# Blackbuck share price today (Blackbuck Ltd, NSE: BLACKBUCK)

> Blackbuck share price today: ₹534.85 at the NSE close on 4 November 2026, down 20.0% in a year. Blackbuck (NSE: BLACKBUCK) is worth ₹9,747 crore, trades at a P/E of 53.0 and has closed between ₹500.20 and ₹699.10 over the past 52 weeks. > Blackbuck Ltd is reporting record margins. BLACKBUCK · Logistics · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/blackbuck-ltd

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## Key numbers

- Price: ₹534.85 (−20.0% in a year)
- P/E: 53.0× (higher than 57% of the last 1 year)
- Revenue (Sep 2026): ₹235 Cr (+55.6% on a year ago)
- Profit (Sep 2026): ₹41.0 Cr (+41.4% on a year ago)
- Operating margin: 22.0% (−2.0 points on a year ago)
- ROCE: 13%, FY26

The main question: promoters moved −2.9 percentage points over 7 quarters while the business went the other way. ## What is the Blackbuck share price today? Blackbuck Ltd's share price was ₹534.85 at the close on 4 November 2026. It has been rising for 9 weeks. That is 7.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹500 and ₹699, and at that close it sat 17% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 19 weeks in a row. Over the last 2 years the share price moved +106% while the NIFTY 500 moved −4%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Blackbuck this quarter? Three changes stood out: promoters cut their stake for 7 quarters in a row, revenue up on a year earlier for 10 quarters in a row (every quarter we can compare) and lowest operating margin in 8 quarters. 1. Promoters cut their stake for 7 quarters in a row From 27.8% to 25% of the company by the September 2026 quarter. 2. Revenue up on a year earlier for 10 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹235 crore, +55.6% on a year earlier. Why: Revenue rose because the newer loads and vehicle-finance businesses grew fast. Next results: check whether tolling traffic picks up after the seasonal dip. From the earnings call on 29 Oct 2026. 3. Lowest operating margin in 8 quarters Operating margin was 22% in the September 2026 quarter, against 24% a year earlier. Why: The margin fell because more sales came from lower-margin telematics devices. Next results: check whether telematics device sales keep rising, since that mix pulled the margin down. From the earnings call on 29 Oct 2026. ## What are Blackbuck's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Blackbuck reported revenue of ₹235 crore, up 55.6% from ₹151 crore a year earlier, and a profit of ₹41.0 crore, up 41.4% from ₹29.0 crore. ### Blackbuck results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹235 crore | ₹151 crore | +55.6% |
| Profit | ₹41.0 crore | ₹29.0 crore | +41.4% |
| Earnings per share | ₹2.27 | ₹1.62 | +40.1% |
| Operating margin | 22.0% | 24.0% | −2.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Blackbuck's management discussed these results on a call held on 29 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Blackbuck share price history? Blackbuck closed at ₹534.85 on 4 November 2026, down 20.0% from ₹668.35 a year earlier (7 November 2025). Its highest weekly close since November 2024 was ₹699.10 on 2 January 2026. ### Blackbuck share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹564.00 | −5.2% |
| 1 month ago · 1 Oct 2026 | ₹606.15 | −11.8% |
| 6 months ago · 8 May 2026 | ₹579.10 | −7.6% |
| 1 year ago · 7 Nov 2025 | ₹668.35 | −20.0% |
| Earliest and lowest weekly close in our records · 22 Nov 2024 | ₹260.05 | +105.7% |
| Highest weekly close since November 2024, also the 52-week high · 2 Jan 2026 | ₹699.10 | −23.5% |
| 52-week low (weekly close) · 22 May 2026 | ₹500.20 | +6.9% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (106 weekly closes from 22 November 2024 to 4 November 2026.)

## What is the latest news on Blackbuck? 4 Nov 2026: Blackbuck closed at ₹534.85, down 5.2% on the week and down 11.8% on the month. 29 Oct 2026: Blackbuck held its results call for July to September 2026. Management guided: Vehicle-finance operating profit breakeven in FY27 on steady partner AUM climb, reiterated on track. ### Earlier

- Results for July to September 2026: Revenue up 55.6% and profit up 41.4% on a year earlier. ## What dividend does Blackbuck pay? Blackbuck has paid no dividend on the NSE since its first NSE close in our records (22 November 2024), the start of the period we checked. No. Blackbuck Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 5 November 2026.)

