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 Turns Profitable in Q1 FY25 with 13% Revenue Growth and ₹54 Crore Profit
- Profitability: Delhivery reported a profit of ₹54 crore in Q1FY25, compared to a loss of ₹89 crore in Q1FY24.
- Revenue Growth: Revenue from services increased by 13%, reaching ₹2,172 crore in Q1FY25, up from ₹1,930 crore in Q1FY24.
- EBITDA: EBITDA rose to ₹97 crore in Q1FY25, a significant improvement from the ₹13 crore loss in Q1FY24.
- Express Parcel Shipments: Increased by 4% sequentially to 183 million in Q1FY25, up from 176 million in Q4FY24.
- Express Parcel Revenue: Grew by 5% sequentially and 6% YoY, reaching ₹1,276 crore in Q1FY25 from ₹1,202 crore in Q1FY24.
- Service Offerings: Delhivery provides a range of logistics services, including express parcel delivery, freight, warehousing, and supply chain solutions.
Below are the trading platforms that you can use to purchase Delhivery shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| October 2024 | 434.65 | 377.96 |
| November 2024 | 452.04 | 393.08 |
| December 2024 | 459.56 | 397.01 |
In October 2024, Delhivery’s share price is expected to reach a maximum of ₹434.65 and a minimum of ₹377.96. Moving into November 2024, Delhivery’s stock could potentially rise further, with a maximum of ₹452.04 and a minimum of ₹393.08. Finally, as we close the year in December 2024, Delhivery’s share price is anticipated to peak at ₹459.56, with a possible minimum of ₹397.01.
| When | Maximum Price | Minimum Price |
| January 2025 | 461.13 | 354.71 |
| February 2025 | 465.78 | 358.30 |
| March 2025 | 475.57 | 365.82 |
| April 2025 | 470.86 | 362.20 |
| May 2025 | 457.14 | 351.65 |
| June 2025 | 477.71 | 367.47 |
| July 2025 | 468.35 | 360.27 |
| August 2025 | 482.83 | 371.41 |
| September 2025 | 488.63 | 375.87 |
| October 2025 | 501.33 | 385.64 |
| November 2025 | 513.86 | 395.28 |
| December 2025 | 536.99 | 413.07 |
As we move into January 2025, Delhivery’s stock is expected to reach ₹461.13 at its maximum and ₹354.71 at its minimum. By March 2025, prices could rise to ₹475.57 and ₹365.82. In May 2025, the stock might see a dip to ₹457.14 and ₹351.65, but by August 2025, it could reach ₹482.83 and ₹371.41. As we approach October 2025, Delhivery’s stock might hit ₹501.33 and ₹385.64. Finally, by December 2025, prices could peak at ₹536.99 with a low of ₹413.07.
| When | Maximum Price | Minimum Price |
| January 2026 | 553.10 | 425.46 |
| February 2026 | 539.27 | 414.82 |
| March 2026 | 550.06 | 423.12 |
| April 2026 | 561.28 | 431.75 |
| May 2026 | 555.72 | 427.48 |
| June 2026 | 569.62 | 438.17 |
| July 2026 | 558.45 | 429.58 |
| August 2026 | 575.72 | 442.86 |
| September 2026 | 587.23 | 451.72 |
| October 2026 | 602.50 | 463.46 |
| November 2026 | 617.56 | 475.05 |
| December 2026 | 633.00 | 486.93 |
| When | Maximum Price | Minimum Price |
| January 2027 | 639.33 | 491.79 |
| February 2027 | 655.73 | 504.40 |
| March 2027 | 681.30 | 524.08 |
| April 2027 | 667.94 | 513.80 |
| May 2027 | 648.49 | 498.84 |
| June 2027 | 677.67 | 521.28 |
| July 2027 | 664.38 | 511.06 |
| August 2027 | 684.93 | 526.87 |
| September 2027 | 708.90 | 545.31 |
| October 2027 | 727.33 | 559.49 |
| November 2027 | 745.52 | 573.47 |
| December 2027 | 764.15 | 587.81 |
| When | Maximum Price | Minimum Price |
| January 2028 | 779.44 | 599.57 |
| February 2028 | 799.42 | 614.94 |
| March 2028 | 830.60 | 638.92 |
| April 2028 | 814.31 | 626.39 |
| May 2028 | 790.60 | 608.15 |
| June 2028 | 826.17 | 635.52 |
| July 2028 | 809.97 | 623.06 |
| August 2028 | 835.02 | 642.33 |
| September 2028 | 864.25 | 664.81 |
| October 2028 | 886.72 | 682.09 |
| November 2028 | 908.89 | 699.14 |
| December 2028 | 931.61 | 716.62 |
| When | Maximum Price | Minimum Price |
| January 2029 | 950.24 | 730.96 |
| February 2029 | 974.61 | 749.70 |
| March 2029 | 1,012.62 | 778.94 |
| April 2029 | 992.76 | 763.66 |
| May 2029 | 963.85 | 741.42 |
| June 2029 | 1,007.22 | 774.78 |
| July 2029 | 987.47 | 759.59 |
| August 2029 | 1,018.01 | 783.09 |
| September 2029 | 1,053.64 | 810.49 |
| October 2029 | 1,081.04 | 831.57 |
| November 2029 | 1,108.06 | 852.35 |
| December 2029 | 1,135.76 | 873.66 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,158.48 | 891.14 |
| February 2030 | 1,188.18 | 913.99 |
| March 2030 | 1,234.52 | 949.63 |
| April 2030 | 1,210.32 | 931.01 |
| May 2030 | 1,175.06 | 903.90 |
| June 2030 | 1,227.94 | 944.57 |
| July 2030 | 1,203.86 | 926.05 |
| August 2030 | 1,241.10 | 954.69 |
| September 2030 | 1,284.54 | 988.10 |
| October 2030 | 1,317.93 | 1,013.80 |
| November 2030 | 1,350.88 | 1,039.14 |
| December 2030 | 1,384.65 | 1,065.12 |
As we step into January 2030, Delhivery’s stock is expected to reach a maximum of ₹1,158.48 and a minimum of ₹891.14. By March 2030, prices could rise further to ₹1,234.52 and ₹949.63. As May 2030 approaches, the stock might adjust to ₹1,175.06 and ₹903.90, while in August 2030, it could climb to ₹1,241.10 and ₹954.69. By October 2030, Delhivery’s stock is likely to touch a high of ₹1,317.93 and a low of ₹1,013.80. Finally, as we close December 2030, prices may peak at ₹1,384.65 with a minimum of ₹1,065.12.
