DELHIVERYBSEDelhivery LtdHighNeutral
Announced Sat, 16 May · 16:53 IST

Audited Financial Results for the quarter and financial year ended March 31, 2026

Pat NegativeEbitda Margin CompressionExceptional ItemResults RestatedResults View source PDF

DELHIVERY · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹476.20
prior close
₹472.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.5-3.9-4.4-4.4-3.5-4.0-5.0-5.9-4.2-3.6-7.8-3.9+2.3
Up moveDown movePending
AI summary

Delhivery Ltd reported consolidated revenue of Rs 28,500 million for Q4 FY26, up 30% YoY from Rs 21,916 million. For the full year FY26, revenue stood at Rs 105,083 million, up 17.6% from Rs 89,319 million in FY25. However, full-year profit after tax (PAT) declined to Rs 1,525 million from Rs 1,621 million in the prior year — a drop of approximately 5.9%. The decline is attributed to higher freight costs (Rs 74,659 million, up 14% YoY), increased employee expenses (Rs 16,046 million, up 17% YoY), and exceptional items including Rs 258.56 million (labour code impact of Rs 208.56 million and fair value loss of Rs 50 million). Deloitte Haskins & Sells issued an unmodified (clean) audit opinion on both standalone and consolidated results. The company completed the Ecom Express acquisition in July 2025 (goodwill of Rs 10,417 million) and the Spoton Logistics merger became effective in May 2026, with comparative figures restated.

Likely market impact

Revenue growth reflects volume expansion, but the PAT decline signals margin pressure from rising operational costs, which could concern near-term investors. The clean audit opinion and strong operating cash flow of Rs 9,115 million provide some comfort on financial health despite the earnings softness.