Is Delhivery a profitable company?
Delhivery Limited, India's largest fully-integrated logistics provider, grew revenue by 63 percent year on year to Rs. 7,241 crore in FY22.30-May-2022
Is Delhivery a big company?
According to the RedSeer Report, Delhivery is the largest and fastest growing fully-integrated player in India by revenue in Fiscal 2021.
Delhivery is bordering on breakeven, according to the 12 Indian Logistics analysts. They expect the company to post a final loss in 2024, before turning a profit of ₹2.6b in 2025. So, the company is predicted to breakeven approximately 3 years from today.27-Aug-2022
Is Delhivery a unicorn?
Delhivery Co-Founders/Team This unicorn was founded by Sahil Barua, and Suraj Saharan, which was later joined by Bhavesh Manglani, Kapil Bharati and Mohit Tandon.03-Jun-2022
Delhivery Funding Rounds
What is the turnover of DTDC Courier?
Financial Report - DTDC EXPRESS LIMITED
“We are currently at Rs 1,800 crore in revenues and expect it to grow 50% year on year for the next two to three years.” Expressbees was launched by Saha and Firstcry founder Supam Maheshwari. It offers logistics solutions to ecommerce players.10-Feb-2022
Who is MD of Delhivery?
Flipkart and Amazon India service most of their orders through their in-house logistics firms – Ekart and Amazon Transport Services -- while others such as Meesho and direct-to-consumer brands work with third-party companies such as Delhivery, Ecom Express and Xpressbees.28-Apr-2022
Why is Delhivery so successful?
They started out by delivering packages for e-commerce firms like Snapdeal and Myntra. This quickly grew into a larger business as demand for deliveries to customers' homes exploded due to the growth of online shopping in India.
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.
Delhivery share price tanked over 9 per cent on Wednesday after the company reported a net loss of Rs 399 crore for the quarter ended June 2022 as against a net loss of Rs 129.6 crore a year back. At the same time, the company's revenues grew 32.5 per cent on-year to Rs 1,745.7 crore.10-Aug-2022
Should we go for Delhivery IPO?
"We assign 'Avoid' rating to this IPO as the company is loss making with negative operating cash flows," the brokerage said. "Also, it is available at an expensive valuation as compared to its peers." Religare Broking has cited higher losses and higher competitive industry as two risks to the issue.11-May-2022
As part of our coverage on India's coolest start-ups, we profile Delhivery, a third-party, last-mile logistics delivery firm in Delhi that serves e-commerce companies alone. It routes packages faster via different flights throughout the day as well as using multiple modes of transport.
Who are the competitors of Delhivery?
Competition
With Spoton's acquisition, Delhivery has reinforced its business, which industry observers believe has the potential to catapult it among India's top three B2B express logistics businesses. In fact, with Spoton's B2B excellence, Delhivery looks like the largest B2B+B2C player if we go by combined revenue.06-Sept-2021
Does Delhivery ship internationally?
CROSS-BORDER SERVICES Our operations are powered by our global shipping service, “Starfleet”, where we follow a“string of pearls” strategy, integrating global networks and airlines on the same platform, providing single-window visibility into express and freight global shipping to shippers.
New age logistics and supply chain startup Delhivery has converted itself into a public company ahead of the filing of its draft prospectus with the Securities and Exchange Board of India (Sebi).07-Oct-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 profitable company?