Delhivery Ltd

NSE: DELHIVERY BSE: 543529

₹370

-20 (5.13%)

Mon, 02 Nov 2026, 02:33 pm

MTF 5xInvest in Delhivery Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)27732.33

PE Ratio304.28

Dividend0

Transportation

Air Freight/Couriers

24.5K

Delhivery Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-358.13M	-492.18M	-886.27M	-995.29M	-888.30M	-885.20M	-1.26B
Pretax equity in earnings	0	0	0	—	—	—	—
Equity in earnings	0	0	0	-32.27M	135.74M	86.95M	70.30M
Total assets	40.63B	43.57B	45.98B	82.51B	112.13B	114.53B	120.63B
Total current assets	32.70B	25.73B	28.30B	39.60B	69.63B	59.50B	59.52B
Cash and short term investments	27.94B	14.20B	13.08B	18.21B	49.13B	40.34B	40.60B
Cash & equivalents	16.63B	1.20B	2.76B	2.82B	5.04B	3.71B	5.29B
Short term investments	11.31B	13.00B	10.32B	15.38B	44.09B	36.62B	35.31B
Total receivables, net	3.79B	9.47B	10.94B	17.08B	16.75B	15.92B	16.73B
Accounts receivable - trade, net	3.56B	8.76B	9.61B	16.71B	15.24B	14.30B	14.86B
Other receivables	229.59M	705.88M	1.32B	369.65M	1.52B	1.62B	1.87B
Total inventory	310.59M	412.15M	721.71M	1.05B	908.91M	479.44M	417.46M
Other current assets, total	621.18M	1.53B	3.43B	2.62B	2.62B	2.27B	1.29B
Total non-current assets	7.93B	17.85B	17.67B	42.91B	42.50B	55.03B	61.11B
Long term investments	758.46M	7.25B	4.42B	9.40B	8.78B	17.62B	17.87B
Note receivable - long term	36.39M	10.69M	0	—	—	—	6.28M
Investments in unconsolidated subsidiaries	0	0	0	0	2.62B	3.21B	3.28B
Other investments	722.07M	7.24B	4.42B	9.40B	6.16B	14.41B	14.58B
Net property/plant/equipment	4.66B	7.41B	11.01B	13.93B	15.15B	19.58B	25.23B
Gross property/plant/equipment	6.76B	10.70B	15.72B	20.72B	24.77B	31.85B	39.40B
Deferred tax assets	—	—	—	—	229.02M	0	—
Net intangible assets	294.42M	348.29M	326.03M	17.37B	15.35B	14.33B	14.03B
Goodwill, net	163.80M	186.40M	186.48M	13.80B	13.62B	13.44B	13.44B
Other intangibles, net	130.62M	161.89M	139.55M	3.57B	1.73B	892.25M	588.81M
Other long term assets, total	2.15B	2.83B	1.91B	2.19B	2.98B	3.49B	3.99B
Short term debt	1.32B	2.68B	3.31B	4.11B	2.75B	2.86B	2.81B
Current portion of LT debt and capital leases	744.43M	1.11B	1.62B	1.76B	2.75B	2.86B	2.81B
Short term debt excl. current portion of LT debt	579.97M	1.57B	1.70B	2.36B	0	0	0
Accounts payable	1.58B	2.73B	4.42B	8.35B	7.87B	7.97B	8.55B
Income tax payable	0	1.24M	1.20M	0	—	—	5.26M
Long term debt	2.78B	4.87B	7.85B	6.90B	6.49B	8.84B	11.41B
Long term debt excl. lease liabilities	2.78B	4.87B	7.85B	6.90B	6.49B	8.84B	11.38B
Total equity	33.88B	31.70B	28.37B	59.57B	91.77B	91.45B	94.32B
Shareholders' equity	33.88B	31.70B	28.37B	59.57B	91.77B	91.45B	94.32B
Common equity, total	33.49B	31.31B	28.01B	59.57B	91.77B	91.45B	94.32B
Other common equity	969.33M	1.37B	1.97B	3.57B	5.38B	5.71B	4.88B
Total debt	4.11B	7.55B	11.17B	11.02B	9.23B	11.69B	14.22B
Net debt	-23.83B	-6.65B	-1.91B	-7.19B	-39.89B	-28.64B	-26.39B
Change in accounts receivable	-820.72M	-4.33B	-1.07B	-3.14B	-539.93M	-166.90M	-1.20B
Change in taxes payable	-139.32M	103.90M	304.55M	—	—	—	—
Change in accounts payable	-375.55M	1.13B	1.69B	2.63B	-473.00M	97.30M	578.49M
Change in other assets/liabilities	-332.76M	-2.17B	-1.24B	-4.44B	1.60B	194.73M	369.98M
Sale of fixed assets & businesses	0	260.00K	23.71M	41.80M	65.79M	966.05M	74.93M
Purchase/sale of investments, net	-7.88B	-8.11B	5.15B	-7.63B	-29.07B	1.29B	1.68B
Sale/maturity of investments	5.71B	47.45B	15.57B	34.76B	19.90B	53.84B	76.08B
Purchase of investments	-13.59B	-55.56B	-10.42B	-42.39B	-48.97B	-52.54B	-74.41B
Other investing cash flow items, total	0	0	0	0	0	0	0
Issuance/retirement of debt, net	654.63M	1.23B	758.66M	-2.98B	-1.20B	-735.08M	-856.97M
Issuance/retirement of long term debt	268.31M	641.78M	133.20M	-2.99B	-342.64M	-735.08M	-856.97M
Issuance/retirement of short term debt	386.32M	584.79M	532.58M	17.64M	-859.93M	0	0
Issuance/retirement of other debt	—	—	92.88M	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	272.29M	0	0

