| Revenue growth | Total income up 38% YoY; Revenue from operations up 42% YoY. |
|---|---|
| Margins | 93% contribution margin maintained in core business; core EBITDA up 16%. |
| Demand visibility | Recovered significantly post-April headwinds; secular trends in infrastructure remain positive. |
| Management confidence | Confident, highlighting consistent strategy execution and AI-driven productivity gains. |
Growth
Total income grew 38% YoY; Super Loads revenue accelerated 44% sequentially with expansion to 14 cities.
Outlook
Vehicle finance business expected to reach profitability by end of FY27.
Risks
Macro headwinds in April impacted tolling transactions; fuel loyalty remains volatile due to supply uncertainties.
Last quarter's promises, checked
Delivered
- Guided Vehicle Finance to reach break-even → delivered converging to profit (= BEAT)
- Guided Super Loads expansion to 10 cities → delivered 14 industrial hubs (= BEAT)
- Guided core business to compound on profitability → delivered 16% core EBITDA growth (= BEAT)
Partly delivered
- Guided total income growth of 55% → delivered 38% YoY (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: BLACKBUCK. Summary written with AI assistance from 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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