| Revenue growth | Revenue +35% YoY, +14% QoQ; H1 revenue +34%. |
|---|---|
| Margins | Group adj. EBITDA margin 2.1% vs 0.9% YoY; core CM flat 21.1%. |
| Demand visibility | Management cites bullish quick-commerce and D2C demand; no quantified outlook. |
| Management confidence | Over-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.
Earnings Call Transcript filed with NSE, NSE: SHIPROCKET. Summary written with AI assistance from 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.
More from Shiprocket Ltd
All →Shiprocket Management Change
Shiprocket's Company Secretary and Compliance Officer Nikhil Kumar resigned, effective November 5, 2026. The resignation was reported in a board meeting outcome.
Shiprocket Employee Stock Options
Shiprocket granted 6,526 stock options to eligible employees under its ESOP 2016 scheme. Each option converts into 266 equity shares at a Rs 10 exercise price.
Shiprocket Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹6,736 Mn (+35% YoY), Adj EBITDA ₹142 Mn (2.1%), PAT turns positive at ₹6 Mn. Core-led profitability; Emerging still loss-making.
Shiprocket Results Update
Shiprocket Limited reported a positive Profit After Tax of ₹0.6 Crore for Q2 FY27. Revenue grew 35% YoY to ₹673.6 Crore, driven by core and emerging segments.
- Value
- ₹673.6 Cr
Shiprocket Q2 FY27 Results: Turns Profitable, Net Profit ₹0.6 Cr
Shiprocket Ltd reported revenue from operations of ₹673.6 Cr (+34.7% YoY) and net profit of ₹0.6 Cr for Q2 FY27.
- Key figure
- Net profit ₹0.6 Cr
Shiprocket Board Meeting Date
Shiprocket will hold a board meeting on 5 November 2026 to consider unaudited standalone and consolidated results for the half year ended September 2026. The trading window stays closed until 48 hours after the outcome is declared.