Blackbuck Ltd (Logistics) — fundamental analysis, earnings data, and key metrics. PE: 29.1. ROE: 47.3%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Mar 21, 2026
What: Expansion from 9 to 14 cities driving near 3X YoY revenue growth in growth businesses segment
Impact: +₹50 Cr revenue
“Management stated: 'Superloads expansion to 14 cities by June 2026 remains the target, contingent on business performance and economics.'”
What: 35% QoQ jump in disbursals contributing to 271% YoY growth in growth businesses
Impact: +₹10 Cr revenue
“Management stated: 'The vehicle finance business recorded a 35% QoQ jump in disbursals during the quarter.'”
What: 56% YoY profit growth in core business on 50% revenue growth showing operating leverage
Impact: +₹20 Cr revenue
“Management stated: 'The profitability of its truck operator business compounded due to a consistent operating leverage.'”
Earnings deceleration risks from management commentary
Trigger: Ongoing labor code implementation
Impact: -300 bps margin impact
Management view: Management acknowledged: 'The company also incurred an exceptional item cost of ₹3.8 Cr in Q3 FY26 following the notification of new labour codes.'
Monitor: Exceptional items in P&L
Trigger: Aggressive scaling of new verticals
Impact: -200 bps margin impact
Management view: Management noted: 'it undertook a calibrated approach to step-up investments across its lending business.'
Monitor: Growth business contribution margin
Key quotes from recent conference calls
“Superloads expansion to 14 cities by June 2026 remains the target, contingent on business performance and economics. — Management”
“The company said that the profitability of its truck operator business compounded due to a consistent operating leverage. — Management”
“Core businesses grew 31.5% YoY, while growth businesses (Superloads, Vehicle Finance) surged 271% YoY, led by expansion in new verticals. — Management”
“Core businesses are expected to continue compounding, with ongoing investments in distribution and new business verticals. — Management”
Forward-looking targets from management for 2-4 quarters
Key Milestones
• Superloads expansion to 14 cities by June 2026
• Continued compounding of core businesses
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Mar 21, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Blackbuck Ltd's latest quarterly results (Dec 2025) show
Blackbuck Ltd's current PE ratio is 29.1x.
Blackbuck Ltd's price-to-book ratio is 8.5x.
Blackbuck Ltd's fundamental strength based on key financial ratios
Blackbuck Ltd has a debt-to-equity ratio of N/A.
Blackbuck Ltd's return ratios over recent years
Blackbuck Ltd's operating cash flow is positive (FY2025).
Blackbuck Ltd currently does not pay a significant dividend (yield 0.00%).
Blackbuck Ltd's shareholding pattern (Dec 2025)
Blackbuck Ltd's promoter holding has decreased recently.
Blackbuck Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Blackbuck Ltd has 3 key growth catalysts identified from recent earnings analysis
Blackbuck Ltd has 2 key risks worth monitoring
In Q3 FY26, Blackbuck Ltd's management highlighted
Blackbuck Ltd's management has provided the following forward guidance for 2-4 quarters
Based on quantitative research signals, here is why Blackbuck Ltd may be worth studying
Blackbuck Ltd investment thesis summary:
Blackbuck Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
