As India’s largest fully integrated logistics provider, our mission is to redefine commerce by establishing an unparalleled infrastructure, delivering top-tier logistics services, and leveraging cutting-edge technology. Since our inception in 2011, we’ve remained dedicated to facilitating seamless trade and commerce across India. With a track record of fulfilling over 2 billion orders nationwide, we’ve earned the trust of businesses and customers alike.
Our extensive network spans the length and breadth of the nation, reaching every state and servicing over 18,600 pin codes. Powered by 24 automated sort centers, 94 gateways, and 2,880 direct delivery centers, our operations are supported by a workforce of over 57,000 professionals. With our commitment to reliability and efficiency, we ensure that deliveries are made 24/7, 365 days a year, enabling businesses to thrive in today’s dynamic marketplace.
Delhivery’s Mission
Our mission is centered around empowering customers to operate flexible, reliable, and resilient supply chains at the most competitive costs. With a focus on delivering supply chain solutions, we cater to a diverse base of over 30,000 active customers, ranging from e-commerce marketplaces to direct-to-consumer e-tailers and enterprises, as well as SMEs across various sectors such as FMCG, consumer durables, electronics, lifestyle, retail, automotive, and manufacturing.
This objective is realized through our commitment to high-quality logistics infrastructure and network engineering, complemented by an extensive network of domestic and global partners. Moreover, we prioritize significant investments in automation to streamline operations and enhance efficiency. Central to our approach is the development and utilization of our proprietary logistics operating system, which orchestrates seamless coordination within and across our services. By leveraging network synergies and continually improving our value proposition, we strive to exceed customer expectations and drive sustainable growth for all stakeholders.
Delhivery Reports Q4 Net Loss of Rs 68.5 Crore, Revenue Increases by 12%
- Delhivery reported a net loss of Rs 68.5 crore in Q4 of the fiscal year ending on 31st March 2024, a decrease of 57 percent from the loss of Rs 159 crore in the same period last year.
- Despite the loss, the company’s revenue increased by 12 percent to Rs 2,076 crore, compared to Rs 1,860 crore in the corresponding quarter of the previous year.
- Sahil Barua, MD & CEO of Delhivery, highlighted the achievements of the fiscal year 2024, including consistent service levels, improved profitability, completion of long-term capital investments, and working capital enhancements.
- In the December quarter, Delhivery had reported a revenue of Rs 2,194 crore and unexpectedly generated a profit of Rs 11.7 crore, marking its first profit since at least 2021.
- The January-March period tends to be slower than the preceding October-December quarter due to the conclusion of festive sale periods by e-commerce companies, resulting in reduced demand for logistics services.
- Barua cautioned analysts about potential future fluctuations in the company’s performance, suggesting that Delhivery might continue to incur losses as it stabilizes its operations.
Below are the trading platforms that you can use to purchase Delhivery shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2024 | 444.00 | 386.09 |
| June 2024 | 459.99 | 399.99 |
| July 2024 | 455.39 | 395.99 |
| August 2024 | 473.60 | 411.83 |
| September 2024 | 492.55 | 428.30 |
| October 2024 | 482.89 | 419.90 |
| November 2024 | 502.21 | 436.70 |
| December 2024 | 507.23 | 441.07 |
In May 2024, Delhivery’s share prices are projected to reach a maximum of ₹444.00 and a minimum of ₹386.09. By June, the prices are expected to increase to a maximum of ₹459.99 and a minimum of ₹399.99. In July, the shares are anticipated to range between ₹455.39 and ₹395.99, while in August, they are expected to grow further, with a high of ₹473.60 and a low of ₹411.83. September’s projections show a peak of ₹492.55 and a minimum of ₹428.30. In October, Delhivery’s share prices are likely to reach a maximum of ₹482.89 and a minimum of ₹419.90. November is expected to see prices rise to a maximum of ₹502.21 and a minimum of ₹436.70. Finally, in December, the shares are projected to achieve a maximum of ₹507.23 and a minimum of ₹441.07.
