Delhivery Share Price

Delhivery Limited, with its operations in Gurugram, is one of the top logistics service providers in India. The company offers diversified services in express parcel transportation, heavy freight, supply chain solutions, and cross-border logistics. Delhivery has a substantial reach with a network spread all over the country. Delhivery share price on NSE and BSE signifies how investors react to the company’s operational performance and overall sector related developments in logistics and e-commerce.  

Several factors influence the Delhivery stock price, including revenue growth, operating margins, market share in the e-commerce logistics market͏ share, capital expenditure cycles and intensity of competition. Over time, network expansion strategies, network development, services diversification, technology incorporation, and profitability enhancements can have an impact on the stock market sentiments͏. All these factors should be monitored closely to have an idea about Delhivery stock price movements.  

Delhivery live share price offers real-time information of the last traded price, bid price, ask price and traded volume. These indicators represent market activity and liquidity, and include reactions from investors to company announcements, economic conditions and sector news. Constant monitoring of Delhivery live price helps observe short term price fluctuations and how a stock moves relative to͏ the broader͏ market.  

Also, tracking Delhivery share price today aids investors to gauge live market sentiment, price fluctuations and trading behaviour. They can analyze short-term performance, spot potential entry or exit points, and react to news, quarterly results, or sector trends that may impact the valuation of the company and overall investment outlook.  

Delhivery Company Fundamentals

Delhivery Company Background 

Delhivery is an Indian logistics company focused on building an operating system for commerce. It works with small businesses, large marketplaces, and enterprises across sectors, providing end-to-end logistics solutions tailored to different business needs. The company operates as a fully integrated logistics provider, combining physical infrastructure, large-scale operations, and technology-driven systems to support the movement of goods across the country. Founded in 2011, Delhivery has handled over four billion orders to date. It has established a nationwide logistics network with a presence in every Indian state and services more than 18,850 pin codes. Its operational footprint includes around 50 automated sort centres, 123 gateways, and over 4,500 direct delivery centres. These facilities are supported by a workforce of more than 74,000 people. Delhivery’s model focuses on reliability, scale, and consistency in logistics execution. Its operations run continuously throughout the year, enabling businesses to manage supply chains and deliveries without interruption while adapting to the evolving needs of India’s commerce ecosystem. 

Delhivery Company Product Lines 

Delhivery Services 

• Express Parcel – Nationwide parcel delivery with tracking and reliable handling. 
• Warehousing – Storage, inventory management, and order processing solutions. 
• Part Truckload – Cost-effective shared freight for partial truck shipments. 
• Full Truckload – Dedicated truck services for large volume freight. 
• International – Shipping solutions for global deliveries. 
• TransportOne – Optimized transport and logistics management service. 
• Data Intelligence – Analytics and insights for logistics performance and planning. 

Delhivery Solutions 

• D2C Brands – Logistics solutions tailored for direct-to-consumer businesses. 
• Personal Courier – Services for individual or personal parcel deliveries. 
• B2B Enterprises – Logistics support for business-to-business operations. 
• RTO Predictor – Tool to forecast Return to Origin (RTO) likelihood and reduce logistics inefficiencies. 

Delhivery Company Revenue Model 

Core Logistics & Delivery 

• Express Parcel Services – Charges for delivering parcels, including same-day, next-day, economy, and reverse logistics services. 
• Part Truckload (PTL) Services – Revenue from transporting goods that do not fill an entire truck. 
• Full Truckload (FTL) Services – Income from point-to-point or multi-point full truckload transportation. 

Supply Chain & Warehousing 

• Supply Chain Services / Warehousing & Fulfillment – Fees for integrated warehousing, inventory management, order fulfillment, and transportation solutions. 

Specialized & Value-Added Services 

• Cross-Border Logistics Services – Income from international logistics, including freight forwarding, customs clearance, and global delivery. 
• Delhivery Direct (Intra-City On-Demand Delivery) – Charges for quick pickup and delivery within cities using two-, three-, or four-wheelers. 
• Rapid (Quick Commerce / Dark Store Fulfillment) – Revenue from rapid fulfilment and delivery solutions (2–4 hour delivery) using in-city fulfillment centres (dark stores). 

Technology & Platform-Related Services 

• SaaS & Data/Software Solutions – Subscription or licensing income from logistics tech platforms for freight management, tracking, and optimization. 

 Other Ancillary Services 

• Value-Added Services – Fees from additional services like cash-on-delivery (COD) handling, returns processing, packaging, appointment-based delivery, reverse logistics, and insurance. 
• Supply Chain Consulting & Solutions – Charges for consultancy-style supply chain planning, distribution optimization, and logistics process design for enterprise clients. 

