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Earnings Call Transcript

Shiprocket Earnings Call Transcript: Key Takeaways

Revenue ₹670 Cr (+35% YoY) and adjusted EBITDA ₹14 Cr (2.1%) show improvement. Core contribution margin is flat at 21.1%, and management declined to give a margin timeline.

Shiprocket Q2 FY27 concall: date, live audio and summaryConcall page →
Highlights
Revenue growthRevenue +35% YoY, +14% QoQ; H1 revenue +34%.
MarginsGroup adj. EBITDA margin 2.1% vs 0.9% YoY; core CM flat 21.1%.
Demand visibilityManagement cites bullish quick-commerce and D2C demand; no quantified outlook.
Management confidenceOver-optimistic; repeated 'excited' and 'confidence' while avoiding margin timelines.

Growth

Core transactions +31% vs revenue +25%, implying a ~4-5% realisation drop that management attributes to mix. Emerging revenue +61%.

Outlook

No numeric forward guidance, only 'on track' vision language. H1 operating cash flow ₹55 Cr (2.3x YoY).

Risks

Core margin flat at 21.1% CM; management declined margin timeline, citing competition. Emerging adj. EBITDA still −21%; power merchant count stagnating.

Source

Earnings Call Transcript filed with NSE, NSE: SHIPROCKET. Summary written with AI assistance from the document.

Read the document ↗

Shiprocket Ltd: key numbers

Share price
₹130.62
Market cap
₹9,504 Cr
Revenue (annual)
₹2,024 Cr
Net profit (annual)
₹-79.24 Cr
Promoter holding
0.00%+0.00% QoQ
FII holding
4.62%Current quarter

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

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