Delhivery Q4: Profit flat, revenue jumps 30% as parcel volumes surge 72%
Delhivery posted Q4FY26 PAT of ₹72.4 cr (-0.2% YoY) on revenue of ₹2,850 cr (+30%). EBITDA leapt 80% to ₹214.2 cr at 7.5% margin. Parcel volumes hit 306M (+72%). FY26 turned FCF positive at ₹89 cr with ₹4,555 cr cash. Expanded intra-city to Jaipur; partnered NVIDIA on India mapping.
What happened
Delhivery Q4FY26 net profit flat at ₹72.4 cr; revenue up 30% to ₹2,850 cr, EBITDA up 80%. FY26 turned FCF positive. Expanded intra-city logistics to Jaipur,
Key facts
- Q4 PAT ₹72.4 cr (-0.2% YoY)
- Q4 revenue ₹2,850 cr (+30%)
- Q4 EBITDA ₹214.2 cr (+80%)
- EBITDA margin 7.5%
- FY26 revenue ₹10,486 cr
- FY26 EBITDA ₹764 cr
- FY26 PAT ₹153 cr
- FCF ₹89 cr
- Cash ₹4,555 cr
- Q4 parcel volumes 306M (+72%)
Why this matters
NVIDIA mapping partnership and intra-city push position Delhivery as an infrastructure play beyond pure logistics—monitor for tuck-in M&A in mapping/AI-adjacent assets.