Delhivery Geographic Presence 

• India – Nationwide (Primary Market) 
• Operates across all states and union territories in India ( 
• Network covers tens of thousands of postal PIN codes, reaching the majority of the country  

Key Corporate Locations: 

• Gurgaon 
• Mumbai  
• Bengaluru  
• Goa 
• Hyderabad 

Network Infrastructure in India 

• Sortation centres (automated and semi-automated)  
• Gateways 
• Fulfilment and delivery centres 
• Partner service centres across many regions 

International / Cross-Border Operations 

• Supports cross-border logistics and international shipping partnerships  
• Connected to operations involving more than 200 countries through partner networks and export services  

Delhivery Leadership  

Some of the key leaders for Delhivery as of January 2026 are: 

• Deepak Kapoor – Chairman and Non-Executive Independent Director 
• Sahil Barua – Managing Director and Chief Executive Officer 
• Romesh Sobti – Non-Executive Independent Director 
• Saugata Gupta – Non-Executive Independent Director 
• Sameer Mehta – Non-Executive Independent Director 
• Namita Thapar – Non-Executive Independent Director 
• Padmini Srinivasan – Non-Executive Independent Director 
• Yashish Dahiya – Non-Executive Independent Director 
• Kapil Bharati – Executive Director and Chief Technology Officer (CTO) 
• Suraj Saharan – Executive Director and Chief People Officer 

Delhivery Key Milestones 

• 2011 – Incorporated as SSN Logistics Private Limited; launched Transportation Management System (TMS). 
• 2013 – Commenced business for fulfilment centres. 
• 2014 – Launched network design tool, Netplan product. 
• 2015 – Renamed Delhivery Private Limited; launched address resolution engine Addfix; established automated sort centres and a self-managed express surface line-haul network. 
• 2016 – Commenced Part Truckload (PTL) services; launched Constellation program; expanded last-mile delivery team. 
• 2018 – Commenced Truckload (TL) services and cross-border logistics; soft-launched PaaS in Sri Lanka and Bangladesh. 
• 2019 – Started Supply Chain Services; acquired Aramex’s India assets; partnered with UPS; launched tractor trailers; opened Delhivery USA office. 
• January 2020 – Acquired Roadpiper Technologies Private Limited (digital freight broker and logistics tech solutions). 
• 2020 – Automated material handling systems; launched three mega trucking terminals in Tauru (Haryana), Bhiwandi (Maharashtra), and Bengaluru (Karnataka). 
• February 2021 – Acquired Primaseller Inc. to support D2C e-commerce and omnichannel logistics. 
• July 15, 2021 – Signed strategic alliance agreement with FedEx (pending regulatory approvals). 
• August 2021 – Acquired Spoton Logistics Private Limited, an express PTL freight provider in India. 
• October 12, 2021 – Converted to public limited company; renamed Delhivery Limited. 
• May 2022 – Launched IPO and raised funds from the public. 
• 2022 – Launched fulfilment and PTL freight services, economy PTL services, air-freight services, and Delhivery Direct for individual consumers. 
• FY23 – Added 387 tractors, launched Delhivery One for SME and D2C customers; acquired Algorhythm Tech Private Limited. 
• 2023-24 – Launched TransportOne and LocateOne applications on SaaS platform OS1; acquired 10.94% stake in Vinculum; increased stake in Falcon Autotech Private Limited to 39.34%. 
• March 31, 2025 – Served over 40,000 active customers; expanded gateway infrastructure in Bhiwandi to 750,000 sq. ft. 

Industry Perspective 

Delhivery operates in the logistics and supply chain industry, a sector critical to global and Indian commerce that encompasses transportation, warehousing, freight forwarding, courier and express parcel services, and integrated supply chain solutions. This industry acts as the backbone of trade and ecommerce by ensuring goods move efficiently from producers to consumers, and its growth is tightly linked with rising online shopping, manufacturing output, and infrastructure development. Globally, the logistics market was valued at over USD 5.7 trillion in 2024 and is projected to reach around USD 8.1 trillion by 2033, expanding at a CAGR of approximately 4 % between 2025 and 2033. Warehousing and distribution services are among the fastestgrowing segments within this broader market. In India, the thirdparty logistics (3PL) segment—where Delhivery is a major player—is expected to grow from about USD 48 billion in 2025 to over USD 111 billion by 2033, at an 11.2 % CAGR from 2026–2033. Rapid growth in ecommerce, expanding internet access beyond metros, and increasing outsourcing of logistics are key demand drivers. Specialised subsegments like logistics automation and cloud logistics in India are also forecast to expand briskly, with projected CAGRs of 20 % and 14.6 % respectively through the end of the decade, reflecting wider adoption of technology across the sector.  

