Earnings Call/Transcript
Delhivery Q2FY27 Earnings Call Transcript
Delhivery filed the transcript of its October 30, 2026 earnings call covering unaudited Q2FY27 and half-year results.
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Delhivery Ltd (DELHIVERY) is currently trading at 428.90 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Delhivery Limited provides integrated logistics services spanning express parcel, PTL and truckload freight, warehousing, fulfilment, cross-border shipping, supply-chain solutions, technology and value-added services for marketplaces, D2C brands, enterprises and SMEs. Its platform combines transportation infrastructure, automated facilities, software and customer-facing applications across a broad Indian network. Q2FY27 was a record quarter, with express shipments rising 32% year on year to 325 million, PTL freight increasing 14.2% to 545,000 metric tonnes, and service revenue crossing Rs. 3,000 crore for the first time. Adjusted EBITDA reached Rs. 123 crore and PAT was Rs. 41 crore, indicating improved operating leverage despite a volatile macroeconomic environment. Management said express volumes were already running beyond the upper end of the initial 20–30% FY27 growth guidance, while October remained ahead of expectations. The company is prioritising service quality, profitable demand selection and network reliability rather than accepting every available shipment, which may moderate reported volumes but protect claims, margins and customer outcomes. Newer businesses are becoming meaningful without requiring proportionate fixed infrastructure. Delhivery Local exceeded a Rs. 200 crore annualised revenue run rate, Delhivery Direct approached Rs. 100 crore, and International reached roughly Rs. 150 crore while achieving service EBITDA break-even. Together, these initiatives broaden the company beyond marketplace-led express logistics and create additional growth avenues.
Over the past 52 weeks, Delhivery Ltd has traded between a low of ₹364.95 and a high of ₹524.25. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Delhivery Ltd has a market capitalization of approximately 31,322.54. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Delhivery Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 169.73 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 31,322.54 Cr, Delhivery Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Delhivery Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Delhivery Ltd is 169.73. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Delhivery reported revenue from services of ₹3,066 crore in Q2 FY27. This was the first quarter in which the company crossed ₹3,000 crore in service revenue, and it represented 20% year-on-year growth.
Delhivery said its fine-tuned, self-hosted open-weights models reduced customer-support and POD-validation costs by more than 50%. It said the models retained output-quality metrics comparable with frontier models. The company did not disclose the absolute rupee cost base before or after deployment.
Delhivery Local’s revised Q4FY27 annualised revenue run-rate target is about Rs 280 crore. Delhivery’s earlier target was about Rs 250 crore, and the platform’s current run-rate was about Rs 200 crore in the Q2FY27 update.
Delhivery expects Express service EBITDA margin of 16-18% at FY27 exit. Management said pricing revisions and higher network utilisation should support expansion through Q3FY27 and into Q4FY27.

Earnings Call/Transcript
Delhivery filed the transcript of its October 30, 2026 earnings call covering unaudited Q2FY27 and half-year results.
Other
Delhivery granted 64,400 stock options to eligible employees under ESOP IV, 2021, at an exercise price of Re. 1 per share.
Financial Results
Delhivery published newspaper notices for its unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026.
Earnings Call/Transcript
Delhivery has shared the audio recording of its earnings call on results for the quarter and half year ended September 30, 2026.
Financial Results
Delhivery reported Q2FY27 revenue from services of ₹3,066 crore, up 19.8% YoY, with adjusted EBITDA of ₹123 crore and consolidated PAT of ₹41 crore.
Investor Presentation
Delhivery released its Q2FY27 and H1FY27 investor presentation ahead of the earnings conference call scheduled for October 30, 2026, at 6:00 PM IST.

Transport Services
Logistics Solution Provider
32,147 Cr
Moderate Risk
174.2
19.8
1.9
3.2
524.25
364.95
Sales CAGR
Profit CAGR
ROE
ROCE