The approval was granted on July 13, 2026, the company said in a stock exchange filing. Delhivery said the issuance of the Certificate of Registration is subject to the submission of certain documents to the satisfaction of the RBI, as specified in the approval letter.
Fourth Quarter Results
Delhivery reported a marginal 0.2% year-on-year decline in net profit for the fourth quarter to ₹72.4 crore, down from ₹72.6 crore in the corresponding quarter last year. PAT before Ecom integration costs and exceptional items stood at ₹87 crore.
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Revenue for the quarter increased 30% year-on-year to ₹2,850 crore from ₹2,191.6 crore a year earlier. EBITDA rose 80% to ₹214.2 crore during the quarter, compared with ₹119.1 crore in the year-ago period. EBITDA margin expanded to 7.5% from 5.4% in the corresponding quarter last year.
Delhivery said its FY26 consolidated performance turned free cash flow positive at ₹89 crore, with revenue from services crossing ₹10,486 crore. The company reported FY26 express parcel volumes of 1 billion shipments, while PTL freight volume stood at about 2 million metric tonnes, recording 17% year-on-year growth.
FY26 EBITDA stood at ₹764 crore, with a margin of 7.3%, and was about two times the FY25 EBITDA. PAT for FY26 was ₹347 crore before Ecom integration costs and exceptional items, while consolidated PAT stood at ₹153 crore.
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The company said the transport business (Express and PTL) delivered 16% ROIC during FY26. It also reported cash and cash equivalents of ₹4,555 crore as of March 2026. For Q4FY26, Delhivery reported express parcel volumes of 306 million shipments, up 72% year-on-year, while PTL freight volume stood at 549,000 metric tonnes, up 20%.
Shares of Delhivery Ltd ended at ₹510.60, down by ₹1.90, or 0.37%, on the BSE.