## What did Blackbuck management say on the latest results call? On the call for July to September 2026, held on 29 October 2026, Blackbuck's management guided: Vehicle-finance operating profit breakeven in FY27 on steady partner AUM climb, reiterated on track. > “Using a mix of these strategies, we believe the impact of MDR on UPI will be significantly close to zero, possibly, for our business.”
> Rajesh Kumar Naidu Yabaji, on the call for July to September 2026

### What management guided

- Telematics deferred revenue to keep converting into reported growth over coming quarters. - Q3-Q4 tolling pickup indexed to industry seasonality, October tracking normal rebound. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/58179-29-Oct-2026.pdf). (From the call for July to September 2026, 29 October 2026.)

## What to watch in Blackbuck's next results? When Blackbuck reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Next-quarter tolling GTV direction after flat seasonal patch - check whether industry pickup arrives as indexed. - What to check (from the call)
- Next-quarter tolling GTV direction after flat seasonal patch - check whether industry pickup arrives as indexed. - Own-FASTag issuance momentum via subsidiary route - check incremental scale lasts and partner majority stays intact. - Telematics device momentum converting through deferral - check reported growth follows fresh highs with balance climbing. - Vehicle-finance path to operating profit breakeven - check segment P&L turns on steady partner AUM growth. ## Which stock lists is Blackbuck on? Blackbuck is not on any of our India lists this week. ## Is Blackbuck profitable? Blackbuck Ltd earned ₹41.0 Cr of net profit in the Sep 2026 quarter, +41.4% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹160 Cr. That is 17.4% of the quarter's revenue. The same quarter a year earlier earned ₹29.0 Cr. 4 of the last 12 reported quarters were loss-making. Why profit moved: revenue changed +55.6% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −3.8% and revenue +49.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Blackbuck make, and is it growing? Blackbuck Ltd reported ₹235 Cr of revenue in the Sep 2026 quarter, +55.6% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 5 years it has grown −5.5% a year on average. The last full year, FY26, came in at ₹652 Cr. The last four reported quarters add to ₹796 Cr. FY26 revenue was ₹652 Cr, +52.7% on the year before. Recent pace: the last four quarters grew +49.9% on average, against −5.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +49.9%, against +47.7% a year over the last 8 quarters (stabilising). ## How much of every ₹100 of sales does Blackbuck keep? Blackbuck Ltd's operating margin was 22.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 6 years it has been between −194.0% and 26.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.6 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Blackbuck's profit turning into cash? Blackbuck Ltd's cash-flow history is too short to judge how much of its profit turns into cash. In FY26 it brought in ₹169 Cr of operating cash against ₹160 Cr of profit. After ₹126 Cr of spending on assets, ₹43.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building. ## Where does Blackbuck's cash go? Blackbuck Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 15 days in FY26, down from 119 days in FY21. It spent ₹199 Cr on assets over the last 3 years. At FY26 sales of ₹652 Cr, each day of that cycle ties up about ₹1.8 Cr, so roughly ₹27.0 Cr is tied up in the business at any time. Spending on assets: ₹199 Cr over the last 3 years, against ₹112 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Blackbuck's P/E ratio, and how does it compare with its own history? Blackbuck Ltd's P/E is 53.0×, in the middle of its own history: higher than 57% of past readings. Its usual P/E (the middle reading) is 34.4×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹9.96. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Blackbuck business getting better or worse? Blackbuck Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 10 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Blackbuck earn on its capital? Blackbuck Ltd earned a ROCE of 13% in FY26. That is up from a low of −36% in FY23. Its return on capital used (ROIC) is 4.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 24.5% net margin and 0.38× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 24.5% net margin × 0.38× asset turnover × 1.22× leverage (assets divided by equity) ≈ 11.4% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 16.6% − 12.0% = +4.