Integrated Filing — IndAS



General information about company

Scrip Code 543529
NSE Symbol DELHIVERY
MSEI Symbol NOTLISTED
ISIN INE148O01028
Name of company DELHIVERY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 16-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Logistic
Start date and time of board meeting 16-05-2026   13:00:00
End date and time of board meeting 16-05-2026   15:55:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,84,999.90 10,50,830.70
Other income 5,941.80 35,864.80
Total income 2,90,941.70 10,86,695.50
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 41,662.30 1,60,455.80
(e) Finance costs 3,405.30 14,410.70
(f) Depreciation, depletion and amortisation expense 18,328.20 69,543.90
(f) Other Expenses
1 Freight, handling and servicing costs 2,00,560.90 7,46,587.80
2 Other expenses 21,353.70 79,787.40
Total other expenses 2,21,914.60 8,26,375.20
Total expenses 2,85,310.40 10,70,785.60
3 Total profit before exceptional items and tax 5,631.30 15,909.90
4 Exceptional items 150.00 (2,585.60)
5 Total profit before tax 5,781.30 13,324.30
6 Tax expense
7 Current tax 5.20 21.30
8 Deferred tax (516.40) (1,233.30)
9 Total tax expenses (511.20) (1,212.00)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,292.50 14,536.30
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 947.20 717.70
16 Total profit (loss) for period 7,239.70 15,254.00
17 Other comprehensive income net of taxes 1,059.20 1,797.20
18 Total Comprehensive Income for the period 8,298.90 17,051.20
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 7,239.90 15,267.60
Total profit or loss, attributable to non-controlling interests 0.00 (13.60)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 8,298.90 17,051.20
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 7,486.10 7,486.10
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 9,61,209.40
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.97 2.04
Diluted earnings (loss) per share from continuing operations 0.95 2
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.97 2.04
Diluted earnings (loss) per share from continuing and discontinued operations 0.95 2
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 2,91,402.90
Capital work-in-progress 96.70
Investment property 0.00
Goodwill 2,38,590.90
Other intangible assets 13,173.20
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 33,551.50
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Investments 88,782.00
2 Other financial assets 76,286.00
Total of other non-current financial assets 1,65,068.00
Total non-current financial assets 1,65,068.00
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 2,029.20
2 Non- current tax assets 36,057.20
Total of other non-current assets 38,086.40
Total non-current assets 7,79,969.60
2 Current assets
Inventories 2,363.80
Current financial asset
Current investments 1,73,814.70
Trade receivables, current 1,37,099.20
Cash and cash equivalents 24,193.70
Bank balance other than cash and cash equivalents 240.70
Loans, current 346.90
Other current financial assets
Total of other current financial assets 1,34,144.50
Total current financial assets 4,69,839.70
Current tax assets (net)
Other current assets
1 Other current assets 25,511.00
Total of other current assets 25,511.00
Total current assets 4,97,714.50
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 12,77,684.10
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 7,486.10
Other equity 9,61,209.40
Total equity attributable to owners of parent 9,68,695.50
Non controlling interest 0.00
Total equity 9,68,695.50
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 0.00
Provisions, non-current 2,059.90
Deferred tax liabilities (net) 2,684.20
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Lease liabilities 1,11,963.20
Total of other non-current liabilities 1,11,963.20
Total non-current liabilities 1,16,707.30
Current liabilities
Current financial liabilities
Borrowings, current 253.50
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,540.50
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,11,622.30
Total Trade payable 1,13,162.80
Other current financial liabilities
1 Other financial liabilities 21,656.70
2 Lease liabilities 34,040.40
Total of other current financial liabilities 55,697.10
Total current financial liabilities 1,69,113.40
Other current liabilities 18,733.50
1 Other current liabilities 18,733.50
Total of other current liabilities 18,733.50
Provisions, current 4,411.90
Current tax liabilities (Net) 22.50
Deferred government grants, Current 0.00
Total current liabilities 1,92,281.30
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 3,08,988.60
Total equity and liabilites 12,77,684.10
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 1 Property plant and equipment includes ROU Rs 13,179.77 mns 2 The consolidated financial results of Delhivery Limited the Company the Parent and its 15 subsidiaries together referred to as the Group have been prepared in accordance with the Indian Accounting Standard Ind AS notified under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulalion 33 or the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 the LODR Regulations The consolidated financial results as reviewed by the Audit Committee have been approved by Board of Directors at its meeting held on May 16 2026 3 On November 21 2025 Government of India notified provisions of the Code on Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 Labour Codes which consolidate twenty nine existing labour laws into a unified framework governing employee benefits during employment and post employment The Labour Codes amongst other things introduces changes including a uniform definition of wages and enhanced benefits relating to leave The Group has assessed the financial implications of these changes which has resulted in increase in gratuity liability arising out of past service cost and increase in leave liability by Rs 208.56 million Considering the impact arising out of an enactment of the new legislation is an event of non recurring nature the Group has presented this incremental amount as Impact of Labour Codes under Exceptional Item in the consolidated financial results for the year ended March 31 2026 The Group continues to monitor the developments pertaining to Labour Codes and will evaluate impact if any on the measurement of liability pertaining to employee benefits Draft rules under Labour codes were released by the Ministry of Labour and Employment on December 30 2025 and are yet to be notified The financial impact of new labour code if any of the remaining provision will be assessed upon notification of the final rules and their effective dates 4 During the quarter and year ended March 31 2026 the Company has granted 186100 and 4082795 stock options under various stock option plan as approved by Board of Directors to the eligible employees of the Company and its subsidiaries Further 512327 and 3026629 stock options were exercised during the quarter and year ended March 31 2026 5 Pursuant to the approval of the Board of Directors on April 05 2025 for the acquisition of shares of Ecom Express Limited Ecom the Company has subsequently completed the acquisition of 99.87 percent of Ecoms issued and paid up share capital on a fully diluted basis for a purchase consideration of approximately Rs 13696.36 million Consequently Ecom has become a subsidiary of the Company with effect from July 18 2025 Further the Company acquired the remaining shares constituting 0.13 percent of stake making Ecom a wholly owned subsidiary with effect from December 10 2025



