Delhivery's Barua dismisses Amazon 3PL push as 'old wrapper', sees no XpressBees edge
CEO Sahil Barua argues captive networks deprioritise third-party shipments and run costlier, dismissing Amazon's India 3PL expansion as repackaged. Delhivery posted Q4 FY26 revenue of Rs 2,850 cr (+30% YoY) and Rs 72 cr profit; shares fell 4% to Rs 456, valuing it at Rs 34,175 cr (~$3.7B).
Delhivery CEO Sahil Barua dismissed Amazon's India 3PL expansion as repackaged old product, arguing captive networks deprioritise third-party shipments and cost more. He sees no structural edge for XpressBees. Q4 FY26 revenue grew 30% to Rs 2,850 crore.
Why this matters
Barua's commentary follows a string of post-Q4 sell-offs where flat profit and margin concerns overshadowed 30% revenue growth, with brokerages split on the path ahead.
Leadership commentary steady with 57 signals in last 90 days.
Also reported by
- Entrackr — Same time