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Blackbuck have too much debt? Blackbuck Ltd has total debt of ₹44.0 Cr against shareholder equity of ₹1,515 Cr as of Sep 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.59 in FY24 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Blackbuck shareholding pattern? Foreign institutions raised their stake in Blackbuck Ltd by 19.3 percentage points over 7 quarters, the biggest change among its owners. Foreign institutions now own 31.0% of the company. Domestic institutions moved +5.0 points over the same period, to 15.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +19.3 points over 7 quarters, to 31.0%; Domestic institutions: +5.0 points over 7 quarters, to 15.0%; Promoters: −2.9 points over 7 quarters, to 25.0%. Why the owners changed: foreign institutions drove it (+19.3 points), together with domestic institutions (+5.0 points). They raised their stake step by step. ## How far is Blackbuck from balance-sheet trouble? For Blackbuck Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Blackbuck rank in its industry? 41.8 out of 100, rank 9 of 18 in Logistics, with 78% of the evidence available. Blackbuck Ltd scores 41.8 out of 100 against the 18 companies it is compared with in Logistics, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 8.3 + 15.2 + 7.6 + 10.7 = 41.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Blackbuck compared with? Blackbuck ranks 9 of 18 Logistics companies on the 4-Factor Sector Score, with 41.8 out of 100. 1. [Allcargo Terminals Ltd](https://www.sectoralpha.in/stocks/allcargo-terminals-ltd) ATL · breaking out · Most evidence points up · 96% evidence 66.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Revenue 12.3% · Profit 39.2% · Operating margin change 3.7 points · 88% evidence Capital efficiency 15.2/25 · ROCE 11.2% · Operating margin 22.1% · 100% evidence Valuation 15.7/20 · P/E 16.5× · PEG 0.43 · 100% evidence Relative strength 12.3/20 · Lead over its industry -4.9% · Lead over NIFTY 500 -1.2% · 1 year -25.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 23 + 15.2 + 15.7 + 12.3 = 66.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Aegis Logistics Ltd](https://www.sectoralpha.in/stocks/aegis-logistics-ltd) AEGISLOG · losing its lead · Most evidence points up · 82% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 19.7% · Profit 73.1% · Operating margin change 7 points · 95% evidence Capital efficiency 16.3/25 · ROCE 13.3% · Operating margin 20% · 76% evidence Valuation 8.2/20 · P/E 28.9× · PEG n/a · 50% evidence Relative strength 13.8/20 · Lead over its industry 20.5% · Lead over NIFTY 500 22.7% · 1 year 46.2% · 100% evidence · 9 of 12 weeks ahead Exact sum: 27.1 + 16.3 + 8.2 + 13.8 = 65.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Shadowfax Technologies Ltd](https://www.sectoralpha.in/stocks/shadowfax-technologies-ltd) SHADOWFAX · breaking out · Evidence leans up · 63% evidence 64.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 40.3/43.75 · Revenue 64.4% · Profit 100% · Operating margin change 3 points · 100% evidence Capital efficiency 12.5/31.25 · ROCE 10% · Operating margin 7% · 100% evidence Valuation 11.3/25 · P/E 71.2× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 40.3 + 12.5 + 11.3 = 64.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Blue Dart Express Ltd](https://www.sectoralpha.in/stocks/blue-dart-express-ltd) BLUEDART · quiet · Evidence leans up · 81% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue 9.2% · Profit 15.3% · Operating margin change 2 points · 88% evidence Capital efficiency 17.3/25 · ROCE 15.8% · Operating margin 16% · 100% evidence Valuation 8.9/20 · P/E 30.5× · PEG 3.26 · 100% evidence Relative strength 7.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.3% · 1 year -36.5% · 25% evidence · 1 of 12 weeks ahead Exact sum: 20.4 + 17.3 + 8.9 + 7.7 = 54.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Gateway Distriparks Ltd](https://www.sectoralpha.in/stocks/gateway-distriparks-ltd) GATEWAY · quiet · Evidence leans up · 85% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue 8.2% · Profit -38.7% · Operating margin change 1 points · 100% evidence Capital efficiency 13.3/25 · ROCE 10.8% · Operating margin 22% · 100% evidence Valuation 17.4/20 · P/E 9.1× · PEG 1.02 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.4% · 1 year -32.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 13.3 + 17.4 + 7.5 = 52.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [Transport Corporation of India Ltd](https://www.sectoralpha.in/stocks/transport-corporation-of-india-ltd) TCI · turning · Evidence leans up · 100% evidence 50.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Revenue 11.5% · Profit 5.9% · Operating margin change -1 points · 100% evidence Capital efficiency 16.8/25 · ROCE 19.4% · Operating margin 10% · 100% evidence Valuation 11.6/20 · P/E 14.7× · PEG 2.3 · 100% evidence Relative strength 7.0/20 · Lead over its industry -9.2% · Lead over NIFTY 500 -5.3% · 1 year -27.