SHIPROCKET
Shiprocket Limited (shiprocket) Q2 FY27: Simplifying Commerce with 35% Revenue Growth
Shiprocket Limited (SHIPROCKET) reports Q2 FY27 results with 35% YoY revenue growth, turning PAT positive.
Shiprocket Limited (SHIPROCKET) has reported consolidated results for the quarter ended September 30, 2026 (“Q2 FY27”). The company turned profit after tax positive at ₹6 Mn, against a loss of ₹203 Mn a year earlier and ₹137 Mn in Q1 FY27. Revenue from operations grew 35% year-on-year to ₹6,736 Mn and Adjusted EBITDA grew to ₹142 Mn. Both the Core and Emerging engines drove the turn. The Core Business generated ₹591 Mn of Adjusted EBITDA, up 29% on 25% revenue growth.
Platform Scale
The platform scale has increased significantly with a trailing twelve month (TTM) GMV of ₹373,987 Mn across 233 Mn unique transactions, serving more than 236,100 active merchants. Core Business transactions grew 37% YoY in the quarter.
Segment Performance
Core Business revenue grew 25% YoY to ₹4,615 Mn. Emerging Business grew 61% YoY to ₹2,122 Mn, led by Martech (+102%) and Omnichannel (+79%), and now contributes 31% of revenue, up from 26% a year ago.
Profitability
Contribution up 43% YoY to ₹1,300 Mn (19.3% of revenue), Adjusted EBITDA grew to ₹142 Mn and PAT of ₹6 Mn against a loss of ₹203 Mn, a ₹209 Mn swing YoY. Core Business Adjusted EBITDA margin rose to 12.8% from 12.4%. Emerging Business contribution margin rose to 15.4% from 10.1%, and its Adjusted EBITDA margin improved from (31.5%) to (21.2%).
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Shiprocket Limited
Shiprocket Limited. Here’s a quick read on where the business and the stock stand today.
Symbol SHIPROCKET not found in TradeAlone database.
SHIPROCKET
Shiprocket Limited (shiprocket) Q1 FY27: Simplifying Commerce with Revenue Up 34% Yoy
Shiprocket Limited (SHIPROCKET) reports Q1 FY27 results with revenue up 34% YoY, Adjusted EBITDA scales to ₹89 Mn.
Shiprocket Limited (SHIPROCKET) today reported consolidated results for the quarter ended June 30, 2026 (Q1 FY27), its first as a listed company. Revenue from operations grew 34% year-on-year to ₹5,921 Mn and contribution margin expanded 124 bps to 19.4%. Adjusted EBITDA scaled to ₹89 Mn, up from ₹10 Mn a year earlier.
Platform Scale
The company has trailing twelve month GMV of ₹346,618 Mn; delivering trailing twelve month unique transactions of 216 Mn and serves 224,314 active merchants.
Segment Performance
Core Business revenue grew 22% YoY to ₹4,117 Mn. Emerging Business (Checkout and marketing solutions, Cross-border and Omnichannel solutions) grew 70% YoY to ₹1,804 Mn. Emerging Business grew 3.2 times faster than Core Business and now contributes 30% of revenue.
Profitability
Overall Contribution margin up 43% YoY to ₹1,151 Mn (19.4% of revenue) and Adjusted EBITDA up from ₹10Mn to ₹89 Mn. Core Business generated ₹527 Mn of Adjusted EBITDA, 12.8% of its revenue, with Contribution margin at 21.2%. Emerging Business Contribution margin lifted from 9.3% to 15.3% and its rupee contribution grew from ₹98 Mn to ₹277 Mn.
Shiprocket is steadily working on its vision to be the operating system Indian MSMEs run their commerce on. The company has introduced several new products and services, including RADAR AI-powered courier intelligence, AI Ads stack, and appointment-based delivery.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Shiprocket Limited
Shiprocket Limited. Here’s a quick read on where the business and the stock stand today.
Symbol SHIPROCKET not found in TradeAlone database.
-
Basic Materials3 days agoJtl Industries Limited (jtlind) Advances Maharashtra Facility Expansion with Hot Trial of Pickling Line and Cold Trial of GP Line
-
AFFORDABLE2 days agoAffordable Robotic & Automation Limited Secures ₹19 Crore Order for Next-gen Agv-based Car Parking Technology
-
Energy3 days agoSouth West Pinnacle Exploration Limited (southwest) H1 FY27: Revenue Up 16%, PAT Surges 23%
-
Healthcare2 days agoMorepen Laboratories Limited Launches Desloratadine Tablets in U.S. Prescription Market
-
Consumer Cyclical1 day agoWhirlpool of India Limited (whirlpool) Delivers Double Digit Revenue Growth in Q2 Fy26-27
-
Credit Services2 days agoMoneyboxx Finance Limited (moneyboxx): Q2 FY27 Pre-provision Operating Profit Up 79% Yoy and 4x
-
Basic Materials2 days agoShyam Metalics and Energy Limited (shyammetl) Reaffirms Credit Ratings and Enhances Bank Debt
-
Industrials2 days agoPower & Instrumentation (gujarat) Limited (pigl) Q2 FY27: Ebitda Jumps 45%, Orders Surge
