Delhivery Limited — PPTs, 31-01-2026: Investor Presentation

Delhivery reported a robust Q3FY26. Revenue from services grew 17.6% YoY to ₹2,798 Cr, driven by a record festive season and strong client gains in Express Parcel, which saw shipments surge 42.9% YoY to 295 Mn. PTL freight tonnage crossed 500K MT, growing 22.9% YoY.

The company is strategically expanding services and leveraging technology. It launched Delhivery Direct (intra-city) in Mumbai & Hyderabad, and Delhivery International for SME exports. Tech initiatives include scaling TransportOne SaaS with 12 new clients and introducing Freight Index One for transparent FTL pricing.

Key wins in Supply Chain Services include contracts with a large engineering firm and a luxury brand. A notable development was the successful 12 km autonomous VTOL drone test for medical delivery in 12 minutes, showcasing future innovation.

Revenue: ₹2,798 Cr (+17.6% YoY). Service EBITDA: ₹421 Cr (15.1% margin), crossing ₹1,000 Cr for FY26. Adjusted EBITDA: ₹147 Cr (5.3% margin), highest ever. PAT: ₹110 Cr (3.8% margin, before specific costs).

Management highlighted achieving ₹1,000 Cr service EBITDA for the first time in a financial year. The Q3 Adjusted EBITDA reaching its historical peak and matching the *entire* previous financial year signals strong operational leverage and a positive growth trajectory.