Today, we are going to estimate the Delhivery Share Price Target 2024 to 2050 Long Term Prediction. Delhivery is listed on the NSE under the symbol “DELHIVERY” and on the BSE with the code “543529”. let’s analyze the future of Delhivery shares as well, including whether it’s a good time to buy or sell them today.
Additionally, we will also take into analysis Delhivery Share Recommendations from various brokerage firms, including Target’s High Price, Target’s Low Price and Recommendation at the end of the article.
Overview of Delhivery
| Name | Delhivery Ltd |
| Industry | Logistics |
| Founded | 2011 |
| Services | Delivery, express mail, third-party logistics, supply chain management, truckload shipping, partial truckload shipping, freight forwarding |
| Country | India |
| Website | delhivery.com |
| Profile | Delhivery |
Keep an eye on Delhivery’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Delhivery’s stock price.
About Delhivery Company
Delivery company in India that started in 2011. The company has completed over 2 billion orders nationwide, covering every state and over 18,600 pin codes. Their extensive network includes 24 automated sort centres, 94 gateways, and 2880 direct delivery centres. A dedicated team of over 57,000 people enables this company to operate around the clock, every day of the year, ensuring timely deliveries.
The company’s services include e-commerce and supply chain services, which are designed to help businesses streamline their operations and improve their bottom line. Delhivery’s flagship product, Delhivery One, is a digital shipping platform that enables businesses to manage their logistics operations more efficiently.
One of the key areas of focus for Delhivery is the SME segment. The company believes that there is a large opportunity for growth in this segment and is working to increase its penetration in this market. Delhivery is also looking to expand its capacity in key locations, such as Chennai, Hyderabad, and Noida, to meet the growing demand for its services.
In addition to its focus on the SME segment, Delhivery is also looking to strengthen its position in the D2C space. The company has already gained a significant market share in this segment and plans to continue investing in technology and improving its delivery speed to maintain its position as a player of choice for logistics among D2C brands.
Financial of Delhivery
Conduct a SWOT analysis of Delhivery Share based on its financials. We will break down the key elements of strengths, weaknesses, opportunities, and threats using the financial data.
Strengths–
Robust Revenue Growth: Delhivery has shown a consistent increase in total revenue, rising from ₹27,805.75 crore in 2020 to ₹75,549.93 crore in the trailing twelve months (TTM). This indicates a strong market presence and an expanding business.
Asset Strength: The total assets of the company have grown significantly from ₹43,573.08 crore in 2020 to ₹111,892.85 crore in 2023, reflecting a solid asset base.
Increasing Operating Cash Flow: The operating cash flow has improved in the TTM, reaching ₹3,970.87 crore, suggesting better operational efficiency.
Weaknesses–
High Operating Expenses and Net Losses: The company has been consistently incurring high operating expenses and reporting net losses. For instance, the operating income was -₹8,481.14 crore in the TTM, with a net income of -₹5,467.51 crore.
Declining Gross Profit: The gross profit has seen a significant drop, from ₹4,166.94 crore in 2021 to ₹1,542.11 crore in 2023, indicating cost management issues.
Negative Free Cash Flow: Delhivery has experienced negative free cash flow, such as -₹1,666.44 crore in the TTM, which could impact its investment and expansion capabilities.
Opportunities–
Market Expansion: With the growth in e-commerce and digital platforms in India, Delhivery can leverage its existing infrastructure to tap into new market segments and geographies.
Technological Advancements: Investing in technology to improve logistics and delivery efficiency could enhance profitability.
Strategic Partnerships: Forming alliances with e-commerce giants or diversifying into related services could provide new revenue streams.
Threats–
Competitive Market: The logistics and delivery sector is highly competitive, with several players vying for market share, which could affect Delhivery’s growth.
Economic Fluctuations: Changes in economic conditions, such as inflation, could increase operational costs and affect consumer spending patterns.
Regulatory Changes: Any regulatory changes in the logistics sector could impact operational efficiencies and cost structures.