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.3 + 16.8 + 11.6 + 7 = 50.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Ritco Logistics Ltd](https://www.sectoralpha.in/stocks/ritco-logistics-ltd) RITCO · losing its lead · Evidence leans down · 78% evidence 46.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 16.9% · Profit -35.4% · Operating margin change -1.1 points · 83% evidence Capital efficiency 10.4/25 · ROCE 10.2% · Operating margin 6% · 76% evidence Valuation 7.9/20 · P/E 23.8× · PEG n/a · 50% evidence Relative strength 14.5/20 · Lead over its industry 4.6% · Lead over NIFTY 500 8% · 1 year 3.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 13.2 + 10.4 + 7.9 + 14.5 = 46 · What this means: Relative strength against the index is 8%, and revenue and profit growth are weak. 8. [TransIndia Real Estate Ltd](https://www.sectoralpha.in/stocks/transindia-real-estate-ltd) TREL · breaking out · Evidence leans down · 78% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 1.2% · Profit -26.8% · Operating margin change -11 points · 83% evidence Capital efficiency 9.3/25 · ROCE 2.9% · Operating margin 55% · 76% evidence Valuation 13.7/20 · P/E 15.2× · PEG n/a · 50% evidence Relative strength 9.4/20 · Lead over its industry -7.2% · Lead over NIFTY 500 -3.6% · 1 year -17.2% · 100% evidence · 9 of 12 weeks ahead Exact sum: 12.1 + 9.3 + 13.7 + 9.4 = 44.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 9. Blackbuck Ltd this page BLACKBUCK · breaking out · Evidence leans down · 78% evidence 41.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.3/35 · Revenue 49.9% · Profit -38.6% · Operating margin change -2 points · 100% evidence Capital efficiency 15.2/25 · ROCE 12.8% · Operating margin 22% · 100% evidence Valuation 7.6/20 · P/E 55.9× · PEG 2.37 · 65% evidence Relative strength 10.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.3% · 1 year -17.6% · 25% evidence · 11 of 12 weeks ahead Exact sum: 8.3 + 15.2 + 7.6 + 10.7 = 41.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Sindhu Trade Links Ltd](https://www.sectoralpha.in/stocks/sindhu-trade-links-ltd) SINDHUTRAD · basing · Too little evidence to rank firmly · 56% evidence 38.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue -63.7% · Profit 11.4% · Operating margin change 8 points · 83% evidence Capital efficiency 7.4/25 · ROCE 4.5% · Operating margin 16% · 76% evidence Valuation 9.4/20 · P/E 46.4× · PEG n/a · 15% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -12.9% · 1 year -18.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.8 + 7.4 + 9.4 + 8 = 38.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Western Carriers (India) Ltd](https://www.sectoralpha.in/stocks/western-carriers-indialtd) WCIL · breaking out · Evidence leans down · 64% evidence 37.3 out of 100 Growth Capital Valuation Relative
12. [Container Corporation Of India Ltd](https://www.sectoralpha.in/stocks/container-corporation-of-india-ltd) CONCOR · quiet · Evidence leans down · 96% evidence 36.5 out of 100 Growth Capital Valuation Relative
13. [Reliance Industrial Infrastructure Ltd](https://www.sectoralpha.in/stocks/reliance-industrial-infrastructure-ltd) RIIL · basing · Most evidence points down · 85% evidence 26.3 out of 100 Growth Capital Valuation Relative
14. [S J Logistics (India) Ltd](https://www.sectoralpha.in/stocks/s-j-logistics-indialtd) SJLOGISTIC · Too little evidence to rank firmly · 40% evidence 66.9 out of 100 Growth Capital Valuation Relative
15. [Tejas Cargo India Ltd](https://www.sectoralpha.in/stocks/tejas-cargo-india-ltd) TEJASCARGO · turning · Too little evidence to rank firmly · 32% evidence 52.3 out of 100 Growth Capital Valuation Relative
16. [JITF Infra Logistics Ltd](https://www.sectoralpha.in/stocks/jitf-infra-logistics-ltd) JITFINFRA · quiet · Too little evidence to rank firmly · 46% evidence 52.1 out of 100 Growth Capital Valuation Relative
17. [Sical Logistics Ltd](https://www.sectoralpha.in/stocks/sical-logistics-ltd) SICALLOG · quiet · Too little evidence to rank firmly · 49% evidence 46.4 out of 100 Growth Capital Valuation Relative
18. [Allcargo Gati Ltd(Merged)](https://www.sectoralpha.in/stocks/allcargo-gati-ltd-merged) ACLGATI · Too little evidence to rank firmly · 24% evidence 38.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Logistics](https://www.sectoralpha.in/sectors/logistics), all 18 compared on one page. ## Which companies are close to Blackbuck in size? Blackbuck is the 4th largest of 18 Logistics companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Aegis Logistics, Container Corporation Of India and Shadowfax Technologies. Just below it: Blue Dart Express, Transport Corporation of India and Sindhu Trade Links. ### Logistics companies close in size

