Delhivery Shares Hit Fresh 52-Week High

Update| August 04, 10:32 PM

Shares of Delhivery surged 8% during the intraday trading today to hit a 52-week high at INR 463.90 apiece on the BSE. Shares of the logistic major closed 7.34% higher at at INR 461.40
apiece.

Original | August 04, 11:19 AM

Shares of Delhivery jumped 6.38% to INR 457.30 apiece on the BSE today, touching a fresh 52-week high.

Last week, the Delhi NCR-based company reported its financial results for Q1 FY26. The company reported a 67% increase in its consolidated net profit for the quarter under review to INR 91.1 Cr from INR 54.4 Cr in Q1 FY25.

Meanwhile, its revenue merely grew by 6% to INR 2,294 Cr for the June quarter from INR 2,172.3 Cr in Q1 FY25.

Delhivery’s fast transit delivery service, Express Parcel, was the highest contributor to its top line, generating a revenue of INR 1,403 Cr, up 10% on a year-on-year basis.

The stocks of Delhivery have also gained at a time when the overall market sentiments seem to be in green. The BSE Sensex rallied 0.2% today, opening at 80,765.83 points.

Delhivery, which is one of the major players in the logistics sector of the country, serving D2C brands via its B2B delivery services, entered the on-demand transportation and delivery services in June. The vertical will offer storage solutions and a 1-3 hour fulfillment service to D2C brands.

The new service will serve businesses and individuals alike with its Delivery Direct app and take a shot at some of the existing players in the on-demand hyperlocal delivery space such as Porter, Rapido and Uber, among others.

During the June quarter results, the company said that its rapid delivery segment currently has a strength of 20 stores and plans to increase it by another 15-20 more stores by Q4FY26. According to the company, the business has a monthly revenue rate of INR 1.2 Cr.

While the company is venturing out into new business verticals, it also completed its acquisition of Ecom Express in July buying 99.87% stake for INR 1,369 Cr. Chief executive Sahil Barua said during Delhivery’s Q1 earnings call thatthe company’s market share has increased to 25% with the acquisition of Ecom Express.

Ecom Express had a wider pin code reach than Delhivery. With the activation of the new locations, Delhivery is expected to reach 19,200 pin codes in the coming quarter against 18,857 pin codes in Q1 FY26.

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