Date and Time: Held on August 08, 2026, at 06:00 P.M. IST.
Purpose: Discussion of quarterly performance, operational challenges, and strategic updates for Q1 FY27 ended June 30, 2026.
Management Participants:
Mr. Sahil Barua, MD & Chief Executive Officer
Mr. Vivek Pabari, Chief Financial Officer
Ms. Vani Venkatesh, Chief Business Officer
Mr. Varun Bakshi, Chief Sales Officer
Mr. Navneet Kumar, Head - Supply Chain Services
Moderator: Dhruv Jain, Ambit Capital
Financial Period: Q1 FY27 (quarter ended June 30, 2026).
Key Financial Highlights:
Revenue: Nearly ₹3000 Cr, up 28% YoY.
EBITDA: ₹156 Cr, up 5% YoY.
Express Parcel Volumes: 322 million packages, up 55% YoY.
PTL Freight Volume: 542,000 tonnes, up 18% YoY.
PTL Yield: Improved to nearly ₹12 per kg, driving 20%+ revenue growth.
Supply Chain Services Revenue: ₹200 Cr, with profitability impacted by two new large contracts.
Operational Challenges: Labor shortages across industry (April-June), disruptions due to elections and weather, geopolitical uncertainty leading to inflation, input cost pressures, and changes to statutory labor codes.
Strategic Updates:
Delhivery Direct GMV ahead of plan at ₹150 Cr (original FY27 target: ₹250 Cr).
Launched Delhivery Maps based on proprietary GIS.
Continued investments in automation and engineering across facilities.
NBFC approval received in July; asset-light model with lending partners.
Guidance: Maintained FY27 and medium-to-long-term growth and profitability targets. Express volume growth guidance: 20-30% range (currently at upper end). PTL margin target: exit FY27 at 15-15.5% service EBITDA (exited FY26 at 13.4%).
UPSI Disclaimer: No explicit statement regarding UPSI in the transcript, but the call focused on published results and operational updates.
Additional Notes Section
Attachment: Transcript of the earnings call was attached to the regulatory filing and uploaded to the company website (www.delhivery.com).
No Financial Data Disclosure: The announcement itself did not disclose new financial data beyond what was discussed in the call, which was based on already published results.
Logistics: Dial-in details were not included in this transcript; the document is a post-event disclosure.
