of automated sorters in network.
2015: Commencement of self-managed express surface line-haul network.
2016: Commencement of part truckload services (PTL service offering).
2016: Launch of ‘Constellation’, partner managed last mile delivery network.
2018: Commencement of Truckload services (TL service offering).
2018: Commencement of cross border service offering.
2018: PaaS (Platform as a Service) soft launch in Sri Lanka and Bangladesh.
2019: Commencement of Supply Chain Services.
2019: Acquisition of Aramex’s India assets.
2019: Entered into partnership with UPS.
2019: Launch of tractor trailers in network.
2019: Opened the Delhivery USA office.
2020: Acquisition of Roadpiper Technologies Private Limited.
2020: Launch of 3 mega trucking terminals in Tauru (Haryana), Bhiwandi (Maharashtra) and Bengaluru (Karnataka).
2021: Acquisition of the business of Primaseller Inc.
2021: Entered into a strategic alliance with FedEx.
2021: Acquisition of Spoton Logistics Private Limited.
2021: 1 billion express parcel shipments delivered since incorporation.
2021: Acquisition of Transition Robotics, Inc. by Delhivery Robotics LLC.
2022: Investment in Falcon Autotech Private Limited.