Delhivery Limited

Delhivery Limited announced the allotment of 1,12,304 equity shares following the exercise of vested options under its Employee Stock Option Plans, specifically 90,815 shares under Delhivery Employee Stock Option Plan, 2012 (“ESOP 2012”) and 21,489 shares under Delhivery Employee Stock Option Plan IV, 2021 (“ESOP IV 2021”), the company said in a filing with the BSE Limited and National Stock Exchange of India on Tuesday, August 11, 2026. The allotment increased the company’s paid-up share capital from Rs 74,90,54,626 to Rs 74,91,66,930, and resulted in Rs 2,27,415.5 realized from the exercise of options.

Delhivery Ltd share price ticked higher by 0.26% to Rs 471.1 after the company's net profit tumbled by 55.93% to Rs 31.91 crore, while revenue from operations improved marginally 2.83% to Rs 2930.73 crore in Q2FY26 over Q1FY26. The market capitalization of Logistics Solution Provider industry group stocks on BSE stood at Rs 1.42 lakh crore, rising 7.39%. It has slipped by 1.51% over last one week and crept higher by 1.99% in last one month while the market capitalization of Delhivery Ltd has softened by 2.35% and 1.59% in the same period respectively. Profit before tax (PBT) of Delhivery Ltd stood at Rs 30.25 crore in Q2 FY26, plunging by 66.27% year-on-year, and crashing by 55.05% quarter-on-quarter. EBITDA came in at Rs 28 crore, rallying 48.18% YoY and tanking 81.88% sequentially. Total expenses posted a minor rise of 5.63% to Rs 2977.81 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 428.96 crore, ticking higher by 2.96% YoY. For the TTM ended FY26, revenue from operations tick up 9.71% to Rs 8931.9 crore, while net profit witnessed a sharp fall of 165.05% to Rs 162.11 crore, compared to previous TTM. EBITDA tanked by 51370% to Rs 64.29 crore, and PBT collapsed by 164.28% to Rs 157.13 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 567.36 crore in FY26, as against Rs 472.4 crore in FY25. Delhivery Ltd gained 1.12% in last one year, outperforming the benchmark BSE Sensex which has slipped by 2.63% during the same period.

Delhivery Limited announced that Ajith Pai Mangalore has resigned as Chief Operating Officer and Key Managerial Personnel, effective September 15, 2026, to pursue other entrepreneurial interests. The company expressed appreciation for Mangalore's contributions and noted he will support the transition of his responsibilities, remaining a continuing shareholder and offering future advisory support.

Delhivery Limited announced the appointment of Ms. Vani Venkatesh as Deputy Chief Executive Officer, effective August 8, 2026, while she will continue to serve as a Key Managerial Personnel. Ms. Venkatesh, who joined the company in February 2025 as Chief Business Officer, will now lead revenue functions, marketing, and customer experience, and work closely with operations teams.

Delhivery Limited announced that it received an order from the Directorate of Commercial Taxes, West Bengal (Appellate Authority) on August 6, 2026, revising a previous tax demand related to input tax credit disallowance for the financial year 2020-21. The appellate authority reduced the original tax liability from Rs 5,35,73,244 to Rs 1,50,83,496 and the penalty from Rs 53,57,324 to Rs 15,08,350; the company intends to pursue further litigation at a higher forum, and states that the matter will have no material impact on its financials, operations, or other activities.

Delhivery Limited will hold a board meeting on August 8, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and the trading window for securities of the company will remain closed for designated persons and their immediate relatives until August 10, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited.

