DTDC targets near-doubling of revenue by FY30, expanding fulfilment and Raftaar network

DTDC said FY26 revenue rose 7.4% to ₹2,655 crore from ₹2,472 crore in FY25. The logistics company is investing in automation, cross-border operations and e-commerce fulfilment, including a planned network of 75 Raftaar dark stores.

— Source publishedSun, 27 Sept, 2026, 20:45 IST·First seen Sun, 27 Sept, 2026, 20:54 IST·Source The Hindu BusinessLine

What happened

DTDC reported FY26 revenue of ₹2,655 crore, up 7.4 per cent from ₹2,472 crore in FY25, and aims to nearly double revenue by FY30. It is expanding automation,

Key facts

  • 7.4 per cent
  • FY26
  • ₹2,655 crore
  • ₹2,472 crore
  • FY25
  • FY30
  • ₹100-150 crore
  • 36-year
  • 30-35 percent
  • 16,500
  • 96 per cent
  • 1.5-lakh-square-foot
  • 2,500 tonne a day
  • 21 per cent
  • 13-14 per cent
  • two to three years
  • 75
  • two-hour
  • four-hour
  • 40,000
  • 9,000
  • 2,200
  • 150,000
  • 190 million
  • three to five years

Why this matters

DTDC’s investment in fulfilment, cross-border logistics and the Raftaar network makes it a more strategic partner or target for e-commerce, retail and last-mile delivery players seeking India-wide delivery capacity.

What to watch

  • Pace of Raftaar dark-store launches versus the stated 75-store plan and disclosed utilisation levels.
  • Growth in e-commerce fulfilment and cross-border revenue relative to core parcel revenue.
  • Revenue growth accelerating materially above FY26's 7.4% rate.
  • Operating margin, capex intensity and automation-related productivity metrics.
  • Large D2C, marketplace, quick-commerce or enterprise fulfilment contract wins.
  • Competitive pricing, service-level changes and network investments from Delhivery, Ecom Express, Blue Dart and marketplace-owned logistics networks.
  • Growth in shipment volumes, average realisation per shipment and returns volumes during major festive-sale periods.
  • Prioritise Raftaar locations in high-order-density metro clusters and link inventory positioning to local delivery-demand data.
  • Bundle fulfilment, last-mile delivery, returns management and cross-border shipping into multiyear contracts for D2C and marketplace sellers.
  • Increase sortation, warehouse and routing automation to offset labour and delivery-cost inflation.
  • Build cross-border capabilities around customs clearance, returns and key India export corridors rather than competing only on parcel pricing.
  • Use franchise and partner capacity selectively to expand coverage without placing all dark-store and warehouse capex on the balance sheet.