| When | Maximum Price | Minimum Price |
| January 2025 | 512.30 | 394.08 |
| February 2025 | 517.47 | 398.06 |
| March 2025 | 528.34 | 406.42 |
| April 2025 | 523.11 | 402.39 |
| May 2025 | 507.87 | 390.67 |
| June 2025 | 530.73 | 408.25 |
| July 2025 | 520.32 | 400.25 |
| August 2025 | 536.41 | 412.63 |
| September 2025 | 542.85 | 417.58 |
| October 2025 | 556.97 | 428.44 |
| November 2025 | 570.89 | 439.15 |
| December 2025 | 596.58 | 458.91 |
As we advance into January 2025, Delhivery’s stock prices are anticipated to fluctuate between a maximum of ₹512.30 and a minimum of ₹394.08. As the year progresses, the trend suggests a steady rise in share value, with projections indicating a substantial surge by December, reaching a high of ₹596.58 and a low of ₹458.91.
| When | Maximum Price | Minimum Price |
| January 2026 | 614.48 | 472.68 |
| February 2026 | 599.12 | 460.86 |
| March 2026 | 611.10 | 470.08 |
| April 2026 | 623.57 | 479.67 |
| May 2026 | 617.40 | 474.92 |
| June 2026 | 632.83 | 486.79 |
| July 2026 | 620.42 | 477.25 |
| August 2026 | 639.61 | 492.01 |
| September 2026 | 652.40 | 501.85 |
| October 2026 | 669.36 | 514.90 |
| November 2026 | 686.10 | 527.77 |
| December 2026 | 703.25 | 540.96 |
| When | Maximum Price | Minimum Price |
| January 2027 | 710.28 | 546.37 |
| February 2027 | 728.50 | 560.38 |
| March 2027 | 756.91 | 582.24 |
| April 2027 | 742.07 | 570.82 |
| May 2027 | 720.45 | 554.19 |
| June 2027 | 752.87 | 579.13 |
| July 2027 | 738.11 | 567.78 |
| August 2027 | 760.94 | 585.34 |
| September 2027 | 787.57 | 605.82 |
| October 2027 | 808.05 | 621.58 |
| November 2027 | 828.25 | 637.12 |
| December 2027 | 848.96 | 653.04 |
| When | Maximum Price | Minimum Price |
| January 2028 | 865.94 | 666.10 |
| February 2028 | 888.14 | 683.18 |
| March 2028 | 922.78 | 709.83 |
| April 2028 | 904.68 | 695.91 |
| May 2028 | 878.33 | 675.64 |
| June 2028 | 917.86 | 706.04 |
| July 2028 | 899.86 | 692.20 |
| August 2028 | 927.69 | 713.61 |
| September 2028 | 960.16 | 738.58 |
| October 2028 | 985.12 | 757.79 |
| November 2028 | 1,009.75 | 776.73 |
| December 2028 | 1,035.00 | 796.15 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,055.70 | 812.07 |
| February 2029 | 1,082.77 | 832.90 |
| March 2029 | 1,124.99 | 865.38 |
| April 2029 | 1,102.93 | 848.41 |
| May 2029 | 1,070.81 | 823.70 |
| June 2029 | 1,119.00 | 860.77 |
| July 2029 | 1,097.06 | 843.89 |
| August 2029 | 1,130.99 | 869.99 |
| September 2029 | 1,170.57 | 900.44 |
| October 2029 | 1,201.00 | 923.85 |
| November 2029 | 1,231.03 | 946.95 |
| December 2029 | 1,261.81 | 970.62 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,287.04 | 990.03 |
| February 2030 | 1,320.04 | 1,015.42 |
| March 2030 | 1,371.52 | 1,055.02 |
| April 2030 | 1,344.63 | 1,034.33 |
| May 2030 | 1,305.47 | 1,004.21 |
| June 2030 | 1,364.21 | 1,049.40 |
| July 2030 | 1,337.46 | 1,028.82 |
| August 2030 | 1,378.83 | 1,060.64 |
| September 2030 | 1,427.09 | 1,097.76 |
| October 2030 | 1,464.19 | 1,126.30 |
| November 2030 | 1,500.80 | 1,154.46 |
| December 2030 | 1,538.32 | 1,183.32 |
In 2030, Delhivery’s share prices are projected to fluctuate monthly. In January, the prices are expected to range between ₹990.03 and ₹1,287.04. By May, they are anticipated to vary from ₹1,004.21 to ₹1,305.47. In December, the shares are projected to reach a maximum of ₹1,538.32 and a minimum of ₹1,183.32. Throughout the year, the prices are forecasted to gradually increase, with significant growth expected in the later months, reflecting Delhivery’s Strong market presence and performance.
