Delhivery Limited · NSE:DELHIVERY

Delhivery — Q3 FY2026 Earnings Presentation

16 slides from Delhivery's earnings presentation, Jan 31, 2026

  1. Slide 1: Exchange cover letter: rectification of typographical error

    Date: January 31, 2026 BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers, Limited 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: Rectification of a typographica

  2. Slide 2: Earnings Presentation Q3FY26

    Earnings Presentation Q3FY26

  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: ₹1,000 Cr Service EBITDA crossed in FY26

    ₹1,000 Cr Service EBITDA crossed in FY26 3

  5. Slide 5: Q3FY26 highlights

    Q3FY26 highlights • Record festive season with 295 Mn Express Parcel shipments driven by strong SOW gains across clients Business • PTL crossed 500K MT driven by consistent sales efforts and stable service levels, despite sharp network volumes uptick • Key contract wins in SCS - One of India’s large

  6. Slide 6: Key financial metrics

    (1) Key financial metrics Q3FY26 9MFY26 295 Mn 507K MT 748 Mn 1,442K MT Express Parcel shipments PTL freight tonnage Express Parcel shipments PTL freight tonnage YoY: 42.9% / QoQ: 19.9% YoY: 22.9% / QoQ: 6.2% YoY: 30.2% YoY: 16.5% ₹2,798 Cr ₹421 Cr / 15.1% ₹7,638 Cr ₹1,053 Cr / 13.8% Revenue from se

  7. Slide 7: Key operational metrics

    Key operational metrics At the end of / for the period Q3FY25 Q2FY26 Q3FY26 Pin-code(1) 18,780 18,830 18,838 Countries and territories served(2) 220+ 220+ 220+ No. of Active Customers(3) 39,775 48,442 51,547 Infrastructure (in million sq ft.) 20.6 22.0(4) 21.9 Gateways 112 123 123 Automated sort cen

  8. Slide 8: Q3FY26 performance

    Q3FY26 performance Revenue from services(1) Express Parcel revenue Express Parcel shipments (₹ Cr) YoY: 18% (₹ Cr) YoY: 24% (Mn) YoY: 43% QoQ: 14% QoQ: 20% QoQ: 10% 295 2,798 0% 1,839 246 2,546 6% 1,611 206 1% 1,488 2,378 6% 0% 7% 9% 6% 21% 7% 21% 19% Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 PTL fr

  9. Slide 9: Q3FY26 performance

    Q3FY26 performance Revenue from services(1) Supply Chain Services revenue FTL Service revenue (₹ Cr) YoY: 18% (₹ Cr) (₹ Cr) YoY: 1% YoY: (23%) QoQ: 10% QoQ: 1% 2,798 QoQ: 8% 0% 222 2,546 6% 1% 170 171 160 162 2,378 6% 150 0% 7% 9% 6% 21% 7% 21% 19% Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Cross Bor

  10. Slide 10: Service line-wise profitability

    Service line-wise profitability ₹ Cr Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 FY24 FY25 9MFY26 Revenue from services(1) 1,930 1,942 2,194 2,076 2,172 2,190 2,378 2,191 2,290 2,536 2,785 8,142 8,931 7,611 Total Service EBITDA 196 201 306 238 258 203 256 271 298 334

  11. Slide 11: Profit after tax

    Profit after tax (₹ Cr) (89) (103) 12 (69) 54 10 25 73 91 59 110 (249) 162 260 3.8% 3.8% 3.1% 3.3% 2.4% 2.2% 1.7% 1.0% 0.5% 0.4% -3.1% -2.9% -4.4% -5.0% (1) (2) (3) (2) Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 FY24 FY25 9MFY26 FY24 FY25(3) FY26 1) Excluding impact

  12. Slide 12: Appendix

    Appendix 11

  13. Slide 13: Quarterly financial performance

    Quarterly financial performance Q2FY26 Q3FY26 ₹ Cr Q3FY25 Q2FY26 Q3FY26 (mgmt. (mgmt. QoQ%(2) YoY%(2) estimates)(1) estimates)(1) Income Revenue from services 2,378 2,559 2,805 2,546 2,798 9.9% 17.6% Other income 99 92 77 92 74 (19.9%) (25.3%) Total income 2,477 2,652 2,882 2,638 2,871 8.8% 15.9% Ex

  14. Slide 14: Adjusted EBITDA bridge

    Adjusted EBITDA bridge ₹ Cr Q3FY25 Q2FY26 Q3FY26 FY24 FY25 9MFY26 Remarks Total revenue from services 2,378 2,559 2,805 8,142 8,932 7,658 Less: Freight, handling and 1,751 1,843 1,980 5,971 6,535 5,460 servicing costs Less: Employee benefit 356 426 410(1) 1,437 1,376 1,188(1) expenses Less: Other ex

  15. Slide 15: Employee Stock Options

    Employee Stock Options(1) ESOP split Estimated P&L charge (non-cash) for ESOPs already granted % of shares Cost of Total outstanding on a fully Cost of time-based ₹ Cr performance-based diluted basis options(4) options(5) ESOPs granted, of which FY26(6) 97 (6) Vested (unexercised) 4,827,225 0.6% FY2

  16. Slide 16: For any queries, please write to us at ir@delhivery.com

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

Delhivery — Q3 FY2026 Earnings Presentation on 6ix