Delhivery Key Ratios
NSE: DELHIVERY | BSE: 543529
₹456.20
As on 31-Aug-2026 15:53IST
Market cap
₹34,750 Cr
Revenue (TTM)
₹11,145 Cr
P/E Ratio
371.5
P/B Ratio
3.8
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 2.83 | 27.76 | 23.10 | 14.58 | 23.58 |
| EBIT | -252.13 | -3,556.68 | 23.25 | 23.83 | 11.08 |
| Net Profit | -54.76 | -64.96 | -38.22 | 29.58 | 18.81 |
| EPS | -55.94 | -65.07 | -53.19 | 28.67 | 15.78 |
| Book Value | -- | -- | 2.55 | 1.24 | -5.06 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -3.55 | -8.83 | -0.93 | -1.40 | -1.94 |
| Net Margin
| 0.07 | -5.51 | 0.71 | 1.39 | 1.73 |
| Return on equity
| 0.21 | -7.63 | 1.28 | 1.68 | 1.85 |
| Return on Capital
| 1.44 | -5.53 | -- | 2.97 | 3.02 |
| Return on Assets
| 0.14 | -5.14 | 0.66 | 1.23 | 1.38 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
2.97
|
3.02
|
-1.67
|
-12.29
|
|
Peer Median
|
--
|
9.32
|
9.23
|
6.52
|
--
|
ROE
1.28
Lower than Peers by 11.52
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
1.28
|
1.68
|
1.85
|
-2.89
|
-14.15
|
|
Peer Median
|
12.80
|
9.68
|
4.61
|
2.18
|
--
|
ROA
0.66
Lower than Peers by 2.58
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
0.66
|
1.23
|
1.38
|
-2.20
|
-10.37
|
|
Peer Median
|
3.24
|
2.81
|
0.48
|
0.39
|
--
|
EBIT Margin
-0.93
Lower than Peers by 12.40
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
-0.93
|
-1.40
|
-1.94
|
-7.31
|
-17.75
|
|
Peer Median
|
11.47
|
11.92
|
23.47
|
43.74
|
--
|
Net Margin
0.71
Lower than Peers by 4.60
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
0.71
|
1.39
|
1.73
|
-2.90
|
-13.38
|
|
Peer Median
|
5.31
|
3.94
|
8.57
|
8.76
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
7.67
|
7.61
|
5.75
|
-2.42
|
|
Peer Median
|
--
|
--
|
--
|
0.00
|
--
|
Revenue Growth
23.10
Higher than Peers by 19.54
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
23.10
|
17.65
|
9.71
|
12.68
|
4.98
|
|
Peer Median
|
3.56
|
12.25
|
9.71
|
8.31
|
--
|
EBIT Growth
23.25
Higher than Peers by 13.12
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
23.25
|
15.09
|
70.80
|
53.62
|
-18.48
|
|
Peer Median
|
10.14
|
33.06
|
-9.11
|
-7.42
|
--
|
Net Profit Growth
-38.22
Lower than Peers by 17.91
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
-38.22
|
-5.90
|
165.06
|
75.27
|
0.32
|
|
Peer Median
|
-20.30
|
55.76
|
-57.53
|
28.65
|
--
|
EPS Growth
-53.19
Lower than Peers by 32.07
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
-53.19
|
-6.20
|
164.29
|
75.54
|
12.17
|
|
Peer Median
|
-21.12
|
22.75
|
-45.79
|
32.14
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
2.96
|
4.33
|
-0.76
|
54.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
0.00
|
0.00
|
0.01
|
0.02
|
|
Peer Median
|
0.05
|
0.42
|
0.05
|
0.07
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
--
|
--
|
0.00
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.59
Higher than Peers by 1.58
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
2.59
|
2.59
|
4.23
|
4.42
|
5.33
|
|
Peer Median
|
1.01
|
1.15
|
4.42
|
2.72
|
--
|
Quick Ratio
2.58
Higher than Peers by 1.57
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
2.58
|
2.58
|
4.22
|
4.41
|
5.32
|
|
Peer Median
|
1.01
|
14.00
|
4.22
|
6.63
|
--
|
Interest Coverage
1.48
Lower than Peers by 0.77
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
1.48
|
1.97
|
2.25
|
-1.76
|
-10.85
|
|
Peer Median
|
2.25
|
1.86
|
2.83
|
1.20
|
--
|
Operating Efficiency
Debtors to sales
12.30
Higher than Peers by 7.13
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
12.30
|
13.05
|
15.81
|
17.56
|
21.09
|
|
Peer Median
|
5.17
|
5.97
|
15.81
|
17.26
|
--
|
Asset Turnover
0.90
Higher than Peers by 0.22
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
0.90
|
0.89
|
0.78
|
0.73
|
0.75
|
|
Peer Median
|
0.68
|
0.77
|
0.06
|
0.10
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
45.94
|
56.59
|
65.57
|
62.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
0.66
|
0.66
|
0.79
|
1.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
--
|
--
|
--
|
63.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
371.52
Higher than Peers by 352.43
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
371.52
|
204.27
|
117.33
|
--
|
--
|
|
Peer Median
|
19.09
|
119.07
|
187.24
|
138.92
|
--
|
Price / Book Value
3.76
Higher than Peers by 1.58
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
3.76
|
3.38
|
2.13
|
3.83
|
2.80
|
|
Peer Median
|
2.17
|
2.29
|
2.53
|
4.02
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
35.35
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
35.35
|
30.99
|
22.95
|
56.17
|
-162.12
|
|
Peer Median
|
--
|
11.20
|
12.23
|
18.50
|
--
|
Market Cap
34,750
Higher than Peers by 33,959
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Delhivery
|
34,750
|
31,188
|
19,020
|
32,817
|
24,223
|
|
Peer Median
|
792
|
953
|
749
|
1,188
|
--
|