Is Delhivery a profit making company?

Is Delhivery a profit making company?

For FY22, Delhivery said it posted an operating profitability with an adjusted EBITDA of Rs 72 crore and adjusted cash profit after Tax (APAT) of Rs 212 crore.31-May-2022

Who funded Delhivery?

The new round valuation of this startup was about $3 billion. Delhivery is backed by the following investors: Carlyle Group, Tiger Global, Fosun International, SoftBank Vision Fund, Nexus Venture Partners, Multiples, and CPP Investment Board.03-Jun-2022

Is Delhivery a big company?

WHO ARE WE? According to the RedSeer Report, Delhivery is the largest and fastest growing fully-integrated player in India by revenue in Fiscal 2021.

Is DHL and Delhivery same?

Delhivery Private Limited is India's largest B2B & C2C Logistic Courier Service Provider in India. We provide fastest ✓Parcel Transportation ✓Warehousing DHL is the global market leader in the logistics industry. DHL commits its expertise in international parcel, express, air and ocean freight, road and rail

Is Delhivery a good buy?

Coming to Delhivery, analysts suggest investors avoid entering the stock at current levels given that the firm is yet to turn profitable. AK Prabhakar, Head of Research, IDBI Capital says, Delhivery is a loss-making company. He suggests, avoid buying the stock at current levels.01-Jun-2022

Is Delhivery overvalued?

The key valuation ratios of Delhivery Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

Why is Delhivery so successful?

Furthermore, Delhivery claims to possess a capacity of processing more than 15 lakh (around 1.5 million) parcels per day in over 17,500 pin codes in India across 2,300 towns and cities. All of these are possible mainly because of its network of nearly 7,000 drivers and over 5,000 trucks.

Why is Delhivery so slow?

Originally Answered: Logistics: Why is Delhivery extremely slow in shipment? Delhivery is slow because they hide your parcels in their bums so deep that even google won't find it. And the replies you get from account manager or a bot (which is more accurate) is just awesome.

Is Delhivery a B2B or B2C?

Over 10 years, Delhivery has established a leading position in B2C logistics and now by combining our part truckload business with Spoton's we will be on the path to the same position in B2B express as well,” Delhivery CEO Sahil Barua said.25-Aug-2021

Is Delhivery a Chinese company?

Delhivery is an Indian logistics and supply chain company, based in Gurgaon.

Does Delhivery ship internationally?

With Delhivery's Cross-Border end-to-end international shipping and fulfilment services, you can dare to dream beyond the country's borders. With exceptional services and competitive prices, Delhivery SME proudly puts Indian businesses on the global map.17-Sept-2021

Who is No 1 courier company in India?

1. Blue Dart Express. Blue Dart is one of India's leading courier companies, serving over 36,000 pin codes across the country and over 220 countries globally.

Is Delhivery better than DTDC?

Delhivery - It is a reputed and reasonable domestic courier service. It offers quick delivery service, online monitoring etc for better customer satisfaction. 7. DTDC - The Dotzot service of the DTDC is quite popular and is quite reasonably charged.Answers.

Who is CEO of Delhivery?

I am in the Gurugram office of 32-year-old Sahil Barua, the soft-spoken, publicity shy, rock-loving co-founder and CEO of digital commerce logistics company Delhivery.09-Oct-2017

Is Delhivery debt free?

The company's short term borrowings increased at 71 per cent CAGR from FY19 to FY21 and at 75 per cent from FY19 to nine months ended FY21. 25) Is the company free from meaningful contingent liabilities? Yes. The company is free from material contingent liabilities.10-May-2022

How good is Delhivery IPO?

Analysts suggest investors to avoid the IPO Despite an improvement in the revenue, Delhivery is still a loss making firm, disappointing analysts who also believe it's aggressively priced.12-May-2022

Should we take Delhivery IPO?

The company has reported good revenue growth of 82 per cent in 9MFY2022 and it is expected that the company may turn EBITDA positive by the FY2022 end. Given the expensive valuation, we are assigning a NEUTRAL recommendation to the Delhivery IPO."11-May-2022

Is Adani Group overvalued?

At present, the share price of Adani Green is overvalued, and therefore a huge fall in prices can trap retail investors.

What is the business model of Delhivery?

Delhivery Business Model The company focuses on extending a full range of logistics services, from express parcel and heavy goods to truckload freight, Delhivery warehouse solutions, cross-border logistics, e-commerce solutions, and supply chain.18-May-2022

Which airline does Delhivery use?

"The collaboration is an extension of our long-standing relationship with Spicejet. We look forward to leveraging our capabilities to revolutionize the logistics ecosystem," Delhivery chief operating officer Ajith Pai said.24-Jun-2021

Who are the clients of Delhivery?

Today, it delivers 40,000 to 50,000 orders a day and has customers such as Flipkart, Snapdeal, eBay, Amazon, Myntra, Jabong and Healthkart, among others. Employing 3,000, its delivery business is in 135 cities. Delhivery is launching international operations in Dubai and Sri Lanka around June this year.

Is Delhivery a profit making company?