• Annual growth outlook: Delhivery targets overall growth of 15% to 20%, supported by 15% to 20% growth in e-commerce, 20% to 25% growth in part truckload freight, and a rebound in supply chain services.
• Ecom Express integration: The acquisition was completed ahead of schedule at a lower cost than the projected 300 crores and has already proven to be earnings accretive.
• Profitability and reinvestment: Despite flat Q4 profits, profitability in the core express parcel and part truckload segments hit historic highs, with profits being reinvested into new ventures like Delhivery Local, Rapid Commerce, and cross-border logistics.
• International expansion strategy: The company plans to grow its cross-border footprint and free-trade fulfillment networks alongside local partners rather than establishing direct transportation fleets in foreign countries.
• Fuel cost resilience: Rising fuel prices from geopolitical tensions have not impaired margins or demand due to fuel-indexed customer contracts and a structurally lower fuel cost base.