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Earnings Call

Black Buck Earnings Call: Key Takeaways

BlackBuck achieved its first full year of PAT profitability in FY26, driven by strong growth in core tolling and telematics despite external macroeconomic headwinds.

Highlights
Revenue growthTotal income grew 55% YoY to ₹715cr for FY26.
MarginsEBITDA margins improved through operating leverage, reaching 190cr annual run-rate.
Demand visibilityFreight movement seeing drag from West Asia conflict and fuel program disruptions.
Management confidenceBalanced, highlighting core profitability while acknowledging short-term geopolitical headwinds.

Growth

Total income grew 55% YoY to ₹715cr; EBITDA surged 80% to ₹167cr with first-ever PAT of ₹160cr.

Outlook

Vehicle finance business expected to turn cash flow positive by end of FY26; Superloads scaling in 10 new cities.

Risks

West Asia conflict creating short-term freight drag; temporary suspension of OMCs' loyalty fuel programs impacting revenue flow-through.

Source

Earnings Call filed with BSE, NSE: BLACKBUCK. Summary written with AI assistance from the document.

Read the document ↗

Black Buck Ltd: key numbers

Share price
₹598.95
Market cap
₹10,915 Cr
Revenue (annual)
₹652.0 Cr
Net profit (annual)
₹160.3 Cr
P/E (TTM)
64.7×Sector 29.0×
Promoter holding
25.00%-0.05% QoQ
FII holding
31.47%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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