Delhivery Limited (NSE: DELHIVERY) announced its Q2FY27 results today, marking a significant milestone with a quarterly revenue crossing ₹3,000 Cr for the first time. The company’s EBITDA tripled year-on-year to ₹205 Cr, reflecting a robust performance despite a backdrop of inflationary costs.

Revenue and Volume Growth

The company reported an express parcel volume of 325 million shipments, marking a 32% year-on-year growth. Revenue from services reached ₹3,066 Cr, up 20% YoY. Part Truck Load (PTL) recorded 545K MT, with a 14% YoY growth and revenue growth of 23% YoY.

Profitability and Technology Investments

Delhivery’s consolidated PAT for the quarter stood at ₹41 Cr, with a 1.3% margin. The company continues to invest in technology to enhance productivity and customer experience. Early investments in AI are yielding benefits, including improved sales productivity and faster resolution of claims.

Looking Ahead

Despite a volatile macro environment, Delhivery’s network service levels are at an all-time high heading into the festive season. The company remains optimistic about the second half of FY27. Delhivery will host its earnings call to discuss these results at 6:00 PM IST on Friday, October 30th, 2026.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Delhivery Limited

Delhivery Limited belongs to the Industrials › Integrated Freight & Logistics sector. Here’s a quick read on where the business and the stock stand today.

Delhivery falls 17.2% over three months and has not found a floor yet. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock sits at 22% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 13.2% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Delhivery Limited.

Delhivery Limited (NSE: DELHIVERY) today announced the elevation of Vani Venkatesh to the role of Deputy CEO, effective immediately. This move underscores the company’s commitment to developing internal leadership and reflects Venkatesh’s growing responsibilities and impact at Delhivery.

New Responsibilities

Ms. Venkatesh joined Delhivery in February 2025 as Chief Business Officer and Key Managerial Personnel (KMP), taking charge of revenue functions. In her new role, she will lead Revenue functions, Marketing, and Customer Experience, working closely with Delhivery’s Operations teams.

Leadership Changes

This elevation is part of a series of organizational changes aimed at strengthening the executive leadership team. Earlier this year, Varun Bakshi, Vikas Kapoor, Arun Bagavathi, Prashant Gazipur, Nikhil Ummat, and Sunny Raja were appointed as Chief Sales Officer, Chief Strategy Officer, and Chief Operating Officers respectively.

Transition of Responsibilities

As part of these changes, Ajith Pai, Chief Operating Officer and KMP, will be moving on effective close of business hours on September 15, 2026, to explore new opportunities. His responsibilities have been transitioned to the new executive operations leadership.

“Ajith is a founding member of Delhivery and has made invaluable contributions to the company since the very beginning, as CFO and then as COO. We wish him all the best for his new endeavors in the future. Vani’s elevation reflects her increasing responsibilities and impact at Delhivery and is a part of our commitment to training executive leadership within the company to perform multiple new roles,” said Sahil Barua, Managing Director and Chief Executive Officer of Delhivery.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Delhivery Limited

Delhivery Limited belongs to the Industrials › Integrated Freight & Logistics sector. Here’s a quick read on where the business and the stock stand today.

Delhivery holds in the upper half of its 52-week range, a sign the market backs the stock. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock holds at 66% of its 52-week range with RSI at 48. In other words, neither side has a clear edge right now. The stock rises -1.2% in three months on 13.3% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Delhivery Limited.

Delhivery Limited (NSE: DELHIVERY) announced its Q1FY27 results today, showcasing a robust performance with revenue up 28% year-on-year (YoY) to ₹2,931 crore. The company’s express parcel volume surged to 322 million shipments, marking a 55% YoY growth. Notably, Part Truck Load (PTL) recorded 542K MT for the quarter, a 18% YoY increase. The company’s EBITDA for Q1FY27 stood at Rs.156 crore with a 5.3% margin.

New Initiatives

Delhivery has rolled out several innovative initiatives to enhance its service offerings. The introduction of SmartNDR, an AI-powered value-added service, aims to reduce return-to-origin (RTO) rates and improve delivery outcomes. Additionally, the company commissioned an Automated Storage and Retrieval System (ASRS) at client warehouses to automate operations and enhance storage density and throughput.

Delhivery Maps

Delhivery Maps, India’s first AI-native mapping suite powered by commercial logistics telemetry, is now available as a standalone location intelligence platform for enterprises and developers. The establishment of Vishram, India’s largest nationwide network of 1,000+ rest stops for delivery personnel, further strengthens the company’s commitment to its logistics ecosystem.

Frontline Workers Welfare

Introducing Abhayam, a comprehensive welfare programme for frontline workers, provides insurance protection, income support, scholarships for children, and other financial assistance. These initiatives underscore Delhivery’s dedication to operational excellence and community support.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Delhivery Limited

Delhivery Limited belongs to the Industrials › Integrated Freight & Logistics sector. Here’s a quick read on where the business and the stock stand today.

Delhivery holds in the upper half of its 52-week range, a sign the market backs the stock. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock holds at 66% of its 52-week range with RSI at 48. In other words, neither side has a clear edge right now. The stock rises -1.2% in three months on 13.3% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Delhivery Limited.