Delhivery is wellpositioned in this environment as an integrated logistics provider, benefitting from strong industry tailwinds powered by digital commerce and supply chain optimisation.  

Delhivery Stock Market Presence: Listings & Index Representation 

Delhivery was listed on the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) on May 24, 2022, following its initial public offering. Delhivery Limited is an established entity in the Indian stock market, listed on major exchanges such as NSE (DELHIVERY) and BSE (543529). Its inclusion in prominent indices like Nifty Smallcap 250, Nifty 500, Nifty Smallcap 100, Nifty Smallcap 50, and S&P BSE Dollex – 200 underscores the company’s significance in India’s logistics and supply chain sector. 

The Delhivery stock price is closely tracked by retail and institutional investors. Its inclusion in these indices reflects its market capitalisation and scale in parcel freight, supply chain, and digital logistics operations. Listing on NSE and BSE ensures liquidity, while index presence drives institutional holdings and benchmark tracking in the logistics sector. 

Delhivery Stock Performance and Delhivery Share Price History 

The Delhivery share price on NSE and BSE reflects its status as a leading logistics service provider. Performance is driven by parcel volume growth, revenue per shipment, network utilization, operating leverage, and progress towards sustained profitability. Investors compare Delhivery share price today with the Nifty 50 and peer logistics companies to gauge relative performance. 

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting the Delhivery share price. In addition to operational and sector-led factors, corporate actions can also have a significant impact on Delhivery share price movements short-term even when a company’s fundamentals are evolving. This shows how corporate actions can trigger short-term swings, even within a capital-intensive sector influenced by economic cycles and competitive dynamics. 

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Delhivery share price 52-week high and low, providing context beyond daily or weekly changes. The stock reached a 52-week high of ₹490.00 and a low of ₹236.53. Highs can indicate strong demand and scaling operations, while lows align with market corrections or sector-wide concerns over costs and competition. These levels capture impacts of economic activity, growth expectations, margin visibility, and earnings trajectory, providing context for the stock’s historical performance. 

Delhivery’s stock performance reflects the trading behaviour of a growth-oriented logistics company. The company’s extensive network, focus on e-commerce logistics, and investments in technology have shaped its Delhivery share price history. Since its listing, the stock has shown periods of sharp gains and phases of consolidation, reflecting its journey from a high-growth start-up to a publicly listed entity navigating the path to profitability. 

The Delhivery share price reached an all-time high of ₹699.20 on July 21, 2022, shortly after its IPO, supported by strong investor confidence in the logistics and e-commerce narrative. However, the Delhivery stock price experienced a significant correction thereafter, declining 38.20% in 2022. This decrease was driven by broader market volatility, concerns over sustained losses, and a recalibration of valuations for newly listed tech-oriented companies. A recovery of 17.28% in 2023 was followed by a decline of 9.94% in 2024. The Delhivery share price then increased by 15.92% in 2025, pointing to renewed positive momentum aligned with improving financial metrics. 

Despite economic disruptions, Delhivery shares showed resilience in certain periods. While the broader logistics sector faced volume fluctuations and cost pressures, scale benefits and operational improvements helped the stock retain investor interest. The company’s focus on cost management and its essential role in the e-commerce ecosystem provided stability during periods of market volatility. Over a five-year period, the Delhivery stock price has delivered a negative return of 21.61%, highlighting the challenges and valuation adjustments faced since its market debut, while a one-year return of 10.59% indicates recent positive traction. 

Delhivery Investor Relevance and Role in Portfolio 

Delhivery is a strategic holding in logistics-sector and small-cap portfolios, offering exposure to e-commerce growth, supply chain modernization, and asset-light network expansion. Its inclusion in indices like Nifty Smallcap 100 and Nifty 500 underscores its economic and strategic importance in a critical infrastructure sector. A path to consistent profitability, scalable asset-light operations, and market leadership in e-commerce logistics make it a relevant choice for growth-oriented allocations. 

Delhivery equity is held by a broad mix of leading domestic and international institutional investors, reflecting its prominence in India’s new-age logistics sector. Top institutional stakeholders include SVF Doorbell (Cayman) Ltd, Mirae Asset Global Investments Co., Ltd., SBI Funds Management Limited, HDFC Asset Management Company Limited, Nexus Venture Partners, Nexus India Capital III, FedEx Corporation, Nippon Life India Asset Management Limited, Invesco Asset Management (India) Pvt. Ltd., and Capital Research and Management Company. This broad investor base underscores the company’s role as a key player in both domestic and global portfolios focused on India’s digital and consumption economy. 

