Delhivery’s Share Price Target for 2024, 2025, 2028, 2030, and 2040
This article is about Delhivery’s share price target in the upcoming years. Delhivery is India’s largest fully integrated logistics provider. In this post, you will find a detailed analysis of Delhivery’s fundamentals and a stock price prediction for the coming years.
About Delhivery Limited
Incorporated in 2011. Delhivery is an Indian logistics & supply chain company, headquartered in Gurugram, Haryana, India. The major source of revenue, about two-thirds, comes from providing third-party logistics and delivery services to e-commerce companies.
The company has over 85 fulfilment centres, 24 automated sort centres, 70 hubs, 7,500+ partner centres, and 3,000+ direct delivery centres.
Delhivery’s aim is to build the operating system for commerce. They provide express parcel transportation, PTL and TL freight, cross-border and supply chain services to over 26000 customers, including large & small e-commerce participants, SMEs, and other leading enterprises & brands.
Delhivery secured its first e-commerce client, in June 2011. By August 2011, Delhivery had completely modified its business strategy to offer logistical support to a number of e-commerce companies.
Softbank and Fidelity made investments in the company in March 2019 and May 2021, respectively. If you want to know more, visit www.delhivery.com.
Key Metrics
| Market Cap | ₹ 23,974.02 Crore |
| Sectoral Market Cap Rank | 3 |
| PE Ratio (x) | -24.74 |
| Price to Book Ratio (x) | 4.06 |
| EPS – TTM | ₹ -13.31 |
| 52 Week High & Low | ₹ 708.00 / ₹ 291.00 |
Important Note: These price targets of “Delhivery Ltd.” are only for reference purpose only, short-term and long-term Delhivery stock price predictions may be different due to the different analysed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
Delhivery Share Price Target for 2023
With 64.4% CAGR, Delhivery Limited became the fastest-growing independent, integrated logistics company in India. Revenues from the Supply Chain Services business grew by over 40% during FY22. In FY22, the company added almost 1 million square feet of fulfilment centre infrastructure across locations such as Mumbai, the NCR, Hyderabad, Bengaluru, and multiple Tier 1 and Tier 2 cities as well. If we analyse the share price target for this year, the stock price will reach ₹ 350.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 340 | ₹ 350 |
Delhivery Share Price Target for 2024
The company also launched several new logistics services during the last year to expand its customer base and increase its share of the total logistics spend of its existing customers. And the same is expected in the coming years too. Talking about the share price target in 2024, the first target will be ₹ 340, and the second target will be ₹ 355.
| Year | First Target | Second Target |
|---|---|---|
| 2024 | ₹ 340 | ₹ 355 |
Delhivery Share Price Target for 2025
The company expanded its operations through acquisitions. Delhivery Limited completed the acquisition of Spoton, one of India’s leading and fastest-growing PTL networks, in FY22. Delhivery and Spoton together form one of the fastest-growing and largest express PTL networks in India. The acquisition will allow it to realise synergies in network infrastructure as well as expand the company’s tractor-trailer fleet, thereby improving the unit economies of the company’s Express Parcel and PTL businesses. The company is expected to continue with the same growth strategy in the future as well. In the year 2025, the first share price target can be ₹ 360 and the second can be ₹ 370.
| Year | First Target | Second Target |
|---|---|---|
| 2025 | ₹ 360 | ₹ 370 |
Delhivery Share Price Target for 2026
Large, mature economies have historically led to the creation of large, integrated logistics companies. India is an anomalous market in this regard, with the industry being highly fragmented and unorganised. Direct logistics spending in India is one of the largest across global economies and is expected to grow to US$365 billion by FY26. This represents a huge addressable market for organised logistics companies in the country, which today account for 5% of the total market.
If we talk about share price targets in 2026, the first target would be ₹ 365 and the second target would be ₹ 375.
| Year | First Target | Second Target |
|---|---|---|
| 2026 | ₹ 365 | ₹ 375 |
Delhivery Share Price Target for 2027
The company continues to invest in building technology, data science, and business intelligence capabilities across its own offices in Gurugram, Noida, Bengaluru, Hyderabad, Goa, and Seattle. Teams in Seattle, Bengaluru, and Hyderabad are in the advanced development stages of OS1, its global logistics platform.
