Logistics major Delhivery has announced the allocation of 4,36,800 employee stock options (ESOPs) under its existing schemes, ESOP 2012 and ESOP 2021. According to the company’s disclosure, 3,51,100 options were issued under ESOP-2021 and 85,700 under ESOP-2012 on September 4, 2025.

Key Highlights

• Delhivery allocates 436,800 ESOPs under 2012 and 2021 schemes, valued at approx ₹20.4 crore.
• Q1 FY26 profit surges 68.5% YoY to ₹91 crore, revenue grows 5.6% to ₹2,294 crore.

The grant is valued at approximately ₹20.4 crore, based on Delhivery’s current market price of ₹467 per share. Each option can be converted into a fully paid-up equity share of face value ₹1 at an exercise price of Re 1, subject to the vesting conditions outlined in the respective schemes. The vesting period extends up to four years, contingent upon continued employment and fulfillment of scheme requirements.

On the business front, Delhivery reported a 5.6% year-on-year revenue growth, rising to ₹2,294 crore in Q1 FY26, compared to ₹2,172 crore in the same quarter last year. The Gurugram-based logistics player also posted a quarterly profit of ₹91 crore, reflecting operational improvements.

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As of 10:27 AM, Delhivery’s stock traded at ₹467 per share, giving the company a market capitalization of around ₹34,886 crore (approximately $4 billion).

The ESOP allocation underscores Delhivery’s focus on employee retention and incentivization, aligning long-term workforce interests with shareholder value creation.