Financial Condition of Delhivery: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 2,781 | 3,647 | 6,882 | 7,225 | 8,142 |
| Expenses + | 2,952 | 3,769 | 7,357 | 7,677 | 8,015 |
| Operating Profit | -171 | -123 | -475 | -452 | 127 |
| OPM % | -6% | -3% | -7% | -6% | 2% |
| Other Income + | 207 | 150 | 156 | 319 | 439 |
| Interest | 49 | 89 | 100 | 89 | 89 |
| Depreciation | 256 | 355 | 611 | 831 | 722 |
| Profit before tax | -269 | -416 | -1,029 | -1,053 | -244 |
| Tax % | 0% | 0% | 2% | 4% | -2% |
| Net Profit + | -269 | -416 | -1,011 | -1,008 | -249 |
| EPS in Rs | -2,758.26 | -2,492.60 | -15.75 | -13.83 | -3.38 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
- Sales Growth: Delhivery witnessed a consistent increase in sales over the past five years, rising from ₹2,781 crore in March 2020 to ₹8,142 crore in March 2024, indicating strong revenue growth.
- Expense Management: Despite the growth in sales, expenses also escalated, reaching ₹8,015 crore in March 2024 from ₹2,952 crore in March 2020. This indicates increased operational costs and investments in expansion.
- Operating Profit/Loss: Delhivery’s operating profit fluctuated over the years, with a notable improvement in March 2024, marking a positive operating profit of ₹127 crore compared to previous years where it reported losses.
- Other Income: The company’s other income saw fluctuations but generally showed an increasing trend, reaching ₹439 crore in March 2024, suggesting diversified revenue streams or investment income.
- Interest and Depreciation: Interest expenses remained relatively stable over the years, indicating consistent financing needs. Depreciation costs surged from ₹256 crore in March 2020 to ₹722 crore in March 2024, possibly due to increased investments in infrastructure.
- Profit Before Tax (PBT): Delhivery reported losses before tax throughout the period, with the highest loss recorded in March 2024 at ₹1,053 crore, highlighting the challenges faced in achieving profitability amidst rapid expansion.
- Net Profit/Loss: The company continued to incur net losses, with the highest loss recorded in March 2024 at ₹249 crore, indicating ongoing challenges in achieving profitability despite revenue growth.
- Earnings Per Share (EPS): Delhivery’s EPS improved from a significant negative value in March 2020 and March 2021 to a less negative value in March 2024, reflecting some improvement in per-share profitability.
- Dividend Payout: Delhivery did not distribute dividends during the period, likely due to the focus on reinvesting profits into business expansion and operations.
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FAQS
Will Delhivery stock price grow in 2024?
Yes, Delhivery stock price is expected to grow in 2024. The company’s current share price is around Rs ₹435, and analysts have estimated that Delhivery price will reach ₹507.23 by the end of 2024.
What future is anticipated for Delhivery in 2025?
Analysts expect Delhivery’s stock price to reach Rs 596.58 by the end of 2025.
In 2030, Delhivery is expected to trade in between ₹990.03 and ₹1,538.32.
Conclusion:
In conclusion, Delhivery’s financial performance demonstrates a Strong growth trajectory and a strong market presence. Despite ongoing net losses, the company has significantly increased its revenue from ₹2,781 crore in March 2020 to ₹8,142 crore in March 2024. This growth, coupled with achieving a positive operating profit in March 2024, highlights Delhivery’s successful expansion and strategic investments in infrastructure and automation. As Delhivery continues to refine its operations and leverage advanced technologies, it is well-positioned for future profitability and sustained growth, making it an attractive option for long-term investors.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading Delhivery. This post on Delhivery share price target from 2024 to 2030 is for educational purposes only.
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