OS1 aims to enable developers, logistics-tech enterprises, and logistics companies to create and access purpose-built logistics and supply chain applications and solutions, thereby allowing them to participate in the logistics markets of the future without having to make significant technology investments.
| Year | First Target | Second Target |
|---|---|---|
| 2027 | ₹ 380 | ₹ 390 |
Delhivery Share Price Target for 2028
In line with the strategy to build scale and new capabilities both organically and inorganically, the company entered into several agreements with other businesses to expand its footprint in different segments. Delhivery acquired certain assets, facilities, and customer contracts from FedEx and entered into a business cooperation agreement with Falcon. If we analyse the Delhivery share price target in 2028, the first target will be ₹ 400 and another target will be ₹ 420.
| Year | First Target | Second Target |
|---|---|---|
| 2028 | ₹ 400 | ₹ 420 |
Delhivery Share Price Target for 2030
The company is fully equipped with the latest technology and infrastructure, which enable it to take competitive advantage. Its transportation and warehousing services are powered by proprietary technology systems that encompass its operations and power nearly 10,000 partners across the country. Over 250 million data points collected daily on orders, products, locations, road conditions, and weather guide real-time decision making to deliver lower costs and higher service quality. If we analyse the share price target, the first target will be ₹ 440 and the second target will be ₹ 460.
| Year | First Target | Second Target |
|---|---|---|
| 2030 | ₹ 480 | ₹ 500 |
Delhivery Share Price Target for 2040
Delhivery Limited services India’s leading e-commerce marketplaces, direct-to-consumer e-tailers, omni-channel consumer brands, and enterprises across diverse verticals, including automotive, fashion and lifestyle, FMCG, retail, consumer durables, chemicals, and heavy industry. In the upcoming years, these businesses will grow, and automatically, logistics services will expand with them. The growth of this sector is directly proportional to other sectors of our country.
| Year | First Target | Second Target |
|---|---|---|
| 2040 | ₹ 2,000 | ₹ 2,300 |
Delhivery Limited share price targets for 2023, 2024, 2025, 2026, 2027, 2028, 2030, and 2040 are shown in the table below.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 340 | ₹ 350 |
| 2024 | ₹ 340 | ₹ 355 |
| 2025 | ₹ 360 | ₹ 370 |
| 2026 | ₹ 365 | ₹ 375 |
| 2027 | ₹ 380 | ₹ 390 |
| 2028 | ₹ 400 | ₹ 420 |
| 2030 | ₹ 480 | ₹ 500 |
| 2040 | ₹ 2,000 | ₹ 2,300 |
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Recommendations: Invest in Delhivery Limited stock or sell it?
As per the current data, Delhivery’s share and potentially its market sentiment have been in a bearish cycle for the last six months. Currently, there seems to be a trend where stocks in the transportation and warehousing sectors are not very popular in this period. Delhivery Limited has been a loss-making business since its listing. And the profit is expected to be far from the company in the coming years as well. As per the stock analysis, the stock of the company has a neutral or negative trend, which will continue in the upcoming years. We cannot recommend this stock for investment purposes (long- or short-term).
FAQ’s
What is the PE ratio of Delhivery Ltd.?
The current PE ratio (price-earnings ratio) of Delhivery Ltd. is -24.74.
What is the 52-week high and low of Delhivery Ltd.’s share price?
Delhivery Ltd. share price saw a 52-week high of ₹ 708 and a 52-week low of ₹ 291.
What will Delhivery Ltd.’s share price target be for 2024?
The first target of Delhivery Ltd.'s share price can be at or below ₹ 340 and the second one is at or below ₹ 355 in 2024.
What will be the Delhivery Ltd. share price target in the next 5 years?
The first target for Delhivery Ltd.'s share price in the next five years is ₹ 400, and the second target is ₹ 420.
What will be the Delhivery Ltd. share price target in the next 7 years?
In the next 7 years, the first target for Delhivery Ltd.'s share price can be ₹ 480, and the second is ₹ 500.
What will be the predicted price of Delhivery Ltd.’s stock by 2040?
Delhivery Ltd. shares can go up to ₹ 2,300 by the year 2040.
Is it profitable to invest in Delhivery Ltd. stock?
Delhivery’s Ltd. stock shows a little bit of positive growth in the coming years, but not much. For investing purposes, you can choose other stocks for a better return.
What are the key metrics to analyze Delhivery Ltd.’s share price?
Delhivery Ltd.'s share price can be quickly analyzed on the basis of the following parameters:
- Stock's PE: -24.74
- Price to Book Ratio: 4.06
- EPS: ₹ -13.31
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