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 - Re-measurement gains/(losses) on defined benefit plans 858.00 1,262.60
2 - Share of other comprehensive income/(loss) of associate (net) 52.90 53.80
Total Amount of items that will not be reclassified to profit and loss 910.90 1,316.40
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 - Exchange differences on translation of foreign operations 154.30 486.80
2 - Share of other comprehensive income of associate (net) (6.00) (6.00)
Total Amount of items that will be reclassified to profit and loss 148.30 480.80
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 1,059.20 1,797.20



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 13,324.30
Adjustments for reconcile profit (loss)
Adjustments for finance costs 13,939.40
Adjustments for decrease (increase) in inventories (715.80)
Adjustments for decrease (increase) in trade receivables, current (7,053.70)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (113.20)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 231.10
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 9,789.60
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 6,957.50
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 69,544.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (5,621.70)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 21,063.00
Adjustments for share-based payments 8,642.90
Adjustments for fair value losses (gains) 500.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (11,228.50)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 15,923.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 79,731.60
Net cash flows from (used in) operations 93,055.90
Dividends received 0.00
Interest paid (427.80)
Interest received 0.00
Income taxes paid (refund) 2,338.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 91,145.70
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 1,30,832.80
Other cash receipts from sales of equity or debt instruments of other entities 9,15,502.00
Other cash payments to acquire equity or debt instruments of other entities 8,42,395.20
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 1,715.50
Purchase of property, plant and equipment 42,213.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 19,907.40
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 30,444.30
Net cash flows from (used in) investing activities (47,871.80)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 182.70
Proceeds from issuing shares 134.80
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 11,081.10
Payments of lease liabilities 27,774.60
Dividends paid 0.00
Interest paid 14,264.20
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (53,167.80)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (9,893.90)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 491.00
Net increase (decrease) in cash and cash equivalents (9,402.90)
Cash and cash equivalents cash flow statement at beginning of period 33,596.60
Cash and cash equivalents cash flow statement at end of period 24,193.70





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins & Sells LLP Yes 31-07-2027