Delhivery delivers spot-on!

Delhivery is a loud buzzing stock today on the bourses and this is driven purely by its earnings for Q1FY26.

The company did well, posting a 18% (YoY) rise in consolidated revenue from operations at Rs.2346 crore. Its EBITDA rose a 311% to Rs.148 crore while margins jumped up from 1.8% to 6.3%. The company turned around with a Net Profit of Rs.32 crore v/s loss of Rs.89 crore.

Operational Metrics

• Express Parcel Volumes: 190 million shipments (+22% YoY)
• PTL (Partial Truckload) Volumes: Grew 17% YoY, supported by network densification
• Serviceable PIN codes: Expanded to 19,200+ across India
• Average Revenue Per User (ARPU): Increased across SME and D2C segments

Key Business Drivers

• Robust demand from e-commerce and D2C brands
• Improved network utilization and cost efficiencies through automation
• Growth in high-margin PTL and warehousing services
• Continued investments in AI-led logistics optimization and tech stack enhancement

The stock price has reacted positively; from its close of Rs.429.85, it opened today at Rs.443.90 and rose to a new 52-week high at Rs.455.50.