Delhivery Limited · NSE:DELHIVERY

Delhivery — Q1 FY26 Earnings Presentation

18 slides from Delhivery's earnings presentation, Aug 1, 2025

  1. Slide 1: Exchange filing cover letter for investor presentation

    Date: August 01, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 India Bandra (E), Mumbai – 400 051 India Scrip Code: 543529 Symbol: DELHIVERY Sub: Investor Presentation for the ‘E

  2. Slide 2: Earnings Presentation Q1 FY26

    Earnings Presentation Q1 FY26

  3. Slide 3: Safe harbour and disclaimer

    Safe harbour and disclaimer This Presentation is prepared by Delhivery Limited (“Company”) and is for information purposes only without regards to specific objectives, financial situations or needs of any particular person and nothing in it shall be construed as an invitation, offer, solicitation, r

  4. Slide 4: Promising start to FY26

    MMT MUMNUA SNE H TEED 1B i ESTE TETEEE DELHIVETY

  5. Slide 5: India's largest integrated logistics platform

    ss India’s largest integrated logistics platform(1) ₹2,294 Cr ₹2,424 Cr ₹149 Cr / 6.5% Revenue from services Total income EBITDA / EBITDA margin YoY: 5.6% / QoQ: 4.7% YoY: 6.2% / QoQ: 5.2% Q1 FY25: ₹97 Cr / 4.5% Q4 FY25: ₹119 Cr / 5.4% ₹91 Cr / 3.8% 208 Mn 458K Tons PAT / PAT margin Express Parcel s

  6. Slide 6: Key operational metrics

    Key operational metrics As of end of / for the period Q1 FY25 Q4 FY25 Q1 FY26 Pin-code(1) 18,783 18,833 18,857 Countries and territories served(2) 220+ 220+ 220+ No. of Active Customers(3,4) 35,277 40,299 43,022 Infrastructure (in million sq ft.) 18.73 20.10 20.36 Gateways 112 111 119 Automated sort

  7. Slide 7: Q1 FY26 performance

    Q1 FY26 performance Revenue from services Express Parcel revenue Express Parcel shipments (₹ Cr) YoY: 6% (₹ Cr) YoY: 10% (Mn) YoY: 14% QoQ: 5% QoQ: 12% QoQ: 17% 1,403 208 183 177 2,294 2,172 2,192 1,276 1,256 9% 12% 10% 6% 7% 7% 22% 20% 24% Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 PTL freight

  8. Slide 8: Q1 FY26 performance

    Q1 FY26 performance Revenue from services Supply Chain Services revenue FTL Service revenue (₹ Cr) YoY: 6% (₹ Cr) (₹ Cr) YoY: (5%) YoY: (21%) QoQ: 5% QoQ: (11%) 259 QoQ: (2%) 2,294 229 205 2,172 2,192 156 151 148 9% 12% 10% 6% 7% 7% 22% 20% 24% Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 Cross B

  9. Slide 9: Service line-wise profitability

    Service line-wise profitability ₹ Cr Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 FY24 FY25 Revenue from services(1) 1,930 1,942 2,194 2,076 2,172 2,190 2,378 2,191 2,290 8,142 8,931 Total service EBITDA 196 201 306 238 258 203 256 271 298 941 988 % margin 10.2% 10.4% 14.0

  10. Slide 10: Profit after tax

    Profit after tax (₹ Cr) (89) (103) 12 (69) 54 10 25 73 91 (249) 162 3.8% 3.1% 2.4% 1.7% 1.0% 0.5% 0.4% (3.1%) (2.9%) (4.4%) (5.0%) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 FY24 FY25(1) FY24 FY25(1) (1) Out of the total reduction in depreciation and amortization expense

  11. Slide 11: Update on Ecom Express acquisition

    Update on Ecom Express acquisition 1 CCI approval received on June 17th, 2025 2 Acquisition completed on July 18th, 2025; financial consolidation will be effective from this date 3 Final purchase consideration post adjustments as per transaction terms: Rs. 1,369 Cr 4 Volume manifestation at Ecom alr

  12. Slide 12: Express Parcel volume growth

    Express Parcel volume growth Jan-Feb daily Mar daily average Q1 daily average Jul daily average average volumes volumes volumes volumes 7 day average pick-up volumes 11

  13. Slide 13: Appendix

    Appendix 12

  14. Slide 14: Quarterly financial performance

    Quarterly financial performance ₹ Cr Q1 FY25 Q4 FY25 Q1 FY26 QoQ% YoY% Income Revenue from services 2,172 2,192 2,294 4.7% 5.6% Other income 110 112 130 16.1% 18.2% Total income 2,282 2,303 2,424 5.2% 6.2% Expense Total freight, handling and servicing cost 1,580 1,566 1,638 4.6% 3.7% Employee benefi

  15. Slide 15: Improvements in cost structure

    Improvements in cost structure ₹ Cr Q1 FY25 Q4 FY25 Q1 FY26 FY24 FY25 Freight, Handling and Servicing Cost(1) 1580 1,566 1,638 5,971 6,535 % of Revenue from services 72.7% 71.5% 71.4% 73.3% 73.2% Line haul expenses 721 697 684 2,684 2,888 % of revenue 33.2% 31.8% 29.8% 33.0% 32.3% Vehicle rental exp

  16. Slide 16: Adjusted EBITDA bridge

    Adjusted EBITDA bridge ₹ Cr Q1 FY25 Q4 FY25 Q1 FY26 FY24 FY25 Remarks Total revenue from services 2,172 2,192 2,294 8,142 8,932 Less: Freight, handling and 1,580 1,566 1,638 5,971 6,535 servicing cost Less: Employee benefit expense 333 338 353 1,437 1,376 Less: Other expenses 163 169 155 607 645 Rep

  17. Slide 17: Employee Stock Options

    Employee Stock Options(1) ESOP split Estimated P&L charge (non-cash) for ESOPs already granted % of shares Total outstanding on a fully Cost of Cost of time-based diluted basis ₹ Cr performance-based options(4) options(5) ESOPs granted, of which 2,03,81,760 2.53% Vested (unexercised) 47,48,449 0.59%

  18. Slide 18: For any queries, please write to us at ir@delhivery.com

    For any queries, please write to us at ir@delhivery.com

Delhivery — Q1 FY26 Earnings Presentation on 6ix