In the fiercely competitive logistics space, Delhivery stock is showing signs of becoming the next multibagger stock. Benefiting from improved profitability, operational excellence, and delhivery ecom express acquisition, the company is positioning itself for explosive growth in logistics sector—much like Jio reshaped India’s telecom landscape.
1. Powerful Profit Turnaround BY DELHIVERY STOCK
- Delhivery Stock delivered a landmark full-year net profit of ₹162 crore in FY 25 to became best logistics stocks in india, reversing a massive ₹249 crore loss in FY 24
- A strong fourth consecutive profitable quarter (Q4 FY25) saw revenue rise by 6% YoY to ₹2,192 crore, EBITDA surge 159% YoY to ₹119 crore, and EBITDA margin climb from 2.2% to 5.4%. which makes it the best long term investment stock in india
2. Bullish Q1 FY26 Performance BY DELHIVERY STOCK
- In delhivery q1 fy26 results, Delhivery reported a 68.5% YoY jump in net profit to ₹91 crore, revenue of ₹2,294 crore (+6% YoY), and EBITDA up 53% to ₹149 crore. EBITDA margin improved from 4.5% to 6.5% .
- The stock rallied to a 52-week high of ₹451–₹452, prompting brokerage upgrades and raised target price making it fastest growing stock of 2025
3. Acquisition of Ecom Express: A Game-Changer
- The CCI cleared Delhivery’s acquisition of Ecom Express in June 2025, paving the path for consolidation and synergy in India’s logistics sector
- Early signs suggest growing customer traction and network efficiency from the acquisition, especiall
5. Broking Houses Increasingly Bullish On DELHIVERY STOCK
- Motilal Oswal raised its target price to ₹500 on strong Q1 results and integration plans, citing scalable growth and margin guidance of 16–18%
- Kotak echoed the bullish stance with a ₹500 target, highlighting strong operational execution amid external pressures .
- Jefferies remains cautious, retaining an underperform rating and ₹350 target, citing timing issues with Ecom Express volume integration
6. Risks & Challenges
- Overdependence on large e-commerce clients is a vulnerability; Meesho’s decision to insource logistics—projected to hit 90% by FY27—poses a risk to Delhivery’s 3PL volumes (60% of its sales), potentially cutting marketplace share in half by FY28
- Customer service continues to be a concern, with multiple anecdotal complaints of poor delivery experience, delay, and zero accountability from users across regions
7. Why the Multibagger Potential Is Real
- Profitability Sustained: Consistent Q4 and Q1 profits signal structural improvement.
- Acquisition Synergies: Ecom integration expected to enhance volumes and margins akin to scale-up in telecom consolidation.
- Analyst Optimism: Brokerages are updating price targets based on visibility and growth optimism.
- E-commerce & B2B Logistics Tailwinds: India’s growing internet economy drives demand for logistics
8. Conclusion
Delhivery has turned the corner—from recurring losses to sustained profits, margin expansion, and strategic consolidation with Ecom Express. With growing analyst confidence and sector tailwinds, the company is shaping up to be a strong contender for multibagger status. Still, investors should monitor integration execution, big-client reliance, and competition