Delhivery Limited has informed the Exchange about Letter to Shareholders on financial results for the quarter and financial year ended March 31, 2026

Delhivery delivered a strong FY26 with revenue of Rs.10,486 Cr (+17% YoY) and turned free cashflow positive at Rs.89 Cr, ahead of its original forecast by 3-4 quarters. Q4FY26 revenue stood at Rs.2,848 Cr (+30% YoY) with reported EBITDA of Rs.231 Cr (8.1% margin) and consolidated PAT of Rs.72 Cr. The company crossed a major milestone of delivering over 1 billion e-commerce parcels in FY26. Express Service EBITDA margin improved to 18.8% (vs 15.9% in Q4FY25) and PTL margins expanded to 13.4% (vs 10.8% in Q4FY25), with combined Transport margins at 17.5%. Management guided to 10%+ Adjusted EBITDA margin expansion over the next 8-10 quarters and expects 15-20% annual Express volume growth and 20%+ PTL volume growth. New businesses (Local, International, Financial Services) cumulatively invested Rs.76 Cr in FY26 with Rs.130-160 Cr planned for FY27.