1. [Aegis Logistics Ltd](https://www.sectoralpha.in/stocks/aegis-logistics-ltd) ₹38,494 crore
2. [Container Corporation Of India Ltd](https://www.sectoralpha.in/stocks/container-corporation-of-india-ltd) ₹31,520 crore
3. [Shadowfax Technologies Ltd](https://www.sectoralpha.in/stocks/shadowfax-technologies-ltd) ₹15,956 crore
4. Blackbuck Ltd ₹10,278 crore
5. [Blue Dart Express Ltd](https://www.sectoralpha.in/stocks/blue-dart-express-ltd) ₹9,897 crore
6. [Transport Corporation of India Ltd](https://www.sectoralpha.in/stocks/transport-corporation-of-india-ltd) ₹6,745 crore
7. [Sindhu Trade Links Ltd](https://www.sectoralpha.in/stocks/sindhu-trade-links-ltd) ₹3,591 crore

[All 18 Logistics companies, largest first](https://www.sectoralpha.in/sectors/logistics#all-companies)

### Companies close in size in other industries

1. [Bluestone Jewellery & Lifestyle Ltd](https://www.sectoralpha.in/stocks/bluestone-jewellery-lifestyle-ltd) ₹10,312 crore · Diamond, Gems & Jewellery
2. [Vinati Organics Ltd](https://www.sectoralpha.in/stocks/vinati-organics-ltd) ₹10,286 crore · Speciality Chemicals
3. Blackbuck Ltd ₹10,278 crore
4. [Gravita India Ltd](https://www.sectoralpha.in/stocks/gravita-india-ltd) ₹10,244 crore · Recycling
5. [Paras Defence and Space Technologies Ltd](https://www.sectoralpha.in/stocks/paras-defence-and-space-technologies-ltd) ₹10,071 crore · Aerospace & Defence - Equipments

## What else do people ask about Blackbuck? ### What is Blackbuck's share price today? Blackbuck Ltd's share price is ₹534.85, −20.0% over the past year. The whole company is worth ₹9,747 Cr on the market. In the last 52 weeks it traded between ₹500 to ₹699; today it is 17% of the way up from the low, 7.0% below its 200-day average (as of 4 November 2026). ### What were Blackbuck's latest quarterly results? Blackbuck Ltd reported revenue of ₹235 Cr and net profit of ₹41.0 Cr for the Sep 2026 quarter. Revenue rose 55.6% and profit rose 41.4% compared with a year earlier. Earnings per share were ₹2.27. The operating margin was 22.0%, 2.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is Blackbuck's market cap? Blackbuck Ltd's market capitalisation is ₹9,747 Cr at a share price of ₹534.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Blackbuck performing? Blackbuck Ltd's share price has been rising for 9 weeks. In its latest quarter, revenue rose 55.6% and profit rose 41.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 19 weeks running (as of 4 November 2026). ### Will Blackbuck's share price go up? This page does not forecast Blackbuck Ltd's share price. What it shows instead: the share price is ₹534.85, and it has been rising for 9 weeks. Its P/E of 53.0× is higher than 57% of its own last 1 years (as of 4 November 2026). ### Who owns Blackbuck? Promoters own 25.0% of Blackbuck Ltd, foreign institutions 31.0%, domestic institutions 15.0% and the public 29.0% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 19.3 percentage points over 7 quarters (as of 4 November 2026). ### Does Blackbuck have too much debt? No, Blackbuck Ltd has little debt: its debt is 0.04× its equity, and its operating profit is 28 times its interest bill. FY26 borrowings were ₹59.0 Cr against equity of ₹1,422 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Blackbuck in its business cycle? Blackbuck Ltd's FY26 operating margin was 26.0%, against a 6-year range of −194.0% to 26.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 22.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Blackbuck story? The main question: promoters moved −2.9 percentage points over 7 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Blackbuck a stock worth studying right now? What the numbers show: Blackbuck Ltd is reporting record margins. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Blackbuck share price forecast for 2026? What management itself guided: Vehicle-finance operating profit breakeven in FY27 on steady partner AUM climb, reiterated on track. This is research, not advice. We’re not SEBI-registered.