The revised target price implies a potential upside of about 19% from the current market price. The brokerage expects express parcel volumes to remain robust and said there has been no material change in e-commerce platform Meesho's plans to expand in-house logistics operations. This eases concerns over potential business loss for third-party logistics providers. The broker also expects the company's part-truckload (PTL) business to sustain its growth momentum, while the supply chain services (SCS) segment is likely to accelerate, although it expects some near-term margin pressure. Delhivery is India's largest fully-integrated logistics services provider. With its nationwide network covering over 18,850 pin codes, the company provides a wide range of logistics services such as express parcel transportation, PTL freight, TL (Truckload) freight, cross-border, supply chain, and technology services. The logistics company reported a marginal 0.22% year-on-year decline in consolidated net profit to Rs 72.39 crore in Q4 FY26 from Rs 72.55 crore a year earlier. Revenue from operations rose 30.04% YoY to Rs 2,849.99 crore. Powered by Capital Market - Live

Delhivery and Bajaj Auto announced an agreement to deploy 200 Bajaj RIKI eCarts, across its last-mile delivery network, extending electrification to Tier-2 and Tier-3 cities. This deployment is the first phase of the partnership, with phase 2 planned for 2026 - 2027, totaling approximately 1500 Bajaj electric three-wheelers ''(L3 & L5). The official flag-off took place today at Bajaj Auto, in Akurdi, Pune. The collaboration represents a significant step forward in the modernization of urban logistics, combining Bajaj Autoʼs proven expertise in electric mobility; with Delhiveryʼs tech-led operational scale. Designed for demanding last-mile operations, the Bajaj RIKI eCart delivers the reliability, durability and up time that fleet operators require to keep businesses moving. Equipped with an efficient Electric Powertrain, a 2 speed automatic transmission and low maintenance costs, the Bajaj Riki C4005 (eCart) significantly reduces operating costs per kilometer while providing excellent load-ability. When combined with Delhiveryʼs automated route optimization, delivery partners can complete more drop-offs per trip. This operational efficiency translates directly into a sustainable, reliable increase in daily take-home earnings for last-mile delivery partners.

Delhivery has allotted 1,30,625 equity shares under ESOP on 09 June 2026. Consequent to the above allotment, the paid-up share capital of the Company stands increased from Rs. 74,87,17,499/- to Rs. 74,88,48,124/-.

Revenue from operations increased 30.04% year on year to Rs 2,849.99 crore in Q4 FY26. During the quarter, profit before tax stood at Rs 67.28 crore, down 6.19% as compared to Rs 71.72 crore in the same quarter last year. EBITDA stood at Rs 231 crore in Q4 FY26, up 94.11% compared with Rs 119 crore in Q4 FY25. EBITDA margin jumped to 8.1% in Q4 FY26 as against 5.4% in Q4 FY25. Express parcel volumes stood at 306 million shipments in Q4 FY26, up 72% year-on-year, while Part Truck Load (PTL) volumes came in at 549K MT, rising 20% YoY. Revenue from services rose 30% YoY to Rs 2,848 crore during the quarter. The company said it introduced an AI agent-powered autonomous transport management system to automate freight procurement, shipment planning, execution and invoice reconciliation. It also expanded its international footprint by strengthening Delhivery International, launching economy air-parcel services to the UK, Canada and Australia during the quarter. On the technology front, it launched Delhivery One SmartAssist, an AI-driven agent designed to automate Level 1 customer support, integrated into the Delhivery One platform. Separately, Delhivery expanded its intra-city logistics offering, Delhivery Local, to Jaipur, taking its presence to six cities. The company also announced a partnership with NVIDIA to develop an India-focused AI-native digital mapping platform. In a separate filing, Delhivery said it will incorporate a wholly owned subsidiary, Delhivery Fintech Distribution (or such other name as may be approved by authorities), in India. The proposed entity will operate in the financial services and allied services space as a distribution-focused arm supporting the company's logistics ecosystem. The subsidiary will function as a financial layer within Delhivery's network, leveraging its logistics reach and partner ecosystem to enhance liquidity access, mitigate risk and improve operational efficiency across the value chain. It will also house the insurance corporate agent business and facilitate distribution of payment solutions such as FASTags and fuel cards, along with telematics devices for truckers, last-mile delivery agents and MSMEs. Delhivery will hold 100% shareholding in the proposed wholly owned subsidiary, with an investment of ₹1 crore via cash subscription. Delhivery is India's largest fully-integrated logistics services provider. With its nationwide network covering over 18,850 pin codes, the company provides a wide range of logistics services such as express parcel transportation, PTL freight, TL freight, cross-border, supply chain, and technology services. Powered by Capital Market - Live