NSE: DELHIVERY | BSE: 543529

Mid-range Performer

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422.85 9.45 (2.29%)

77.30% Gain from 52W Low

2.2M NSE+BSE Volume

NSE 20 Mar, 2026 3:31 PM (IST)

31,654.9

Market Cap

Market Runner Up

Beta 1Year

Very Low volatility

Delhivery Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for DELHIVERY, BSE:543529 Delhivery Ltd.

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Delhivery Ltd.

07 Mar 2026

422.85

2.29%

Industry consolidation to support B2C volume trajectory

Buy: Delhivery Ltd.

Target

Emkay

We reiterate BUY on Delhivery with TP of Rs500. We expect 19% volume CAGR (16% organically) over FY25-28E in the B2C express segment on the back of favorable industry structure bolstered by the consolidation of Ecom Express fortifying Delhivery’s market leadership, as customers (majorly D2C) are likely to stream toward tech-supported pan-India pincode coverage and cost-efficient quality 3PL operators.

Delhivery Ltd. is trading below its 30 day SMA of 424.8

Delhivery Ltd.

05 Mar 2026

422.85

2.29%

Well-positioned to capture the volume shift amid sector consolidation

Buy: Delhivery Ltd.

Motilal Oswal

In the Express logistics segment, management expects industry consolidation to continue, with cash-burning players likely to exit or rationalize operations, leading to volume redistribution toward stronger, well-capitalized operators.

Delhivery has gained 60.40% in the last 1 Year

Delhivery Ltd.

31 Jan 2026

422.85

2.29%

Strong beat on all fronts; margins set to improve further

Buy: Delhivery Ltd.

Target

Motilal Oswal

Delhivery posted revenue growth of 18% YoY to INR28b in 3QFY26 (in line). Reported EBITDA doubled YoY to ~INR2.1b (est. INR1.6b). EBITDA margins stood at 7.4% (+310bp YoY and +470bp QoQ) against our estimate of 5.8%.

Delhivery Ltd. has an average target of 527.60 from 5 brokers.

Delhivery Ltd.

28 Jan 2026

422.85

2.29%

Structurally best placed in e-commerce logistics consolidation

Buy: Delhivery Ltd.

Motilal Oswal

India’s e-commerce logistics landscape is divided between captive in-house platforms and independent 3PL players, with materially different economic outcomes.

Emkay decreased Buy price target of Delhivery Ltd. to 500.0 on 07 Mar, 2026.

Delhivery Ltd.

26 Dec 2025

422.85

2.29%

DELHIVERY LIMITED

Buy: Delhivery Ltd.

Recommendation Target

Geojit BNP Paribas

*over or under performance to benchmark index Delhivery Limited is India's largest fully integrated logistics provider. With a robust network spanning 18,700+ pin codes, 45 automated sort centres, and 73,000+ team...

Emkay decreased Buy price target of Delhivery Ltd. to 500.0 on 07 Mar, 2026.

Delhivery Ltd.

06 Nov 2025

422.85

2.29%

Q2FY26 on expected lines; growth and margin levers intact

Buy: Delhivery Ltd.

Target

Emkay

Delhivery’s Q2FY26 results (excluding Ecom) were in line with our revenue/EBITDA estimates. With network investments in core transportation businesses (for the festive season) behind us, seasonality would aid peak profitability in H2FY26, coupled with the lower-than-anticipated integration cost (~Rs2bn vs Rs3bn earlier) boosting PAT in FY26, in our view.

Delhivery has gained 60.40% in the last 1 Year

Delhivery Ltd.

06 Nov 2025

422.85

2.29%

Revenue growth beats elevated expectations; operational margin miss of 100bps

Buy: Delhivery Ltd.

ICICI Securities Limited

Express parcel volumes grew 33% YoY, with 24% YoY revenue growth. Express parcel’s yield declined 3% QoQ due to inferior mix. PTL tonnage grew 12% YoY despite a 3% YoY price increase, which shows Delhivery’s pricing power.

Delhivery has gained 60.40% in the last 1 Year

Delhivery Ltd.

06 Nov 2025

422.85

2.29%

Delhivery (DELHIVER IN) Q2FY26 Result Update B2C and...

Accumulate: Delhivery Ltd.

Target

Prabhudas Lilladhar

Delhivery Ltd. is trading above its 100 day SMA of 420.9

Delhivery Ltd.

05 Nov 2025

422.85

2.29%

One-time integration costs hit 2Q performance; outlook remains bright

Buy: Delhivery Ltd.

Target

Motilal Oswal

Delhivery posted a 17% YoY rise in revenue to INR25.6b in 2QFY26 (in line). During the quarter, the company recognized INR900m of costs related to ecom express integration. The acquisition was formally completed in Jul’25.

Delhivery Ltd. is trading above its 100 day SMA of 420.9

Delhivery Ltd.

08 Oct 2025

422.85

2.29%

Strong start to the festive season!

Buy: Delhivery Ltd.

Target

Motilal Oswal

According to the RBI, total electronic payments surged to INR11.3t on 22nd Sep’25, nearly ten times higher than the INR1.18t recorded the previous day.

Delhivery Ltd. is trading below its 30 day SMA of 424.8

VOTE: Is Delhivery Ltd. worth buying?

200 Votes:

Buy 79.5%

Sell 12.5%

Hold 8.0%

RESEARCH REPORTS

Buy SEE REPORTS >

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Buy SEE REPORTS >

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