Investment in Wholly Owned Subsidiary
What happened
FactInvestment in Wholly Owned Subsidiary. 2015 - Outcome of the Board Meeting of Delhivery Limited. (“the Company”), not exceeding Rs. 36 crores (Rupees Thirty-Six crores) in one or more.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
WithdrawnSafe to say this will be an Rs. 80 to 100 crore business at the bare minimum.
We expect volumes, as I mentioned, October volumes have remained very strong.
Change
FactImplication
CapitSignal interpretationMargins
WithdrawnWe will remain broadly within the normative range of 16 to 18% in the Express Parcel business as guided previously.
We are well within the margin range that we would have forecasted internally.
Change
FactImplication
CapitSignal interpretationCapex
RevisedPAT came in at Rs. 91 crores, nearly 4%, which is an expansion of 140 basis points from 54 crores in Q1 of FY25 and 70 basis points compared to Q4FY25 when PAT stood at Rs. 73 crores.
Investment levels in this business are not particularly large. As I mentioned, I think between the two businesses put together, our total investment levels are about Rs. 15 crores at this point in time.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- The additional Rs. 40 crores that is there will also again wash out over the next two quarters. (management committed by H1 FY26)
- We continue to expand the express delivery network in response to significantly higher volumes anticipated in (management committed by Q2 FY26)
Evidence
- Delhivery Limited has submitted to the Exchange, the Unaudited Standalone and Consolidated financial results for the quarter and half year ended September 30, 2026.(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q1 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q1 FY26
- Latest statement · Q2 FY26
How CapitSignal classified this
- Reasoning:
- SUBSIDIARY base 34; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%