Financials Delhivery Limited

Equities

DELHIVERY

INE148O01028

Air Freight & Logistics

Market Closed - NSE India S.E. 12:43:48 10/05/2024 BST 5-day change 1st Jan Change
453.3 INR +1.96% Intraday chart for Delhivery Limited -0.78% +16.45%

Valuation

Fiscal Period: March 2023 2024 2025 2026
Capitalization 1 241,678 334,042 - -
Enterprise Value (EV) 1 237,213 316,393 314,959 315,895
P/E ratio -23.5 x -154 x 665 x 88.6 x
Yield - - - -
Capitalization / Revenue 3.34 x 4.05 x 3.38 x 2.82 x
EV / Revenue 3.28 x 3.83 x 3.18 x 2.66 x
EV / EBITDA -52.5 x 213 x 59.4 x 32.4 x
EV / FCF -37.8 x -168 x 834 x 95.3 x
FCF Yield -2.65% -0.6% 0.12% 1.05%
Price to Book 2.63 x 3.71 x 3.73 x 3.58 x
Nbr of stocks (in thousands) 728,715 736,911 - -
Reference price 2 331.6 453.3 453.3 453.3
Announcement Date 19/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2022 2023 2024 2025 2026
Net sales 1 - 72,253 82,514 98,948 118,579
EBITDA 1 - -4,516 1,486 5,300 9,736
EBIT 1 - -12,692 -5,659 -2,781 1,232
Operating Margin - -17.57% -6.86% -2.81% 1.04%
Earnings before Tax (EBT) 1 - -10,531 -2,140 334.5 4,228
Net income 1 -10,110 -10,078 -2,433 449.4 3,929
Net margin - -13.95% -2.95% 0.45% 3.31%
EPS 2 -16.98 -14.09 -2.946 0.6817 5.117
Free Cash Flow 1 - -6,278 -1,886 377.6 3,315
FCF margin - -8.69% -2.29% 0.38% 2.8%
FCF Conversion (EBITDA) - - - 7.12% 34.05%
FCF Conversion (Net income) - - - 84.03% 84.37%
Dividend per Share 2 - - - - -
Announcement Date 30/05/22 19/05/23 - - -
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 19,083 18,147
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - -6,278 -1,886 378 3,315
ROE (net income / shareholders' equity) - -13.3% -2.92% -0.04% 2.83%
ROA (Net income/ Total Assets) - -10.4% -4.8% -3.1% 5%
Assets 1 - 97,200 50,698 -14,496 78,587
Book Value Per Share 2 - 126.0 122.0 122.0 126.0
Cash Flow per Share 2 - -0.3700 4.680 8.760 16.50
Capex 1 - 6,005 5,772 6,010 6,614
Capex / Sales - 8.31% 7% 6.07% 5.58%
Announcement Date 30/05/22 19/05/23 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
453.3 INR
Average target price
522.9 INR
Spread / Average Target
+15.35%
Consensus
  1. Stock Market
  2. Equities
  3. DELHIVERY Stock
  4. Financials Delhivery Limited