Delhivery Limited has announced strong financial results for the quarter and financial year ended March 31, 2026. The logistics provider achieved a revenue of ₹10,486 crore for FY26, a significant increase from the previous year. The company reported a substantial EBITDA of ₹764 crore, reflecting a margin of 7.3%. Delhivery’s core Transport business, comprising Express and PTL services, reached a robust 16.0% ROIC, underscoring its improved operational efficiency and market leadership.
Financial Performance Overview
Delhivery has demonstrated consistent financial growth throughout FY26, with total revenue rising to ₹10,486 crore compared to ₹8,932 crore in FY25. The company’s EBITDA reached ₹764 crore, marking a significant improvement over the ₹376 crore reported in the previous fiscal year. In Q4FY26, the company maintained this momentum with a quarterly revenue of ₹2,848 crore and an EBITDA of ₹231 crore.
Transport Sector Leadership
The company’s core Transport segment, which includes Express and PTL services, continues to be a primary growth engine. Express Parcel shipments surged by 40.2% YoY, crossing the 1 billion shipment milestone in FY26. Furthermore, the PTL freight volume grew by 17.4% YoY to reach 2 million MT. These operational achievements contributed to a 16.0% ROIC for the Transport business, supported by an expansion in Transport Service EBITDA to 15.6%.
Expansion in Supply Chain Services and Innovation
Delhivery’s Supply Chain Services (SCS) segment hit an inflection point in FY26, generating a Service EBITDA of ₹79 crore, which is 4x the performance of FY25. The company currently holds a ₹1,800 crore annual business potential pipeline. Looking ahead, Delhivery is leveraging its cash flows from core operations to scale new long-term capabilities, including Delhivery Local, Cross Border, and Financial Services.
Technology and Infrastructure Advancements
Innovation remains at the core of the company’s strategy. Delhivery has successfully deployed AI-based prediction systems across its network to optimize operations from pre-sales to claims management. The company is also scaling its physical infrastructure, now operating with 22.9 million sqft of total infrastructure. Dedicated efforts in robotics R&D, including autonomous vehicles and drone delivery tests, continue to drive the company’s objective of enhancing network speed, precision, and cost structures.
Source: BSE
