Shiprocket Ltd

Shiprocket Limited has officially changed its Corporate Identification Number (CIN) from 'U72900DL2011PLC225614' to 'L72900DL2011PLC225614' following its listing on BSE and NSE on August 19, 2026. This change, approved by the Registrar of Companies, National Capital Territory of Delhi-I, reflects the company's listed status. The new CIN will be updated across all relevant platforms in due course. The company has provided updated MCA Master Data for reference.

Shiprocket Ltd has announced the closure of its trading window for dealing in the company's securities, effective October 1, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will reopen 48 hours after the announcement of the unaudited financial results for the quarter and half-year ended September 30, 2026. Designated persons and their immediate relatives are prohibited from trading in the company's equity shares during this period. The date for the board meeting to declare these financial results will be intimated separately.

Shiprocket Limited has announced its 15th Annual General Meeting (AGM) will be held on September 30, 2026, via video conference. The company is also releasing its Annual Report for the financial year ended March 31, 2026. The notice and report are being sent electronically to members registered by September 4, 2026. Remote e-voting will be available from September 27 to September 29, 2026, for members holding shares as of September 23, 2026. KFin Technologies Limited is appointed as the e-voting agency. The Annual Report details the company's business, corporate overview, journey, offerings, business model, management message, operational and financial performance, AI integration, merchant impact, strategies, governance, and statutory reports.

Shiprocket Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as per SEBI regulations. The report, available on the company's investor relations website, details its operations, employee data, and market reach. The company operates on a standalone basis for reporting purposes. Key disclosures include its corporate identity, registered and corporate addresses, contact information, and stock exchange listings on BSE and NSE. The report covers business activities contributing to 100% of turnover, primarily in computer programming and related IT services. It also outlines the company's national and international market presence, customer base, and employee demographics, including a breakdown of permanent and other employees by gender. Information on women's participation in leadership roles and employee turnover rates is also provided.

Shiprocket Ltd has announced its 15th Annual General Meeting (AGM) scheduled for September 30, 2026, to be conducted via video conference. The company has released its Annual Report for the financial year ended March 31, 2026, along with the AGM notice. Both documents are available electronically to shareholders registered by September 4, 2026. E-voting will be open from September 27 to September 29, 2026. KFin Technologies Limited has been appointed as the e-voting agency. The Annual Report details the company's business model, operational and financial performance, AI integration, merchant impact, strategies, and corporate governance.

Shiprocket Ltd's Board of Directors, in a meeting held on September 07, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also recommended the appointment of B S R & Co. LLP as the new Statutory Auditors for a five-year term, replacing S. R. Batliboi & Associates LLP. Additionally, M/s. DMK Associates were appointed as Secretarial Auditors for a similar term. The company also approved and recommended for shareholder approval the ratification of the Shiprocket Employee Stock Option Plan 2016 and 2024, including extending benefits to group and subsidiary companies.

Shiprocket reported consolidated results for Q1 FY27, with revenue from operations growing 34% year-on-year to ₹5,921 Mn. Adjusted EBITDA scaled to ₹89 Mn, up from ₹10 Mn a year earlier. The company's two-segment model, comprising a cash-generative Core Business and a fast-compounding Emerging Business, drove performance. Net loss narrowed by 24% YoY to ₹137 Mn. The Core Business generated ₹527 Mn of Adjusted EBITDA, while the Emerging Business grew revenue by 70% YoY, lifting its contribution margin to 15.3%. Shiprocket continues to invest in its platform, enhancing features like AI-powered courier intelligence and appointment-based delivery.

Shiprocket Ltd's Board of Directors, in a meeting held on September 07, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also announced the recommended appointment of M/s. B S R & Co. LLP as Statutory Auditors for a five-year term, replacing M/s. S. R. Batliboi & Associates LLP. Additionally, M/s. DMK Associates has been approved as Secretarial Auditor for FY 2026-27 to FY 2030-31. The Board also recommended the ratification of the Shiprocket Employee Stock Option Plan 2016 and 2024, including extension to group and subsidiary companies, subject to shareholder approval.

Shiprocket's maiden quarterly report as a listed company shows a consolidated Q1 FY27 loss of ₹13.7 Cr on revenue of ₹592.1 Cr (+33.8% YoY, +6.8% QoQ), above the ₹560–580 Cr revenue range flagged in our pre-result preview. The bigger surprise was operating profitability: EBITDA (PBT plus finance cost and depreciation) turned positive at ₹2.8 Cr, versus a ₹1.8 Cr EBITDA loss a year ago — well inside, in fact ahead of, the preview's expected ₹5–8 Cr EBITDA-loss range, a clear beat on the metric flagged as the quarter's real test. The bottom line still shows red because ₹28.5 Cr of non-cash employee share-based payment (SBC) expense sits above the EBITDA line; strip that out and the quarter is operating-profitable. Growth was led by the newer Emerging Business segment (Omuni, international, ads and finance), up 70.2% YoY to ₹180.3 Cr, while the steadier Core Business (merchant-solutions/logistics) grew 22.3% YoY to ₹411.7 Cr and lifted its segment profit to ₹52.7 Cr from ₹41.3 Cr a year ago. Emerging Business losses widened too, however — to ₹43.7 Cr from ₹40.3 Cr YoY and ₹43.0 Cr QoQ — so group profitability is still held back by the newer bets even as the core logistics engine scales toward steady margins. Net loss narrowed 24% YoY (from ₹18.0 Cr) and 16% QoQ (from ₹16.3 Cr). Standalone (parent-only, ex-subsidiaries) numbers diverge materially: the entity posted a ₹20.2 Cr profit (EPS ₹0.31) versus a loss a year ago, confirming the consolidated loss originates entirely in subsidiaries (Pickrr, Shiprocket Omuni, Shiprocket Pte/Inc, Logitrust). Management has no formal quantitative guidance on record — this is the first quarterly disclosure since the August 19, 2026 listing — and analyst coverage remains thin post-IPO with no verifiable independent consensus estimate, so the pre-result preview is the primary benchmark used here. Alongside the results, the board also approved BSR & Co. LLP as statutory auditor (replacing S.R. Batliboi) for a five-year term and ratified the ESOP 2016 and ESOP 2024 pools — the same ESOP charge that is currently the single biggest drag between EBITDA and net profit. Two threads carry into Q2 FY27: whether Core Business segment margin (~12.8% of segment revenue, up from ~12.3% YoY) keeps expanding, and whether Emerging Business losses stabilize as those verticals scale — both explicitly flagged as watch items in our pre-result preview and still unresolved. Management's September 8, 2026 analyst call is the first chance to hear commentary on GMV, merchant count and ARPU, none of which were disclosed in this filing.

Shiprocket Ltd has announced that its Board of Directors will convene on September 7, 2026. The primary agenda for this meeting is to consider and approve the unaudited financial results for the quarter ended June 30, 2026, on both standalone and consolidated bases. Concurrently, the company has also informed about the closure of the trading window for designated persons and their immediate relatives, effective from August 19, 2026, which will remain closed until 48 hours after the declaration of these financial results.