Delhivery is an integrated logistics provider offering a full range of services including express parcel, heavy goods delivery, part-truckload freight and truckload freight. The company was incorporated as SSN Logistics Private Limited in 2011. It was renamed to Delhivery Private Limited in 2015. As the company became a public entity in 2021, it was again renamed to Delhivery Limited with a fresh certificate of incorporation issued in October 2023.
In over 12 years of its inception, the company has successfully fulfilled over 2 billion orders using its network present in 18,600 pin codes across every state in India. Delhivery has 24 automated sorting centres, 94 gateways, 2880 direct delivery centres and a team of over 57,000 people.
Business operations
Delhivery also deals in supply chain software along with value-added services such as e-commerce return services, processing installation, assembly services, payment collection, and fraud detection. The company’s customer base includes e-commerce marketplaces, direct-to-consumer e-tailers and enterprises. SMEs across verticals like FMCGs, consumer durables and lifestyle depend on Delhivery.
The company uses its proprietary technology statement to offer integrated logistics services to customers. The technical infrastructure consists of more than 80 applications looking after all supply chain processes including order management, warehouse management, transportation management, financial transactions, tracking and supply chain analytics.
Delhivery started operations with the launch of the Transportation Management System (TMS) in 2011. Two years later, it started the business for fulfilment centres. In 2014, Delhivery introduced the network design tool Netplan product. It was followed up with the launch of the address resolution engine Addfix. The company also introduced automated sorting centres in its network.
Delhivery began offering part truckload services (PTL service offering) in 2016 along with the launch of its Constellation program. The year 2018 saw the company making an entry into the truckload services segment. It also began cross-border service offerings.
Delhivery introduced PaaS (Platform as a Service) as a soft launch in Sri Lanka and Bangladesh.
A year later, the company started its supply chain services and major acquisitions. It acquired Aramex's India assets and also announced a partnership with UPS. Delhivery announced its arrival in the global market with the opening up of its US office.
In 2020, the firm acquired Roadpiper Technologies Private Limited, a digital freight broker with fleet owner load-matching and pricing applications. Roadpiper was engaged in the business of providing technology solutions to the logistics industry along with end-to-end services to transportation companies.
In 2021, the company acquired the business of Primaseller Inc. In another acquisition, Delhivery took over Spoton Logistics Private Limited, an express PTL freight service provider in India.
Delhivery Ltd's market capitalisation stood at over ₹ 28,500 crore as of December 29, 2023. Delhivery share price has gained 17% in the last one year.
Delhivery Financial Highlights
- Revenue: Delhivery reported revenue of ₹10,866.96 crore in FY26 vs ₹9,372.01 crore in FY25. It showed an increase of 15.95% on a yearly basis.
- Operating Profit: Delhivery reported an operating profit of ₹140.42 crore in FY26 vs ₹157.13 crore in FY25. It showed a decrease of 10.63% on a year-on-year basis.
- Net Profit: Delhivery reported a net profit of ₹152.54 crore in FY26 vs ₹162.11 crore in FY25. It showed a decrease of 5.90% on a yearly basis.
Delhivery Quarterly Result Highlights
- Delhivery reported revenue of ₹3,044.84 crore in Jun 2026, compared with ₹2,909.42 crore in Mar 2026, representing an increase of 4.65% on a quarter-on-quarter (QoQ) basis.
- Delhivery reported an operating profit of ₹30.25 crore in Jun 2026, compared with ₹67.29 crore in Mar 2026, representing a decrease of 55.05% on a quarter-on-quarter (QoQ) basis.
- Delhivery reported a profit of ₹31.91 crore in Jun 2026, compared with ₹72.40 crore in Mar 2026, reflecting a decrease of 55.93% on a QoQ basis.
- The earnings per share (EPS) of Delhivery stood at ₹2.19 during Jun 2026.
