infrastructure

Delhivery

DELHIVERY · Nifty 50

451.55

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positioninfrastructure sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score85/100 (STRONG). 1 positive flags, 1 concerns.
Historical Context50 similar technical setups. Average outcome: -9.9% decline. 0% positive.

Fundamental

85/100

STRONG

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

Delhivery scores 85/100 on fundamentals (strong). Delhivery: BROAD EXPANSION regime.

Fundamental Score: 85/100 · STRONG · 2 signals detected

DuPont Analysis

ROE 2.9% broken into three drivers. Each shows how efficiently the company generates returns.

ROE2.9%=
2.7%Net Margin
×
0.8xTurnover
×
1.3xLeverage

ROE of 2.85% is modest margin-driven and stable. Net margin of 2.7% × asset turnover of 0.79x × leverage of 1.3x.

What This Means

Net margin of 2.7% means the company keeps ₹2.7 as profit for every ₹100 of revenue. This is a low-margin business. Asset turnover of 0.79x means the company efficiently uses its assets to generate revenue. Leverage of 1.3x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

7.6%

Operating

4.0%

Net

2.7%

improving

Gross margin 7.6% → operating margin 4.0% → net margin 2.7%. Margins are IMPROVING.

Financial Health

Earnings Quality

STRONG

Cash flow covers net income 3.3x — earnings are HIGH QUALITY. The company converts profit to cash efficiently.

Debt Sustainability

ADEQUATE

Interest covered only 2.9x — stretched. Rising rates could pressure profitability. Debt/EBITDA at 3.6x is moderate.

Free Cash Flow

STRONG

FCF margin at 4.8% — moderate. Generating cash after investments.

Peer Comparison

Delhivery is compared against 10 peers in the infrastructure sector.

Key Watchpoints

🟢

Breaks above ₹474 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹429 (-5%)

Further downside risk

🟢

Infrastructure sector entering leadership

Sector rotation signal

Detected Patterns

✅ Cash Flow Inflection: FCF turned positive after negative periods — major transition
✅ High Earnings Quality: Cash flow covers earnings 3.3x — strong cash conversion

Risk Flags

🔴 1 Critical1 Positive2 total flags
🔴Cash covers only 13% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

Strong analyst consensus: strong_buy (22 analysts)
Valuation

Mean recommendation: 1.4/5 (1=Strong Buy, 5=Strong Sell). Institutional confidence is high.

⚠️ 1 critical + 0 warning flags. Exercise caution.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
⚠️ Our margin analysis (improving) contradicts news reports of margin pressure — investigate

50 articles scanned for fundamental themes

Facts

P/E Ratio
222.5UNAVAILABLE
P/B Ratio
3.4HIGH
Market Cap
₹3298675.9L CrHIGH
From 52W High
92% of high
Sector Peers
10
Delhivery Stock Analysis, Valuation, Fundamentals & Intelligence | FynSight