In the past few decades, polymer based fiber reinforced composites have been the prime materials chosen over the conventional materials in many industries, whereby drilling has been the secondary manufacturing process adopted for structural integration. Many specific characteristics of composites such as marked anisotropy, structural non-homogeneity, abrasiveness and lack of plastic deformation determine the behavior of composites during machining; this has makes it different than machining conventional materials in many respects. The principal objective of this work is to present a detailed literature review on drilling polymer composites with a focus on delamination. Aspects such as delamination mechanisms, fabrication methods, the type of drilling process adopted by various researchers, cutting parameters employed during drilling, mathematical delamination modelling, effect of thrust force, spindle speed, thermal loads, tool wear, surface roughness, tool geometry and tool materials on delamination and hole quality are summarized. In addition, the role of digital image processing in delamination assessment was also studied. Considerable efforts have been made by various researchers to comprehend delamination mechanisms, and there is still a demand for characterizing delamination with the implementation of nano-filler materials, the use of blended epoxy resins, reduced wear on drill tools, real-time drilling monitoring, the effect of stack supports and fiber stacking order, higher quality hole production and avoiding de-burring.