Delhivery can sustain strong 18-20% revenue CAGR for a long period of time. Over the medium term, the brokerage firm sees adjusted EBIT margins of ~5-6%, with an asset turn of 3-4x.
Market’s next big cue may come from earnings and rural revival: Shiv Puri
Shiv Puri from TVF Capital Advisors suggests a positive outlook for consumption due to changing unsecured personal lending. He highlights opportunities in underpenetrated sectors like