Particulars	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-358.13M	-492.18M	-886.27M	-995.29M	-888.30M	-885.20M	-1.26B
Pretax equity in earnings	0	0	0	—	—	—	—
Equity in earnings	0	0	0	-32.27M	135.74M	86.95M	70.30M
Total assets	40.63B	43.57B	45.98B	82.51B	112.13B	114.53B	120.63B
Total current assets	32.70B	25.73B	28.30B	39.60B	69.63B	59.50B	59.52B
Cash and short term investments	27.94B	14.20B	13.08B	18.21B	49.13B	40.34B	40.60B
Cash & equivalents	16.63B	1.20B	2.76B	2.82B	5.04B	3.71B	5.29B
Short term investments	11.31B	13.00B	10.32B	15.38B	44.09B	36.62B	35.31B
Total receivables, net	3.79B	9.47B	10.94B	17.08B	16.75B	15.92B	16.73B
Accounts receivable - trade, net	3.56B	8.76B	9.61B	16.71B	15.24B	14.30B	14.86B
Other receivables	229.59M	705.88M	1.32B	369.65M	1.52B	1.62B	1.87B
Total inventory	310.59M	412.15M	721.71M	1.05B	908.91M	479.44M	417.46M
Other current assets, total	621.18M	1.53B	3.43B	2.62B	2.62B	2.27B	1.29B
Total non-current assets	7.93B	17.85B	17.67B	42.91B	42.50B	55.03B	61.11B
Long term investments	758.46M	7.25B	4.42B	9.40B	8.78B	17.62B	17.87B
Note receivable - long term	36.39M	10.69M	0	—	—	—	6.28M
Investments in unconsolidated subsidiaries	0	0	0	0	2.62B	3.21B	3.28B
Other investments	722.07M	7.24B	4.42B	9.40B	6.16B	14.41B	14.58B
Net property/plant/equipment	4.66B	7.41B	11.01B	13.93B	15.15B	19.58B	25.23B
Gross property/plant/equipment	6.76B	10.70B	15.72B	20.72B	24.77B	31.85B	39.40B
Deferred tax assets	—	—	—	—	229.02M	0	—
Net intangible assets	294.42M	348.29M	326.03M	17.37B	15.35B	14.33B	14.03B
Goodwill, net	163.80M	186.40M	186.48M	13.80B	13.62B	13.44B	13.44B
Other intangibles, net	130.62M	161.89M	139.55M	3.57B	1.73B	892.25M	588.81M
Other long term assets, total	2.15B	2.83B	1.91B	2.19B	2.98B	3.49B	3.99B
Short term debt	1.32B	2.68B	3.31B	4.11B	2.75B	2.86B	2.81B
Current portion of LT debt and capital leases	744.43M	1.11B	1.62B	1.76B	2.75B	2.86B	2.81B
Short term debt excl. current portion of LT debt	579.97M	1.57B	1.70B	2.36B	0	0	0
Accounts payable	1.58B	2.73B	4.42B	8.35B	7.87B	7.97B	8.55B
Income tax payable	0	1.24M	1.20M	0	—	—	5.26M
Long term debt	2.78B	4.87B	7.85B	6.90B	6.49B	8.84B	11.41B
Long term debt excl. lease liabilities	2.78B	4.87B	7.85B	6.90B	6.49B	8.84B	11.38B
Total equity	33.88B	31.70B	28.37B	59.57B	91.77B	91.45B	94.32B
Shareholders' equity	33.88B	31.70B	28.37B	59.57B	91.77B	91.45B	94.32B
Common equity, total	33.49B	31.31B	28.01B	59.57B	91.77B	91.45B	94.32B
Other common equity	969.33M	1.37B	1.97B	3.57B	5.38B	5.71B	4.88B
Total debt	4.11B	7.55B	11.17B	11.02B	9.23B	11.69B	14.22B
Net debt	-23.83B	-6.65B	-1.91B	-7.19B	-39.89B	-28.64B	-26.39B
Change in accounts receivable	-820.72M	-4.33B	-1.07B	-3.14B	-539.93M	-166.90M	-1.20B
Change in taxes payable	-139.32M	103.90M	304.55M	—	—	—	—
Change in accounts payable	-375.55M	1.13B	1.69B	2.63B	-473.00M	97.30M	578.49M
Change in other assets/liabilities	-332.76M	-2.17B	-1.24B	-4.44B	1.60B	194.73M	369.98M
Sale of fixed assets & businesses	0	260.00K	23.71M	41.80M	65.79M	966.05M	74.93M
Purchase/sale of investments, net	-7.88B	-8.11B	5.15B	-7.63B	-29.07B	1.29B	1.68B
Sale/maturity of investments	5.71B	47.45B	15.57B	34.76B	19.90B	53.84B	76.08B
Purchase of investments	-13.59B	-55.56B	-10.42B	-42.39B	-48.97B	-52.54B	-74.41B
Other investing cash flow items, total	0	0	0	0	0	0	0
Issuance/retirement of debt, net	654.63M	1.23B	758.66M	-2.98B	-1.20B	-735.08M	-856.97M
Issuance/retirement of long term debt	268.31M	641.78M	133.20M	-2.99B	-342.64M	-735.08M	-856.97M
Issuance/retirement of short term debt	386.32M	584.79M	532.58M	17.64M	-859.93M	0	0
Issuance/retirement of other debt	—	—	92.88M	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	272.29M	0	0