Blackbuck Limited
NSE: BLACKBUCK · Transport Services · sector
₹545.10NSE close 2026-10-26
Key numbers
Market cap₹9,928 cr
Price₹545.10
52w high / low₹748 / ₹496
P/E58.9xSector median 17.2x
P/B7.0xSector median 8.8x
Book value₹78.1
Dividend yield–Sector median 0.90%
ROE12.7%Sector median 12.7%
ROCE11.7%Sector median 17.7%
OPM24.2%Sector median 16.7%
Debt / equity0.02xSector median 0.14x
EV/EBITDA54.0xSector median 15.8x
Interest cover30.5x
Current ratio3.33x
Sales growth 3y–Sector median +12.1%
Profit growth 3y–Sector median +94.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 6 companies in Transport Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹648 cr vs borrowings ₹26 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 30.5x in the last 12 months.
- 1.38% of the promoters' shares are pledged (0.3% of all shares).
- Promoter holding fell by 2.20 percentage points in a year, to 24.99% (2026-09-30).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 37% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹545.10 on 2026-10-26: -27.1% from the 52-week high, +9.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹694.35 · low ₹270.40
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 99 | 114 | 122 | 144 | 151 | 172 | 185 | 204 |
| EBITDA | -306 | -48 | 39 | 40 | 37 | 41 | 45 | 50 |
| OPM % | -309.5% | -42.0% | 32.0% | 28.1% | 24.2% | 23.8% | 24.3% | 24.3% |
| Other income | 5 | 9 | 15 | 16 | 16 | 16 | 14 | 16 |
| Net profit | -269 | -48 | 280 | 34 | 29 | 32 | 66 | 42 |
| EPS (₹) | -17.18 | -2.80 | 15.36 | 1.85 | 1.60 | 1.74 | 3.60 | 2.31 |
| Revenue YoY | +53.0% | +50.7% | +52.2% | +42.2% | ||||
| Profit YoY | – | – | -76.5% | +25.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 427 | 652 | 713 |
| EBITDA | -281 | 163 | 172 |
| Net profit | -9 | 160 | 169 |
| EPS (₹) | -0.49 | 8.79 | 9.25 |
| Revenue growth | +52.8% | +49.0% | |
| Profit growth | – | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +49.0% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -24.5% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 1,238 | 1,422 |
| Borrowings | 30 | 26 |
| Cash & equivalents | 721 | 648 |
| Total assets | 1,433 | 1,736 |
| Fixed assets | 38 | 86 |
| Capital work in progress | 0 | 2 |
| Investments | 41 | 41 |
| Receivables | 27 | 27 |
| Inventory | 0 | 0 |
| Payables | 18 | 38 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 58 | 169 |
| Cash from investing | -467 | -171 |
| Cash from financing | 384 | -11 |
| Capex | 44 | 112 |
| Free cash flow | 15 | 58 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -0.7% | 11.3% |
| ROCE % | -22.0% | 11.9% |
| Debtor days | 23 | 15 |
| Inventory days | 0 | 0 |
| Payable days | 15 | 21 |
| Cash conversion cycle (days) | 8 | -6 |
| Working capital days | 626 | 341 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 24.99% |
| FIIs | 31.00% |
| DIIs | 14.97% |
| of which Mutual funds | 12.25% |
| of which Insurance | 0.90% |
| Public (non-institutions) | 29.04% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 27.84% | 27.70% | 27.43% | 27.19% | 25.12% | 25.05% | 25.00% | 24.99% |
| Promoter group | % |
|---|---|
| Rajesh Kumar Naidu Yabaji | 10.61% |
| Chanakya Hridaya | 7.38% |
| Ramasubramanian Balasubramaniam | 6.92% |
| Yabaji Rajkumari | 0.07% |
| Anusha Thummala | 0.00% |
| Chinnam Naidu Yabaji | 0.00% |
| Bhagya Lakshmi Yabaji | 0.00% |
| Sri Lakshmi Yabaji | 0.00% |
| Madhavi Yabaji | 0.00% |
| Rayaan Yabaji | 0.00% |
| Rishi Yabaji | 0.00% |
| Chandrasekhara Naidu Thummala | 0.00% |
| Jayalakshmi Thummala | 0.00% |
| Chaitanya Tummala | 0.00% |
| Apurva Jain | 0.00% |
| Public holders above 1% | % |
|---|---|
| Accel India IV (Mauritius) Limited | 5.69% |
| Smallcap World Fund, INC | 4.34% |
| SBI Technology Opportunities Fund | 3.53% |
| Quant Mutual Fund A/C Quant Infrastructure Fund | 3.10% |
| International Finance Corporation | 2.52% |
| Tribe Capital V LLC Series 27 | 2.42% |
| Nomura India Investment Fund Mother Fund | 2.24% |
| Think Investments PCC | 1.90% |
| Discovery Global Opportunity (Mauritius) Ltd | 1.89% |
| IFC Emerging Asia Fund, LP | 1.86% |
| ABU Dhabi Investment Authority - Monsoon | 1.72% |
| Timf Holdings | 1.62% |
| ICICI Prudential Innovation Fund | 1.47% |
| Massachusetts Institute of Technology | 1.35% |
| Invesco India Contra Fund | 1.22% |
87,173 shareholders. Pledged: 1.38% of promoter shares.
Peers in Transport Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDIGO | ₹1,78,191 cr | – | 25.6x | -58.8% | 17.7% | 9.2% | +16.0% | 0.22% |
| BLACKBUCK | ₹9,928 cr | 58.9x | 7.0x | 12.7% | 11.7% | 24.2% | – | – |
| KERNEX | ₹2,650 cr | 13.9x | 10.7x | 93.9% | 71.8% | 34.1% | +374.0% | – |
| TAALTECH | ₹1,284 cr | 20.6x | 5.2x | 27.8% | 33.0% | 30.7% | – | 1.57% |
| SPICEJET | ₹1,177 cr | 0.7x | – | – | – | -13.5% | -6.7% | – |
| GLOBALVECT | ₹154 cr | – | – | -527.6% | -12.0% | 4.7% | +8.2% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Truck operator services | ₹642 cr | 98.3% | ₹192 cr | 29.9% |
| Lending business | ₹11 cr | 1.7% | ₹-2 cr | -13.7% |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Transport and storage: Land Transport via Road
| Sector | Services |
| Industry | Transport Services |
| Sub-industry | Transport Related Services |
| Symbol | BLACKBUCK |
| BSE code | 544288 |
| ISIN | INE0UIZ01018 |
| Face value | ₹1.0 |
| Incorporated | 2015-04-20 |
| Website | www.blackbuck.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.