Financial Condition of Delhivery: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 2,781 | 3,647 | 6,882 | 7,225 | 8,142 | 8,384 |
| Expenses + | 2,952 | 3,769 | 7,357 | 7,677 | 8,015 | 8,153 |
| Operating Profit | -171 | -123 | -475 | -452 | 127 | 231 |
| OPM % | -6% | -3% | -7% | -6% | 2% | 3% |
| Other Income + | 207 | 150 | 156 | 319 | 439 | 440 |
| Interest | 49 | 89 | 100 | 89 | 89 | 97 |
| Depreciation | 256 | 355 | 611 | 831 | 722 | 674 |
| Profit before tax | -269 | -416 | -1,029 | -1,053 | -244 | -99 |
| Tax % | 0% | 0% | -2% | -4% | 2% | |
| Net Profit + | -269 | -416 | -1,011 | -1,008 | -249 | -105 |
| EPS in Rs | -2,758.26 | -2,492.60 | -15.75 | -13.83 | -3.38 | -1.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
- Sales Growth: From March 2020 to TTM (Trailing Twelve Months), sales have grown steadily, increasing from ₹2,781 crore in March 2020 to ₹8,384 crore in TTM, indicating a significant upward trend in revenue generation.
- Expenses: Similarly, expenses have risen from ₹2,952 crore in March 2020 to ₹8,153 crore in TTM. Despite the growing expenses, the rise has been proportionate to revenue growth.
- Operating Profit: The company moved from operating losses between March 2020 and March 2023 (ranging from ₹-171 crore to ₹-452 crore) to a positive operating profit of ₹127 crore in March 2024 and ₹231 crore in TTM, marking a turnaround.
- OPM% (Operating Profit Margin): OPM improved from negative margins (-6% to -7%) in the earlier years to a positive margin of 2% in March 2024 and 3% in TTM, reflecting better operational efficiency.
- Other Income: The company saw consistent growth in other income, rising from ₹207 crore in March 2020 to ₹440 crore in TTM, providing additional financial support.
- Interest & Depreciation: Interest expenses remained stable around ₹89-97 crore from 2021 to TTM, while depreciation saw fluctuations, peaking at ₹831 crore in March 2023 before decreasing to ₹674 crore in TTM.
- Profit Before Tax: The company has faced pre-tax losses, but these have reduced significantly over time, from ₹-1,029 crore in March 2022 to ₹-99 crore in TTM.
- Net Profit: Despite net losses from ₹-269 crore in March 2020 to ₹-1,008 crore in March 2023, the losses have narrowed to ₹-105 crore in TTM, showing improvement in financial health.
- EPS: The company’s earnings per share (EPS) improved from a drastic negative of ₹-2,758.26 in March 2020 to ₹-1.43 in TTM, showing progress toward profitability.
- Dividend Payout: The company has not declared any dividend payouts during the period.
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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 ₹411, and analysts have estimated that Delhivery price will reach ₹459.56 by the end of 2024.
What future is anticipated for Delhivery in 2025?
Analysts expect Delhivery’s stock price to reach Rs 536.99 by the end of 2025.
In 2030, Delhivery is expected to trade in between ₹891.14 and ₹1,384.65.
Conclusion:
In conclusion, Delhivery has experienced significant growth and improvement in its financial performance over the past five years. The company’s sales have steadily increased, reaching ₹8,384 crore in the trailing twelve months (TTM), while it successfully turned around its operating losses to a positive profit of ₹231 crore in TTM. The operating profit margin has improved to 3%, indicating enhanced operational efficiency. Despite rising expenses, Delhivery’s profitability and strong revenue growth reflect its ability to adapt and expand within India’s dynamic logistics market. Looking ahead, its stock price predictions indicate a potential for substantial growth through 2030, as it continues to build on its strengths and invest in infrastructure and technology.
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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