Delhivery Limited
They are India’s largest fully integrated logistics provider. We aim to build the operating system for commerce, through a combination of world-class infrastructure, logistics operations of the highest quality and cutting-edge engineering and technology capabilities.
Since its inception in 2011, our team has successfully fulfilled over 2 billion orders across India. We have built a nation-wide network with a presence in every state, servicing over 18,600 pin codes. 24 automated sort centres, 94 gateways, 2880 direct delivery centres, and a team of over 57,000 people make it possible for us to deliver 24 hours a day, 7 days a week, 365 days a year.
Key Services
- Express Panel
- Warehousing
- Part Truckload
- Full Truckload
- Cross border
- Data Intelligence
Shareholding Pattern
–PROMOTER GROUP
Financial Summary
| Particulars | March 2024 | March 2023 | March 2022 |
| Sales | 8,142 | 7,225 | 6,882 |
| Sales Growth % | 12.68% | 4.98% | 88.74% |
| Expenses | 8,015 | 7,677 | 7,357 |
| Operating Profit | 127 | -452 | -475 |
| OPM % | 2% | -6% | -7% |
| Net Profit | -249 | -1,008 | -1,011 |
| EPS in Rs | -3.38 | -13.83 | -15.75 |
Synopsis of Financials
- Achieved EBITDA profitability for fiscal year ’24, with an increase of Rs. 578 crores compared to the previous year.
- PAT losses reduced by 75% from the previous year.
- Service EBITDA of 18% for FY24 in line with long-term projections.
- Part Truckload business showed significant growth and profitability.
- Truckload business grew 40% year-on-year with improved service EBITDA profitability.
Final Outlook
Delhivery has a good cash conversion cycle as compared to its peers thus it management of working capital is good.Delhivery company is experencing a loss since the last one year which can be seen by scanning the profit loss statement. Delhivery also has very good debtor day ratio which means that the capacity to pay debtors in the company is high their credibiltiy must be high. From my pov I would suggest the investors to not to invest in delivery as by analyzing the company its is expereincing losses and also not much revenue is being generated. Also by analyzing the graph of the stock price of delhivery over the 1 year we can see that the ipo was launched at Rs 540 and today the value of the share has not shown such drastic increase rather the value of the share is decreasing and also not rising at large scale so i would reccomend the investors that I foresee a price drop in the near future so investing here can be a little risky.
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