Delhivery Q4 Beats On Consumption Demand; Motilal Oswal Reiterates Buy With Rs 580 Target
Delhivery posted a strong Q4 FY26 print, powered by consumption-led volume growth, Ecom Express integration synergies, and market share gains. Motilal Oswal stays bullish, modeling 13% revenue and 33% Ebitda CAGR over FY26-28 and a revised target price of Rs 580.
Delhivery posted strong Q4 FY26 results, aided by consumption-led demand, Ecom Express integration, and market share gains. Motilal Oswal reiterates Buy with Rs 580 target, expecting 13%/33% revenue/Ebitda CAGR over FY26-28.
Why this matters
Reinforces a strong topline quarter for Delhivery, with revenue up 26-30% YoY to ~Rs 2,850-2,909 cr, even as Q4 profit slipped on margin squeeze and rising costs.
Retail-company signals steady at 487 over the last 90 days.