Brokerage Firms
An effective method for evaluating the Delhivery share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms. The latest research reports are available on Delhivery.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 3 January 2024 | ICICI Securities | 500 | BUY |
| 23 DEC 2023 | BP Wealth | 450.00 | Buy |
| 06 NOV 2023 | ICICI Securities Limited | 500.00 | Buy |
| 07 AUG 2023 | ICICI Securities Limited | 500.00 | Buy |
| 07 JUL 2023 | ICICI Direct | 500.00 | Buy |
| 06 JUN 2023 | ICICI Securities Limited | 425.00 | Buy |
| 22 MAY 2023 | ICICI Securities Limited | 425.00 | Buy |
| 12 FEB 2023 | ICICI Securities Limited | 425.00 | Buy |
The financial services firm ICICI Securities published the latest research report on Delhivery Share Price Target, assigning a ‘buy’ rating with a share price target of Rs.500 from its current market price of Rs. 389
Mr. Amit Agarwal, CFO of Delhivery, key insights were shared about the company’s strategy and performance. Despite slower growth in H1FY24, Delhivery is optimistic about achieving ~15% YoY revenue growth in the express parcel sector for H2FY24. The company has maintained low line haul expenses, a factor in their profitability, by increasing the use of larger trucks.
Delhivery has also gained significant market share in the direct-to-consumer (D2C) space, thanks to its technological advancements and efficient delivery services. While the integration of SpotOn took longer than expected, the quality of the acquisition remains high.
Globally, Delhivery sees a trend where the market leader captures a major profit share despite fragmented revenue, a model they aim to emulate in India. The company expects the industry growth rate to be around 15-20% for FY25, with a focus on maintaining a 20% EBITDA margin in the express parcel segment.
Future acquisitions will be guided by lessons learned from the SpotOn integration, with a focus on e-commerce and supply chain services. Delhivery is also expanding capacity and focusing on the SME segment, particularly in non-metro cities.
The company is not overly concerned about competition from e-commerce players establishing their own logistics capacities, viewing their distributed network as a competitive advantage.
Valuation is based on time-discounted forward EV/EBITDA multiples, with a target price of INR 500, significantly higher than the current market price of INR 389. Delhivery maintains a BUY recommendation, with the key risks being pricing pressure and global economic headwinds.
Long-Term Prediction
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Delhivery Share Price Target 2024, 2025, 2030 to 2050 based on our Research knowledge and forecasting.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹450 | ₹550 |
| 2025 | ₹500 | ₹650 |
| 2026 | ₹550 | ₹750 |
| 2027 | ₹600 | ₹850 |
| 2028 | ₹650 | ₹950 |
| 2029 | ₹700 | ₹1,050 |
| 2030 | ₹750 | ₹1,150 |
| 2035 | ₹1,000 | ₹1,750 |
| 2040 | ₹1,500 | ₹2,500 |
| 2045 | ₹2,000 | ₹3,500 |
| 2050 | ₹2,500 | ₹4,500 |
Analyst Recommendations
Delhivery Buy or Sell
Daily Low / High
Peer Comparison of Delhivery
| Name | P/E | Mar Cap Rs.Cr. |
|---|---|---|
| Delhivery | – | 29614.87 |
| Blue Dart Expres | 60.87 | 17797.38 |
| Corporate Courie | – | 1.87 |
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– As of 4 January 2024, the current share price of Delhivery is ₹400 Check out today’s current share price of Delhivery in the top.
– According to Google historical data, the price of Delhivery on 27 MAY 2022 was ₹541.55
– The latest research report from ICICI Securities sets a Delhivery Share Price Target of Rs. 500
– Based on our analysis, the maximum Delhivery Share Price Target in 2025 is projected to be ₹650.
– Based on our analysis, the maximum Delhivery Share Price Target in 2027 is projected to be ₹850.
– Based on our analysis, the maximum Delhivery Share Price Target in 2030 is projected to be ₹1,150.
– Based on our analysis, the maximum Delhivery Share Price Target in 2035 is projected to be ₹1,750.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices.
Disclaimer– These Share Price Targets for “Delhivery Share Price Target” are only provided for informational purposes. It does not constitute a recommendation to buy, sell, or hold Delhivery stock. Investors should conduct their research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
