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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 30-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second 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 Unaudited
Segment Reporting Single segment
Description of single segment Logistics
Start date and time of board meeting 30-10-2026   13:30:00
End date and time of board meeting 30-10-2026   15:50:00
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 Not applicable



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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,06,638.10 5,99,711.10
Other income 6,662.50 18,073.80
Total income 3,13,300.60 6,17,784.90
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 44,628.50 87,524.90
(e) Finance costs 3,401.50 6,780.50
(f) Depreciation, depletion and amortisation expense 19,749.00 38,672.50
(f) Other Expenses
1 Freight, Handling and Servicing Costs 2,19,508.70 4,34,724.90
2 Other expenses 22,013.20 42,758.10
Total other expenses 2,41,521.90 4,77,483.00
Total expenses 3,09,300.90 6,10,460.90
3 Total profit before exceptional items and tax 3,999.70 7,324.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 3,999.70 7,324.00
6 Tax expense
7 Current tax 3.30 3.30
8 Deferred tax (167.90) (333.90)
9 Total tax expenses (164.60) (330.60)
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 4,164.30 7,654.60
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 (100.40) (400.10)
16 Total profit (loss) for period 4,063.90 7,254.50
17 Other comprehensive income net of taxes 279.70 290.90
18 Total Comprehensive Income for the period 4,343.60 7,545.40
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 4,343.40 7,545.40
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 279.70 290.90
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 7,492.90 7,492.90
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.54 0.97
Diluted earnings (loss) per share from continuing operations 0.53 0.95
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 0.54 0.97
Diluted earnings (loss) per share from continuing and discontinued operations 0.53 0.95
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The consolidated financial results of Delhivery Limited (the Company/the Parent) and its 14 subsidiaries (together referred to as the Group) has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 Interim Financial Reporting (Ind AS 34), prescribed 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 Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended (the LODR Regulations). The said consolidated unaudited financial results represent results of the Group and its share in 1 associate as reviewed by the Audit Committee, have been approved by Board of Directors at its meeting held on October 30, 2026. 2. The Board of Directors of the Company in its meeting held on February 02, 2024 approved a Scheme of Amalgamation between Spoton Logistics Private Limited, Spoton Supply Chain Solutions Private Limited and the Company under section 230-232 of the Companies Act 2013. (“Scheme”). The Hon'ble National Company Law Tribunal (NCLT) approved the Scheme vide its order dated March 20, 2026 (“Order”). In accordance with the Scheme and Order, the Appointed Date was April 01, 2025. The Company filed the certified true copy of the Order with the Registrar of Companies on May 01, 2026 (“Effective Date”). The Scheme came into effect on the Effective Date and was operative from the Appointed Date, accordingly the impact of the merger has been given in the consolidated financial results with effect from April 01, 2025. 3. The unmodified consolidated financial results for the quarter and half year ended September 30, 2026, are available on the BSE Limited website, the National Stock Exchange of India Limited website and on the Company’s website.



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 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3,00,437.20
Capital work-in-progress 997.60
Investment property 0.00
Goodwill 2,38,590.90
Other intangible assets 10,793.80
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 33,192.90
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 67,764.30
2 Other financial assets 43,511.20
Total of other non-current financial assets 1,11,275.50
Total non-current financial assets 1,11,275.50
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 3,198.40
2 Non- current tax assets 26,187.60
Total of other non-current assets 29,386.00
Total non-current assets 7,24,673.90
2 Current assets
Inventories 5,441.40
Current financial asset
Current investments 2,26,765.90
Trade receivables, current 1,41,003.90
Cash and cash equivalents 30,823.70
Bank balance other than cash and cash equivalents 3,310.50
Loans, current 195.50
Other current financial assets
Total of other current financial assets 1,38,818.80
Total current financial assets 5,40,918.30
Current tax assets (net)
Other current assets
1 Other current assets 25,981.80
Total of other current assets 25,981.80
Total current assets 5,72,341.50
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 12,97,015.40
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 7,492.90
Other equity 9,74,134.20
Total equity attributable to owners of parent 9,81,627.10
Non controlling interest
Total equity 9,81,627.10
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 2,306.00
Deferred tax liabilities (net) 2,350.30
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Lease liabilities 1,17,462.00
Total of other non-current liabilities 1,17,462.00
Total non-current liabilities 1,22,118.30
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,764.10
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,23,379.20
Total Trade payable 1,27,143.30
Other current financial liabilities
1 Other financial liabilities 13,595.20
2 Lease liabilities 29,007.60
Total of other current financial liabilities 42,602.80
Total current financial liabilities 1,69,746.10
Other current liabilities 19,514.10
1 Other current liabilities 19,514.10
Total of other current liabilities 19,514.10
Provisions, current 4,009.20
Current tax liabilities (Net) 0.60
Deferred government grants, Current
Total current liabilities 1,93,270.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 3,15,388.30
Total equity and liabilites 12,97,015.40
Disclosure of notes on assets and liabilities



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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
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 256.10 99.30
Total Amount of items that will not be reclassified to profit and loss 256.10 99.30
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 96.70 150.10
2 Share of other comprehensive income/(loss) of associate (net) (73.10) 41.50
Total Amount of items that will be reclassified to profit and loss 23.60 191.60
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 279.70 290.90



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 7,324.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 6,669.90
Adjustments for decrease (increase) in inventories (3,077.60)
Adjustments for decrease (increase) in trade receivables, current (17,660.40)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 183.50
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 (2,019.40)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 13,980.30
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (3,827.40)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 38,672.70
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (88.70)
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 11,234.40
Adjustments for share-based payments 5,394.90
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (5,242.50)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 12,694.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 34,444.90
Net cash flows from (used in) operations 41,768.90
Dividends received 0.00
Interest paid (62.70)
Interest received 0.00
Income taxes paid (refund) (10,663.70)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 52,495.30
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 0.00
Other cash receipts from sales of equity or debt instruments of other entities 3,32,971.70
Other cash payments to acquire equity or debt instruments of other entities 3,60,073.40
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 1,162.50
Purchase of property, plant and equipment 34,800.40
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 10,573.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 26,487.20
Net cash flows from (used in) investing activities (23,678.90)
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 0.00
Proceeds from issuing shares 22.80
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 253.50
Payments of lease liabilities 15,272.40
Dividends paid 0.00
Interest paid 6,735.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (22,238.60)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 6,577.80
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 52.20
Net increase (decrease) in cash and cash equivalents 6,630.00
Cash and cash equivalents cash flow statement at beginning of period 24,193.70
Cash and cash equivalents cash flow statement at end of period 30,823.70