Delhivery Limited — Investor Meet, 22-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Delhivery reported strong Q4 & FY26 financial results. FY26 revenue reached 10,486 Cr, with PAT at 347 Cr. Critically, the company achieved free cash flow positive status at 89 Cr, a year ahead of schedule. Express parcel volumes surpassed 1 billion for FY26, and PTL freight hit 2 million metric tons. Both segments showed robust growth and margin expansion, with Supply Chain Solutions decisively pivoting to profitability. Management expressed confidence in maintaining market leadership, supported by a healthy balance sheet with over 4,500 Cr cash and ongoing tech investments. CapEx intensity and net working capital days saw significant improvements.