Beyond fundamentals and ownership, Delhivery’s stock is actively monitored in derivatives markets, where open interest and rollover patterns reflect expectations on volume growth, margin expansion, and competitive positioning. Technical indicators such as Delhivery RSI, MACD, and MFI provide additional insight into short-term momentum shifts in Delhivery stock price. While primarily used for near-term trading, these tools can also help gauge market sentiment and potential volatility around major events like quarterly earnings. 

Delhivery’s beta indicates its volatility relative to the market. Historical beta figures show that Delhivery’s beta has typically been above 1.0, indicating higher volatility compared to the broader market. For instance, the beta measured 1.33 on a three-month daily range, 1.08 on a one-year weekly range, and 1.76 on a two-year monthly range. This trend highlights the stock’s sensitivity to market sentiment, sector news, and company-specific developments, which is characteristic of growth stocks in a dynamic sector like logistics. 

Delhivery Sectoral Relevance and Peer Positioning 

Delhivery’s sector relevance stems from its scale in express parcel and freight, asset-light network adoption, technology integration, and its pivotal role in e-commerce enablement, establishing it as a key player supporting India’s logistics ecosystem. Peer comparisons with other logistics and supply chain companies focus on network depth, market share in key segments, revenue growth, and progress towards profitability rather than short-term stock moves. These benchmarks help investors assess operational scale, efficiency, and competitive positioning. Institutional tracking of shipment volumes, pricing trends, market share, and cash flow further highlights Delhivery’s systemic importance in India’s broader consumption and digital markets. 

Delhivery’s market cap underscores its prominence within India’s logistics markets. Its small-cap to mid-cap status makes it a notable publicly traded company in the sector. The market capitalization was ₹241.21 billion at the end of 2022. It increased by 18.85% to ₹286.68 billion in 2023, then decreased by 8.7% to ₹261.74 billion in 2024. In 2025, it grew by 16.32% to ₹304.45 billion, before a decrease of 5.91% to ₹286.44 billion as of January 2026. This sizeable valuation attracts institutional interest and index-linked investment flows, reinforcing its importance within the logistics segment. 

Delhivery’s earnings trajectory demonstrates its financial evolution towards profitability. Statutory financial disclosures show significant losses in the early years, with earnings at negative ₹12.02 billion in 2021 and negative ₹9.26 billion in 2022. The loss narrowed to negative ₹3.47 billion in 2023, marking a 62.59% improvement. A pivotal shift occurred in 2024, with earnings turning positive at ₹0.14 billion. This positive trend accelerated, with trailing twelve-month (TTM) earnings reaching ₹1.93 billion in 2025, reflecting a 1218.4% increase and underscoring the company’s scaling operations and improving cost structure. 

Delhivery’s EPS highlights its operational performance and per-share income generation. The EPS was negative ₹32.46 in 2019, which improved to negative ₹4.51 in 2020. It declined again to negative ₹7.18 in 2021 and further to negative ₹16.83 in 2022. A significant recovery began in 2023, with EPS improving to negative ₹15.71. In 2024, EPS improved markedly to negative ₹3.73, and in a major turnaround, the TTM EPS turned positive at ₹2.44 in 2025. These trends correspond closely to revenue expansion, cost management, and the journey towards sustainable profitability. 

Delhivery’s P/E ratio demonstrates how the market values the company’s earnings relative to its growth prospects and path to profitability. As the company reported losses, its P/E ratio was negative. It stood at negative 23.2 at the end of 2023. The ratio was negative 132 at the end of 2024. With the transition to profitability, the P/E ratio turned positive. As of January 2026, the TTM P/E ratio is 146. This high ratio reflects market valuation of its future earnings potential, growth expectations in the logistics sector, and its established competitive position, rather than current earnings alone. 

Summary 

Delhivery Limited is a major integrated logistics service provider in India, listed on the NSE and BSE. The Delhivery share price is influenced by sector dynamics, financial performance, and market sentiment. Its stock performance since listing shows periods of volatility and recovery, reflecting its growth phase. The company holds a relevant position in logistics-focused portfolios, supported by a diverse institutional investor base. Key financial metrics like market cap, earnings, EPS, and P/E ratio illustrate its evolving financial profile and market valuation within the competitive logistics sector.