Delhivery Share Price Rises 2% as CCI Approves ₹ 1,407 Cr Ecom Express Deal

Market Performance

Delhivery's share price saw a notable 2.1% uptick during intra-day trading on Wednesday. The stock hit a high of ₹366.50, driven by regulatory clearance of a significant acquisition deal.

Despite being 18% below its 52-week high of ₹447.75 (recorded in September 2024), the stock remains above its 52-week low of ₹236.80 (seen in March 2025).

Delhivery has shown positive momentum recently:

• +2% gain so far in June
• +17% in May
• +20% in April
• +2% in March
• Recovery from -22% in February and -7.2% in January

This consistent upward movement over four months indicates renewed investor confidence.

Main News

The Competition Commission of India has officially cleared Delhivery's ₹1,407 Crore acquisition of Ecom Express, marking a significant step in the Indian e-commerce logistics sector.

According to the regulatory statement, Delhivery will acquire at least 99.44% of the equity and preference shares of Ecom Express on a fully diluted basis.

This cash-based transaction is designed to enhance Delhivery's last-mile delivery, fulfillment infrastructure, and operational scale.

Company Details

Delhivery Ltd initiated the deal back in April 2025. With this acquisition, it seeks to become India's most comprehensive logistics platform.

Ecom Express, headquartered in Gurugram, specializes in e-commerce logistics, especially in tier-2 and tier-3 cities.

Key benefits from the acquisition include:

• Strengthened warehousing and delivery infrastructure
• Improved market penetration across underserved regions
• Enhanced competitive position in India's fast-growing e-commerce market

Financial Performance

Revenue

• Q4FY25 Revenue: ₹2,191.6 Crore
• YoY Growth: 5.6%

EBITDA

• Q4FY25 EBITDA: ₹119 Crore
• Q4FY24 EBITDA: ₹45.7 Crore
• Growth: Nearly 3x increase

EBITDA Margins

• Q4FY25 Margin: 5.45%
• Q4FY24 Margin: 2.2%

Net Profit

• FY25 Net Profit: ₹162 crore
• FY24 Net Loss: ₹249 crore
• Q4FY25 Net Profit: ₹72.6 crore
• Q4FY24 Net Loss: ₹68.5 crore

This marks the company's first-ever full-year net profit, underlining a strong financial turnaround.

Summary

Delhivery share price gained 2% following the CCI's approval of a ₹1,407 Crore deal to acquire Ecom Express. The acquisition not only consolidates Delhivery's position in the logistics sector but also expands its capabilities in last-mile delivery and warehousing.

With consistent gains over the past four months and a return to profitability in FY25, Delhivery is showcasing resilience and strategic growth amid India's booming e-commerce landscape.